Finance Publications
- Calomiris, Charles W.; Izhakian, Yehuda; Zender, Jaime F. Underwriter Reputation, Issuer鈥揢nderwriter Matching, and SEO Performance. Journal of Financial & Quantitative Analysis. Sep2022, Vol. 57 Issue 6, p2444-2483. The
- Boni, Leslie; Leach, J. Chris; White, Reilly S. Crisis and non-crisis short selling and bank enforcement actions. Journal of Banking & Finance. Nov2021, Vol. 132, pN.PAG-N.PAG. Employing standard informed trading intuition
- Hartzmark, Samuel M; Hirshman, Samuel D; Imas, Alex. Ownership, Learning, and Beliefs. Quarterly Journal of Economics. Aug2021, Vol. 136 Issue 3, p1665-1717. We examine how owning a good affects learning and beliefs about its
- We study the effect of personal wealth on entrepreneurial decisions using data on mineral payments from Texas shale drilling to individuals throughout the United States. Large cash windfalls increase business formation by 0.8 to 2.1 percentage
- Bellstam, Gustaf; Bhagat, Sanjai; Cookson, J. Anthony. A Text-Based Analysis of Corporate Innovation. Management Science. Jul2021, Vol. 67 Issue 7, p4004-4031. We develop a new measure of innovation using the text of analyst
- Guren, A. M., & McQuade, T. J. (2020). How do foreclosures exacerbate housing downturns? The Review of Economic Studies, 87(3), 1331-1364. https://doi.org/10.1093/restud/rdaa001
- Gottlieb, Daniel; Zhang, Xingtan. Long鈥怲erm Contracting With Time鈥怚nconsistent Agents. Econometrica, Mar2021, Vol. 89 Issue 2, p793-824, We study contracts between naive present鈥恇iased consumers and risk鈥恘eutral firms. We show
- Akkus, Oktay; Cookson, J. Anthony; Horta莽su, Ali. Assortative Matching and Reputation in the Market for First Issues. Management Science. Apr2021, Vol. 67 Issue 4, p2049-2074. Using a tractable structural model of the matching
- Reed, Adam V.; Saffi, Pedro A. C.; Van Wesep, Edward D. Short-Sales Constraints and the Diversification Puzzle. Management Science. Feb2021, Vol. 67 Issue 2, p1159-1182. Disagreement about stock valuation, combined with short-
- Moon, S. Katie; Phillips, Gordon M. Outsourcing Through Purchase Contracts and Firm Capital Structure. Management Science. Jan2021, Vol. 67 Issue 1, p363-387. We examine firm and industry characteristics associated with