Quarterly Review of Economics and Finance

Article	Citations
Trading strategies and the frequency of time-series	111
Rigidity in public contracts: Implications for renewal dynamics	108
Are safe-haven assets really safe? Heterogeneity under economic, political and climate risks	100
Effects of credit and labor constraints on microenterprises and the unintended impact of changes in household endowments: Use of threshold estimation to detect heterogeneity	79
Hedging extreme risks in US stocks caused by the shortage of US dollar liquidity: Evidence from the COVID-19 outbreak	78
Quantifying endogenous and exogenous shocks to financial sector systemic risk: A comparison of GFC and COVID-19	61
ESG rating, rating divergence and investment efficiency: International evidence	55
Irregularities in forward-looking volatility	50
FoMO in the Bitcoin market: Revisiting and factors	49
Readability of asset securitization reporting and bank holding company’s credit risk	45
The role of the COVID-19 pandemic in US market volatility: Evidence from the VIX index	45
Do board size, institutional ownership and external auditors matter to market discipline in Indonesian banking?	44
The capital ratio and the interest rate spread: A panel threshold regression approach	44
Term structure of equity risk premia in rough terrain: 150 years of the French stock market	44
The effect of financial distress on capital structure: The case of Brazilian banks	44
News-based economic policy uncertainty and financial contagion: An international evidence	42
Quality differentiation and optimal pricing strategy in multi-sided markets	42
The sustainability factor in asset pricing: Empirical evidence from the Indian market	41
The positive impact of investment subsidies on the economy with present-biased consumers	40
Risk assessment of equity-based conventional and islamic stock portfolios	39
Managerial risk aversion and corporate risk-taking	38
Examining the impact of natural gas price volatility on Euro zone inflation expectations	37
Do geopolitical risks and global market factors influence the dynamic dependence among regional sustainable investments and major commodities?	37
Access-for-all to financial services: Non-resources tax revenue-harnessing opportunities in developing countries	35
Capital requirements and banks performance under Basel-III: A comparative analysis of Australian and British banks	35

Decomposition of non-performing loans dynamics into a debt-servicing capacity and a risk taking indicators	35
Navigating the storm: Time-frequency quantile dependence and non-linear causality between crypto-currency market volatility and financial instability	34
Moderating role of ESG disclosures and its impact on firm financial performance	31
The decline in stock exchange listed firms	29
Market reactions to legal risk in banks: Evidence from the Swiss franc mortgage crisis in Poland	28
The equity premium and the disconnect between uncertainty and volatility: A global perspective	27
Editorial Board	27
Cross border flows, financial intermediation and interactions of policy rules in a small open economy	26
Optimal taxation, minimum wage constraint in a model of capital-skill complementarity	26
Applications of fixed effect models to managerial risk-taking incentives	26
(De)Centralized Debt Financing and Project Selection under imperfect Bank Competition	25
Systemic importance of Chinese financial institutions based on the QC-ISAM-ARMA temporal network with coupling	25
Time-frequency co-movement and cross-quantile connectedness of exchange rates: Evidence from ASEAN+3 Countries	24
Are bond markets and bank credits complementary or substitutable? Evidence based on the rule of law and countries’ legal origins	24
US foreign investments: Technology transfer, relative backwardness, and the productivity growth of host countries	24
Moderating effect of credit growth for financial development on economic growth: Considering banking crises and endogeneity	24
Trade liberalization, destination-specific export expansion and product quality upgrading: New evidence from export quota removal of textile and clothing industries in China	23
Dissecting performance gains from export-induced marketing and technological investments: Revisiting learning by exporting in Indian manufacturing	23
Firm-level business uncertainty and the predictability of the aggregate U.S. stock market volatility during the COVID-19 pandemic	23
Sentiment, uncertainty, and bond return predictability	22
Tax clientele and share repurchase execution	21
The forward premium anomaly and the currency carry trade hypothesis	21
Do influencers pay? Evidence from the Internet celebrity economy in China	20
Editorial Board	20
Asymmetric effects of oil price shocks on the demand for money in Algeria	20
Genetic diversity and income inequality: The case for Y-chromosome DNA diversity	20
Does profitability explain the low-risk anomaly in India?	20
Frequency domain quantile dependence and connectedness between crude oil and exchange rates: Evidence from oil-importing and exporting countries	19
Forecasting intraday volatility and densities using deep learning	19
Mean--variance portfolio selection problem: Asset reduction via nondominated sorting	19
The relationship between investment determinants and environmental sustainability: Evidence through meta-analysis	19
