Mingze Gao

Curated Reading List - 2013

Journal of Finance

  1. A Model of Shadow Banking, 2013, Nicola Gennaioli; Andrei Shleifer; Robert W. Vishny
  2. A Multiple Lender Approach to Understanding Supply and Search in the Equity Lending Market, 2013, Adam C. Kolasinski; Adam V. Reed; Matthew C. Ringgenberg
  3. Access to Collateral and Corporate Debt Structure: Evidence from a Natural Experiment, 2013, Vikrant Vig
  4. Aggregate Risk and the Choice between Cash and Lines of Credit, 2013, Viral V. Acharya; Heitor Almeida; Murillo Campello
  5. Analyst Forecast Consistency, 2013, Gilles Hilary; Charles Hsu
  6. Borrow Cheap, Buy High? The Determinants of Leverage and Pricing in Buyouts, 2013, Ulf Axelson; Tim Jenkinson; Per Strömberg; Michael S. Weisbach
  7. Can Time-Varying Risk of Rare Disasters Explain Aggregate Stock Market Volatility?, 2013, Jessica A. Wachter
  8. Capital Budgeting versus Market Timing: An Evaluation Using Demographics, 2013, Stefano Dellavigna; Joshua M. Pollet
  9. Cheap Credit, Lending Operations, and International Politics: The Case of Global Microfinance, 2013, Mark J. Garmaise; Gabriel Natividad
  10. Conflicting Family Values in Mutual Fund Families, 2013, Utpal Bhattacharya; Jung H. Lee; Veronika K. Pool
  11. Consumption Volatility Risk, 2013, Oliver Boguth; Lars‐Alexander Kuehn
  12. Corporate Diversification and the Cost of Capital, 2013, Rebecca N. Hann; Maria Ogneva; Oguzhan Ozbas
  13. Country Size, Currency Unions, and International Asset Returns, 2013, Tarek A. Hassan
  14. Debt Specialization, 2013, Paolo Colla; Filippo Ippolito; Kai Li
  15. Decentralized Investment Management: Evidence from the Pension Fund Industry, 2013, David Blake; Alberto G. Rossi; Allan Timmermann; Ian Tonks; Russ Wermers
  16. Divisional Managers and Internal Capital Markets, 2013, Ran Duchin; Denis Sosyura
  17. Do Hedge Funds Manipulate Stock Prices?, 2013, Itzhak Ben‐David; Francesco Franzoni; Augustin Landier; Rabih Moussawi
  18. Do Hostile Takeovers Stifle Innovation? Evidence from Antitakeover Legislation and Corporate Patenting, 2013, Julian Atanassov
  19. Dynamic Competition, Valuation, and Merger Activity, 2013, Matthew Spiegel; Heather Tookes
  20. Dynamic Trading with Predictable Returns and Transaction Costs, 2013, Nicolae Gârleanu; Lasse Heje Pedersen
  21. Economic Nationalism in Mergers and Acquisitions, 2013, I. Serdar Dinc; Isil Erel
  22. Efficient Recapitalization, 2013, Thomas Philippon; Philipp Schnabl
  23. Equilibrium Subprime Lending, 2013, Igor Makarov; Guillaume Plantin
  24. Evidence on the Benefits of Alternative Mortgage Products, 2013, João F. Cocco
  25. Ex Ante Skewness and Expected Stock Returns, 2013, Jennifer Conrad; Robert F. Dittmar; Eric Ghysels
  26. Exit as Governance: An Empirical Analysis, 2013, Sreedhar T. Bharath; Sudarshan Jayaraman; Venky Nagar
  27. Financial Markets and Investment Externalities, 2013, Sheridan Titman
  28. Financial Regulation, Financial Globalization, and the Synchronization of Economic Activity, 2013, Sebnem Kalemli-Ozcan; Elias Papaioannou; José-Luis Peydró
  29. Fire Sales in a Model of Complexity, 2013, Ricardo J. Caballero; Alp Simsek
  30. How Effective Were the Federal Reserve Emergency Liquidity Facilities? Evidence from the Asset-Backed Commercial Paper Money Market Mutual Fund Liquidity Facility, 2013, Burcu Duygan-Bump; Patrick Parkinson; Eric Rosengren; Gustavo A. Suarez; Paul Willen
  31. How Wise Are Crowds? Insights from Retail Orders and Stock Returns, 2013, Eric K. Kelley; Paul C. Tetlock
  32. Industry-Specific Human Capital, Idiosyncratic Risk, and the Cross-Section of Expected Stock Returns, 2013, Esther Eiling
  33. International Asset Pricing with Recursive Preferences, 2013, Riccardo Colacito; Mariano M. Croce
  34. International Stock Return Predictability: What Is the Role of the United States?, 2013, David E. Rapach; Jack K. Strauss; Guofu Zhou
  35. Law, Stock Markets, and Innovation, 2013, James R. Brown; Gustav Martinsson; Bruce C. Petersen
  36. Liquidity Cycles and Make/Take Fees in Electronic Markets, 2013, Thierry Foucault; Ohad Kadan; Eugene Kandel
  37. Liquidity in the Foreign Exchange Market: Measurement, Commonality, and Risk Premiums, 2013, Loriano Mancini; Angelo Ranaldo; Jan Wrampelmeyer
  38. Market Expectations in the Cross-Section of Present Values, 2013, Bryan Kelly; Seth Pruitt
  39. Monitoring Managers: Does It Matter?, 2013, Francesca Cornelli; Zbigniew Kominek; Alexander Ljungqvist
  40. Noise as Information for Illiquidity, 2013, Grace Xing Hu; Jun Pan; Jiang Wang
  41. Noisy Prices and Inference Regarding Returns, 2013, Elena Asparouhova; Hendrik Bessembinder; Ivalina Kalcheva
  42. On the High-Frequency Dynamics of Hedge Fund Risk Exposures, 2013, Andrew J. Patton; Tarun Ramadorai
  43. Opening the Black Box: Internal Capital Markets and Managerial Power, 2013, Markus Glaser; Florencio Lopez-De-Silanes; Zacharias Sautner
  44. Optimal CEO Compensation with Search: Theory and Empirical Evidence, 2013, Melanie Cao; Rong Wang
  45. Organization Capital and the Cross-Section of Expected Returns, 2013, Andrea L. Eisfeldt; Dimitris Papanikolaou
  46. Outsourcing Mutual Fund Management: Firm Boundaries, Incentives, and Performance, 2013, Joseph Chen; Harrison Hong; Wenxi Jiang; Jeffrey D. Kubik
  47. Pricing Model Performance and the Two‐Pass Cross‐Sectional Regression Methodology, 2013, Raymond Kan; Cesare Robotti; Jay Shanken
  48. Private and Public Merger Waves, 2013, Vojislav Maksimovic; Gordon Phillips; Liu Yang
  49. Report of the Editor of The Journal of Finance for the Year 2012, 2013, Bruno Biais; Michael Roberts; Kenneth J. Singleton
  50. Reverse Survivorship Bias, 2013, Juhani T. Linnainmaa
  51. Risk Management and Firm Value: Evidence from Weather Derivatives, 2013, Francisco Pérez-González; Hayong Yun
  52. Sentiment during Recessions, 2013, Diego García
  53. Short-Selling Bans Around the World: Evidence from the 2007–09 Crisis, 2013, Alessandro Beber; Marco Pagano
  54. State-Level Business Cycles and Local Return Predictability, 2013, George M. Korniotis; Alok Kumar
  55. Stronger Risk Controls, Lower Risk: Evidence from U.S. Bank Holding Companies, 2013, Andrew Ellul; Vijay Yerramilli
  56. Structural Shifts in Credit Rating Standards, 2013, Aysun Alp
  57. Taxes, Theft, and Firm Performance, 2013, Maxim Mironov
  58. The Cost of Short-Selling Liquid Securities, 2013, Snehal Banerjee; Jeremy J. Graveline
  59. The Determinants of Attitudes toward Strategic Default on Mortgages, 2013, Luigi Guiso; Paola Sapienza; Luigi Zingales
  60. The Effects of Stock Lending on Security Prices: An Experiment, 2013, Steven N. Kaplan; Tobias J. Moskowitz; Berk A. Sensoy
  61. The Evolution of a Financial Crisis: Collapse of the Asset-Backed Commercial Paper Market, 2013, Daniel Covitz; Nellie Liang; Gustavo A. Suarez
  62. The Maturity Rat Race, 2013, Markus K. Brunnermeier; Martin Oehmke
  63. The Real Effects of Financial Shocks: Evidence from Exogenous Changes in Analyst Coverage, 2013, François Derrien; Ambrus Kecskés
  64. Trading Complex Assets, 2013, Bruce Ian Carlin; Shimon Kogan; Richard Lowery
  65. Uncertainty, Time-Varying Fear, and Asset Prices, 2013, Itamar Drechsler
  66. Uncovering Hedge Fund Skill from the Portfolio Holdings They Hide, 2013, Vikas Agarwal; Wei Jiang; Yuehua Tang; Baozhong Yang
  67. Value and Momentum Everywhere, 2013, Clifford S. Asness; Tobias J. Moskowitz; Lasse Heje Pedersen
  68. What Do Consumers’ Fund Flows Maximize? Evidence from Their Brokers’ Incentives, 2013, Susan E. K. Christoffersen; Richard Evans; David K. Musto

Journal of Financial Economics

  1. A new approach to predicting analyst forecast errors: Do investors overweight analyst forecasts?, 2013, Eric C. So
  2. A nonlinear wealth transfer from shareholders to creditors around Chapter 11 filing, 2013, Yuanzhi Li
  3. A production-based model for the term structure, 2013, Urban J. Jermann
  4. Access to capital, investment, and the financial crisis, 2013, Kathleen M. Kahle; René M. Stulz
  5. Acquisitions driven by stock overvaluation: Are they good deals?, 2013, Fangjian Fu; Leming Lin; Micah S. Officer
  6. Adoptive expectations: Rising sons in Japanese family firms, 2013, Vikas Mehrotra; Randall Morck; Jungwook Shim; Yupana Wiwattanakantang
  7. Alliances and corporate governance, 2013, Andriy Bodnaruk; Massimo Massa; Andrei Simonov
  8. Allocation of decision rights and the investment strategy of mutual funds, 2013, Nishant Dass; Vikram Nanda; Qinghai Wang
  9. Anomalies and financial distress, 2013, Doron Avramov; Tarun Chordia; Gergana Jostova; Alexander Philipov
  10. Are busy boards detrimental?, 2013, Laura Field; Michelle Lowry; Anahit Mkrtchyan
  11. Are mutual funds sitting ducks?, 2013, Sophie Shive; Hayong Yun
  12. Are small firms less vulnerable to overpriced stock offers?, 2013, Anand M. Vijh; Ke Yang
  13. Are there too many safe securities? Securitization and the incentives for information production, 2013, Samuel G. Hanson; Adi Sunderam
  14. Asset management and investment banking, 2013, Janis Berzins; Crocker H. Liu; Charles Trzcinka
