SFS Cavalcade Asia-Pacific, which was to take place December 11-13, 2020, will be postponed to 2021 due to COVID-19. We thank the hosts, Chinese University of Hong Kong, Shenzhen, and Shenzhen Finance Institute, for their flexibility.
Editorial Team Updates
Dimitri Vayanos and Clemens Sialm have been renewed for 3-year terms as associate editors. We thank Pietro Veronesi, who is retiring as an associate editor.
Winners of the RAPS Awards
The winners of the annual RAPS Awards were announced at the virtual Awards Reception on May 26 as part of the Cavalcade. We are pleased to share the winners:
Best Paper Award
“A Fresh Look at Return Predictability Using a More Efficient Estimator”
Travis Johnson
Prize: $10,000
Referee of the Year
Svetlana Bryzgalova
Prize: $1000
Rising Scholar Award
“Quantitative Easing and Equity Prices: Evidence from the ETF Program of the Bank of Japan”
Andrea Barbon and Virginia Gianinazzi
Prize: $5000
Congratulations to all our award winners!
Forthcoming Paper
“Rethinking Production Under Uncertainty” by John H. Cochrane
Cavalcade Keynotes
Don’t miss the keynote speeches at next week’s virtual Cavalcade:
Tuesday May 26, 3:45pm RAPS Keynote by Campbell Harvey (Duke), “Tortured Data”
Wednesday May 27, 12pm Cavalcade Keynote by Antoinette Schoar (MIT), “Consumer Financial Protection as Whack-a-mole”
Wednesday May 27, 3:45pm RCFS Keynote: Thomas Philippon (NYU), “Efficient Programs to Support Businesses during Crises”
Thursday May 28, 12pm Keynote by Amir Yaron (Bank of Israel, University of Pennsylvania)
All times are in EDT.
RAPS Call for Papers: COVID-19 and Financial Markets
The editors of the Review of Asset Pricing Studies invite submissions of papers related to the COVID-19 pandemic, financial markets, and asset pricing for a special issue that will be published in 2020. All subscribers to RAPS will receive the special issue at no extra cost. The issue will include an introduction by Lars Peter Hansen.
We seek impactful papers that will provide foundations for future financial COVID-19 research.
The deadline to submit papers is June 6, 2020. The submission fee will be waived. Submitted papers must be unpublished and not currently under review. Please submit your paper via our website, http://sfsraps.org/submit-a-paper/, and select the submission option “Special Issue.” You may select the payment waiver “Paper was “invited” (solicited for submission) by an editor.”
To achieve our goal of publishing a slate of impactful papers on financial markets, selection will be stringent and the desk rejection rate is likely to be high. As such, desk rejected papers for the special issue may be later resubmitted to RAPS for consideration without prejudice.
Editor’s Choice
The Editor’s Choice article for RAPS 10(2) is “An Evaluation of Alternative Multiple Testing Methods for Finance Applications” by Campbell R. Harvey, Yan Liu, and Alessio Saretto. You can read the article free online here.
Webinar: An Evaluation of the Fed-Treasury Credit Programs
On Monday, May 11 at 12:30 PM EST, Jeremy Stein will join a webinar, co-hosted by the Princeton Bendheim Center for Finance and the Society for Financial Studies, on the COVID-19 credit programs recently implemented by the Federal Reserve and the U.S. Treasury. Stein is a Professor of Economics at Harvard University and a former Governor of the Federal Reserve.
The event will begin with a brief discussion by Markus Brunnermeier, Director of the Princeton Bendheim Center for Finance. Stein will then present. Both Brunnermeier and Stein will take questions from the audience throughout the event.
Forthcoming Paper
“Why do Short Selling Bans Increase Adverse Selection and Decrease Price Efficiency?” by Peter Nephi Dixon
Registration is Open for Virtual Cavalcade
Registration for the virtual SFS Cavalcade North America 2020 conference is now open on the Cavalcade web site. Registration is free. Please make sure to register using your academic email address. The conference will take place May 25-28, 2020, hosted by the Kelley School of Business at Indiana University. Register by May 20.
