Details about Robert W. Vishny

Access statistics for papers by Robert W. Vishny.

Last updated 2010-09-29. Update your information in the RePEc Author Service.

Short-id: pvi218

Working Papers

2015

1. Neglected Risks: The Psychology of Financial Crises
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (88)

2014

2. Banks as Patient Fixed Income Investors
   Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) View citations (8)
   Also in NBER Working Papers, National Bureau of Economic Research, Inc (2014) View citations (11)

2013

3. Finance and the Preservation of Wealth
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (12)

2012

4. Money Doctors
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (2)

2011

5. A Model of Shadow Banking
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (23)

2010

6. Asset Fire Sales and Credit Easing
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (34)
   See also Journal Article Asset Fire Sales and Credit Easing, American Economic Review, American Economic Association (2010) View citations (34) (2010)
7. Financial Innovation and Financial Fragility
   Working Papers, Fondazione Eni Enrico Mattei View citations (74)
8. Fire Sales in Finance and Macroeconomics
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (25)
9. Neglected Risks, Financial Innovation, and Financial Fragility
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (30)
   See also Chapter Neglected Risks, Financial Innovation, and Financial Fragility, NBER Chapters, National Bureau of Economic Research, Inc (2010) View citations (24) (2010)

2009

10. Unstable Banking
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (11)
    See also Journal Article Unstable banking, Journal of Financial Economics, Elsevier (2010) View citations (146) (2010)

2001

11. Investor Protection and Corporate Governance
    Working Paper Series, Harvard University, John F. Kennedy School of Government View citations (11)
    See also Journal Article Investor protection and corporate governance, Journal of Financial Economics, Elsevier (2000) View citations (1833) (2000)
12. Stock Market Driven Acquisitions
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (25)
    See also Journal Article Stock market driven acquisitions, Journal of Financial Economics, Elsevier (2003) View citations (589) (2003)

1999

13. Investor Protection and Corporate Valuation
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (77)
    Also in Harvard Institute of Economic Research Working Papers, Harvard - Institute of Economic Research (1999) View citations (48)
14. Investor Protection: Origins, Consequences, Reform
    Harvard Institute of Economic Research Working Papers, Harvard - Institute of Economic Research View citations (38)
15. Investor Protection: Origins, Consequences, and Reform
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (51)

1998

16. Agency Problems and Dividend Policies Around the World
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (22)
    Also in Harvard Institute of Economic Research Working Papers, Harvard - Institute of Economic Research (1998) View citations (14)
    See also Journal Article Agency Problems and Dividend Policies around the World, Journal of Finance, American Finance Association (2000) View citations (960) (2000)
17. The Quality of Goverment
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (12)
    Also in Harvard Institute of Economic Research Working Papers, Harvard - Institute of Economic Research (1998) View citations (132)
    See also Journal Article The Quality of Government, The Journal of Law, Economics, and Organization, Oxford University Press (1999) View citations (2792) (1999)

1997

18. A Model of Investor Sentiment
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (19)
    See also Journal Article A model of investor sentiment, Journal of Financial Economics, Elsevier (1998) View citations (1557) (1998)
19. Legal Determinants of External Finance
    Harvard Institute of Economic Research Working Papers, Harvard - Institute of Economic Research View citations (3230)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (1997) View citations (3828)
    CRSP working papers, Center for Research in Security Prices, Graduate School of Business, University of Chicago View citations (42)
    See also Journal Article Legal Determinants of External Finance, Journal of Finance, American Finance Association (1997) View citations (3774) (1997)

