Research Papers / Publications


  • Todd A. Gormley, Bong Hwan Kim, Xiumin Martin (2012), Do Firms Adjust Their Timely Loss Recognition in Response to Changes in the Banking Industry?, Journal of Accounting Research, 50 (1), 159 - 196.  Abstract
  • Pavel G. Savor, Mungo Wilson (Working), Earnings Announcements and Systematic Risk.    Abstract
  • Philipp Illeditsch (2011), Ambiguous Information, Portfolio Inertia, and Excess Volatility, Journal of Finance  Abstract
  • Yasser Boualam (Draft), Inflation, External Default, and the Composition of Sovereign Debt.  Abstract
  • Jules van Binsbergen, John Graham, Jie Yang (2011), Optimal Capital Structure, Journal of Applied Corporate Finance
  • Chenying Zhang, Haitian Lu, Hongbo Pan (Working), Political connections and judicial bias: evidence from Chinese corporate litigations (job market paper).    Abstract
  • Joseph Gyourko (Working), Response to HUD on FHA Risk Evaluation, November 21, 2011.  
  • Doron Levit (Under Review), Soft Shareholder Activism.  Abstract  Related Materials
  • Joseph Gyourko (Working), "Is FHA the Next Housing Bailout?".    Abstract
  • Efstathios Avdis (Working), Intertemporal Information Acquisition (Work in Progress).
  • Efstathios Avdis (Working), Information Trade-offs in Dynamic Financial Markets (Job Market Paper).  
  • Doron Levit, Nadya Malenko (2011), Non-Binding Voting for Shareholder Proposals, Journal of Finance, 66(5), 1579-1614, October 2011  Abstract
  • Andrew B Abel, Janice C. Eberly (2011), How Q and Cash Flow Affect Investment with Frictions: An Analytic Explanation, The Review of Economic Studies, 78 (4), 1179-1200.
  • Robert F. Stambaugh (2011), Inference About Survivors, Quarterly Journal of Finance, 423-464.
  • Hanno N. Lustig, Nikolai Roussanov, Adrien Verdelhan (2011), Common Risk Factors in Currency Markets, Review of Financial Studies
  • Fernando Ferreira, Joseph Gyourko (Work In Progress), Anatomy of the Beginning of the Housing Boom: U.S. Neighborhoods and Metropolitan Areas, 1993-2009.  Abstract  Related Materials
  • Vincent Glode, Richard C. Green (2011), Information Spillovers and Performance Persistence for Hedge Funds, Journal of Financial Economics  Abstract
  • Martin Lettau, Jessica Wachter (2011), The Term Structures of Equity and Interest Rates, Journal of Financial Economics, 101, 90 - 113.  Abstract
  • Andrew B Abel, Ben S. Bernanke, Dean Croushore, Macroeconomics, 7th edition (2011).
  • Franklin Allen, Jun Qian, Chenying Zhang (Under Review), An Alternative View on Law, Institutions, Finance and Growth.  Abstract
  • Doron Levit (Working), Expertise, Structure, and Reputation of Corporate Boards.  Abstract
  • M. M. Croce, Thien T. Nguyen, L. Schmid (Under Review), Fiscal Policy and the Distribution of Consumption Risk.
  • Susan M Wachter, Albert Saiz (2011), Immigration and the Neighborhood, American Economic Journal: Economic Policy, Vol. 3, 169 - 188.  Abstract
  • Jianfeng Yu, Yu Yuan (2011), Investor Sentiment and the Mean-Variance Relation, Journal of Financial Economics, Vol 100, pp, 367-381.  Abstract
  • Pavel G. Savor, Mario Gamboa-Cavazos (Working), Holding on to Your Shorts: When Do Short Sellers Retreat?.    Abstract
  • Vincent Glode (2011), Why Mutual Funds 'Underperform', Journal of Financial Economics  Abstract
  • Jerry Tsai (Working), Dynamic Asset Allocation with Learning.  Abstract
  • Archishman Chakraborty, Simon Gervais, Bilge Yilmaz (2011), Security Design in Initial Public Offerings, Review of Finance , 15 (2), 327 - 357.
  • Karin Thorburn, Karen Fisher-Vanden (2011), Voluntary corporate environmental initiatives and shareholder wealth, Journal of Environmental Economics and Management, 62 (3), 430 - 455.
  • Itamar Drechsler, Amir Yaron (2011), What's Vol Got to Do With It, Review of Financial Studies, 24 (1), 1 - 45.  Abstract
  • Alex Edmans, Qi Liu (2011), Inside Debt, Review of Finance, 15 (1), 75 - 102. doi: 10.1093/rof/rfq008.    Abstract
  • Todd A. Gormley, David A. Matsa (2011), Growing Out of Trouble? Corporate Responses to Liability Risk, Review of Financial Studies, 24 (8), 2781 - 2821.  Abstract
  • Karen K. Lewis (2011), Global Asset Pricing, Annual Review of Financial Economics, 3, 435 - 466.  
  • Ivan Shaliastovich, Ravi Bansal (2011), Learning and Asset-Price Jumps, Review of Financial Studies, 24 (8), 2738 - 2780.  Abstract
  • Ivan Shaliastovich, George Tauchen (2011), Pricing of the Time-Change Risks, Journal of Economic Dynamics and Control, 35 (6), 843 - 858.  Abstract
  • Archishman Chakraborty, Bilge Yilmaz (2011), Adverse Selection and Convertible Bonds, The Review of Economic Studies, 78 (1), 148 - 175.
  • Jakub W. Jurek, Luis Viceira (2011), Optimal Value and Growth Tilts in Long-Horizon Portfolios, Review of Finance, 15 (1).  Abstract