Matthew Gustafson

Pennsylvania State University - Smeal College of Business

East Park Avenue

University Park, PA 16802

United States

  • Pennsylvania State University - Smeal College of Business

SCHOLARLY PAPERS

27

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16,083

SSRN CITATIONS
Rank 7,052

SSRN RANKINGS

Top 7,052

in Total Papers Citations

150

CROSSREF CITATIONS

35

Scholarly Papers (27)

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1.

Disaster on the Horizon: The Price Effect of Sea Level Rise

Journal of Financial Economics (JFE), Forthcoming
Number of pages: 64 Posted: 21 Nov 2017 Last Revised: 26 Jul 2018
Asaf Bernstein, Matthew Gustafson and Ryan Lewis
University of Colorado at Boulder, Pennsylvania State University - Smeal College of Business and University of Colorado, Boulder
Downloads 3,944 (3,695)
Citation 89

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Climate Change, Asset Prices, Beliefs, Sea Level Rise, Real Estate

2.

Weathering Cash Flow Shocks

Journal of Finance, Forthcoming
Number of pages: 68 Posted: 05 May 2017 Last Revised: 16 Oct 2020
James R. Brown, Matthew Gustafson and Ivan Ivanov
Iowa State University - Department of Finance, Pennsylvania State University - Smeal College of Business and Board of Governors of the Federal Reserve System
Downloads 1,399 (19,661)
Citation 11

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3.

Bank Monitoring: Evidence from Syndicated Loans

Journal of Financial Economics (JFE), Forthcoming
Number of pages: 75 Posted: 30 Aug 2016 Last Revised: 20 Nov 2020
Matthew Gustafson, Ivan Ivanov and Ralf Meisenzahl
Pennsylvania State University - Smeal College of Business, Board of Governors of the Federal Reserve System and Federal Reserve Bank of Chicago
Downloads 1,352 (20,678)
Citation 25

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Bank Lending, Bank Monitoring, Syndicated Loans

4.

Sea Level Rise Exposure and Municipal Bond Yields

Jacobs Levy Equity Management Center for Quantitative Financial Research Paper
Number of pages: 53 Posted: 11 Nov 2019 Last Revised: 06 Oct 2021
Paul S. Goldsmith-Pinkham, Matthew Gustafson, Ryan Lewis and Michael Schwert
Yale School of Management, Pennsylvania State University - Smeal College of Business, University of Colorado, Boulder and University of Pennsylvania - The Wharton School
Downloads 1,276 (22,595)
Citation 17

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climate change, sea level rise, asset prices, municipal bonds, credit risk

5.

The JOBS Act and IPO Volume: Evidence that Disclosure Costs Affect the IPO Decision

Journal of Financial Economics (JFE), Vol. 116, p. 121-143, 2015
Number of pages: 51 Posted: 28 Jun 2014 Last Revised: 23 Nov 2016
Michael Dambra, Laura Casares Field and Matthew Gustafson
SUNY at Buffalo - School of Management, University of Delaware - Alfred Lerner College of Business and Economics and Pennsylvania State University - Smeal College of Business
Downloads 1,107 (27,830)
Citation 19

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JOBS Act, Initial Public Offering, disclosure, proprietary costs, pre-IPO marketing

6.

Higher Minimum Wages Reduce Capital Expenditures

Number of pages: 45 Posted: 10 Feb 2017 Last Revised: 31 May 2022
Matthew Gustafson and Jason D. Kotter
Pennsylvania State University - Smeal College of Business and Brigham Young University - Department of Finance
Downloads 862 (39,630)
Citation 10

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minimum wage, investment, capital expenditures

7.

The Consequences to Analyst Involvement in the IPO Process: Evidence Surrounding the JOBS Act

Journal of Accounting & Economics (JAE), Forthcoming
Number of pages: 75 Posted: 25 Nov 2014 Last Revised: 10 Jan 2018
Michael Dambra, Laura Casares Field, Matthew Gustafson and Kevin Pisciotta
SUNY at Buffalo - School of Management, University of Delaware - Alfred Lerner College of Business and Economics, Pennsylvania State University - Smeal College of Business and University of Kansas - School of Business
Downloads 690 (53,343)
Citation 9

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Equity Analyst Research; Conflicts of Interest; JOBS Act; IPOs

8.

