OOIR: Observatory of International Research

Papers

(The TQCC of Journal of Financial Stability is 9. 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 2022-01-01 to 2026-01-01.)

Article	Citations
CAFR 1999–2021, the past two decades and a look ahead	140
The impact of country- and firm-level governance on capital allocation efficiency: New evidence from India	116
The impact of gender diversity on shareholder wealth: Evidence from European bank M&A	95
Lender individualism and monitoring: Evidence from syndicated loans	85
Dating housing booms fueled by credit: A Markov switching approach	78
Does headquarters location matter in corporate tax avoidance?	77
The ECB’s APP’s impact on non-financial firms’ cost of borrowing and debt choice	77
Regional bank failures and volatility transmission	71
Monetary policy uncertainty and corporate cash holdings: Evidence from China	70
Bank credit risk and macro-prudential policies: Role of counter-cyclical capital buffer	58
Euro area banking and monetary policy shocks in the QE era	49
Too big to fail? Asymmetric effects of quantitative easing	48
The contribution of (shadow) banks and real estate to systemic risk in China	47
Does lending relationship help or alleviate the transmission of liquidity shocks? Evidence from a liquidity crunch in China	42
Bank competition and credit risk: The case of Peru	38
The sale of failed banks: The importance of their branch networks and of the acquirers’ financial strength	36
Zero-risk weights and capital misallocation	36
The pass-through of bank capital requirements to corporate lending spreads	35
Non-blockholder dissatisfaction and firm performance volatility: A groupthink perspective	34
Stock price crash risk and firms’ operating leverage	34
Bank resolution mechanisms revisited: Towards a new era of restructuring	34
The demand for central clearing: To clear or not to clear, that is the question!	30
Lending standards and output growth	29
Sovereign portfolio composition and bank risk: The case of European banks	29
Deposit insurance and market discipline	28

“Thank me later”: Why is (macro)prudence desirable?	27
Understanding central bank responses to geopolitical risks: Evidence from the Fed and ECB	27
Editorial Board	26
Editorial Board	24
Sudden yield reversals and financial intermediation in emerging markets	24
Risk shocks, due loans, and policy options: When less is more!	23
Digital payments and bank competition	23
Editorial Board	22
Asset class liquidity risk indicators. Timing the risk in the European and US equity and bond markets	22
Bubbles, banking and monetary policy	22
Effectiveness of FX intervention and the flimsiness of exchange rate expectations	21
Release of a liquidity regulation: What do we learn for credit and house prices?	21
Stock liquidity and corporate climate performance: evidence from China	21
Assessing the systemic risk impact of bank bail-ins	20
Ancestors and corporate performance: Evidence from the Italian Mass Migration	20
Modeling the procyclical impact of monetary policy on bank leverage: A stochastic macroprudential approach	20
The spillover effect of constituency statutes along supply chains: Evidence from supplier commitment	19
Financial stability through the lens of complex systems	19
Debt maturity, creditor rights, and capital allocation efficiency: Evidence from quasi-natural experiments in India	18
Shock amplification in an interconnected financial system of banks and investment funds	18
The regulatory dialectic in bank-sponsored money market funds	18
Dissecting capital flows: Do capital controls shield against foreign shocks?	17
The impact of CBDC on a deposit-dependent banking system	17
Bank runs, prudential tools and social welfare in a global game general equilibrium model	17
Bank opacity, systemic risk and financial stability	17
Bank diversity and financial contagion	16
Supervisory shocks to banks' credit standards and their macroeconomic impact	16
The power of sentiment: Irrational beliefs of households and consumer loan dynamics	16
Editorial Board	16
Distance lending & social connectedness	16
Climate risks and financial stability: Evidence from the European financial system	16
Rapid bank runs and delayed policy responses	16
The implications of dependence, tail dependence, and bounds’ measures for counterparty credit risk pricing	16
Bridging the information gap: How digitalization shapes stock price informativeness	16
Common ownership and bank stability: Evidence from the U.S. banking industry	15
In Memoriam Dr. Chris Tsoumas (25 December 1964-1 April 2021)	15
International transmission of monetary policy shocks and the bank lending channel: Evidence from Australia	14
Editorial Board	14
Political uncertainty and analysts’ forecasts: International evidence	14
Market reaction to the expected loss model in banks	14
Sovereign risk spillovers: A network approach	14
Editorial Board	14
The paradox of macroprudential policy and sovereign risk	13
Early warning systems using dynamic factor models: An application to Asian economies	13
Hierarchical contagions in the interdependent financial network	12
Do sovereign-bond issuers learn from peers?	12
A Bayesian approach for more reliable tail risk forecasts	12
Systemic risk and oil price volatility shocks	12
When banks become pure creditors: The effects of declining shareholding by Japanese banks on bank lending and firms’ risk-taking	12
Investor flows, performance, and fragility of U.S. municipal bond mutual funds	12

Sowing the seeds of financial imbalances: The role of macroeconomic performance	12
Decentralization illusion in Decentralized Finance: Evidence from tokenized voting in MakerDAO polls	12
Designing credit-spread driven macroprudential rules	12
Investor information and bank instability during the European debt crisis	11
Bank runs and media freedom: What you don’t know won’t hurt you?	11
Macroprudential policy in central banks: Integrated or separate? Survey among academics and central bankers	11
In Memoriam - Phil Molyneux	11
Reinforcement learning policy recommendation for interbank network stability	11
ESG performance and bond return volatility	10
A perfect storm in the financial market	10
Stock repurchasing and corporate social responsibility	10
Surety bonds and moral hazard in banking	10
An integrated macroprudential stress test of bank liquidity and solvency	10
When bad news is good news: Geopolitical risk and the cross-section of emerging market stock returns	10
Climate change exposure, financial development, and the cost of debt: Evidence from EU countries	10
Investment deregulation and innovation performance of Chinese private firms	9
Editorial Board	9
Poverty and seeking bank advice: Evidence from a survey experiment	9
Bank regulations and surges and stops in credit: Panel evidence	9
Risk spillovers and interconnectedness between systemically important institutions	9
Spillovers in Europe: The role of ESG	9
Macroeconomic stability or financial stability: How are capital controls used? Insights from a new database	9
The impact of policy uncertainty on shareholder wealth: Evidence from bank M&A	9
Double leverage cycle, interest rate, and financial crisis	9
Firm-level political risk and distance-to-default	9