Journal of Financial Stability

Papers
(The median citation count of Journal of Financial Stability is 3. The table below lists those papers that are above that threshold based on CrossRef citation counts [max. 250 papers]. The publications cover those that have been published in the past four years, i.e., from 2021-06-01 to 2025-06-01.)
ArticleCitations
Editorial Board282
Lender individualism and monitoring: Evidence from syndicated loans229
CAFR 1999–2021, the past two decades and a look ahead165
Does headquarters location matter in corporate tax avoidance?146
The ECB’s APP’s impact on non-financial firms’ cost of borrowing and debt choice139
Monetary policy uncertainty and corporate cash holdings: Evidence from China139
Bank credit risk and macro-prudential policies: Role of counter-cyclical capital buffer119
Dating housing booms fueled by credit: A Markov switching approach102
Regional bank failures and volatility transmission102
The impact of country- and firm-level governance on capital allocation efficiency: New evidence from India96
The impact of gender diversity on shareholder wealth: Evidence from European bank M&A78
Stock price crash risk and firms’ operating leverage71
Zero-risk weights and capital misallocation69
The sale of failed banks: The importance of their branch networks and of the acquirers’ financial strength68
Too big to fail? Asymmetric effects of quantitative easing67
Does lending relationship help or alleviate the transmission of liquidity shocks? Evidence from a liquidity crunch in China60
Bank competition and credit risk: The case of Peru59
The pass-through of bank capital requirements to corporate lending spreads59
Bank resolution mechanisms revisited: Towards a new era of restructuring58
The contribution of (shadow) banks and real estate to systemic risk in China57
Euro area banking and monetary policy shocks in the QE era55
Economic uncertainty and bank stability: Conventional vs. Islamic banking50
Two decades of contagion effect on stock markets: Which events are more contagious?45
How organizational and geographic complexity influence performance: Evidence from European banks41
Digital payments and bank competition40
Ownership and bank efficiency in Africa: True fixed effects stochastic frontier analysis40
Economic policy uncertainty and cross-border mergers and acquisitions40
Sovereign portfolio composition and bank risk: The case of European banks40
Editorial Board39
Editorial Board39
Lending standards and output growth37
The demand for central clearing: To clear or not to clear, that is the question!35
ESG investing: A chance to reduce systemic risk34
“Thank me later”: Why is (macro)prudence desirable?34
Deposit insurance and market discipline33
Sudden yield reversals and financial intermediation in emerging markets32
Editorial Board32
Effectiveness of FX intervention and the flimsiness of exchange rate expectations29
Bubbles, banking and monetary policy28
Asset class liquidity risk indicators. Timing the risk in the European and US equity and bond markets27
Ancestors and corporate performance: Evidence from the Italian Mass Migration27
Stock liquidity and corporate climate performance: evidence from China26
Release of a liquidity regulation: What do we learn for credit and house prices?26
Assessing the systemic risk impact of bank bail-ins26
The spillover effect of constituency statutes along supply chains: Evidence from supplier commitment25
The going-public decision and firm risk25
Connected banks and economic policy uncertainty25
The impact of CBDC on a deposit-dependent banking system23
Bank opacity, systemic risk and financial stability22
Low-carbon city initiatives and firm risk: A quasi-natural experiment in China21
Shock amplification in an interconnected financial system of banks and investment funds21
Financial stability through the lens of complex systems21
Bank runs, prudential tools and social welfare in a global game general equilibrium model20
The implications of dependence, tail dependence, and bounds’ measures for counterparty credit risk pricing20
Supervisory shocks to banks' credit standards and their macroeconomic impact20
Distance lending & social connectedness19
Bridging the information gap: How digitalization shapes stock price informativeness18
The power of sentiment: Irrational beliefs of households and consumer loan dynamics18
From banking integration to housing market integration - Evidence from the comovement of U.S. Metropolitan House Prices17
Climate risks and financial stability: Evidence from the European financial system16
Common ownership and bank stability: Evidence from the U.S. banking industry16
New insights into bank asset securitization: The impact of religiosity16
Bank diversity and financial contagion16
Editorial Board16
In Memoriam Dr. Chris Tsoumas (25 December 1964-1 April 2021)16
Sovereign risk spillovers: A network approach15
Do sovereign-bond issuers learn from peers?15
