---
title: "Systemic risk research: papers, trends and top journals"
description: "From 2017 to 2026 (so far), the keyword “systemic risk” appeared in 1,345 papers in the tracked journals, most of them in finance (868), economics (362) and operations research (68)."
url: https://scholar4ai.com/keywords/systemic-risk
markdown_url: https://scholar4ai.com/keywords/systemic-risk.md
license: CC BY-NC 4.0 (https://creativecommons.org/licenses/by-nc/4.0/)
share_text: "From 2017 to 2026 (so far), the keyword “systemic risk” appeared in 1,345 papers in the tracked journals, most of them in finance (868), economics (362) and operations research (68). (as of 2026-11-03)"
data_url: https://scholar4ai.com/data/rankings.json
updated: 2026-11-03T18:03:37+09:00
window: 2026-10-05 to 2026-11-03
source: OpenAlex (CC0)
---

# Papers on “systemic risk”

Research on “systemic risk” in the 480 tracked journals: papers per year and category, the journals, institutions and countries publishing it, the keywords studied with it and its most-cited papers. It is not among the most frequent keywords of the last 30 days, so this page has no list of its latest papers.

Back to the ranking: https://scholar4ai.com/rankings/keywords.md

## Key findings

- From 2017 to 2026 (so far), the keyword “systemic risk” appeared in 1,345 papers in the tracked journals, most of them in finance (868), economics (362) and operations research (68).
- 228 of them were published in 2025, against 91 in 2017.
- Since 2023, the institutions with the most of these papers were Lebanese American University (14), Southwestern University of Finance and Economics (14) and Beijing Jiaotong University (11).
- The journals publishing most of them were Finance research letters (82), Research in International Business and Finance (54) and Journal of Financial Stability (44).
- The most-cited of them is “Financial markets under the global pandemic of COVID-19” (Finance research letters, 2020), with 2,350 citations.

## Papers per year

*Papers per publication year and category*

| Category | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 (so far) |
|---|---:|---:|---:|---:|---:|---:|---:|---:|---:|---:|
| [Finance](https://scholar4ai.com/categories/finance.md) | 54 | 40 | 48 | 69 | 73 | 73 | 102 | 107 | 156 | 146 |
| [Economics](https://scholar4ai.com/categories/economics.md) | 29 | 26 | 36 | 27 | 32 | 39 | 29 | 32 | 55 | 57 |
| [Operations Research](https://scholar4ai.com/categories/operations-research.md) | 3 | 8 | 7 | 6 | 7 | 12 | 4 | 3 | 9 | 9 |
| [Management](https://scholar4ai.com/categories/management.md) | 1 | 0 | 2 | 1 | 3 | 2 | 4 | 1 | 4 | 6 |
| [AI](https://scholar4ai.com/categories/ai.md) | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 5 | 2 | 1 |
| [Statistics](https://scholar4ai.com/categories/statistics.md) | 2 | 1 | 0 | 1 | 1 | 0 | 0 | 0 | 1 | 0 |
| [Accounting](https://scholar4ai.com/categories/accounting.md) | 2 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 0 |
| [Tourism and Hospitality](https://scholar4ai.com/categories/tourism-and-hospitality.md) | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 1 |
| [Information Systems](https://scholar4ai.com/categories/information-systems.md) | 0 | 0 | 0 | 0 | 1 | 1 | 0 | 0 | 0 | 0 |
| All categories | 91 | 75 | 93 | 104 | 117 | 128 | 140 | 149 | 228 | 220 |

## Where the papers come from

*Journals with the most papers, since 2023*

| # | Journal | Papers |
|---:|---|---:|
| 1 | [Finance research letters](https://scholar4ai.com/journals/finance-research-letters.md) | 82 |
| 2 | [Research in International Business and Finance](https://scholar4ai.com/journals/research-in-international-business-and-finance.md) | 54 |
| 3 | [Journal of Financial Stability](https://scholar4ai.com/journals/journal-of-financial-stability.md) | 44 |
| 4 | [International Review of Economics & Finance](https://scholar4ai.com/journals/international-review-of-economics-finance.md) | 40 |
| 5 | [International Review of Financial Analysis](https://scholar4ai.com/journals/international-review-of-financial-analysis.md) | 39 |
| 6 | [The North American Journal of Economics and Finance](https://scholar4ai.com/journals/the-north-american-journal-of-economics-and-finance.md) | 32 |
| 7 | [Computational Economics](https://scholar4ai.com/journals/computational-economics.md) | 29 |
| 8 | [Energy Economics](https://scholar4ai.com/journals/energy-economics.md) | 28 |
| 9 | [Pacific-Basin Finance Journal](https://scholar4ai.com/journals/pacific-basin-finance-journal.md) | 23 |
| 10 | [Economic Modelling](https://scholar4ai.com/journals/economic-modelling.md) | 18 |

