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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 22, Number 5, 3 May 2009

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Incentives and Mutual Fund Performance: Higher Performance or Just Higher Risk Taking
pp. 1777-1815(39)
Authors: Massa, Massimo; Patgiri, Rajdeep

Ambiguity and Nonparticipation: The Role of Regulation
pp. 1817-1843(27)
Authors: Easley, David; OHara, Maureen

Insider Trading Laws and Stock Price Informativeness
pp. 1845-1887(43)
Authors: Fernandes, Nuno; Ferreira, Miguel A.

Optimal Versus Naive Diversification: How Inefficient is the 1N Portfolio Strategy?
pp. 1915-1953(39)
Authors: DeMiguel, Victor; Garlappi, Lorenzo; Uppal, Raman

Failure Is an Option: Impediments to Short Selling and Options Prices
pp. 1955-1980(26)
Authors: Evans, Richard B.; Geczy, Christopher C.; Musto, David K.; Reed, Adam V.

Systematic Risk and the Price Structure of Individual Equity Options
pp. 1981-2006(26)
Authors: Duan, Jin-Chuan; Wei, Jason

A General Stochastic Volatility Model for the Pricing of Interest Rate Derivatives
pp. 2007-2057(51)
Authors: Trolle, Anders B.; Schwartz, Eduardo S.

Margin Trading, Overpricing, and Synchronization Risk
pp. 2059-2085(27)
Authors: Bhojraj, Sanjeev; Bloomfield, Robert J.; Tayler, William B.

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