The Editor’s Choice paper for December 2018 (issue 8/2) is “Option Valuation with Volatility Components, Fat Tails, and Nonmonotonic Pricing Kernels” by Kadir Babaoğlu, Peter Christoffersen, Steven Heston, and Kris Jacobs. You can read the article free online here.
The SFS Cavalcade North America 2019 submission period is now open. To submit, please visit SFS Cavalcade North America 2019. The deadline for submissions is December 7, 2018.
Dual Submission: The Cavalcade features dual submission with the Review of Asset Pricing Studies and the Review of Corporate Finance Studies. Details are available at SFS Cavalcade North America 2019.
Reminder for doctoral students: For papers in which ALL co-authors are doctoral students, the submission fee is waived.
The position of Part-Time Data Collection Assistant has been filled. Thank you to everyone who submitted a resume.
In 2018, RAPS presented their first Rising Scholar Award. The $5000 prize is awarded to a paper that was published in RAPS in which no author on the paper received either their current academic appointment or most recent Ph.D. more than 6 years prior to when the paper was submitted to RAPS. Is your paper eligible? Check the requirements and if you are eligible, remember to select “Rising Scholar” as your paper type when you submit to RAPS.
The Society of Financial Studies has a part-time opening for a data collection assistant. Typical hours would be approximately 10 hours per week, but you would have the flexibility to work where you wish and when you wish. Internet access is required. Some familiarity with finance journals and papers is preferred. This position pays $20 per hour. To be considered, please send a CV/resume to firstname.lastname@example.org by October 31, 2018.
Congratulations to Professor Amir Yaron, who has been named as the next Bank of Israel governor. Amir served as an Editor of RAPS from 2011-2015 and was also the Chair of the 2018 SFS Cavalcade North America. We wish him the best of luck in his new role.
“The Unexpected Activeness of Passive Investors: A World-Wide Analysis of ETFs” by Si Cheng, Massimo Massa, and Hong Zhang
“Real Exchange Rates and Currency Risk Premia” by Pierluigi Balduzzi and I-Hsuan Ethan Chiang
“A Fresh Look at Return Predictability Using a More Efficient Estimator” by Travis Johnson
Following the success of the first RCFS conference last year, the Society for Financial Studies is hosting a joint RCFS/RAPS conference at Nassau in the Bahamas from February 15 to 17, 2019. The sponsoring editors are: (RCFS) Andrew Ellul, Isil Erel, Gregor Matvos, Uday Rajan, and (RAPS) Jeffrey Pontiff, Hui Chen, Thierry Foucault, and Nikolai Roussanov. The submission period is September 7 – November 1, 2018. The Call for Papers may be viewed here.
“Relative Tick Size and the Trading Environment” by Maureen O’Hara, Gideon Saar, and Zhuo Zhong