Quarterly Review of Economics and Finance

Article	Citations
Irregularities in forward-looking volatility	152
Rigidity in public contracts: Implications for renewal dynamics	104
The role of the COVID-19 pandemic in US market volatility: Evidence from the VIX index	75
Effects of credit and labor constraints on microenterprises and the unintended impact of changes in household endowments: Use of threshold estimation to detect heterogeneity	70
Readability of asset securitization reporting and bank holding company’s credit risk	69
FoMO in the Bitcoin market: Revisiting and factors	69
Trading strategies and the frequency of time-series	65
Quantifying endogenous and exogenous shocks to financial sector systemic risk: A comparison of GFC and COVID-19	60
ESG rating, rating divergence and investment efficiency: International evidence	52
Do board size, institutional ownership and external auditors matter to market discipline in Indonesian banking?	48
The positive impact of investment subsidies on the economy with present-biased consumers	45
News-based economic policy uncertainty and financial contagion: An international evidence	43
Capital requirements and banks performance under Basel-III: A comparative analysis of Australian and British banks	40
Moderating role of ESG disclosures and its impact on firm financial performance	39
Navigating the storm: Time-frequency quantile dependence and non-linear causality between crypto-currency market volatility and financial instability	38
The capital ratio and the interest rate spread: A panel threshold regression approach	37
Quality differentiation and optimal pricing strategy in multi-sided markets	37
Access-for-all to financial services: Non-resources tax revenue-harnessing opportunities in developing countries	36
Risk assessment of equity-based conventional and islamic stock portfolios	36
Decomposition of non-performing loans dynamics into a debt-servicing capacity and a risk taking indicators	34
The effect of financial distress on capital structure: The case of Brazilian banks	33
Term structure of equity risk premia in rough terrain: 150 years of the French stock market	33
Firm valuation with state dependent COD taxation	30
The sustainability factor in asset pricing: Empirical evidence from the Indian market	30
Permanent inequality versus earnings instability and transmission of income shocks to consumption expenditure in India	30

Do geopolitical risks and global market factors influence the dynamic dependence among regional sustainable investments and major commodities?	28
Time-frequency co-movement and cross-quantile connectedness of exchange rates: Evidence from ASEAN+3 Countries	28
The decline in stock exchange listed firms	27
Systemic importance of Chinese financial institutions based on the QC-ISAM-ARMA temporal network with coupling	25
Cross border flows, financial intermediation and interactions of policy rules in a small open economy	25
US foreign investments: Technology transfer, relative backwardness, and the productivity growth of host countries	24
Firm-level business uncertainty and the predictability of the aggregate U.S. stock market volatility during the COVID-19 pandemic	24
Editorial Board	24
Are bond markets and bank credits complementary or substitutable? Evidence based on the rule of law and countries’ legal origins	24
Applications of fixed effect models to managerial risk-taking incentives	24
Editorial Board	24
Dissecting performance gains from export-induced marketing and technological investments: Revisiting learning by exporting in Indian manufacturing	23
Editorial Board	22
The equity premium and the disconnect between uncertainty and volatility: A global perspective	22
Capital requirements and banks’ behavior: Evidence from bank stress tests	22
Genetic diversity and income inequality: The case for Y-chromosome DNA diversity	22
Optimal taxation, minimum wage constraint in a model of capital-skill complementarity	22
Tax clientele and share repurchase execution	20
Mean--variance portfolio selection problem: Asset reduction via nondominated sorting	20
A local volatility correction to mean-reverting stochastic volatility model for pricing derivatives	20
Social pension insurance and household risky asset investment: Evidence from China	19
Executive and non-executive employee ownership and bank risk: Evidence from European banks	19
A new measure of fund window dressing and its application to Chinese mutual fund market	19
Signaling through tests	18
Asymmetric effects of oil price shocks on the demand for money in Algeria	18
The forward premium anomaly and the currency carry trade hypothesis	18
The relationship between investment determinants and environmental sustainability: Evidence through meta-analysis	17
Do ESG disclosures mitigate investors’ reaction on mining disasters? Evidence from Brazil	17
Bank geographic diversification and market competition	17
The COVID-19 pandemic and the degree of persistence of US stock prices and bond yields	17
Gender differences and time allocation: A comparative analysis of Egypt and Tunisia	17
Effect of poverty on financial development: Does trade openness matter?	17
Do influencers pay? Evidence from the Internet celebrity economy in China	17