Price Pressure and Overnight Seasoned Equity Offerings

Journal of Financial and Quantitative Analysis (JFQA), Forthcoming, AFA 2013 San Diego Meetings Paper
Number of pages: 56 Posted: 17 Oct 2011 Last Revised: 04 Oct 2017
Matthew Gustafson
Pennsylvania State University - Smeal College of Business
Downloads 632 (59,700)
Citation 4

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Overnight Seasoned Equity Offering, Price pressure, SEO Discount, Accelerated SEO

9.

Initial Public Offerings and the Local Economy

Downloads 524 ( 75,626)

Initial Public Offerings and the Local Economy

Number of pages: 46 Posted: 14 Sep 2017 Last Revised: 27 Jul 2022
Jess Cornaggia, Matthew Gustafson, Jason D. Kotter and Kevin Pisciotta
Pennsylvania State University - Department of Finance, Pennsylvania State University - Smeal College of Business, Brigham Young University - Department of Finance and University of Kansas - School of Business
Downloads 516 (76,306)

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IPO, Economic Growth

Initial Public Offerings and the Local Economy

Number of pages: 45 Posted: 27 May 2022
Jess Cornaggia, Matthew Gustafson, Jason D. Kotter and Kevin Pisciotta
Pennsylvania State University - Department of Finance, Pennsylvania State University - Smeal College of Business, Brigham Young University - Department of Finance and University of Kansas - School of Business
Downloads 8 (840,400)

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Local Agglomerations, Employment Growth, Initial Public Offerings, Firm Ownership

10.

The Effects of Removing Barriers to Equity Issuance

Journal of Financial Economics (JFE), Forthcoming
Number of pages: 49 Posted: 15 Jan 2015 Last Revised: 23 Jul 2016
Matthew Gustafson and Peter Iliev
Pennsylvania State University - Smeal College of Business and Pennsylvania State University - Department of Finance
Downloads 499 (80,349)
Citation 12

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Seasoned Equity Offerings, PIPEs, Accelerated SEO, Issuance Costs, Shelf Registrations

11.

The Breadth of IPO Marketing

Number of pages: 62 Posted: 22 Apr 2021 Last Revised: 19 Jul 2022
Matthew Gustafson, Joseph J. Henry, Emily Kim and Kevin Pisciotta
Pennsylvania State University - Smeal College of Business, Rowan University - Accounting & Finance, University of Kansas - School of Business and University of Kansas - School of Business
Downloads 383 (109,453)

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Bookbuilding; IPO Marketing; Initial Public Offerings; Information Dissemination

12.

Financial Condition and Product Market Cooperation

Downloads 377 (111,385)

Financial Condition and Product Market Cooperation

Journal of Corporate Finance, Vol. 31, p. 1-16, 2015
Number of pages: 40 Posted: 19 Mar 2011 Last Revised: 23 Nov 2016
Matthew Gustafson, Ivan Ivanov and John Ritter
Pennsylvania State University - Smeal College of Business, Board of Governors of the Federal Reserve System and Securities and Exchange Commission (SEC)
Downloads 357 (117,573)

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Short-term Liquidity, Financial Distress, Tacit Collusion, Capacity Constraints, Airfare Price Hikes

Financial Condition and Product Market Cooperation

FEDS Working Paper No. 2014-63
Number of pages: 40 Posted: 31 May 2017
Matthew Gustafson, Ivan Ivanov and John Ritter
Pennsylvania State University - Smeal College of Business, Board of Governors of the Federal Reserve System and Securities and Exchange Commission (SEC)
Downloads 20 (724,142)

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Financial distress, product market cooperation, liquidity

13.

