Forthcoming Paper
“Shadow Insurance? Money Market Fund Investors and Bank Sponsorship” by Stefan Jacewitz, Haluk Unal, and Chengjun Wu
Position Filled: SFS Post-Doc
The SFS Post-Doc position has been filled. Thank you to everyone who submitted a resume.
Paper Spotlight: Investor Rewards to Climate Responsibility: Stock-Price Responses to the Opposite Shocks of the 2016 and 2020 U.S. Elections
Recent survey evidence shows that the list of institutional investors paying close attention to environmental issues, with a consequent impact on their investment decisions, is increasing. A central factor that ought to be considered is the role of government regulation, especially the uncertainty surrounding it, and subsequent response of firms to those regulations against the background of a worsening environmental scenario. This is… Read More »Paper Spotlight: Investor Rewards to Climate Responsibility: Stock-Price Responses to the Opposite Shocks of the 2016 and 2020 U.S. Elections
Texas Finance Festival Decisions
The dual submission decisions for Texas Finance Festival 2021 have been sent. If you submitted your paper as a dual submission and did not receive your decision email, please contact us.
Call for Papers and Proposals: RCFS Winter Conference 2022
2022 RCFS Winter Conference February 19-20, 2022 Margaritaville Hollywood Beach Resort, Florida RCFS Sponsoring Editors: Andrew Ellul, Isil Erel, Camelia Kuhnen, Robert Marquez Call for Papers Submission Deadline: November 19, 2021 Call for Registered Reports/Proposals on “Finance for the Greater Good” Submission Deadline: December 5, 2021
Special Issue: COVID-19 and Its Impact on Financial Markets and the Real Economy
Now available: Special Issue: COVID-19 and Its Impact on Financial Markets and the Real Economy Introduction “COVID-19 and Its Impact on Financial Markets and the Real Economy” by Itay Goldstein, Ralph S. J. Koijen, and Holger M. Mueller Editor’s Choice: “The Macroeconomics of Epidemics” by Martin S. Eichenbaum, Sergio Rebelo, and Mathias Trabandt The entire issue is free access as part of OUP’s pledge to make COVID-19 content accessible.
Forthcoming Papers
“Capital Structure Priority Effects in Durations, Stock-Bond Comovements, and Factor Pricing Models” by Jaewon Choi, Matthew Richardson, and Robert Whitelaw “Inventory-Constrained Underwriters and Corporate Bond Offerings” by Florian Nagler and Giorgio Ottonello
Paper Spotlight: Public Firm Borrowers of the U.S. Paycheck Protection Program
The Paycheck Protection Program (PPP), with over $500 billion distributed over a few months in 2020, was one of the largest stimulus programs in U.S. history. The program was created to help “small businesses” survive the COVID-19 shock. However, in a forthcoming RCFS paper, “Public Firm Borrowers of the U.S. Paycheck Protection Program,” Anna Cororaton and Samuel Rosen document that nearly half of U.S. public firms were eligible for the… Read More »Paper Spotlight: Public Firm Borrowers of the U.S. Paycheck Protection Program
Forthcoming Paper
“The Marketing Capability Premium” by Tze Chuan Ang, Tarun Chordia, Vivian Mai, and Harminder Singh
Paper Spotlight: Effect of the Equity Capital Ratio on the Relationship between Competition and Bank Risk-Taking Behavior
Risk taking by banks has been discussed extensively by researchers and policy makers for many years, even preceding the Great Recession. Literature has focused on two mechanisms that alter banks’ risk-taking behavior: higher regulatory capital ratios and higher competition due to bank deregulation. But, how does a bank’s equity capital ratio interact with banking competition in their impact on risk taking? In a forthcoming RCFS paper, “Effect of the Equity Capital… Read More »Paper Spotlight: Effect of the Equity Capital Ratio on the Relationship between Competition and Bank Risk-Taking Behavior