Frequency domain quantile dependence and connectedness between crude oil and exchange rates: Evidence from oil-importing and exporting countries	17
Nationalization of the private sector labor force, quotas, matching and public jobs, an illustration with Saudi Arabia	17
The sum of all SCARES COVID-19 sentiment and asset return	17
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
Editorial Board	15
Credit booms and crisis-emergent asset comovement: The problem of latent correlation	15
Are dividend changes exploited in the equity market?	15
Asymmetric nexus between shadow economy and financial instability: Does institutional quality matter?	14
Does monetary policy favor the skilled? − Distributional role of monetary policy	14
Analyzing the risks of an illiquid and global asset: The case of fine wine	14
Predicting abnormal capital flow episodes with machine learning methods	14
Shaken, stirred and indebted: Firm-level effects of earthquakes	14
Macro-prudential policy, its alignment with monetary policy and house price growth: A cross-country study	14
The effect of the evergrande bankruptcy on Chinese real estate listed firms	14
Share pledge transactions as an investor sentiment indicator - Evidence from China	14
Political patronage and banks’ leverage in the Middle Eastern and North African region: A new neural panel regression analysis	13

Party direct control and corporate fraud: Evidence from China	13
How does credit information sharing shape bank loans?	13
Unveiling dynamics: Financial performance determinants in the Ghanaian insurance industry	13
Hedging uncertainty: Bitcoin's asymmetric diversification benefits in factor-based portfolios	13
Robbing a robber is not robbing	13
In search of hedges and safe havens during the COVID─19 pandemic: Gold versus Bitcoin, oil, and oil uncertainty	13
Do foreign investors deter corporate fraud? Evidence from China	12
Segmentation, business environment and global informational efficiency of emerging financial markets	12
Deviating from full rationality but not from theoretical consistency: The behavior of inflation expectations in Brazil	12
Uncertainty and daily predictability of housing returns and volatility of the United States: Evidence from a higher-order nonparametric causality-in-quantiles test	12
How does central bank transparency affect systemic risk? Evidence from developed and developing countries	12
Do emerging stock markets offer an illiquidity premium for local or global investors?	12
Credit constraints and spillover effects of financial market liberalization: Case of Colombia	12
Recessions and flattening of the yield curve (1960–2021): A two-way road under a regime switching approach	12
Uncertainty and gender inequality: A global investigation	11
Duration of membership in the world trade organization and investment-oriented remittances inflows	11
Asymmetric cyclical connectedness on the commodity markets: Further insights from bull and bear markets	11
Revisiting the nexus between house pricing and money demand: Power spectrum and wavelet coherence based approach	11
Who needs cash? Digital finance and income inequality	11
Family ties and firm performance empirical evidence from East Asia	11
Do geopolitical risk, economic policy uncertainty, and oil implied volatility drive assets across quantiles and time-horizons?	11
Persistence and long run co-movements across stock market prices	10
Financial contagion dynamics from the US to the PIIGS amidst the global financial crisis	10
Financial inclusion and income distribution revisited: New findings	10
The role of international currency spillovers in shaping exchange rate dynamics in Latin America	10
Markowitz portfolios under transaction costs	10
Decomposing the yield curve with linear regressions and survey information	10
NFTs versus conventional cryptocurrencies: A comparative analysis of market efficiency around COVID-19 and the Russia-Ukraine conflict	10
Customer concentration, managerial risk aversion, and hostile takeover threats	10
Political connections, investment inefficiency, and the Indian banking crisis	10
On the benefits of active stock selection strategies for diversified investors	10
Conventional and unconventional shadow rates and the US state-level stock returns: Evidence from non-stationary heterogeneous panels	10
The performance of bidding companies in merger and acquisition deals: An empirical study of domestic acquisitions in Hong Kong and Mainland China	10
Asset redeployability and dividend payout policy	10
Do more harm than good? The optional reverse charge mechanism against cross-border tax fraud	10
Does Corporate Social Responsibility reporting improve financial performance? The moderating role of board diversity and gender composition	10
Import penetration and workplace safety	10
Optimal inflation rate and fair wage	10
Impact of a new regulatory policy on thematic and monthly distribution funds in Japan	9
Make or buy for public services: Culture matters for efficiency considerations	9
The transmission of targeted monetary policy to bank credit supply	9
Uncertainty matters in US financial information spillovers: Evidence from a directed acyclic graph approach	9
Green bonds: A demographic study of Retail Investors in India	9
Nexus of Corporate Social Responsibility Expenditure (CSR) and financial performance: Indian banks	9
