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 2021-11-01 to 2025-11-01.)

Article	Citations
The ECB’s APP’s impact on non-financial firms’ cost of borrowing and debt choice	131
CAFR 1999–2021, the past two decades and a look ahead	109
Bank credit risk and macro-prudential policies: Role of counter-cyclical capital buffer	106
Dating housing booms fueled by credit: A Markov switching approach	89
The impact of country- and firm-level governance on capital allocation efficiency: New evidence from India	79
Regional bank failures and volatility transmission	75
Editorial Board	72
Does headquarters location matter in corporate tax avoidance?	70
Lender individualism and monitoring: Evidence from syndicated loans	67
The impact of gender diversity on shareholder wealth: Evidence from European bank M&A	63
Monetary policy uncertainty and corporate cash holdings: Evidence from China	49
The sale of failed banks: The importance of their branch networks and of the acquirers’ financial strength	44
Zero-risk weights and capital misallocation	44
Non-blockholder dissatisfaction and firm performance volatility: A groupthink perspective	44
The contribution of (shadow) banks and real estate to systemic risk in China	42
Bank resolution mechanisms revisited: Towards a new era of restructuring	40
Bank competition and credit risk: The case of Peru	35
Euro area banking and monetary policy shocks in the QE era	34
The pass-through of bank capital requirements to corporate lending spreads	33
Does lending relationship help or alleviate the transmission of liquidity shocks? Evidence from a liquidity crunch in China	32
Stock price crash risk and firms’ operating leverage	31
The demand for central clearing: To clear or not to clear, that is the question!	28
Digital payments and bank competition	28
Too big to fail? Asymmetric effects of quantitative easing	28
Lending standards and output growth	27

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

Designing credit-spread driven macroprudential rules	11
Reinforcement learning policy recommendation for interbank network stability	11
Investor flows, performance, and fragility of U.S. municipal bond mutual funds	11
Sowing the seeds of financial imbalances: The role of macroeconomic performance	11
Bank runs and media freedom: What you don’t know won’t hurt you?	11
Climate change exposure, financial development, and the cost of debt: Evidence from EU countries	10
A Bayesian approach for more reliable tail risk forecasts	10
High liquidity creation and bank failures	10
Macroprudential policy in central banks: Integrated or separate? Survey among academics and central bankers	10
Investor information and bank instability during the European debt crisis	10
In Memoriam - Phil Molyneux	10
The impact of policy uncertainty on shareholder wealth: Evidence from bank M&A	9
Surety bonds and moral hazard in banking	9
Over with carbon? Investors’ reaction to the Paris Agreement and the US withdrawal	9
Stock repurchasing and corporate social responsibility	9
The role of loan loss provisions in income inequality: Evidence from a sample of banking institutions	9
A perfect storm in the financial market	9
Investment deregulation and innovation performance of Chinese private firms	9
When bad news is good news: Geopolitical risk and the cross-section of emerging market stock returns	9
Climate policy uncertainty and bank systemic risk: A creative destruction perspective	9
ESG performance and bond return volatility	9
Risk spillovers and interconnectedness between systemically important institutions	9
An integrated macroprudential stress test of bank liquidity and solvency	9