Research Papers / Publications


  • Jules van Binsbergen, Ralph S.J. Koijen (2016), The Term Structure of Returns: Facts and Theory, Journal of Financial Economics, Forthcoming.
  • Efstathios Avdis, Jessica Wachter (Working), Maximum likelihood estimation of the equity premium.    Abstract
  • Sang Byung Seo, Jessica Wachter (Working), Option Prices in a Model with Stochastic Disaster Risk.    Abstract
  • Mete Kilic, Jessica Wachter (Working), Risk, unemployment, and the stock market: A rare-event-based explanation of labor market volatility.    Abstract
  • Vincent Glode, Christian Opp (2016), Asymmetric Information and Intermediation Chains, American Economic Review, Forthcoming.
  • Jonathan Berk, Jules van Binsbergen, binying liu (Working), Matching Capital and Labor.
  • Arthur Acolin, Jesse Bricker, Paul Calem, Susan M Wachter (Work In Progress), Borrowing Constraints and Homeownership.    Abstract
  • Fernando Ferreira, Anthony DeFusco, Joseph Gyourko, Wenjie Ding (Work In Progress), The Role of Contagion in the Last American Housing Cycle .  
  • Arthur Acolin, Raphael Bostic, Xudong An, Susan M Wachter (Work In Progress), Homeownership and the Use of Nontraditional and Subprime Mortgages.  
  • Arthur Acolin, Jesse Bricker, Paul Calem, Susan M Wachter (Work In Progress), Borrowing Constraints and Homeownership over the Recent Cycle.    Abstract
  • Arthur Acolin, Laurie S. Goodman, Susan M Wachter (Work In Progress), A Renter or Homeowner Nation?.    Abstract
  • Joao F. Gomes (Under Review), Equilibrium Asset Pricing with Leverage and Default.    Abstract
  • Ian Appel, Todd A. Gormley, Donald B. Keim (Working), Standing on the Shoulders of Giants: The Effect of Passive Investors on Activism.  Abstract
  • Pavel Zryumov, Dmitry Orlov, Andrzej Skrzypacz (Work In Progress), Persuading the Regulator to Wait.
  • Todd A. Gormley, Nandini Gupta, Anand Jha (Under Revision), Quiet Life No More? Corporate Bankruptcy and Bank Competition.  Abstract
  • Jonathan Berk, Jules van Binsbergen (2016), Active Managers are Skilled, Journal of Portfolio Management
  • Ian Appel, Todd A. Gormley, Donald B. Keim (2016), Passive Investors, Not Passive Owners, Journal of Financial Economics, Forthcoming.  Abstract
  • Todd A. Gormley, David A. Matsa (2016), Playing it Safe? Managerial Preferences, Risk, and Agency Conflicts, Journal of Financial Economics, Forthcoming.  Abstract
  • Yrjo Koskinen, Joril Maeland (2016), Innovation, Competition, and Investment Timing, Review of Corporate Finance Studies doi: 10.1093/rcfs/cfw002.
  • Jerry Tsai, Jessica Wachter (2016), Rare booms and disasters in a multisector endowment economy, Review of Financial Studies , 29 (5), 1113 - 1169.