Details about Luigi Zingales

Homepage:	http://faculty.chicagobooth.edu/luigi.zingales/index.html
Workplace:	Booth School of Business, University of Chicago, (more information at EDIRC)

Access statistics for papers by Luigi Zingales.

Last updated 2023-03-10. Update your information in the RePEc Author Service.

Short-id: pzi101

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Working Papers

2022

1. The New Corporate Governance
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (7)
   Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2022)

2020

2. Civic Capital and Social Distancing during the COVID-19 Pandemic
   Working Papers, Becker Friedman Institute for Research In Economics View citations (56)
   Also in NBER Working Papers, National Bureau of Economic Research, Inc (2020) View citations (52)
   CEPR Discussion Papers, C.E.P.R. Discussion Papers (2020) View citations (44)
3. Exit vs. Voice
   CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (5)
   Also in Working Papers, Becker Friedman Institute for Research In Economics (2020) View citations (6)
   NBER Working Papers, National Bureau of Economic Research, Inc (2020) View citations (5)
4. Kill Zone
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (1)
   Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2020) View citations (1)
   Working Papers, Becker Friedman Institute for Research In Economics (2020) View citations (1)

2019

5. Taste for competition and the gender gap among young business professionals
   Working Papers, New York University Abu Dhabi, Department of Social Science View citations (17)

2017

6. Companies Should Maximize Shareholder Welfare Not Market Value
   CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (141)
   See also Journal Article Companies Should Maximize Shareholder Welfare Not Market Value, Journal of Law, Finance, and Accounting, now publishers (2017) View citations (148) (2017)
7. Diagnosing the Italian Disease
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (80)
8. Is Pollution Value-Maximizing? The DuPont Case
   CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (18)
   Also in NBER Working Papers, National Bureau of Economic Research, Inc (2017) View citations (18)
9. Political Determinants of Competition in the Mobile Telecommunication Industry
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (31)
   Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2017) View citations (31)
10. Towards a Political Theory of the Firm
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (17)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2017) View citations (17)
    See also Journal Article Towards a Political Theory of the Firm, Journal of Economic Perspectives, American Economic Association (2017) View citations (17) (2017)

2016

11. The Impact of Incomplete Contracts on Economics
    ULB Institutional Repository, ULB -- Universite Libre de Bruxelles View citations (25)

2015

12. Competitiveness and the Gender Gap among Young Business Professionals
    IZA Discussion Papers, Institute of Labor Economics (IZA) View citations (83)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2015) View citations (88)
13. Corporate Culture, Societal Culture, and Institutions
    EIEF Working Papers Series, Einaudi Institute for Economics and Finance (EIEF) View citations (45)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2015) View citations (54)
    NBER Working Papers, National Bureau of Economic Research, Inc (2015) View citations (54)
    See also Journal Article Corporate Culture, Societal Culture, and Institutions, American Economic Review, American Economic Association (2015) View citations (54) (2015)
14. Does Finance Benefit Society?
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (145)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2015) View citations (145)
15. Monnet's Error
    EIEF Working Papers Series, Einaudi Institute for Economics and Finance (EIEF) View citations (1)
    Also in LEQS – LSE 'Europe in Question' Discussion Paper Series, European Institute, LSE (2014)
    NBER Working Papers, National Bureau of Economic Research, Inc (2015) View citations (1)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2015) View citations (1)
    See also Journal Article Monnet’s error?, Economic Policy, CEPR, CESifo, Sciences Po (2016) View citations (11) (2016)
16. Overconfidence And Preferences For Competition
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (94)

2014

17. Banks Are Where The Liquidity Is
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (11)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2014) View citations (11)
18. Preventing Economists' Capture
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (4)

2013

19. Liquidity and Inefficient Investment
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (5)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2013) View citations (5)
    See also Journal Article LIQUIDITY AND INEFFICIENT INVESTMENT, Journal of the European Economic Association, European Economic Association (2015) View citations (6) (2015)
20. Long-term Persistence
    EIEF Working Papers Series, Einaudi Institute for Economics and Finance (EIEF) View citations (7)
    Also in EIEF Working Papers Series, Einaudi Institute for Economics and Finance (EIEF) (2008) View citations (165)
    NBER Working Papers, National Bureau of Economic Research, Inc (2008) View citations (185)
    Economics Working Papers, European University Institute (2008) View citations (164)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2008) View citations (165)
    See also Journal Article LONG-TERM PERSISTENCE, Journal of the European Economic Association, European Economic Association (2016) View citations (235) (2016)
21. The Value of Corporate Culture
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (11)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2013) View citations (11)
    EIEF Working Papers Series, Einaudi Institute for Economics and Finance (EIEF) (2013) View citations (11)
    See also Journal Article The value of corporate culture, Journal of Financial Economics, Elsevier (2015) View citations (150) (2015)
    Chapter The Value of Corporate Culture, NBER Chapters, National Bureau of Economic Research, Inc (2011) (2011)
22. Time Varying Risk Aversion
    EIEF Working Papers Series, Einaudi Institute for Economics and Finance (EIEF) View citations (105)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2013) View citations (107)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2013) View citations (106)
    See also Journal Article Time varying risk aversion, Journal of Financial Economics, Elsevier (2018) View citations (226) (2018)

