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Forthcoming Paper

“When Does Higher Firm Leverage Lead to Higher Employee Pay?” by Timothy Dore and Rebecca Zarutskie

Call for Papers and Proposals: RCFS Winter Conference 2023

The 2023 RCFS Winter Conference is now accepting submissions. Please see the Call for Papers and the Call for Proposals on “Corporate Market Power: Drivers and Financial Consequences” for more details. The conference, which features a dual submission option with RCFS, will take place February 18-19, 2023, at the Royal Sonesta in San Juan, Puerto Rico. The sponsoring editors are Andrew Ellul, Isil Erel, Camelia Kuhnen, and Robert Marquez. The… Read More »Call for Papers and Proposals: RCFS Winter Conference 2023

New Issue: August 35(8)

The August issue of RFS has published! The Editor’s Choice paper is: “Housing Consumption and Investment: Evidence from Shared Equity Mortgages” by Matteo Benetton, Philippe Bracke, João F Cocco, and Nicola Garbarino

Special Issue: August 11(3)

The August issue of RCFS has published! It is a Special Issue on “Discrimination, Disparity, and Diversity in Finance.” The Editor’s Choice paper is: Does Homeownership Reduce Wealth Disparities for Low-Income and Minority Households? Ashleigh Eldemire, Kimberly F. Luchtenberg, and Matthew M. Wynter The introduction is: “Discrimination, Disparities, and Diversity in Finance” Andrew Ellul, Isil Erel, Camelia Kuhnen, Uday Rajan, editors

Forthcoming Paper

“Energy Transitions and Household Finance: Evidence from U.S. Coal Mining” by Ding Du and Stephen A. Karolyi

Editorial Team Changes

RAPS is pleased to announce our incoming Associate Editors: Ravi Bansal (Duke University) Nicolae Garleanu (Washington University in St. Louis) Arvind Krishnamurthy (Stanford University) Norman Schürhoff (Swiss Finance Institute) Annette Vissing-Jorgensen (Federal Reserve Board) Dacheng Xiu (University of Chicago) Terms begin August 1.

Forthcoming Paper

“Managerial Entrenchment and the Market for Talent” by Fabio Feriozzi

Paper Spotlight: Social Change through Financial Innovation: Evidence from Donor-Advised Funds

Donor-advised funds (DAFs), important vehicles for philanthropic giving in the United States, have grown significantly in the recent past and continue to do so. DAFs are different from traditional charities because of the inherent flexibility contained in their structures. Of particular importance is the possibility given to donors to “give now, decide later.” In the RCFS paper “Social Change through Financial Innovation: Evidence from Donor-Advised Funds,” Jillian Grennan uses a… Read More »Paper Spotlight: Social Change through Financial Innovation: Evidence from Donor-Advised Funds

Paper Spotlight: What’s Good for Women Is Good for Science: Evidence from the American Finance Association

The reasons that can explain the very important issue of gender disparities in labor market outcomes are still quite nebulous. To remove such disparities we need first to understand the sources of women’s differential labor market outcomes. Differences in human capital have been found lacking in explaining observed differences. Recent developments in the literature point to three potential factors: gender differences in preferences, structure of work that can differentially impact… Read More »Paper Spotlight: What’s Good for Women Is Good for Science: Evidence from the American Finance Association