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NBER Big Data and Securities Markets Virtual Conference

  • RFS News

The program for the NBER Big Data and Securities Markets Virtual Conference is now available. The conference, which featured a dual submission option with RFS, will take place online December 3-4, 2020. The RFS sponsoring editor is Itay Goldstein.

RCFS Blog Series IV: The COVID-19 Pandemic Crisis and Corporate Finance

In the new entry on the RCFS blog, the RCFS editorial team discusses the new special issue of RCFS on the COVID-19 pandemic crisis and corporate finance. Editors Andrew Ellul, Isil Erel, and Uday Rajan talk about why they decided to publish a special issue on COVID, and the themes they decided to tackle in the issue, including financing of firms, equity shortfall and zombie lending, and firm characteristics and… Read More »RCFS Blog Series IV: The COVID-19 Pandemic Crisis and Corporate Finance

Paper Spotlight: Feverish Stock Price Reactions to COVID-19

The market reactions to the 2019 novel Coronavirus event, a truly exogenous shock, can help our understanding of how real economic shocks and financial policies drive firm value. In “Feverish Stock Price Reactions to COVID-19,” Stefano Ramelli and Alexander F. Wagner find strong causal evidence for the role of international trade and global value chains for corporate value. Initially, internationally-oriented firms, especially those more exposed to China, underperformed. As the… Read More »Paper Spotlight: Feverish Stock Price Reactions to COVID-19

Forthcoming Paper

“Dynamic Asset Pricing with Interactions between Short-Sale and Borrowing Constraints” by Lei Shi and Yajun Xiao

Itay Goldstein in ABC News

  • RFS News

Itay Goldstein was interviewed for an ABC News story titled “Why the prospect of a divided government sent stocks soaring.”

Paper Spotlight: Resiliency of Environmental and Social Stocks: An Analysis of the Exogenous COVID-19 Market Crash

              The COVID-19 pandemic, with its heavy toll on human lives, unemployment, and financial distress, should be considered as an important acid test for firms’ professed investments in their responsibility toward society. It is during such times that we can better understand how to interpret the Environmental, Social, and Governance (ESG) scores, standard proxies for firms’ corporate social responsibility, and what is really driving… Read More »Paper Spotlight: Resiliency of Environmental and Social Stocks: An Analysis of the Exogenous COVID-19 Market Crash

Submission Period for Cavalcade North America is Open!

  • SFS News

The submission period for SFS Cavalcade North America 2021 is now open. To submit, please visit SFS Cavalcade North America 2021. The deadline for submissions is December 10, 2020. Dual Submission: The Cavalcade features a dual submission option with the Review of Asset Pricing Studies and the Review of Corporate Finance Studies. Reminder for doctoral students: For papers in which ALL co-authors are doctoral students, the submission fee is waived.

RAPS and RCFS Expand to 4 Issues

  • SFS News

We are pleased to announce that the Review of Asset Pricing Studies and the Review of Corporate Finance Studies have made the decision to begin publishing four issues per year, starting in 2021. Both journals have experienced a sustained influx of high quality submissions, allowing an increase in our annual number of published papers.

RAPS Expands to 4 Issues

We are pleased to announce that the Review of Asset Pricing Studies has made the decision to begin publishing four issues per year, starting in 2021. RAPS has experienced a sustained influx of high quality submissions, allowing an increase in our annual number of published papers.