Editors

Institution: All UCLACarnegie Mellon UniversityUniversity of PennsylvaniaNorthwestern UniversityCornell UniversityLondon Business SchoolStamford UniversityUniversity of ChicagoColumbia UniversityWashington University in St. LouisHarvard Business SchoolUniversity of MarylandUniversity of RochesterUniversity of California, DavisStanford UniversityInterdisciplinary Center (IDC), HerzliyaUniversity of California, Los AngelesIndiana UniversityInstitut d'Economie IndustrielleCalifornia Institute of TechnologyUniversity of MinnesotaPrinceton UniversityUniversity of IllinoisBoston CollegeEmory UniversityVanderbilt UniversityUniversity of California, BerkeleyUniversity of ChicagoBoston UniversityGroupe HECDartmouth CollegeMassachusetts Institute of TechnologyINSEADUniversity of British ColumbiaDuke UniversityUniversity of Southern CaliforniaNew York UniversityUniversity of ArizonaHebrew UniversityTel-Aviv UniversityUniversity of MichiganUniversity of Illinois at ChampaignUniversity of California, San DiegoUniversity of UtahTulane UniversityUniversity of WisconsinUniversity of FloridaHarvard UniversityMassachusetts Institue of TechnologyMichigan State UniversityUniversity of Texas, AustinUniversity of California, IrvineLondon School of EconomicsUniversity of ColoradoUniversity of North Carolina at Chapel HillOhio State UniversityLondon School of BusinessYale UniversityUniversity of Texas at AustinUniversity of South CarolinaPurdue UniversityTexas A&M UniversityKent State UniversityWashington University in Saint LouisUSCMerage School of Business, UC IrvineThe University of Texas at AustinThe Wharton School, University of PennsylvaniaUniversity of Notre DameFisher College of Business, The Ohio State UniversityNYU Stern School of BusinessThe Paul Merage School of Business, University of California, IrvineFuqua School of Business, Duke UniversityUniversity of PittsburghPenn State UniversityMcCombs School of Business, The University of Texas at AustinSociety for Financial Studies University of California, IrvineEDHEC Business SchoolRotman School of Management, University of TorontoUCLA Anderson School of ManagementStockholm School of EconomicsColumbia Business SchoolThe Ohio State UniversityRutgers Business School

Executive Editors

David Hirshleifer: University of California, Irvine (2011 - )

Matthew Spiegel: Yale University (2005 - 2011)

Maureen O'Hara: Cornell University (2000 - 2005)

Ravi Jagannathan: Northwestern University (1997 - 2000)

Franklin Allen: University of Pennsylvania (1994 - 1997)

Chester Spatt: Carnegie Mellon University (1991 - 1994)

Michael Brennan: UCLA (1988 - 1990)

Editors

Geert Bekaert: Columbia University (2008 - 2014)

Alexander Ljungqvist: New York University (2008 - 2014)

Laura Starks: University of Texas at Austin (2008 - 2014)

Andrew Karolyi: Cornell University (2010 - 2013)

Pietro Veronesi: University of Chicago (2009 - 2013)

Michael Weisbach: Ohio State University (2007 - 2013)

Paolo Fulghieri: University of North Carolina at Chapel Hill (2006 - 2010)

Raman Uppal: London School of Business (2006 - 2009)

Joel Hasbrouck: New York University (2005 - 2008)

Tobias Moskowitz: University of Chicago (2005 - 2008)

Yacine Ait-Sahalia: University of Chicago (2003 - 2006)

Robert McDonald: Northwestern University (2002 - 2006)

Terrance Odean: University of California, Berkeley (2005 - 2006)

Campbell Harvey: Duke University (2000 - 2005)

Kenneth Singleton: Stanford University (2001 - 2003)

Michael Fishman: Northwestern University (1999 - 2002)

John Heaton: Northwestern University (2000 - 2002)

Bernard Dumas: Groupe HEC (1998 - 2000)

Gary Gorton: University of Pennsylvania (1998 - 2000)