  15. Banking deregulation and innovation, 2013, Sudheer Chava; Alexander Oettl; Ajay Subramanian; Krishnamurthy V. Subramanian
  16. Boards, CEO entrenchment, and the cost of capital, 2013, James Dow
  17. Brand perception, cash flow stability, and financial policy, 2013, Yelena Larkin
  18. CEO compensation contagion: Evidence from an exogenous shock, 2013, Frederick L. Bereskin; David C. Cicero
  19. CEO contract design: How do strong principals do it?, 2013, Henrik Cronqvist; Rüdiger Fahlenbrach
  20. CEO turnover in a competitive assignment framework, 2013, Andrea L. Eisfeldt; Camelia M. Kuhnen
  21. CEO wage dynamics: Estimates from a learning model, 2013, Lucian A. Taylor
  22. Can hedge funds time market liquidity?, 2013, Charles Cao; Yong Chen; Bing Liang; Andrew W. Lo
  23. Capacity constraints, investor information, and hedge fund returns, 2013, Tarun Ramadorai
  24. Changes to the ownership and control of East Asian corporations between 1996 and 2008: The primacy of politics, 2013, Richard W. Carney; Travers Barclay Child
  25. Collateral and capital structure, 2013, Adriano A. Rampini; S. Viswanathan
  26. Company name fluency, investor recognition, and firm value, 2013, T. Clifton Green; Russell Jame
  27. Connecting two markets: An equilibrium framework for shorts, longs, and stock loans, 2013, Jesse Blocher; Adam V. Reed; Edward D. Van Wesep
  28. Contagion of a liquidity crisis between two firms, 2013, Frederick Dongchuhl Oh
  29. Contracting under asymmetric information: Evidence from lockup agreements in seasoned equity offerings, 2013, Jonathan M. Karpoff; Gemma Lee; Ronald W. Masulis
  30. Controlling shareholders and market timing in share issuance, 2013, Francisco Urzúa I.; Borja Larrain
  31. Corporate ownership structure and the choice between bank debt and public debt, 2013, Chen Lin; Yue Ma; Paul Malatesta; Yuhai Xuan
  32. Corporate social responsibility and stakeholder value maximization: Evidence from mergers, 2013, Xin Deng; Jun-Koo Kang; Buen Sin Low
  33. Credit supply and corporate innovation, 2013, Mario Daniele Amore; Cédric Schneider; Alminas Žaldokas
  34. Cross section of option returns and idiosyncratic stock volatility, 2013, Jie Cao; Bing Han
  35. Delegated asset management, investment mandates, and capital immobility, 2013, Zhiguo He; Wei Xiong
  36. Determinants of corporate cash policy: Insights from private firms, 2013, Huasheng Gao; Jarrad Harford; Kai Li
  37. Diagnosing affine models of options pricing: Evidence from VIX, 2013, Gang Li; Chu Zhang
  38. Directors' and officers' liability insurance and loan spreads, 2013, Chen Lin; Micah S. Officer; Rui Wang; Hong Zou
  39. Do jumps contribute to the dynamics of the equity premium?, 2013, John M. Maheu; Thomas H. Mccurdy; Xiaofei Zhao
  40. Do personal taxes affect capital structure? Evidence from the 2003 tax cut, 2013, Mark J. Flannery; Leming Lin
  41. Do stock prices influence corporate decisions? Evidence from the technology bubble, 2013, Murillo Campello; John R. Graham
  42. Does risk management matter? Evidence from the U.S. agricultural industry, 2013, Jess Cornaggia
  43. Does shareholder coordination matter? Evidence from private placements, 2013, Indraneel Chakraborty; Nickolay Gantchev
  44. Does the director labor market offer ex post settling-up for CEOs? The case of acquisitions, 2013, Jarrad Harford; Robert J. Schonlau
  45. Equity yields, 2013, Jules Van Binsbergen; Wouter Hueskes; Ralph Koijen; Evert Vrugt
  46. Exploring the role Delaware plays as a domestic tax haven, 2013, Scott D. Dyreng; Bradley P. Lindsey; Jacob R. Thornock
  47. Exploring uncharted territories of the hedge fund Industry: Empirical characteristics of mega hedge fund firms, 2013, Daniel Edelman; William Fung; David A. Hsieh
  48. Externalities of public firm presence: Evidence from private firms' investment decisions, 2013, Brad Badertscher; Nemit Shroff; Hal D. White
  49. Feedback effects of credit ratings, 2013, Gustavo Manso
  50. Firm characteristics and long-run stock returns after corporate events, 2013, Hendrik Bessembinder; Feng Zhang
  51. Firms as liquidity providers: Evidence from the 2007–2008 financial crisis, 2013, Emilia Garcia-Appendini; Judit Montoriol-Garriga
  52. Flow and stock effects of large-scale treasury purchases: Evidence on the importance of local supply, 2013, Stefania D’Amico; Thomas B. King
  53. Gender and corporate finance: Are male executives overconfident relative to female executives?, 2013, Jiekun Huang; Darren J. Kisgen