High water, no marks? Biased lending after extreme weather15
Decentralization illusion in Decentralized Finance: Evidence from tokenized voting in MakerDAO polls15
International transmission of monetary policy shocks and the bank lending channel: Evidence from Australia15
Political uncertainty and analysts’ forecasts: International evidence14
Market reaction to the expected loss model in banks14
Editorial Board14
Early warning systems using dynamic factor models: An application to Asian economies14
Editorial Board14
Investor information and bank instability during the European debt crisis13
When banks become pure creditors: The effects of declining shareholding by Japanese banks on bank lending and firms’ risk-taking13
Hierarchical contagions in the interdependent financial network13
The paradox of macroprudential policy and sovereign risk13
Liquidity risk and bank performance during financial crises13
Sowing the seeds of financial imbalances: The role of macroeconomic performance13
Uncertainty of uncertainty and firm cash holdings13
In Memoriam - Phil Molyneux12
Reinforcement learning policy recommendation for interbank network stability12
Macroprudential policy in central banks: Integrated or separate? Survey among academics and central bankers12
Investor flows, performance, and fragility of U.S. municipal bond mutual funds12
A Bayesian approach for more reliable tail risk forecasts12
When bad news is good news: Geopolitical risk and the cross-section of emerging market stock returns12
Bank runs and media freedom: What you don’t know won’t hurt you?12
Climate change exposure, financial development, and the cost of debt: Evidence from EU countries12
High liquidity creation and bank failures12
Surety bonds and moral hazard in banking11
Stock repurchasing and corporate social responsibility11
A perfect storm in the financial market11
Risk spillovers and interconnectedness between systemically important institutions10
An integrated macroprudential stress test of bank liquidity and solvency10
The impact of policy uncertainty on shareholder wealth: Evidence from bank M&A10
Investment deregulation and innovation performance of Chinese private firms10
Double leverage cycle, interest rate, and financial crisis10
Over with carbon? Investors’ reaction to the Paris Agreement and the US withdrawal10
Economic policy uncertainty and earnings management: Evidence from Japan10
It takes more than two to tango: Multiple bank lending, asset commonality and risk10
Poverty and seeking bank advice: Evidence from a survey experiment10
The role of loan loss provisions in income inequality: Evidence from a sample of banking institutions9
Firm-level political risk and distance-to-default9
ESG activity and bank lending during financial crises9
Bank regulations and surges and stops in credit: Panel evidence9
Spillovers in Europe: The role of ESG9
Climate policy uncertainty and bank systemic risk: A creative destruction perspective9
Interest rate pass-through and bank risk-taking under negative-rate policies with tiered remuneration of central bank reserves9
Macroeconomic stability or financial stability: How are capital controls used? Insights from a new database8
Money, privacy, anonymity: What do experiments tell us?8
Automatic versus manual investing: Role of past performance8
How can green differentiated capital requirements affect climate risks? A dynamic macrofinancial analysis8
Leadership vacuum and corporate investment8
Climate sentiments, transition risk, and financial stability in a stock-flow consistent model8
Banks, freedom, and political connections: New evidence from around the world8
Comparable but is it informative?Accounting information comparability and price synchronicity7
Blessing or curse? Government funding of deposit insurance and corporate lending7
Credit policy and its heterogeneous effects on green innovations7
Bank risk-taking in emerging economies: Empirical evidence and theory7
Low-carbon city initiatives and analyst behaviour: A quasi-natural experiment7
Addressing Spillovers from Prolonged U.S. Monetary Policy Easing7
Bank safety-oriented culture and lending decisions7
Cross country linkages and transmission of sovereign risk: Evidence from China’s credit default swaps7
Modelling fire sale contagion across banks and non-banks7
Loan guarantees in a crisis: An antidote to a credit crunch?7
Asset securitization, cross holdings, and systemic risk in banking7
Political connections and zombie firms: The role of the 2008 stimulus plan in China7
Corporate social responsibility misconduct and formation of board interlocks7
What charge-off rates are predictable by macroeconomic latent factors?7
Banking and macro risks7
Firm-level political risk and stock price crashes7
Does climate risk influence analyst forecast accuracy?7
Risk shifting and regulatory arbitrage: Evidence from operational risk6
