Jeremy C. Stein

Harvard University - Department of Economics

Professor

Littauer Center

Cambridge, MA 02138

United States

http://post.economics.harvard.edu/faculty/stein/stein.html

National Bureau of Economic Research (NBER)

1050 Massachusetts Avenue

Cambridge, MA 02138

United States

SCHOLARLY PAPERS

63

DOWNLOADS
Rank 655

SSRN RANKINGS

Top 655

in Total Papers Downloads

26,348

CITATIONS
Rank 13

SSRN RANKINGS

Top 13

in Total Papers Citations

6,555

Scholarly Papers (63)

1.
Downloads 2,048 ( 5,008)
Citation 202

Agency, Information and Corporate Investment

Number of pages: 89 Posted: 21 Jun 2001
Jeremy C. Stein
Harvard University - Department of Economics
Downloads 1,942 (5,339)
Citation 202

Abstract:

corporate investment, financing constraints, internal capital markets

Agency, Information and Corporate Investment

NBER Working Paper No. w8342
Number of pages: 90 Posted: 25 Jun 2001
Jeremy C. Stein
Harvard University - Department of Economics
Downloads 106 (204,666)
Citation 202

Abstract:

2.

A Macroprudential Approach to Financial Regulation

Chicago Booth Research Paper No. 10-29
Number of pages: 42 Posted: 14 Nov 2010
Samuel Gregory Hanson, Anil K. Kashyap and Jeremy C. Stein
Harvard Business School, University of Chicago, Booth School of Business and Harvard University - Department of Economics
Downloads 1,998 (3,334)
Citation 51

Abstract:

Forecasting Crashes: Trading Volume, Past Returns and Conditional Skewness in Stock Prices

Number of pages: 47 Posted: 03 Jan 2000
Joseph Chen, Harrison G. Hong and Jeremy C. Stein
University of California, Davis - Graduate School of Management, Columbia University, Graduate School of Arts and Sciences, Department of Economics and Harvard University - Department of Economics
Downloads 1,751 (6,413)
Citation 106

Abstract:

Forecasting Crashes: Trading Volume, Past Returns and Conditional Skewness in Stock Prices

NBER Working Paper No. w7687
Number of pages: 49 Posted: 16 May 2000
Joseph Chen, Harrison G. Hong and Jeremy C. Stein
University of California, Davis - Graduate School of Management, Columbia University, Graduate School of Arts and Sciences, Department of Economics and Harvard University - Department of Economics
Downloads 122 (184,193)
Citation 106

Abstract:

4.
Downloads 1,517 ( 8,378)
Citation 110

Market Liquidity as a Sentiment Indicator

Number of pages: 48 Posted: 02 Jul 2008 Last Revised: 13 Jan 2009
Malcolm P. Baker and Jeremy C. Stein
Harvard Business School and Harvard University - Department of Economics
Downloads 1,449 (8,818)
Citation 110

Abstract:

Market Liquidity as a Sentiment Indicator

NBER Working Paper No. w8816
Number of pages: 48 Posted: 28 Feb 2002
Malcolm P. Baker and Jeremy C. Stein
Harvard Business School and Harvard University - Department of Economics
Downloads 68 (271,647)
Citation 110

Abstract:

Market Liquidity as a Sentiment Indicator

Journal of Financial Markets, Vol. 7, No. 3, pp. 271-299, June 2004
Posted: 13 Oct 2004 Last Revised: 12 Aug 2008
Malcolm P. Baker and Jeremy C. Stein
Harvard Business School and Harvard University - Department of Economics

Abstract:

Liquidity, Investor Sentiment, Market Timing, Corporate Finance, Behavioral Finance

5.

Reforming Money Market Funds

Tuck School of Business Working Paper No. 2011-86, Rock Center for Corporate Governance at Stanford University Working Paper No. 109, Columbia Business School Research Paper No. 12-13
Number of pages: 10 Posted: 19 Jan 2011 Last Revised: 20 Feb 2012
Brookings Institution, Harvard University - Department of Economics, Hoover Institution, University of Chicago - Booth School of Business, Stanford University - Graduate School of Business, Tuck School of Business at Dartmouth, University of Chicago, Booth School of Business, Columbia Business School - Finance and Economics, Harvard Business School - Finance Unit, Yale University - Cowles Foundation, Tuck School of Business at Dartmouth, Bank for International Settlements, Harvard University - Department of Economics and Ohio State University (OSU) - Department of Finance
Downloads 1,472 (7,892)

Abstract:

When Does the Market Matter? Stock Prices and the Investment of Equity-Dependent Firms

Number of pages: 48 Posted: 04 Jan 2002 Last Revised: 13 Jan 2009
Malcolm P. Baker, Jeffrey Wurgler and Jeremy C. Stein
Harvard Business School, NYU Stern School of Business and Harvard University - Department of Economics
Downloads 1,103 (13,680)
Citation 240

