Winners of the RAPS Awards

The winners of the annual RAPS Awards were announced at SFS Cavalcade North America 2023. We are pleased to share the winners:

Best Paper Award
“Inventory-Constrained Underwriters and Corporate Bond Offerings”
Florian Nagler and Giorgio Ottonello
Prize: $10,000

Referee of the Year
Yukun Liu
Prize: $1000

Rising Scholar Award
“What Drives the Size and Value Factors?”
Jiacui Li
Prize: $5000

Congratulations to all our award winners!

Forthcoming Paper

“Unconventional monetary policies and the yield curve: Estimating non-affine term structure models with unspanned macro risk by factor extraction” by Adam Golinski and Peter Spencer