When are busy boards beneficial?	9
Sentiment-return relation and stock price synchronicity: Firm-level versus market-level sentiment	9
Competition, ratings shopping, and yield spread: Evidence from China’s enterprise bond market	9
The association between financial market volatility and banking market structure	9
Hedging demand and near-zero swap spreads: Evidence from the Chinese interest rate swap market	9
Pathways to self-sufficiency in the microfinance ecosystem	9
The effects of countercyclical leverage buffers on macroeconomic and financial stability	9
Time-varying dependence of Bitcoin	9
Asymmetry in inflation persistence under inflation targeting	8
Natural disasters and bank liquidity creation in Sub-Saharan African countries: Evidence from banks panel data	8
Agriculture and inflation: Expected and unexpected shocks	8
Does CEO general managerial ability matter in M&A voting?	8
Oil shocks and investor attention	8
Political influence and banking performance: Evidence from the African countries	8
Does AI contribute to systemic risk reduction in non-financial corporations?	8
The asymmetric impact of oil price shocks on China stock market: Evidence from quantile-on-quantile regression	8
Customer concentration, managerial risk aversion, and independent directors: A quasi-natural experiment	8
Seasonal patterns of earnings releases and post-earnings announcement drift	8
Money demand function with time-varying coefficients	8
Energy-related uncertainty and international stock market volatility	8
Dynamic dependence and causality between crude oil, green bonds, commodities, geopolitical risks, and policy uncertainty	8
Do news sentiment and the economic uncertainty caused by public health events impact macroeconomic indicators? Evidence from a TVP-VAR decomposition approach	7
Disclosure in corporate pension plans using a regression discontinuity design	7
The Effect of Bilateral Investment Treaties (BITs) on the extensive and intensive margins of exports	7
Do natural resources determine energy consumption in Pakistan? The importance of quantile asymmetries	7
Banking efficiency, ownership types, and operations: A quasi-natural experiment of conventional and Islamic banks	7
Transnational spillover effects of European sovereign rating signals on bank stock returns	6
Foreign institutional ownership and the effectiveness of technical analysis	6
Do economic uncertainty and persistence in housing prices matter on mortgage insurance?	6
Satiation, habit formation, and other temporal anomalies: Extending the choice theory to multiple neighborhoods of time	6
Economic policy uncertainty and industry innovation: Cross country evidence	6
Barrier option pricing under a Markov Regime switching diffusion model	6
Cloning mutual fund returns	6
Language barriers, corporate site visit, and analyst forecast accuracy	6
Value-based pricing of a COVID-19 vaccine	6
Is it me or you? A deeper insight into profile of misreporting economies	6

Meet-or-beat streak heterogeneity and equity prices	6
Household debt and debt to income: The role of business ownership	6
Exchange rate driven balance sheet effect and capital flows to emerging market economies	6
Financial trading versus entrepreneurship: Competition for talent and negative feedback effects	6
The value of international standards certification: Evidence on export and firm performance from a security enforcement on borders	6
The stabilizing effect of the zero lower bound: A perspective of interest rate target zones	6
Informality, rule-of-thumb consumers, and the effectiveness of monetary policy in emerging economies	6
The macroeconomic stabilisation and welfare implications of alternative strategic and fiscal regimes in a monetary union	6
Local government responses to procurement centralization: Evidence from Italy	6
Monetary policy with non-Ricardian households	6
Cui bono? Large-scale evidence on the impact of COVID-19 policy measures on listed firms	6
Political risk and financial development in Nigeria: Can credit buy social peace?	6
Uncertainty in long-term macroeconomic forecasts: Ex post evaluation of forecasts by economics researchers	6
Dynamic spillovers in higher moments and jumps across ETFs and economic and financial uncertainty factors in the context of successive shocks	5
Stock price informativeness of risk disclosure: Does time orientation matter?	5
Political connections of executives and directors: Relevant facts to understand the impact of politicians on firm valuation	5
Access to the banking sector and employment in Africa	5
Can corporate social performance mitigate the risk of extreme stock returns?	5
Control contestability, large shareholder identity, and corporate risk-taking: International evidence	5
Credit ratings and corporate ESG behavior	5
Bank homogeneity and risk-taking: Evidence from China	5
The effectiveness of board independence in high-discretion firms	5
Taxation and corporate investment efficiency in common prosperity	5
On the predictive ability of conditional market skewness	5
Language as a trade barrier in public procurement: Evidence from Georgia's policies on English language documentation	5
Gold, silver, and the US dollar as harbingers of financial calm and distress	5
Can direct government intervention save the stock market?	5
