The Society for Financial Studies is pleased to announce two new journals: The Review of Asset Pricing Studies (RAPS) and The Review of Corporate Finance Studies (RCFS). RAPS and RCFS join The Review of Financial Studies to form a suite of three independent A-level journals that are now available to scholars in finance and related disciplines as outlets for their research.

SFS News

April 13, 2015: Finalists for Cavalcade Best Paper Awards

The 2015 Cavalcade Conference Chairs are excited to announce the finalists for the Cavalcade Best Paper Awards. The winners will be announced at the Awards Reception on Tuesday, May 19, at the SFS Finance Cavalcade Conference. The finalists are:

Cavalcade Best Paper in Corporate Finance, in honor of Jerome A. Chazen, sponsored by the Chazen Institute of International Business at Columbia Business School

  • Dynamic Adverse Selection: Time Varying Market Conditions and Endogenous Entry by Pavel Zryumov
  • Government Credit, a Double-Edged Sword: Evidence from the China Development Bank by Hong Ru
  • Government Guarantees and Financial Stability by Franklin Allen, Elena Carletti, Itay Goldstein, and Agnese Leonello
  • The Deposits Channel of Monetary Policy by Itamar Drechsler, Alexi Savov, and Philipp Schnabl

Cavalcade Best Paper in Asset Pricing, sponsored by the Society for Financial Studies

  • Asset Management Contracts and Equilibrium Prices by Andrea M. Buffa, Dimitri Vayanos, and Paul Woolley
  • Can Leverage Constraints Make Overconfident Investors Better Off? by Rawley Heimer
  • How Many Good and Bad Funds are There, Really? by Wayne Ferson, and Yong Chen
  • The Price of Variance Risk by Ian Dew-Becker, Stefano Giglio, Anh Le, and Marius Rodriguez

The Arthur Warga Award for Best Paper in Fixed Income, sponsored by The Arthur Warga Award endowment

  • Bond Market Exposures to Macroeconomic and Monetary Policy Risks by Dongho Song
  • Call Me Maybe? The Effects of Exercising Contingent Capital by Boris Vallee
  • Debt Correlations in the Wake of the Financial Crisis: What are Appropriate Default Correlations for Structured Products? by John Griffin and Jordan Nickerson
  • Regulatory Arbitrage in Repo Markets by Benjamin Munyan

Join us at the Awards Reception to find out which papers win. For more, visit Cavalcade 2015.

March 27, 2015: Laura Starks Named Interim Dean at McCombs School of Business

SFS Vice President Laura Starks has been named the interim dean at the McCombs School of Business at the University of Texas at Austin effective Sept. 1, 2015. For the full announcement, see McCombs Today.

March 24, 2015: Final Week for Early Registration

Register for the Cavalcade by March 31 to pay the early registration fee of $100 for SFS members or $140 for nonmembers. Registration fees increase on April 1! Register online at Cavalcade 2015.

March 18, 2015: Annual Meeting

The 2015 Society for Financial Studies Annual Meeting will take place at the 2015 Finance Cavalcade at 3:45pm on May 18, 2015, at the Scheller College of Business at Georgia Tech.

March 6, 2015: Cavalcade 2015 Program Now Available

The program for Cavalcade 2015 is now available. Check it out on the Cavalcade 2015 web site!

March 2, 2015: Have You Completed the Cavalcade 2015 Registration?

Have you registered for Cavalcade 2015? Everyone–including presenting authors, co-authors, discussants, session chairs, doctoral students, and Georgia Tech faculty–must register at the Cavalcade 2015 web site. Please register early–registration price increases April 1.

February 23, 2015: Accommodations for Cavalcade 2015

Have you booked your hotel room for Cavalcade 2015? Information about accommodations is on the Cavalcade 2015 web site. Be sure to book soon–the room blocks end in April.

February 18, 2015: Registration is Now Open for Cavalcade 2015

You can now register online for the 2015 SFS Finance Cavalcade, which will take place May 17-20, 2015, at the Scheller College of Business at Georgia Tech. Early registration will be $100 for members and $140 for nonmembers. Beginning April 1, the registration rate will increase to $125 for members and $165 for nonmembers. The registration fee will be waived for doctoral students and Georgia Tech faculty. To register, visit the Cavalcade 2015 web site.

February 17, 2015: Cavalcade Decisions Have Been Sent

The decision letters for the 2015 Cavalcade have been sent. We received 866 submissions, which was a 32% increase over the number of submissions last year. The acceptance rate was 10.4%.

February 13, 2015: Forthcoming Book by Andrew Karolyi

Congratulations to RFS Executive Editor Andrew Karolyi on the publication of his book, “Cracking the Emerging Markets Enigma.” The book will be available in May. For more, visit the publisher’s web site here.

SFS Conferences


2015 Wharton Conference on Liquidity and Financial Crises
October 9-10, 2015

Symposium for Emerging Financial Markets
May 1-2, 2015

Entrepreneurial Finance and Innovation Around the World
June 27-28, 2015

17th Annual Texas Finance Festival 2015
April 23-25, 2015

24th Mitsui Finance Symposium: Financial Intermediaries and Markets
May 29-31, 2015

2015 OU Energy Finance Research Conference
September 10-11, 2015

2016 SFS Finance Cavalcade
May 15-18, 2016

2015 SFS Finance Cavalcade
May 17-20, 2015

2016 SFS Finance Cavalcade
May 15-18, 2016

2015 SFS Finance Cavalcade
May 17-20, 2015


2016 SFS Finance Cavalcade
May 15-18, 2016

2015 SFS Finance Cavalcade
May 17-20, 2015