ADVISORY BOARD
John Y. Campbell, Harvard University
Francis X. Diebold, University of Pennsylvania
Robert F. Engle, New York University and University of California, San Diego
A. Ronald Gallant, Duke University
John F. Geweke, University of Iowa
Christian Gouriéroux, University of Toronto and INSEE-CREST
Clive W. J. Granger, University of California, San Diego
Lars Peter Hansen, University of Chicago
Wolfgang Härdle, Humboldt-Universität zu Berlin
Ravi Jagannathan, Northwestern University
Adrian Pagan, Australian National University
Halbert L. White, Jr., University of California, San Diego
ASSOCIATE EDITORS
Yacine Aït-Sahalia, Princeton University
Andrew Ang, Columbia Business School
Gurdip Bakshi, University of Maryland
Pierluigi Balduzzi, Boston College
Federico M. Bandi, University of Chicago
Ravi Bansal, Duke University
David Bates, University of Iowa
Luc Bauwens, Université Catholique de Louvain
Peter L. Bossaerts, California Institute of Technology
Giorgio Calzolari, University of Florence
Marine Carrasco, Université de Montréal
Peter Christoffersen, McGill University
Rama Cont, Columbia University
Frank De Jong, Tilburg University
Jin-Chuan Duan, National University of Singapore
Jianqing Fan, Princeton University
Yanqin Fan, Vanderbilt University
Alastair R. Hall, University of Manchester
Joel Hasbrouck, New York University
Eric Jacquier, HEC Montréal
Michael Johannes, Columbia University
Christopher S. Jones, University of Southern California
Raymond M. Kan, University of Toronto
Thomas McCurdy, University of Toronto
Per Mykland, University of Chicago
Serena Ng, University of Michigan
Jeffrey Russell, University of Chicago
Peter C. Schotman, University of Maastricht
Christopher I. Telmer, Carnegie Mellon University
Allan Timmermann, University of California, San Diego
Ruey Tsay, University of Chicago
Pietro Veronesi, University of Chicago
Bas J. M. Werker, Tilburg University
Harold H. Zhang, University of Texas at Dallas