David Alexandre Sraer

University of California, Berkeley

Associate Professor

310 Barrows Hall

Berkeley, CA 94720

United States

Princeton University

22 Chambers Street

Princeton, NJ 08544-0708

United States

SCHOLARLY PAPERS

22

DOWNLOADS
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SSRN RANKINGS

Top 3,167

in Total Papers Downloads

13,194

SSRN CITATIONS
Rank 1,195

SSRN RANKINGS

Top 1,195

in Total Papers Citations

617

CROSSREF CITATIONS

363

Scholarly Papers (22)

1.
Downloads 3,386 ( 3,570)
Citation 30

Speculative Betas

Journal of Finance, Forthcoming
Number of pages: 84 Posted: 03 Dec 2011 Last Revised: 21 Nov 2015
Harrison G. Hong and David Alexandre Sraer
Columbia University, Graduate School of Arts and Sciences, Department of Economics and University of California, Berkeley
Downloads 3,345 (3,563)
Citation 5

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Speculative Betas

NBER Working Paper No. w18548
Number of pages: 51 Posted: 20 Nov 2012
Harrison G. Hong and David Alexandre Sraer
Columbia University, Graduate School of Arts and Sciences, Department of Economics and University of California, Berkeley
Downloads 41 (487,918)
Citation 9

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2.
Downloads 1,367 ( 15,980)
Citation 17

Quiet Bubbles

Number of pages: 44 Posted: 22 Feb 2011 Last Revised: 21 Nov 2011
Harrison G. Hong and David Alexandre Sraer
Columbia University, Graduate School of Arts and Sciences, Department of Economics and University of California, Berkeley
Downloads 1,341 (16,105)

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Bubbles, Financial Crisis, Sub-Prime Mortgage Securities, Credit

Quiet Bubbles

NBER Working Paper No. w18547
Number of pages: 43 Posted: 20 Nov 2012 Last Revised: 26 Mar 2013
Harrison G. Hong and David Alexandre Sraer
Columbia University, Graduate School of Arts and Sciences, Department of Economics and University of California, Berkeley
Downloads 26 (570,189)
Citation 4

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3.

Banks' Exposure to Interest Rate Risk and the Transmission of Monetary Policy

Number of pages: 72 Posted: 19 Feb 2013 Last Revised: 24 Mar 2020
Matthieu Gomez, Augustin Landier, David Alexandre Sraer and David Thesmar
Columbia University, Graduate School of Arts and Sciences, Department of Economics, HEC, University of California, Berkeley and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 1,018 (24,838)
Citation 4

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Interest rate risk, monetary policy, bank lending

4.

Quantifying Reduced-Form Evidence on Collateral Constraints

Number of pages: 57 Posted: 05 Jun 2016 Last Revised: 01 Feb 2018
University of Pennsylvania - Finance Department, SciencesPo - Sciences Po - Department of Economics, The Chinese University of Hong Kong, Shenzhen, University of California, Berkeley and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 837 (32,805)
Citation 3

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Structural model, Financing Constraint, Aggregate Implications

Performance and Behavior of Family Firms: Evidence from the French Stock Market

ECGI - Finance Working Paper No. 130/2006
Number of pages: 65 Posted: 06 Sep 2006
David Alexandre Sraer and David Thesmar
University of California, Berkeley and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 737 (38,441)
Citation 119

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Family firms, management style, corporate performance

Performance and Behavior of Family Firms: Evidence from the French Stock Market

Number of pages: 41 Posted: 21 Sep 2004
David Alexandre Sraer and David Thesmar
University of California, Berkeley and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 46 (465,491)
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Family firms, management style, corporate performance

6.

Growth LBOs

Journal of Financial Economics (JFE), Forthcoming
Number of pages: 42 Posted: 06 Mar 2009 Last Revised: 28 Sep 2012
Quentin Boucly, David Alexandre Sraer and David Thesmar
affiliation not provided to SSRN, University of California, Berkeley and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 692 (42,477)
Citation 34

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LBO, Employment, Financial Constraints

7.

