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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.

José A. Scheinkman is elected as new AFA Fellow

The AFA announced the selection of José A. Scheinkman as a member of the AFA Society of Fellows at the annual meeting in Chicago. José Scheinkman is the Charles and Lynn Zhang Professor of Economics at Columbia University, Theodore A. Wells ‘29... read more

Amir Sufi selected as 2017 Fischer Black Prize winner

The American Finance Association’s 2017 Fischer Black Prize is awarded to Professor Amir Sufi of the University of Chicago. The prize is awarded to the person under 40 whose work best exemplifies the Fischer Black hallmark of developing original... read more

Watch the 2017 Presidential Address

Campbell Harvey delivered the 2017 Presidential Address, “The Scientific Outlook in Financial Economics,” at the American Finance Association Annual Meeting in Chicago, IL on January 7, 2017. Please view the 2017 Presidential Address here. For the... read more

AFA Code of Professional Conduct and Ethics

The AFA Code of Professional Conduct and Ethics is a statement of the values of our profession. The Code was approved by the AFA Board in September 2016. Dear Member of the American Finance Association: In January 2015, the Board of Directors of... 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

2015 Impact Factor 5.105

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).

Formative Experiences and Portfolio Choice: Evidence from the Finnish Great Depression

  • Author(s): SAMULI KNÜPFER, ELIAS RANTAPUSKA, MATTI SARVIMÄKI
  • Published on: Volume 72 Issue 1 (February 2017)

Linear‐Rational Term Structure Models

  • Author(s): DAMIR FILIPOVIĆ, MARTIN LARSSON, ANDERS B. TROLLE
  • Published on: The Journal of Finance - Accepted Articles

Asset Pricing without Garbage

  • Author(s): TIM A. KROENCKE
  • Published on: Volume 72 Issue 1 (February 2017)

On the Foundations of Corporate Social Responsibility

  • Author(s): HAO LIANG, LUC RENNEBOOG
  • Published on: The Journal of Finance - Accepted Articles

Reverse Mortgage Loans: A Quantitative Analysis

  • Author(s): MAKOTO NAKAJIMA, IRINA A. TELYUKOVA
  • Published on: The Journal of Finance - Accepted Articles

Asset Pricing with Countercyclical Household Consumption Risk

  • Author(s): GEORGE M. CONSTANTINIDES, ANISHA GHOSH
  • Published on: Volume 72 Issue 1 (February 2017)

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Forthcoming Articles

Bank Leverage and Monetary Policy's Risk‐Taking Channel: Evidence from the United States

  • Author(s): GIOVANNI DELL'ARICCIA, LUC LAEVEN, GUSTAVO A. SUAREZ

Before an Analyst Becomes an Analyst: Does Industry Experience Matter?

  • Author(s): DANIEL BRADLEY, SINAN GOKKAYA, XI LIU

Attracting Early‐Stage Investors: Evidence from a Randomized Field Experiment

  • Author(s): SHAI BERNSTEIN, ARTHUR KORTEWEG, KEVIN LAWS

On the Foundations of Corporate Social Responsibility

  • Author(s): HAO LIANG, LUC RENNEBOOG

Reverse Mortgage Loans: A Quantitative Analysis

  • Author(s): MAKOTO NAKAJIMA, IRINA A. TELYUKOVA

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Events

2017 FMA Applied Finance Conference

  • Date: September 15, 2016 - May 12, 2017
  • Location: New York, New York

The Seventh Annual Applied Finance Conference of the Financial Management Association International (FMA) will be held...

2017 FMA Applied Finance Conference

  • Date: September 15, 2016 - May 12, 2017
  • Location: New York, New York

The Seventh Annual Applied Finance Conference of the Financial Management Association International (FMA) will be held...

2017 FMA Asia/Pacific Conference

  • Date: September 15, 2016 - May 26, 2017
  • Location: Taipei, Taiwan

FMA International is pleased to announce its Ninth Annual Asia/Pacific Meeting in Taipei, Taiwan. Continuing the successful...

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Careers in Finance

Assistant Professor – Finance /...

  • Location: Mississauga, Ontario, Canada

The Department of Management and the Institute for Management & Innovation (IMI) at the University of Toronto Mississauga...

Assistant/Associate/Full/Senior...

  • Salary: Competitive
  • Location: Peking University HSBC Business School, University Town, Nanshan District, Shenzhen, 518055, China.

 A qualified junior applicant should have a Ph.D. or is expected to receive one before July 2016. Senior applicants are...

Assistant/Associate/Full Professor...

  • Location: South Kensington, London

Assistant/Associate/Full Professor in Finance - ICBS 2015 042 Imperial College Business School Competitive Salary Imperial...

Assistant Professor Positions in...

  • Location: Santiago, Chile

The Universidad Catolica Graduate School of Business in Santiago, Chile, invites applications for tenure-track positions...

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