Abstract:

Investment, Behavioral Finance

When Does the Market Matter? Stock Prices and the Investment of Equity-Dependent Firms

NYU Working Paper No. FIN-01-031
Number of pages: 39 Posted: 03 Nov 2008
Malcolm P. Baker, Jeremy C. Stein and Jeffrey Wurgler
Harvard Business School, Harvard University - Department of Economics and NYU Stern School of Business
Downloads 114 (193,985)
Citation 240

Abstract:

When Does the Market Matter? Stock Prices and the Investment of Equity-Dependent Firms

NBER Working Paper No. w8750
Number of pages: 44 Posted: 02 Feb 2002
Malcolm P. Baker, Jeffrey Wurgler and Jeremy C. Stein
Harvard Business School, NYU Stern School of Business and Harvard University - Department of Economics
Downloads 41 (346,070)
Citation 242

Abstract:

When Does the Market Matter? Stock Prices and the Investment of Equity-Dependent Firms

Quarterly Journal of Economics, Vol. 118, No. 3, pp. 969-1006, August 2003
Posted: 29 May 2003 Last Revised: 13 Aug 2008
Malcolm P. Baker, Jeffrey Wurgler and Jeremy C. Stein
Harvard Business School, NYU Stern School of Business and Harvard University - Department of Economics

Abstract:

7.
Downloads 1,044 ( 15,231)
Citation 247

Breadth of Ownership and Stock Returns

AFA 2002 Atlanta Meetings
Number of pages: 48 Posted: 03 Jan 2001
Joseph Chen, Harrison G. Hong and Jeremy C. Stein
University of California, Davis - Graduate School of Management, Columbia University, Graduate School of Arts and Sciences, Department of Economics and Harvard University - Department of Economics
Downloads 942 (17,417)
Citation 247

Abstract:

Breadth of Ownership and Stock Returns

NBER Working Paper No. w8151
Number of pages: 49 Posted: 08 Mar 2001
Joseph Chen, Harrison G. Hong and Jeremy C. Stein
University of California, Davis - Graduate School of Management, Columbia University, Graduate School of Arts and Sciences, Department of Economics and Harvard University - Department of Economics
Downloads 102 (210,410)
Citation 247

Abstract:

8.

A Comparables Approach to Measuring Cashflow-at-Risk for Non-Financial Firms

National Economic Research Associates Working Paper No. 39
Number of pages: 27 Posted: 23 Sep 2000
NERA Economic Consulting, Marsh & McLennan Companies - New York Office, NERA Economic Consulting and Harvard University - Department of Economics
Downloads 983 (16,045)
Citation 5

Abstract:

Does Function Follow Organizational Form? Evidence from the Lending Practices of Large and Small Banks

Harvard Institute Research Working Paper No. 1976; Kellogg School of Management Working Paper No. 288
Number of pages: 51 Posted: 26 Dec 2001
University of South Carolina - Darla Moore School of Business, U.S. Department of Justice, Northwestern University - Kellogg School of Management, University of Chicago - Booth School of Business and Harvard University - Department of Economics
Downloads 857 (20,046)
Citation 289

Abstract:

Functional form, organizational structure, distance, banking, soft information, hard information

Does Function Follow Organizational Form? Evidence from the Lending Practices of Large and Small Banks

NBER Working Paper No. w8752
Number of pages: 51 Posted: 02 Feb 2002
University of South Carolina - Darla Moore School of Business, U.S. Department of Justice, Northwestern University - Kellogg School of Management, University of Chicago - Booth School of Business and Harvard University - Department of Economics
Downloads 63 (283,341)
Citation 289

Abstract:

Banks as Liquidity Providers: An Explanation for the Co-Existence of Lending and Deposit-Taking

Number of pages: 52 Posted: 13 Apr 1999
Anil K. Kashyap, Raghuram G. Rajan and Jeremy C. Stein
University of Chicago, Booth School of Business, University of Chicago - Booth School of Business and Harvard University - Department of Economics
Downloads 786 (22,829)
Citation 152

Abstract:

Banks as Liquidity Providers: an Explanation for the Co-Existence of Lending and Deposit-Taking

NBER Working Paper No. w6962
Number of pages: 54 Posted: 23 Mar 1999
Anil K. Kashyap, Raghuram G. Rajan and Jeremy C. Stein
University of Chicago, Booth School of Business, University of Chicago - Booth School of Business and Harvard University - Department of Economics
Downloads 81 (244,991)
Citation 152

Abstract:

Dollar Funding and the Lending Behavior of Global Banks

Number of pages: 46 Posted: 06 Nov 2012
Harvard University, Harvard Business School - Finance Unit and Harvard University - Department of Economics
Downloads 656 (29,483)
Citation 8

Abstract:

