Review Policy

Our goals are to provide timely, high quality reviews by referees that are highly qualified to evaluate the particular submission and to maintain a transparent review process.

    • Turn-around time: If we take over 120 days to make a decision we will refund your submission fee in full. Please keep in mind that if you paid the $300 nonmember fee, you will receive $240 as your refund; the $60 is not refunded and instead gives you a one-year membership to the Society for Financial Studies. Turn-around statistics are maintained on the journal’s web page.
    • Revision rounds: Our goal is to have a final decision on a manuscript in two rounds. This is a goal, not a promise, as individual circumstances may require more than two rounds.
    • Desk Rejections: The Editor-in-Charge will “desk reject” some papers that he or she thinks are very unlikely to be published in RAPS. If your paper is desk rejected, the journal will refund $100 of your submission fee, but you will not receive a referee report. A fast desk rejection allows you to move on to another journal without wasting time when the final outcome is clearly going to be a rejection. On occasion the Editor-in-Charge may recommend another outlet.
    • Solicitations: The Editorial board of RAPS will occasionally solicit papers that are potentially attractive to the journal. A solicited paper will be handled in exactly the same fashion as a submitted paper, except that there will be no submission fee.

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