Steven A. Sharpe

Federal Reserve Board - Research & Statistics

Economist

20th & C. St., N.W.

Washington, DC 20551

United States

SCHOLARLY PAPERS

24

DOWNLOADS
Rank 4,724

SSRN RANKINGS

Top 4,724

in Total Papers Downloads

7,297

CITATIONS
Rank 3,625

SSRN RANKINGS

Top 3,625

in Total Papers Citations

150

Scholarly Papers (24)

1.

Stock Prices, Expected Returns, and Inflation

FEDS Working Paper No. 99-2
Number of pages: 46 Posted: 17 Apr 1999
Steven A. Sharpe
Federal Reserve Board - Research & Statistics
Downloads 1,562 (7,797)
Citation 8

Abstract:

2.

Did Pension Plan Accounting Contribute to a Stock Market Bubble?

FEDS Working Paper No. 2003-38
Number of pages: 46 Posted: 02 Oct 2003
Julia Lynn Coronado and Steven A. Sharpe
Federal Reserve Board - Division of Research and Statistics and Federal Reserve Board - Research & Statistics
Downloads 767 (24,517)
Citation 37

Abstract:

Pension, accounting, firm valuation, bubble, stock market

3.

Share Repurchases and Employee Stock Options and their Implications for S&P 500 Share Retirements and Expected Returns

Board of Governors of the Federal Reserve System Finance and Economics Working Paper No. 99-59
Number of pages: 20 Posted: 01 Mar 2000
Nellie Liang and Steven A. Sharpe
Federal Reserve Board and Federal Reserve Board - Research & Statistics
Downloads 687 (27,813)
Citation 19

Abstract:

Share repurchases, stock options, expected returns

4.

Reexamining Stock Valuation and Inflation: The Implications of Analysts' Earnings Forecasts

FEDS Discussion Paper No. 2001-32
Number of pages: 44 Posted: 15 Aug 2001
Steven A. Sharpe
Federal Reserve Board - Research & Statistics
Downloads 623 (33,472)
Citation 26

Abstract:

Inflation; Stock returns; Equity premium; Price-earnings ratio

5.

How Did the 2003 Dividend Tax Cut Affect Stock Prices and Corporate Payout Policy?

FEDs Working Paper No. 2005-57
Number of pages: 28 Posted: 05 Jan 2006
Gene Amromin, Paul Harrison, Nellie Liang and Steven A. Sharpe
Federal Reserve Bank of Chicago, Federal Reserve Board - Division of Research & Statistics, Federal Reserve Board and Federal Reserve Board - Research & Statistics
Downloads 593 (35,380)
Citation 2

Abstract:

Dividends, capital taxation, share repurchases, executive compensation

6.

How Does the Market Interpret Analysts' Long-Term Growth Forecasts?

FEDS Working Paper No. 2002-07
Number of pages: 25 Posted: 11 Feb 2002
Steven A. Sharpe
Federal Reserve Board - Research & Statistics
Downloads 433 (53,307)
Citation 6

Abstract:

Stock returns, Equity premium, Price-earnings ratio, Earnings growth

7.

Do Nonfinancial Firms Use Interest Rate Derivatives to Hedge?

Finance and Economics Discussion Series Paper No. 2005-39
Number of pages: 28 Posted: 26 Oct 2005
Daniel M. Covitz and Steven A. Sharpe
Federal Reserve Board - Division of Research & Statistics and Federal Reserve Board - Research & Statistics
Downloads 355 (65,280)
Citation 1

Abstract:

Derivatives, risk management, debt maturity

Footnotes Aren't Enough: The Impact of Pension Accounting on Stock Values

FEDS Working Paper No. 2008-04
Number of pages: 28 Posted: 15 Jan 2009
University of Pennsylvania - The Wharton School, Federal Reserve Board - Research & Statistics, University of Pennsylvania - The Wharton School and Barclays Capital
Downloads 282 (89,265)
Citation 12

Abstract:

Pension assets, pension accounting, value-relevance, FAS 87

Footnotes Aren't Enough: The Impact of Pension Accounting on Stock Values

NBER Working Paper No. w13726
Number of pages: 27 Posted: 11 Jan 2008
Barclays Capital, University of Pennsylvania - The Wharton School, Federal Reserve Board - Research & Statistics and University of Pennsylvania - The Wharton School
Downloads 64 (297,495)
Citation 12

Abstract:

9.

