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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.

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

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).

Retail Financial Advice: Does One Size Fit All?

  • Author(s): STEPHEN FOERSTER, JUHANI T. LINNAINMAA, BRIAN T. MELZER, ALESSANDRO PREVITERO
  • Published on: The Journal of Finance - Accepted Articles

AMUNDI SMITH BREEDEN PRIZES FOR 2016

  • Author(s):
  • Published on: Volume 72 Issue 2 (April 2017)

Firm Age, Investment Opportunities, and Job Creation

  • Author(s): MANUEL ADELINO, SONG MA, DAVID ROBINSON
  • Published on: The Journal of Finance - Early View Articles

Correlated Default and Financial Intermediation

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

ISSUE INFORMATION BM

  • Author(s):
  • Published on: Volume 72 Issue 2 (April 2017)

Politically Connected Private Equity and Employment

  • Author(s): MARA FACCIO, HUNG‐CHIA HSU
  • Published on: Volume 72 Issue 2 (April 2017)

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Forthcoming Articles

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

  • Author(s): MAURICIO LARRAIN, SEBASTIAN STUMPNER

Forced Asset Sales and the Concentration of Outstanding Debt: Evidence from the Mortgage Market

  • Author(s): GIOVANNI FAVARA, MARIASSUNTA GIANNETTI

Finance and Growth at the Firm Level: Evidence from SBA Loans

  • Author(s): J. DAVID BROWN, JOHN S. EARLE

Term Structure of Consumption Risk Premia in the Cross Section of Currency Returns

  • Author(s): IRINA ZVIADADZE

Income Insurance and the Equilibrium Term Structure of Equity

  • Author(s): ROBERTO MARFÈ

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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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