G. William Schwert

University of Rochester - Simon Business School

Distinguished University Professor of Finance and Statistics

Carol Simon Hall 3-110L

Rochester, NY 14627

United States

http://schwert.ssb.rochester.edu

National Bureau of Economic Research (NBER)

1050 Massachusetts Avenue

Cambridge, MA 02138

United States

SCHOLARLY PAPERS

27

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SSRN CITATIONS
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1,113

CROSSREF CITATIONS

1,569

Scholarly Papers (27)

1.

The Remarkable Growth in Financial Economics, 1974-2020: Online Appendix

Journal of Financial Economics (JFE), Vol. 140, No. 3, 2021
Number of pages: 281 Posted: 15 Dec 2020 Last Revised: 12 May 2021
G. William Schwert
University of Rochester - Simon Business School
Downloads 11,219 (893)
Citation 1

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Journal of Financial Economics, authors, papers, institutions, citations

2.
Downloads 7,617 ( 1,716)
Citation 119

Anomalies and Market Efficiency

Number of pages: 54 Posted: 22 Oct 2002
G. William Schwert
University of Rochester - Simon Business School
Downloads 7,427 (1,772)
Citation 91

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Market Efficiency, Anomaly, Size Effect, Value Effect, Selection Bias, Momentum

Anomalies and Market Efficiency

NBER Working Paper No. w9277
Number of pages: 54 Posted: 19 Oct 2002 Last Revised: 07 Nov 2022
G. William Schwert
University of Rochester - Simon Business School
Downloads 190 (299,428)
Citation 37

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The Remarkable Growth in Financial Economics, 1974-2020

Journal of Financial Economics (JFE), Vol. 140, No. 3, 2021
Number of pages: 77 Posted: 15 Dec 2020 Last Revised: 12 May 2021
G. William Schwert
University of Rochester - Simon Business School
Downloads 3,268 (7,039)
Citation 1

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Journal, Financial, Economics, citations, impact, submissions, peer review

The Remarkable Growth in Financial Economics, 1974-2020

NBER Working Paper No. w28198
Number of pages: 78 Posted: 19 Jul 2021 Last Revised: 20 Jul 2023
G. William Schwert
University of Rochester - Simon Business School
Downloads 125 (426,094)
Citation 7

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4.
Downloads 2,766 ( 9,308)
Citation 99

Biases in the IPO Pricing Process

Number of pages: 40 Posted: 22 Feb 2001
Michelle Lowry and G. William Schwert
Drexel University and University of Rochester - Simon Business School
Downloads 2,656 (9,783)
Citation 2

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IPO, Underpricing, Private Information, Learning

Biases in the IPO Pricing Process

NBER Working Paper No. w8586
Number of pages: 43 Posted: 10 Nov 2001 Last Revised: 19 Jun 2022
Michelle Lowry and G. William Schwert
Drexel University and University of Rochester - Simon Business School
Downloads 110 (469,838)
Citation 31

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5.
Downloads 2,370 (11,963)
Citation 24

IPO Market Cycles: Bubbles or Sequential Learning?

Number of pages: 29 Posted: 18 Jan 2001
Michelle Lowry and G. William Schwert
Drexel University and University of Rochester - Simon Business School
Downloads 2,162 (13,592)
Citation 25

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IPO, Underpricing, Cycles, Private Information, Learning

IPO Market Cycles: Bubbles or Sequential Learning?

NBER Working Paper No. w7935
Number of pages: 35 Posted: 30 Sep 2000 Last Revised: 09 Mar 2022
Michelle Lowry and G. William Schwert
Drexel University and University of Rochester - Simon Business School
Downloads 208 (275,486)
Citation 1

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IPO Market Cycles: Bubbles or Sequential Learning?

Posted: 29 Nov 2003
Michelle Lowry and G. William Schwert
Drexel University and University of Rochester - Simon Business School

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6.

Editorial: Clinical Papers and Their Role in the Development of Financial Economics

Number of pages: 4 Posted: 28 Nov 2003
University of Chicago - Finance, Harvard University - Business School (HBS), Simon Graduate School of Business, University of Rochester, Harvard Business School, University of Rochester - Simon Business School, Simon Graduate School of Business, University of Rochester and University of Rochester – Simon Business School
Downloads 1,950 (16,236)
Citation 8

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Clinical Papers, case studies, perfect and imperfect markets

7.
Downloads 1,814 (18,236)
Citation 97

The Variability of IPO Initial Returns

Simon School Working Paper No. FR 06-06, forthcoming, Journal of Finance
Number of pages: 37 Posted: 07 Jul 2006 Last Revised: 13 Feb 2009
Micah S. Officer, Michelle Lowry and G. William Schwert
Loyola Marymount University - Department of Finance, Drexel University and University of Rochester - Simon Business School
Downloads 1,684 (20,096)

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IPO, Underpricing, Cycles, Information Asymmetry, Conditional Heteroskedasticity, Volatility

The Variability of IPO Initial Returns

NBER Working Paper No. w12295
Number of pages: 54 Posted: 16 Jun 2006 Last Revised: 07 Aug 2022
Micah S. Officer, Michelle Lowry and G. William Schwert
Loyola Marymount University - Department of Finance, Drexel University and University of Rochester - Simon Business School
Downloads 130 (413,395)
Citation 14

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8.

