Most cited papers in Credit Risk and Financial Regulations
What are the most cited papers in Credit Risk and Financial Regulations?
The most cited paper in Credit Risk and Financial Regulations is "Common risk factors in the returns on stocks and bonds" (Eugene F. Fama, Kenneth R. French, 1993), with 28,079 citations. Next come "ON THE PRICING OF CORPORATE DEBT: THE RISK STRUCTURE OF INTEREST RATES*" (11,053) and "A Comprehensive Look at The Empirical Performance of Equity Premium Prediction" (4,225).
Showing 50 of 100 papers. Every paper with more than 819 citations is listed.
| # | Paper | ||
|---|---|---|---|
| 1 | Common risk factors in the returns on stocks and bonds Eugene F. Fama, Kenneth R. French · Journal of Financial Economics | Feb 1993 | 28,079 |
| 2 | ON THE PRICING OF CORPORATE DEBT: THE RISK STRUCTURE OF INTEREST RATES* Robert C. Merton · The Journal of Finance | May 1974 | 11,053 |
| 3 | A Comprehensive Look at The Empirical Performance of Equity Premium Prediction Ivo Welch, Amit Goyal · Review of Financial Studies | 17 Mar 2007 | 4,225 |
| 4 | Martingales and arbitrage in multiperiod securities markets J. Michael Harrison, David M. Kreps · Journal of Economic Theory | Jun 1979 | 3,737 |
| 5 | Deciphering the Liquidity and Credit Crunch 2007–2008 Markus Konrad Brunnermeier · The Journal of Economic Perspectives | 2009 | 3,451 |
| 6 | On financial contracting Clifford W. Smith, Jerold B. Warner · Journal of Financial Economics | Jun 1979 | 3,074 |
| 7 | Transform Analysis and Asset Pricing for Affine Jump-diffusions Darrell Duffie, Jun Min Pan, Kenneth J. Singleton · Econometrica | Nov 2000 | 2,994 |
| 8 | Modeling Term Structures of Defaultable Bonds Darrell Duffie, Kenneth J. Singleton · Review of Financial Studies | 2 Jul 1999 | 2,605 |
| 9 | CoVaR Tobias Adrian, Markus Konrad Brunnermeier · American Economic Review | 30 Jun 2016 | 2,421 |
| 10 | Backward Stochastic Differential Equations in Finance Nicole El Karoui, Shigē Péng, M.C. Quenez · Mathematical Finance | 1997 | 2,401 |
| 11 | Forecasting Default with the Merton Distance to Default Model Sreedhar T. Bharath, Tyler Shumway · Review of Financial Studies | May 2008 | 2,318 |
| 12 | Error‐correction Mechanism Tests for Cointegration in a Single‐equation Framework Anindya Banerjee, Juan J. Dolado, Ricardo Mestre · Journal of Time Series Analysis | May 1998 | 2,318 |
| 13 | In Search of Distress Risk Jan Szilagyi, Jens Hilscher, John Y. Campbell · RePEc: Research Papers in Economics | 2008 | 2,304 |
| 14 | Credit Spreads and Business Cycle Fluctuations Simon Gilchrist, Egon Zakrajšek · American Economic Review | Jun 2012 | 2,291 |
| 15 | A Simple Approach to Valuing Risky Fixed and Floating Rate Debt Francis A. Longstaff, Eduardo S. Schwartz · The Journal of Finance | Jul 1995 | 2,188 |
| 16 | Value versus Growth: The International Evidence Eugene F. Fama, Kenneth R. French · The Journal of Finance | Dec 1998 | 2,133 |
| 17 | An analytic derivation of the cost of deposit insurance and loan guarantees An application of modern option pricing theory Robert C. Merton · Journal of Banking & Finance | Jun 1977 | 1,993 |
| 18 | Pricing Derivatives on Financial Securities Subject to Credit Risk Robert A. Jarrow, Stuart M. Turnbull · The Journal of Finance | Mar 1995 | 1,991 |
| 19 | Default Risk in Equity Returns Maria Vassalou, Yuhang Xing · The Journal of Finance | 25 Mar 2004 | 1,982 |
| 20 | ZETATM analysis A new model to identify bankruptcy risk of corporations Edward I. Altman, Robert G. Haldeman, Paul Narayanan · Journal of Banking & Finance | Jun 1977 | 1,821 |
| 21 | Predicting returns in the stock and bond markets Donald B. Keim, Robert F. Stambaugh · Journal of Financial Economics | Dec 1986 | 1,806 |
| 22 | Out-of-Sample Equity Premium Prediction: Combination Forecasts and Links to the Real Economy David E. Rapach, Jack Strauss, Guofu Zhou · Review of Financial Studies | 11 Aug 2009 | 1,719 |
| 23 | Testing structural hypotheses in a multivariate cointegration analysis of the PPP and the UIP for UK Søren Johansen, Katarina Jusélius · Journal of Econometrics | Jul 1992 | 1,694 |
| 24 | Term Premia and Interest Rate Forecasts in Affine Models Gregory R. Duffee · The Journal of Finance | Feb 2002 | 1,673 |
| 25 | Debt, Liquidity Constraints, and Corporate Investment: Evidence from Panel Data Toni M. Whited · The Journal of Finance | Sep 1992 | 1,665 |