2012

23. In brief: Two cheers for Anglo-Saxon financial markets?
    CentrePiece - The magazine for economic performance, Centre for Economic Performance, LSE

2011

24. Inefficient Provision of Liquidity
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (12)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2011) View citations (12)

2010

25. Can we infer social preferences from the lab? Evidence from the trust game
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (50)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2010) View citations (52)
26. Civic Capital as the Missing Link
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (129)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2010) View citations (131)
    EIEF Working Papers Series, Einaudi Institute for Economics and Finance (EIEF) (2010) View citations (127)
27. Innovation and Institutional Ownership
    Institutions and Markets Papers, Fondazione Eni Enrico Mattei (FEEM) View citations (6)
    Also in Scholarly Articles, Harvard University Department of Economics (2009) View citations (29)
    Working Papers, Fondazione Eni Enrico Mattei (2010) View citations (5)
    NBER Working Papers, National Bureau of Economic Research, Inc (2009) View citations (32)
    LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2009) View citations (31)
    CEP Discussion Papers, Centre for Economic Performance, LSE (2009) View citations (31)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2009) View citations (29)
    See also Journal Article Innovation and Institutional Ownership, American Economic Review, American Economic Association (2013) View citations (609) (2013)
28. The Determinants of Attitudes towards Strategic Default on Mortgages
    Economics Working Papers, European University Institute View citations (7)
    See also Journal Article The Determinants of Attitudes toward Strategic Default on Mortgages, Journal of Finance, American Finance Association (2013) View citations (233) (2013)
29. The Emergence of Male Leadership in Competitive Environments
    IZA Discussion Papers, Institute of Labor Economics (IZA) View citations (9)
    See also Journal Article The emergence of male leadership in competitive environments, Journal of Economic Behavior & Organization, Elsevier (2012) View citations (57) (2012)

2009

30. A New Capital Regulation For Large Financial Institutions
    Working Papers, Fondazione Eni Enrico Mattei View citations (37)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2009) View citations (39)
    Institutions and Markets Papers, Fondazione Eni Enrico Mattei (FEEM) (2009) View citations (39)
    See also Journal Article A New Capital Regulation for Large Financial Institutions, American Law and Economics Review, American Law and Economics Association (2011) View citations (77) (2011)
31. Moral and Social Constraints to Strategic Default on Mortgages
    EIEF Working Papers Series, Einaudi Institute for Economics and Finance (EIEF) View citations (54)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2009) View citations (56)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2009) View citations (56)
    Economics Working Papers, European University Institute (2009) View citations (51)
32. Paulson's Gift
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (2)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2009) View citations (2)
    See also Journal Article Paulson's gift, Journal of Financial Economics, Elsevier (2010) View citations (85) (2010)
33. The Future of Securities Regulation
    Working Papers, Fondazione Eni Enrico Mattei View citations (50)
    Also in Institutions and Markets Papers, Fondazione Eni Enrico Mattei (FEEM) (2009) View citations (51)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2009) View citations (53)
    See also Journal Article The Future of Securities Regulation, Journal of Accounting Research, Wiley Blackwell (2009) View citations (54) (2009)
34. The Housing Crisis and Bankruptcy Reform: The Prepackaged Chapter 13 Approach
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (1)

2008

35. Is mistrust self-fulfilling?
    MPRA Paper, University Library of Munich, Germany View citations (9)
    See also Journal Article Is mistrust self-fulfilling?, Economics Letters, Elsevier (2009) View citations (61) (2009)
36. Media versus Special Interests
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (23)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2008) View citations (21)
    See also Journal Article Media versus Special Interests, Journal of Law and Economics, University of Chicago Press (2013) View citations (13) (2013)
37. Procrastination and Impatience
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (4)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2007) View citations (9)
    See also Journal Article Procrastination and impatience, Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier (2015) View citations (17) (2015)
38. Social Capital as Good Culture
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (326)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2007) View citations (44)
    Economics Working Papers, European University Institute (2007) View citations (38)
39. Time discounting for primary and monetary rewards
    MPRA Paper, University Library of Munich, Germany View citations (3)
    See also Journal Article Time discounting for primary and monetary rewards, Economics Letters, Elsevier (2010) View citations (35) (2010)

