Tano Santos

Columbia Business School

David L. and Elsie M. Dodd Professor of Finance

3022 Broadway - Uris Hall

Room 815

New York, NY 10027

United States

National Bureau of Economic Research (NBER)

1050 Massachusetts Avenue

Cambridge, MA 02138

United States

SCHOLARLY PAPERS

25

DOWNLOADS
Rank 6,532

SSRN RANKINGS

Top 6,532

in Total Papers Downloads

12,575

SSRN CITATIONS
Rank 749

SSRN RANKINGS

Top 749

in Total Papers Citations

1,076

CROSSREF CITATIONS

942

Scholarly Papers (25)

1.
Downloads 3,900 ( 5,343)
Citation 491

Prospect Theory and Asset Prices

Number of pages: 50 Posted: 22 Jul 1999
National Bureau of Economic Research (NBER)Yale School of Management, Cornell University - Samuel Curtis Johnson Graduate School of Management and Columbia Business School
Downloads 3,638 (5,919)
Citation 20

Abstract:

Loading...

Prospect Theory and Asset Prices

NBER Working Paper No. w7220
Number of pages: 50 Posted: 30 Apr 2000 Last Revised: 25 Sep 2022
National Bureau of Economic Research (NBER)Yale School of Management, Cornell University - Samuel Curtis Johnson Graduate School of Management and Columbia Business School
Downloads 262 (219,928)
Citation 138

Abstract:

Loading...

2.
Downloads 1,893 (17,027)
Citation 74

The Cross-Section of Risk and Return

Columbia Business School Research Paper No. 18-4, 2019
Number of pages: 68 Posted: 06 Dec 2017 Last Revised: 06 Nov 2019
Columbia University - Columbia Business School, Finance, Massachusetts Institute of Technology (MIT) - Sloan School of Management, University of Amsterdam - Finance Group and Columbia Business School
Downloads 1,799 (18,121)
Citation 36

Abstract:

Loading...

Factor Models, Unpriced Risk, Characteristics, Covariances

The Cross-Section of Risk and Return

NBER Working Paper No. w24164
Number of pages: 69 Posted: 03 Jan 2018 Last Revised: 12 Jul 2023
Columbia University - Columbia Business School, Finance, Massachusetts Institute of Technology (MIT) - Sloan School of Management, University of Amsterdam - Finance Group and Columbia Business School
Downloads 94 (524,469)
Citation 5

Abstract:

Loading...

3.
Downloads 1,169 (35,108)
Citation 33

Cream Skimming in Financial Markets

Number of pages: 49 Posted: 28 Feb 2011 Last Revised: 25 Jun 2014
Imperial College London, Columbia Business School and Columbia University
Downloads 1,109 (37,279)
Citation 4

Abstract:

Loading...

Cream Skimming in Financial Markets

NBER Working Paper No. w16804
Number of pages: 52 Posted: 28 Feb 2011 Last Revised: 02 Jun 2023
Imperial College London, Columbia Business School and Columbia University
Downloads 60 (682,191)

Abstract:

Loading...

4.
Downloads 721 (68,331)
Citation 108

The Sovereign-Bank Diabolic Loop and Esbies

American Economic Review, Vol. 6, No. 5, May 2016, HEC Paris Research Paper No. FIN-2016-1133, Columbia Business School Research Paper No. 16-12
Number of pages: 14 Posted: 25 Jan 2016 Last Revised: 14 Jun 2016
Princeton University - Department of Economics, Centre for Economic Policy Research (CEPR)IE Business School, Trinity College (Dublin) - Department of Economics, CSEF - University of Naples Federico II - Centre for Studies in Economics and Finance (CSEF), London School of Economics & Political Science (LSE), Columbia Business School, Massachusetts Institute of Technology (MIT) - Sloan School of Management, Columbia University Graduate School of Business and London School of Economics
Downloads 653 (76,685)
Citation 9

Abstract:

Loading...

diabolic loop, sovereign debt crisis, government default, bank default, bailout, ESBies

The Sovereign-Bank Diabolic Loop and Esbies

NBER Working Paper No. w21993
Number of pages: 16 Posted: 15 Feb 2016 Last Revised: 04 Feb 2023
Princeton University - Department of Economics, Centre for Economic Policy Research (CEPR)IE Business School, Trinity College (Dublin) - Department of Economics, CSEF - University of Naples Federico II - Centre for Studies in Economics and Finance (CSEF), London School of Economics & Political Science (LSE), Columbia Business School, Massachusetts Institute of Technology (MIT) - Sloan School of Management, Columbia University Graduate School of Business and London School of Economics
Downloads 68 (638,519)
Citation 45

Abstract:

Loading...