Risk Management Research Report - Spring 2010

Risk Management Research Report, Spring 2010
Number of pages: 16 Posted: 23 Apr 2010
HEC Paris - Finance Department, affiliation not provided to SSRN, University of Massachusetts Amherst - Department of Finance, Brooklyn College - CUNY, Drexel University, Loyola Marymount University - Department of Finance, University of Rochester - Simon Business School, Temple University - Department of Finance, Southern Illinois University - Department of Economics & Finance, University of California, Santa Barbara (UCSB) - Department of Economics, University of California, San Diego (UCSD) - Rady School of Management, University of Utah - David Eccles School of Business, Mitchell E. Daniels, Jr School of Business, Purdue University, HEC Paris - Finance Department, Harvard Law School, Columbia University - Columbia Business School, Finance, New York University (NYU) - Department of Finance, Texas A&M University - Department of Economics, Texas A&M University - Department of Economics, International Food Policy Research Institute (IFPRI)International Food Policy Research Institute (IFPRI), University of Navarra, IESE Business School, University of Georgia - Department of Banking and Finance, Southern Methodist University (SMU) - Finance Department, Pennsylvania State University, Smeal College of Business, University of California at Los Angeles - Anderson School of Management, INSEAD, University of South Florida - College of Business Administration, Fordham University, New York University (NYU) - Leonard N. Stern School of Business, Fordham University - Gabelli School of Business and Loyola University of Chicago - Department of Finance
Downloads 1,441 (25,933)

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Risk, Risk Management, Derivatives, Corporate Governance, Financial Derivatives, Value-At-Risk, VaR, Ethics, Volatility, Variance, Standard Deviation, Systemic, Systematic

9.
Downloads 1,380 (27,612)
Citation 21

Stock Market Volatility: Ten Years after the Crash

Number of pages: 46 Posted: 03 Dec 1997
G. William Schwert
University of Rochester - Simon Business School
Downloads 1,275 (30,542)
Citation 23

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Stock Market Volatility: Ten Years after the Crash

NBER Working Paper No. w6381
Number of pages: 47 Posted: 01 Jul 2000 Last Revised: 10 Dec 2022
G. William Schwert
University of Rochester - Simon Business School
Downloads 105 (486,376)

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10.
Downloads 1,301 (30,194)
Citation 87

Hostility in Takeovers: In the Eyes of the Beholder?

Number of pages: 52 Posted: 11 Jan 1998
G. William Schwert
University of Rochester - Simon Business School
Downloads 1,117 (36,938)
Citation 84

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Hostility in Takeovers: In the Eyes of the Beholder?

Number of pages: 53 Posted: 25 May 2006
G. William Schwert
University of Rochester - Simon Business School
Downloads 139 (391,790)

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Hostility in Takeovers: in the Eyes of the Beholder?

NBER Working Paper No. w7085
Number of pages: 53 Posted: 16 May 2011 Last Revised: 12 Nov 2022
G. William Schwert
University of Rochester - Simon Business School
Downloads 45 (779,995)
Citation 2

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Short Sales, Damages and Class Certification in 10b-5 Actions

Number of pages: 34 Posted: 02 Oct 2001
Massachusetts Institute of Technology (MIT) - Sloan School of Management, Bondholder Communications Group, University of Rochester - Simon Business School and Jones Day - Washington, D.C. Office
Downloads 419 (132,415)

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Short Sales, Securities Fraud, Class Certification, 10b-5

Short Sales, Damages and Class Certification in 10b-5 Actions

NBER Working Paper No. w8618
Number of pages: 43 Posted: 29 Nov 2001 Last Revised: 21 Jul 2022
Bondholder Communications Group, Massachusetts Institute of Technology (MIT) - Sloan School of Management, University of Rochester - Simon Business School and Jones Day - Washington, D.C. Office
Downloads 81 (577,701)

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12.

IPO Market Cycles: An Exploratory Investigation

Simon School of Business Working Paper No. FR 00-18
Number of pages: 35 Posted: 14 Feb 2000
Michelle Lowry and G. William Schwert
Drexel University and University of Rochester - Simon Business School
Downloads 472
Citation 4

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13.

Why Does Stock Market Volatility Change Over Time?

NBER Working Paper No. w2798
Number of pages: 72 Posted: 05 Jul 2004 Last Revised: 26 Aug 2022
G. William Schwert
University of Rochester - Simon Business School
Downloads 400 (141,136)
Citation 80

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14.