2007

40. Cultural Biases in Economic Exchange?
    Economics Working Papers, European University Institute View citations (14)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2004) View citations (91)
    2005 Meeting Papers, Society for Economic Dynamics (2005) View citations (42)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2005) View citations (49)
    See also Journal Article Cultural Biases in Economic Exchange?, The Quarterly Journal of Economics, President and Fellows of Harvard College (2009) View citations (1065) (2009)
41. The Corporate Governance Role of the Media: Evidence from Russia
    Working Papers, University of Pennsylvania, Wharton School, Weiss Center View citations (18)
    Also in Working Papers, Center for Economic and Financial Research (CEFIR) (2005) View citations (1)
    Working Papers, New Economic School (NES) (2005)
    NBER Working Papers, National Bureau of Economic Research, Inc (2006) View citations (10)
    See also Journal Article The Corporate Governance Role of the Media: Evidence from Russia, Journal of Finance, American Finance Association (2008) View citations (345) (2008)
42. The Cost of Banking Regulation
    Economics Working Papers, European University Institute View citations (2)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2006) View citations (61)
    NBER Working Papers, National Bureau of Economic Research, Inc (2006) View citations (62)
    Proceedings, Federal Reserve Bank of Chicago (2004) View citations (2)
43. Understanding Trust
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (64)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2007) View citations (57)
    See also Journal Article Understanding Trust, Economic Journal, Royal Economic Society (2013) View citations (93) (2013)
44. Who Blows the Whistle on Corporate Fraud?
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (23)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2007) View citations (27)
    See also Journal Article Who Blows the Whistle on Corporate Fraud?, Journal of Finance, American Finance Association (2010) View citations (464) (2010)

2006

45. Are Elite Universities Losing Their Competitive Edge?
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (33)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2006) View citations (33)
    See also Journal Article Are elite universities losing their competitive edge?, Journal of Financial Economics, Elsevier (2009) View citations (117) (2009)
46. Does Culture Affect Economic Outcomes?
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (1705)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2006) View citations (1697)
    See also Journal Article Does Culture Affect Economic Outcomes?, Journal of Economic Perspectives, American Economic Association (2006) View citations (1672) (2006)
47. The Persistence of Underdevelopment: Institutions, Human Capital or Constituencies
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (39)
    Also in Working Papers, eSocialSciences (2006) View citations (12)
48. What Has Mattered to Economics Since 1970
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (81)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2006) View citations (82)
    See also Journal Article What Has Mattered to Economics Since 1970, Journal of Economic Perspectives, American Economic Association (2006) View citations (81) (2006)

2005

49. Trusting the Stock Market
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (30)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2005) View citations (38)
    See also Journal Article Trusting the Stock Market, Journal of Finance, American Finance Association (2008) View citations (909) (2008)

2004

50. Theft and Taxes
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (14)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2004) View citations (6)
    See also Journal Article Theft and taxes, Journal of Financial Economics, Elsevier (2007) View citations (163) (2007)

2003

51. Banks and Markets: The Changing Character of European Finance
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (153)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2003) View citations (152)
52. Bureaucracy as a Mechanism to Generate Information
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (2)
    Also in CRSP working papers, Center for Research in Security Prices, Graduate School of Business, University of Chicago (1998) View citations (7)
    NBER Working Papers, National Bureau of Economic Research, Inc (2003) View citations (14)
    See also Journal Article Bureaucracy as a Mechanism to Generate Information, RAND Journal of Economics, The RAND Corporation (2004) View citations (14) (2004)
53. The Emergence of Strong Property Rights: Speculation from history
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (11)

2002

54. Does Local Financial Development Matter?
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (41)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2002) View citations (35)
    See also Journal Article Does Local Financial Development Matter?, The Quarterly Journal of Economics, President and Fellows of Harvard College (2004) View citations (614) (2004)
    Chapter Does Local Financial Development Matter?, Springer Books, Springer (2009) View citations (7) (2009)
55. People's Opium? Religion and Economic Attitudes
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (17)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2002) View citations (30)
    See also Journal Article People's opium? Religion and economic attitudes, Journal of Monetary Economics, Elsevier (2003) View citations (779) (2003)
56. Private Benefits of Control: An International Comparison
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (49)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2002) View citations (50)
57. The Corporate Governance Role of the Media
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (147)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2002) View citations (148)

