Research Papers / Publications


  • Susan M Wachter, Andrey Pavlov (2010), Subprime Lending and Real Estate Prices, Real Estate Economics  Abstract
  • Jessica Wachter (2010), Asset Allocation, Annual Reviews of Financial Economics, 2, 175 - 206.  Abstract
  • Luke Taylor (2010), Why are CEOs rarely fired? Evidence from structural estimation, Journal of Finance, 65 (6), 2051 - 2087.
  • Jessica Wachter, Motohiro Yogo (2010), Why Do Household Portfolio Shares Rise in Wealth?, Review of Financial Studies, 23, 3929 - 3965.  Abstract
  • Nikolai Roussanov (2010), Diversification and its Discontents: Idiosyncratic and Entrepreneurial Risk in the Quest for Social Status, Journal of Finance, October 2010.  Abstract
  • Malcolm Baker, Lubomir Litov, Jessica Wachter, Jeffrey Wurgler (2010), Can Mutual Fund Managers Pick Stocks? Evidence From Their Trades Prior to Earnings Announcements, Journal of Financial and Quantitative Analysis, 45, 1111 - 1132.  Abstract
  • Adam Levitin, Susan M Wachter (2010), Explaining the Housing Bubble, Wharton Real Estate Center Working Paper  Abstract
  • Urban Jermann (2010), The Equity Premium Implied by Production, Journal of Financial Economics
  • Ryan Peters (2010), Using Stock Returns to Identify Government Spending Shocks (with Jonas DM Fisher) , The Economic Journal, Volume 120 (Issue 544), 414 - 436.
  • Ravi Bansal, Ivan Shaliastovich (2010), Confidence Risk and Asset Prices, American Economic Review, 100 (2), 537 - 541.  Abstract
  • Joao F. Gomes, Lukas Schmid (2010), Levered Returns, Journal of Finance, 2010.  Abstract
  • Todd A. Gormley (2010), The Impact of Foreign Bank Entry in Emerging Markets: Evidence from India, Journal of Financial Intermediation, 19 (1), 26 - 51.  Abstract
  • Todd A. Gormley, Hong Liu, Guofu Zhou (2010), Limited Participation and Consumption-Saving Puzzles: A Simple Explanation and the Role of Insurance, Journal of Financial Economics, 96 (2), 331 - 344.  Abstract