Banks, Global Banks, Credit Supply, Dollar Funding

Dollar Funding and the Lending Behavior of Global Banks

Quarterly Journal of Economics, Forthcoming
Number of pages: 51 Posted: 06 Jan 2013 Last Revised: 11 Mar 2015
Harvard University, Harvard Business School - Finance Unit and Harvard University - Department of Economics
Downloads 134 (171,075)
Citation 8

Abstract:

Covered Interest Parity; Dollar Funding; Credit Supply; Global Banks

Dollar Funding and the Lending Behavior of Global Banks

NBER Working Paper No. w18528
Number of pages: 47 Posted: 11 Nov 2012
Harvard University, Harvard Business School - Finance Unit and Harvard University - Department of Economics
Downloads 5 (523,638)
Citation 8

Abstract:

12.
Downloads 676 ( 28,690)
Citation 195

Social Interaction and Stock Market Participation

Stanford Business School Working Paper
Number of pages: 47 Posted: 21 Jun 2001
Jeffrey D. Kubik, Harrison G. Hong and Jeremy C. Stein
Syracuse University - Department of Economics, Columbia University, Graduate School of Arts and Sciences, Department of Economics and Harvard University - Department of Economics
Downloads 626 (31,394)
Citation 195

Abstract:

Stock market participation, social interaction, peer effects, word of mouth learning, consumption externalities

Social Interaction and Stock-Market Participation

NBER Working Paper No. W8358
Number of pages: 48 Posted: 28 Jun 2001
Jeffrey D. Kubik, Harrison G. Hong and Jeremy C. Stein
Syracuse University - Department of Economics, Columbia University, Graduate School of Arts and Sciences, Department of Economics and Harvard University - Department of Economics
Downloads 50 (317,779)
Citation 195

Abstract:

Differences of Opinion, Rational Arbitrage and Market Crashes

Number of pages: 45 Posted: 12 Oct 1999
Harrison G. Hong and Jeremy C. Stein
Columbia University, Graduate School of Arts and Sciences, Department of Economics and Harvard University - Department of Economics
Downloads 591 (33,938)
Citation 48

Abstract:

Differences of Opinion, Rational Arbitrage and Market Crashes

NBER Working Paper No. w7376
Number of pages: 50 Posted: 14 Jul 2000
Harrison G. Hong and Jeremy C. Stein
Columbia University, Graduate School of Arts and Sciences, Department of Economics and Harvard University - Department of Economics
Downloads 59 (293,105)
Citation 48

Abstract:

14.
Downloads 638 ( 31,068)
Citation 50

Aggregate Short Interest and Market Valuations

Harvard Institute of Economic Research Discussion Paper No. 2027
Number of pages: 12 Posted: 30 Jul 2004
Owen A. Lamont and Jeremy C. Stein
Harvard University - Department of Economics and Harvard University - Department of Economics
Downloads 572 (35,416)
Citation 50

Abstract:

Aggregate Short Interest and Market Valuations

NBER Working Paper No. w10218
Number of pages: 12 Posted: 20 Jan 2004
Owen A. Lamont and Jeremy C. Stein
Harvard University - Department of Economics and Harvard University - Department of Economics
Downloads 66 (276,248)
Citation 50

Abstract:

Information Production and Capital Allocation: Decentralized vs. Hierarchical Firms

Number of pages: 48 Posted: 23 Jun 2000
Jeremy C. Stein
Harvard University - Department of Economics
Downloads 543 (37,993)
Citation 337

Abstract:

Information Production and Capital Allocation: Decentralized vs. Hierarchical Firms

NBER Working Paper No. w7705
Number of pages: 49 Posted: 12 Jun 2000
Jeremy C. Stein
Harvard University - Department of Economics
Downloads 74 (258,722)
Citation 337

Abstract:

16.
Downloads 587 ( 34,763)
Citation 54

Leverage and House-Price Dynamics in U.S. Cities

Number of pages: 32 Posted: 09 Feb 1999
Owen A. Lamont and Jeremy C. Stein
Harvard University - Department of Economics and Harvard University - Department of Economics
Downloads 560 (36,445)
Citation 54

Abstract:

Leverage and House-Price Dynamics in U.S. Cities

NBER Working Paper No. w5961
Number of pages: 40 Posted: 26 Jul 2000
Owen A. Lamont and Jeremy C. Stein
Harvard University - Department of Economics and Harvard University - Department of Economics
Downloads 27 (402,262)
Citation 54

Abstract:

Leverage and House-Price Dynamics in U.S. Cities

Rand Journal of Economics, Vol. 30, Issue 3
Posted: 17 Jun 1999
Owen A. Lamont and Jeremy C. Stein
Harvard University - Department of Economics and Harvard University - Department of Economics

Abstract:

17.
Downloads 521 ( 40,638)
Citation 31

Simple Forecasts and Paradigm Shifts

Harvard Institute of Economic Research Discussion Paper No. 2007; AFA 2005 Philadelphia Meetings
Number of pages: 49 Posted: 13 Feb 2005
Harrison G. Hong and Jeremy C. Stein
Columbia University, Graduate School of Arts and Sciences, Department of Economics and Harvard University - Department of Economics
Downloads 496 (42,713)
Citation 31

Abstract:

Simple Forecasts and Paradigm Shifts

NBER Working Paper No. w10013
Number of pages: 52 Posted: 05 Oct 2003
Harrison G. Hong and Jeremy C. Stein
Columbia University, Graduate School of Arts and Sciences, Department of Economics and Harvard University - Department of Economics
Downloads 25 (412,561)
Citation 31

Abstract:

18.

