Christian C. Opp

University of Rochester - Simon Business School

Rochester, NY 14627

United States

National Bureau of Economic Research (NBER)

1050 Massachusetts Avenue

Cambridge, MA 02138

United States

SCHOLARLY PAPERS

21

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14,197

SSRN CITATIONS
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Top 5,817

in Total Papers Citations

273

CROSSREF CITATIONS

35

Scholarly Papers (21)

1.

Rating Agencies in the Face of Regulation

Journal of Financial Economics (JFE), Vol. 108, pp. 64-81, 2013, Chicago Booth Research Paper No. 13-05, Fama-Miller Working Paper, Jacobs Levy Equity Management Center for Quantitative Financial Research Paper
Number of pages: 33 Posted: 26 Jan 2010 Last Revised: 11 Aug 2020
Christian C. Opp, Marcus M. Opp and Milton Harris
University of Rochester - Simon Business School, Stockholm School of Economics - Department of Finance and University of Chicago - Finance
Downloads 3,237 (7,138)
Citation 36

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Financial Regulation, Rating Agencies, Certification, Dodd-Frank Act

2.
Downloads 2,349 (11,876)
Citation 39

Real Anomalies

Journal of Finance, August 2019, Jacobs Levy Equity Management Center for Quantitative Financial Research Paper
Number of pages: 74 Posted: 16 Mar 2016 Last Revised: 11 Aug 2020
Jules H. van Binsbergen and Christian C. Opp
University of Pennsylvania - The Wharton School and University of Rochester - Simon Business School
Downloads 2,269 (12,294)
Citation 12

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Real Misallocations, Asset Pricing Anomalies, Alpha, Lumpy Investment

Real Anomalies

NBER Working Paper No. w23238
Number of pages: 54 Posted: 19 Mar 2017 Last Revised: 01 Jul 2023
Jules H. van Binsbergen and Christian C. Opp
University of Pennsylvania - The Wharton School and University of Rochester - Simon Business School
Downloads 80 (569,452)
Citation 30

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Dynamic Asset (Mis)Pricing: Build-up vs. Resolution Anomalies

Journal of Financial Economics (JFE), Forthcoming
Number of pages: 44 Posted: 18 Feb 2021 Last Revised: 21 Nov 2022
University of Pennsylvania - The Wharton School, Nova School of Business and Economics, University of Rochester - Simon Business School and Rutgers, The State University of New Jersey - Rutgers Business School at Newark & New Brunswick
Downloads 1,298 (29,228)
Citation 4

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Mispricing, Price Wedges, Tobin’s q, Real Misallocation

4.

Asymmetric Information and Intermediation Chains

American Economic Review, Forthcoming
Number of pages: 37 Posted: 14 Mar 2013 Last Revised: 25 Mar 2016
Vincent Glode and Christian C. Opp
University of Pennsylvania - The Wharton School and University of Rochester - Simon Business School
Downloads 1,029 (41,359)
Citation 22

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Intermediation Chains, Asymmetric Information, OTC Trading Networks, Monopoly Power, Double Marginalization

5.

Venture Capital and the Macroeconomy

Review of Financial Studies, Forthcoming, Jacobs Levy Equity Management Center for Quantitative Financial Research Paper
Number of pages: 80 Posted: 13 Jan 2014 Last Revised: 12 Aug 2020
Christian C. Opp
University of Rochester - Simon Business School
Downloads 897 (50,115)
Citation 20

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Venture Capital, Economic Growth, Innovation, Intermediation, Boom-Bust Cycles, Risk Premia, Uninsurable Idiosyncratic Risk

6.

Market Power in the Securities Lending Market

Number of pages: 84 Posted: 10 May 2022 Last Revised: 17 Mar 2024
Shuaiyu Chen, Ron Kaniel and Christian C. Opp
Purdue University - Mitchell E. Daniels, Jr. School of Business, University of Rochester - Simon Business School and University of Rochester - Simon Business School
Downloads 841 (54,753)

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Short selling, market power, custodian lenders

7.
Downloads 737 (62,422)
Citation 8

Intermediary capital and the credit market

Management Science (Forthcoming)
Number of pages: 56 Posted: 19 Jul 2014 Last Revised: 04 Feb 2024
Milton Harris, Christian C. Opp and Marcus M. Opp
University of Chicago - Finance, University of Rochester - Simon Business School and Stockholm School of Economics - Department of Finance
Downloads 737 (64,411)
Citation 12

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Composition of credit, Intermediary asset pricing, Credit rationing, Public market substitution, Capital Regulation.

The Aggregate Demand for Bank Capital

CEPR Discussion Paper No. DP14524
Number of pages: 57 Posted: 25 Mar 2020
Milton Harris, Christian C. Opp and Marcus M. Opp
University of Chicago - Finance, University of Rochester - Simon Business School and Stockholm School of Economics - Department of Finance
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Bailouts, bank capital, Composition of credit, Credit rationing, Crowding out, Institutional asset pricing, Non-bank competition, Overinvestment

8.

Over-the-Counter vs. Limit-Order Markets: The Role of Traders' Expertise

Number of pages: 64 Posted: 03 Dec 2015 Last Revised: 09 Nov 2018
Vincent Glode and Christian C. Opp
University of Pennsylvania - The Wharton School and University of Rochester - Simon Business School
Downloads 668 (74,100)
Citation 23

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Asymmetric Information, OTC Trading, Centralized Markets, Rent-seeking, Market Power

9.

