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The Review of Financial Studies

Volume 38 · Issue 5

May 1, 20258 articles

Build or Buy? Human Capital and Corporate Diversification

Paul Beaumont · Camille Hebert · Victor Lyonnet

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May 1, 2025pp. 1333-1367DOI: 10.1093/rfs/hhaf004 ↗

Cross-Subsidization of Bad Credit in a Lending Crisis

Nikolaos Artavanis · Brian Jonghwan Lee · Stavros Panageas · Margarita Tsoutsoura

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May 1, 2025pp. 1464-1501DOI: 10.1093/rfs/hhae074 ↗

Effects of Credit Expansions on Stock Market Booms and Busts

Christopher Hansman · Harrison Hong · Wenxi Jiang · Yu-Jane Liu · Juan-Juan Meng

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May 1, 2025pp. 1502-1544DOI: 10.1093/rfs/hhaf008 ↗

Financing Infrastructure in the Shadow of Expropriation

Viral V Acharya · Cecilia Parlatore · Suresh Sundaresan

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May 1, 2025pp. 1368-1418DOI: 10.1093/rfs/hhaf007 ↗

Macroprudential Regulation, Quantitative Easing, and Bank Lending

Andrea Orame · Rodney Ramcharan · Roberto Robatto

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May 1, 2025pp. 1545-1593DOI: 10.1093/rfs/hhae085 ↗

Retraction of: Mortgage Finance and Climate Change: Securitization Dynamics in the Aftermath of Natural Disasters

Authors not recorded

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May 1, 2025pp. 1594-1594DOI: 10.1093/rfs/hhaf003 ↗

The Impact of the Opioid Crisis on Firm Value and Investment

Paige Ouimet · Elena Simintzi · Kailei Ye

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May 1, 2025pp. 1291-1332DOI: 10.1093/rfs/hhae080 ↗

The Shadow Cost of Collateral

Guangqian Pan · Zheyao Pan · Kairong Xiao

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May 1, 2025pp. 1419-1463DOI: 10.1093/rfs/hhae073 ↗