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The Review of Financial Studies Current Issue

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Latest posts

Last updated 26 days ago

The Impact of the Opioid Crisis on Firm Value and Investment

3 months ago

AbstractWe show a negative effect of opioid prescriptions on subsequent individual employment...

Retraction of: Mortgage Finance and Climate Change: Securitization Dynamics in the Aftermath of Natural Disasters

3 months ago

This is a retraction of: Amine Ouazad, Matthew E Kahn, Mortgage Finance...

Effects of Credit Expansions on Stock Market Booms and Busts

3 months ago

AbstractThere is causal evidence that mortgage credit expansions increase house prices. Does...

The Fed and the Secular Decline in Interest Rates

4 months ago

AbstractThis paper documents a striking fact: a narrow window around Fed meetings...

Financing Infrastructure in the Shadow of Expropriation

4 months ago

AbstractWe examine the optimal financing of infrastructure when governments can expropriate rents...

Build or Buy? Human Capital and Corporate Diversification

4 months ago

AbstractFirms enter new sectors by either building on their resources or buying...

Unmasking Mutual Fund Derivative Use

4 months ago

AbstractUsing new SEC data, we study fund derivative use and its impact...

Macroprudential Regulation, Quantitative Easing, and Bank Lending

5 months ago

AbstractWe show that widely used macroprudential regulations that rely on historical cost...

The Next Chapter of Big Data in Finance

5 months ago

AbstractThe second special issue on big data in finance showcases advancements in...

Corporate Loan Spreads and Economic Activity

5 months ago

AbstractWe investigate the predictive power of loan spreads for forecasting business cycles...

Cross-Subsidization of Bad Credit in a Lending Crisis

5 months ago

AbstractWe study the corporate-loan pricing decisions of a major, systemic bank during...

Does Liquidity Management Induce Fragility in Treasury Prices? Evidence from Bond Mutual Funds

6 months ago

AbstractMutual funds investing in illiquid corporate bonds actively manage Treasury positions to...