Volume 165, 2025
1. Self-Declared benchmarks and fund manager intent: “Cheating” or competing?
Huaizhi Chen, Richard Evans, Yang Sun
2. Q: Risk, rents, or growth?
Alexandre Corhay, Howard Kung, Lukas Schmid
3. Yield drifts when issuance comes before macro news
Dong Lou, Gabor Pinter, Semih Üslü, Danny Walker
4. Fed information effects: Evidence from the equity term structure
Benjamin Golez, Ben Matthies
5. Optimal illiquidity
John Beshears, James J. Choi, Christopher Clayton, Christopher Harris, … Brigitte C. Madrian
6. Asymmetric information, disagreement, and the valuation of debt and equity
Snehal Banerjee, Bradyn Breon-Drish, Kevin Smith
7. The volatility puzzle of the beta anomaly
Pedro Barroso, Andrew Detzel, Paulo Maio
8. ESG: A panacea for market power?
Philip Bond, Doron Levit