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Steven D. Baker

Federal Reserve Banks - Federal Reserve Bank of Richmond

530 E Trade Street

Charlotte, NC 28202

United States

SCHOLARLY PAPERS

7

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1,969

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in Total Papers Citations

76

Scholarly Papers (7)

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1.

Asset Prices and Portfolios with Externalities

Review of Finance 26(6): 1433–1468, 2022
Number of pages: 57 Posted: 25 Mar 2019 Last Revised: 22 Nov 2022
Steven D. Baker, Burton Hollifield and Emilio Osambela
Federal Reserve Banks - Federal Reserve Bank of Richmond, Carnegie Mellon University - David A. Tepper School of Business and Board of Governors of the Federal Reserve System
Downloads 763 (83,064)
Citation 9

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ESG, Externality, Hedging, Portfolio Theory, Socially responsible investment

2.

The Financialization of Storable Commodities

Finance Down Under 2014 Building on the Best from the Cellars of Finance
Number of pages: 49 Posted: 02 Nov 2013 Last Revised: 04 Mar 2014
Steven D. Baker
Federal Reserve Banks - Federal Reserve Bank of Richmond
Downloads 417 (175,529)
Citation 26

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Commodities, Oil, Futures, Storage

3.

Disagreement, Speculation, and Aggregate Investment

Journal of Financial Economics 119(1): 210–225, 2016
Number of pages: 41 Posted: 02 Nov 2013 Last Revised: 18 Aug 2016
Steven D. Baker, Burton Hollifield and Emilio Osambela
Federal Reserve Banks - Federal Reserve Bank of Richmond, Carnegie Mellon University - David A. Tepper School of Business and Board of Governors of the Federal Reserve System
Downloads 346 (216,367)
Citation 18

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speculation, aggregate investment, heterogeneous beliefs, disasters, recursive preferences

4.

Preventing Controversial Catastrophes

Downloads 156 (477,517)
Citation 23

Preventing Controversial Catastrophes

Review of Asset Pricing Studies 10(1): 1–60, 2020
Number of pages: 89 Posted: 19 Aug 2016 Last Revised: 06 May 2021
Steven D. Baker, Burton Hollifield and Emilio Osambela
Federal Reserve Banks - Federal Reserve Bank of Richmond, Carnegie Mellon University - David A. Tepper School of Business and Board of Governors of the Federal Reserve System
Downloads 118 (607,238)

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Crowding out, Disagreement, Disaster Risk, Government policy, Wllingness to Pay

Preventing Controversial Catastrophes

FEDS Working Paper No. 2018-52
Number of pages: 90 Posted: 23 Jul 2018 Last Revised: 21 Feb 2019
Steven D. Baker, Burton Hollifield and Emilio Osambela
Federal Reserve Banks - Federal Reserve Bank of Richmond, Carnegie Mellon University - David A. Tepper School of Business and Board of Governors of the Federal Reserve System
Downloads 38 (1,238,337)
Citation 23

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5.

Cyber Risk in Banking: Measuring and Predicting Vulnerability

Number of pages: 44 Posted: 18 Sep 2025
Steven D. Baker and Dimuthu Ratnadiwakara
Federal Reserve Banks - Federal Reserve Bank of Richmond and Federal Reserve Banks - Federal Reserve Bank of Richmond
Downloads 148 (527,599)

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Cyber Risk, Banking, Predictive Modeling

6.

Systemic Cyber Risk

FRB of New York Staff Report No. 1186, https://doi.org/10.59576/sr.1186
Number of pages: 30 Posted: 01 Mar 2026
Steven D. Baker and Michael Lee
Federal Reserve Banks - Federal Reserve Bank of Richmond and Federal Reserve Banks - Federal Reserve Bank of New York
Downloads 88 (830,555)

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index, cyber risk, systemic risk, financial stability, financial system architecture

7.

Activism, Stock Selection, and Indexing in Equilibrium

Number of pages: 57 Posted: 05 Feb 2026
Steven D. Baker, David A. Chapman and Michael F. Gallmeyer
Federal Reserve Banks - Federal Reserve Bank of Richmond, McIntire School, University of Virginia and University of Virginia (UVA) - McIntire School of Commerce
Downloads 51 (1,097,529)

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Active Fund Management, Passive Investing, Fee Compression, Welfare