  54. General equilibrium pricing of currency and currency options, 2013, Du Du
  55. General equilibrium with heterogeneous participants and discrete consumption times, 2013, Oldrich Alfons Vasicek
  56. Generalists versus specialists: Lifetime work experience and chief executive officer pay, 2013, Cláudia Custódio; Miguel A. Ferreira; Pedro Matos
  57. Government spending, political cycles, and the cross section of stock returns, 2013, Frederico Belo; Vito D. Gala; Jun Li
  58. Growth options, macroeconomic conditions, and the cross section of credit risk, 2013, Marc Arnold; Alexander F. Wagner; Ramona Westermann
  59. Growth to value: Option exercise and the cross section of equity returns, 2013, Hengjie Ai; Dana Kiku
  60. How do staggered boards affect shareholder value? Evidence from a natural experiment, 2013, Alma Cohen; Charles C.Y. Wang
  61. How does capital affect bank performance during financial crises?, 2013, Allen N. Berger; Christa H.S. Bouwman
  62. Human capital, capital structure, and employee pay: An empirical analysis, 2013, Thomas J. Chemmanur; Yingmei Cheng; Tianming Zhang
  63. IPO first-day returns, offer price revisions, volatility, and form S-1 language, 2013, Tim Loughran; Bill Mcdonald
  64. Inequality, stock market participation, and the equity premium, 2013, Jack Favilukis
  65. Innovative efficiency and stock returns, 2013, David Hirshleifer; Po-Hsuan Hsu; Dongmei Li
  66. Institutional trading and stock resiliency: Evidence from the 2007–2009 financial crisis, 2013, Amber Anand; Paul Irvine; Andy Puckett; Kumar Venkataraman
  67. Inventory investment and the cost of capital, 2013, Christopher S. Jones; Selale Tuzel
  68. Investment cycles and startup innovation, 2013, Ramana Nanda; Matthew Rhodes-Kropf
  69. Investment shocks and the commodity basis spread, 2013, Fan Yang
  70. Is there price discovery in equity options?, 2013, John Paul Broussard; Dmitriy Muravyev; Neil D. Pearson
  71. Labor unemployment risk and corporate financing decisions, 2013, Ashwini K. Agrawal; David A. Matsa
  72. Labor unions and tax aggressiveness, 2013, James A. Chyz; Winnie Siu Ching Leung; Oliver Zhen Li; Oliver Meng Rui
  73. Laying off credit risk: Loan sales versus credit default swaps, 2013, Christine A. Parlour; Andrew Winton
  74. Learning and the disappearing association between governance and returns, 2013, Lucian A. Bebchuk; Alma Cohen; Charles C.Y. Wang
  75. Learning from repetitive acquisitions: Evidence from the time between deals, 2013, Nihat Aktas; Eric De Bodt; Richard Roll
  76. Legislating stock prices, 2013, Lauren Cohen; Karl Diether; Christopher Malloy
  77. Limits to arbitrage and hedging: Evidence from commodity markets, 2013, Viral V. Acharya; Lars A. Lochstoer; Tarun Ramadorai
  78. Liquidity risk of corporate bond returns: conditional approach, 2013, Viral V. Acharya; Yakov Amihud; Sreedhar T. Bharath
  79. Managerial attitudes and corporate actions, 2013, John R. Graham; Campbell R. Harvey; Manju Puri
  80. Market skewness risk and the cross section of stock returns, 2013, Bo Young Chang; Peter Christoffersen; Kris Jacobs
  81. Market timing, investment, and risk management, 2013, Patrick Bolton; Hui Chen; Neng Wang
  82. Monitoring and corporate disclosure: Evidence from a natural experiment, 2013, Rustom M. Irani; David Oesch
  83. Mutual fund risk and market share-adjusted fund flows, 2013, Matthew Spiegel; Hong Zhang
  84. Mutual fund skill and the performance of corporate acquirers, 2013, Amrita Nain; Tong Yao
  85. New evidence on the first financial bubble, 2013, Rik G.P. Frehen; William N. Goetzmann; K. Geert Rouwenhorst
  86. Nonlinear incentives and mortgage officers’ decisions, 2013, Matthew Gee; Konstantinos Tzioumis
  87. Optimal incentives and securitization of defaultable assets, 2013, Semyon Malamud; Huaxia Rui; Andrew Whinston
  88. Payout taxes and the allocation of investment, 2013, Bo Becker; Marcus Jacob; Martin Jacob
  89. Peer choice in CEO compensation, 2013, Ana M. Albuquerque; Gus De Franco; Rodrigo S. Verdi
  90. Political activism, information costs, and stock market participation, 2013, Yosef Bonaparte; Alok Kumar
  91. Political uncertainty and risk premia, 2013, Ľuboš Pástor; Pietro Veronesi
  92. Predictability of currency carry trades and asset pricing implications, 2013, Gurdip Bakshi; George Panayotov
  93. Predicting market returns using aggregate implied cost of capital, 2013, Yan Li; David T. Ng; Bhaskaran Swaminathan
  94. Pricing the term structure with linear regressions, 2013, Tobias Adrian; Richard K. Crump; Emanuel Moench