Thy Neighbor's Portfolio: Word-of-Mouth Effects in the Holdings and Trades of Money Managers

Harvard Institute of Economic Research Discussion Paper No. 2006
Number of pages: 47 Posted: 02 Jun 2003
Jeffrey D. Kubik, Harrison G. Hong and Jeremy C. Stein
Syracuse University - Department of Economics, Columbia University, Graduate School of Arts and Sciences, Department of Economics and Harvard University - Department of Economics
Downloads 498 (42,167)
Citation 110

Abstract:

Investor Sentiment and Corporate Finance: Micro and Macro

National Bureau of Economic Research (NBER)
Number of pages: 12 Posted: 07 Dec 2005
Owen A. Lamont and Jeremy C. Stein
Harvard University - Department of Economics and Harvard University - Department of Economics
Downloads 418 (53,004)
Citation 17

Abstract:

Investor sentiment, equity issues, mergers

Investor Sentiment and Corporate Finance: Micro and Macro

NBER Working Paper No. w11882
Number of pages: 14 Posted: 04 Apr 2006
Owen A. Lamont and Jeremy C. Stein
Harvard University - Department of Economics and Harvard University - Department of Economics
Downloads 48 (323,840)
Citation 17

Abstract:

Why Are Most Funds Open-End? Competition and the Limits of Arbitrage

Number of pages: 43 Posted: 02 Feb 2004
Jeremy C. Stein
Harvard University - Department of Economics
Downloads 358 (63,779)
Citation 41

Abstract:

Money management, arbitrage, market efficiency

Why are Most Funds Open-End? Competition and the Limits of Arbitrage

NBER Working Paper No. w10259
Number of pages: 44 Posted: 31 Jan 2004
Jeremy C. Stein
Harvard University - Department of Economics
Downloads 82 (243,146)
Citation 41

Abstract:

Corporate Financing Decisions When Investors Take the Path of Least Resistance

Number of pages: 55 Posted: 13 Dec 2004 Last Revised: 12 Aug 2008
Malcolm P. Baker, Joshua D. Coval and Jeremy C. Stein
Harvard Business School, Harvard Business School - Finance Unit and Harvard University - Department of Economics
Downloads 341 (67,637)
Citation 33

Abstract:

Inertia, mergers, equity issuance

Corporate Financing Decisions When Investors Take the Path of Least Resistance

NBER Working Paper No. w10998
Number of pages: 51 Posted: 19 Jan 2005
Malcolm P. Baker, Joshua D. Coval and Jeremy C. Stein
Harvard Business School, Harvard Business School - Finance Unit and Harvard University - Department of Economics
Downloads 42 (342,730)
Citation 33

Abstract:

Corporate Financing Decisions When Investors Take the Path of Least Resistance

Journal of Financial Economics (JFE), Vol. 84, No. 2, pp. 266-298, May 2007
Posted: 25 Jun 2008 Last Revised: 12 Jan 2009
Joshua D. Coval, Jeremy C. Stein and Malcolm P. Baker
Harvard Business School - Finance Unit, Harvard University - Department of Economics and Harvard Business School

Abstract:

mergers, inertia, equity issuance

Academic Freedom, Private-Sector Focus, and the Process of Innovation

Harvard Institute of Economic Research Discussion Paper No. 2089
Number of pages: 44 Posted: 08 Aug 2005
Philippe Aghion, Mathias Dewatripont and Jeremy C. Stein
College de France and London School of Economics and Political Science, Fellow, Université Libre de Bruxelles (ULB) - European Center for Advanced Research in Economics and Statistics (ECARES) and Harvard University - Department of Economics
Downloads 342 (67,402)
Citation 40

Abstract:

Academic Freedom, Private-Sector Focus, and the Process of Innovation

NBER Working Paper No. w11542
Number of pages: 44 Posted: 20 Sep 2005
Philippe Aghion, Mathias Dewatripont and Jeremy C. Stein
College de France and London School of Economics and Political Science, Fellow, Université Libre de Bruxelles (ULB) - European Center for Advanced Research in Economics and Statistics (ECARES) and Harvard University - Department of Economics
Downloads 32 (379,701)
Citation 40

Abstract:

23.

