Volume 141, Issue 2, 2021

1. The local innovation spillovers of listed firms
Adrien Matray

2.Lucky factors
Campbell R. Harvey, Yan Liu

3. Uncertainty, access to debt, and firm precautionary behavior
Giovanni Favara, Janet Gao, Mariassunta Giannetti

4. Angels and venture capitalists: Substitutes or complements?
Thomas Hellmann, Paul Schure, Dan H. Vo

5. Macro risks and the term structure of interest rates
Geert Bekaert, Eric Engstrom, Andrey Ermolov

6. Heterogeneous intermediary asset pricing
Mahyar Kargar

7. The rate of communication
Shiyang Huang, Byoung-Hyoun Hwang, Dong Lou

8. Capital supply and corporate bond issuances: Evidence from mutual fund flows
Qifei Zhu

9. Pervasive underreaction: Evidence from high-frequency data
Hao Jiang, Sophia Zhengzi Li, Hao Wang

10. Reciprocal lending relationships in shadow banking
Yi Li

11. Compensation disclosures and strategic commitment: Evidence from revenue-based pay
Matthew J. Bloomfield

12. Out of sight no more? The effect of fee disclosures on 401(k) investment allocations
Mathias Kronlund, Veronika K. Pool, Clemens Sialm, Irina Stefanescu

13. Factors and risk premia in individual international stock returns
Ines Chaieb, Hugues Langlois, Olivier Scaillet

14. Bank capital, government bond holdings, and sovereign debt capacity
Matteo Crosignani

15. Network structure and pricing in the FX market
Joel Hasbrouck, Richard M. Levich

16. The telegraph and modern banking development, 1881–1936
Chen Lin, Chicheng Ma, Yuchen Sun, Yuchen Xu

17. Regulatory effects on short-term interest rates
Angelo Ranaldo, Patrick Schaffner, Michalis Vasios

18. Ransomware activity and blockchain congestion
Konstantin Sokolov

19. Life after LIBOR
Sven Klingler, Olav Syrstad

20. Corporate immunity to the COVID-19 pandemic
Wenzhi Ding, Ross Levine, Chen Lin, Wensi Xie