2001

58. The Great Reversals: The Politics of Financial Development in the 20th Century
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (168)
    Also in OECD Economics Department Working Papers, OECD Publishing (2000) View citations (33)
    CRSP working papers, Center for Research in Security Prices, Graduate School of Business, University of Chicago (2001) View citations (48)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2001) View citations (87)
59. The Influence of the Financial Revolution on the Nature of Firms
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (51)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2001) View citations (51)
    CRSP working papers, Center for Research in Security Prices, Graduate School of Business, University of Chicago (2001) View citations (51)
    See also Journal Article The Influence of the Financial Revolution on the Nature of Firms, American Economic Review, American Economic Association (2001) View citations (51) (2001)

2000

60. In Search of New Foundations
    CRSP working papers, Center for Research in Security Prices, Graduate School of Business, University of Chicago View citations (355)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2000) View citations (355)
    NBER Working Papers, National Bureau of Economic Research, Inc (2000) View citations (351)
    See also Journal Article In Search of New Foundations, Journal of Finance, American Finance Association (2000) View citations (356) (2000)
61. Investment-Cash Flow Sensitivities are not Valid Measures of Financing Constraints
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (408)
    See also Journal Article Investment-Cash Flow Sensitivities Are Not Valid Measures of Financing Constraints, The Quarterly Journal of Economics, President and Fellows of Harvard College (2000) View citations (419) (2000)
62. The Firm as a Dedicated Hierarchy: A Theory of the Origin and Growth of Firms
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (29)
    See also Journal Article The Firm as a Dedicated Hierarchy: A Theory of the Origins and Growth of Firms, The Quarterly Journal of Economics, President and Fellows of Harvard College (2001) View citations (244) (2001)
63. The Governance of the New Enterprise
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (113)
    Also in CRSP working papers, Center for Research in Security Prices, Graduate School of Business, University of Chicago (1998) View citations (25)
64. The Role of Social Capital In Financial Development
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (92)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2000) View citations (77)
    CRSP working papers, Center for Research in Security Prices, Graduate School of Business, University of Chicago (2000) View citations (69)
    See also Journal Article The Role of Social Capital in Financial Development, American Economic Review, American Economic Association (2004) View citations (1483) (2004)

1999

65. The Tyranny of Inequality
    CRSP working papers, Center for Research in Security Prices, Graduate School of Business, University of Chicago View citations (5)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (1995) View citations (3)
    See also Journal Article The tyranny of inequality, Journal of Public Economics, Elsevier (2000) View citations (50) (2000)
66. What Determines Firm Size?
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (179)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (1999) View citations (162)
    CRSP working papers, Center for Research in Security Prices, Graduate School of Business, University of Chicago View citations (62)

1998

67. Corporate Governance
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (61)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (1997) View citations (24)
68. Power in a Theory of the Firm
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (475)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (1997) View citations (5)
    CRSP working papers, Center for Research in Security Prices, Graduate School of Business, University of Chicago View citations (2)
    See also Journal Article Power in a Theory of the Firm, The Quarterly Journal of Economics, President and Fellows of Harvard College (1998) View citations (482) (1998)
69. Survival of the Fittest or the Fattest? Exit and Financing in the Trucking Industry
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (178)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (1997) View citations (1)
    CRSP working papers, Center for Research in Security Prices, Graduate School of Business, University of Chicago
70. The Cost of Diversity: The Diversification Discount and Inefficient Investment
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (80)
    Also in CRSP working papers, Center for Research in Security Prices, Graduate School of Business, University of Chicago View citations (147)
    NBER Working Papers, National Bureau of Economic Research, Inc (1998) View citations (26)
    CRSP working papers, Center for Research in Security Prices, Graduate School of Business, University of Chicago View citations (147)
    See also Journal Article The Cost of Diversity: The Diversification Discount and Inefficient Investment, Journal of Finance, American Finance Association (2000) View citations (614) (2000)
71. Which Capitalism? Lessons from the East Asian Crisis
    CRSP working papers, Center for Research in Security Prices, Graduate School of Business, University of Chicago View citations (221)
    See also Journal Article WHICH CAPITALISM? LESSONS FORM THE EAST ASIAN CRISIS, Journal of Applied Corporate Finance, Morgan Stanley (1998) View citations (48) (1998)

1997

72. Efficiency and Distribution in Financial Restructuring: The Case of the Ferruzzi Group
    CRSP working papers, Center for Research in Security Prices, Graduate School of Business, University of Chicago View citations (9)
73. The Eclipse of the U.S. Tire Industry
    Working Papers, U.S. Census Bureau, Center for Economic Studies
    See also Chapter The Eclipse of the U.S. Tire Industry, NBER Chapters, National Bureau of Economic Research, Inc (2000) View citations (2) (2000)

1996

74. Corporate Ownership Structures: Private versus Social Optimality
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (6)
75. Financial Dependence and Growth
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (79)
    Also in CRSP working papers, Center for Research in Security Prices, Graduate School of Business, University of Chicago View citations (78)
    See also Journal Article Financial Dependence and Growth, American Economic Review, American Economic Association (1998) View citations (3582) (1998)
76. Why Do Companies Go Public? An Empirical Analysis
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (50)
    Also in CRSP working papers, Center for Research in Security Prices, Graduate School of Business, University of Chicago View citations (7)
    NBER Working Papers, National Bureau of Economic Research, Inc (1995) View citations (17)

1995

77. Capital Structure Choice when Managers are in Control: Entrenchment versus Efficiency
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (34)
78. Do Financing Constraints Explain Why Investment is Correlated with Cash Flow?
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (63)

1994

79. Change of Ownership: Incentives and Rules
    Working Papers, Banca Italia - Servizio di Studi
80. What Do We Know About Capital Structure? Some Evidence from International Data
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (13)
    See also Journal Article What Do We Know about Capital Structure? Some Evidence from International Data, Journal of Finance, American Finance Association (1995) View citations (2341) (1995)

Undated

81. Corporate Governance and Taxation
    American Law & Economics Association Annual Meetings, American Law & Economics Association

Journal Articles

2021

1. Civic capital and social distancing during the Covid-19 pandemic☆
   Journal of Public Economics, 2021, 193, (C) View citations (68)
2. IESE ECGI CONFERENCE ON CORPORATE PURPOSE: Can Purpose Deliver Better Corporate Governance?
   Journal of Applied Corporate Finance, 2021, 33, (2), 41-94

2020

3. The Political Limits of Economics
   AEA Papers and Proceedings, 2020, 110, 378-82 View citations (7)

2018

4. Time varying risk aversion
   Journal of Financial Economics, 2018, 128, (3), 403-421 View citations (226)
   See also Working Paper Time Varying Risk Aversion, EIEF Working Papers Series (2013) View citations (105) (2013)

2017

5. Companies Should Maximize Shareholder Welfare Not Market Value
   Journal of Law, Finance, and Accounting, 2017, 2, (2), 247-275 View citations (148)
   See also Working Paper Companies Should Maximize Shareholder Welfare Not Market Value, CEPR Discussion Papers (2017) View citations (141) (2017)
6. Corporate Finance
   Journal of Political Economy, 2017, 125, (6), 1805 - 1812
7. Towards a Political Theory of the Firm
   Journal of Economic Perspectives, 2017, 31, (3), 113-30 View citations (17)
   See also Working Paper Towards a Political Theory of the Firm, NBER Working Papers (2017) View citations (17) (2017)

2016

8. LONG-TERM PERSISTENCE
   Journal of the European Economic Association, 2016, 14, (6), 1401-1436 View citations (235)
   Also in Journal of the European Economic Association, 2016, 14, (6), 1401-1436 (2016) View citations (225)
   See also Working Paper Long-term Persistence, EIEF Working Papers Series (2013) View citations (7) (2013)
9. Monnet’s error?
   Economic Policy, 2016, 31, (86), 247-297 View citations (11)
   See also Working Paper Monnet's Error, EIEF Working Papers Series (2015) View citations (1) (2015)

2015

10. Corporate Culture, Societal Culture, and Institutions
    American Economic Review, 2015, 105, (5), 336-39 View citations (54)
    See also Working Paper Corporate Culture, Societal Culture, and Institutions, EIEF Working Papers Series (2015) View citations (45) (2015)
11. LIQUIDITY AND INEFFICIENT INVESTMENT
    Journal of the European Economic Association, 2015, 13, (5), 737-769 View citations (6)
    See also Working Paper Liquidity and Inefficient Investment, CEPR Discussion Papers (2013) View citations (5) (2013)
12. Presidential Address: Does Finance Benefit Society?
    Journal of Finance, 2015, 70, (4), 1327-1363 View citations (151)
13. Procrastination and impatience
    Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), 2015, 58, (C), 63-76 View citations (17)
    See also Working Paper Procrastination and Impatience, CEPR Discussion Papers (2008) View citations (4) (2008)
14. The value of corporate culture
    Journal of Financial Economics, 2015, 117, (1), 60-76 View citations (150)
    See also Chapter The Value of Corporate Culture, NBER Chapters, 2011, 60-76 (2011) (2011)
    Working Paper The Value of Corporate Culture, NBER Working Papers (2013) View citations (11) (2013)

2014

15. Introduction
    The Journal of Law, Economics, and Organization, 2014, 30, (suppl_1), i1-i12

2013

16. Economic Experts versus Average Americans
    American Economic Review, 2013, 103, (3), 636-42 View citations (74)
17. Innovation and Institutional Ownership
    American Economic Review, 2013, 103, (1), 277-304 View citations (609)
    See also Working Paper Innovation and Institutional Ownership, Institutions and Markets Papers (2010) View citations (6) (2010)
18. Media versus Special Interests
    Journal of Law and Economics, 2013, 56, (3), 521 - 553 View citations (13)
    See also Working Paper Media versus Special Interests, NBER Working Papers (2008) View citations (23) (2008)
19. The Determinants of Attitudes toward Strategic Default on Mortgages
    Journal of Finance, 2013, 68, (4), 1473-1515 View citations (233)
    See also Working Paper The Determinants of Attitudes towards Strategic Default on Mortgages, Economics Working Papers (2010) View citations (7) (2010)
20. Understanding Trust
    Economic Journal, 2013, 123, (12), 1313-1332 View citations (93)
    See also Working Paper Understanding Trust, NBER Working Papers (2007) View citations (64) (2007)

2012

21. A Trust Crisis
    International Review of Finance, 2012, 12, (2), 123-131 View citations (83)
22. Comment
    NBER Macroeconomics Annual, 2012, 26, (1), 236 - 243
23. The emergence of male leadership in competitive environments
    Journal of Economic Behavior & Organization, 2012, 83, (1), 111-117 View citations (57)
    See also Working Paper The Emergence of Male Leadership in Competitive Environments, IZA Discussion Papers (2010) View citations (9) (2010)

2011

24. A New Capital Regulation for Large Financial Institutions
    American Law and Economics Review, 2011, 13, (2), 453-490 View citations (77)
    See also Working Paper A New Capital Regulation For Large Financial Institutions, Working Papers (2009) View citations (37) (2009)
25. The role of trust in the 2008 financial crisis
    The Review of Austrian Economics, 2011, 24, (3), 235-249 View citations (8)

2010

26. A Market-Based Regulatory Policy to Avoid Financial Crises
    Cato Journal, 2010, 30, (3), 535-540 View citations (2)
27. Paulson's gift
    Journal of Financial Economics, 2010, 97, (3), 339-368 View citations (85)
    See also Working Paper Paulson's Gift, CEPR Discussion Papers (2009) View citations (2) (2009)
28. The 2007-8 financial crisis: Lessons from corporate finance
    Journal of Financial Economics, 2010, 97, (3), 303-305 View citations (12)
29. Time discounting for primary and monetary rewards
    Economics Letters, 2010, 106, (2), 125-127 View citations (35)
    See also Working Paper Time discounting for primary and monetary rewards, MPRA Paper (2008) View citations (3) (2008)
30. Who Blows the Whistle on Corporate Fraud?
    Journal of Finance, 2010, 65, (6), 2213-2253 View citations (464)
    See also Working Paper Who Blows the Whistle on Corporate Fraud?, CEPR Discussion Papers (2007) View citations (23) (2007)

2009

31. A Loan Modification Approach to the Housing Crisis
    American Law and Economics Review, 2009, 11, (2), 575-607 View citations (42)
32. Are elite universities losing their competitive edge?
    Journal of Financial Economics, 2009, 93, (3), 353-381 View citations (117)
    See also Working Paper Are Elite Universities Losing Their Competitive Edge?, NBER Working Papers (2006) View citations (33) (2006)
33. Bankruptcy is Best to Save GM
    The Economists' Voice, 2009, 6, (4), 6
34. Cultural Biases in Economic Exchange?
    The Quarterly Journal of Economics, 2009, 124, (3), 1095-1131 View citations (1065)
    See also Working Paper Cultural Biases in Economic Exchange?, Economics Working Papers (2007) View citations (14) (2007)
35. Is mistrust self-fulfilling?
    Economics Letters, 2009, 104, (2), 89-91 View citations (61)
    See also Working Paper Is mistrust self-fulfilling?, MPRA Paper (2008) View citations (9) (2008)
36. The Future of Securities Regulation
    Journal of Accounting Research, 2009, 47, (2), 391-425 View citations (54)
    See also Working Paper The Future of Securities Regulation, Working Papers (2009) View citations (50) (2009)
37. Yes We Can, Secretary Geithner
    The Economists' Voice, 2009, 6, (2), 5 View citations (5)

