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RFS Forthcoming Paper

“Stablecoin Runs and the Centralization of Arbitrage” by Yiming Ma, Yao Zeng, and Anthony Lee Zhang

SFS Vice President

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.

RFS Executive Editor Wins Jensen Prize

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.

RFS Forthcoming Paper

“Are All ESG Funds Created Equal? Only Some Funds Are Committed” by Michelle Lowry, Pingle Wang, and Kelsey Wei

RFS Editor Update

Due to unforeseen personal circumstances, Gerard Hoberg will be stepping down from his appointment to the RFS editorial board. We wish him all the best.

RFS Forthcoming Paper

“Passive Investing and the Rise of Mega-Firms” by Hao Jiang, Dimitri Vayanos, and Lu Zheng

RFS Forthcoming Paper

“High-Yield Debt Covenants and Their Real Effects” by Falk Brauning,Victoria Ivashina, and Ali Kivilcim Ozdagli