Kaniel journal of financial economics 101 2011 264296 265 model. At the date of this report, the duration of the lockdown, as well as how the recovery will take place is still unknown. The case of discount dividendreinvestment and stockpurchase plans pp. We appreciate the able research assistance of dan nunn. See bollerslev, chou, and kroner 1992 for an early survey. Typical areas of interest include foundational issues in asset pricing, financial markets equilibrium, insurance models, portfolio management, quantitative risk management, intertemporal economics. The journal of financial economic policy provides the forum to satisfy this need. Journal of financial economics 119 2016 92106 walkling, 1987 and in the long run loughran and vijh, 1997 and not only for the acquirer but also for the target. Jensen papers or famadfa papers according to the latest issue of journal citation reports, the jfe ranked fourth among finance journals in 2018. Journal of financial economics princeton university.
Glode journal of financial economics 99 2011 546559 547 papers postulate, explicitly or not, that unconditional performance measures understate the value actively. From elsevier bibliographic data for series maintained by dana niculescu. Specializing in mathematical economic theory, journal of economics focuses on microeconomic theory while also publishing papers on macroeconomic topics as well as econometric case studies of general interest. Yannelis journal of financial economics 1 2019 119 11 table 4 main results. Articles from oxford journals economics titles are classified according to the. These articles can be accessed over the world wide web www from any computer where the institution has an institutional subscription to the jfe. Financial crises have long been a recurring phenomenon. Journal of financial economics instructions for preparing electronic documents electronic submissions must be submitted as email attachments in the form of microsoft word or pdf files send to jfe email. Their vision for the jfe as an outlet for timely, relevant, high quality scientific research in financial economics has.
Journal of financial economics 121 2016 3924 our evidence suggests that the risk tolerance chan nel contributes to the behavior of. This paper documents large crosscountry variation in the relationship between bank competition and bank stability and explores market, regulatory and. Journal of financial economics 121 2016 3924 393 considered but rejected. Jan 19, 2017 four out of every seven common stocks that have appeared in the crsp database since 1926 have lifetime buyandhold returns less than onemonth treasuries. The aim of this new journal is to reconcile these two approaches and to provide the bridging links between mathematics, economics and finance. Viswanathan journal of financial economics 109 20 466492 467. Berk and green 2004, i allow the fund manager in my model to generate active returns that depend on the state. Journal of financial economics volume 88, issue 1, april 2008 issn 0304405x managing editor. The most downloaded articles from journal of financial economics in the last 90 days. For a paper to be published in the journal of financial. Journal of financial economic policy request pdf researchgate. Both papers propose nonparametric estimators of the leverage effect and develop the asymptotic theory for their respective. Journal of financial economics status of the 143 papers accepted for future publication in the jfe progress authors and title accept outright datesent to. Journal of financial economics northwestern university.
Hence, this pattern of required returns is likely driven by a common economic cause, and our funding constraint model provides one such unified explanation. Using salient measures of loan risk, available to the o. Journal of financial economics ross school of business. Economics it has to make a significant contribution relative to the existing literature.
The importance of this crisis was underscored by the economist 2009 of all the economic bubbles that have been pricked, few have burst more spectacularly than the reputation of economics itself. Recently published articles from journal of financial economics. Sosyura journal of financial economics 106 2012 2448 25 are associated with the decision to apply for cpp, a result consistent with the wide awareness of the program and. Econpapers provides access to repec, the worlds largest collection of online economics working papers, journal articles and software. Xiong journal of financial economics 107 20 239258. Clinical papers and their role in the development of financial economics pp. Narj has been successful in providing an outlet for the researchers from malaysia to report their research findings since 2003. Pedersen page 4 security market line is not isolated to the u. Aggregate shocks affect all banks the same way, whether they operate in a single or in multiple markets. Mar 23, 2020 the report shows the economic effects of outbreak are currently being underestimated, due to overreliance on historical comparisons with sars, or the 20082009 financial crisis. These articles can be accessed over the world wide web www from any computer where the institution has.
The economic journal is one of the founding journals of modern economics first published in 1891. The impact factor measures the average number of citations received in a particular year by papers published in the journal during the. The recent subprime lending crisis commenced with little warning and deepened quickly. Northholland makes individual articles from the jfe available in adobes portable document format pdf. Harvey, and roni michaely, journal of financial economics 773, september 2005. Saidi journal of financial economics 128 2018 6685 fig.