Gender differences and time allocation: A comparative analysis of Egypt and Tunisia	19
Executive and non-executive employee ownership and bank risk: Evidence from European banks	18
The COVID-19 pandemic and the degree of persistence of US stock prices and bond yields	18
A local volatility correction to mean-reverting stochastic volatility model for pricing derivatives	18
The sum of all SCARES COVID-19 sentiment and asset return	18
Bank geographic diversification and market competition	18
Corporate diversification, financial flexibility and firm performance during the Covid-19 pandemic	17
Do ESG disclosures mitigate investors’ reaction on mining disasters? Evidence from Brazil	17
Social pension insurance and household risky asset investment: Evidence from China	17
Corporate venture capital and CEO risk incentives: Evidence from venture capital-backed initial public offerings	17
Nationalization of the private sector labor force, quotas, matching and public jobs, an illustration with Saudi Arabia	17
Oil price shocks and stock market bubble-risk indicators	17
Capital requirements and banks’ behavior: Evidence from bank stress tests	16
Are dividend changes exploited in the equity market?	16
On the time-varying responses of Fintech stock returns to geopolitical, financial and market sentiment shocks	16
Geopolitical risks and tourism stocks: New evidence from causality-in-quantile approach	16
Signaling through tests	16
A new measure of fund window dressing and its application to Chinese mutual fund market	16
Editorial Board	16

Trading activity and fund performance - Evidence from corporate bond mutual funds	15
Credit booms and crisis-emergent asset comovement: The problem of latent correlation	15
Shaken, stirred and indebted: Firm-level effects of earthquakes	15
Macro-prudential policy, its alignment with monetary policy and house price growth: A cross-country study	15
Does monetary policy favor the skilled? − Distributional role of monetary policy	15
Party direct control and corporate fraud: Evidence from China	14
Buy-sell imbalances on and around round numbers in cryptocurrencies	14
The effect of the evergrande bankruptcy on Chinese real estate listed firms	14
The windfall-income donation norm	14
Asymmetric nexus between shadow economy and financial instability: Does institutional quality matter?	14
Predicting abnormal capital flow episodes with machine learning methods	14
Hedging uncertainty: Bitcoin's asymmetric diversification benefits in factor-based portfolios	13
Do emerging stock markets offer an illiquidity premium for local or global investors?	13
Family ties and firm performance empirical evidence from East Asia	13
In search of hedges and safe havens during the COVID─19 pandemic: Gold versus Bitcoin, oil, and oil uncertainty	13
Robbing a robber is not robbing	13
Who needs cash? Digital finance and income inequality	13
Price of greenness: Classifications and green bond premiums	12
Political patronage and banks’ leverage in the Middle Eastern and North African region: A new neural panel regression analysis	12
Forecasting intraday risk incorporating the higher-order moments	12
Unveiling dynamics: Financial performance determinants in the Ghanaian insurance industry	12
Do geopolitical risk, economic policy uncertainty, and oil implied volatility drive assets across quantiles and time-horizons?	12
How does credit information sharing shape bank loans?	12
Recessions and flattening of the yield curve (1960–2021): A two-way road under a regime switching approach	12
Short- and long-term effects of ESG pillars on credit risk	12
Uncertainty and gender inequality: A global investigation	12
Revisiting the nexus between house pricing and money demand: Power spectrum and wavelet coherence based approach	12
Duration of membership in the world trade organization and investment-oriented remittances inflows	12
Credit constraints and spillover effects of financial market liberalization: Case of Colombia	12
How does central bank transparency affect systemic risk? Evidence from developed and developing countries	12
Information disclosure and bidding structure: Evidence from the London bus market	12
Asymmetric cyclical connectedness on the commodity markets: Further insights from bull and bear markets	12
The performance of bidding companies in merger and acquisition deals: An empirical study of domestic acquisitions in Hong Kong and Mainland China	11
Asset redeployability and dividend payout policy	11
Political connections, investment inefficiency, and the Indian banking crisis	11
Conventional and unconventional shadow rates and the US state-level stock returns: Evidence from non-stationary heterogeneous panels	11
Financial inclusion and income distribution revisited: New findings	11
Decomposing the yield curve with linear regressions and survey information	11
The bank lending channel of monetary policy transmission in South Africa	11
NFTs versus conventional cryptocurrencies: A comparative analysis of market efficiency around COVID-19 and the Russia-Ukraine conflict	11
Financial contagion dynamics from the US to the PIIGS amidst the global financial crisis	11
Optimal inflation rate and fair wage	11
Customer concentration, managerial risk aversion, and hostile takeover threats	11
Persistence and long run co-movements across stock market prices	11
