News Archive - Page 2 of 17 - The American Finance Association

Inaugural Rick Green Prize awarded to Indira Puri

The AFA is pleased to congratulate Indira Puri, the inaugural recipient of the Rick Green Prize, for her paper “Simplicity and Risk”, published in the April 2025 issue of the Journal of Finance.

Indira Puri is an Assistant Professor of Finance at the NYU Stern School of Business and a Faculty Affiliate in the NYU Department of Economics. Her research examines decision-making in financial markets, with a particular focus on revisiting foundational results in finance. Puri earned a B.A.S. in Mathematics and Economics from Stanford University in 2017, an M.S. in Computer Science from Stanford in 2019, and a Ph.D. in Economics from MIT in 2023. She has received numerous honors, including the Yuki Arai Prize, the Top Finance Graduate Award, and the Paul & Daisy Soros Fellowship.

The Rick Green Prize promotes the work of early-career researchers. The prize is dedicated to Rick Green, an esteemed former editor of the Journal of Finance known for his unwavering support of students and junior faculty. Eligible papers are those published in the Journal of Finance where all researchers are less than 7 years out from their PhD graduation at the time of paper submission. The prize is awarded annually.

Congratulations to the 2025 Journal of Finance Prize Winners

Dimensional Fund Advisors Prize

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.

Brattle Group Prize

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.