Jfqa Review Process

---
name: jfqa-review-process
description: Explain how the Journal of Financial and Quantitative Analysis (JFQA) review process works — double-anonymous peer review, the seven-Managing-Editor structure, the $350 fee with $275 refund if not sent to a reviewer, and the under-9-percent acceptance reality. Use to set expectations for what happens after you submit and how decisions are made.
---

# JFQA Review Process (jfqa-review-process)

Use this skill to understand what happens to a **JFQA** manuscript after submission, so you submit informed and read decision letters correctly.

## Who decides

- JFQA has **no single Editor-in-Chief**. It is led by a team of **seven Managing Editors** (as of 2026): Hendrik Bessembinder, Ran Duchin, Thierry Foucault, Jarrad Harford, Kai Li, George Pennacchi, and Stephan Siegel, supported by advisory editors and 50+ associate editors.
- A Managing Editor is assigned per paper; that editor decides whether to desk-reject or send the paper to reviewer(s). (The specific handling editor is assigned per submission — 待核实 for any individual case.)

## The review model

- **Double-anonymous** peer review (Cambridge Core terminology). Author-identifying information is removed and the manuscript PDF is sent **blind to the reviewer(s)**. Anonymize accordingly (see jfqa-writing-style / jfqa-submission).

## Fee and the desk-screen economics

- A **$350 submission fee** (credit card only) is charged up front. If the Managing Editor elects **not** to send the paper to a reviewer, **$275 is refunded** — so a desk reject still costs you **$75** in handling. Budget for this.

## Selectivity

- JFQA prints **less than 9%** of the **more than 1,000** manuscripts submitted annually. Most papers do not clear review; a clean, well-identified, well-formatted submission is how you survive the first screen.

## What to expect

- A desk decision (reject, or send to review), then — if reviewed — referee reports and an editor decision (reject / R&R / rarely accept). R&Rs are demanding; see jfqa-rebuttal.

## Output format

```
【Editor】per-paper Managing Editor (7-person panel)
【Model】double-anonymous; blind to reviewers
【Fee math】$350 paid; $75 retained on desk reject
【Odds】<9% printed of 1,000+; expect attrition
【Next step】jfqa-submission (preflight) → jfqa-rebuttal (on R&R)
```