  95. Probability weighting functions implied in options prices, 2013, Valery Polkovnichenko; Feng Zhao
  96. Productivity, restructuring, and the gains from takeovers, 2013, Xiaoyang Li
  97. Prospect theory, the disposition effect, and asset prices, 2013, Yan Li; Liyan Yang
  98. Pyramidal ownership and the creation of new firms, 2013, Jan Bena; Hernán Ortiz-Molina
  99. Quiet bubbles, 2013, Harrison Hong; David Sraer
  100. Rating agencies in the face of regulation, 2013, Milton Harris; Christian C. Opp; Marcus M. Opp
  101. Ratings quality over the business cycle, 2013, Heski Bar-Isaac; Joel Shapiro
  102. Real effects of stock underpricing, 2013, Harald Hau; Sandy Lai
  103. Realizing smiles: Options pricing with realized volatility, 2013, Fulvio Corsi; Nicola Fusari; Davide La Vecchia
  104. Reputational contagion and optimal regulatory forbearance, 2013, Alan D. Morrison; Lucy White
  105. Riding the merger wave: Uncertainty, reduced monitoring, and bad acquisitions, 2013, Ran Duchin; Breno Schmidt
  106. Risk and return: Long-run relations, fractional cointegration, and return predictability, 2013, Tim Bollerslev; Daniela Osterrieder; Natalia Sizova; George Tauchen
  107. Securitization without risk transfer, 2013, Viral V. Acharya; Philipp Schnabl; Gustavo Suarez
  108. Sharing information in the credit market: Contract-level evidence from U.S. firms, 2013, Antonio Doblas-Madrid; Raoul Minetti
  109. Stock returns and the Miller Modigliani valuation formula: Revisiting the Fama French analysis, 2013, Gil Aharoni; Bruce Grundy; Qi Zeng
  110. Strategic alliances, venture capital, and exit decisions in early stage high-tech firms, 2013, Umit Ozmel; David T. Robinson; Toby E. Stuart
  111. Style investing, comovement and return predictability, 2013, Sunil Wahal; M. Deniz Yavuz
  112. Supply uncertainty of the bond investor base and the leverage of the firm, 2013, Massimo Massa; Ayako Yasuda; Lei Zhang
  113. Systemic risk and the refinancing ratchet effect, 2013, Amir E. Khandani; Andrew W. Lo; Robert C. Merton
  114. The European Union, the Euro, and equity market integration, 2013, Geert Bekaert; Campbell R. Harvey; Christian T. Lundblad; Stephan Siegel
  115. The U.S. left behind? Financial globalization and the rise of IPOs outside the U.S., 2013, Craig Doidge; G. Andrew Karolyi; René M. Stulz
  116. The acquisitiveness of youth: CEO age and acquisition behavior, 2013, Soojin Yim
  117. The asset growth effect: Insights from international equity markets, 2013, Akiko Watanabe; Yan Xu; Tong Yao; Tong Yu
  118. The costs of shareholder activism: Evidence from a sequential decision model, 2013, Nickolay Gantchev
  119. The cross section of conditional mutual fund performance in European stock markets, 2013, Ayelen Banegas; Ben Gillen; Allan Timmermann; Russ Wermers
  120. The dark side of analyst coverage: The case of innovation, 2013, Jie (Jack) He; Xuan Tian
  121. The deep-pocket effect of internal capital markets, 2013, Xavier Boutin; Giacinta Cestone; Chiara Fumagalli; Giovanni Pica; Nicolas Serrano-Velarde
  122. The dividend month premium, 2013, Samuel M. Hartzmark; David H. Solomon
  123. The earnings announcement premium around the globe, 2013, Brad M. Barber; Emmanuel T. De George; Reuven Lehavy; Brett Trueman
  124. The economics of club bidding and value creation, 2013, Robert Marquez; Rajdeep Singh
  125. The economics of hedge funds, 2013, Yingcong Lan; Neng Wang; Jinqiang Yang
  126. The economics of options-implied inflation probability density functions, 2013, Yuriy Kitsul; Jonathan H. Wright
  127. The effects of firm-initiated clawback provisions on bank loan contracting, 2013, Lilian H. Chan; Kevin C.W. Chen; Tai-Yuan Chen
  128. The impact of investor protection law on corporate policy and performance: Evidence from the blue sky laws, 2013, Ashwini K. Agrawal
  129. The impact of securitization on the expansion of subprime credit, 2013, Taylor D. Nadauld; Shane M. Sherlund
  130. The inefficiency of refinancing: Why prepayment penalties are good for risky borrowers, 2013, Chris Mayer; Tomasz Piskorski; Alexei Tchistyi
  131. The leverage effect puzzle: Disentangling sources of bias at high frequency, 2013, Yacine Aït-Sahalia; Jianqing Fan; Yingying Li
  132. The market for borrowing corporate bonds, 2013, Paul Asquith; Andrea S. Au; Thomas Covert; Parag A. Pathak
  133. The mystery of zero-leverage firms, 2013, Ilya A. Strebulaev; Baozhong Yang
  134. The other side of value: The gross profitability premium, 2013, Robert Novy-Marx
  135. The performance of corporate alliances: Evidence from oil and gas drilling in the Gulf of Mexico, 2013, John Beshears
  136. The relation between equity incentives and misreporting: The role of risk-taking incentives, 2013, Christopher S. Armstrong; David F. Larcker; Gaizka Ormazabal; Daniel J. Taylor
  137. The role of shorting, firm size, and time on market anomalies, 2013, Ronen Israel; Tobias J. Moskowitz
  138. The role of state and foreign owners in corporate risk-taking: Evidence from privatization, 2013, Narjess Boubakri; Jean-Claude Cosset; Walid Saffar
  139. The role of the media in corporate governance: Do the media influence managers' capital allocation decisions?, 2013, Baixiao Liu; John J. Mcconnell
  140. The term structure of interbank risk, 2013, Damir Filipović; Anders B. Trolle
  141. The timing of pay, 2013, Christopher A. Parsons; Edward D. Van Wesep
  142. The value of local political connections in a low-corruption environment, 2013, Mario Daniele Amore; Morten Bennedsen
  143. The “out-of-sample” performance of long run risk models, 2013, Wayne Ferson; Suresh Nallareddy; Biqin Xie
  144. Trading frenzies and their impact on real investment, 2013, Itay Goldstein; Emre Ozdenoren; Kathy Yuan
  145. Undisclosed orders and optimal submission strategies in a limit order market, 2013, Sabrina Buti; Barbara Rindi
  146. Valuation of VIX derivatives, 2013, Javier Mencía; Enrique Sentana
  147. What do boards really do? Evidence from minutes of board meetings☆☆Miriam Schwartz-Ziv is from Harvard University and Northeastern University, e-mail: miriam.schwartz@mail.huji.ac.il. Michael S. Weisbach is from Ohio State University, NBER, and SIFR, e-mail: weisbach@fisher.osu.edu. Miriam Schwartz-Ziv is very grateful to Eugene Kandel and Michael Weisbach, the co-advisors of her Hebrew University doctoral dissertation, upon which this paper is based. We thank the executive and non-executive employees of the Government Companies Authority of Israel who allowed us both formally and practically to conduct this research; the companies studied that kindly provided us with private and sensitive data; and seminar participants at Babson University, Brown University, Northeastern University, Ohio State University, Purdue University, the European Financial Management Association 2011 conference, the Western Economic Association 2012 conference, and the Financial Management Association 2012 conference, as well as the following people who shared their thoughts and advice at different stages of the preparation of this paper: Renée Adams, Amir Barnea, Steven Davidoff, Ada Demb, Dave Denis, Alon Eizenberg, Isil Erel, Rudi Fahlenbrach, Julian Franks, Ann Gillette, Ilan Guttman, Assaf Hamdani, Randal Heron, E. Han Kim, Stephanie Kramer, Saul Lach, Alexander Ljungqvist, Udi Nisan, Nadya Malenko, Avri Ravid, Artur Raviv, Karen Selody, Daniel Schwartz, Schraga Schwartz, Eytan Sheshinski, Léa Stern, Yuhai Xuan, Jun Yang, Scott Yonker, Tammar Zilber, and Clifford Smith, the referee, Miriam Schwartz-Ziv also thanks the Israeli Ministry of Science and Technology and Hebrew University's School of Business Administration for financial support., 2013, Miriam Schwartz-Ziv; Michael S. Weisbach
  148. Why Gaussian macro-finance term structure models are (nearly) unconstrained factor-VARs, 2013, Scott Joslin; Anh Le; Kenneth J. Singleton
  149. Why are US firms using more short-term debt?, 2013, Cláudia Custódio; Miguel A. Ferreira; Luís Laureano
  150. Why does junior put all his eggs in one basket? A potential rational explanation for holding concentrated portfolios, 2013, Hervé Roche; Stathis Tompaidis; Chunyu Yang
  151. Word power: A new approach for content analysis, 2013, Narasimhan Jegadeesh; Di Wu
  152. Worldwide reach of short selling regulations, 2013, Archana Jain; Pankaj K. Jain; Thomas H. Mcinish; Michael Mckenzie
  153. “When the cat's away the mice will play”: Does regulation at home affect bank risk-taking abroad?, 2013, Steven Ongena; Alexander Popov; Gregory F. Udell

Review of Financial Studies

  1. 'O Sole Mio: An Experimental Analysis of Weather and Risk Attitudes in Financial Decisions, 2013, Anna Bassi; Riccardo Colacito; Paolo Fulghieri
  2. A Long-Run Risks Explanation of Predictability Puzzles in Bond and Currency Markets, 2013, Ravi Bansal; Ivan Shaliastovich
  3. A Structural Model of Dynamic Market Timing, 2013, Jérome Detemple; Marcel Rindisbacher
  4. A Supply Approach to Valuation, 2013, Frederico Belo; Chen Xue; Lu Zhang
  5. Ambiguous Volatility and Asset Pricing in Continuous Time, 2013, Larry G. Epstein; Shaolin Ji
  6. An Institutional Theory of Momentum and Reversal, 2013, Dimitri Vayanos; Paul Woolley
  7. Anticipated and Repeated Shocks in Liquid Markets, 2013, Dong Lou; Hongjun Yan; Jinfan Zhang
  8. Are U.S. CEOs Paid More? New International Evidence, 2013, Nuno Fernandes; Miguel A. Ferreira; Pedro Matos; Kevin J. Murphy
  9. Asset Pricing in the Dark: The Cross-Section of OTC Stocks, 2013, Andrew Ang; Assaf A. Shtauber; Paul C. Tetlock
  10. Asset Pricing with Endogenous Disasters, 2013, Cristian Tiu; Uzi Yoeli
  11. Bond Illiquidity and Excess Volatility, 2013, Jack Bao; Jun Pan
  12. Bond Market Clienteles, the Yield Curve, and the Optimal Maturity Structure of Government Debt, 2013, Stéphane Guibaud; Yves Nosbusch; Dimitri Vayanos
  13. Book-to-Market Equity, Financial Leverage, and the Cross-Section of Stock Returns, 2013, Iulian Obreja
  14. CDS Auctions, 2013, Mikhail Chernov; Alexander S. Gorbenko; Igor Makarov
  15. Can Equity Volatility Explain the Global Loan Pricing Puzzle?, 2013, Lewis Gaul; Pinar Uysal
  16. Capturing Option Anomalies with a Variance-Dependent Pricing Kernel, 2013, Peter Christoffersen; Steven Heston; Kris Jacobs
  17. Combining Banking with Private Equity Investing, 2013, Lily Fang; Victoria Ivashina; Josh Lerner
  18. Contractual Resolutions of Financial Distress, 2013, Nicola Gennaioli; Stefano Rossi
  19. Corporate Governance and Value Creation: Evidence from Private Equity, 2013, Viral V. Acharya; Oliver F. Gottschalg; Moritz Hahn; Conor Kehoe
  20. Corporate Leverage, Debt Maturity, and Credit Supply: The Role of Credit Default Swaps, 2013, Alessio Saretto; Heather E. Tookes
  21. Determinants of Trader Profits in Commodity Futures Markets, 2013, Michael Dewally; Louis H. Ederington; Chitru S. Fernando
  22. Do Implicit Barriers Matter for Globalization?, 2013, Francesca Carrieri; Ines Chaieb; Vihang Errunza
  23. Do Private Equity Fund Managers Earn Their Fees? Compensation, Ownership, and Cash Flow Performance, 2013, David T. Robinson; Berk A. Sensoy
  24. Does Family Control Matter? International Evidence from the 2008--2009 Financial Crisis, 2013, Karl V. Lins; Paolo Volpin; Hannes F. Wagner
  25. Dynamic Equilibrium with Two Stocks, Heterogeneous Investors, and Portfolio Constraints, 2013, Georgy Chabakauri
  26. Economic Linkages, Relative Scarcity, and Commodity Futures Returns, 2013, Jaime Casassus; Peng Liu; Ke Tang
  27. Entangled Financial Systems, 2013, Adam Zawadowski
  28. Estimating the Benefits of Contractual Completeness, 2013, Gregor Matvos
  29. Estimating the Costs of Issuer-Paid Credit Ratings, 2013, Jess Cornaggia; Kimberly J. Cornaggia
  30. Executive Networks and Firm Policies: Evidence from the Random Assignment of MBA Peers, 2013, Kelly Shue
  31. Factor-Loading Uncertainty and Expected Returns, 2013, Christopher S. Armstrong; Snehal Banerjee; Carlos Corona
  32. Financial Capacity and Discontinuous Investment: Evidence from Emerging Market Multibusiness Firms, 2013, Gabriel Natividad
  33. Financial Market Shocks and the Macroeconomy, 2013, Avanidhar Subrahmanyam; Sheridan Titman
  34. Firm Characteristics and Stock Returns: The Role of Investment-Specific Shocks, 2013, Leonid Kogan; Dimitris Papanikolaou
  35. Fiscal Policy and Asset Prices with Incomplete Markets, 2013, Francisco Gomes; Alexander Michaelides; Valery Polkovnichenko
  36. Hidden and Displayed Liquidity in Securities Markets with Informed Liquidity Providers, 2013, Alex Boulatov; Thomas J. George
  37. How Do CEOs Matter? The Effect of Industry Expertise on Acquisition Returns, 2013, Cláudia Custódio; Daniel Metzger
  38. Identifying the Valuation Effects and Agency Costs of Corporate Diversification: Evidence from the Geographic Diversification of U.S. Banks, 2013, Martin R. Goetz; Luc Laeven; Ross Levine
  39. Indexing Executive Compensation Contracts, 2013, Ingolf Dittmann; Ernst Maug; Oliver G. Spalt
  40. Indirect Costs of Financial Distress in Durable Goods Industries: The Case of Auto Manufacturers, 2013, Ali Hortaçsu; Gregor Matvos; Chad Syverson; Sriram Venkataraman
  41. Investor Heterogeneity, Investor-Management Disagreement and Share Repurchases, 2013, Sheng Huang; Anjan V. Thakor
  42. Investors' Horizons and the Amplification of Market Shocks, 2013, Cristina Cella; Andrew Ellul; Mariassunta Giannetti
  43. Is Disclosure an Effective Cleansing Mechanism? The Dynamics of Compensation Peer Benchmarking, 2013, Michael Faulkender; Jun Yang