Firing Frictions and the U.S. Mergers and Acquisitions Market

Number of pages: 38 Posted: 16 Mar 2016 Last Revised: 04 Oct 2017
Adam Welker, Robert Chatt and Matthew Gustafson
Tulane Universty, A.B. Freeman School of Business, Pennsylvania State University and Pennsylvania State University - Smeal College of Business
Downloads 358 (118,030)
Citation 1

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Mergers and Acquisitions, Firing Costs, Wrongful Discharge Laws

14.

Do the Burdens to Being Public Affect the Investment and Innovation of Newly Public Firms?

Number of pages: 50 Posted: 04 Oct 2017 Last Revised: 05 Jul 2019
Michael Dambra and Matthew Gustafson
SUNY at Buffalo - School of Management and Pennsylvania State University - Smeal College of Business
Downloads 327 (130,241)
Citation 1

Abstract:

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JOBS Act, Investment, IPO, Disclosure, Sarbanes-Oxley

15.

When Bankers Go to Hail: Insights into Fed-Bank Interactions from Taxi Data

Number of pages: 72 Posted: 15 Mar 2018 Last Revised: 09 May 2022
Daniel Bradley, David Andrew Finer, Matthew Gustafson and Jared Williams
University of South Florida, Hum Capital, Pennsylvania State University - Smeal College of Business and University of South Florida
Downloads 319 (133,555)
Citation 1

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The Federal Reserve, FOMC, Monetary policy; NY Fed, Taxi ridership

16.

Index Membership and Small Firm Financing

Number of pages: 49 Posted: 23 Dec 2015 Last Revised: 26 Oct 2020
Charles Cao, Matthew Gustafson and Raisa Velthuis
Pennsylvania State University, Pennsylvania State University - Smeal College of Business and Villanova University - Department of Finance
Downloads 245 (174,689)
Citation 3

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Bank Borrowing, Seasoned Equity Offering, Regression Discontinuity, Index Membership, Russell 2000 Index

17.

Tax-Advantaged Trust Use Among IPO Executives: Determinants and Implications for Valuation and Future Performance

The Accounting Review, Forthcoming
Number of pages: 52 Posted: 03 Jul 2016 Last Revised: 12 Sep 2019
Michael Dambra, Matthew Gustafson and Phillip J. Quinn
SUNY at Buffalo - School of Management, Pennsylvania State University - Smeal College of Business and University of Washington Foster School of Business
Downloads 243 (176,010)

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Tax-advantaged trusts, CEO private information, taxes, initial public offering, post-IPO performance

18.

What is the Effect of an Additional Dollar of IPO Proceeds?

Number of pages: 62 Posted: 30 Apr 2017 Last Revised: 24 Oct 2020
Michael Dambra, Matthew Gustafson and Kevin Pisciotta
SUNY at Buffalo - School of Management, Pennsylvania State University - Smeal College of Business and University of Kansas - School of Business
Downloads 222 (191,883)

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Initial Public Offering, Monitoring, Institutional Ownership, Analyst Coverage

19.

Inter-Market Competition and Bank Loan Spreads: Evidence from The Securities Offering Reform

Journal of Banking and Finance, Forthcoming, 24th Australasian Finance and Banking Conference 2011 Paper
Number of pages: 37 Posted: 23 Aug 2011 Last Revised: 03 Aug 2018
Matthew Gustafson
Pennsylvania State University - Smeal College of Business
Downloads 216 (196,929)
Citation 1

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Bank Loans, Bank Competition, Banking Relationships, Public Debt Market, Shelf Registrations

20.

The Market Sensitivity of Retirement and Defined Contribution Pensions: Evidence from the Public Sector

Journal of Public Economics, Vol. 145, p. 1-13, 2017
Number of pages: 47 Posted: 12 Jun 2012 Last Revised: 23 Nov 2016
Matthew Gustafson
Pennsylvania State University - Smeal College of Business
Downloads 162 (253,490)
Citation 1

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Defined Contribution Pensions, Retirement, Stock Market Returns, Federal Employees

21.

