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The Journal of Finance

The Journal of the American Finance Association

Edited by:
Campbell R. Harvey


ISI Journal Citation Reports® Ranking: 2008: 1/48 Business, Finance
Impact Factor: 4.018


The Journal of Finance publishes leading research across all the major fields of financial research. It is the most widely cited academic journal on finance. Each issue of the journal reaches over 8,000 academics, finance professionals, libraries, government and financial institutions around the world. Published six times a year, the journal is the official publication of The American Finance Association, the premier academic organization devoted to the study and promotion of knowledge about financial economics.

TopNews and Announcements

Free online access to this journal is available within institutions in the developing world through the AGORA Initiative with the Food and Agriculture Organization of the United Nations (FAO).

Online production tracking now available through Author Services!
Visit the Author Services website for a wealth of information for all authors plus online production tracking for your article. Authors of articles in the Journal of Finance can register to:
• track the production status of their article online
• choose to receive e-mail alerts on article status
• get free access to their article when it is published online

In addition, all authors visiting the site can access information and tips on:
• Article preparation
• Article submission
• Electronic artwork details
• And more features added over time!

NIH Public Access Mandate
For those interested in the Wiley-Blackwell policy on the NIH Public Access Mandate, please visit our policy statement.

TopHighlights

  • Have Individual Stocks Become More Volatile? An Empirical Exploration of Idiosyncratic Risk
    John Y. Campbell, Martin Lettau, Burton Malkiel, and Yexiao Xu
  • Conflicts of Interest and Market Illiquidity in Bankruptcy Auctions: Theory and Tests
    Per Strömberg
  • A Theory of Bank Capital
    Douglas W. Diamond and Raghuram G. Rajan
  • How Big are the Tax Benefits of Debt?
    John R. Graham
  • What Makes Investors Trade?
    Mark Grinblatt and Matti Keloharju
  • LAPM: A Liquidity-Base Asset Pricing Model
  • Should Investors Avoid All Actively Managed Mutual Funds? A Study in Bayesian Performance Evaluation
    Klaas P. Baks, Andrew Metrick and Jessica Wachter
  • Foreign Speculators and Emerging Equity Markets
    Geert Bekaert and Campbell R. Harvey
  • Agency Problems and Dividend Policies around the World
    Rafael La Porta, Florencio Lopez-De-Silanes, Andrei Shleifer, and Robert W. Vishny