Convertible Bonds as "Back Door" Equity Financing

NBER Working Paper No. w4028
Number of pages: 32 Posted: 27 Apr 2000
Jeremy C. Stein
Harvard University - Department of Economics
Downloads 307 (65,886)
Citation 96

Abstract:

24.

A Comparative-Advantage Approach to Government Debt Maturity

Harvard Business School Finance Working Paper No. 1680604
Number of pages: 53 Posted: 22 Sep 2010 Last Revised: 04 Jan 2011
Harvard Business School - Finance Unit, Harvard Business School and Harvard University - Department of Economics
Downloads 292 (75,629)
Citation 6

Abstract:

Government Debt Maturity, Corporate Debt Maturity, Fire sales, Money creation

Growth vs. Margins: Destabilizing Consequences of Giving the Stock Market What it Wants

Number of pages: 34 Posted: 13 Dec 2004
Philippe Aghion and Jeremy C. Stein
College de France and London School of Economics and Political Science, Fellow and Harvard University - Department of Economics
Downloads 234 (102,479)
Citation 18

Abstract:

Stock market, catering, volatility

Growth vs. Margins: Destabilizing Consequences of Giving the Stock Market What it Wants

NBER Working Paper No. w10999
Number of pages: 35 Posted: 19 Jan 2005
Philippe Aghion and Jeremy C. Stein
College de France and London School of Economics and Political Science, Fellow and Harvard University - Department of Economics
Downloads 45 (333,075)
Citation 18

Abstract:

26.

Risk Management: Coordinating Corporate Investment and Financing Policies

NBER Working Paper No. w4084
Number of pages: 33 Posted: 29 Jan 2001
Kenneth Froot, David S. Scharfstein and Jeremy C. Stein
National Bureau of Economic Research (NBER), Harvard Business School - Finance Unit and Harvard University - Department of Economics
Downloads 259 (75,629)
Citation 476

Abstract:

The Only Game in Town: Stock-Price Consequences of Local Bias

Harvard Institute of Economic Research Discussion Paper No. 2077
Number of pages: 51 Posted: 19 Jul 2005
Jeffrey D. Kubik, Harrison G. Hong and Jeremy C. Stein
Syracuse University - Department of Economics, Columbia University, Graduate School of Arts and Sciences, Department of Economics and Harvard University - Department of Economics
Downloads 226 (106,188)
Citation 49

Abstract:

The Only Game in Town: Stock-Price Consequences of Local Bias

NBER Working Paper No. w11488
Number of pages: 51 Posted: 23 Aug 2005
Jeffrey D. Kubik, Harrison G. Hong and Jeremy C. Stein
Syracuse University - Department of Economics, Columbia University, Graduate School of Arts and Sciences, Department of Economics and Harvard University - Department of Economics
Downloads 27 (402,262)
Citation 49

Abstract:

28.

The Evolution of Buyout Pricing and Financial Structure

NBER Working Paper No. w3695
Number of pages: 51 Posted: 09 Jul 2004
Steven N. Kaplan and Jeremy C. Stein
University of Chicago - Booth School of Business and Harvard University - Department of Economics
Downloads 242 (99,405)
Citation 104

Abstract:

29.

The Optimal Conduct of Monetary Policy with Interest on Reserves

Chicago Booth Research Paper No. 11-20, Fama-Miller Working Paper
Number of pages: 31 Posted: 30 Jun 2011 Last Revised: 04 Apr 2013
Anil K. Kashyap and Jeremy C. Stein
University of Chicago, Booth School of Business and Harvard University - Department of Economics
Downloads 232 (101,121)
Citation 4

Abstract:

30.

A Unified Theory of Underreaction, Momentum Trading and Overreaction in Asset Markets

NBER Working Paper No. w6324
Number of pages: 59 Posted: 09 Jul 2000
Harrison G. Hong and Jeremy C. Stein
Columbia University, Graduate School of Arts and Sciences, Department of Economics and Harvard University - Department of Economics
Downloads 217 (82,424)
Citation 566

Abstract:

31.
Downloads 153 (152,932)
Citation 21

Conversations Among Competitors

Number of pages: 39 Posted: 27 Aug 2007
Jeremy C. Stein
Harvard University - Department of Economics
Downloads 123 (183,046)
Citation 21

Abstract:

information transmission, social networks

Conversations Among Competitors

NBER Working Paper No. w13370
Number of pages: 40 Posted: 10 Sep 2007
Jeremy C. Stein
Harvard University - Department of Economics
Downloads 30 (388,228)
Citation 21

Abstract:

32.

Bad News Travels Slowly: Size, Analyst Coverage and the Profitability of Momentum Strategies

NBER Working Paper No. w6553
Number of pages: 59 Posted: 13 Jul 2000
Harrison G. Hong, Terence Lim and Jeremy C. Stein
Columbia University, Graduate School of Arts and Sciences, Department of Economics, Massachusetts Institute of Technology (MIT) - Sloan School of Management and Harvard University - Department of Economics
Downloads 145 (129,153)
Citation 450

Abstract:

33.