| 26 | Audit Fees: A Meta‐analysis of the Effect of Supply and Demand Attributes* David C. Hay, Warren Robert Knechel, Norman Wong · Contemporary Accounting Research | Mar 2006 | 1,663 |
| 27 | The Aggregate Demand for Treasury Debt Arvind Krishnamurthy, Annette Vissing‐Jørgensen · Journal of Political Economy | Apr 2012 | 1,621 |
| 28 | Credit Rationing in Markets With Imperfect Information Marco Berardi · SSRN Electronic Journal | 2007 | 1,578 |
| 29 | Extreme Value Theory : An Introduction Laurens de Haan, Ana Maria Ferreira · International Linear Collider | 2006 | 1,554 |
| 30 | Measuring Readability in Financial Disclosures Tim Loughran, Bill McDonald · The Journal of Finance | 26 Mar 2014 | 1,528 |
| 31 | A Markov Model for the Term Structure of Credit Risk Spreads Robert A. Jarrow, David Lando, Stuart M. Turnbull · Review of Financial Studies | Apr 1997 | 1,523 |
| 32 | Modeling Regional Interdependencies Using a Global Error-Correcting Macroeconometric Model M. Hashem Pesaran, Til Schuermann, Scott M. Weiner · Journal of Business and Economic Statistics | Apr 2004 | 1,478 |
| 33 | Does the Source of Capital Affect Capital Structure? Michael W. Faulkender, Mitchell A. Petersen · Review of Financial Studies | 28 Oct 2005 | 1,471 |
| 34 | International Portfolio Choice and Corporation Finance: A Synthesis M.S. Adler, Bernard Dumas · The Journal of Finance | Jun 1983 | 1,435 |
| 35 | Systemic Risk in Financial Systems Larry Eisenberg, Thomas H. Noe · Management Science | Feb 2001 | 1,431 |
| 36 | Imperfect Information, Uncertainty, and Credit Rationing Dwight M. Jaffee, Thomas Russell · The Quarterly Journal of Economics | Nov 1976 | 1,430 |
| 37 | The effects of government ownership on bank lending Paola Sapienza · Journal of Financial Economics | 20 Nov 2003 | 1,428 |
| 38 | The U.S. Treasury yield curve: 1961 to the present Refet S. Gürkaynak, Brian Sack, Jonathan H. Wright · Journal of Monetary Economics | 7 Jul 2007 | 1,413 |
| 39 | RANK ANALYSIS OF INCOMPLETE BLOCK DESIGNS RALPH ALLAN BRADLEY, Milton E. Terry · Biometrika | 1952 | 1,404 |
| 40 | Term Structures of Credit Spreads with Incomplete Accounting Information Darrell Duffie, David Lando · Econometrica | May 2001 | 1,391 |
| 41 | Assessing the Probability of Bankruptcy Stephen A. Hillegeist, Elizabeth K. Keating, Donald P. Cram et al. · Review of Accounting Studies | 28 Jan 2004 | 1,358 |
| 42 | SRISK: A conditional capital shortfall measure of systemic risk Christian T. Brownlees, Robert F. Engle · IRIS - Institutional Research Information System (Libera Università Internazionale degli Studi Sociali Guido Carli) | 2017 | 1,345 |
| 43 | An Overview of Value at Risk Darrell Duffie, Jun Min Pan · The Journal of Derivatives | 28 Feb 1997 | 1,332 |
| 44 | International Financial Reporting Standards (IFRS): pros and cons for investors Ray Ball · Accounting and Business Research | Dec 2006 | 1,301 |
| 45 | A skeptical appraisal of asset pricing tests☆ Jonathan W. Lewellen, Stefan Nagel, Jay A. Shanken · Journal of Financial Economics | 20 Sep 2009 | 1,280 |
| 46 | Equity Volatility and Corporate Bond Yields John Y. Campbell, Glen B. Taksler · The Journal of Finance | 7 Nov 2003 | 1,270 |
| 47 | On cox processes and credit risky securities David Lando · Review of Derivatives Research | Dec 1998 | 1,270 |
| 48 | Rating Banks: Risk and Uncertainty in an Opaque Industry Donald P. Morgan · American Economic Review | Aug 2002 | 1,254 |
| 49 | Collateral Damage: Effects of the Japanese Bank Crisis on Real Activity in the United States Joe Peek, Eric S. Rosengren · American Economic Review | Mar 2000 | 1,235 |
| 50 | Exchange Market Mayhem: The Antecedents and Aftermath of Speculative Attacks Barry J. Eichengreen, Andrew Kenan Rose, Charles Wyplosz et al. · Economic Policy | Oct 1995 | 1,232 |
Citations are OpenAlex's own counts, from its 2026-09-23 snapshot, so the ranking can differ from Google Scholar or Web of Science. A paper is listed for a field when OpenAlex files it under one of the field's topics; retracted papers and papers whose citation count cannot be traced to citing works are left out, and a preprint and the article it became are shown once. Release dates are OpenAlex's: where a source gave only a month or a year, that is what is shown. How the lists are chosen.