Wayne Ferson: USC (1997 - 1999)

Lawrence Glosten: Columbia University (1997 - 1999)

Sheridan Titman: The University of Texas at Austin (1997 - 1998)

Kerry Back: Texas A&M University (1995 - 1997)

David Hirshleifer: Merage School of Business, UC Irvine (1995 - 1997)

Ravi Jagannathan: Northwestern University (1995 - 1996)

Robert Korajczyk: Northwestern University (1994 - 1996)

Richard Green: Carnegie Mellon University (1991 - 1994)

Chi-fu Huang: Massachusetts Institute of Technology (1993 - 1994)

Andrew Lo: Massachusetts Institute of Technology (1992 - 1994)

Robert Stambaugh: University of Pennsylvania (1991 - 1993)

Philip Dybvig: Washington University in Saint Louis (1990 - 1992)

Michael Gibbons: University of Pennsylvania (1990 - 1991)

Steven Brown: Kent State University (1990)

Chester Spatt: Carnegie Mellon University (1990)

Associate Editors

Peter Christoffersen : Rotman School of Management, University of Toronto (2012 - 2015)

Mariassunta Giannetti : Stockholm School of Economics (2012 - 2015)

Eitan Goldman: Indiana University (2012 - 2015)

Robin Greenwood: Harvard Business School (2012 - 2015)

John Griffin: University of Texas at Austin (2012 - 2015)

Wei Jiang: Columbia Business School (2012 - 2015)

Simi Kedia: Rutgers Business School (2012 - 2015)

Berk Sensoy: The Ohio State University (2012 - 2015)

Ekkehart Boehmer: EDHEC Business School (2011 - 2014)

Bruce Carlin: UCLA Anderson School of Management (2011 - 2014)

Craig Doidge: Rotman School of Management, University of Toronto (2011 - 2014)

Alex Edmans: The Wharton School, University of Pennsylvania (2011 - 2014)

Darren Kisgen: Boston College (2011 - 2014)

Philip Strahan: Boston College (2011 - 2014)

Dave Denis: University of Pittsburgh (2010 - 2013)

Michelle Lowry: Penn State University (2010 - 2013)

David Robinson: Fuqua School of Business, Duke University (2010 - 2013)

Clemens Sialm: McCombs School of Business, The University of Texas at Austin (2010 - 2013)

Stijn Van Nieuwerburgh: NYU Stern School of Business (2010 - 2013)

Lauren Cohen: Harvard Business School (2009 - 2012)

Martijn Cremers: University of Notre Dame (2009 - 2012)

Jay Hartzell: University of Texas at Austin (2009 - 2012)

Michael Roberts: The Wharton School, University of Pennsylvania (2009 - 2012)

Amir Sufi: University of Chicago (2009 - 2012 - )

Lu Zhang: Fisher College of Business, The Ohio State University (2009 - 2012)

Lu Zheng: The Paul Merage School of Business, University of California, Irvine (2009 - 2012)

Andres Almazan: University of Texas at Austin (2008 - 2011)

Heitor Almeida: University of Illinois (2008 - 2011)

Allen Berger: University of South Carolina (2008 - 2011)

Mara Faccio: Purdue University (2008 - 2011)

Charlie Hadlock: Michigan State University (2008 - 2011)

Gideon Saar: Cornell University (2008 - 2011)

Malcolm Baker: Harvard Business School (2007 - 2010)

Antonio Bernardo: University of California, Los Angeles (2003 - 2006, 2007 - 2010)

Murillo Campello: University of Illinois (2007 - 2010)

Greg Duffee: University of California, Berkeley (2007 - 2010)

Stefan Nagel: Stanford University (2007 - 2010)

Gurdip Bakshi: University of Maryland (2006 - 2009)

Thomas Chemmanur: Boston College (2006 - 2009)

Tarun Chordia: Emory University (2006 - 2009)

Lubos Pastor: University of Chicago (2006 - 2009)