2008

38. Alfred Marshall Lecture Social Capital as Good Culture
    Journal of the European Economic Association, 2008, 6, (2-3), 295-320 View citations (305)
39. Plan B
    The Economists' Voice, 2008, 5, (6), 5 View citations (2)
40. The Corporate Governance Role of the Media: Evidence from Russia
    Journal of Finance, 2008, 63, (3), 1093-1135 View citations (345)
    See also Working Paper The Corporate Governance Role of the Media: Evidence from Russia, Working Papers (2007) View citations (18) (2007)
41. Trusting the Stock Market
    Journal of Finance, 2008, 63, (6), 2557-2600 View citations (909)
    See also Working Paper Trusting the Stock Market, CEPR Discussion Papers (2005) View citations (30) (2005)
42. Why Paulson is Wrong
    The Economists' Voice, 2008, 5, (5), 3 View citations (5)

2007

43. Theft and taxes
    Journal of Financial Economics, 2007, 84, (3), 591-623 View citations (163)
    See also Working Paper Theft and Taxes, NBER Working Papers (2004) View citations (14) (2004)

2006

44. Does Culture Affect Economic Outcomes?
    Journal of Economic Perspectives, 2006, 20, (2), 23-48 View citations (1672)
    See also Working Paper Does Culture Affect Economic Outcomes?, CEPR Discussion Papers (2006) View citations (1705) (2006)
45. Making Capitalism Work for Everyone
    World Economics, 2006, 7, (1), 1-10 View citations (1)
46. What Has Mattered to Economics Since 1970
    Journal of Economic Perspectives, 2006, 20, (4), 189-202 View citations (81)
    See also Working Paper What Has Mattered to Economics Since 1970, NBER Working Papers (2006) View citations (81) (2006)

2004

47. Bureaucracy as a Mechanism to Generate Information
    RAND Journal of Economics, 2004, 35, (2), 245-259 View citations (14)
    See also Working Paper Bureaucracy as a Mechanism to Generate Information, CEPR Discussion Papers (2003) View citations (2) (2003)
48. Control Premiums and the Effectiveness of Corporate Governance Systems
    Journal of Applied Corporate Finance, 2004, 16, (2‐3), 51-72 View citations (9)
49. Does Local Financial Development Matter?
    The Quarterly Journal of Economics, 2004, 119, (3), 929-969 View citations (614)
    See also Working Paper Does Local Financial Development Matter?, CEPR Discussion Papers (2002) View citations (41) (2002)
    Chapter Does Local Financial Development Matter?, Springer Books, 2009, 31-66 (2009) View citations (7) (2009)
50. The Role of Social Capital in Financial Development
    American Economic Review, 2004, 94, (3), 526-556 View citations (1483)
    See also Working Paper The Role of Social Capital In Financial Development, CEPR Discussion Papers (2000) View citations (92) (2000)

2003

51. Commentary on More on finance and growth: more finance, more growth?\\"
    Review, 2003, 85, (Jul), 47-52 View citations (6)
52. Financial markets and economic freedom
    Proceedings, 2003, (Oct), 175-189
53. People's opium? Religion and economic attitudes
    Journal of Monetary Economics, 2003, 50, (1), 225-282 View citations (779)
    See also Working Paper People's Opium? Religion and Economic Attitudes, NBER Working Papers (2002) View citations (17) (2002)
54. The great reversals: the politics of financial development in the twentieth century
    Journal of Financial Economics, 2003, 69, (1), 5-50 View citations (1498)

2001

55. Financial Systems, Industrial Structure, and Growth
    Oxford Review of Economic Policy, 2001, 17, (4), 467-482 View citations (142)
56. The Firm as a Dedicated Hierarchy: A Theory of the Origins and Growth of Firms
    The Quarterly Journal of Economics, 2001, 116, (3), 805-851 View citations (244)
    See also Working Paper The Firm as a Dedicated Hierarchy: A Theory of the Origin and Growth of Firms, NBER Working Papers (2000) View citations (29) (2000)
57. The Influence of the Financial Revolution on the Nature of Firms
    American Economic Review, 2001, 91, (2), 206-211 View citations (51)
    See also Working Paper The Influence of the Financial Revolution on the Nature of Firms, CEPR Discussion Papers (2001) View citations (51) (2001)

2000

58. In Search of New Foundations
    Journal of Finance, 2000, 55, (4), 1623-1653 View citations (356)
    See also Working Paper In Search of New Foundations, CRSP working papers (2000) View citations (355) (2000)
59. Investment-Cash Flow Sensitivities Are Not Valid Measures of Financing Constraints
    The Quarterly Journal of Economics, 2000, 115, (2), 707-712 View citations (419)
    See also Working Paper Investment-Cash Flow Sensitivities are not Valid Measures of Financing Constraints, NBER Working Papers (2000) View citations (408) (2000)
60. The Cost of Diversity: The Diversification Discount and Inefficient Investment
    Journal of Finance, 2000, 55, (1), 35-80 View citations (614)
    See also Working Paper The Cost of Diversity: The Diversification Discount and Inefficient Investment, CEPR Discussion Papers (1998) View citations (80) (1998)
61. The tyranny of inequality
    Journal of Public Economics, 2000, 76, (3), 521-558 View citations (50)
    See also Working Paper The Tyranny of Inequality, CRSP working papers (1999) View citations (5) (1999)

1998

62. DEBT, FOLKLORE, AND CROSS‐COUNTRY DIFFERENCES IN FINANCIAL STRUCTURE
    Journal of Applied Corporate Finance, 1998, 10, (4), 102-107 View citations (9)
63. Financial Dependence and Growth
    American Economic Review, 1998, 88, (3), 559-86 View citations (3582)
    See also Working Paper Financial Dependence and Growth, NBER Working Papers (1996) View citations (79) (1996)
64. Power in a Theory of the Firm
    The Quarterly Journal of Economics, 1998, 113, (2), 387-432 View citations (482)
    See also Working Paper Power in a Theory of the Firm, CEPR Discussion Papers (1998) View citations (475) (1998)
65. WHICH CAPITALISM? LESSONS FORM THE EAST ASIAN CRISIS
    Journal of Applied Corporate Finance, 1998, 11, (3), 40-48 View citations (48)
    See also Working Paper Which Capitalism? Lessons from the East Asian Crisis, CRSP working papers (1998) View citations (221) (1998)

1997

66. Do Investment-Cash Flow Sensitivities Provide Useful Measures of Financing Constraints?
    The Quarterly Journal of Economics, 1997, 112, (1), 169-215 View citations (2306)

1996

67. The stock market as a source of capital: Some lessons from initial public offerings in Italy
    European Economic Review, 1996, 40, (3-5), 1057-1069 View citations (17)

1995

68. Insider Ownership and the Decision to Go Public
    The Review of Economic Studies, 1995, 62, (3), 425-448 View citations (276)
69. What Determines the Value of Corporate Votes?
    The Quarterly Journal of Economics, 1995, 110, (4), 1047-1073 View citations (188)
70. What Do We Know about Capital Structure? Some Evidence from International Data
    Journal of Finance, 1995, 50, (5), 1421-60 View citations (2341)
    See also Working Paper What Do We Know About Capital Structure? Some Evidence from International Data, NBER Working Papers (1994) View citations (13) (1994)

1994

71. The Value of the Voting Right: A Study of the Milan Stock Exchange Experience
    The Review of Financial Studies, 1994, 7, (1), 125-48 View citations (296)

Edited books

2021

1. The Palgrave Handbook of Technological Finance
   Springer Books, Springer View citations (2)

2016

2. The Impact of Incomplete Contracts on Economics
   OUP Catalogue, Oxford University Press View citations (23)

Chapters

2011

1. CURBING RISK ON WALL STREET
   Chapter 19 in Macroprudential Regulatory Policies The New Road to Financial Stability?, 2011, pp 313-330
2. Comment on "A Fistful of Dollars: Lobbying and the Financial Crisis"
   A chapter in NBER Macroeconomics Annual 2011, Volume 26, 2011, pp 236-243 View citations (1)
3. The "Cultural Revolution" in Finance
   A chapter in Causes and Consequences of Corporate Culture, 2011, pp 1-4 View citations (1)
4. The Value of Corporate Culture
   A chapter in Causes and Consequences of Corporate Culture, 2011, pp 60-76
   See also Working Paper The Value of Corporate Culture, National Bureau of Economic Research, Inc (2013) View citations (11) (2013)
   Journal Article The value of corporate culture, Elsevier (2015) View citations (150) (2015)

2009

5. Does Local Financial Development Matter?
   Springer View citations (7)
   See also Journal Article Does Local Financial Development Matter?, President and Fellows of Harvard College (2004) View citations (614) (2004)
   Working Paper Does Local Financial Development Matter?, C.E.P.R. Discussion Papers (2002) View citations (41) (2002)

2000

6. Ownership Structures and the Decision to Go Public: Private versus Social Optimality
   A chapter in Concentrated Corporate Ownership, 2000, pp 55-80 View citations (9)
7. The Eclipse of the U.S. Tire Industry
   A chapter in Mergers and Productivity, 2000, pp 51-92 View citations (2)
   See also Working Paper The Eclipse of the U.S. Tire Industry, U.S. Census Bureau, Center for Economic Studies (1997) (1997)