Report of the Editor of The Journal of Finance for the Year 2006

THIS IS A YEAR OF TRANSITION. While the Editor’s report is for 2006, I have been at the helm only since July 2006. Given that none of the papers that I have handled so far are in print, all of the success of the Journal this year is due to the outgoing Editor, Rob Stambaugh. I am happy to report that 2006 was another good year for The Journal of Finance. We received 1,239 submissions, of which 1,037 were new manuscripts, which is down slightly from last year. In 2006 the Journal published 86 articles, written by authors whose primary affiliations include 95 different institutions. Table I details the number and timing of submissions received throughout the year and Table II details the editorial decisions made, by round, during 2006. The primary affiliations are summarized in Table III, which reports the number of authors per institution (where an article with n authors is counted as 1/n articles for each author’s institution). The institutions with the most JF authors last year were the University of Chicago (5) and New York University (3-3/4). The Journal’s visibility and impact remain extremely high. The articles published in the Journal in 2003 and 2004 were cited 8,235 times during 2005, a