RFS Editor Ralph Koijen is the recipient of the 20th edition of the Germán Bernácer Prize. The prize is awarded annually to “European economists no older than 40 years old who have made outstanding contributions in the fields of macroeconomics and finance.”
We’re happy to announce that the Associate Chair for SFS Cavalcade North America 2022 will be Jules van Binsbergen (The Wharton School, University of Pennsylvania). Professor van Binsbergen joins Chair Andrea Eisfeldt (UCLA) and Vice Chair Victoria Ivashina (Harvard Business School).
“Sharing R&D Risk in Healthcare via FDA Hedges” by Adam Jorring, Andrew Lo, Tomas J. Philipson, Manita Singh, and Richard T. Thakor “Information asymmetry, financial intermediation, and wealth effects of project finance loans” by Andrew Ferguson and Peter Lam
If you submitted a dual submission to RFS with the Texas Finance Festival 2021, you can expect to receive the dual submission decision in mid-October.
Despite the large theoretical literature that asserts the importance of taxes on corporate investment and financing decisions, the empirical literature often fails to demonstrate the effects of taxes in a convincing way. One reason for the discrepancy could be measurement error in variables. In “The Effect of Taxation on Corporate Financing and Investment,” Hong Chen and Murray Z. Frank take issue with the theoretical predictions themselves. They construct a model… Read More »Paper Spotlight: The Effect of Taxation on Corporate Financing and Investment
“P2P Lenders versus Banks: Cream Skimming or Bottom Fishing?” by Calebe DeRoure, Loriana Pelizzon, and Anjan V. Thakor
The Editor’s Choice paper for 34(10) is “Fintech Borrowers: Lax Screening or Cream-Skimming?” by Marco Di Maggio and Vincent Yao. You can read the paper free online.
The Call for Papers for the ECGI Corporations and COVID-19 conference is now available. The conference, which features a dual submission option with RCFS and RFS, will take place June 2, 2022. The RCFS sponsoring editor is Andrew Ellul and the RFS sponsoring editors are Itay Goldstein and Holger Mueller. The submission deadline is October 29, 2021. For more details, please see the ECGI website.
The Editor’s Choice paper for issue 10(3) is “Skilled Labor Risk and Corporate Policies” by Yue Qiu and Tracy Yue Wang. You can read the paper free online.
RFS Editor Manju Puri will be giving the keynote address at the conference on “Credit Risk over the Business Cycle,” jointly organized by the Deutsche Bundesbank, Center for Financial Frictions (FRIC), and the Centre for Economic Policy Research (CEPR). The conference will be held virtually from September 27-28, 2021, with Professor Puri’s speech on September 28. For additional information, please visit the conference website.
