Stefano Giglio Joining the RFS Team

We are pleased to announce that Stefano Giglio will be joining RFS as an editor. Stefano is a professor of finance at the Yale School of Management, an NBER Research Associate, and a CEPR Research Affiliate, and previously served as an associate editor of RFS. His first day will be July 1.

Winners of the RFS Awards

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
Prize: $10,000

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
Prize: $5000

Referee of the Year sponsored by Cornerstone Research
Sabrina Howell
Prize: $1000

Distinguished Referees sponsored by Cornerstone Research
Anthony DeFusco
Ian Dew-Becker
Song Ma
Zacharias Sautner

Rising Scholar Award
“Teachers Teaching Teachers: The Role of Workplace Peer Effects on Financial Decisions”
Gonzalo Maturana and Jordan Nickerson
Prize: $5000

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
Prize: $5000

Congratulations to all our award winners!

Code Sharing Policy

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.

Academic Audios

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.

Gregor Matvos Joining the RFS Team

We are pleased to announce that Gregor Matvos will be joining RFS as an editor. Gregor is a Howard Berolzheimer Chair in Finance at the Kellogg School of Management at Northwestern University and a Research Associate in the Corporate Finance group at NBER. His first day will be July 1.


Webinar: An Evaluation of the Fed-Treasury Credit Programs

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.

Editor Renewal

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.

Innovation & Entrepreneurship Collection

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.