Expectations of Risk and Return Among Household Investors: Are Their Sharpe Ratios Countercyclical?

Number of pages: 43 Posted: 15 Jan 2009 Last Revised: 10 May 2009
Gene Amromin and Steven A. Sharpe
Federal Reserve Bank of Chicago and Federal Reserve Board - Research & Statistics
Downloads 308 (65,280)
Citation 4

Abstract:

Equity premium, investor survey, investor expectations, time-varying expected returns

10.
Downloads 289 ( 87,355)
Citation 17

How Did the 2003 Dividend Tax Cut Affect Stock Prices?

Finance and Economics Discussion Paper No. 2005-61
Number of pages: 33 Posted: 09 Jan 2006
Gene Amromin, Paul Harrison and Steven A. Sharpe
Federal Reserve Bank of Chicago, Federal Reserve Board - Division of Research & Statistics and Federal Reserve Board - Research & Statistics
Downloads 150 (165,086)
Citation 17

Abstract:

Dividends, capital taxation

How Did the 2003 Dividend Tax Cut Affect Stock Prices?

FRB of Chicago Working Paper No. 2006-17
Number of pages: 41 Posted: 11 Dec 2006
Gene Amromin, Steven A. Sharpe and Paul Harrison
Federal Reserve Bank of Chicago, Federal Reserve Board - Research & Statistics and Barclays Global Investors (BGI)
Downloads 139 (175,916)
Citation 17

Abstract:

dividends, capital taxation

11.

Getting Bad News Out Early: Does it Really Help Stock Prices?

FEDS Research Paper
Number of pages: 42 Posted: 13 Jan 2004
Chris Downing and Steven A. Sharpe
BlackRock and Federal Reserve Board - Research & Statistics
Downloads 249 (99,180)

Abstract:

Analyst forecasts, earnings management, expectations management

12.

From the Horse's Mouth: Gauging Conditional Expected Stock Returns from Investor Survey

AFA 2006 Boston Meetings Paper
Number of pages: 47 Posted: 25 Mar 2005
Gene Amromin and Steven A. Sharpe
Federal Reserve Bank of Chicago and Federal Reserve Board - Research & Statistics
Downloads 200 (121,165)
Citation 5

Abstract:

expected returns, investor surveys

13.

From the Horse's Mouth: How Do Investor Expectations of Risk and Return Vary with Economic Conditions?

FRB of Chicago Working Paper No. 2012-08
Number of pages: 40 Posted: 02 Dec 2012
Gene Amromin and Steven A. Sharpe
Federal Reserve Bank of Chicago and Federal Reserve Board - Research & Statistics
Downloads 178 (131,093)

Abstract:

expected returns, household investors, economic conditions

14.

The Insensitivity of Investment to Interest Rates: Evidence from a Survey of Cfos

FEDS Working Paper No. 2014-2
Number of pages: 49 Posted: 31 May 2017
Steven A. Sharpe and Gustavo Suarez
Federal Reserve Board - Research & Statistics and Board of Governors of the Federal Reserve System
Downloads 137 (177,502)

Abstract:

Investment, interest rates, hurdle rates

15.

