International Review of Economics & Finance

1992 - 2025

Current editor(s): H. Beladi and C. Chen

From Elsevier
Bibliographic data for series maintained by Catherine Liu ().

Access Statistics for this journal.
Is something missing from the series or not right? See the RePEc data check for the archive and series.

Volume 70, issue C, 2020

Formal credit and innovation: Is there a uniform relationship across types of innovation? pp. 1-15

Nirosha Wellalage and Stuart Locke

Pricing options on the maximum or minimum of multi-assets under jump-diffusion processes pp. 16-26

Xingchun Wang

Valuation of Asian options with default risk under GARCH models pp. 27-40

Xingchun Wang

How does international trade affect U.S. corporate investment? Evidence from the asset tangibility channel pp. 41-54

Qing L. Burke, Mengying Wang and Xiaolu Xu

Lender rationality and trade-off behavior: Evidence from Lending Club and Renrendai pp. 55-66

Congcong Wang and Lin Tong

Financial sector development and growth volatility: An international study pp. 67-88

Wen-Jun Xue

Pass-through of import cost into consumer prices and inflation in GCC countries: Evidence from a nonlinear autoregressive distributed lags model pp. 89-101

Mouyad Alsamara, Zouhair Mrabet and Abdulnasser Hatemi-J

Managerial ability, product market competition, and firm behavior pp. 102-116

Kenneth Yung and Trung Nguyen

Exchange rate predictability: A variable selection perspective pp. 117-134

Young Min Kim and Seojin Lee

Liquidity policies and financial fragility pp. 135-153

Danilo Lopomo Beteto Wegner

Precautionary risks for an open economy pp. 154-167

Alex Ferreira and Paulo Matos

Intraday price jumps, market liquidity, and the magnet effect of circuit breakers pp. 168-186

Zhihong Jian, Zhican Zhu, Jie Zhou and Shuai Wu

An empirical analysis of loan supply and demand in the euro area pp. 187-201

Alexander Jung

A general model for financial crises: An application to eurozone crisis pp. 202-229

Haluk Yener, Barış Soybilgen and Thanasis Stengos

Sustainable factor investing: Where doing well meets doing good pp. 230-256

John Hua Fan and Lachlan Michalski

FDI productivity spillovers and absorptive capacity in Brazilian firms: A threshold regression analysis pp. 257-272

Herick Fernando Moralles and Rosina Moreno

Investments under vertical relations and agency conflicts: A real options approach pp. 273-287

Dimitrios Zormpas

Assessing the impacts of financial stress index of developed countries on the exchange market pressure index of emerging countries pp. 288-302

Oguzhan Ozcelebi

125 ​Years of time-varying effects of fiscal policy on financial markets pp. 303-320

Hardik A. Marfatia, Rangan Gupta and Stephen Miller

Dynamics of variance risk premium: Evidence from India pp. 321-334

Ganesh Sankar, Shankar Ramachandran and Jijo Lukose P J

A quantization approach to the counterparty credit exposure estimation pp. 335-356

Michele Bonollo, Luca Di Persio and Immacolata Oliva

Employee-related corporate social responsibilities and corporate innovation: Evidence from China pp. 357-372

Baohua Liu, Pei-Yu Sun and Yongliang Zeng

The relationship of G-Index and convertible debt issuance in the presence of restrictive covenants pp. 373-390

Evrim Akdoğu, Aysun Alp Paukowits and Ugur Celikyurt

Do Investors Need Kink to Cope with Ambiguity? pp. 391-397

Takashi Nishiwaki

Role of energy finance in geothermal power development in Japan pp. 398-412

Farhad Taghizadeh-Hesary, Aline Mortha, Hadi Farabi-Asl, Tapan Sarker, Andrew Chapman, Yosuke Shigetomi and Timothy Fraser

Innovation dynamics -what are the housing market uncertainty’s impacts pp. 413-422

Dongyang Zhang

Do cross-border mergers and acquisitions affect acquirers’ trade credit? Evidence from an emerging market pp. 423-439

