The Review of Finance congratulates the following award winners:
Pagano/Zechner award for best non-investments paper
Winner: Patrick Bolton and Haizhou Huang for The Capital Structure of Nations (non-technical summary here)
Runner-up: Marianne Bertrand, Francis Kramarz, Antoinette Schoar, and David Thesmar for The Cost of Political Connections (non-technical summary here)
Finalists:
- Sophie A. Shive and Margaret M. Forster, The Revolving Door for Financial Regulators
- Truong X. Duong, Zsuzsa R Huszár, Ruth S. K. Tan, Weina Zhang, The Information Value of Stock Lending Fees: Are Lenders Price Takers?
- Bo Becker, Victoria Ivashina: Financial Repression in the European Sovereign Debt Crisis
- Hamid Boustanifar, Everett Grant, Ariell Reshef: Wages and Human Capital in Finance: International Evidence, 1970–2011
Spängler IQAM award for the best investments paper
Winner: Kingsley Y.L. Fong, Craig W. Holden, and Charles A. Trzcinka for What Are the Best Liquidity Proxies for Global Research? (non-technical summary here)
Runner-up: Antje Berndt, Rohan Douglas, Darrell Duffie, and Mark Ferguson for Corporate Credit Risk Premia (non-technical summary here)
Distinguished Referee award
Francesco Franzoni, Evgeny Lyandres, and David Schoenherr.