2022
Aubry, M., Kräussl, R., Manso, G. , and Spaenjers, C., (2022), “Biased Auctioneers” , Journal of Finance, forthcoming.
Benetton, M., Bracke, P., Cocco J., and Garbarino, N., (2022), “Housing Consumption and Investment: Evidence from Shared Equity Mortgages”, The Review of Financial Studies, 35(8), 3525-3573.
Balsmeier, B., Fleming, L., and Manso, G., (2021), “Heterogeneous Innovation over the Business Cycle” , Review of Economics and Statistic, forthcoming.
Catherine, S., Chaney, T., Huang, Z., Sraer, D., Thesmar, D., (2022), “Quantifying Reduced-Form Evidence on Collateral Constraints” , Journal of Finance, 64(4)
Hendershott, T., Menkveld, A., Praz, R., and Seasholes, M., (2021), “Asset Price Dynamics with Limited Attention” , Review of Financial Studies, 35, 962-1008.
Iyer, G., and Manso, G. , (2022), “Recommendations with Feedback”, Review of Financial Studies , forthcoming.
Kermani, A. , and Ma, Y., (2022), “Asset Specificity of Nonfinancial Firms” , The Quarterly Journal of Economics.
Di Maggio, M., Kermani, A., Ramcharan, R., Yao, V., and Yu, E., (2022), “The pass-through of uncertainty shocks to households” , Journal of Financial Economics, 145(1), 85-104.
Parlour, C., Rajan, U., and Walden, J., (2022), “Payment System Externalities ”, Journal of Finance, 77(2), 1019 – 1053.
Parlour, C., Rajan, U., and Zhu, H., (2022), “When FinTech Competes for Payment Flows” , Review of Financial Studies.
2021
Barber, B., Jiang, W., Morse, A. , M., Tookes, H., and Werner, I., (2021), “What Explains Differences in Finance Research Productivity During the Pandemic?” , Journal of Finance , 76(4), 1655-1697.
Barber, B., Morse, A., and Yasuda, A., (2021), “Impact Investing” , Journal of Financial Economics , 139(1), 162-185.
Bartlett, R., Morse, A., Stanton, R., and Wallace, N. , (2021), “Consumer Lending Discrimination in the Fintech Era” , Journal of Financial Economics, 143, 20-56.
Benetton, M., (2021), “Leverage Regulation and Market Structure: A Structural Model of the U.K. Mortgage Market” , (2021), The Journal of Finance, 76(6), 2997-3053.
Benetton, M., and Fantino, D., (2021), “Targeted monetary policy and bank lending behavior” , (2021), Journal of Financial Economics, 142(1), 404-429.
Brugler, J., Comerton-Forde, C., and Hendershott, T. , (2021), “Does Financial Market Structure Impact the Cost of Raising Capital?” , Journal of Financial and Quantitative Analysis, 56(5), 1771-1808.
Dyck, A., Manoel, P., and Morse, A., “Outrage and Performance in Public Pensions” , Review of Financial Studies, forthcoming.
Gomez, M., Landler, A., Sraer, D ., and Thesmar, D., (2021), “Banks Exposure to Interest Rate Risk and The Transmission of Monetary Policy ”, Journal of Monetary Economics , 117, 543-570.
Han, B., Hirshleifer, D., and Walden, J., (2021), “Social Transmission Bias and Investor Behavior” , Journal of Financial and Quantitative Analysis, forthcoming .
Han, B., Hirshleifer, D., and Walden, J. (2021), “Visibility Bias in the Transmission of Consumption Beliefs and Undersaving” , Journal of Finance, forthcoming.
Hendershott, T., Zhang, X., Zhao, L., Zheng, Z., (2001), “FinTech as a Game Changer: Overview of Research Frontiers” , Information Systems Research, 32, 1-17.
Hennessy, C. and Livdan, D. , (2021), “Learning, parameter drift, and the credibility revolution” , Journal of Monetary Economics , 117, 395-417.
Heyerdahl-Larsen, C. and Walden, J., (2021), “Distortions and Efficiency in Production Economies with Heterogeneous Beliefs ,” Review of Financial Studies, forthcoming .
Lee, J. and Parlour, C., (2021), “Consumers as Financiers: Consumer Surplus, Crowdfunding, and Initial Coin Offerings”, Review of Financial Studies.
Livdan, D. and Nezlobin, A., (2021), “Investment, capital stock, and replacement cost of assets when economic depreciation is non-geometric”, Journal of Financial Economics , 142(1).
2020
Bartlett, R. and Morse, A., (2020), “Small Business Survival Capabilities and Policy Effectiveness: Evidence from the City of Oakland” , Journal of Finance and Quantitative Analysis, Special Issue on Covid, forthcoming.
Hendershott, T., Kozhan, R., and Raman, V., (2020), “Short Selling and Price Discovery in Corporate Bonds” , Journal of Financial and Quantitative Analysis 55, 77-115. Internet appendix .
Hendershott, T., Li, D., Livdan, D., and Schürhoff, N., (2020), “Relationship Trading in OTC Markets “, Journal of Finance 75(2), 683-734. Internet appendix .
Hendershott, T., Livdan, D., and Rösch, D., (2020), “Asset Pricing: A Tale of Night and Day “, Journal of Financial Economics 138, 635-662.
Hombert, J., Schoar, A., Sraer, D., and Thesmar, D., (2020), “Can Unemployment Insurance Spur Entrepreneurial Activity? ”, The Journal of Finance, 75(3), 1247-1285.
Kermani, A., Di Maggio, M., and Majlesi, K., (2020), “Stock Market Returns and Consumption”, The Journal of Finance , 75(6), 3175-3219
Kermani, A., Di Maggio, M., and Palmer, C., (2020), “How Quantitative Easing Works: Evidence on the Refinancing Channel “, The Review of Economic Studies , 87(3), 1498-1528.
Barber, B., Huang, X., Odean, T., Schwarz, C., (2020), “Attention Induced Trading and Returns: Evidence from Robinhood Users” , Journal of Finance, forthcoming.
Sraer, D. and Haddad, V., (2020), “The Banking View of Bond Risk Premia ”, The Journal of Finance, 75(5), 2465-2502.
2019
Ashcraft, A., Gooriah, K., and Kermani, A. , (2019), “Does Skin-in-the-Game Affect Security Performance? Evidence from the Conduit CMBS Market”, Journal of Financial Economics , 134(2), 333-354.
Brogaard, J., Hendershott, T., and Riordan, R., (2019), “Price Discovery without Trading: Evidence from Limit Orders” , Journal of Finance 75(4), 1621-1658. Internet appendix .
Carpenter, J., Stanton, R. , and Wallace, N. (2019), “Employee Stock Option Exercise and Firm Cost “, Journal of Finance, 74(3), 1175–1216.
Di Maggio, M., Franzoni, F., Kermani, A., and Sommavilla, C., (2019), “The Relevance of Broker Networks for Information Diffusion in the Stock Market”, Journal of Financial Economics , 134(2), 419-446.
Di Maggio, M., Kermani, A., and Korgaonkar, S., (2019), “Partial Deregulation and Competition: Effects on Risky Mortgage Origination”, Management Science , 65(10), 4676-4711.
Gerakos, J., Linnainmaa, J., and Morse, A., (2019), “Asset Managers: Institutional Performance and Factor Exposures” , Journal of Finance, forthcoming.
Parlour, C. and Rajan, U., (2019), “Contracting on Credit Ratings: Adding Value to Public Information ,” , Review of Financial Studies, 33(4), 1412-1444.
Walden, J., (2019), “Trading, Profits, and Volatility in a Dynamic Information Network Model,” Review of Economic Studies , 86(5), 2248-2283.