Ying Li, Yue Han and Robert C.W. Fok

Can machine learning paradigm improve attribute noise problem in credit risk classification? pp. 440-455

Lean Yu, Xiaowen Huang and Hang Yin

Stock market liquidity, funding liquidity, financial crises and quantitative easing pp. 456-478

Ajay Kumar Mishra, Bhavik Parikh and Ronald W. Spahr

Does asset redeployability affect corporate investment and equity value? pp. 479-492

Yuen Rong, Cunzhi Tian, Lifang Li and Xinwei Zheng

Banking Network Multiplier effects on cross-border bank inflows pp. 493-507

Shugo Yamamoto

CEO inside debt holdings and CSR activities pp. 508-529

Taeyeon Kim, Hyun-Dong Kim and Kwangwoo Park

Are idiosyncratic risk and extreme positive return priced in the Indian equity market? pp. 530-545

Syed Riaz Mahmood Ali, Mohammad Nurul Hasan and Ralf Östermark

The comparative and interactive effects of political, academic and financial directors pp. 546-565

Yu Liu

Measuring the effectiveness of volatility auctions pp. 566-581

Carlos Castro, Diego A. Agudelo and Sergio Preciado

Mitigating free riding in social networks: The impact of underestimating others’ ability in financial market pp. 582-599

Jing Ding, Libing Fang and Shi Chen

Stock market uncertainty, volatility connectedness of financial institutions, and stock-bond return correlations pp. 600-621

Chih-Hsiang Hsu, Hsiu-Chuan Lee and Donald Lien

Endogenous capital supply and equilibrium leadership in tax competition pp. 622-634

Keisuke Kawachi, Hikaru Ogawa and Taiki Susa

Choosing the weighting coefficients for estimating the term structure from sovereign bonds pp. 635-648

Victor Lapshin and Sofia Sohatskaya

The exchange rate and export variety: A cross-country analysis with long panel estimators pp. 649-665

Daniel Goya

Volume 69, issue C, 2020

Does confidence matter for economic growth? An analysis from the perspective of policy effectiveness pp. 1-19

Yumei Guo and Shan He

Oil price shocks and Chinese economy revisited: New evidence from SVAR model with sign restrictions pp. 20-32

Donghui Liu, Lingjie Meng and Yudong Wang

Patent growth and the long-run performance of VC-backed IPOs pp. 33-47

Yeqing Zhang and Xueyong Zhang

Intraday sentiment and market returns pp. 48-62

Bin Gao and Xihua Liu

Research on the time-varying network structure evolution of the stock indices of the BRICS countries based on fluctuation correlation pp. 63-74

Zhiliang Dong, Haizhong An, Sen Liu, Zhengyang Li and Meng Yuan

Cash-in-advance, export decision and financial constraints: Evidence from cross-country firm-level data pp. 75-92

Thang Doan, Thi Kim Chi Vu, Thi Cam Thuy Nguyen, Thi Hong Hai Nguyen and Kieu Trang Nguyen

How do stocks in BRICS co-move with real estate stocks? pp. 93-101

Luis Gil-Alana, Olaoluwa Yaya, Omokolade Akinsomi and Yener Coskun

The marginal propensity to insure: An international analysis pp. 102-109

Cheng Yuan and Yu Jiang

Alternative explanation of the money illusion: The effect of unexpected low inflation pp. 110-123

I-Chun Tsai

The EHTS and the persistence in the spread reconsidered. A fractional cointegration approach pp. 124-137

José Carlos Vides, Antonio Golpe and Jesús Iglesias

A survey on the magnet effect of circuit breakers in financial markets pp. 138-151

Imtiaz Mohammad Sifat and Azhar Mohamad

Debt externality in equity markets: Leveraged portfolios and Islamic indices pp. 152-177

Salman Khan and Saad Azmat

Exchange rate pass-through & management of inflation expectations in a small open inflation targeting economy pp. 178-188

Muhammad Ali Nasir, Toan Luu Duc Huynh and Xuan Vinh Vo

Co-movement across european stock and real estate markets pp. 189-208

Bana Abuzayed, Nedal Al-Fayoumi and Elie Bouri

Targeted reduction in reserve requirement ratio and optimal monetary policy in China pp. 209-230

Xiaoyun Wei and Liyan Han

Governance quality, bank price synchronicity and political uncertainty pp. 231-262

Anh-Tuan Doan, Thu Phan and Kun-Li Lin

Are better-governed firms more innovative? Evidence from Korea pp. 263-279

Paul Moon Sub Choi, Chune Young Chung, Xuan Vinh Vo and Kainan Wang

Revisiting oil-stock nexus during COVID-19 pandemic: Some preliminary results pp. 280-294

Afees Salisu, Godday Ebuh and Nuruddeen Usman

Using utilitarian and Rawlsian policies to attract the creative class: A tale of two cities pp. 295-300

Amitrajeet Batabyal and Seung Jick Yoo

Global accounting standards, financial statement comparability, and the cost of capital pp. 301-318

Yong Huang and Chao Yan

Does employer learning with statistical discrimination exist in China? Evidence from Chinese Micro Survey Data pp. 319-333

Jun Wang and Bo Li

Liquidity, covered interest rate parity, and zero lower bound in Japan’s foreign exchange markets pp. 334-349

W.D. Chen

Does catering behavior persist? Evidence on dividend sentiment in emerging financial markets pp. 350-373

Mona Elbannan

The asymmetric spillover effect of the Markov switching mechanism from the futures market to the spot market pp. 374-388

Kuang-Liang Chang and Chingnun Lee

A bibliometric review of takaful literature pp. 389-405

Ashraf Khan, M. Kabir Hassan, Andrea Paltrinieri, Alberto Dreassi and Salman Bahoo

A sentiment index to measure sovereign risk using Google data pp. 406-418

Marcos González-Fernández and Carmen González-Velasco

The relationship between currency crises and capital flow reversals: An empirical examination pp. 419-434

Hassan Almahmood, Graham Bird and Thomas D. Willett

Marketization vs. market chase: Insights from implicit government guarantees pp. 435-455

Xiaoqian Zhang and Zhiwei Wang

Dynamic network DEA and SFA models for accounting and financial indicators with an analysis of super-efficiency in stochastic frontiers: An efficiency comparison in OECD banking pp. 456-468

Peter Wanke, Mike Tsionas, Zhongfei Chen and Jorge Junio Moreira Antunes

Institutional and foreign ownership vis-à-vis default risk: Evidence from Japanese firms pp. 469-493

Md Nurul Kabir, Mohammad Dulal Miah, Searat Ali and Parmendra Sharma

The role of macroeconomic factors in the capital structure of European firms: How influential is bank debt? pp. 494-514

Valentín Azofra, Juan Antonio Rodríguez-Sanz and Pilar Velasco

SME financing with new credit guarantee contracts over the business cycle pp. 515-538

Xin Xia and Liu Gan

Taming the dark side of asset liquidity: The role of short-term debt pp. 539-562

Guan-Ying Huang, Henry Hongren Huang and Chun I Lee

The asymmetric oil price and policy uncertainty shock exposure of emerging market sectoral equity returns: A quantile regression approach pp. 563-581

Debojyoti Das and M. Kannadhasan

GDP distortion and tax avoidance in local SOEs: Evidence from China pp. 582-598

Xiaoxia Li, Guilong Cai and Danglun Luo

Preference for lottery features in real estate investment trusts pp. 599-613

Zhaobo Zhu, DavidM. Harrison and MichaelJ. Seiler

Are there any other safe haven assets? Evidence for “exotic” and alternative assets pp. 614-628

Dimitrios Dimitriou, Dimitris Kenourgios and Theodore Simos

China’s business cycles at the provincial level: National synchronization, interregional coordination and provincial idiosyncrasy pp. 629-650