The Time Series of the Cross Section of Asset Prices

Number of pages: 64 Posted: 25 Oct 2002
Lior Menzly, Pietro Veronesi and Tano Santos
University of Chicago - Booth School of Business, University of Chicago - Booth School of Business and Columbia Business School
Downloads 607 (84,041)

Abstract:

Loading...

The Time Series of the Cross Section of Asset Prices

NBER Working Paper No. w9217
Number of pages: 65 Posted: 20 Sep 2002 Last Revised: 10 Mar 2022
Lior Menzly, Pietro Veronesi and Tano Santos
University of Chicago - Booth School of Business, University of Chicago - Booth School of Business and Columbia Business School
Downloads 57 (699,778)

Abstract:

Loading...

6.

Savings Gluts and Financial Fragility

Number of pages: 54 Posted: 08 Mar 2016 Last Revised: 08 Jan 2018
Imperial College London, Columbia Business School and Columbia University
Downloads 654 (77,566)
Citation 14

Abstract:

Loading...

savings glut, cream skimming, incentives for origination, leverage, financial fragility

7.
Downloads 467 (117,658)
Citation 95

Labor Income and Predictable Stock Returns

Number of pages: 59 Posted: 22 Aug 2000
Tano Santos and Pietro Veronesi
Columbia Business School and University of Chicago - Booth School of Business
Downloads 383 (146,677)
Citation 97

Abstract:

Loading...

Labor Income and Predictable Stock Returns

NBER Working Paper No. w8309
Number of pages: 59 Posted: 03 Jun 2001 Last Revised: 16 Sep 2022
Tano Santos and Pietro Veronesi
Columbia Business School and University of Chicago - Booth School of Business
Downloads 84 (564,030)

Abstract:

Loading...

8.

Habit Formation and the Cross Section of Stock Returns

Number of pages: 74 Posted: 15 Dec 2001
Lior Menzly, Pietro Veronesi and Tano Santos
University of Chicago - Booth School of Business, University of Chicago - Booth School of Business and Columbia Business School
Downloads 406 (138,520)
Citation 10

Abstract:

Loading...

9.
Downloads 399 (141,350)
Citation 4

Conditional Betas

Number of pages: 54 Posted: 16 Jan 2005
Tano Santos and Pietro Veronesi
Columbia Business School and University of Chicago - Booth School of Business
Downloads 335 (169,999)
Citation 1

Abstract:

Loading...

Conditional Betas

NBER Working Paper No. w10413
Number of pages: 49 Posted: 20 Apr 2004 Last Revised: 16 Dec 2022
Tano Santos and Pietro Veronesi
Columbia Business School and University of Chicago - Booth School of Business
Downloads 64 (659,802)

Abstract:

Loading...

10.

Competition Among Exchanges

Number of pages: 40 Posted: 27 Sep 2000
Tano Santos and José A. Scheinkman
Columbia Business School and Columbia University
Downloads 362 (157,546)
Citation 12

Abstract:

Loading...

11.
Downloads 351 (162,922)
Citation 63

Outside and Inside Liquidity

The Quarterly Journal of Economics, Vol. 126, No. 1, pp. 259-321, 2011, Columbia Business School Research Paper No. 11-30, Economic Theory Center Working Paper No. 35-2012
Number of pages: 66 Posted: 22 Oct 2011 Last Revised: 31 May 2012
Imperial College London, Columbia Business School and Columbia University
Downloads 229 (251,265)
Citation 11

Abstract:

Loading...

