Volume 142, Issue 3, 2021

1. Dissecting bankruptcy frictions
Winston Wei Dou, Lucian A. Taylor, Wei Wang, Wenyu Wang

2. Failing to forecast rare events
Philip Bond, James Dow

3. Is there a risk-return tradeoff in the corporate bond market? Time-series and cross-sectional evidence
Jennie Bai, Turan G. Bali, Quan Wen

4. Optimal financing with tokens
Sebastian Gryglewicz, Simon Mayer, Erwan Morellec

5. Core earnings: New data and evidence
Ethan Rouen, Eric C. So, Charles C.Y. Wang

6. The bank as Grim Reaper: Debt composition and bankruptcy thresholds
Mark Carey, Michael B. Gordy

7. Spillover effects in empirical corporate finance
Tobias Berg, Markus Reisinger, Daniel Streitz

8. Global factor premiums
Guido Baltussen, Laurens Swinkels, Pim Van Vliet

9. Does target firm insider trading signal the target’s synergy potential in mergers and acquisitions?
Inho Suk, Mengmeng Wang

10. Impact of marketplace lending on consumers’ future borrowing capacities and borrowing outcomes
Sudheer Chava, Rohan Ganduri, Nikhil Paradkar, Yafei Zhang

11. The term structure of equity risk premia
Ravi Bansal, Shane Miller, Dongho Song, Amir Yaron

12. Labor leverage, coordination failures, and aggregate risk
Matthieu Bouvard, Adolfo de Motta

13. Informed trading in government bond markets
Robert Czech, Shiyang Huang, Dong Lou, Tianyu Wang

14. Does regulatory cooperation help integrate equity markets?
Roger Silvers

15. A day late and a dollar short: Liquidity and household formation among student borrowers
Sarena Goodman, Adam Isen, Constantine Yannelis

16. M&A rumors about unlisted firms
Yan Alperovych, Douglas Cumming, Veronika Czellar, Alexander Groh

17. Lifting the veil: The price formation of corporate bond offerings
Liying Wang

18. Why are corporate payouts so high in the 2000s?
Kathleen Kahle, René M. Stulz

19. Firm leverage and employment dynamics
Xavier Giroud, Holger M. Mueller

20. Reconstructing the yield curve
Yan Liu, Jing Cynthia Wu

21. GSIB surcharges and bank lending: Evidence from US corporate loan data
Giovanni Favara, Ivan Ivanov, Marcelo Rezende

22. Investment, capital stock, and replacement cost of assets when economic depreciation is non-geometric
Dmitry Livdan, Alexander Nezlobin