The winners of the annual RFS Awards were announced at the virtual Awards Reception on May 26 as part of the Cavalcade. We are pleased to share the winners:
Michael J. Brennan Best Paper Award
“Credit Supply and the Rise in College Tuition: Evidence from the Expansion in Federal Student Aid Programs”
David O. Lucca, Taylor Nadauld, and Karen Shen
Michael J. Brennan Best Paper Runner Up
“The Value of Offshore Secrets: Evidence from the Panama Papers”
James O’Donovan, Hannes F. Wagner, and Stefan Zeume
Referee of the Year sponsored by Cornerstone Research
Distinguished Referees sponsored by Cornerstone Research
Rising Scholar Award
“Teachers Teaching Teachers: The Role of Workplace Peer Effects on Financial Decisions”
Gonzalo Maturana and Jordan Nickerson
For the first time ever, RFS awarded the Hillcrest Best Paper Award in Behavioral Finance.
Hillcrest Best Paper Award in Behavioral Finance sponsored by Hillcrest Asset Management
“Birds of a feather: the impact of homophily on the propensity to follow financial advice”
Oscar Stolper and Andreas Walter
Congratulations to all our award winners!
The Review of Financial Studies (RFS) is enacting a Code Sharing Policy for papers accepted for publication, which will be effective on July 1, 2020. The policy is available here. This policy reflects the commitment of the RFS to the highest standards of quality, as we believe that the policy will help improve the reproducibility and replicability of published research and by this will support the credibility and impact of this research. The policy does not impose much of a burden on authors. As the policy makes clear, at the moment, data sharing is encouraged but not required. We think that moving forward with a data sharing policy is more complicated and requires coordination with other leading journals. We are conducting conversations along these lines and will continue to do so under our commitment to the highest standards of quality for academic research in finance.
The Review of Financial Studies is now featured on Academic Audios, which produces narrated audios of research papers, including the abstract, introduction, and conclusion. As described on their website, this allows “you to learn the motivation for the paper, its background, the issue or question being addressed, and the results,” all in an audio format.
The Editor’s Choice article for 33(6) is “Monetary Transmission through Shadow Banks” by Kairong Xiao. You can read the paper free online.
RFS Editor Ralph Koijen’s research is featured in a Forbes piece titled, “Researchers Examine The Market’s COVID-19 Swings, Here’s What They Found.”
On Monday, May 11 at 12:30 PM EST, Jeremy Stein will join a webinar, co-hosted by the Princeton Bendheim Center for Finance and the Society for Financial Studies, on the COVID-19 credit programs recently implemented by the Federal Reserve and the U.S. Treasury. Stein is a Professor of Economics at Harvard University and a former Governor of the Federal Reserve.
The event will begin with a brief discussion by Markus Brunnermeier, Director of the Princeton Bendheim Center for Finance. Stein will then present. Both Brunnermeier and Stein will take questions from the audience throughout the event.
Preregistration is required.
RFS is pleased to announce that Lauren Cohen has been appointed for a second term as an editor. We thank Lauren for his continued service.
Oxford University Press presents the Innovation & Entrepreneurship Collection, featuring the following papers from RFS:
Destructive Creation at Work: How Financial Distress Spurs Entrepreneurship by Tania Babina
The Political Economy of Financial Innovation: Evidence from Local Governments by Christophe Pérignon and Boris Vallée
How Valuable Is FinTech Innovation? by Mark A. Chen, Qinxi Wu, and Baozhong Yang
Intellectual Property Rights Protection, Ownership, and Innovation: Evidence from China by Lily H. Fang, Josh Lerner, and Chaopeng Wu
The featured papers are free to read through the end of June on Oxford University Press’s web site.