Emerald journal of financial reporting and accounting. Green journal of financial economics 117 2015 398423 399. However, when banks face idiosyn cratic lending shocks and operate in multiple states, their capital. In press, journal preproof, available online april 2020. In short, any sort of capital market access can be used to adjust leverage, if the. The winner of the economic papers 2018 best paper prize was. Data for the 5 16 papers published in volumes l30 of the journal of financial economics in the period 197491 are analyzed. Regular supplementary volumes are devoted to topics of central importance to both modern theoretical research and present economic reality. A student loan goes into default if it is more than 270 days past due. Journal of financial economics 120 2016 464490 rolling continuous and jump beta estimation, as a way to guard against nonsynchronous trading effects and other market microstructure complications that arise at the high.
It provides a specialized forum for the publication of research in the area of financial economics and the theory of the firm, placing primary emphasis on. Fama, as advisory editor, have served the journal from its inception. Publishes research in financial econometrics and addresses substantive statistical. In contrast to these earlier papers, where derivatives complete the market by allowing investors to trade new sources of risk, we show that the presence of a derivative. It provides a specialized forum for the publication of research in the area of financial economics and the theory of the firm, placing primary emphasis on the highest quality analytical, empirical, and clinical contributions in the following. A key insight of our model is that there is a trade off between ex post investment ef. The second cognitive process that, in our view, under. The aim of the journal of banking and finance is to provide an outlet for the increasing flow of scholarly research concerning financial institutions and. The journal publishes and invites concise papers to enable a prompt response to current and emerging policy affairs. Journal of financial economics 125 2017 125 3 on house price comovement. Journal of financial economics status of the 143 papers accepted for future publication in the jfe progress author s and title accept outright datesent to copy editor sent to author for copy changes sent to publisheraccepted with revision date decision date paper 1s. Emerald journal of financial economic policy information.
Past articles and forthcoming papers the journal of financial. Journal of financial economics 120 2016 464490 465 more recent empirical evidence pertaining to the equity risk premium and the pricing of risk at the aggregate mar ket level suggests that the expected return variation asso ciated with discontinuous price moves, or jumps, is priced. The report shows the economic effects of outbreak are currently being underestimated, due to overreliance on historical comparisons with sars, or the 20082009 financial crisis. Journal of financial economics fuqua school of business. Schwert, clifford smith and jerold warner decentralized investment banking. The journal of banking and finance jbf publishes theoretical and empirical research papers spanning all the major research fields in finance and banking. We focus mainly on primary papers, rather than surveys. Download the understanding the publishing process pdf. Most downloaded journal of financial economics articles. Viswanathan journal of financial economics 109 20 466492 467 our paper is part of a recent and growing literature which considers dynamic incentive problems as the main. Download pdf \payout policy in the 21st century, with john r.
The journal remains one of the top journals in the profession and provides a platform for high quality, innovative, and imaginative economic research, publishing papers in all fields of economics for a broad international readership. Articles in press latest issue article collections all issues. Explore index fund advisors collection of academic papers on investment strategies and market research. Most downloaded journal of financial economics articles elsevier. Recent journal of financial economics articles elsevier.
In addition to the papers above, brown and cliff 2004, lemmon and portniaguina 2006, qiu and welch 2004, and other papers have found evidence for a role of investor sentiment in u. Within the journal literature, we aim to cover key topics in and contributors to the economic debate on sustainability. Other papers that look at the securitization of corporate loans include ivashina and sun 2011a and nadauld and weisbach. Jensen prize for the best corporate nance paper published in the journal of financial economics. Journal of banking and financial economics wz uw uniwersytet. Reprint in the icfai journal of behavioral finance 1 3 2004. The journal of financial reporting and accounting jfra is a successor to national accounting research journal narj, supervised by accounting research institute and faculty of accountancy, university technology mara, malaysia.
Third, while sentiment is one of the most volatile personal traits, it is hard to measure at the time of the agents decision and to separate from the confounding economic factors. It provides a specialized forum for the publication of research in the area of financial economics and the theory of the firm, placing primary. The short run impact of penalty rate cuts on employment outcomes in retail and hospitality sectors in australia by martin obrien, raymond markey and eduardo pol. However, these relations seem to have dissipated since the passage of the sarbanesoxley act, suggesting that earnings management has decreased or that. Journal of financial economics papers by providing free copying. Related studies include the development of nonpara. Zhu journal of financial economics 128 2018 103124 interest rates following the. The journal of financial economics at northholland northholland makes individual articles from the jfe available in adobes portable document format pdf. Pdf clinical papers and their role in the development of financial. Tippie college of business, university of iowa, 108 pbb, iowa city, ia 52242, usa b gatton college of business and economics, university of kentucky, 445k gatton college, lexington, ky 40506, usa article info article history.
516 1193 1325 279 635 857 1387 593 200 144 1043 921 639 480 764 486 1389 838 169 1081 875 118 608 1447 1511 483 375 325 43 914 312 1165 432 1097 51 1159 1355 725 579 1499