Do Hedge Funds Profit from Mutual-Fund Distress?

NBER Working Paper No. w13786
Number of pages: 49 Posted: 08 Feb 2008
University of California, Davis - Graduate School of Management, Harvard Business School, Columbia University, Graduate School of Arts and Sciences, Department of Economics and Harvard University - Department of Economics
Downloads 138 (166,645)
Citation 26

Abstract:

Risk Management, Capital Budgeting and Capital Structure Policy for Financial Institutions: An Integrated Approach

NBER Working Paper No. w5403
Number of pages: 39 Posted: 12 Jul 2000
Kenneth Froot and Jeremy C. Stein
National Bureau of Economic Research (NBER) and Harvard University - Department of Economics
Downloads 125 (180,793)
Citation 151

Abstract:

Risk Management, Capital Budgeting and Capital Structure Policy for Financial Institutions: An Integrated Approach

WFIC 96-28
Posted: 13 Jun 1998
Kenneth Froot and Jeremy C. Stein
National Bureau of Economic Research (NBER) and Harvard University - Department of Economics

Abstract:

Rational Capital Budgeting in an Irrational World

NBER Working Paper No. w5496
Number of pages: 46 Posted: 13 Jul 2000
Jeremy C. Stein
Harvard University - Department of Economics
Downloads 118 (190,241)
Citation 154

Abstract:

Rational Capital Budgeting in an Irrational World

J. OF BUSINESS, Vol. 69 No. 4, October 1996
Posted: 15 Jan 1997
Jeremy C. Stein
Harvard University - Department of Economics

Abstract:

36.

Reforming LIBOR and Other Financial-Market Benchmarks

Stanford University Graduate School of Business Research Paper No. 14-41
Number of pages: 36 Posted: 09 Oct 2014
Darrell Duffie and Jeremy C. Stein
Stanford University - Graduate School of Business and Harvard University - Department of Economics
Downloads 116 (141,764)

Abstract:

Benchmarks, LIBOR, manipulation, reference rate reform

Credit-Market Sentiment and the Business Cycle

FEDS Working Paper No. 2015-028r1, http://dx.doi.org/10.17016/FEDS.2015.028r1
Number of pages: 57 Posted: 24 May 2015
David Lopez-Salido, Jeremy C. Stein and Egon Zakrajsek
Board of Governors of the Federal Reserve System, Harvard University - Department of Economics and Federal Reserve Board - Division of Monetary Affairs
Downloads 91 (227,498)

Abstract:

business cycles, credit-market sentiment, financial stability

Credit-Market Sentiment and the Business Cycle

NBER Working Paper No. w21879
Number of pages: 46 Posted: 20 Jan 2016
David Lopez-Salido, Jeremy C. Stein and Egon Zakrajsek
Board of Governors of the Federal Reserve System, Harvard University - Department of Economics and Federal Reserve Board - Division of Monetary Affairs
Downloads 14 (474,372)

Abstract:

Credit-Market Sentiment and the Business Cycle

FEDS Working Paper No. 2015-28
Number of pages: 57 Posted: 11 Jan 2017
David Lopez-Salido, Jeremy C. Stein and Egon Zakrajsek
Board of Governors of the Federal Reserve System, Harvard University - Department of Economics and Federal Reserve Board - Division of Monetary Affairs
Downloads 9 (502,587)

Abstract:

Business cycles, Credit-market sentiment, Financial stability

38.

Herd on the Street: Informational Inefficiencies in a Market with Short-Term Speculation

NBER Working Paper No. w3250
Number of pages: 35 Posted: 15 Jun 2001
Kenneth Froot, David S. Scharfstein and Jeremy C. Stein
National Bureau of Economic Research (NBER), Harvard Business School - Finance Unit and Harvard University - Department of Economics
Downloads 114 (187,073)
Citation 129

Abstract:

39.

Internal Versus External Capital Markets

NBER Working Paper No. w4776
Number of pages: 23 Posted: 27 Jul 2010
University of Chicago - Finance, Harvard Business School - Finance Unit and Harvard University - Department of Economics
Downloads 104 (206,410)
Citation 140

Abstract:

Monetary Policy and Credit Conditions: Evidence from the Composition of External Finance

NBER Working Paper No. w4015
Number of pages: 45 Posted: 03 Jul 2007
Anil K. Kashyap, David W. Wilcox and Jeremy C. Stein
University of Chicago, Booth School of Business, Federal Reserve Board - Division of Research and Statistics and Harvard University - Department of Economics
Downloads 59 (293,105)
Citation 202

Abstract:

Monetary Policy and Credit Conditions: Evidence from the Composition of External Finance

NBER Working Paper No. w4015
Number of pages: 45 Posted: 18 Apr 2007
Anil K. Kashyap, Jeremy C. Stein and David W. Wilcox
University of Chicago, Booth School of Business, Harvard University - Department of Economics and Federal Reserve Board - Division of Research and Statistics
Downloads 45 (333,075)
Citation 201

Abstract:

41.