Dayu Liu, Qiaoru Wang and Yang Song

How do lenders evaluate borrowers in peer-to-peer lending in China? pp. 651-662

Shiyi Chen, Yan Gu, Qingfu Liu and Yiuman Tse

Market responses to increased transparency: An Indian narrative pp. 663-677

Kaveri Krishnan, Arnab Mukherji and Sankarshan Basu

Volatility persistence in cryptocurrency markets under structural breaks pp. 680-691

Emmanuel Abakah, Luis Gil-Alana, Godfrey Madigu and Fatima Romero-Rojo

The impact of monetary policy stance, financial conditions, and the GFC on investment-cash flow sensitivity pp. 692-707

Selcuk Gul and Huseyin Tastan

Optimal asset allocation and consumption rules for commodity-based sovereign wealth funds pp. 708-730

Khouzeima Moutanabbir and Diaa Noureldin

Heterogeneous patterns of income diversification effects in U.S. bank holding companies pp. 731-749

Jinyong Kim and Yong-Cheol Kim

The impact of US economic policy uncertainty on WTI crude oil returns in different time and frequency domains pp. 750-768

Yue-Jun Zhang and Xing-Xing Yan

Market price effects of agency sovereign debt announcements: Importance of prior credit states pp. 769-787

Mahir Binici, Michael Hutchison and Evan Weicheng Miao

International stock market co-movements following US financial globalization pp. 788-814

Chai Liang Huang

The impact of financial development, IFRS, and rule of LAW on foreign investments: A cross-country analysis pp. 815-838

Orhan Akisik

CBOE VIX and Jump-GARCH option pricing models pp. 839-859

Eun Gyu Yoo and Sun-Joong Yoon

Bank survival in Central and Eastern Europe pp. 860-878

Evžen Kočenda and Ichiro Iwasaki

Technical trading index, return predictability and idiosyncratic volatility pp. 879-900

Yao Ma, Baochen Yang and Yunpeng Su

Information asymmetry and the effect of financial openness on firm growth and wage in emerging markets pp. 901-916

Haehean Park, Po-sang Lee and Yun W. Park

Factor return forecasting using cashflow spreads pp. 917-931

Yiqing Dai, Tariq Haque and Ralf Zurbruegg

The idiosyncratic momentum anomaly pp. 932-957

David Blitz, Matthias X. Hanauer and Milan Vidojevic

The impact of quantitative easing and carry trade on the real estate market in Hong Kong pp. 958-976

Tatsuyoshi Miyakoshi, Kui-Wai Li, Junji Shimada and Yoshihiko Tsukuda

Did China’s ICO ban alter the Bitcoin market? pp. 977-993

David Okorie and Boqiang Lin

Managerial compensation as a double-edged sword: Optimal incentives under misreporting pp. 994-1017

Gino Loyola and Yolanda Portilla

Growing against the background of colonization? Chinese labor market and FDI in a historical perspective pp. 1018-1031

Hao Wang, Jan Fidrmuc and Yunhua Tian

Flexible or mandatory retirement? Welfare implications of retirement policies for a population with heterogeneous health conditions pp. 1032-1055

Zhenhua Feng, Jaimie W. Lien and Jie Zheng

Political connection and the walking dead: Evidence from China's privately owned firms pp. 1056-1070

Qing He, Xiaoyang Li and Wenyu Zhu

Two-child policy, gender income and fertility choice in China pp. 1071-1081

Jun Liu and Taoxiong Liu

An alternative explanation for high saving in China: Rising inequality pp. 1082-1094

Xinhua Gu, Pui Sun Tam, Guoqiang Li and Qingbin Zhao

News and return volatility of Chinese bank stocks pp. 1095-1105

Kin-Yip Ho, Yanlin Shi and Zhaoyong Zhang

Financialization and sluggish fixed investment in Chinese real sector firms pp. 1106-1116

Jiaxian Shu, Chengsi Zhang and Ning Zheng

Does US partisan conflict affect US–China bilateral trade? pp. 1117-1131

Xiandeng Jiang and Yanlin Shi

Financial development, energy consumption and China's economic growth: New evidence from provincial panel data pp. 1132-1151

Yu Hao, Ling-Ou Wang and Chien-Chiang Lee