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The Review of Financial Studies is a major forum for the promotion and wide dissemination of significant new research in financial economics. As reflected by its broadly based editorial board, the Review balances theoretical and empirical contributions. The primary criteria for publishing a paper are its quality and importance to the field of finance, without undue regard to its technical difficulty. Finance is interpreted broadly to include the interface between finance and economics. The Review is sponsored by The Society for Financial Studies. The editors of the Review and officers of the Society are elected for limited terms.

Publisher: Oxford University Press

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Volume 18, Number 4, 2005

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Fund Families as Delegated Monitors of Money Managers
pp. 1139-1169(31)
Authors: Gervais, Simon; Lynch, Anthony W.; Musto, David K.

Limit Order Book as a Market for Liquidity
pp. 1171-1217(47)
Authors: Foucault, Thierry; Kadan, Ohad; Kandel, Eugene

Model Uncertainty, Limited Market Participation, and Asset Prices
pp. 1219-1251(33)
Authors: Cao, H. Henry; Wang, Tan; Zhang, Harold H.

An Equilibrium Model of Asset Pricing and Moral Hazard
pp. 1253-1303(51)
Author: Ou-Yang, Hui

The Model-Free Implied Volatility and Its Information Content
pp. 1305-1342(38)
Authors: Jiang, George J.; Tian, Yisong S.

Why Do Larger Orders Receive Discounts on the London Stock Exchange?
pp. 1343-1368(26)
Authors: Bernhardt, Dan; Dvoracek, Vladimir; Hughson, Eric; Werner, Ingrid M.

Dynamic Consumption and Portfolio Choice with Stochastic Volatility in Incomplete Markets
pp. 1369-1402(34)
Authors: Chacko, George; Viceira, Luis M.

Powerful CEOs and Their Impact on Corporate Performance
pp. 1403-1432(30)
Authors: Adams, Renée B.; Almeida, Heitor; Ferreira, Daniel

How Does Industry Affect Firm Financial Structure?
pp. 1433-1466(34)
Authors: MacKay, Peter; Phillips, Gordon M.

Household Portfolio Diversification: A Case for Rank-Dependent Preferences
pp. 1467-1502(36)
Author: Polkovnichenko, Valery

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