Can Unemployment Insurance Spur Entrepreneurial Activity? Evidence from France

HEC Paris Research Paper No. FIN-2013-1020
Number of pages: 81 Posted: 23 Sep 2013 Last Revised: 21 Jul 2019
Johan Hombert, Antoinette Schoar, David Alexandre Sraer and David Thesmar
HEC Paris - Finance Department, Massachusetts Institute of Technology (MIT) - Sloan School of Management, University of California, Berkeley and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 562 (55,717)
Citation 16

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Entrepreneurship; Unemployment Insurance; Crowding Out

8.
Downloads 555 ( 56,644)
Citation 55

Housing Collateral and Entrepreneurship

Journal of Finance, Forthcoming
Number of pages: 36 Posted: 22 Dec 2014 Last Revised: 20 Nov 2015
Martin C. Schmalz, David Alexandre Sraer and David Thesmar
University of Oxford - Finance, University of California, Berkeley and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 516 (61,390)
Citation 1

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Collateral; Entrepreneurship; Real estate

Housing Collateral and Entrepreneurship

NBER Working Paper No. w19680
Number of pages: 44 Posted: 28 Nov 2013 Last Revised: 07 Oct 2014
Martin C. Schmalz, David Alexandre Sraer and David Thesmar
University of Oxford - Finance, University of California, Berkeley and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 39 (497,408)
Citation 23

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9.
Downloads 532 ( 59,697)
Citation 49

Individual Investors and Volatility

Journal of Finance, Forthcoming, AFA 2009 San Francisco Meetings Paper
Number of pages: 75 Posted: 17 Mar 2008 Last Revised: 13 Mar 2013
Thierry Foucault, David Alexandre Sraer and David Thesmar
HEC Paris - Finance Department, University of California, Berkeley and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 528 (59,646)
Citation 6

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Idiosyncratic Volatility, Retail Trading, Noise Trading

Individual Investors and Volatility

CEPR Discussion Paper No. DP6915
Number of pages: 47 Posted: 20 Aug 2008
Thierry Foucault, David Alexandre Sraer and David Thesmar
HEC Paris - Finance Department, University of California, Berkeley and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 4 (736,983)
Citation 4
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Idiosyncratic volatility, Noise trading, Retail investors

10.

Inflation Bets on the Long Bond

Review of Financial Studies, Volume 30, Issue 3, 1 March 2017
Number of pages: 85 Posted: 14 Jul 2014 Last Revised: 06 May 2018
Harrison G. Hong, David Alexandre Sraer and Jialin Yu
Columbia University, Graduate School of Arts and Sciences, Department of Economics, University of California, Berkeley and Hong Kong University of Science & Technology (HKUST) - Department of Finance
Downloads 509 (63,148)
Citation 2

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Bond Prices, Term Structure of Interest Rates, Shorting Frictions, Lending Fees, Speculation, Disagreement

11.

The Risk-Shifting Hypothesis: Evidence from Subprime Originations.

AFA 2012 Chicago Meetings Paper
Number of pages: 48 Posted: 17 Mar 2011 Last Revised: 03 Jun 2015
Augustin Landier, David Alexandre Sraer and David Thesmar
HEC, University of California, Berkeley and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 509 (63,148)
Citation 4

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Risk Shifting, Subprime Mortgages, Monetary Tightening, Real Estate Risk

12.
Downloads 425 ( 77,386)
Citation 7

Banking Integration and House Price Comovement

HEC Paris Research Paper No. FIN-2013-1023
Number of pages: 57 Posted: 30 Oct 2013 Last Revised: 24 Nov 2017
Augustin Landier, David Alexandre Sraer and David Thesmar
HEC, University of California, Berkeley and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 425 (78,006)
Citation 7

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Banks; House price comovement; Financial Integration

Banking Integration and House Price Comovement

CEPR Discussion Paper No. DP9754
Number of pages: 54 Posted: 25 Nov 2013
Augustin Landier, David Alexandre Sraer and David Thesmar
HEC, University of California, Berkeley and Massachusetts Institute of Technology (MIT) - Sloan School of Management
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comovement, financial integration, house prices