From the Horse's Mouth: Gauging Conditional Expected Stock Returns from Investor Surveys

EFA 2005 Moscow Meetings Paper
Number of pages: 47 Posted: 26 Feb 2005
Gene Amromin and Steven A. Sharpe
Federal Reserve Bank of Chicago and Federal Reserve Board - Research & Statistics
Downloads 70 (267,327)
Citation 5

Abstract:

Leverage as a State Variable for Employment, Inventory Accumulation, Andfixed Investment

NBER Working Paper No. w4800
Number of pages: 36 Posted: 29 Dec 2003 Last Revised: 17 Aug 2010
Columbia University - Columbia Business School, Massachusetts Institute of Technology (MIT) - Sloan School of Management and Federal Reserve Board - Research & Statistics
Downloads 33 (397,700)
Citation 9

Abstract:

Leverage as a State Variable for Employment, Inventory Accumulation, and Fixed Investment

Posted: 20 Dec 1998
Columbia University - Columbia Business School, Massachusetts Institute of Technology (MIT) - Sloan School of Management and Federal Reserve Board - Research & Statistics

Abstract:

17.

Hostile Takeovers and Expropriation of Extramarginal Wages: A Test

NBER Working Paper No. w4101
Number of pages: 55 Posted: 15 Jan 2007 Last Revised: 17 Sep 2010
David Neumark and Steven A. Sharpe
University of California, Irvine - Department of Economics and Federal Reserve Board - Research & Statistics
Downloads 20 (428,820)

Abstract:

18.

Crowding Out Effects of Refinancing on New Purchase Mortgages

FEDS Working Paper No. 2015-017, http://dx.doi.org/10.17016/FEDS.2015.017
Number of pages: 46 Posted: 21 Apr 2015
Steven A. Sharpe and Shane M. Sherlund
Federal Reserve Board - Research & Statistics and Federal Reserve Board of Governors
Downloads 11 (496,376)

Abstract:

Mortgages and credit, capacity constraint, refinancing

19.

Why Isn't Investment More Sensitive to Interest Rates: Evidence from Surveys

Number of pages: 48 Posted: 01 Oct 2015
Steven A. Sharpe and Gustavo Suarez
Federal Reserve Board - Research & Statistics and Board of Governors of the Federal Reserve System
Downloads 0 (217,244)

Abstract:

Investment, interest rates, hurdle rates

20.

Optimal Bank Portfolios and the Credit Crunch

Posted: 10 Sep 1999
S. Wayne Passmore and Steven A. Sharpe
Board of Governors of the Federal Reserve - Household and Real Estate Finance Section and Federal Reserve Board - Research & Statistics

Abstract:

21.

Capital Market Imperfections and the Incentive to Lease

Posted: 03 Aug 1999
Steven A. Sharpe and Hien H. Nguyen
Federal Reserve Board - Research & Statistics and affiliation not provided to SSRN

Abstract:

22.

Bank Capitalization, Regulation, and the Credit Crunch: A Critical Review of the Research Findings

Posted: 25 Aug 1998
Steven A. Sharpe
Federal Reserve Board - Research & Statistics

Abstract:

Does Corporate Lending By Banks and Finance Companies Differ? Evidence on Specialization in Private Debt Contracting

Board of Governors of the Federal Reserve System Finance and Economics DiscussionSeries FEDS Paper Number 96-25
Posted: 30 Apr 1998
Mitch Post, Steven A. Sharpe and Mark Carey
Board of Governors of the Federal Reserve System, Federal Reserve Board - Research & Statistics and Board of Governors of the Federal Reserve - Division of International Finance (IFDP) - International Banking Section

Abstract:

Does Corporate Lending by Banks and Finance Companies Differ? Evidence on Specialization in Private Debt Contracting

Journal of Finance, Vol. 53 No. 3, June 1998
Posted: 10 Aug 1998
Mitch Post, Steven A. Sharpe and Mark Carey
Board of Governors of the Federal Reserve System, Federal Reserve Board - Research & Statistics and Board of Governors of the Federal Reserve - Division of International Finance (IFDP) - International Banking Section

Abstract:

24.

Debt Maturity and the Use of Interest Rate Derivatives by Nonfinancial Firms

Finance and Economics Discussion Series FEDS Paper #96-36
Posted: 31 Oct 1996
George W. Fenn, Mitch Post and Steven A. Sharpe
Cambridge Finance Partners, Board of Governors of the Federal Reserve System and Federal Reserve Board - Research & Statistics

Abstract: