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About the AFA

Welcome to the homepage of The American Finance Association (AFA): the premier academic organization devoted to the study and promotion of knowledge about financial economics.

The Journal of Finance Announces Search for New Editor

The current contract of the JF editorial team expires in June 2016. We regret to inform you that the editorial team has decided not to seek a renewal. The JF has been extremely fortunate to have had Ken Singleton, Bruno Biais and Michael Roberts as... read more

2015 AFA Board Meeting Summary - Now Available

The AFA Board of Directors has voted to publish a Board Meeting Summary to increase transparency of AFA governance and decisions made by the Board. The Board Meeting Summary from January 3, 2015 is now available here. We hope that... read more

Yuliy Sannikov selected as 2015 Fischer Black Prize winner

The American Finance Association’s Fischer Black Prize Committee has selected Professor Yuliy Sannikov of Princeton University, as the recipient of the 2015 Fischer Black Prize. The prize is awarded to the person under 40 whose work best exemplifies... read more

Ben Bernanke is selected as a member of the AFA Society of Fellows

The AFA announces the selection of Ben Bernanke as a member of the AFA Society of Fellows. Dr. Bernanke is a Distinguished Fellow in Residence with the Economic Studies Program at the Brookings Institution. He has served two terms as Chairman of the... read more

The AFA Celebrates its 75th Anniversary

The American Finance Association celebrated its 75th Anniversay on January 4, 2015. Please view the slide show. read more

2013 Impact Factor 6.033

The ISI Web of Knowledge impact factors were just released. For the one-year impact factor,* the Journal of Finance ranked #2 (up from #3) just behind the Journal of Economic Literature. For the five-year impact factor,** the JF ranked #3 (same as... read more

Joint Editorial on Advice for Authors

A Joint Editorial on Advice for Authors has been written by David Hirshleifer, G. William Schwert, and Kenneth J. Singleton (Editors, Review of Financial Studies, Journal of Financial Economics, and Journal of Finance), and can be viewed here. Visit... read more

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Publications

The Journal of FINANCE

The Journal of Finance

2013 Impact Factor 6.033

The Journal of Finance publishes leading research across all the major fields of financial economics. It is one of the most widely cited academic journals in economics ranking third (behind the Journal of Economic Literature and the Quarterly Journal of Economics) in five-year impact factor and third in total citations (behind the American Economic Review and Econometrica).

Rewarding Trading Skills without Inducing Gambling

  • Author(s): IGOR MAKAROV, GUILLAUME PLANTIN
  • Published on: Volume 70 Issue 3 (June 2015)

Change You Can Believe In? Hedge Fund Data Revisions

  • Author(s): ANDREW J. PATTON, TARUN RAMADORAI, MICHAEL STREATFIELD
  • Published on: Volume 70 Issue 3 (June 2015)

Defined Contribution Pension Plans: Sticky or Discerning Money?

  • Author(s): CLEMENS SIALM, LAURA T. STARKS, HANJIANG ZHANG
  • Published on: Volume 70 Issue 2 (April 2015)

Estimating Oil Risk Factors Using Information from Equity and Derivatives Markets

  • Author(s): I‐HSUAN ETHAN CHIANG, W. KEENER HUGHEN, JACOB S. SAGI
  • Published on: Volume 70 Issue 2 (April 2015)

CALL FOR PAPERS

  • Author(s):
  • Published on: Volume 70 Issue 2 (April 2015)

Anchoring on Credit Spreads

  • Author(s): CASEY DOUGAL, JOSEPH ENGELBERG, CHRISTOPHER A. PARSONS, EDWARD D. VAN WESEP
  • Published on: Volume 70 Issue 3 (June 2015)

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Forthcoming Articles

The Impact of Incentives and Communication Costs on Information Production and Use: Evidence from Bank Lending

  • Author(s): JUN (QJ) QIAN, PHILIP E. STRAHAN, ZHISHU YANG

Outsourcing in the International Mutual Fund Industry: An Equilibrium View

  • Author(s): OLEG CHUPRININ, MASSIMO MASSA, DAVID SCHUMACHER

Transparency in the Financial System: Rollover Risk and Crises

  • Author(s): MATTHIEU BOUVARD, PIERRE CHAIGNEAU, ADOLFO MOTTA

A Comparative‐Advantage Approach to Government Debt Maturity

  • Author(s): ROBIN GREENWOOD, SAMUEL G. HANSON, JEREMY C. STEIN

Investment Decisions of Nonprofit Firms: Evidence from Hospitals

  • Author(s): MANUEL ADELINO, KATHARINA LEWELLEN, ANANT SUNDARAM

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Events

Call for Papers - Journal of Financial Innovation

  • Date: October 21, 2014 - October 21, 2015
  • Location: Sao Paulo-Brazil

Submission must be well researched, informed and demonstrate familiarity with the relevant literature, concept, applied and...

Call for Papers: 24th Mitsui Finance Symposium

  • Date: November 04, 2014 - May 31, 2015
  • Location: Traverse City, Michigan, USA

The University of Michigan’s Mitsui Life Financial Research Center is organizing the 24th Mitsui Finance Symposium: Financial...

Special Issue - Financial Monitoring and its Consequences

  • Date: December 17, 2014 - May 31, 2015
  • Location: International Journal of Managerial Finance

Guest Editor: Lynnette Purda, Queen's University. The behavior and performance of corporations and financial institutions...

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Careers in Finance

Finance Opportunities

  • Location: Redmond, WA; Mountain View, CA; Sunnyvale, CA; San Francisco, CA; Chicago, IL; Downers Grove, IL

Microsoft Corporation currently has the following openings (job opportunities available at all levels, including Principal,...

Instructor Position in Finance,...

  • Location: Calgary, Alberta Canada

The Haskayne School of Business at the University of Calgary is seeking qualified candidates to fill a Limited Term (three year)...

Nalley Distinguished Chair of...

  • Location: Athens, GA

The Terry College of Business at the University of Georgia seeks qualified applicants for the Nalley Distinguished Chair of...

THE PROFESSORSHIP OF FINANCE

  • Location: Cambridge

The Board of Electors to the Professorship of Finance invite applications for this Professorship from persons whose work is...

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