Jeffrey Pontiff: Boston College (2006 - 2009)

Allen Poteshman: University of Illinois (2006 - 2009)

Viral Acharya: London Business School (2005 - 2008)

Andrew Ang: Columbia University (2005 - 2008)

Utpal Bhattacharya: Indiana University (2005 - 2008)

Markus Brunnermeier: Princeton University (2005 - 2008)

Murray Frank: University of Minnesota (2005 - 2008)

Jean Helwege: University of Arizona (2005 - 2008)

Alexander Ljungqvist: New York University (2007 - 2008)

Michael Lemmon: University of Utah (2005 - 2007)

Martin Lettau: New York University (2005 - 2007)

Jun Pan: Massachusetts Institute of Technology (2005 - 2007)

Christine Parlour: Carnegie Mellon University (2005 - 2007)

Dimitri Vayanos: London School of Economics (2005 - 2007)

Francis Longstaff: University of California, Los Angeles (1994 - 1996, 2004 - 2006)

Thomas Noe: Tulane University (2004 - 2006)

Gordon Phillips: University of Maryland (2004 - 2006)

Jay Ritter: University of Florida (2004 - 2006)

Jamie Zender: University of Colorado (2003 - 2006)

Torben Andersen: Northwestern University (2003 - 2005)

Brad Barber: University of California, Davis (2003 - 2005)

Pierre Collin-Dufresne: Carnegie Mellon University (2003 - 2005)

Mark Garmaise: University of California, Los Angeles (2003 - 2005)

Denis Gromb: London Business School (2003 - 2005)

Eugene Kandel: Hebrew University (2003 - 2005)

Terrance Odean: University of California, Berkeley (2004 - 2005)

John Graham: Duke University (2002 - 2004)

Joel Hasbrouck: New York University (1995 - 1997, 2002 - 2004)

N. R. Prabhala: University of Maryland (2002 - 2004)

Mark Ready: University of Wisconsin (2002 - 2004)

Mark Schroder: Michigan State University (2002 - 2004)

Richard Stanton: University of California, Berkeley (2002 - 2004)

Elazar Berkovitch: Interdisciplinary Center (IDC), Herzliya (1997, 2000 - 2003)

Mark Broadie: Columbia University (2001 - 2003)

Paolo Fulghieri: INSEAD (2001 - 2003)

Roni Michaely: Cornell University (2001 - 2003)

Raghuram Rajan: University of Chicago (1996 - 1998, 2001 - 2003)

Judith Chevalier: University of Chicago (2000 - 2002)

William Christie: Vanderbilt University (2000 - 2002)

Jerome Detemple: Boston University (2000 - 2002)

B. Espen Eckbo: Dartmouth College (2000 - 2002)

Robert McDonald: Northwestern University (2001 - 2002)

Ingrid Werner: Stanford University (2000 - 2002)

Andrew Winton: University of Minnesota (2000 - 2002)

John H. Boyd: University of Minnesota (1999 - 2001)

Domenico Cuoco: University of Pennsylvania (1999 - 2001)

Kenneth R. French: Massachusetts Institute of Technology (1999 - 2001)

Mark Grinblatt: University of California, Los Angeles (1998 - 2001)

Josef Lakonishok: University of Illinois at Champaign (1999 - 2001)

A. Subrahmanyam: University of California, Los Angeles (1999 - 2001)

Peter DeMarzo: University of California, Berkeley (1998 - 2000)

Vasant Naik: University of British Columbia (1998 - 2000)

George Pennacchi: University of Illinois at Champaign (1998 - 2000)

Matthew Richardson: New York University (1998 - 2000)

Matthew Spiegel: University of California, Berkeley (1998 - 2000)

Geert Bekaert: Stanford University (1997 - 1999)

Bruno Biais: Institut d'Economie Industrielle (1997 - 1999)

Rovert M. Dammon: Carnegie Mellon University (1997 - 1999)

Kathleen Hagerty: Northwestern University (1997 - 1999)

John Heaton: Northwestern University (1997 - 1999)

David Hirshleifer: University of California, Los Angeles (1991 - 1993, 1998 - 1999)

Robert A. Korajczyk: Northwestern University (1990 - 1993, 1997 - 1999)

Laura T Starks: University of Texas, Austin (1997 - 1999)

S. Viswanathan: Duke University (1997 - 1999)

Ivo Welch: University of California, Los Angeles (1997 - 1999)

Robert F. Whitelaw: New York University (1997 - 1999)

Yacine Ait-Sahalia: University of Chicago (1996 - 1998)

Tim Bollerslev: Northwestern University (1995 - 1998)

Ananth Madhavan: University of Southern California (1996 - 1998)

Mitchell Petersen: Northwestern University (1996 - 1998)

Jiang Wang: Massachusetts Institute of Technology (1995 - 1998)

Peter Bossaerts: California Institute of Technology (1995 - 1997)

Hua He: University of California, Berkeley (1995 - 1997)

Robert A. Jarrow: Cornell University (1995 - 1997)

Thomas Smith: Duke University (1995 - 1997)

Neal M. Stoughton: University of California, Irvine (1994 - 1997)

Bernard Dumas: Groupe HEC (1994 - 1996)

Ron Giammarino: University of British Columbia (1994 - 1996)

Shmuel Kandel: Tel-Aviv University (1994 - 1996)

Steven Kaplan: University of Chicago (1994 - 1996)

Gautam Kaul: University of Michigan (1994 - 1996)

Deborah Lucas: Northwestern University (1993 - 1995)

Daniel Nelson: University of Chicago (1993 - 1995)

Maureen O'Hara: Cornell University (1993 - 1995)

Duane Seppi: Carnegie Mellon University (1993 - 1995 - )

Kerry Back: Washington University in St. Louis (1992 - 1994)

Wayne Ferson: University of Chicago (1992 - 1994)

Michael Fishman: Northwestern University (1992 - 1994)

Lawrence Glosten: Columbia University (1992 - 1994)

Campbell Harvey: Duke University (1992 - 1994)

Ravi Jagannathan: University of Minnesota (1993 - 1994)

Bruce Lehmann: University of California, San Diego (1992 - 1994)

Artur Raviv: Northwestern University (1992 - 1994)

Bruce Grundy: University of Pennsylvania (1991 - 1993)

Lawrence Harris: University of Southern California (1991 - 1993)

Craig MacKinlay: University of Pennsylvania (1991 - 1993)

David Scharfstein: Massachusetts Institue of Technology (1991 - 1993)

Franklin Allen: University of Pennsylvania (1990 - 1992)

George Constantinides: University of Chicago (1990 - 1992)

Paul Pfleider: Stanford University (1990 - 1992)

Kevin Rock: Harvard University (1990 - 1992)

Joseph Williams: University of British Columbia (1990 - 1992)

Anat Admati: Stamford University (1990 - 1991)

Greg Connor: University of California, Berkeley (1990 - 1991)

Milton Harris: University of Chicago (1990 - 1991)

Andrew Lo: Massachusetts Institute of Technology (1990 - 1991)

Jay Shanken: University of Rochester (1990 - 1991)

Kenneth Singleton: Stanford University (1990 - 1991)

Robert Vishny: University of Chicago (1991)

Michael Barclay: University of Rochester (1990)

Richard Green: Carnegie Mellon University (1990)

Sanford Grossman: University of Pennsylvania (1990)

Krishna Ramaswamy: University of Pennsylvania (1990)

Robert Stambaugh: University of Pennsylvania (1990)

Suresh Sundaresan: Columbia University (1990)

Sheridan Titman: University of California, Los Angeles (1990)

Mark Wolfson: Stanford University (1990)

Assistant Editors

Jaclyn Ciavarra Einstein: Society for Financial Studies (2011 - )

Erin Schwartz: Society for Financial Studies (2010 - 2011)

Tricia Cushing: Yale University (2005 - 2010)