As we approach the end of the year, we want to take a moment to thank you for your continued contributions and support. Before the holiday season begins, we would like to share some key dates to help you plan your submissions and communication with the editorial office.… Read more...
Holiday Season Update from the Editorial Office Read More »
We are pleased to announce that Volume 28, Issue 6 of the Review of Finance (November 2024) is now available. Below, you will find a list of the articles included in this issue:
New issue: Volume 28, Issue 6 of the Review of Finance is now available Read More »
Lu Han, Seung-Hyun Hong
Review of Finance, Volume 28, Issue 6, November 2024, Pages 2083–2118, https://doi.org/10.1093/rof/rfae025
The recent decade has witnessed a steady increase in all-cash home purchases, which sky-rocketed to make up nearly one-third of all home purchases in 2021.… Read more...
Cash is king? Understanding financing risk in housing markets Read More »
Gjergji Cici, Pei (Alex) Zhang
Review of Finance, Volume 28, Issue 6, November 2024, Pages 2017–2049, https://doi.org/10.1093/rof/rfae028
The corporate bond market is larger, more illiquid, and presumably less efficient than the equity market. These features provide numerous profit opportunities for active corporate bond mutual funds that are unique to the corporate bond market.… Read more...
On the valuation skills of corporate bond mutual funds Read More »
Brent Kitchens, Robert Parham, Chris Yung
Review of Finance, Volume 28, Issue 6, November 2024, Pages 1991–2015, https://doi.org/10.1093/rof/rfae030
Selective disclosure allows a subset of privileged investors to gain access to material information before it is released to the public. This early access enables investors to trade on this information, so that market prices incorporate significant information even on days without public news announcements. … Read more...
Is news really news? The effects of selective disclosure regulations Read More »
Dion Bongaerts, Sarah D De Luca, Mark Van Achter
Review of Finance, Volume 28, Issue 6, November 2024, Pages 1953–1989, https://doi.org/10.1093/rof/rfae029
Recently, financial market runs, like the one on SVB bank, have underscored the importance of containing coordination failures in financial markets.… Read more...
Circuit breakers and market runs Read More »
Shusen Qi, Ralph De Haas, Steven Ongena, Stefan Straetmans, Tamas Vadasz
Review of Finance, Volume 28, Issue 6, November 2024, Pages 1881–1918, https://doi.org/10.1093/rof/rfae021
This article investigates how the introduction of information sharing between banks influences the spatial clustering of bank branches.… Read more...
Move a little closer? Information sharing and the spatial clustering of bank branches Read More »
Yufeng Han, Ai He, David E Rapach, Guofu Zhou
Review of Finance, Volume 28, Issue 6, November 2024, Pages 1807–1831, https://doi.org/10.1093/rof/rfae027
The Fama-MacBeth regression framework is a workhorse method for analyzing cross-sectional expected stock returns. In this paper, we extend the Fama-MacBeth framework for cross-sectional return prediction to incorporate big data and machine learning.… Read more...
Effective 1 October 2024, all accepted papers in the Review of Finance must include alternative text (alt text) for every image or figure. Alt text is essential for making visual elements accessible to readers who may be blind, visually impaired, or using screen readers and other assistive technologies.… Read more...
Alt Text Requirement for Published Papers Read More »
We are pleased to announce that Volume 28, Issue 5 of the Review of Finance is now available. Below, you will find a list of the articles included in this issue.
The labor effects of R&D tax incentives: evidence from VC-backed startups
by Jun Chen and Shenje Hshieh
Do private firms (mis)learn from the stock market?… Read more...
New issue: Volume 28, Issue 5 of the Review of Finance is now available Read More »