Outside and Inside Liquidity

NBER Working Paper No. w14867
Number of pages: 59 Posted: 13 Apr 2009 Last Revised: 17 Aug 2022
Imperial College London, Columbia Business School and Columbia University
Downloads 122 (433,741)
Citation 13

Abstract:

Loading...

12.
Downloads 342 (167,520)
Citation 16

Managerial Style and Attention

Columbia Business School Research Paper No. 17-91
Number of pages: 67 Posted: 24 Aug 2017 Last Revised: 03 Feb 2019
Wouter Dessein and Tano Santos
Columbia University - Columbia Business School, Economics and Columbia Business School
Downloads 342 (166,247)
Citation 6

Abstract:

Loading...

Managerial Style, Attention, Managerial Fixed Effects, Firm Behavior

Managerial Style and Attention

CEPR Discussion Paper No. DP13527
Number of pages: 63 Posted: 19 Feb 2019
Wouter Dessein and Tano Santos
Columbia University - Columbia Business School, Economics and Columbia Business School
Downloads 0
Citation 12
  • Add to Cart

Abstract:

Loading...

attention, Firm behavior, Firm Strategy, Managerial Style

13.

Leverage

Columbia Business School Research Paper No. 17-1
Number of pages: 50 Posted: 01 Dec 2016 Last Revised: 23 Dec 2018
Tano Santos and Pietro Veronesi
Columbia Business School and University of Chicago - Booth School of Business
Downloads 281 (206,044)
Citation 3

Abstract:

Loading...

Risk Preferences, Leverage, Heterogeneity, Intermediary

14.
Downloads 243 (238,245)
Citation 12

Referrals

University of Chicago GSB, Working Paper
Number of pages: 50 Posted: 23 Jul 2001
Luis Garicano, Luis Garicano and Tano Santos
Centre for Economic Policy Research (CEPR)IE Business School and Columbia Business School
Downloads 188 (301,991)
Citation 5

Abstract:

Loading...

Specialization, Organization, Asymmetric Information,Professional Services, Partnerships, Theory of the Firm

Referrals

NBER Working Paper No. w8367
Number of pages: 51 Posted: 09 Jul 2001 Last Revised: 13 Nov 2022
Luis Garicano, Luis Garicano and Tano Santos
Centre for Economic Policy Research (CEPR)IE Business School and Columbia Business School
Downloads 55 (712,072)

Abstract:

Loading...

15.

Market and Public Liquidity

American Economic Review, Vol. 99, No. 2, 594-99, 2009, Economic Theory Center Working Paper No. 34-2012
Number of pages: 7 Posted: 22 Oct 2011
Imperial College London, Columbia Business School and Columbia University
Downloads 170 (330,757)
Citation 4

Abstract:

Loading...

16.

Cash-Flow Risk, Discount Risk, and the Value Premium

NBER Working Paper No. w11816
Number of pages: 59 Posted: 19 Feb 2006 Last Revised: 26 Dec 2022
Tano Santos and Pietro Veronesi
Columbia Business School and University of Chicago - Booth School of Business
Downloads 126 (421,536)

Abstract:

Loading...

17.

Credit Booms: Implications for the Public and the Private Sector

BIS Working Paper No. 481
Number of pages: 40 Posted: 22 Jan 2015
Tano Santos
Columbia Business School
Downloads 119 (440,106)
Citation 1

Abstract:

Loading...

credit boom, liquidity, political economy

Institutions and Political Party Systems: The Euro Case

PIER Working Paper No. 17-014, Columbia Business School Research Paper No. 17-73
Number of pages: 28 Posted: 14 Jul 2017
University of Pennsylvania - Department of Economics and Columbia Business School
Downloads 91 (535,764)

Abstract:

Loading...

Federalism, Political Institutions, Party Systems, Euro

Institutions and Political Party Systems: The Euro Case

NBER Working Paper No. w23599
Number of pages: 28 Posted: 25 Jul 2017 Last Revised: 26 Jun 2022
University of Pennsylvania - Department of Economics and Columbia Business School
Downloads 26 (940,569)
Citation 1

Abstract:

Loading...

Institutions and Political Party Systems: The Euro Case

CEPR Discussion Paper No. DP12131
Number of pages: 30 Posted: 10 Jul 2017
University of Pennsylvania - Department of Economics and Columbia Business School
Downloads 0
  • Add to Cart

Abstract:

Loading...

euro, Federalism, Party Systems, Political Institutions

19.
Downloads 92 (527,094)
Citation 3

The Demand for Coordination

NBER Working Paper No. w10056
Number of pages: 54 Posted: 04 Nov 2003 Last Revised: 25 Dec 2022
Wouter Dessein and Tano Santos
University of Chicago - Booth School of Business and Columbia Business School
Downloads 68 (638,519)

Abstract:

Loading...

The Demand for Coordination

Number of pages: 56 Posted: 11 Dec 2003
Wouter Dessein and Tano Santos
University of Chicago - Booth School of Business and Columbia Business School
Downloads 24 (960,669)
  • Add to Cart

Abstract:

Loading...

Organizations, coordination, specialization, communication, authority, skills, information technology

20.
Downloads 43 (774,487)
Citation 60

Political Credit Cycles: The Case of the Euro Zone

NBER Working Paper No. w18899
Number of pages: 45 Posted: 22 Mar 2013 Last Revised: 20 Feb 2023
University of Pennsylvania - Department of Economics, Centre for Economic Policy Research (CEPR)IE Business School and Columbia Business School
Downloads 39 (824,855)
Citation 21

Abstract:

Loading...

Political Credit Cycles: The Case of the Euro Zone

CEPR Discussion Paper No. DP9404
Number of pages: 47 Posted: 03 Apr 2013
University of Pennsylvania - Department of Economics, Centre for Economic Policy Research (CEPR)IE Business School and Columbia Business School
Downloads 4 (1,177,352)
Citation 18
  • Add to Cart

Abstract:

Loading...

bubbles, Euro crisis, Financial crisis, political economy

21.

Leverage

NBER Working Paper No. w22905
Number of pages: 51 Posted: 12 Dec 2016 Last Revised: 01 Feb 2023
Tano Santos and Pietro Veronesi
Columbia Business School and University of Chicago - Booth School of Business
Downloads 32 (859,306)
Citation 1

Abstract:

Loading...

22.
Downloads 20 (971,784)

Destabilizing Digital "Bank Walks"

University of Chicago, Becker Friedman Institute for Economics Working Paper No. 2024-79
Number of pages: 53 Posted: 11 Jul 2024
University of Chicago - Becker Friedman Institute for Economics, Columbia University - Columbia Business School, Columbia Business School and University of Chicago - Booth School of Business
Downloads 12 (1,092,910)

Abstract:

Loading...

Destabilizing Digital "Bank Walks"

NBER Working Paper No. w32601
Number of pages: 53 Posted: 25 Jun 2024
Naz Koont, Tano Santos and Luigi Zingales
Columbia University - Columbia Business School, Columbia Business School and University of Chicago - Booth School of Business
Downloads 8 (1,136,495)
  • Add to Cart

Abstract:

Loading...

23.

Rational Inattention and Organizational Focus

CEPR Discussion Paper No. DP9395
Number of pages: 62 Posted: 19 Mar 2013
Wouter Dessein, Andrea Galeotti and Tano Santos
Columbia University - Columbia Business School, Economics, University of Essex and Columbia Business School
Downloads 4 (1,132,519)
Citation 7
  • Add to Cart

Abstract:

Loading...

Attention, Coordination, Core competencies, Leadership, Organization Size, Organizational Design, Organizational Strategy

24.

Adaptive Organizations

Journal of Political Economy, Vol. 114, pp. 956-995, October 2006
Posted: 01 Nov 2006
Wouter Dessein and Tano Santos
University of Chicago - Booth School of Business and Columbia Business School

Abstract:

Loading...

25.

Understanding Predictability

Posted: 26 Jan 2004
Lior Menzly, Pietro Veronesi and Tano Santos
University of Chicago - Booth School of Business, University of Chicago - Booth School of Business and Columbia Business School

Abstract:

Loading...