Banking Integration and House Price Comovement

CEPR Discussion Paper No. DP10295
Posted: 23 Jan 2015
Augustin Landier, David Alexandre Sraer and David Thesmar
HEC, University of California, Berkeley and Massachusetts Institute of Technology (MIT) - Sloan School of Management
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banking deregulation, comovement, real estate

A Sufficient Statistics Approach for Aggregating Firm-Level Experiments

Number of pages: 92 Posted: 12 Jan 2018 Last Revised: 24 Apr 2019
David Alexandre Sraer and David Thesmar
University of California, Berkeley and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 414 (80,440)

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firm-level experriments; aggregation; misallocation; distorsions

A Sufficient Statistics Approach for Aggregating Firm-Level Experiments

NBER Working Paper No. w24208
Number of pages: 38 Posted: 17 Jan 2018
David Alexandre Sraer and David Thesmar
University of California, Berkeley and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 10 (688,911)

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A Sufficient Statistics Approach for Aggregating Firm-Level Experiments

CEPR Discussion Paper No. DP12592
Number of pages: 40 Posted: 16 Jan 2018
David Alexandre Sraer and David Thesmar
University of California, Berkeley and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 1 (771,483)
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14.
Downloads 123 ( 84,937)
Citation 14

Bottom-Up Corporate Governance

NYU Working Paper No. CLB-06-007
Number of pages: 48 Posted: 31 Oct 2008
Augustin Landier, David Alexandre Sraer and David Thesmar
HEC, University of California, Berkeley and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 97 (310,816)

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Bottom-Up Corporate Governance

CEPR Discussion Paper No. 5500
Number of pages: 52 Posted: 23 May 2006
Augustin Landier, David Alexandre Sraer and David Thesmar
HEC, University of California, Berkeley and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 26 (570,189)
Citation 6
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Corporate governance, corporate performance, acquisition, executives

15.
Downloads 336 (103,172)
Citation 15

Are Retail Traders Compensated for Providing Liquidity?

Journal of Financial Economics (JFE), Forthcoming
Number of pages: 48 Posted: 23 Jun 2014 Last Revised: 14 Oct 2015
Jean-Noel Barrot, Ron Kaniel and David Alexandre Sraer
HEC Paris, University of Rochester - Simon Business School and University of California, Berkeley
Downloads 336 (102,484)
Citation 4

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retail investor behavior, return predictability, liquidity provision

Are Retail Traders Compensated for Providing Liquidity?

CEPR Discussion Paper No. DP10285
Number of pages: 57 Posted: 08 Dec 2014
Jean-Noel Barrot, Ron Kaniel and David Alexandre Sraer
HEC Paris, University of Rochester - Simon Business School and University of California, Berkeley
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financial crisis, individual investor, liquidity, retail investor

Are Retail Traders Compensated for Providing Liquidity?

CEPR Discussion Paper No. DP10820
Number of pages: 49 Posted: 16 Sep 2015
Jean-Noel Barrot, Ron Kaniel and David Alexandre Sraer
HEC Paris, University of Rochester - Simon Business School and University of California, Berkeley
Downloads 0
Citation 4
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crisis, liquidity, retail investors

The Collateral Channel: How Real Estate Shocks Affect Corporate Investment

Number of pages: 34 Posted: 24 Jan 2011 Last Revised: 13 Mar 2013
Thomas Chaney, David Alexandre Sraer and David Thesmar
SciencesPo - Sciences Po - Department of Economics, University of California, Berkeley and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 210 (166,357)
Citation 115

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Corporate investment, Real estate, Collateral

The Collateral Channel: How Real Estate Shocks Affect Corporate Investment

NBER Working Paper No. w16060
Number of pages: 30 Posted: 07 Jun 2010
Thomas Chaney, David Alexandre Sraer and David Thesmar
SciencesPo - Sciences Po - Department of Economics, University of California, Berkeley and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 60 (411,709)

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17.
Downloads 235 (149,762)
Citation 12

The Banking View of Bond Risk Premia

Journal of Finance, Forthcoming
Number of pages: 79 Posted: 02 Nov 2018 Last Revised: 07 Oct 2019
Valentin Haddad and David Alexandre Sraer
University of California, Los Angeles (UCLA) - Anderson School of Management and University of California, Berkeley
Downloads 226 (155,028)
Citation 6

