Volume 138, Issue 2, 2020

1. Credit and social unrest: Evidence from 1930s China
Fabio Braggion, Alberto Manconi, Haikun Zhu

2. Sophisticated investors and market efficiency: Evidence from a natural experiment
Yong Chen, Bryan Kelly, Wei Wu

3. Does the lack of financial stability impair the transmission of monetary policy?
Viral V. Acharya, Björn Imbierowicz, Sascha Steffen, Daniel Teichmann

4. Is conflicted investment advice better than no advice?
John Chalmers, Jonathan Reuter

5. The term structure and inflation uncertainty
Tomas Breach, Stefania D’Amico, Athanasios Orphanides

6. All the president’s friends: Political access and firm value
Jeffrey R. Brown, Jiekun Huang

7. Corporate bond mutual funds and asset fire sales
Jaewon Choi, Saeid Hoseinzade, Sean Seunghun Shin, Hassan Tehranian

8. Strategic trading and unobservable information acquisition
Snehal Banerjee, Bradyn Breon-Drish

9. Board structure, director expertise, and advisory role of outside directors
Sheng-Syan Chen, Yan-Shing Chen, Jun-Koo Kang, Shu-Cing Peng

10. Credit migration and covered interest rate parity
Gordon Y. Liao

11. Activism and empire building
Nickolay Gantchev, Merih Sevilir, Anil Shivdasani

12. Capital gains taxation and funding for start-ups
Alexander Edwards, Maximilian Todtenhaupt

13. When low beats high: Riding the sales seasonality premium
Gustavo Grullon, Yamil Kaba, Alexander Núñez-Torres