Competition, ratings shopping, and yield spread: Evidence from China’s enterprise bond market	10
The role of international currency spillovers in shaping exchange rate dynamics in Latin America	10
Hedging demand and near-zero swap spreads: Evidence from the Chinese interest rate swap market	10
Do more harm than good? The optional reverse charge mechanism against cross-border tax fraud	10
On the benefits of active stock selection strategies for diversified investors	10
Narrow stablecoins: Redemption, runs, and risk	10
The effects of countercyclical leverage buffers on macroeconomic and financial stability	9
Make or buy for public services: Culture matters for efficiency considerations	9
Impact of a new regulatory policy on thematic and monthly distribution funds in Japan	9
Green bonds: A demographic study of Retail Investors in India	9
Import penetration and workplace safety	9
Democratic governance and equity valuations	9
Sentiment-return relation and stock price synchronicity: Firm-level versus market-level sentiment	9
Nexus of Corporate Social Responsibility Expenditure (CSR) and financial performance: Indian banks	9
When are busy boards beneficial?	9
Pathways to self-sufficiency in the microfinance ecosystem	9
The transmission of targeted monetary policy to bank credit supply	9
Markowitz portfolios under transaction costs	8
Time-varying dependence of Bitcoin	8
Natural disasters and bank liquidity creation in Sub-Saharan African countries: Evidence from banks panel data	8
Money demand function with time-varying coefficients	8
Seasonal patterns of earnings releases and post-earnings announcement drift	8
Oil shocks and investor attention	8
Asymmetry in inflation persistence under inflation targeting	8
Does CEO general managerial ability matter in M&A voting?	8
Customer concentration, managerial risk aversion, and independent directors: A quasi-natural experiment	8
Energy-related uncertainty and international stock market volatility	7
Exchange rate driven balance sheet effect and capital flows to emerging market economies	7
Does AI contribute to systemic risk reduction in non-financial corporations?	7
Editorial Board	7
Dynamic dependence and causality between crude oil, green bonds, commodities, geopolitical risks, and policy uncertainty	7
Disclosure in corporate pension plans using a regression discontinuity design	7
Informality, rule-of-thumb consumers, and the effectiveness of monetary policy in emerging economies	7
Banking efficiency, ownership types, and operations: A quasi-natural experiment of conventional and Islamic banks	7
The asymmetric impact of oil price shocks on China stock market: Evidence from quantile-on-quantile regression	7
The role of the central bank in managing expectations, backing up public debt, and controlling public deficits	7

Housing purchase restriction and corporate employment: Evidence from China	7
Exploring financial and governance drivers of environmental noncompliance	7
Meet-or-beat streak heterogeneity and equity prices	6
Local government responses to procurement centralization: Evidence from Italy	6
The macroeconomic stabilisation and welfare implications of alternative strategic and fiscal regimes in a monetary union	6
Financial trading versus entrepreneurship: Competition for talent and negative feedback effects	6
On-chain flows, off-chain volatility: Tokenized real assets in financial markets	6
The impact of (social) anchors on Prospect Theory’s value function	6
Can corporate social performance mitigate the risk of extreme stock returns?	6
Language barriers, corporate site visit, and analyst forecast accuracy	6
Do economic uncertainty and persistence in housing prices matter on mortgage insurance?	6
Barrier option pricing under a Markov Regime switching diffusion model	6
Editorial Board	6
Uncertainty in long-term macroeconomic forecasts: Ex post evaluation of forecasts by economics researchers	6
Taxation and corporate investment efficiency in common prosperity	6
Cui bono? Large-scale evidence on the impact of COVID-19 policy measures on listed firms	6
Satiation, habit formation, and other temporal anomalies: Extending the choice theory to multiple neighborhoods of time	6
Do natural resources determine energy consumption in Pakistan? The importance of quantile asymmetries	6
Cloning mutual fund returns	6
The impact of perceived uncertainty on corporate financial asset allocation: Evidence from China	6
The value of international standards certification: Evidence on export and firm performance from a security enforcement on borders	6
Credit ratings and corporate ESG behavior	6
The mediating effect of institutional governance on banking depth and economic performance	5
Control contestability, large shareholder identity, and corporate risk-taking: International evidence	5
Editorial Board	5
Heterogeneity and time-varying efficiency in the Ecuadorian banking sector. An output distance stochastic frontier approach	5
Gold, silver, and the US dollar as harbingers of financial calm and distress	5
From the Fringe to the front-stage. European immigration and the Far-Right vote: An IV approach	5
Does e-procurement matter for economic growth? Subnational evidence from Australia	5
The impact of corporate debt maturity dispersion on corporate credit spreads: Evidence from China	5
Does fiscal sentiment matter for sovereign risk?	5
