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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

Volume 22, Number 3, 15 March 2009
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Flight-to-Quality or Flight-to-Liquidity? Evidence from the Euro-Area Bond Market
pp. 925-957(33)
Authors: Beber, Alessandro; Brandt, Michael W.; Kavajecz, Kenneth A.

Nondiversification Traps in Catastrophe Insurance Markets
pp. 959-993(35)
Authors: Ibragimov, Rustam; Jaffee, Dwight; Walden, Johan

Managing Bank Liquidity Risk: How Deposit-Loan Synergies Vary with Market Conditions
pp. 995-1020(26)
Authors: Gatev, Evan; Schuermann, Til; Strahan, Philip E.

Y2K Options and the Liquidity Premium in Treasury Markets
pp. 1021-1056(36)
Authors: Sundaresan, Suresh; Wang, Zhenyu

Motivating Entrepreneurial Activity in a Firm
pp. 1089-1118(30)
Authors: Bernardo, Antonio E.; Cai, Hongbin; Luo, Jiang

Trade-offs in Staying Close: Corporate Decision Making and Geographic Dispersion
pp. 1119-1148(30)
Authors: Landier, Augustin; Nair, Vinay B.; Wulf, Julie

Idiosyncratic Return Volatility, Cash Flows, and Product Market Competition
pp. 1149-1177(29)
Authors: Irvine, Paul J.; Pontiff, Jeffrey

How Do Mergers Create Value A Comparison of Taxes, Market Power, and Efficiency Improvements as Explanations forSynergies
pp. 1179-1211(33)
Authors: Devos, Erik; Kadapakkam, Palani-Rajan; Krishnamurthy, Srinivasan

Loyalty-Based Portfolio Choice
pp. 1213-1245(33)
Author: Cohen, Lauren

Mispricing of S&P 500 Index Options
pp. 1247-1277(31)
Authors: Constantinides, George M.; Jackwerth, Jens Carsten; Perrakis, Stylianos

Mutual Fund Fees Around the World
pp. 1279-1310(32)
Authors: Khorana, Ajay; Servaes, Henri; Tufano, Peter

Variance Risk Premiums
pp. 1311-1341(31)
Authors: Carr, Peter; Wu, Liuren

Cointegration and Consumption Risks in Asset Returns
pp. 1343-1375(33)
Authors: Bansal, Ravi; Dittmar, Robert; Kiku, Dana

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