The Review of Financial Studies

Now available: Special Issue: Real and Private Value Assets

Introduction “Real and Private-Value Assets” by William N. Goetzmann, Christophe Spaenjers, and Stijn Van Nieuwerburgh

Editor’s Choice: “Climate Change and Long-Run Discount Rates: Evidence from Real Estate” by Stefano Giglio, Matteo Maggiori, Krishna Rao, Johannes Stroebel, and Andreas Weber

We are pleased to share that the RFS impact factor for 2019 has risen to 5.838 and the 5-year Impact Factor has risen to 9.358 (Clarivate, 2020). These results continue to be among the top ones in the field. OUP has granted temporary free access to some of RFS’s most cited papers.

We are pleased to share that Itay Goldstein has been renewed for another 3-year term as Executive Editor and Ralph Koijen has been renewed for a second term as an editor.

We are grateful to our retiring associate editors:

Dimitris Papanikolaou
Kenneth Ahern
Zhi Da
Vyacheslav Fos
Kai Li
Nadya Malenko
Veronika Pool
Alexi Savov
Michela Verardo

and welcome our incoming associate editors:

Jaroslav Borovicka (New York University)
Laurent Fresard (University of Lugano)
Cary Frydman (University of Southern California)
Andreas Fuster (EPFL)
Chotibhak Jotikasthira (Southern Methodist University)
Zacharias Sautner (Frankfurt School of Finance & Management)
Merih Sevilir (Indiana University)
Andrea Vedolin (Boston University)
Dacheng Xiu (University of Chicago).

Now available: Special Issue: Big Data in Finance

“Introduction: Big Data in Finance” by Itay Goldstein, Chester S. Spatt, and Mao Ye

Editor’s Choice: “Selecting Directors Using Machine Learning” by Isil Erel, Léa Stern, Chenhao Tan, and Michael S. Weisbach

RFS Executive Editor Itay Goldstein was interviewed for the Publishing in Finance: Fireside Chats with Journal Editors webinar series. The interviewers were Manasa Gopal (Georgia Tech) and Zheng Sun (University of California, Irvine). The video is available to watch online – simply click here and scroll to May 26, 2021, Session 11.

The winners of the annual RFS Awards were announced at the virtual Awards Reception on May 25 as part of the SFS Cavalcade. We are pleased to share the winners:

Michael J. Brennan Best Paper Award
“Pricing Uncertainty Induced by Climate Change”
Michael Barnett, William Brock, and Lars Peter Hansen
Prize: $10,000

Michael J. Brennan Best Paper Runner Up (tie)

“On the Rise of FinTechs: Credit Scoring Using Digital Footprints”
Tobias Berg, Valentin Burg, Ana Gombović, and Manju Puri
Prize: $2500

“Monetary Transmission through Shadow Banks”
Kairong Xiao
Prize: $2500

Referee of the Year
Michael Weber
Prize: $1000

Distinguished Referees
Tania Babina
Michael Ewens
Kristoph Kleiner
Lars Lochstoer

Rising Scholar Award
“Monetary Transmission through Shadow Banks”
Kairong Xiao
Prize: $5000

Hillcrest Best Paper Award in Behavioral Finance sponsored by Hillcrest Asset Management
“Financial Literacy Externalities”
Michael Haliassos, Thomas Jansson, and Yigitcan Karabulut
Prize: $5000

Congratulations to all our award winners!