News Archive - The American Finance Association

Congratulations to the 2025 Journal of Finance Prize Winners

First Prize to Sylvain Catherine, Max Miller, and Natasha Sarin for Social Security and Trends in Wealth Inequality in the June issue.
Distinguished Paper to Christopher Schwarz, Brad Barber, Xing Huang, Philippe Jorion, and Terrance Odean for The “Actual Retail Price” of Equity Trades in the October issue.
Distinguished Paper to Ran Duchin, Janet Gao, and Qiping Xu for Sustainability or Greenwashing: Evidence from the Asset Market for Industrial Pollution in the April issue.

First Prize to Julia Fonseca and Lu Liu for Mortgage Lock‐In, Mobility, and Labor Reallocation in the December 2024 issue.
Distinguished Paper to Gerard Hoberg and Gordon M. Phillips for Scope, Scale, and Concentration: The 21st‐Century Firm in the February issue.
Distinguished Paper to Joseph Kalmenovitz, Michelle Lowry, and Ekaterina Volkova for Regulatory Fragmentation in the April issue.

Jay Ritter selected as new AFA Fellow

The American Finance Association is pleased to announce that Professor Jay Ritter has been named the 2026 Fellow of the American Finance Association, one of the Association’s highest honors recognizing individuals who have made distinguished and lasting contributions to the field of finance. Professor Ritter earned his bachelor’s, master’s, and PhD degrees from the University of Chicago and, until transitioning to emeritus status in 2024, served as the Joseph B. Cordell Eminent Scholar at the University of Florida; he now directs the IPO Initiative at the University’s Warrington College of Business. With more than 61,000 citations, his research has profoundly influenced both academic scholarship and practice, spanning topics such as capital formation, IPO underpricing and long-run performance, investment banking, capital structure, behavioral finance, and market anomalies. Widely known as “Mr. IPO,” Professor Ritter is also recognized for his exceptional service to the profession, including the creation and ongoing maintenance of a publicly accessible IPO data resource that has supported countless academic studies, dissertations, policy analyses, and media reports, as well as his mentorship of generations of students and scholars worldwide.

Journal of Finance: Insights and Perspectives – Submission Portal Now Open

The Journal of Finance: Insights and Perspectives publishes leading research across all the major fields of financial research. Insights articles are of the same quality and importance as those in the Journal of Finance when their key insight can be conveyed succinctly. Perspectives articles synthesize active lines of research and outline promising future research directions. The journal will publish four issues per year on a broad range of topics. We look forward to reading your submissions soon.

Submission Guidelines

Overview and Editorial Board

AFA 2025 Election Results

Congratulations to the officers and directors elected in the AFA 2025 election:

President: Wei Jiang,
President Elect and 2027 Program Chair: Sydney Ludvigson,
Vice President: Andrea Eisfeldt,
Directors: Mariassunta Giannetti, Xavier Giroud, and Hanno Lustig.

AFA Elections

The 2025 AFA elections are open through Friday, November 14^th. All voting-eligible members were sent a link to the ballot via email on October 16th. If you joined or renewed your membership after that date, or if you did not receive the ballot email but believe that you should have, please contact info@afajof.org. Note that student members and individuals with a Worldwide Directory of Finance Faculty listing, but without a current, paid membership, are not eligible to vote.

The 2025 election ballot provides an opportunity to:

Vote for incoming Officers and Directors
Suggest names for future elections and AFA committees

Thank you for your membership and participation in the AFA. Be sure to cast your ballot by Friday, November 14^th, 2025.