  44. Issuer Quality and Corporate Bond Returns, 2013, Robin Greenwood; Samuel G. Hanson
  45. Joint Editorial, 2013, David Hirshleifer
  46. Libertarian Paternalism, Information Production, and Financial Decision Making, 2013, Bruce Ian Carlin; Simon Gervais; Gustavo Manso
  47. Local Overweighting and Underperformance: Evidence from Limited Partner Private Equity Investments, 2013, Yael V. Hochberg; Joshua D. Rauh
  48. Long-Run Risk and the Persistence of Consumption Shocks, 2013, Fulvio Ortu; Andrea Tamoni; Claudio Tebaldi
  49. Managerial Incentives and the Role of Advisors in the Continuous-Time Agency Model, 2013, Keiichi Hori; Hiroshi Osano
  50. Managers with and without Style: Evidence Using Exogenous Variation, 2013, C. Edward Fee; Charles J. Hadlock; Joshua R. Pierce
  51. Misvaluing Innovation, 2013, Lauren Cohen; Karl Diether; Christopher Malloy
  52. Momentum in Corporate Bond Returns, 2013, Gergana Jostova; Stanislava Nikolova; Alexander Philipov; Christof W. Stahel
  53. Mutual Fund's R-super-2 as Predictor of Performance, 2013, Yakov Amihud; Ruslan Goyenko
  54. New Orders and Asset Prices, 2013, Christopher S. Jones; Selale Tuzel
  55. Optimal Convergence Trade Strategies, 2013, Jun Liu; Allan Timmermann
  56. Optimal Corporate Governance in the Presence of an Activist Investor, 2013, Jonathan B. Cohn; Uday Rajan
  57. Optimal Life Cycle Portfolio Choice with Housing Market Cycles, 2013, Marcel Fischer; Michael Z. Stamos
  58. Out of the Dark: Hedge Fund Reporting Biases and Commercial Databases, 2013, Adam L. Aiken; Christopher P. Clifford; Jesse Ellis
  59. Pricing Credit Default Swaps with Observable Covariates, 2013, Hitesh Doshi; Jan Ericsson; Kris Jacobs; Stuart M. Turnbull
  60. R&D and the Incentives from Merger and Acquisition Activity, 2013, Gordon M. Phillips; Alexei Zhdanov
  61. Rating Shopping or Catering? An Examination of the Response to Competitive Pressure for CDO Credit Ratings, 2013, John M. Griffin; Jordan Nickerson; Dragon Yongjun Tang
  62. Realization Utility with Reference-Dependent Preferences, 2013, Jonathan E. Ingersoll; Lawrence J. Jin
  63. Running for the Exit? International Bank Lending During a Financial Crisis, 2013, Ralph De Haas; Neeltje Van Horen
  64. Shackling Short Sellers: The 2008 Shorting Ban, 2013, Ekkehart Boehmer; Charles M. Jones; Xiaoyan Zhang
  65. Short Selling and the Price Discovery Process, 2013, Ekkehart Boehmer; Juan (Julie) Wu
  66. Sovereign Debt, Government Myopia, and the Financial Sector, 2013, Viral V. Acharya; Raghuram G. Rajan
  67. Specialization, Productivity, and Financing Constraints, 2013, Robert Marquez; M. Deniz Yavuz
  68. Subprime Consumer Credit Demand: Evidence from a Lender's Pricing Experiment, 2013, Sule Alan; Gyongyi Loranth
  69. The Attractions and Perils of Flexible Mortgage Lending, 2013, Mark J. Garmaise
  70. The Delegated Lucas Tree, 2013, Ron Kaniel; Péter Kondor
  71. The Effect of Liquidity on Governance, 2013, Alex Edmans; Vivian W. Fang; Emanuel Zur
  72. The Flip Side of Financial Synergies: Coinsurance Versus Risk Contamination, 2013, Albert Banal-Estañol; Marco Ottaviani; Andrew Winton
  73. The Price of Diversifiable Risk in Venture Capital and Private Equity, 2013, Michael Ewens; Charles M. Jones; Matthew Rhodes-Kropf
  74. The Price of a CEO's Rolodex, 2013, Joseph Engelberg; Pengjie Gao; Christopher A. Parsons
  75. The Procyclical Effects of Bank Capital Regulation, 2013, Rafael Repullo; Javier Suarez
  76. The Skew Risk Premium in the Equity Index Market, 2013, Roman Kozhan; Anthony Neuberger; Paul Schneider
  77. The Supply of Corporate Directors and Board Independence, 2013, Anzhela Knyazeva; Diana Knyazeva; Ronald W. Masulis
  78. Toward a Quantitative General Equilibrium Asset Pricing Model with Intangible Capital, 2013, Hengjie Ai; Mariano Massimiliano Croce; Kai Li
  79. Understanding the Puzzling Risk-Return Relationship for Housing, 2013, Lu Han
  80. Using Option Prices to Infer Overpayments and Synergies in M&A Transactions, 2013, Kathryn Barraclough; David T. Robinson; Tom Smith; Robert E. Whaley
  81. What Drives Stock Price Movements?, 2013, Long Chen; Zhi Da; Xinlei Zhao
  82. What Drives the Value Premium?: The Role of Asset Risk and Leverage, 2013, Jaewon Choi
  83. What Motivates Minority Acquisitions? The Trade-Offs between a Partial Equity Stake and Complete Integration, 2013, Paige Parker Ouimet
  84. With a Little Help from My (Random) Friends: Success and Failure in Post-Business School Entrepreneurship, 2013, Josh Lerner; Ulrike Malmendier