Monetary Policy and Bank Lending

NBER Working Paper No. w4317
Number of pages: 66 Posted: 19 Jun 2004
Anil K. Kashyap and Jeremy C. Stein
University of Chicago, Booth School of Business and Harvard University - Department of Economics
Downloads 103 (191,946)
Citation 92

Abstract:

42.
Downloads 102 (209,253)
Citation 41

Monetary Policy as Financial-Stability Regulation

Number of pages: 51 Posted: 09 Mar 2011
Jeremy C. Stein
Harvard University - Department of Economics
Downloads 69 (269,455)
Citation 41

Abstract:

monetary policy, financial regulation

Monetary Policy as Financial-Stability Regulation

NBER Working Paper No. w16883
Number of pages: 52 Posted: 21 Mar 2011
Jeremy C. Stein
Harvard University - Department of Economics
Downloads 33 (375,718)
Citation 41

Abstract:

43.

Exchange Rates and Foreign Direct Investment: an Imperfect Capital Markets Approach

NBER Working Paper No. w2914
Number of pages: 36 Posted: 23 Apr 2004
Kenneth Froot and Jeremy C. Stein
National Bureau of Economic Research (NBER) and Harvard University - Department of Economics
Downloads 99 (199,606)
Citation 167

Abstract:

Internal Capital Markets and the Competition for Corporate Resources

NBER Working Paper No. w5101
Number of pages: 43 Posted: 15 Sep 2000
Jeremy C. Stein
Harvard University - Department of Economics
Downloads 89 (230,790)
Citation 300

Abstract:

Internal Capital Markets and the Competition for Corporate Resources

J. OF FINANCE, Vol. 52 No. 1, March 1997
Posted: 20 Jan 1997
Jeremy C. Stein
Harvard University - Department of Economics

Abstract:

45.

An Adverse Selection Model of Bank Asset and Liability Management with Implications for the Transmission of Monetary Policy

NBER Working Paper No. w5217
Number of pages: 41 Posted: 12 Jul 2000
Jeremy C. Stein
Harvard University - Department of Economics
Downloads 88 (215,016)
Citation 104

Abstract:

46.

The Dark Side of Internal Capital Markets: Divisional Rent-Seeking and Inefficient Investment

NBER Working Paper No. w5969
Number of pages: 40 Posted: 27 Jun 2000
David S. Scharfstein and Jeremy C. Stein
Harvard Business School - Finance Unit and Harvard University - Department of Economics
Downloads 83 (227,459)
Citation 304

Abstract:

47.

The Demand for Short-Term, Safe Assets and Financial Stability: Some Evidence and Implications for Central Bank Policies

FEDS Working Paper No. 2014-102
Number of pages: 27 Posted: 10 Dec 2014
Board of Governors of the Federal Reserve System, Federal Reserve Board, U.S. Federal Reserve Board - Division of Monetary Affairs, Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System, Harvard University - Department of Economics and Federal Reserve Board
Downloads 80 (176,868)

Abstract:

Financial stability, safe assets, money-like instruments, central bank policies

48.

The Impact of Monetary Policy on Bank Balance Sheets

NBER Working Paper No. w4821
Number of pages: 63 Posted: 01 Sep 2000
Anil K. Kashyap and Jeremy C. Stein
University of Chicago, Booth School of Business and Harvard University - Department of Economics
Downloads 75 (230,703)
Citation 130

Abstract:

49.

A Gap-Filling Theory of Corporate Debt Maturity Choice

NBER Working Paper No. w14087
Number of pages: 51 Posted: 22 Jun 2008
Harvard Business School - Finance Unit, Harvard Business School and Harvard University - Department of Economics
Downloads 67 (264,427)
Citation 32

Abstract:

Banks as Patient Fixed Income Investors

FEDS Working Paper No. 2014-15
Number of pages: 49 Posted: 01 Mar 2014
Harvard Business School, Harvard University - Department of Economics, Harvard University - Department of Economics and University of Chicago - Booth School of Business
Downloads 52 (311,861)

Abstract:

Banks, shadow banks, money creation

Banks as Patient Fixed-Income Investors

NBER Working Paper No. w20288
Number of pages: 48 Posted: 24 Jul 2014
Harvard Business School, Harvard University - Department of Economics, Harvard University - Department of Economics and University of Chicago - Booth School of Business
Downloads 13 (480,144)

Abstract:

51.

Prices and Trading Volume in the Housing Market: A Model with Downpayment Effects

NBER Working Paper No. w4373
Number of pages: 44 Posted: 25 Jun 2004
Jeremy C. Stein
Harvard University - Department of Economics
Downloads 59 (277,535)
Citation 87

Abstract:

52.

What Do a Million Banks Have to Say About the Transmission of Monetary Policy?