1996

20. A Survey of Corporate Governance
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (60)
    Also in Harvard Institute of Economic Research Working Papers, Harvard - Institute of Economic Research (1995) View citations (36)
    See also Journal Article A Survey of Corporate Governance, Journal of Finance, American Finance Association (1997) View citations (3957) (1997)
21. Law and Finance
    Harvard Institute of Economic Research Working Papers, Harvard - Institute of Economic Research View citations (60)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (1996) View citations (125)
    See also Journal Article Law and Finance, Journal of Political Economy, University of Chicago Press (1998) View citations (5506) (1998)
22. The Proper Scope of Government: Theory and an Application to Prisons
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (17)
    Also in Harvard Institute of Economic Research Working Papers, Harvard - Institute of Economic Research (1996) View citations (11)
23. Trust in Large Organizations
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (109)

1995

24. Good News for Value Stocks: Further Evidence on Market Efficiency
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (14)
25. Privatization in the United States
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (13)
    Also in Harvard Institute of Economic Research Working Papers, Harvard - Institute of Economic Research (1995) View citations (7)
    See also Journal Article Privatization in the United States, RAND Journal of Economics, The RAND Corporation (1997) View citations (119) (1997)
26. The Limits of Arbitrage
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (8)
    Also in Harvard Institute of Economic Research Working Papers, Harvard - Institute of Economic Research (1995) View citations (4)
    See also Journal Article The Limits of Arbitrage, Journal of Finance, American Finance Association (1997) View citations (1702) (1997)

1993

27. Contrarian Investment, Extrapolation, and Risk
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (16)
    See also Journal Article Contrarian Investment, Extrapolation, and Risk, Journal of Finance, American Finance Association (1994) View citations (1170) (1994)
28. Corruption
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (2)

1991

29. Asset Sales and Debt Capacity
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (9)
30. Do Institutional Investors Destabilize Stock Prices? Evidence on Herding and Feedback Trading
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (23)
31. Pervasive Shortages Under Socialism
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (1)
    See also Journal Article Pervasive Shortages under Socialism, RAND Journal of Economics, The RAND Corporation (1992) View citations (57) (1992)
32. Window Dressing by Pension Fund Managers
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (219)

1990

33. The Allocation of Talent: Implications for Growth
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (18)

1989

34. Building Blocks of Market Clearing Business Cycle Models
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (91)
    See also Chapter Building Blocks of Market Clearing Business Cycle Models, NBER Chapters, National Bureau of Economic Research, Inc (1989) View citations (89) (1989)
35. Do Managerial Objectives Drive Bad Acquisitions?
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (5)
    See also Journal Article Do Managerial Objectives Drive Bad Acquisitions?, Journal of Finance, American Finance Association (1990) View citations (691) (1990)
36. Increasing Returns, Durables and Economic Fluctuations
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (8)

1988

37. Alternative Mechanisms for Corporate Control
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (16)
    See also Journal Article Alternative Mechanisms for Corporate Control, American Economic Review, American Economic Association (1989) View citations (250) (1989)
38. Income Distribution, Market Size, and Industrialization
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (4)
39. Industrialization and the Big Push
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (22)
    See also Journal Article Industrialization and the Big Push, Journal of Political Economy, University of Chicago Press (1989) View citations (1000) (1989)

1987

40. Characteristics of Hostile and Friendly Takeover Targets
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (14)
41. The Efficiency of Investment in the Presence of Aggregate Demand Spillovers
    NBER Working Papers, National Bureau of Economic Research, Inc
    See also Journal Article The Efficiency of Investment in the Presence of Aggregate Demand Spillovers, Journal of Political Economy, University of Chicago Press (1988) View citations (21) (1988)

1986

42. Management Ownership and Corporate Performance: An Empirical Analysis
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (14)

Undated

43. A Model of Investment Sentiment
    CRSP working papers, Center for Research in Security Prices, Graduate School of Business, University of Chicago

Journal Articles

2010

1. Asset Fire Sales and Credit Easing
   American Economic Review, 2010, 100, (2), 46-50 View citations (34)
   See also Working Paper Asset Fire Sales and Credit Easing, NBER Working Papers (2010) View citations (34) (2010)
2. Unstable banking
   Journal of Financial Economics, 2010, 97, (3), 306-318 View citations (146)
   See also Working Paper Unstable Banking, NBER Working Papers (2009) View citations (11) (2009)

2004

3. La protección del inversionista y la administración corporativa
   El Trimestre Económico, 2004, LXXI (3), (283), 497-532

2003

4. Stock market driven acquisitions
   Journal of Financial Economics, 2003, 70, (3), 295-311 View citations (589)
   See also Working Paper Stock Market Driven Acquisitions, NBER Working Papers (2001) View citations (25) (2001)

2000

5. Agency Problems and Dividend Policies around the World
   Journal of Finance, 2000, 55, (1), 1-33 View citations (960)
   See also Working Paper Agency Problems and Dividend Policies Around the World, NBER Working Papers (1998) View citations (22) (1998)
6. Investor protection and corporate governance
   Journal of Financial Economics, 2000, 58, (1-2), 3-27 View citations (1833)
   See also Working Paper Investor Protection and Corporate Governance, Working Paper Series (2001) View citations (11) (2001)

1999

7. The Quality of Government
   The Journal of Law, Economics, and Organization, 1999, 15, (1), 222-79 View citations (2792)
   See also Working Paper The Quality of Goverment, NBER Working Papers (1998) View citations (12) (1998)

1998

8. A model of investor sentiment
   Journal of Financial Economics, 1998, 49, (3), 307-343 View citations (1557)
   See also Working Paper A Model of Investor Sentiment, NBER Working Papers (1997) View citations (19) (1997)
9. Law and Finance
   Journal of Political Economy, 1998, 106, (6), 1113-1155 View citations (5506)
   See also Working Paper Law and Finance, Harvard Institute of Economic Research Working Papers (1996) View citations (60) (1996)

1997

10. A Survey of Corporate Governance
    Journal of Finance, 1997, 52, (2), 737-83 View citations (3957)
    See also Working Paper A Survey of Corporate Governance, NBER Working Papers (1996) View citations (60) (1996)
11. Legal Determinants of External Finance
    Journal of Finance, 1997, 52, (3), 1131-50 View citations (3774)
    See also Working Paper Legal Determinants of External Finance, Harvard Institute of Economic Research Working Papers (1997) View citations (3230) (1997)
12. Privatization in the United States
    RAND Journal of Economics, 1997, 28, (3), 447-471 View citations (119)
    See also Working Paper Privatization in the United States, NBER Working Papers (1995) View citations (13) (1995)
13. The Limits of Arbitrage
    Journal of Finance, 1997, 52, (1), 35-55 View citations (1702)
    See also Working Paper The Limits of Arbitrage, NBER Working Papers (1995) View citations (8) (1995)

1996

14. A Theory of Privatisation
    Economic Journal, 1996, 106, (435), 309-19 View citations (425)
15. Second-best economic policy for a divided government
    European Economic Review, 1996, 40, (3-5), 767-774 View citations (11)
16. Toward a theory of legal reform
    European Economic Review, 1996, 40, (3-5), 559-567 View citations (18)

1994

17. Contrarian Investment, Extrapolation, and Risk
    Journal of Finance, 1994, 49, (5), 1541-78 View citations (1170)
    See also Working Paper Contrarian Investment, Extrapolation, and Risk, NBER Working Papers (1993) View citations (16) (1993)
18. The Politics of Market Socialism
    Journal of Economic Perspectives, 1994, 8, (2), 165-176 View citations (38)
19. Voucher privatization
    Journal of Financial Economics, 1994, 35, (2), 249-266 View citations (67)

1993

20. Privatizing Russia
    Brookings Papers on Economic Activity, 1993, 24, (2), 139-192 View citations (122)
21. Why Is Rent-Seeking So Costly to Growth?
    American Economic Review, 1993, 83, (2), 409-14 View citations (721)