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The Banking View of Bond Risk Premia

NBER Working Paper No. w26369
Number of pages: 80 Posted: 14 Oct 2019
Valentin Haddad and David Alexandre Sraer
University of California, Los Angeles (UCLA) - Anderson School of Management and University of California, Berkeley
Downloads 9 (696,866)
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The Banking View of Bond Risk Premia

CEPR Discussion Paper No. DP14207
Number of pages: 82 Posted: 14 Jan 2020
Valentin Haddad and David Alexandre Sraer
University of California, Los Angeles (UCLA) - Anderson School of Management and University of California, Berkeley
Downloads 0
Citation 6
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18.

Response to Welch (2020): Real Estate Collateral Does Affect Corporate Investment

Number of pages: 21 Posted: 08 Jun 2020
Thomas Chaney, David Alexandre Sraer and David Thesmar
SciencesPo - Sciences Po - Department of Economics, University of California, Berkeley and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 226 (155,456)

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Corporate Investment, Collateral Channel

A Quantitative Analysis of Distortions in Managerial Forecasts

Number of pages: 58 Posted: 14 Jun 2018 Last Revised: 21 Sep 2020
Yueran Ma, Tiziano Ropele, David Alexandre Sraer and David Thesmar
University of Chicago - Booth School of Business, Bank of Italy, University of California, Berkeley and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 156 (218,279)

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Expectation Formation; Misallocation; Corporate Investment

A Quantitative Analysis of Distortions in Managerial Forecasts

Bank of Italy Temi di Discussione (Working Paper) No. 1305
Number of pages: 68 Posted: 10 Dec 2020
Tiziano Ropele, Yueran Ma, David Alexandre Sraer and David Thesmar
Bank of Italy, University of Chicago - Booth School of Business, University of California, Berkeley and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 34 (522,617)

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expectation formation, misallocation, corporate investment

A Quantitative Analysis of Distortions in Managerial Forecasts

NBER Working Paper No. w26830
Number of pages: 54 Posted: 09 Mar 2020
Yueran Ma, Tiziano Ropele, David Alexandre Sraer and David Thesmar
University of Chicago - Booth School of Business, Bank of Italy, University of California, Berkeley and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 3 (746,020)
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20.

Optimal Dissent in Organizations

Number of pages: 34 Posted: 18 Nov 2005
Augustin Landier, David Alexandre Sraer and David Thesmar
HEC, University of California, Berkeley and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 163 (208,898)
Citation 24

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Organization Design, Corporate Governance, Authority

Banks&Apos; Exposure to Interest Rate Risk and the Transmission of Monetary Policy

NBER Working Paper No. w18857
Number of pages: 40 Posted: 01 Mar 2013
Augustin Landier, David Alexandre Sraer and David Thesmar
HEC, University of California, Berkeley and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 29 (551,086)
Citation 2

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Banks Exposure to Interest Rate Risk and the Transmission of Monetary Policy

CEPR Discussion Paper No. DP10300
Number of pages: 43 Posted: 23 Jan 2015
Augustin Landier, David Alexandre Sraer and David Thesmar
HEC, University of California, Berkeley and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 1 (771,483)
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bank lending, interest rate risk, monetary policy

Can Unemployment Insurance Spur Entrepreneurial Activity?

NBER Working Paper No. w20717
Number of pages: 70 Posted: 01 Dec 2014 Last Revised: 16 Dec 2014
Johan Hombert, Antoinette Schoar, David Alexandre Sraer and David Thesmar
HEC Paris - Finance Department, Massachusetts Institute of Technology (MIT) - Sloan School of Management, University of California, Berkeley and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 17 (634,396)

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Can Unemployment Insurance Spur Entrepreneurial Activity?

CEPR Discussion Paper No. DP10294
Number of pages: 71 Posted: 23 Jan 2015
Johan Hombert, Antoinette Schoar, David Alexandre Sraer and David Thesmar
HEC Paris - Finance Department, Massachusetts Institute of Technology (MIT) - Sloan School of Management, University of California, Berkeley and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 1 (771,483)
Citation 7
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Crowding out, Entrepreneurship, Unemployment