*Institutions with the most papers, since 2023*

| # | Institution | Papers |
|---:|---|---:|
| 1 | [Lebanese American University](https://scholar4ai.com/institutions/lebanese-american-university.md) | 14 |
| 2 | [Southwestern University of Finance and Economics](https://scholar4ai.com/institutions/southwestern-university-of-finance-and-economics.md) | 14 |
| 3 | [Beijing Jiaotong University](https://scholar4ai.com/institutions/beijing-jiaotong-university.md) | 11 |
| 4 | [Central University of Finance and Economics](https://scholar4ai.com/institutions/central-university-of-finance-and-economics.md) | 11 |
| 5 | [Nankai University](https://scholar4ai.com/institutions/nankai-university.md) | 11 |
| 6 | [Peking University](https://scholar4ai.com/institutions/peking-university.md) | 11 |
| 7 | [Zhejiang Gongshang University](https://scholar4ai.com/institutions/zhejiang-gongshang-university.md) | 11 |
| 8 | European Central Bank | 10 |
| 9 | [Hunan University](https://scholar4ai.com/institutions/hunan-university.md) | 10 |
| 10 | [University of Science and Technology of China](https://scholar4ai.com/institutions/university-of-science-and-technology-of-china.md) | 10 |

*Countries with the most papers, since 2023*

| # | Country | Papers |
|---:|---|---:|
| 1 | China | 296 |
| 2 | United States | 85 |
| 3 | United Kingdom | 78 |
| 4 | Italy | 59 |
| 5 | France | 42 |
| 6 | India | 37 |
| 7 | Australia | 31 |
| 8 | Spain | 28 |
| 9 | Canada | 25 |
| 10 | Germany | 25 |

*Keywords with the most papers, since 2023*

| # | Keyword | Papers |
|---:|---|---:|
| 1 | [financial stability](https://scholar4ai.com/keywords/financial-stability.md) | 130 |
| 2 | [COVID-19 pandemic](https://scholar4ai.com/keywords/covid-19-pandemic.md) | 98 |
| 3 | financial contagion | 71 |
| 4 | macroprudential policy | 54 |
| 5 | [volatility spillovers](https://scholar4ai.com/keywords/volatility-spillovers.md) | 48 |
| 6 | risk spillovers | 43 |
| 7 | [Russian invasion of Ukraine](https://scholar4ai.com/keywords/russian-invasion-of-ukraine.md) | 41 |
| 8 | tail risk | 37 |
| 9 | [China](https://scholar4ai.com/keywords/china.md) | 36 |

## Most-cited papers

*Most-cited papers since 2017*

| # | Citations | Per month | Title | Journal | Published | Authors |
|---:|---:|---:|---|---|---|---|
| 1 | 2,350 | 29.9 | [Financial markets under the global pandemic of COVID-19](https://doi.org/10.1016/j.frl.2020.101528) | [Finance research letters](https://scholar4ai.com/journals/finance-research-letters.md) | 2020-04-16 | Dayong Zhang, Min Hu, Qiang Ji |
| 2 | 335 | 6.4 | [Geopolitical risk and the systemic risk in the commodity markets under the war in Ukraine](https://doi.org/10.1016/j.frl.2022.103066) | [Finance research letters](https://scholar4ai.com/journals/finance-research-letters.md) | 2022-06-15 | Yihan Wang, Elie I. Bouri, Zeeshan Fareed et al. |
| 3 | 322 | 3.2 | [Corporate governance of banks and financial stability](https://doi.org/10.1016/j.jfineco.2018.06.011) | [Journal of Financial Economics](https://scholar4ai.com/journals/journal-of-financial-economics.md) | 2018-06-30 | Deniz Anginer, Asli Demirgüç‐Kunt, Harry Huizinga et al. |
| 4 | 283 | 3.4 | [Systemic Risk: The Impact of COVID-19](https://doi.org/10.1016/j.frl.2020.101682) | [Finance research letters](https://scholar4ai.com/journals/finance-research-letters.md) | 2020-01-01 | Muhammad Suhail Rizwan, Ghufran Ahmad, Dawood Ashraf |
| 5 | 274 | 4.6 | [NFTs and asset class spillovers: Lessons from the period around the COVID-19 pandemic](https://doi.org/10.1016/j.frl.2021.102515) | [Finance research letters](https://scholar4ai.com/journals/finance-research-letters.md) | 2021-10-28 | David Y. Aharon, Ender Demir |

## Research ideas that follow this keyword

- [Graph neural networks for financial contagion](https://scholar4ai.com/ideas/graph-neural-networks-for-financial-contagion.md)

## Cite this page

Scholar4AI. (2026). Papers on “systemic risk”. Journal and Conference Research Rankings. Retrieved November 3, 2026, from https://scholar4ai.com/keywords/systemic-risk

```bibtex
@misc{scholar4ai-keywords-systemic-risk,
  author = {{Scholar4AI}},
  title = {Papers on “systemic risk”},
  year = {2026},
  howpublished = {\url{https://scholar4ai.com/keywords/systemic-risk}},
  urldate = {2026-11-03},
  note = {Journal and Conference Research Rankings; data from OpenAlex (CC0); licensed CC BY-NC 4.0}
}
```

License: CC BY-NC 4.0 (https://creativecommons.org/licenses/by-nc/4.0/).