NBER Working Paper No. w6056
Number of pages: 68 Posted: 10 Jun 2000
Anil K. Kashyap and Jeremy C. Stein
University of Chicago, Booth School of Business and Harvard University - Department of Economics
Downloads 59 (289,222)
Citation 37

Abstract:

53.

The Neighbor's Portfolio: Word-of-Mouth Effects in the Holdings and Trade of Money Managers

NBER Working Paper No. w9711
Number of pages: 47 Posted: 01 Jun 2003
Jeffrey D. Kubik, Harrison G. Hong and Jeremy C. Stein
Syracuse University - Department of Economics, Columbia University, Graduate School of Arts and Sciences, Department of Economics and Harvard University - Department of Economics
Downloads 57 (294,129)
Citation 93

Abstract:

54.

Shareholder Trading Practices and Corporate Investment Horizons

NBER Working Paper No. w3638
Number of pages: 54 Posted: 13 Dec 2010
Kenneth Froot, André Perold and Jeremy C. Stein
National Bureau of Economic Research (NBER), Harvard Business School - Finance Unit and Harvard University - Department of Economics
Downloads 51 (296,653)
Citation 42

Abstract:

55.

Monetary Policy and Long-Term Real Rates

FEDS Working Paper No. 2012-46
Number of pages: 45 Posted: 20 Dec 2012
Samuel Gregory Hanson and Jeremy C. Stein
Harvard Business School and Harvard University - Department of Economics
Downloads 48 (307,118)
Citation 2

Abstract:

monetary policy, real interest rates, term premia

56.

How Risky is the Debt in Highly Leveraged Transactions? Evidence from Public Recapitalizations

NBER Working Paper No. w3390
Number of pages: 40 Posted: 11 Apr 2011
Steven N. Kaplan and Jeremy C. Stein
University of Chicago - Booth School of Business and Harvard University - Department of Economics
Downloads 46 (315,504)

Abstract:

57.

Credit Conditions and the Cyclical Behavior of Inventories: A Case Studyof the 1981-82 Recession

NBER Working Paper No. w4211
Number of pages: 46 Posted: 24 Jan 2007
Anil K. Kashyap, Owen A. Lamont and Jeremy C. Stein
University of Chicago, Booth School of Business, Harvard University - Department of Economics and Harvard University - Department of Economics
Downloads 44 (309,902)
Citation 53

Abstract:

58.

Ldc Debt: Forgiveness, Indexation, and Investment Incentives

NBER Working Paper No. w2541
Number of pages: 27 Posted: 08 Jun 2004
Kenneth Froot, David S. Scharfstein and Jeremy C. Stein
National Bureau of Economic Research (NBER), Harvard Business School - Finance Unit and Harvard University - Department of Economics
Downloads 21 (405,536)
Citation 18

Abstract:

59.

Waves of Creative Destruction: Customer Bases and the Dynamics of Innovation

NBER Working Paper No. w4782
Number of pages: 44 Posted: 25 Sep 1999
Jeremy C. Stein
Harvard University - Department of Economics
Downloads 10 (476,498)

Abstract:

60.

The Squam Lake Report: Fixing the Financial System

Journal of Applied Corporate Finance, Vol. 22, Issue 3, pp. 8-21, Summer 2010
Number of pages: 16 Posted: 04 Oct 2010
Tuck School of Business at Dartmouth, Institute for International Economics, Harvard University - Department of Economics, Hoover Institution, University of Chicago - Booth School of Business, Stanford University - Graduate School of Business, University of Chicago, Booth School of Business, Columbia Business School - Finance and Economics, University of Chicago - Booth School of Business, Harvard Business School - Finance Unit, Yale University - Cowles Foundation, Bank for International Settlements, Tuck School of Business at Dartmouth, Harvard University - Department of Economics and Ohio State University (OSU) - Department of Finance
Downloads 7 (491,057)
Citation 19

Abstract:

61.

Gradualism in Monetary Policy: A Time-Consistency Problem?

NBER Working Paper No. w21569
Number of pages: 44 Posted: 21 Sep 2015
Jeremy C. Stein and Aditya Sunderam
Harvard University - Department of Economics and Harvard University
Downloads 4 (476,498)

Abstract:

62.

Banks as Liquidity Providers: An Explanation for the Coexistence of Lending and Deposit-Taking

Journal of Finance, Vol. 57, pp. 33-73, 2002
Posted: 15 Nov 2003
Anil K. Kashyap, Raghuram G. Rajan and Jeremy C. Stein
University of Chicago, Booth School of Business, University of Chicago - Booth School of Business and Harvard University - Department of Economics

Abstract:

63.

USX: Targeted Stock Restructuring

CASENET, SOUTH-WESTERN COLLEGE PUBLISHING
Posted: 29 Aug 1996
Jeremy C. Stein
Harvard University - Department of Economics

Abstract: