2016
|
|
w22295 |
Emmanuel Farhi
Matteo Maggiori
|
A Model of the International Monetary System |
|
w22271 |
Zhiguo He
Arvind Krishnamurthy
Konstantin Milbradt
|
A Model of Safe Asset Determination |
|
w22270 |
Benjamin Hébert
Jesse Schreger
|
The Costs of Sovereign Default: Evidence from Argentina |
|
w22266 |
Pedro Bordalo
Nicola Gennaioli
Andrei Shleifer
|
Diagnostic Expectations and Credit Cycles |
|
w22258 |
Michael Bailey
Ruiqing Cao
Theresa Kuchler
Johannes Stroebel
|
Social Networks and Housing Markets |
|
w22256 |
Atif Mian
Amir Sufi
|
Who Bears the Cost of Recessions? The Role of House Prices and Household Debt |
|
w22247 |
Itzhak Ben-David
Francesco Franzoni
Rabih Moussawi
John Sedunov
|
The Granular Nature of Large Institutional Investors |
|
w22228 |
Roger E.A. Farmer
|
Pricing Assets in an Economy with Two Types of People |
|
w22225 |
Anmol Bhandari
Jaroslav Borovička
Paul Ho
|
Identifying Ambiguity Shocks in Business Cycle Models Using Survey Data |
|
w22210 |
Gary B. Gorton
|
The History and Economics of Safe Assets |
|
w22209 |
Jeffrey Hoopes
Patrick Langetieg
Stefan Nagel
Daniel Reck
Joel Slemrod
Bryan Stuart
|
Who Sold During the Crash of 2008-9? Evidence from Tax-Return Data on Daily Sales of Stock |
|
w22208 |
Alan Moreira
Tyler Muir
|
Volatility Managed Portfolios |
|
w22196 |
Robert E. Hall
|
Understanding the Decline in the Safe Real Interest Rate |
|
w22183 |
Drew D. Creal
Jing Cynthia Wu
|
Bond Risk Premia in Consumption-based Models |
|
w22162 |
David Backus
Nina Boyarchenko
Mikhail Chernov
|
Term Structures of Asset Prices and Returns |
|
w22161 |
Zhi Da
Borja Larrain
Clemens Sialm
José Tessada
|
Coordinated Noise Trading: Evidence from Pension Fund Reallocations |
|
w22152 |
Itamar Drechsler
Alexi Savov
Philipp Schnabl
|
The Deposits Channel of Monetary Policy |
|
w22150 |
Ivo Welch
|
Levered Returns |
|
w22146 |
Itzhak Ben-David
Justin Birru
Viktor Prokopenya
|
Uninformative Feedback and Risk Taking: Evidence from Retail Forex Trading |
|
w22143 |
William N. Goetzmann
Dasol Kim
Robert J. Shiller
|
Crash Beliefs From Investor Surveys |
|
w22135 |
Roger Farmer
Pawel Zabczyk
|
The Theory of Unconventional Monetary Policy |
|
w22134 |
Campbell R. Harvey
Yan Liu
|
Rethinking Performance Evaluation |
|
w22133 |
Markus K. Brunnermeier
Yuliy Sannikov
|
On the Optimal Inflation Rate |
|
w22115 |
Itzhak Ben-David
Justin Birru
Andrea Rossi
|
Trading Skill: Evidence from Trades of Corporate Insiders in Their Personal Portfolios |
|
w22096 |
Mikhail Chernov
Brett R. Dunn
Francis A. Longstaff
|
Macroeconomic-Driven Prepayment Risk and the Valuation of Mortgage-Backed Securities |
|
w22091 |
Yihui Pan
Tracy Yue Wang
Michael S. Weisbach
|
How Management Risk Affects Corporate Debt |
|
w22066 |
Cristian Badarinza
John Y. Campbell
Tarun Ramadorai
|
International Comparative Household Finance |
|
w22065 |
Patrick Bayer
Kyle Mangum
James W. Roberts
|
Speculative Fever: Investor Contagion in the Housing Bubble |
|
w22045 |
Stefano Giglio
Bryan Kelly
|
Excess Volatility: Beyond Discount Rates |
|
w22036 |
Gary Gorton
Ellis W. Tallman
|
How Did Pre-Fed Banking Panics End? |
|
w22028 |
David S. Bates
|
How Crashes Develop: Intradaily Volatility and Crash Evolution |
|
w22025 |
John Y. Campbell
|
Restoring Rational Choice: The Challenge of Consumer Financial Regulation |
|
w22023 |
Hanno Lustig
Adrien Verdelhan
|
Does Incomplete Spanning in International Financial Markets Help to Explain Exchange Rates? |
|
w22020 |
Rajnish Mehra
Arunima Sinha
|
The Term Structure of Interest Rates in India |
|
w22017 |
Zhiguo He
Arvind Krishnamurthy
Konstantin Milbradt
|
What Makes US Government Bonds Safe Assets? |
|
w22016 |
Rajnish Mehra
Sunil Wahal
Daruo Xie
|
The Demand for Diversification in Incomplete Markets |
|
w22008 |
Gary Gorton
Guillermo Ordoñez
|
Good Booms, Bad Booms |
|
w22005 |
Diego Anzoategui
Diego Comin
Mark Gertler
Joseba Martinez
|
Endogenous Technology Adoption and R&D as Sources of Business Cycle Persistence |
|
w22000 |
Lars P. Hansen
Thomas J. Sargent
|
Sets of Models and Prices of Uncertainty |
|
w21993 |
Markus K. Brunnermeier
Luis Garicano
Philip Lane
Marco Pagano
Ricardo Reis
Tano Santos
David Thesmar
Stijn Van Nieuwerburgh
Dimitri Vayanos
|
The Sovereign-Bank Diabolic Loop and ESBies |
|
w21977 |
Urban J. Jermann
|
Financial Markets’ Views about the Euro-Swiss Franc Floor |
|
w21945 |
Kent Daniel
David Hirshleifer
|
Overconfident Investors, Predictable Returns, and Excessive Trading |
|
w21944 |
Nicholas Barberis
Robin Greenwood
Lawrence Jin
Andrei Shleifer
|
Extrapolation and Bubbles |
|
w21920 |
Zhiguo He
Bryan Kelly
Asaf Manela
|
Intermediary Asset Pricing: New Evidence from Many Asset Classes |
|
w21919 |
Zhiguo He
Konstantin Milbradt
|
Dynamic Debt Maturity |
|
w21890 |
Kaiji Chen
Jue Ren
Tao Zha
|
What We Learn from China's Rising Shadow Banking: Exploring the Nexus of Monetary Tightening and Banks' Role in Entrusted Lending |
|
w21888 |
Robert J. Barro
Gordon Y. Liao
|
Options-Pricing Formula with Disaster Risk |
|
w21879 |
David López-Salido
Jeremy C. Stein
Egon Zakrajšek
|
Credit-Market Sentiment and the Business Cycle |
|
w21871 |
Robert J. Barro
Tao Jin
|
Rare Events and Long-Run Risks |
|
w21863 |
James D. Hamilton
|
Macroeconomic Regimes and Regime Shifts |
|
w21852 |
Hélène Rey
|
International Channels of Transmission of Monetary Policy and the Mundellian Trilemma |
|
w21848 |
Xavier Gabaix
|
Behavioral Macroeconomics Via Sparse Dynamic Programming |
2015
|
|
w21817 |
Nicolas Coeurdacier
Hélène Rey
Pablo Winant
|
Financial Integration and Growth in a Risky World |
|
w21816 |
Eric T. Swanson
|
Measuring the Effects of Unconventional Monetary Policy on Asset Prices |
|
w21750 |
Robin Greenwood
Samuel Hanson
Dimitri Vayanos
|
Forward Guidance in the Yield Curve: Short Rates versus Bond Supply |
|
w21804 |
Andrea Eisfeldt
Andrew Demers
|
Rental Yields and HPA: The Returns to Single Family Rentals |
|
w21803 |
Sydney C. Ludvigson
Sai Ma
Serena Ng
|
Uncertainty and Business Cycles: Exogenous Impulse or Endogenous Response? |
|
w21795 |
Carola Frydman
Dimitris Papanikolaou
|
In Search of Ideas: Technological Innovation and Executive Pay Inequality |
|
w21772 |
Lorenz Kueng
|
Explaining Consumption Excess Sensitivity with Near-Rationality: Evidence from Large Predetermined Payments |
|
w21771 |
Francisco Barillas
Jay Shanken
|
Comparing Asset Pricing Models |
|
w21767 |
Stefano Giglio
Matteo Maggiori
Johannes Stroebel
Andreas Weber
|
Climate Change and Long-Run Discount Rates: Evidence from Real Estate |
|
w21749 |
Ralph S.J. Koijen
Motohiro Yogo
|
An Equilibrium Model of Institutional Demand and Asset Prices |
|
w21739 |
Francesco Trebbi
Kairong Xiao
|
Regulation and Market Liquidity |
|
w21731 |
Darrell Duffie
Lei Qiao
Yeneng Sun
|
Dynamic Directed Random Matching |
|
w21722 |
Silvia Miranda-Agrippino
Hélène Rey
|
World Asset Markets and the Global Financial Cycle |
|
w21700 |
William Goetzmann
Simon Huang
|
Momentum in Imperial Russia |
|
w21698 |
Francisco Barillas
Jay Shanken
|
Which Alpha? |
|
w21696 |
Darrell Duffie
Haoxiang Zhu
|
Size Discovery |
|
w21694 |
Sebastian Edwards
Francis A. Longstaff
Alvaro Garcia Marin
|
The U.S. Debt Restructuring of 1933: Consequences and Lessons |
|
w21693 |
William N. Goetzmann
|
Bubble Investing: Learning from History |
|
w21686 |
Felipe S. Iachan
Plamen T. Nenov
Alp Simsek
|
The Choice Channel of Financial Innovation |
|
w21673 |
Joseph S. Briggs
David Cesarini
Erik Lindqvist
Robert Östling
|
Windfall Gains and Stock Market Participation |
|
w21670 |
Ricardo J. Caballero
Emmanuel Farhi
Pierre-Olivier Gourinchas
|
Global Imbalances and Currency Wars at the ZLB. |
|
w21668 |
Lubos Pastor
Pietro Veronesi
|
Income Inequality and Asset Prices under Redistributive Taxation |
|
w21633 |
Scott R. Baker
Nicholas Bloom
Steven J. Davis
|
Measuring Economic Policy Uncertainty |
|
w21626 |
Vadim Elenev
Tim Landvoigt
Stijn Van Nieuwerburgh
|
Phasing Out the GSEs |
|
w21584 |
Yacine Aït-Sahalia
Dacheng Xiu
|
Principal Component Analysis of High Frequency Data |
|
w21581 |
Atif R. Mian
Amir Sufi
Emil Verner
|
Household Debt and Business Cycles Worldwide |
|
w21575 |
Mete Kilic
Jessica A. Wachter
|
Risk, Unemployment, and the Stock Market: A Rare-Event-Based Explanation of Labor Market Volatility |
|
w21569 |
Jeremy C. Stein
Adi Sunderam
|
Gradualism in Monetary Policy: A Time-Consistency Problem? |
|
w21567 |
Sumit Agarwal
Souphala Chomsisengphet
Neale Mahoney
Johannes Stroebel
|
Do Banks Pass Through Credit Expansions to Consumers Who Want to Borrow? |
|
w21563 |
Nicolae B. Gârleanu
Lasse H. Pedersen
|
Efficiently Inefficient Markets for Assets and Asset Management |
|
w21557 |
Ravi Jagannathan
Binying Liu
|
Dividend Dynamics, Learning, and Expected Stock Index Returns |
|
w21533 |
Robert F. Stambaugh
Yu Yuan
|
Mispricing Factors |
|
w21530 |
Brandon Gipper
Christian Leuz
Mark Maffett
|
Public Audit Oversight and Reporting Credibility: Evidence from the PCAOB Inspection Regime |
|
w21528 |
Ricardo Lagos
Shengxing Zhang
|
Monetary Exchange in Over-the-Counter Markets: A Theory of Speculative Bubbles, the Fed Model, and Self-fulfilling Liquidity Crises |
|
w21512 |
Sumit Agarwal
Gene Amromin
Souphala Chomsisengphet
Tomasz Piskorski
Amit Seru
Vincent Yao
|
Mortgage Refinancing, Consumer Spending, and Competition: Evidence from the Home Affordable Refinancing Program |
|
w21502 |
Grace Xing Hu
Jun Pan
Jiang Wang
|
Tri-Party Repo Pricing |
|
w21495 |
Robert Shimer
Iván Werning
|
Efficiency and Information Transmission in Bilateral Trading |
|
w21491 |
Torben G. Andersen
Nicola Fusari
Viktor Todorov
|
The Pricing of Short-Term market Risk: Evidence from Weekly Options |
|
w21487 |
Frederico Belo
Xiaoji Lin
Jun Li
Xiaofei Zhao
|
Labor-Force Heterogeneity and Asset Prices: the Importance of Skilled Labor |
|
w21486 |
Òscar Jordà
Moritz Schularick
Alan M. Taylor
|
Leveraged Bubbles |
|
w21480 |
Joel M. David
Ina Simonovska
|
Correlated Beliefs, Returns, and Stock Market Volatility |
|
w21462 |
Pietro Bonaldi
Ali Hortaçsu
Jakub Kastl
|
An Empirical Analysis of Funding Costs Spillovers in the EURO-zone with Application to Systemic Risk |
|
w21449 |
Mila Getmansky
Peter A. Lee
Andrew W. Lo
|
Hedge Funds: A Dynamic Industry In Transition |
|
w21445 |
Tarek Alexander Hassan
Thomas Mertens
Tony Zhang
|
Not so Disconnected: Exchange Rates and the Capital Stock |
|
w21421 |
Adrian Buss
Bernard Dumas
|
Trading Fees and Slow-Moving Capital |
|
w21386 |
Steffen Andersen
John Y. Campbell
Kasper Meisner Nielsen
Tarun Ramadorai
|
Inattention and Inertia in Household Finance: Evidence from the Danish Mortgage Market |
|
w21369 |
Jonathan Parker
|
Why Don't Households Smooth Consumption? Evidence from a 25 Million Dollar Experiment |
|
w21349 |
Wolfgang Keller
Carol H. Shiue
Xin Wang
|
Capital Markets in China and Britain, 18th and 19th Century: Evidence from Grain Prices |
|
w21334 |
Juliane Begenau
Monika Piazzesi
Martin Schneider
|
Banks' Risk Exposures |
|
w21329 |
Robert Novy-Marx
|
Backtesting Strategies Based on Multiple Signals |
|
w21320 |
Manuel Adelino
Antoinette Schoar
Felipe Severino
|
Loan Originations and Defaults in the Mortgage Crisis: Further Evidence |
|
w21305 |
Florentin Butaru
QingQing Chen
Brian Clark
Sanmay Das
Andrew W. Lo
Akhtar Siddique
|
Risk and Risk Management in the Credit Card Industry |
|
w21286 |
Robert P. Bartlett
III
Justin McCrary
|
Dark Trading at the Midpoint: Pricing Rules, Order Flow, and High Frequency Liquidity Provision |
|
w21281 |
Honghui Chen
Vijay Singal
Robert F. Whitelaw
|
Comovement Revisited |
|
w21276 |
Jeffrey R. Brown
George G. Pennacchi
|
Discounting Pension Liabilities: Funding versus Value |
|
w21267 |
Andrew W. Lo
|
The Gordon Gekko Effect: The Role of Culture in the Financial Industry |
|
w21261 |
Fernando Ferreira
Joseph Gyourko
|
A New Look at the U.S. Foreclosure Crisis: Panel Data Evidence of Prime and Subprime Borrowers from 1997 to 2012 |
|
w21243 |
Geetesh Bhardwaj
Gary Gorton
Geert Rouwenhorst
|
Facts and Fantasies about Commodity Futures Ten Years Later |
|
w21238 |
Mark Huggett
Greg Kaplan
|
How Large is the Stock Component of Human Capital? |
|
w21236 |
Geert Bekaert
Kenton Hoyem
Wei-Yin Hu
Enrichetta Ravina
|
Who is Internationally Diversified? Evidence from 296 401(k) |
|
w21234 |
Jules H. van Binsbergen
Ralph S.J. Koijen
|
The Term Structure of Returns: Facts and Theory |
|
w21227 |
Lucian A. Bebchuk
Alon Brav
Wei Jiang
|
The Long-Term Effects of Hedge Fund Activism |
|
w21224 |
Erik Eyster
Matthew Rabin
Dimitri Vayanos
|
Financial Markets where Traders Neglect the Informational Content of Prices |
|
w21214 |
Camelia M. Kuhnen
Andrei C. Miu
|
Socioeconomic Status and Learning from Financial Information |
|
w21203 |
Atif Mian
Amir Sufi
|
Household Debt and Defaults from 2000 to 2010: Facts from Credit Bureau Data |
|
w21201 |
Miguel Faria-e-Castro
Joseba Martinez
Thomas Philippon
|
Runs versus Lemons: Information Disclosure and Fiscal Capacity |
|
w21182 |
Ian Dew-Becker
Stefano Giglio
Anh Le
Marius Rodriguez
|
The Price of Variance Risk |
|
w21172 |
Evgenia Passari
Hélène Rey
|
Financial Flows and the International Monetary System |
|
w21166 |
Harrison Hong
Weikai Li
Sophie X. Ni
Jose A. Scheinkman
Philip Yan
|
Days to Cover and Stock Returns |
|
w21162 |
Hélène Rey
|
Dilemma not Trilemma: The global Financial Cycle and Monetary Policy Independence |
|
w21161 |
George M. Constantinides
Lei Lian
|
The Supply and Demand of S&P 500 Put Options |
|
w21118 |
Pablo Kurlat
|
Liquidity as Social Expertise |
|
w21112 |
Hanming Fang
Quanlin Gu
Wei Xiong
Li-An Zhou
|
Demystifying the Chinese Housing Boom |
|
w21075 |
Chunxin Jia
Yaping Wang
Wei Xiong
|
Social Trust and Differential Reactions of Local and Foreign Investors to Public News |
|
w21064 |
Gian Luca Clementi
Berardino Palazzo
|
Investment and The Cross-Section of Equity Returns |
|
w21060 |
Clemens Sialm
Hanjiang Zhang
|
Tax-Efficient Asset Management: Evidence from Equity Mutual Funds |
|
w21056 |
Francesco Bianchi
|
Rare Events, Financial Crises, and the Cross-Section of Asset Returns |
|
w21054 |
Karen K. Lewis
|
Do Foreign Firm Betas Change During Cross-listing? |
|
w21044 |
Christoph Hambel
Holger Kraft
Eduardo Schwartz
|
Optimal Carbon Abatement in a Stochastic Equilibrium Model with Climate Change |
|
w21043 |
Sandra E. Black
Paul J. Devereux
Petter Lundborg
Kaveh Majlesi
|
Learning to Take Risks? The Effect of Education on Risk-Taking in Financial Markets |
|
w21037 |
Edward L. Glaeser
Charles G. Nathanson
|
An Extrapolative Model of House Price Dynamics |
|
w21020 |
Jeffrey R. Brown
Joshua M. Pollet
Scott J. Weisbenner
|
The In-State Equity Bias of State Pension Plans |
|
w21016 |
Hang Bai
Kewei Hou
Howard Kung
Lu Zhang
|
The CAPM Strikes Back? An Investment Model with Disasters |
|
w20985 |
Robert Novy-Marx
|
How Can a Q-Theoretic Model Price Momentum? |
|
w20984 |
Robert Novy-Marx
|
Fundamentally, Momentum is Fundamental Momentum |
|
w20974 |
Harrison Hong
Áureo de Paula
Vishal Singh
|
Hoard Behavior and Commodity Bubbles |
|
w20968 |
Denis Gromb
Dimitri Vayanos
|
The Dynamics of Financially Constrained Arbitrage |
|
w20963 |
Stefano Giglio
Bryan T. Kelly
Seth Pruitt
|
Systemic Risk and the Macroeconomy: An Empirical Evaluation |
|
w20957 |
Jennifer N. Carpenter
Fangzhou Lu
Robert F. Whitelaw
|
The Real Value of China's Stock Market |
|
w20947 |
Atif R. Mian
Amir Sufi
|
Fraudulent Income Overstatement on Mortgage Applications during the Credit Expansion of 2002 to 2005 |
|
w20926 |
Jerry Tsai
Jessica A. Wachter
|
Disaster Risk and its Implications for Asset Pricing |
|
w20913 |
Fatih Guvenen
Fatih Karahan
Serdar Ozkan
Jae Song
|
What Do Data on Millions of U.S. Workers Reveal about Life-Cycle Earnings Risk? |
|
w20880 |
Jia Chen
Kewei Hou
René M. Stulz
|
Are Firms in "Boring" Industries Worth Less? |
|
w20875 |
Nicola Gennaioli
Andrei Shleifer
Robert Vishny
|
Neglected Risks: The Psychology of Financial Crises |
|
w20858 |
Rui Albuquerque
Martin Eichenbaum
Dimitris Papanikolaou
Sergio Rebelo
|
Long-run Bulls and Bears |
|
w20848 |
Manuel Adelino
Antoinette Schoar
Felipe Severino
|
Loan Originations and Defaults in the Mortgage Crisis: The Role of the Middle Class |
|
w20834 |
Miles S. Kimball
|
Cognitive Economics |
|
w20831 |
Roger E.A. Farmer
|
Global Sunspots and Asset Prices in a Monetary Economy |
|
w20825 |
Camelia M. Kuhnen
Paul Oyer
|
Exploration for Human Capital: Evidence from the MBA Labor Market |
|
w20823 |
Monika Piazzesi
Martin Schneider
Johannes Stroebel
|
Segmented Housing Search |