An investigation into feedback and spatial relationships between banks’ share prices and sovereign bond spreads during the euro crisis6
Easy cleanups or forbearing improvements: The effect of CEO tenure on successor’s performance6
Economic policy uncertainty and allocative distortions6
Bank capital regulation and risk after the Global Financial Crisis6
Bank solvency stress tests with fire sales6
Internationalization, foreign complexity and systemic risk: Evidence from European banks6
Leaving the darkness: The emergence of shadow banks6
International financial stress spillovers during times of unconventional monetary policy interventions6
Crises, lending and regulations6
Volatile safe-haven asset: Evidence from Bitcoin6
Doing good in periods of high uncertainty: Economic policy uncertainty, corporate social responsibility, and analyst forecast error6
A simple model of a central bank digital currency5
Banking research in the time of COVID-195
Am I riskier if I rescue my banks? Beyond the effects of bailouts5
Editorial Board5
The pricing of green bonds: Are financial institutions special?5
Editorial Board5
Climate risks and weather derivatives: A copula-based pricing model5
Editorial Board5
Liquidity and bank capital structure5
Why do banks target ROE?5
Climate change and financial systemic risk: Evidence from US banks and insurers5
The impact of CSR-engagement, board gender, and stock price synchronicity on female analyst stock coverage decisions5
Measuring the systemic importance of banks5
Milton Friedman on bailouts5
Distrust or speculation? The socioeconomic drivers of U.S. cryptocurrency investments5
Debt holder monitoring and implicit guarantees: Did the BRRD improve market discipline?5
Foreword from the European Commission5
Did the Basel Process of capital regulation enhance the resiliency of European banks?5
Sovereign credit spreads, banking fragility, and global factors4
Green-adjusted share prices: A comparison between standard investors and investors with green preferences4
Pricing climate-related risks in the bond market4
Customer concentration and corporate risk-taking4
Gender diversity in leadership: Empirical evidence on firm credit risk4
The eurozone: What is to be done to maintain macro and financial stability?4
COVID-19 as a stress test: Assessing the bank regulatory framework4
Irrelevant answers in customers’ earnings communication conferences and suppliers’ cash holdings4
Editorial Board4
Bank lending to fossil fuel firms4
Geopolitical risk and corporate maturity mismatch4
Employee lawsuits and business downsizing: Evidence from labor unions4
Isolating defensive corporate ESG effects: Evidence from purely domestic anti-COVID-19 measures4
The flight home effect during the COVID-19 pandemic: Evidence from syndicated loans4
Forecasting Stock Market Crashes via Machine Learning4
Do small bank deposits run more than large ones? Three event studies of contagion and financial inclusion4
Skin-in-the-game in ABS transactions: A critical review of policy options4
Digital currency and banking-sector stability4
Climate risk and financial stability in the network of banks and investment funds4
The performance of FDIC-identified community banks4
The dynamic effects of debtor bankruptcy on unsecured creditors' stock liquidity4
Price exuberance episodes in private real estate4
CFO social networks and corporation taxation4
Unobserved components model estimates of credit cycles: Tests and predictions4
Banking deregulation, macroeconomic dynamics and monetary policy4
Central bank digital currencies and financial stability in a modern monetary system4
The role of credit lines and multiple lending in financial contagion and systemic events4
Regulatory oversight and bank risk4
Social capital and dividend policies in US corporations4
A survival analysis of public guaranteed loans: Does financial intermediary matter?3
Does digital transformation enhance bank soundness? Evidence from Chinese commercial banks3
Optimal capital ratios for banks in the euro area3
Auditor certification and long-run performance of IPO stocks3
Three green financial policies to address climate risks3
Financial intermediation and the supply of liquidity3
Societal trust and corporate bankruptcy3
A note on regulatory responses to COVID-19 pandemic: Balancing banks’ solvency and contribution to recovery3
The macroeconomic costs of the bank tax3
Funding deposit insurance3
The drivers of cyber risk3
A dealer’s funding liquidity risk and its money market trades in the 2007/08 crisis3
Financial contracting as behavior towards risk: The corporate finance of business cycles3
Who consumes the credit union subsidies?3
Strategic alliances and shared auditors3
Economic uncertainty and corruption: Evidence from public and private firms3
Funding liquidity creation by banks3
Political spending, related voluntary disclosure, and the cost of public debt3
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