Research Papers / Publications


  • Susan M Wachter, Andrey Pavlov (2010), Subprime Lending and Real Estate Prices, Real Estate Economics  Abstract
  • Wei Jia (Working), Optimal investment and seo underperformance.  
  • 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.
  • Doron Levit (Under Review), Advising Shareholders in Takeovers.  Abstract
  • 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
  • Joao F. Gomes, Lukas Schmid (Under Revision), Equilibrium Credit Spreads and the Macroeconomy;.    Abstract
  • Adam Levitin, Susan M Wachter (2010), Explaining the Housing Bubble, Wharton Real Estate Center Working Paper  Abstract
  • Andrew Ang, Jun Liu, Krista Schwarz (Working), Using Stocks or Portfolios in Tests of Factor Models.  Abstract
  • Chenying Zhang (Working), Monetary Sterilization in China: Effectiveness and Cost.    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
  • Harrison G. Hong, Motohiro Yogo (Working), Commodity Market Interest and Asset Return Predictability.
  • Ravi Bansal, Ivan Shaliastovich (Working), A Long-Run Risks Explanation of Predictability Puzzles in Bond and Currency Markets.  Abstract
  • Ravi Bansal, Ivan Shaliastovich (Working), Confidence Risk and Asset Prices.  Abstract
  • Christian Opp (Working), Cycles of Innovation and Financial Propagation.  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
  • Vincent Glode, Burton Hollifield, Marcin T. Kacperczyk, Shimon Kogan (Working), Time-Varying Predictability in Mutual Fund Returns.  Abstract