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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.

2016 Impact Factor 6.043

The 2016 ISI Web of Knowledge impact factors were just released. The Journal of Finance has a two-year impact factor* of 6.043. The JF is the 2nd highest impact journal in the Economics JCR Category behind The Quarterly Journal of Economics. For the... read more

AFA Ph.D. Poster Session Information

The AFA will again host a Ph.D. Student Poster Session as part of the 2018 Annual Meeting to be held in Philadelphia, Pennsylvania. Submissions for the Poster Session will be allowed from June 1st - July 1st, 2017 through the Conference Maker... read more

Sad News -- Steve Ross Passes Away

We are very saddened to report that Steve Ross, one of the preeminent financial economists of our time, died suddenly March 3rd of a heart attack at his home in Connecticut. Steve was a past president of the AFA, an inaugural Fellow of the AFA, and... read more

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

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Publications

The Journal of FINANCE

The Journal of Finance

2016 Impact Factor 6.043

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 second (behind the Quarterly Journal of Economics) in five-year impact factor and second in total citations (behind the American Economic Review).

On The Origins of Risk‐Taking in Financial Markets

  • Author(s): SANDRA E. BLACK, PAUL J. DEVEREUX, PETTER LUNDBORG, KAVEH MAJLESI
  • Published on: The Journal of Finance - Accepted Articles

Consumer Ruthlessness and Mortgage Default during the 2007 to 2009 Housing Bust

  • Author(s): NEIL BHUTTA, JANE DOKKO, HUI SHAN
  • Published on: The Journal of Finance - Accepted Articles

José Alexandre Scheinkman

  • Author(s):
  • Published on: Volume 72 Issue 3 (June 2017)

ISSUE INFORMATION FM

  • Author(s):
  • Published on: Volume 72 Issue 3 (June 2017)

Advance Refundings of Municipal Bonds

  • Author(s): ANDREW ANG, RICHARD C. GREEN, FRANCIS A. LONGSTAFF, YUHANG XING
  • Published on: The Journal of Finance - Early View Articles

What Drives the Cross‐Section of Credit Spreads?: A Variance Decomposition Approach

  • Author(s): YOSHIO NOZAWA
  • Published on: The Journal of Finance - Early View Articles

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Forthcoming Articles

Capital Account Liberalization and Aggregate Productivity: The Role of Firm Capital Allocation

  • Author(s): MAURICIO LARRAIN, SEBASTIAN STUMPNER

Social Capital, Trust, and Firm Performance: The Value of Corporate Social Responsibility during the Financial Crisis

  • Author(s): KARL V. LINS, HENRI SERVAES, ANE TAMAYO

The Downside of Asset Screening for Market Liquidity

  • Author(s): VICTORIA VANASCO

Consumer Ruthlessness and Mortgage Default during the 2007 to 2009 Housing Bust

  • Author(s): NEIL BHUTTA, JANE DOKKO, HUI SHAN

The Front Men of Wall Street: The Role of CDO Collateral Managers in the CDO Boom and Bust

  • Author(s): Sergey Chernenko

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Events

2017 FMA European Conference

  • Date: September 15, 2016 - June 23, 2017
  • Location: Lisbon, Portugal

The Twenty-First Annual European Conference of the Financial Management Association International (FMA) will be held 22 - 23...

PCAOB Economic Research Fellowships for 2017-2018

  • Date: October 17, 2016 - July 02, 2018
  • Location: Washington, D.C

Interested candidates must submit the following information to CEA_Fellows@pcaobus.org: 1. A curriculum vitae. 2. A cover...

ICSD 2017 : 5th International Conference on Sustainable Development,Rome, Italy

  • Date: October 25, 2016 - September 07, 2017
  • Location: Rome, Italy

ECSDEV in collaboration with CIT University will organize the 5th ICSD 2017 Rome, Italy in the days: Wednesday 6 to Thursday...

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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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