Government Spending and Local Demographics: Evidence from Moody's Municipal Ratings Recalibration

Number of pages: 43 Posted: 17 Aug 2019
Jess Cornaggia, Matthew Gustafson, Ryan D. Israelsen and Zihan Ye
Pennsylvania State University - Department of Finance, Pennsylvania State University - Smeal College of Business, Michigan State University - Department of Finance and University of Nevada, Las Vegas
Downloads 157 (260,227)

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Credit ratings, Income inequality, Income distribution, Migration, Municipal finance

22.

COVID-Induced Migration and Municipal Bonds

Georgia Tech Scheller College of Business Research Paper No. 4029984
Number of pages: 52 Posted: 09 Feb 2022
Matthew Gustafson, Peter H. Haslag, Daniel Weagley and Zihan Ye
Pennsylvania State University - Smeal College of Business, Vanderbilt University - Finance, Georgia Institute of Technology - Scheller College of Business and University of Nevada, Las Vegas
Downloads 150 (275,814)

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Municipal Bonds, COVID-19, Migration

23.

Partisan Residential Sorting on Climate Change Risk

Downloads 145 (277,338)

Partisan Residential Sorting on Climate Change Risk

Number of pages: 71 Posted: 11 Dec 2020 Last Revised: 26 Oct 2021
Asaf Bernstein, Stephen B. Billings, Matthew Gustafson and Ryan Lewis
University of Colorado at Boulder, University of Colorado - Boulder, Pennsylvania State University - Smeal College of Business and University of Colorado, Boulder
Downloads 129 (304,722)

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residential sorting, climate change, sea level rise, real estate, politics

Partisan Residential Sorting on Climate Change Risk

NBER Working Paper No. w27989
Number of pages: 72 Posted: 27 Oct 2020 Last Revised: 24 Jun 2022
Asaf Bernstein, Stephen B. Billings, Matthew Gustafson and Ryan Lewis
University of Colorado at Boulder, University of Colorado - Boulder, Pennsylvania State University - Smeal College of Business and University of Colorado, Boulder
Downloads 16 (759,677)

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24.

New Evidence on Glass-Steagall and Its Impact on Future Legislation

Number of pages: 41 Posted: 02 Jun 2011 Last Revised: 26 Nov 2013
Matthew Gustafson
Pennsylvania State University - Smeal College of Business
Downloads 138 (288,241)

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Commercial Bank Underwriting, Dodd-Frank Act, Glass-Steagall Act, Public Debt Market, Shelf Registration, Underwriter Certification, Underwriter Competition

25.

Judicial Ideology and Business Dynamics

Number of pages: 59 Posted: 10 Apr 2020 Last Revised: 15 Nov 2021
Mehmet Canayaz and Matthew Gustafson
Pennsylvania State University - Smeal College of Business and Pennsylvania State University - Smeal College of Business
Downloads 129 (303,452)
Citation 2

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Judicial Ideology, Firm Entry and Exit

26.

Environmental Policy Mitigates Temperature Shock Risks

Number of pages: 61 Posted: 08 Nov 2021 Last Revised: 21 Jul 2022
Dimitrios Gounopoulos, Matthew Gustafson and Tam Nguyen
University of Bath, Pennsylvania State University - Smeal College of Business and University of Bath
Downloads 124 (312,444)

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temperature shocks, climate change, quality of life, state regulations, environmental policy

27.

Does Being Private Constrain Geographic Expansion?

Number of pages: 83 Posted: 19 Jan 2021 Last Revised: 21 Dec 2021
Jess Cornaggia, Matthew Gustafson, Jason D. Kotter and Kevin Pisciotta
Pennsylvania State University - Department of Finance, Pennsylvania State University - Smeal College of Business, Brigham Young University - Department of Finance and University of Kansas - School of Business
Downloads 103 (355,319)
Citation 1

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Initial Public Offerings, M&A, Geographic Expansion, US Census