Howard Kung

London Business School

Assistant Professor of Finance

Sussex Place

Regent's Park

London NW1 4SA

United Kingdom

Centre for Economic Policy Research (CEPR)

London

United Kingdom

SCHOLARLY PAPERS

19

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5,449

SSRN CITATIONS
Rank 7,446

SSRN RANKINGS

Top 7,446

in Total Papers Citations

77

CROSSREF CITATIONS

60

Scholarly Papers (19)

1.

Fiscal Policies and Asset Prices

Review of Financial Studies, 2012
Number of pages: 47 Posted: 15 Jun 2011 Last Revised: 10 Mar 2017
Finance Department, Bocconi University, London Business School, Ohio State University (OSU) - Department of Finance and Duke University - The Fuqua School of Business
Downloads 1,191 (17,130)
Citation 10

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cost of equity, corporate tax uncertainty, tax smoothing

2.

Innovation, Growth, and Asset Prices

AFA 2012 Chicago Meetings Paper
Number of pages: 50 Posted: 21 Mar 2011 Last Revised: 12 Jun 2014
Howard Kung and Lukas Schmid
London Business School and Duke University - The Fuqua School of Business
Downloads 1,184 (17,287)
Citation 24

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Endogenous growth, asset pricing, innovation, R&D, productivity, recursive preferences

3.

The Asset Redeployability Channel: How Uncertainty Affects Corporate Investment

Number of pages: 63 Posted: 15 Mar 2012 Last Revised: 20 Mar 2017
Hyunseob Kim and Howard Kung
Cornell University - Samuel Curtis Johnson Graduate School of Management and London Business School
Downloads 583 (46,802)
Citation 6

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Asset redeployability; Uncertainty; Irreversible investment; Capital reallocation; Real options

The CAPM Strikes Back? An Equilibrium Model with Disasters

Fisher College of Business Working Paper No. 2015-03-03, Charles A. Dice Center Working Paper No. 2015-03
Number of pages: 58 Posted: 23 Feb 2015 Last Revised: 19 Feb 2018
University of Connecticut - Department of Finance, Ohio State University (OSU) - Department of Finance, London Business School, Cheung Kong Graduate School of Business and Ohio State University - Fisher College of Business
Downloads 377 (79,216)

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The CAPM, Rare Disasters, Measurement Errors, The Consumption CAPM, General Equilibrium

The CAPM Strikes Back? An Equilibrium Model with Disasters

Journal of Financial Economics (JFE), Forthcoming
Number of pages: 64 Posted: 07 Mar 2018
University of Connecticut - Department of Finance, Ohio State University (OSU) - Department of Finance, London Business School, Cheung Kong Graduate School of Business and Ohio State University - Fisher College of Business
Downloads 125 (232,405)
Citation 1

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The CAPM, Rare Disasters, Measurement Errors, The Consumption CAPM, General Equilibrium, Approximate Aggregation

The CAPM Strikes Back? An Investment Model with Disasters

NBER Working Paper No. w21016
Number of pages: 41 Posted: 16 Mar 2015
Hang Bai, Kewei Hou, Howard Kung and Lu Zhang
University of Connecticut - Department of Finance, Ohio State University (OSU) - Department of Finance, London Business School and Ohio State University - Fisher College of Business
Downloads 21 (546,179)

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5.

Competition, Markups and Predictable Returns

Number of pages: 47 Posted: 18 Jan 2015 Last Revised: 27 Aug 2019
Alexandre Corhay, Howard Kung and Lukas Schmid
University of Toronto - Rotman School of Management, London Business School and Duke University - The Fuqua School of Business
Downloads 502 (56,609)
Citation 18

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Production-based asset pricing, imperfect competition, time-varying risk premia, stock return predictability, recursive preferences

Computational Methods for Production-Based Asset Pricing Models with Recursive Utility

Economic Research Initiatives at Duke (ERID) Working Paper No. 87
Number of pages: 45 Posted: 15 Dec 2010 Last Revised: 10 May 2017
Eric M. Aldrich and Howard Kung
University of California, Santa Cruz and London Business School
Downloads 350 (86,486)
Citation 2

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DSGE Models, Nonlinear Solution Methods, Numerical Dynamic Program- ming, Recursive Utility, Asset Pricing

Computational Methods for Production-Based Asset Pricing Models with Recursive Utility

Number of pages: 45 Posted: 26 Sep 2009 Last Revised: 10 May 2017
Eric M. Aldrich and Howard Kung
University of California, Santa Cruz and London Business School
Downloads 59 (373,550)
Citation 1

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DSGE Models, Nonlinear Solution Methods, Numerical Dynamic Programming, Recursive Utility, Asset Pricing.

7.

Size Premium Waves

Number of pages: 29 Posted: 13 Aug 2018 Last Revised: 03 Oct 2018
Bernard Herskovic, Thilo Kind and Howard Kung
University of California, Los Angeles (UCLA) - Anderson School of Management, London Business School and London Business School
Downloads 278 (112,211)
Citation 1

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8.

Macroeconomic Linkages between Monetary Policy and the Term Structure of Interest Rates

Number of pages: 39 Posted: 16 Feb 2014 Last Revised: 21 Feb 2014
Howard Kung
London Business School
Downloads 194 (160,044)
Citation 21

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Term structure of interest rates, asset pricing, recursive preferences, monetary policy, endogenous growth, inflation, productivity

9.

Equilibrium Growth, Inflation, and Bond Yields

Number of pages: 50 Posted: 01 Mar 2012 Last Revised: 04 Jun 2012
Howard Kung
London Business School
Downloads 115 (246,295)
Citation 2

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Term structure of interest rates, asset pricing, recursive preferences, monetary policy, endogenous growth, inflation, productivity.

10.

Limited Marital Commitment and Household Portfolios

Number of pages: 31 Posted: 18 Nov 2016
Jawad M. Addoum, Howard Kung and Gonzalo Morales
Cornell University, London Business School and University of Alberta
Downloads 100 (271,462)
Citation 4

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Optimal Portfolio Choice, Limited Commitment, Bargaining Power, Risk Aversion

11.

Government Maturity Structure Twists

Number of pages: 40 Posted: 25 Apr 2016
University of Toronto - Rotman School of Management, London Business School and University of Alberta
Downloads 76 (321,935)
Citation 6

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12.
Downloads 68 (342,405)
Citation 9

Growth, Slowdowns, and Recoveries

Economic Research Initiatives at Duke (ERID) Working Paper No. 184
Number of pages: 39 Posted: 16 Mar 2015 Last Revised: 11 Apr 2015
Francesco Bianchi and Howard Kung
Duke University and London Business School
Downloads 58 (376,752)
Citation 4

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DSGE model, Endogenous growth, Technology Diffusion, Business cycles, Bayesian Methods

Growth, Slowdowns, and Recoveries

NBER Working Paper No. w20725
Number of pages: 38 Posted: 08 Dec 2014
Duke University, London Business School and University of Alberta
Downloads 10 (621,518)

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Growth, Slowdowns, and Recoveries

CEPR Discussion Paper No. DP10291
Number of pages: 44 Posted: 08 Dec 2014 Last Revised: 11 Dec 2017
Duke University, London Business School and University of Alberta
Downloads 0
Citation 2
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Bayesian methods, business cycles, DSGE model, endogenous growth, technology diffusion

13.

Threats to Central Bank Independence: High-Frequency Evidence with Twitter

Number of pages: 35 Posted: 24 Sep 2019
Francesco Bianchi, Thilo Kind and Howard Kung
Duke University, London Business School and London Business School
Downloads 67 (345,204)

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Central bank independence, monetary policy, fed funds target, high-frequency identification, twitter

14.

QE in the Fiscal Theory: A Risk-Based View

Rotman School of Management Working Paper No. 2981085
Number of pages: 52 Posted: 07 Jun 2017
University of Toronto - Rotman School of Management, London Business School and University of Alberta
Downloads 56 (377,761)

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Fiscal Theory of the Price Level, Government Debt, Maturity Structure, Inflation, Bond Risk Premia, Markov-Switching DSGE, Nonlinear Solution Methods, Time-Varying Risk Premia

15.

A Macroeconomic Foundation for the Equilibrium Term Structure of Interest Rates

Number of pages: 37 Posted: 25 Apr 2013
Howard Kung
London Business School
Downloads 52 (390,765)

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term structure of interest rates, asset pricing, recursive preferences, monetary policy, endogenous growth, inflation, productivity

16.

Strategic Product Diversity

Number of pages: 59 Posted: 02 Dec 2019
Nuno Clara, Alexandre Corhay and Howard Kung
London Business School, University of Toronto - Rotman School of Management and London Business School
Downloads 22 (522,461)

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Firm Boundary, Multi Product Firm, Asset Pricing, Imperfect Competition, Financial Frictions, Idiosyncratic Volatility, Productivity, Secular Trends

Threats to Central Bank Independence: High-Frequency Identification with Twitter

NBER Working Paper No. w26308
Number of pages: 36 Posted: 23 Sep 2019
Francesco Bianchi, Howard Kung and Thilo Kind
Duke University, London Business School and London Business School
Downloads 14 (593,216)
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Threats to Central Bank Independence: High-Frequency Identification with Twitter

CEPR Discussion Paper No. DP14021
Number of pages: 38 Posted: 07 Oct 2019
Francesco Bianchi, Thilo Kind and Howard Kung
Duke University, London Business School and London Business School
Downloads 1 (698,427)
Citation 1
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central bank independence, fed funds target, High-Frequency Identification, monetary policy, Twitter

18.

Disagreement about Innovations and Endogenous Growth

Number of pages: 31 Posted: 05 Dec 2019
Indiana University - Kelley School of Business - Department of Finance, University of Pennsylvania - Finance Department and London Business School
Downloads 9 (602,802)

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Disagreement, Optimism, Entrepreneurship, Externality, Endogenous Growth, Innovations, Laffer Curve

The Origins and Effects of Macroeconomic Uncertainty

NBER Working Paper No. w25386
Number of pages: 56 Posted: 26 Dec 2018
Duke University, London Business School and London Business School
Downloads 5 (657,676)
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The Origins and Effects of Macroeconomic Uncertainty

CEPR Discussion Paper No. DP13450
Number of pages: 58 Posted: 23 Jan 2019
Duke University, London Business School and London Business School
Downloads 0
Citation 1
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Business Cycles, Term Structure of Interest Rates, time-varying risk premia, Uncertainty shocks