Shades of social mobility: Colorism, ethnic origin and intergenerational social mobility	5
Does fiscal sentiment matter for sovereign risk?	5
Beyond financial wealth: The experienced utility of collectibles	5
Heterogeneity and time-varying efficiency in the Ecuadorian banking sector. An output distance stochastic frontier approach	5
Variation in option implied volatility spread and future stock returns	5
Independent institution or cooperative institution? China’s deposit insurance institution model and the Honey Badger Algorithm	5
Okun's law: Copula-based evidence from G7 countries	5
Editorial Board	5
The impact of (social) anchors on Prospect Theory’s value function	5
Testing the neo-fisherian hypothesis in Brazil	4
Money, output, and prices: 1967-2022	4
Does e-procurement matter for economic growth? Subnational evidence from Australia	4
Market reactions to the Basel reforms: Implications for shareholders, creditors, and taxpayers	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
Editorial Board	4
Commodity futures markets under stress and stress-free periods: Further insights from a quantile connectedness approach	4
Debtholder responses to controlling shareholders’ share pledging	4
Dynamics of asymmetric connectedness among magnificent seven technology giants: Insights from QVAR analysis	4
An empirical nexus between exchange rate and China's outward foreign direct investment: Implications for Pakistan under the China Pakistan economic corridor project	4
Does import competition from China discipline overconfident CEOs in U.S. firms?	4
Do environmental courts break collusion in environmental governance? Evidence from corporate green innovation in China	4
Revisiting the accuracy of standard VaR methods for risk assessment: Using the Copula–EVT multidimensional approach for stock markets in the MENA region	4
Local environmental organizations and employee directors on the board	4
Tug of war with noise traders? Evidence from the G7 stock markets	4
Directional predictability and time-frequency spillovers among clean energy sectors and oil price uncertainty	4
Extreme frequency connectedness, determinants and portfolio analysis of major cryptocurrencies: Insights from quantile time-frequency approach	4
Pandemic, inequality and public health: A quantitative analysis	4
From the Fringe to the front-stage. European immigration and the Far-Right vote: An IV approach	4
Drivers of Turkish inflation	4
Optimal fiscal policy in incomplete market business cycle economies	4
Discrimination and subjective player ratings: Evidence from China	4
Extreme risk spillovers among traditional financial and FinTech institutions: A complex network perspective	3
A pairs trading strategy based on mixed copulas	3
Venture capital and corporate financialization: Evidence from China	3
Testing monetary neutrality with respect to relative price of oil using divisia 3
The impact of political freedoms on cross-border M&A abandonment likelihood	3
Information disclosure strategies and bank interest rates pricing decisions	3
Antitrust regulation, innovation and industry dynamics	3
Dissecting value-growth strategies conditioned on expectation errors	3
The economic effects of fiscal policy: Further evidence for Spain	3
Informational efficiency and GICS classification: Evidence from REITs	3
A novel credit model risk measure: Do more data lead to lower model risk?	3
Asymmetric volatility structure of equity returns: Evidence from an emerging market	3
Oil, gold and international stock markets: Extreme spillovers, connectedness and its determinants	3
Mortgage risk and bank runs	3
Vulnerable options with regime switching and stochastic liquidity	3
Leverage, R&D expenditures, and accounting conservatism: Evidence from technology firms	3
The clinical and economic value of a successful shutdown during the SARS-CoV-2 pandemic in Germany	3
Economic policy uncertainty as an indicator of abrupt movements in the US stock market	3
Editorial Board	3
Editorial Board	3
Systemic risk and financial networks	3
Impact of Covid-19 on corporate solvency and possible policy responses in the EU	3
Does ESG disclosure really influence the firm performance? Evidence from India	3
Impact of customer loyalty and differing firm costs on price discrimination in an infinite horizon setting	3
Examining the effects of news and media sentiments on volatility and correlation: Evidence from the UK	3
Income inequality and house prices across US states	3
Asymmetric nexus between economic policy uncertainty and the Indian stock market: Evidence using NARDL approach	3
Dynamic inflation hedging performance and downside risk: A comparison between Islamic and conventional stock indices	3
Attention-driven reaction to extreme earnings surprises	3
Spillovers in Higher-Order Moments of Crude Oil, Gold, and Bitcoin	3
Cryptocurrency in context of fiat money functions	3
Will connectedness between urban areas foster cooperation?——The impact of urban agglomerations on open innovation	3
Bank insolvency risk, Z-score measures and unimodal returns: A refinement	3
Trust-formation processes in financial advisors: A structural equation model	3
Banks' off-balance sheet manipulations	2
The effect of basel III implementation on SME access to financing in emerging markets and developing economies	2