1992

22. Liquidation Values and Debt Capacity: A Market Equilibrium Approach
    Journal of Finance, 1992, 47, (4), 1343-66 View citations (1192)
23. Pervasive Shortages under Socialism
    RAND Journal of Economics, 1992, 23, (2), 237-246 View citations (57)
    See also Working Paper Pervasive Shortages Under Socialism, NBER Working Papers (1991) View citations (1) (1991)
24. The impact of institutional trading on stock prices
    Journal of Financial Economics, 1992, 32, (1), 23-43 View citations (686)

1991

25. Reversing the Soviet Economic Collapse
    Brookings Papers on Economic Activity, 1991, 22, (2), 341-367 View citations (7)
26. THE TAKEOVER WAVE OF THE 1980s
    Journal of Applied Corporate Finance, 1991, 4, (3), 49-56 View citations (13)

1990

27. Do Managerial Objectives Drive Bad Acquisitions?
    Journal of Finance, 1990, 45, (1), 31-48 View citations (691)
    See also Working Paper Do Managerial Objectives Drive Bad Acquisitions?, NBER Working Papers (1989) View citations (5) (1989)
28. Equilibrium Short Horizons of Investors and Firms
    American Economic Review, 1990, 80, (2), 148-53 View citations (154)
29. The Stock Market and Investment: Is the Market a Sideshow?
    Brookings Papers on Economic Activity, 1990, 21, (2), 157-216 View citations (263)

1989

30. Alternative Mechanisms for Corporate Control
    American Economic Review, 1989, 79, (4), 842-52 View citations (250)
    See also Working Paper Alternative Mechanisms for Corporate Control, NBER Working Papers (1988) View citations (16) (1988)
31. Industrialization and the Big Push
    Journal of Political Economy, 1989, 97, (5), 1003-26 View citations (1000)
    See also Working Paper Industrialization and the Big Push, NBER Working Papers (1988) View citations (22) (1988)
32. Management entrenchment: The case of manager-specific investments
    Journal of Financial Economics, 1989, 25, (1), 123-139 View citations (708)

1988

33. Management ownership and market valuation: An empirical analysis
    Journal of Financial Economics, 1988, 20, (1-2), 293-315 View citations (2051)
34. The Efficiency of Investment in the Presence of Aggregate Demand Spillovers
    Journal of Political Economy, 1988, 96, (6), 1221-31 View citations (21)
    See also Working Paper The Efficiency of Investment in the Presence of Aggregate Demand Spillovers, NBER Working Papers (1987) (1987)
35. Value Maximization and the Acquisition Process
    Journal of Economic Perspectives, 1988, 2, (1), 7-20 View citations (157)

1986

36. Greenmail, White Knights, and Shareholders' Interest
    RAND Journal of Economics, 1986, 17, (3), 293-309 View citations (20)
37. Large Shareholders and Corporate Control
    Journal of Political Economy, 1986, 94, (3), 461-88 View citations (2361)

Chapters

2010

1. Neglected Risks, Financial Innovation, and Financial Fragility
   A chapter in Market Institutions and Financial Market Risk, 2010 View citations (24)
   See also Working Paper Neglected Risks, Financial Innovation, and Financial Fragility, National Bureau of Economic Research, Inc (2010) View citations (30) (2010)

1994

2. Privatization in Russia: First Steps
   A chapter in The Transition in Eastern Europe, Volume 2, Restructuring, 1994, pp 137-164 View citations (6)

1989

3. Building Blocks of Market Clearing Business Cycle Models
   A chapter in NBER Macroeconomics Annual 1989, Volume 4, 1989, pp 247-302 View citations (89)
   See also Working Paper Building Blocks of Market Clearing Business Cycle Models, National Bureau of Economic Research, Inc (1989) View citations (91) (1989)

1988

4. Characteristics of Targets of Hostile and Friendly Takeovers
   A chapter in Corporate Takeovers: Causes and Consequences, 1988, pp 101-136 View citations (118)

1987

5. Management Buyouts as a Response to Market Pressure
   A chapter in Mergers and Acquisitions, 1987, pp 87-102 View citations (3)