Latest News
Labor Representation in Governance as an Insurance Mechanism
(This post is thanks to Advisory Editor Andrew Ellul)
The lead article in Volume 22, Issue 4, of the Review of Finance is Labor Representation in Governance as an Insurance Mechanism by E. Han Kim, Ernst Maug and Christoph Schneider. This paper provides evidence that labor participation in firms’ governance enables risk sharing between employees and employers.… Read more...
The Cost of Political Connections
The lead article in Volume 22, Issue 3 of the Review of Finance is The Cost of Political Connections by Marianne Bertrand, Francis Kramarz, Antoinette Schoar, and David Thesmar. This paper shows that CEOs with a background in politics don’t shut down potentially underperforming plants, and open plants that they might not have otherwise, to boost employment in the run-up to a local election.… Read more...
Introduction of Page Limits
The RF is now introducing a 60-page limit (including appendices, bibliography, figures, and tables, but excluding internet appendices). This is for two reasons. First, an excessively long paper is likely to be less impactful. Second, refereeing an excessively long paper is demanding, and this helps ensure that the referee(s) have the capacity to review the manuscript diligently.… Read more...
Corporate Credit Risk Premia
The lead article in Volume 22, Issue 2 of the Review of Finance is Corporate Credit Risk Premia by Antje Berndt, Rohan Douglas, Darrell Duffie and Mark Ferguson. This paper shows that corporate credit risk premia vary substantially both over time and between bonds.… Read more...
ECB Policies Involving Government Bond Purchases
(This post is thanks to Editor Thorsten Beck)
The lead article in Volume 22, issue 1 of the Review of Finance is “ECB Policies Involving Government Bond Purchases: Impact and Channels” by Arvind Krishnamurthy, Stefan Nagel and Annette Vissing-Jorgensen.… Read more...
Fast-Track Refunds to Junior Scholars
The RF recognizes the importance of fast turnaround times, hence our second round up-or-out policy, commitment to avoid over-refereeing and respect author primacy, and introducing payments for on-time reports (see http://revfin.org/editorial-policy/). We recognize that fast turnaround times are particularly important for junior scholars.… Read more...
New Associate Editors From 2018
The Review of Finance is delighted to announce the appointment of Jonathan Cohn, Ian Dew-Becker, Cary Frydman, Cam Harvey, Cliff Holderness, Peter Koudijs, Jacob Sagi, David Solomon, and Lucy White as Associate Editors starting from January 2018. We thank the outgoing Associate Editors Christa Bouwman, Andrea Buraschi, Joost Driessen, Lorenzo Garlappi, Reint Gropp, Bart Lambrecht, Hong Liu, Jose-Luis Peydro Alcalde, and Liuren Wu for many years of distinguished service.… Read more...
Bank Exposures and Sovereign Stress Transmission
(This post is thanks to Editor Thorsten Beck)
The lead article in Volume 21, issue 6 of the Review of Finance is “Bank Exposures and Sovereign Stress Transmission” by Carlo Altavilla, Marco Pagano and Saverio Simonelli. The link between sovereign and bank distress has been at the core of the Eurozone crisis, and several papers have addressed the causes of banks’ concentration on domestic sovereign bonds and the repercussions of this concentration for banks’ lending activity and for the real economy.… Read more...
New Policy on (Self)-Plagiarism
We recently encountered a clear-cut case of self-plagiarism which led to a manuscript being rejected. We have thus added the following to the journal’s Editorial Policy. Going forwards, such a case would lead to a 2-year ban for the authors, but we did not impose it in this case since the policy had not been announced.… Read more...
New Editorial Appointments
The Review of Finance is delighted to announce the appointments of Christine Parlour, Kelly Shue, and Geoff Tate as Editors. Christine will start on November 15, 2017 and Kelly and Geoff will start on January 1, 2018 when Thorsten Beck and Andrew Ellul’s terms as Editors come to an end.… Read more...