The Review of Asset Pricing Studies is launching a Special Issue on AI/ML on Asset Pricing, guest edited by Zhiguo He (Stanford GSB, Executive Editor of RAPS), Bryan Kelly (Yale SOM, Guest RAPS Editor), and Markus Pelger (Stanford MS&E, Guest RAPS Editor). We welcome papers on all aspects of AI/ML applications in asset pricing. Deadline to submit papers is November 18, 2025. Please see the Call for Papers for full details.
“Incentivizing Effort and Informing Investment: The Dual Role of Stock Prices” by Naveen Gondhi, Snehal Banerjee, and Jesse Davis
“Optimal Time-Consistent Debt Policies” by Andrey Malenko and Anton Tsoy
RFS is pleased to announce the appointment of Xavier Giroud as an Editor beginning October 1, 2025. Xavier is the Stefan H. Robock Professor of Finance and Economics at Columbia Business School, an NBER Research Associate, and a CEPR Research Fellow. Xavier also served as an Associate Editor of RFS from 2019-2022. Please join us in welcoming Xavier.
“Stablecoin Runs and the Centralization of Arbitrage” by Yiming Ma, Yao Zeng, and Anthony Lee Zhang
We are pleased to announce that Philip Strahan (Boston College) will serve as the next Vice President of the Society. Phil will begin his term on August 25. We are very grateful to Yishay Yafeh for delaying his retirement from the Vice President role in order to extend his service through August 24.
Congratulations to RFS Executive Editor Tarun Ramadorai and co-authors Lu Liu, Alessandro Gavazza, Jack Fisher, and Jagdish Tripathy on winning the Jensen Prize for their paper, “Refinancing Cross-subsidies in the UK Mortgage Market,” published in the Journal of Financial Economics in 2024.
“Mutual Fund Clienteles” by Daniel Fricke, Stephan Jank, and Hannes Wilke
“Are All ESG Funds Created Equal? Only Some Funds Are Committed” by Michelle Lowry, Pingle Wang, and Kelsey Wei
“Asset Prices When Investors Underestimate Discount Rate Dynamics” by Wang Renxuan