Gene Fama's Impact: A Quantitative Analysis

Simon Business School Working Paper No. FR 14-17
Number of pages: 32 Posted: 17 Sep 2014
G. William Schwert and René M. Stulz
University of Rochester - Simon Business School and Ohio State University (OSU) - Department of Finance
Downloads 382 (148,560)
Citation 1

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Fama, Citations

15.
Downloads 298 (194,205)
Citation 12

Stock Volatility During the Recent Financial Crisis

Number of pages: 48 Posted: 18 Apr 2011
G. William Schwert
University of Rochester - Simon Business School
Downloads 210 (273,057)
Citation 1

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Stock Volatility During the Recent Financial Crisis

NBER Working Paper No. w16976
Number of pages: 32 Posted: 25 Apr 2011 Last Revised: 22 May 2022
G. William Schwert
University of Rochester - Simon Business School
Downloads 88 (548,288)
Citation 12

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Poison or Placebo? Evidence on the Deterrent and Wealth Effects of Modern Antitakeover Measures

NBER Working Paper No. w4316
Number of pages: 33 Posted: 25 Jun 2004 Last Revised: 19 Oct 2022
Robert Comment and G. William Schwert
affiliation not provided to SSRN and University of Rochester - Simon Business School
Downloads 202 (283,052)
Citation 1

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Poison or Placebo? Evidence on the Deterrent and Wealth Effects of Modern Antitakeover Measures

Posted: 04 May 2000
Robert Comment and G. William Schwert
affiliation not provided to SSRN and University of Rochester - Simon Business School

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17.

Mark-Up Pricing in Mergers and Acquisitions

NBER Working Paper No. w4863
Number of pages: 51 Posted: 25 Jul 2000 Last Revised: 17 Apr 2022
G. William Schwert
University of Rochester - Simon Business School
Downloads 198 (289,137)
Citation 1

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18.

Business Cycles, Financial Crises, and Stock Volatility

NBER Working Paper No. w2957
Number of pages: 45 Posted: 27 Apr 2000 Last Revised: 01 Aug 2022
G. William Schwert
University of Rochester - Simon Business School
Downloads 192 (297,229)
Citation 6

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19.

Alternative Models for Conditional Stock Volatility

NBER Working Paper No. w2955
Number of pages: 40 Posted: 27 Dec 2006 Last Revised: 31 Jul 2022
Adrian Pagan and G. William Schwert
Australian National University (ANU) - Research School of Social Sciences (RSSS) and University of Rochester - Simon Business School
Downloads 177 (319,667)
Citation 12

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20.

Heteroskedasticity in Stock Returns

NBER Working Paper No. w2956
Number of pages: 34 Posted: 15 Jan 2007 Last Revised: 18 Apr 2022
G. William Schwert and Paul J. Seguin
University of Rochester - Simon Business School and University of Minnesota - Twin Cities - Carlson School of Management
Downloads 171 (329,526)
Citation 2

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21.

Stock Volatility and the Crash of '87

NBER Working Paper No. w2954
Number of pages: 34 Posted: 04 Jul 2004 Last Revised: 30 Jul 2022
G. William Schwert
University of Rochester - Simon Business School
Downloads 165 (339,878)
Citation 22

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22.

Stock Returns and Real Activity: a Century of Evidence

NBER Working Paper No. w3296
Number of pages: 24 Posted: 25 Jul 2007 Last Revised: 06 Jul 2022
G. William Schwert
University of Rochester - Simon Business School
Downloads 159 (350,784)
Citation 17

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23.

Tests for Unit Roots: a Monte Carlo Investigation

NBER Working Paper No. t0073
Number of pages: 29 Posted: 26 Dec 2000 Last Revised: 16 Mar 2023
G. William Schwert
University of Rochester - Simon Business School
Downloads 136 (397,898)
Citation 41

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24.

Indexes of United States Stock Prices from 1802 to 1987

NBER Working Paper No. w2985
Number of pages: 52 Posted: 09 Oct 2007 Last Revised: 29 Aug 2022
G. William Schwert
University of Rochester - Simon Business School
Downloads 121 (435,220)
Citation 10

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25.

Stock Volatility in the New Millennium: How Wacky is NASDAQ?

NBER Working Paper No. w8436
Number of pages: 35 Posted: 20 Aug 2001 Last Revised: 22 Jul 2022
G. William Schwert
University of Rochester - Simon Business School
Downloads 90 (535,142)
Citation 3

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26.

Video: Stock Volatility: Past, Present, and Future

Posted: 27 Sep 2012
G. William Schwert
University of Rochester - Simon Business School

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27.

Markup Pricing in Mergers & Acquisitions

Posted: 06 Sep 1999
G. William Schwert
University of Rochester - Simon Business School

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