Learning, Optimal Default, and the Pricing of Distress Risk

Jacobs Levy Equity Management Center for Quantitative Financial Research Paper
Number of pages: 47 Posted: 27 Nov 2012 Last Revised: 02 Sep 2020
Christian C. Opp
University of Rochester - Simon Business School
Downloads 478 (112,352)

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Expected Returns, Financial Distress, Learning, Momentum, Anomalies, PIPE, Activist Investors

Private Renegotiations and Government Interventions in Credit Chains

Forthcoming at the Review of Financial Studies
Number of pages: 56 Posted: 12 Aug 2020 Last Revised: 18 Mar 2023
Vincent Glode and Christian C. Opp
University of Pennsylvania - The Wharton School and University of Rochester - Simon Business School
Downloads 407 (134,305)
Citation 9

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Debt Renegotiation, Credit, Bargaining Power, Default Waves

11.

Granular Economies

Number of pages: 30 Posted: 08 Feb 2019 Last Revised: 24 Dec 2019
Jules H. van Binsbergen and Christian C. Opp
University of Pennsylvania - The Wharton School and University of Rochester - Simon Business School
Downloads 462 (117,016)

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Stochastic lumpy adjustment, persistent heterogeneity, exact solutions, occasionally binding constraints, non-linearities, granularity

12.

Voluntary Disclosure in Bilateral Transactions

Journal of Economic Theory, Forthcoming
Number of pages: 56 Posted: 16 Nov 2016 Last Revised: 12 Feb 2018
Vincent Glode, Christian C. Opp and Xingtan Zhang
University of Pennsylvania - The Wharton School, University of Rochester - Simon Business School and University of Colorado at Boulder - Department of Finance
Downloads 453 (119,713)
Citation 20

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Information Design, Disclosure, Market Power, Persuasion

13.

Large Shareholders and Financial Distress

Number of pages: 47 Posted: 27 Mar 2019 Last Revised: 21 Dec 2023
Christian C. Opp
University of Rochester - Simon Business School
Downloads 306 (185,055)
Citation 2

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Distressed equity issuances; Credit risk; Private investments in public equity (PIPEs)

The Effectiveness of Life-Preserving Investments in Times of COVID-19

Number of pages: 26 Posted: 13 May 2020
Jules H. van Binsbergen and Christian C. Opp
University of Pennsylvania - The Wharton School and University of Rochester - Simon Business School
Downloads 218 (258,428)

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COVID-19, mitigation, life-preserving investments, life expectancy, influenza, vaccination

15.

On the Efficiency of Long Intermediation Chains

Journal of Financial Intermediation, Forthcoming
Number of pages: 30 Posted: 30 May 2016 Last Revised: 17 Oct 2017
Vincent Glode, Christian C. Opp and Xingtan Zhang
University of Pennsylvania - The Wharton School, University of Rochester - Simon Business School and University of Colorado at Boulder - Department of Finance
Downloads 236 (240,585)
Citation 9

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Intermediation Chains, Asymmetric Information, OTC Trading Networks, Monopoly Power, Double Marginalization

16.
Downloads 179 (301,147)
Citation 4

To Pool or Not to Pool? Security Design in OTC Markets

Journal of Financial Economics (JFE), Forthcoming, Jacobs Levy Equity Management Center for Quantitative Financial Research Paper
Number of pages: 36 Posted: 21 Nov 2016 Last Revised: 26 Jun 2022
Vincent Glode, Christian C. Opp and Ruslan Sverchkov
University of Pennsylvania - The Wharton School, University of Rochester - Simon Business School and University of Warwick - Warwick Business School
Downloads 179 (309,735)
Citation 4

Abstract:

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Pooling; Adverse selection; Imperfect competition; Decentralized markets

17.

Intertemporal Information Acquisition and Investment Dynamics

Number of pages: 65 Posted: 02 Apr 2015
Christian C. Opp
University of Rochester - Simon Business School
Downloads 178 (313,159)
Citation 1

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Dynamic Information Acquisition, Investment, Asset Markets, Bayesian Learning

18.

Can Decentralized Markets Be More Efficient?

Jacobs Levy Equity Management Center for Quantitative Financial Research Paper, Review of Financial Studies
Number of pages: 53 Posted: 11 Oct 2016 Last Revised: 28 Aug 2022
Vincent Glode and Christian C. Opp
University of Pennsylvania - The Wharton School and University of Rochester - Simon Business School
Downloads 76 (579,646)
Citation 1

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19.

Adverse Selection and Intermediation Chains

Jacobs Levy Equity Management Center for Quantitative Financial Research Paper, American Economic Review
Number of pages: 44 Posted: 06 May 2014 Last Revised: 28 Aug 2022
Vincent Glode and Christian C. Opp
University of Pennsylvania - The Wharton School and University of Rochester - Simon Business School
Downloads 64 (635,641)
Citation 3

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Intermediation Chains, Asymmetric Information, OTC Trading Networks, Order-Flow Agreements, Information Percolation

20.

Environmental Disclosures in Global Supply Chains

Number of pages: 37 Posted: 30 Nov 2023 Last Revised: 04 Feb 2024
Christian C. Opp and Xingtan Zhang
University of Rochester - Simon Business School and University of Colorado at Boulder - Department of Finance
Downloads 63 (640,642)

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Carbon credit markets; ESG ratings; Global warming; Asymmetric information; Optimal regulation

21.

Learning, Active Investors, and the Returns of Financially Distressed Firms

Jacobs Levy Equity Management Center for Quantitative Financial Research Paper
Number of pages: 43 Posted: 09 Dec 2013
Christian C. Opp
University of Rochester - Simon Business School
Downloads 21 (944,026)

Abstract:

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Expected Returns, Financial Distress, Learning, Information Acquisition, Momentum, Active Investors, Private Investments in Public Equity