Content
2021, Volume 34, Issue 6
- 2910-2948 Self-Fulfilling Fire Sales: Fragility of Collateralized Short-Term Debt Markets
by John Chi-Fong Kuong - 2949-2992 Collateral Runs
by Sebastian Infante & Alexandros P Vardoulakis - 2993-3044 Mutual Fund Trading Style and Bond Market Fragility
by Amber Anand & Chotibhak Jotikasthira & Kumar Venkataraman - 3045-3094 Marketing Mutual Funds
by Nikolai Roussanov & Hongxun Ruan & Yanhao Wei & Stijn Van Nieuwerburgh - 3095-3137 Political Influence and the Renegotiation of Government Contracts
by Jonathan Brogaard & Matthew Denes & Ran Duchin & David Denis - 3138-3180 Political Cycles in Bank Lending to the Government
by Michael Koetter & Alexander Popov - 3181-3212 The Effect of Bank Supervision and Examination on Risk Taking: Evidence from a Natural Experiment
by John Kandrac & Bernd Schlusche
2021, Volume 34, Issue 5
- 2181-2235 The Rise of Shadow Banking: Evidence from Capital Regulation
[Securities trading by banks and credit supply: Micro-evidence from the crisis]
by Rustom M Irani & Rajkamal Iyer & Ralf R Meisenzahl & José-Luis Peydró - 2236-2274 Mortgage Securitization and Shadow Bank Lending
[The liquidity coverage ratio and liquidity risk monitoring tools]
by Pedro Gete & Michael Reher - 2275-2317 Learning about Competitors: Evidence from SME Lending
[Monthly payment targeting and the demand for maturity]
by Olivier Darmouni & Andrew Sutherland - 2318-2361 Marketplace Lending, Information Aggregation, and Liquidity
[Joint projects without commitment]
by Julian Franks & Nicolas Serrano-Velarde & Oren Sussman - 2362-2410 Mutual Funds as Venture Capitalists? Evidence from Unicorns
[The role of boards of directors in corporate governance: a conceptual framework and survey]
by Sergey Chernenko & Josh Lerner & Yao Zeng - 2411-2447 Public Market Players in the Private World: Implications for the Going-Public Process
[Robust financial contracting and the role of venture capitalists]
by Shiyang Huang & Yifei Mao & Cong (Roman) Wang & Dexin Zhou - 2448-2507 Household Inequality, Entrepreneurial Dynamism, and Corporate Financing
[The colonial origins of comparative development: An empirical investigation]
by Fabio Braggion & Mintra Dwarkasing & Steven Ongena - 2508-2548 Cyclical Fluctuations, Financial Shocks, and the Entry of Fast-Growing Entrepreneurial Startups
[Young, restless and creative: Openness to disruption and creative innovations]
by Christoph Albert & Andrea Caggese - 2549-2579 Minimum Wages and Consumer Credit: Effects on Access and Borrowing
[Price pass-through and the minimum wage]
by Lisa J Dettling & Joanne W Hsu - 2580-2607 Side Effects of Nudging: Evidence from a Randomized Intervention in the Credit Card Market
[Regulating consumer financial products: Evidence from credit cards]
by Paolina C Medina - 2608-2647 Impulsive Consumption and Financial Well-Being: Evidence from an Increase in the Availability of Alcohol
[Identification of causal effects using instrumental variables]
by Itzhak Ben-David & Marieke Bos - 2648-2687 Housing, Mortgages, and Self-Control
[Measuring self-control problems]
by Kathrin Schlafmann
2021, Volume 34, Issue 4
- 1617-1660 How Do Consumers Fare When Dealing with Debt Collectors? Evidence from Out-of-Court Settlements
[Why don’t lenders renegotiate more home mortgages? Redefaults, self-cures and securitization]
by Ing-Haw Cheng & Felipe Severino & Richard R Townsend & Stijn Van Nieuwerburgh - 1661-1698 Can Strong Creditors Inhibit Entrepreneurial Activity?
[Creditor rights and corporate risk-taking]
by Nuri Ersahin & Rustom M Irani & Katherine Waldock - 1699-1746 (Debt) Overhang: Evidence from Resource Extraction
[Leverage and investment in diversified firms]
by Michael D Wittry - 1747-1788 Sharing the Pain? Credit Supply and Real Effects of Bank Bail-ins
[High wage workers and high wage firms]
by Thorsten Beck & Samuel Da-Rocha-Lopes & André F Silva & Francesca Cornelli - 1789-1833 Corporate Cash Shortfalls and Financing Decisions
[Market timing and capital structure]
by Rongbing Huang & Jay R Ritter & David Denis - 1834-1866 Corporate Money Demand
[Financial innovation and the transactions demand for cash]
by Xiaodan Gao & Toni M Whited & Na Zhang - 1867-1906 Why Does Equity Capital Flow out of High Tobin’sIndustries?
[How q and cash flow affect investment without frictions: An analytic explanation]
by Dong Wook Lee & Hyun-Han Shin & René M Stulz & David Denis - 1907-1951 Evaluating Firm-Level Expected-Return Proxies: Implications for Estimating Treatment Effects
[The cross-section of volatility and expected returns]
by Charles M C Lee & Eric C So & Charles C Y Wang & Wei Jiang - 1952-1986 Does Option Trading Have a Pervasive Impact on Underlying Stock Prices?
[Equity market impact]
by Sophie X Ni & Neil D Pearson & Allen M Poteshman & Joshua White & Andrew Karolyi - 1987-2044 Who Is Afraid of BlackRock?
[Connected stocks]
by Massimo Massa & David Schumacher & Yan Wang - 2045-2100 Break Risk
[Maximum likelihood estimation of the equity premium]
by Simon C Smith & Allan Timmermann & Stijn Van Nieuwerburgh - 2101-2123 Illiquidity and Stock Returns II: Cross-section and Time-series Effects
[A simple estimation of bid-ask spreads from daily close, high and low prices]
by Yakov Amihud & Joonki Noh & Andrew Karolyi - 2124-2125 Editor’s Note: Introducing the Review Article “Perspectives on the Future of Asset Pricing”
by Itay Goldstein - 2126-2160 Review Article: Perspectives on the Future of Asset Pricing
[Do survey expectations of stock returns reflect risk-adjustments?]
by Markus Brunnermeier & Emmanuel Farhi & Ralph S J Koijen & Arvind Krishnamurthy & Sydney C Ludvigson & Hanno Lustig & Stefan Nagel & Monika Piazzesi - 2161-2179 The Annual Report of the Society for Financial Studies for 2019–2020
by Kalok Chan & Andrew Ellul & Itay Goldstein & Craig Holden & Monika Piazzesi & Jeffrey Pontiff
2021, Volume 34, Issue 3
- 1105-1155 Tokenomics: Dynamic Adoption and Valuation
[The demand of liquid assets with uncertain lumpy expenditures]
by Lin William Cong & Ye Li & Neng Wang - 1156-1190 Blockchain without Waste: Proof-of-Stake
[Proof of Work vs Proof of Stake]
by Fahad Saleh & Wei Jiang - 1191-1235 Decentralized Mining in Centralized Pools
[Concentrating on the fall of the labor share]
by Lin William Cong & Zhiguo He & Jiasun Li & Wei Jiang - 1236-1279 Uncertainty, Investor Sentiment, and Innovation
[Was Prometheus unbound by chance? Risk, diversification, and growth]
by David Dicks & Paolo Fulghieri - 1280-1316 Innovation and Informed Trading: Evidence from Industry ETFs
[Short interest, institutional ownership, and stock returns]
by Shiyang Huang & Maureen O’Hara & Zhuo Zhong - 1317-1367 Do Foreign Institutional Investors Improve Price Efficiency?
[Does governance travel around the world? Evidence from institutional investors]
by Marcin Kacperczyk & Savitar Sundaresan & Tianyu Wang & Wei Jiang - 1368-1407 Investor Protection and Capital Fragility: Evidence from Hedge Funds around the World
[Liquidity transformation and financial fragility: Evidence from funds of hedge funds]
by George O Aragon & Vikram Nanda & Haibei Zhao & Wei Jiang - 1408-1444 Savings Gluts and Financial Fragility
[Money, liquidity and monetary policy]
by Patrick Bolton & Tano Santos & Jose A Scheinkman - 1445-1508 Taper Tantrums: Quantitative Easing, Its Aftermath, and Emerging Market Capital Flows
[Pricing the term structure with linear regressions]
by Anusha Chari & Karlye Dilts Stedman & Christian Lundblad & Andrew Karolyi - 1509-1539 Asset Insulators
[Asset pricing and the bid-ask spread]
by Gabriel Chodorow-Reich & Andra Ghent & Valentin Haddad - 1540-1571 Carbon Tail Risk
[Measuring economic policy uncertainty]
by Emirhan Ilhan & Zacharias Sautner & Grigory Vilkov - 1572-1616 The Skewness of the Stock Market over Long Horizons
[Does realized skewness predict the cross-section of equity returns?]
by Anthony Neuberger & Richard Payne & Stijn Van Nieuwerburgh
2021, Volume 34, Issue 2
- 569-617 Performance-Induced CEO Turnover
[The “Wall Street Walk” and shareholder activism: Exit as a form of voice]
by Dirk Jenter & Katharina Lewellen - 618-660 Paying by Donating: Corporate Donations Affiliated with Independent Directors
[Corporate political donations: Investment or agency?]
by Ye Cai & Jin Xu & Jun Yang - 661-699 Weak Governance by Informed Active Shareholders
[The “Wall Street walk” and shareholder activism: Exit as a form of voice]
by Eitan Goldman & Wenyu Wang - 700-762 The Origins and Real Effects of the Gender Gap: Evidence from CEOs’ Formative Years
[Women on boards: The superheroes of tomorrow?]
by Ran Duchin & Mikhail Simutin & Denis Sosyura - 763-789 Do Minorities Pay More for Mortgages?
[Higher-priced home lending and the 2005 HMDA data]
by Neil Bhutta & Aurel Hizmo - 790-826 Does Borrower and Broker Race Affect the Cost of Mortgage Credit?
[Why don’t lenders renegotiate more home mortgages? Redefaults, self-cures and securitization]
by Brent W Ambrose & James N Conklin & Luis A Lopez - 827-863 Do Neighborhoods Affect the Credit Market Decisions of Low-Income Borrowers? Evidence from the Moving to Opportunity Experiment
[Asset prices under habit formation and catching up with the Joneses]
by Sarah Miller & Cindy K Soo - 864-906 A Crisis of Missed Opportunities? Foreclosure Costs and Mortgage Modification During the Great Recession
[Synthetic control methods for comparative case studies: Estimating the effect of California’s tobacco control program]
by Stuart Gabriel & Matteo Iacoviello & Chandler Lutz - 907-948 The Babies of Mortgage Market Deregulation
[Secular stagnation? The effect of aging on economic growth in the age of automation]
by Isaac Hacamo - 949-984 Does Household Finance Affect the Political Process? Evidence from Voter Turnout During a Housing Crisis
[Loan originations and defaults in the mortgage crisis: The role of the middle class]
by W Ben McCartney - 985-1045 How Important Are Inflation Expectations for the Nominal Yield Curve?
[Pricing the term structure with linear regressions]
by Roberto Gomez-Cram & Amir Yaron - 1046-1089 Bond Risk Premiums with Machine Learning
[Quadratic term structure models: Theory and evidence]
by Daniele Bianchi & Matthias Büchner & Andrea Tamoni - 1090-1103 Corrigendum: Bond Risk Premiums with Machine Learning
[Bond risk premiums with machine learning]
by Daniele Bianchi & Matthias Büchner & Tobias Hoogteijling & Andrea Tamoni
2021, Volume 34, Issue 1
- 1-66 CAPM-Based Company (Mis)valuations
[Credit lines as monitored liquidity insurance: Theory and evidence]
by Olivier Dessaint & Jacques Olivier & Clemens A Otto & David Thesmar - 67-107 Models or Stars: The Role of Asset Pricing Models and Heuristics in Investor Risk Adjustment
[Which factors matter to investors? evidence from mutual fund flows]
by Richard B Evans & Yang Sun - 108-148 What Do Fund Flows Reveal about Asset Pricing Models and Investor Sophistication?
[Alpha or beta in the eye of the beholder: What drives hedge fund flows?]
by Narasimhan Jegadeesh & Chandra Sekhar Mangipudi - 149-193 Out-of-Sample Performance of Mutual Fund Predictors
[Has U.S. corporate bond market liquidity deteriorated?]
by Christopher S Jones & Haitao Mo - 194-226 Portfolio Pumping and Managerial Structure
[Internal governance mechanisms and operational performance: Evidence from index mutual funds]
by Saurin Patel & Sergei Sarkissian - 227-263 Best Buys and Own Brands: Investment Platforms’ Recommendations of Mutual Funds
[Understanding the advice of commissions-motivated agents: Evidence from the Indian life insurance market]
by Gordon Cookson & Tim Jenkinson & Howard Jones & Jose Vicente Martinez - 264-312 The Chinese Warrants Bubble: Evidence from Brokerage Account Records
[Bubbles and crises]
by Neil D Pearson & Zhishu Yang & Qi Zhang - 313-350 Winners, Losers, and Regulators in a Derivatives Market Bubble
[Bubbles and crashes]
by Xindan Li & Avanidhar Subrahmanyam & Xuewei Yang - 351-393 Momentum and Reversals When Overconfident Investors Underestimate Their Competition
[The financial crisis of 2007–2009: Causes and remedies]
by Jiang Luo & Avanidhar Subrahmanyam & Sheridan Titman - 394-450 Implied Stochastic Volatility Models
[Testing continuous-time models of the spot interest rate]
by Yacine Aït-Sahalia & Chenxu Li & Chen Xu Li - 451-508 Untangling the Value Premium with Labor Shares
[A unified model of investment under uncertainty]
by Andres Donangelo - 509-568 Heterogeneous Taxes and Limited Risk Sharing: Evidence from Municipal Bonds
[The distribution of realized stock return volatility]
by Tania Babina & Chotibhak Jotikasthira & Christian Lundblad & Tarun Ramadorai
2020, Volume 33, Issue 12
- 5463-5509 The Deregulation of the Private Equity Markets and the Decline in IPOs
by Michael Ewens & Joan Farre-Mensa - 5510-5554 Information Revealed through the Regulatory Process: Interactions between the SEC and Companies ahead of Their IPO
by Michelle Lowry & Roni Michaely & Ekaterina Volkova & Francesca Cornelli - 5555-5593 The Role of Government in Firm Outcomes
by Ran Duchin & Zhenyu Gao & Haibing Shu & David Denis - 5594-5629 Rules versus Discretion in Bank Resolution
by Ansgar Walther & Lucy White & Itay Goldstein - 5630-5659 Overcoming Discount Window Stigma: An Experimental Investigation
by Olivier Armantier & Charles A Holt & Itay Goldstein - 5660-5705 Pipeline Risk in Leveraged Loan Syndication
by Max Bruche & Frederic Malherbe & Ralf R Meisenzahl - 5706-5749 Credit and Punishment: Are Corporate Bankers Disciplined for Risk-Taking?
by Janet Gao & Kristoph Kleiner & Joseph Pacelli & Itay Goldstein - 5750-5783 Communication within Banking Organizations and Small Business Lending
by Ross Levine & Chen Lin & Qilin Peng & Wensi Xie - 5784-5820 Creditor Rights, Technology Adoption, and Productivity: Plant-Level Evidence
by Nuri Ersahin & Philip Strahan - 5821-5855 The Collateralizability Premium
by Hengjie Ai & Jun E Li & Kai Li & Christian Schlag - 5856-5905 Production Networks and Stock Returns: The Role of Vertical Creative Destruction
by Michael Gofman & Gill Segal & Youchang Wu & Stijn Van Nieuwerburgh - 5906-5939 Competition, Markups, and Predictable Returns
by Alexandre Corhay & Howard Kung & Lukas Schmid & Stijn Van Nieuwerburgh
2020, Volume 33, Issue 11
- 4973-5014 Options Trading Costs Are Lower than You Think
by Dmitriy Muravyev & Neil D Pearson & Stijn Van Nieuwerburgh - 5015-5050 Derivatives Supply and Corporate Hedging: Evidence from the Safe Harbor Reform of 2005
by Erasmo Giambona & Ye Wang & Philip Strahan - 5051-5091 Renting Balance Sheet Space: Intermediary Balance Sheet Rental Costs and the Valuation of Derivatives
by Matthias Fleckenstein & Francis A Longstaff & Stijn Van Nieuwerburgh - 5092-5130 The Effect of Cash Injections: Evidence from the 1980s Farm Debt Crisis
by Nittai K Bergman & Rajkamal Iyer & Richard T Thakor & Philip Strahan - 5131-5172 Informational Efficiency in Securitization after Dodd-Frank
by Sean J Flynn & Andra C Ghent & Alexei Tchistyi & Stijn Van Nieuwerburgh - 5173-5211 Safe Collateral, Arm’s-Length Credit: Evidence from the Commercial Real Estate Market
by Lamont K Black & John R Krainer & Joseph B Nichols & Stijn Van Nieuwerburgh - 5212-5247 Speculators and Middlemen: The Strategy and Performance of Investors in the Housing Market
by Patrick Bayer & Christopher Geissler & Kyle Mangum & James W Roberts & Andrew Karolyi - 5248-5287 Economic Consequences of Housing Speculation
by Zhenyu Gao & Michael Sockin & Wei Xiong & Itay Goldstein - 5288-5332 Role of the Community Reinvestment Act in Mortgage Supply and the U.S. Housing Boom
by Vahid Saadi & Stijn Van Nieuwerburgh - 5333-5377 Financial Inclusion, Human Capital, and Wealth Accumulation: Evidence from the Freedman’s Savings Bank
by Luke C D Stein & Constantine Yannelis & Francesca Cornelli - 5378-5415 The Effects of Competition in Consumer Credit Markets
by Stefan Gissler & Rodney Ramcharan & Edison Yu & Philip Strahan - 5416-5462 Monthly Payment Targeting and the Demand for Maturity
by Bronson S Argyle & Taylor D Nadauld & Christopher J Palmer & Itay Goldstein
2020, Volume 33, Issue 10
- 4445-4488 Deadlock on the Board
by Jason Roderick Donaldson & Nadya Malenko & Giorgia Piacentino & Itay Goldstein - 4489-4531 Monitoring the Monitor: Distracted Institutional Investors and Board Governance
by Claire Liu & Angie Low & Ronald W Masulis & Le Zhang & Wei Jiang - 4532-4579 Public Oversight and Reporting Credibility: Evidence from the PCAOB Audit Inspection Regime
by Brandon Gipper & Christian Leuz & Mark Maffett - 4580-4626 Expectations Management and Stock Returns
by Travis L Johnson & Jinhwan Kim & Eric C So & Lauren Cohen - 4627-4675 Institutional Trading around Corporate News: Evidence from Textual Analysis
by Alan Guoming Huang & Hongping Tan & Russ Wermers & Wei Jiang - 4676-4720 Advertising, Attention, and Financial Markets
by Florens Focke & Stefan Ruenzi & Michael Ungeheuer - 4721-4770 Geographic Lead-Lag Effects
by Christopher A Parsons & Riccardo Sabbatucci & Sheridan Titman - 4771-4810 Home Bias and Local Contagion: Evidence from Funds of Hedge Funds
by Clemens Sialm & Zheng Sun & Lu Zheng - 4811-4838 Bank Geographic Diversification and Systemic Risk
by Yongqiang Chu & Saiying Deng & Cong Xia & Philip Strahan - 4839-4882 Shock Transmission Through Cross-Border Bank Lending: Credit and Real Effects
by Galina Hale & Tümer Kapan & Camelia Minoiu & Philip Strahan - 4883-4915 Mutual Funding
by Javier Gil-Bazo & Peter Hoffmann & Sergio Mayordomo - 4916-4972 Industry Structure and the Strategic Provision of Trade Credit by Upstream Firms
by Alfred Lehar & Victor Y Song & Lasheng Yuan & Itay Goldstein
2020, Volume 33, Issue 9
- 3925-3974 Initial Coin Offerings: Financing Growth with Cryptocurrency Token Sales
by Sabrina T Howell & Marina Niessner & David Yermack & Jiang Wei - 3975-4023 Financing Efficiency of Securities-Based Crowdfunding
by David C Brown & Shaun William Davies & Itay Goldstein - 4024-4060 When Investor Incentives and Consumer Interests Diverge: Private Equity in Higher Education
by Charlie Eaton & Sabrina T Howell & Constantine Yannelis & Francesca Cornelli - 4061-4101 Destructive Creation at Work: How Financial Distress Spurs Entrepreneurship
by Tania Babina - 4102-4138 Why Do Firms Hold Cash? Evidence from Demographic Demand Shifts
by Igor Cunha & Joshua Pollet & David Denis - 4139-4185 Dividend Payouts and Rollover Crises
by Ragnar E Juelsrud & Plamen T Nenov & Itay Goldstein - 4186-4230 Countercyclical Bank Equity Issuance
by Matthew Baron & Itay Goldstein - 4231-4271 Equity Is Cheap for Large Financial Institutions
by Priyank Gandhi & Hanno Lustig & Alberto Plazzi - 4272-4317 Asset Price Bubbles and Systemic Risk
by Markus Brunnermeier & Simon Rother & Isabel Schnabel & Itay Goldstein - 4318-4366 Beta Risk in the Cross-Section of Equities
by Ali Boloorforoosh & Peter Christoffersen & Mathieu Fournier & Christian Gouriéroux & Stijn Van Nieuwerburgh - 4367-4402 Financial Constraints, Monetary Policy Shocks, and the Cross-Section of Equity Returns
by Sudheer Chava & Alex Hsu & Robin Greenwood - 4403-4443 Testing for Multiple-Horizon Predictability: Direct Regression Based versus Implication Based
by Ke-Li Xu & Lauren Cohen
2020, Volume 33, Issue 8
- 3393-3445 Uncertainty and Economic Activity: A Multicountry Perspective
by Ambrogio Cesa-Bianchi & M Hashem Pesaran & Alessandro Rebucci & Stijn Van Nieuwerburgh - 3446-3491 Measuring Sovereign Bond Market Integration
by Ines Chaieb & Vihang Errunza & Rajna Gibson Brandon & Andrew Karolyi - 3492-3540 Gravity in the Exchange Rate Factor Structure
by Hanno Lustig & Robert J Richmond & Andrew Karolyi - 3541-3582 Macroeconomic Tail Risks and Asset Prices
by David Schreindorfer & Stijn Van Nieuwerburgh - 3583-3623 The Equity Premium and the One Percent
by Alexis Akira Toda & Kieran James Walsh & Stijn Van Nieuwerburgh - 3624-3673 Time-Varying Risk Premium and Unemployment Risk across Age Groups
by Indrajit Mitra & Yu Xu & Stijn Van Nieuwerburgh - 3674-3718 History-Dependent Risk Preferences: Evidence from Individual Choices and Implications for the Disposition Effect
by Angie Andrikogiannopoulou & Filippos Papakonstantinou & Francesca Cornelli - 3719-3765 Core and ‘Crust’: Consumer Prices and the Term Structure of Interest Rates
by Andrea Ajello & Luca Benzoni & Olena Chyruk & Stijn Van Nieuwerburgh - 3766-3803 Equity Price Discovery with Informed Private Debt
by Jawad M Addoum & Justin R Murfin & Itay Goldstein - 3804-3853 Stock Market Rumors and Credibility
by Daniel Schmidt & Itay Goldstein - 3854-3888 Should I Stay or Should I Grow? Using Voluntary Disclosure to Elicit Market Feedback
by Sudarshan Jayaraman & Joanna Shuang Wu & Wei Jiang - 3889-3924 Transparency and Talent Allocation in Money Management
by Simon Gervais & Günter Strobl & Francesca Cornelli
2020, Volume 33, Issue 7
- 2845-2897 On the Rise of FinTechs: Credit Scoring Using Digital Footprints
by Tobias Berg & Valentin Burg & Ana Gombović & Manju Puri - 2898-2936 Asymmetric or Incomplete Information about Asset Values?
by Crocker H Liu & Adam D Nowak & Patrick S Smith & Stijn Van Nieuwerburgh - 2937-2976 Innovation Activities and Integration through Vertical Acquisitions
by Laurent Frésard & Gerard Hoberg & Gordon M Phillips & Francesca Cornelli - 2977-3030 The Cultural Origin of CEOs’ Attitudes toward Uncertainty: Evidence from Corporate Acquisitions
by Yihui Pan & Stephan Siegel & Tracy Yue Wang - 3031-3087 Politics, State Ownership, and Corporate Investments
by Shashwat Alok & Meghana Ayyagari - 3088-3129 Political Investment Cycles of State-Owned Enterprises
by Qingyuan Li & Chen Lin & Li Xu - 3130-3173 Shareholder Governance and CEO Compensation: The Peer Effects of Say on Pay
by Diane K Denis & Torsten Jochem & Anjana Rajamani & Wei Jiang - 3174-3204 Symmetry in Pay for Luck
by Naveen D Daniel & Yuanzhi Li & Lalitha Naveen & Francesca Cornelli - 3205-3249 Why Does an IPO Affect Rival Firms?
by Matthew Spiegel & Heather Tookes - 3250-3306 Real Option Exercise: Empirical Evidence
by Paul H Décaire & Erik P Gilje & Jérôme P Taillard & Stijn Van Nieuwerburgh - 3307-3347 The Value of Green Energy: Optimal Investment in Mutually Exclusive Projects and Operating Leverage
by Jerome Detemple & Yerkin Kitapbayev & Philip Strahan - 3348-3390 Peer Financial Distress and Individual Leverage
by Ankit Kalda & Lauren Cohen
2020, Volume 33, Issue 6
- 2379-2420 Monetary Transmission through Shadow Banks
by Kairong Xiao & Francesca Cornelli - 2421-2467 Banks’ Risk Dynamics and Distance to Default
by Stefan Nagel & Amiyatosh Purnanandam - 2468-2505 Risk Management Failures
by Matthieu Bouvard & Samuel Lee & Itay Goldstein - 2506-2553 Do Financial Regulations Shape the Functioning of Financial Institutions’ Risk Management in Asset-Backed Securities Investment?
by Xuanjuan Chen & Eric Higgins & Han Xia & Hong Zou & Wei Jiang - 2554-2584 Bank Regulation under Fire Sale Externalities
by Gazi I Kara & S Mehmet Ozsoy & Itay Goldstein - 2585-2621 Cheap Talk and Strategic Rounding in LIBOR Submissions
by Ángel Hernando-Veciana & Michael Tröge & Philip Strahan - 2622-2658 Bank Deposits and the Stock Market
by Leming Lin & Strahan - 2659-2696 Bubbles and Financial Professionals
by Utz Weitzel & Christoph Huber & Jürgen Huber & Michael Kirchler & Florian Lindner & Julia Rose & Lauren Cohen - 2697-2727 Impediments to Financial Trade: Theory and Applications
by Nicolae Gârleanu & Stavros Panageas & Jianfeng Yu & Stijn Van Nieuwerburgh - 2728-2771 Aggregation, Capital Heterogeneity, and the Investment CAPM
by Andrei S Gonçalves & Chen Xue & Lu Zhang & Stijn Van Nieuwerburgh - 2772-2795 Symmetric and Asymmetric Market Betas and Downside Risk
by Yaron Levi & Ivo Welch & Andrew Karolyi - 2796-2842 Testing Beta-Pricing Models Using Large Cross-Sections
by Valentina Raponi & Cesare Robotti & Paolo Zaffaroni & Andrew Karolyi
2020, Volume 33, Issue 5
- 1879-1890 New Methods for the Cross-Section of Returns
by Stijn Van Nieuwerburgh - 1891-1926 Comparing Cross-Section and Time-Series Factor Models
by Eugene F Fama & Kenneth R French - 1927-1979 The Cross-Section of Risk and Returns
by Kent Daniel & Lira Mota & Simon Rottke & Tano Santos - 1980-2018 Factor Timing
by Valentin Haddad & Serhiy Kozak & Shrihari Santosh & Stijn Van Nieuwerburgh - 2019-2133 Replicating Anomalies
by Kewei Hou & Chen Xue & Lu Zhang - 2134-2179 Anomalies and False Rejections
by Tarun Chordia & Amit Goyal & Alessio Saretto - 2180-2222 A Transaction-Cost Perspective on the Multitude of Firm Characteristics
by Victor DeMiguel & Alberto Martín-Utrera & Francisco J Nogales & Raman Uppal - 2223-2273 Empirical Asset Pricing via Machine Learning
by Shihao Gu & Bryan Kelly & Dacheng Xiu - 2274-2325 Factors That Fit the Time Series and Cross-Section of Stock Returns
by Martin Lettau & Markus Pelger & Stijn Van Nieuwerburgh - 2326-2377 Dissecting Characteristics Nonparametrically
by Joachim Freyberger & Andreas Neuhierl & Michael Weber
2020, Volume 33, Issue 4
- 1367-1411 Informing the Market: The Effect of Modern Information Technologies on Information Production
by Meng Gao & Jiekun Huang & Itay Goldstein - 1412-1444 Contracting on Credit Ratings: Adding Value to Public Information
by Christine A Parlour & Uday Rajan - 1445-1483 Investor Information Acquisition and Money Market Fund Risk Rebalancing during the 2011–2012 Eurozone Crisis
by Emily A Gallagher & Lawrence D W Schmidt & Allan Timmermann & Russ Wermers - 1484-1533 Back-Running: Seeking and Hiding Fundamental Information in Order Flows
by Liyan Yang & Haoxiang Zhu - 1534-1564 Order Cancellations, Fees, and Execution Quality in U.S. Equity Options
by Todd G Griffith & Robert A Van Ness - 1565-1617 A Bound on Expected Stock Returns
by Ohad Kadan & Xiaoxiao Tang - 1618-1672 Ambiguity, Volatility, and Credit Risk
by Patrick Augustin & Yehuda Izhakian & Stijn Van Nieuwerburgh - 1673-1736 Short- and Long-Horizon Behavioral Factors
by Kent Daniel & David Hirshleifer & Lin Sun - 1737-1780 Global Political Uncertainty and Asset Prices
by Jonathan Brogaard & Lili Dai & Phong T H Ngo & Bohui Zhang - 1781-1817 Do CEOs Affect Employees’ Political Choices?
[The value of connections in turbulent times: Evidence from the United States]
by Ilona Babenko & Viktar Fedaseyeu & Song Zhang - 1818-1847 How Much Do Directors Influence Firm Value?
by Aaron Burt & Christopher Hrdlicka & Jarrad Harford - 1848-1877 The Strategic Effects of Trademark Protection
by Davidson Heath & Christopher Mace
2020, Volume 33, Issue 3
- 1011-1023 Climate Finance
by Harrison Hong & José A Scheinkman - 1024-1066 Pricing Uncertainty Induced by Climate Change
by Michael Barnett & William Brock & Lars Peter Hansen & Harrison Hong - 1067-1111 The Importance of Climate Risks for Institutional Investors
by Philipp Krueger & Zacharias Sautner & Laura T Starks - 1112-1145 Attention to Global Warming
by Darwin Choi & Zhenyu Gao & Wenxi Jiang - 1146-1183 Do Fund Managers Misestimate Climatic Disaster Risk
by Shashwat Alok & Nitin Kumar & Russ Wermers & Harrison Hong - 1184-1216 Hedging Climate Change News
by Robert F Engle & Stefano Giglio & Bryan Kelly & Heebum Lee & Johannes Stroebel - 1217-1255 Is the Risk of Sea Level Rise Capitalized in Residential Real Estate?
by Justin Murfin & Matthew Spiegel & Jose Scheinkman - 1256-1295 Does Climate Change Affect Real Estate Prices? Only If You Believe In It
by Markus Baldauf & Lorenzo Garlappi & Constantine Yannelis & José Scheinkman - 1296-1330 Corporate Governance and Pollution Externalities of Public and Private Firms
by Sophie A Shive & Margaret M Forster & Jose Scheinkman - 1331-1366 Temperature Shocks and Establishment Sales
by Jawad M Addoum & David T Ng & Ariel Ortiz-Bobea & Harrison Hong
2020, Volume 33, Issue 2
- 475-503 Financial Frictions and the Great Productivity Slowdown
by Romain Duval & Gee Hee Hong & Yannick Timmer & Philip Strahan - 504-535 Banks’ Balance Sheets and Liquidation Values: Evidence from Real Estate Collateral
by Rodney Ramcharan - 536-609 The Limits of Lending? Banks and Technology Adoption across Russia
by Çağatay Bircan & Ralph De Haas - 610-643 Government as Customer of Last Resort: The Stabilizing Effects of Government Purchases on Firms
by Jim Goldman & Philip Strahan - 644-688 Employment Protection, Investment, and Firm Growth
by John (Jianqiu) Bai & Douglas Fairhurst & Matthew Serfling & David Denis - 689-746 Flights to Safety
by Lieven Baele & Geert Bekaert & Koen Inghelbrecht & Min Wei - 747-782 Resiliency and Stock Returns
by Jian Hua & Lin Peng & Robert A Schwartz & Nazli Sila Alan - 783-828 Career Risk and Market Discipline in Asset Management
by Andrew Ellul & Marco Pagano & Annalisa Scognamiglio - 829-865 Dynamic Asset Sales with a Feedback Effect
by Sivan Frenkel & Itay Goldstein - 866-915 Over-the-Counter versus Limit-Order Markets: The Role of Traders’ Expertise
by Vincent Glode & Christian C Opp - 916-949 Financial Illiteracy and Pension Contributions: A Field Experiment on Compound Interest in China
by Changcheng Song & Stijn Van Nieuwerburgh