Heterogeneous shareholders, equity incentives and earnings quality: Evidence from China’s mixed-ownership reforms	5
Bank homogeneity and risk-taking: Evidence from China	5
Language as a trade barrier in public procurement: Evidence from Georgia's policies on English language documentation	5
Independent institution or cooperative institution? China’s deposit insurance institution model and the Honey Badger Algorithm	5
Market reactions to the Basel reforms: Implications for shareholders, creditors, and taxpayers	5
Editorial Board	5
Does import competition from China discipline overconfident CEOs in U.S. firms?	5
Shades of social mobility: Colorism, ethnic origin and intergenerational social mobility	5
Monetary policy with non-Ricardian households	5
Political connections of executives and directors: Relevant facts to understand the impact of politicians on firm valuation	5
On the predictive ability of conditional market skewness	5
Dynamic spillovers in higher moments and jumps across ETFs and economic and financial uncertainty factors in the context of successive shocks	5
Money, output, and prices: 1967-2022	5
An empirical nexus between exchange rate and China's outward foreign direct investment: Implications for Pakistan under the China Pakistan economic corridor project	5
Pandemic, inequality and public health: A quantitative analysis	5
Attention-driven reaction to extreme earnings surprises	4
Debtholder responses to controlling shareholders’ share pledging	4
Predicting carbon futures volatility: New evidence based on topological features of crude oil, natural gas and climate risk indicators	4
Discrimination and subjective player ratings: Evidence from China	4
Systemic risk and financial networks	4
Directional predictability and time-frequency spillovers among clean energy sectors and oil price uncertainty	4
Timing commonality in stock market misvaluation – Evidence from hedge funds	4
Extreme frequency connectedness, determinants and portfolio analysis of major cryptocurrencies: Insights from quantile time-frequency approach	4
Optimal fiscal policy in incomplete market business cycle economies	4
The economic effects of fiscal policy: Further evidence for Spain	4
The impact of political freedoms on cross-border M&A abandonment likelihood	4
Economic policy uncertainty as an indicator of abrupt movements in the US stock market	4
Editorial Board	4
Editorial Board	4
Does informatization improve firms’ export performance? A quasi-natural experiment based on the “Pilot zones for the integration of informatization and industrialization” in China	4
Commodity futures markets under stress and stress-free periods: Further insights from a quantile connectedness approach	4
Informational efficiency and GICS classification: Evidence from REITs	4
Local environmental organizations and employee directors on the board	4
The impact of wildfires on US insurance firms: Evidence for the costliest wildfire in California	4
Beyond financial wealth: The experienced utility of collectibles	4
The effectiveness of board independence in high-discretion firms	4
Stock price informativeness of risk disclosure: Does time orientation matter?	4
Testing the neo-fisherian hypothesis in Brazil	4
Testing monetary neutrality with respect to relative price of oil using divisia	4
Vulnerable options with regime switching and stochastic liquidity	4
Dissecting value-growth strategies conditioned on expectation errors	4
Information disclosure strategies and bank interest rates pricing decisions	4
Do prudential regulations affect banking inclusion?	4
Bank lending channel under high policy rate volatility: Evidence from Türkiye	4
Do environmental courts break collusion in environmental governance? Evidence from corporate green innovation in China	4
Do financial technology and financial development lessen shadow economy? Evidence from BRICST economies using heterogenous bootstrap panel causality	4
Does soft shareholder activism hold hard consequences?	4
Does peers’ valuation matter? Evidence from corporate cash holdings	4
Dynamics of asymmetric connectedness among magnificent seven technology giants: Insights from QVAR analysis	4
A novel credit model risk measure: Do more data lead to lower model risk?	4
Tug of war with noise traders? Evidence from the G7 stock markets	4
Antitrust regulation, innovation and industry dynamics	4
Volatility spillovers and other dynamics between cryptocurrencies and the energy and bond markets	3
Post-IPO venture capital and corporate labor investment: Evidence from China	3
Do Muslim economies need insurance to grow? Answer from rigorous empirical evidence	3
Pricing and mispricing of accounting fundamentals: Global evidence	3
The more you know, the better: A Heckman repeat-sales price index	3
How does carbon regulatory policy affect debt financing costs? Empirical evidence from China	3
Extension of marginal conditional stochastic dominance to prospect and Markowitz stochastic dominance rules	3
Quantile volatility connectedness among themes and sectors: Novel evidence from China	3
Regime switching and the responsiveness of prices to supply: The case of the Irish housing market	3
Does ESG disclosure really influence the firm performance? Evidence from India	3
The long run effects of military service on localities: Evidence from 9/11 attacks	3
Mortgage risk and bank runs	3