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Review of Asset Pricing Studies

The Review of Asset Pricing Studies strives to publish the highest quality research in asset pricing, broadly construed. RAPS will evaluate papers based on their substantive original contribution to our understanding of the pricing of assets.

Editors

Zhiguo He: Stanford University (Executive Editor)
Riccardo Colacito: UNC Kenan-Flagler Business School
Joël Peress: INSEAD
Norman Schürhoff: Swiss Finance Institute

News from RAPS

  • RAPS Forthcoming Paper

    “To Lend or Not to Lend: The Bank of Japan’s ETF Purchase Program and Securities Lending” by Mitsuru Katagiri, Junnosuke Shino, and Koji Takahashi

  • RAPS Forthcoming Paper

    “Information from Inaction: Vested Options Unexercised and Firm Performance” by Dien Giau  Bui, Chih-Yung Lin, and Tse-Chun Lin

  • New Membership System

    The Society for Financial Studies is pleased to launch our new membership system. Members will be able to purchase 1-year memberships, 3-year memberships, or student memberships. Our submission systems will automatically recognize memberships and remind you when you need to renew.

    The new system was not able to move current memberships over, which means all accounts are starting from scratch. We apologize for the inconvenience! If you purchased a membership recently, you may contact us for help.

    For more, please see Membership.

See all RAPS news

Conference Announcements

  • Inaugural RAPS/RCFS Europe Conference

    The Society for Financial Studies is hosting the inaugural RAPS/RCFS Europe Conference in Cambridge on September 16, 2025. We will host dual track sessions in Asset Pricing and Corporate Finance with a keynote by Zhiguo He. The conference organizers are Isil Erel, Zhiguo He, and Constantine Yannelis. The conference will feature optional dual submission to RAPS or RCFS. The deadline to submit is July 1, 2025. For more, please see the conference website and view the Call for Papers.

  • CUHK-RAPS-RCFS Conference on Asset Pricing and Corporate Finance

    Registration is now available for the CUHK-RAPS-RCFS Conference on Asset Pricing and Corporate Finance. The conference will take place December 9-11, 2024, at The Chinese University of Hong Kong. The registration deadline is November 23, 2024 (HK time). Register here.