Author Page for Jeremy C. Stein

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 University - Business School (HBS), University of Chicago, Booth School of Business and Harvard University - Department of Economics

Downloads 3,010 (8,618)

Citation 106

Abstract:

2.

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

Downloads 2,359 (12,676)

Citation 81

2

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 1,967 (16,618)

Citation 24

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 Last Revised: 02 Jan 2023

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 392 (151,125)

Citation 57

Abstract:

3.

Agency, Information and Corporate Investment

Downloads 2,320 (13,025)

Citation 2

2

Agency, Information and Corporate Investment

Number of pages: 89 Posted: 21 Jun 2001

Jeremy C. Stein

Harvard University - Department of Economics

Downloads 2,120 (14,755)

Citation 1

Abstract:

Agency, Information and Corporate Investment

NBER Working Paper No. w8342

Number of pages: 90 Posted: 25 Jun 2001 Last Revised: 19 Oct 2022

Jeremy C. Stein

Harvard University - Department of Economics

Downloads 200 (302,688)

Citation 1

Abstract:

4.

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

Martin N. Baily, John Y. Campbell, John H. Cochrane, Douglas W. Diamond, Darrell Duffie, Kenneth R. French, Anil K. Kashyap, Frederic S. Mishkin, David S. Scharfstein, Robert J. Shiller, Matthew J. Slaughter, Hyun Song Shin, Jeremy C. Stein and René M. Stulz

Brookings Institution, Harvard University - Department of Economics, Hoover Institution, University of Chicago - Booth School of Business, Stanford University - Graduate School of Business, Dartmouth College - Tuck School of Business, University of Chicago, Booth School of Business, Columbia University - Columbia Business School, Finance, Harvard Business School - Finance Unit, Yale University - Cowles Foundation, Dartmouth College - Tuck School of Business, Bank for International Settlements (BIS), Harvard University - Department of Economics and Ohio State University (OSU) - Department of Finance

Downloads 1,997 (16,509)

Citation 4

Abstract:

5.

Market Liquidity as a Sentiment Indicator

Downloads 1,892 (18,072)

Citation 64

3

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 1,597 (23,023)

Citation 2

Abstract:

Market Liquidity as a Sentiment Indicator

NBER Working Paper No. w8816

Number of pages: 48 Posted: 28 Feb 2002 Last Revised: 05 Aug 2022

Malcolm P. Baker and Jeremy C. Stein

Harvard Business School and Harvard University - Department of Economics

Downloads 295 (206,088)

Citation 62

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:

6.

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

Downloads 1,555 (24,402)

Citation 76

4

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 1,229 (33,961)

Citation 3

Abstract:

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 171 (349,363)

Citation 6

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 Last Revised: 30 Nov 2022

Malcolm P. Baker, Jeffrey Wurgler and Jeremy C. Stein

Harvard Business School, NYU Stern School of Business and Harvard University - Department of Economics

Downloads 155 (380,277)

Citation 67

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.

Breadth of Ownership and Stock Returns

Downloads 1,369 (29,491)

Citation 82

2

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 1,064 (41,838)

Citation 81

Abstract:

Breadth of Ownership and Stock Returns

NBER Working Paper No. w8151

Number of pages: 49 Posted: 08 Mar 2001 Last Revised: 10 Oct 2022

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 305 (198,854)

Citation 1

Abstract:

8.

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

Downloads 1,128 (39,030)

Citation 21

2

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 981 (46,910)

Citation 21

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 Last Revised: 11 Jul 2022

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 147 (397,644)

Abstract:

9.

Dollar Funding and the Lending Behavior of Global Banks

Downloads 1,122 (39,345)

Citation 28

3

Dollar Funding and the Lending Behavior of Global Banks

Quarterly Journal of Economics, 130 (3), 1241-1281, 2015

Number of pages: 46 Posted: 06 Nov 2012 Last Revised: 15 Feb 2018

Victoria Ivashina, David S. Scharfstein and Jeremy C. Stein

Harvard University, Harvard Business School - Finance Unit and Harvard University - Department of Economics

Downloads 797 (62,439)

Citation 1

Abstract:

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

Victoria Ivashina, David S. Scharfstein and Jeremy C. Stein

Harvard University, Harvard Business School - Finance Unit and Harvard University - Department of Economics

Downloads 256 (238,399)

Citation 2

Abstract:

Dollar Funding and the Lending Behavior of Global Banks

NBER Working Paper No. w18528

Number of pages: 47 Posted: 11 Nov 2012 Last Revised: 16 Feb 2023

Victoria Ivashina, David S. Scharfstein and Jeremy C. Stein

Harvard University, Harvard Business School - Finance Unit and Harvard University - Department of Economics

Downloads 69 (672,919)

Citation 25

Abstract:

10.

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

Downloads 1,122 (39,345)

Citation 222

2

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

Number of pages: 51 Posted: 26 Dec 2001

Allen N. Berger, Nathan Miller, Mitchell A. Petersen, Raghuram G. Rajan and Jeremy C. Stein

University of South Carolina - Darla Moore School of Business, Georgetown University - McDonough School of Business, Northwestern University - Kellogg School of Management, University of Chicago - Booth School of Business and Harvard University - Department of Economics

Downloads 969 (47,803)

Citation 10

Abstract:

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 Last Revised: 02 Dec 2022

Allen N. Berger, Nathan Miller, Mitchell A. Petersen, Raghuram G. Rajan and Jeremy C. Stein

University of South Carolina - Darla Moore School of Business, Georgetown University - McDonough School of Business, Northwestern University - Kellogg School of Management, University of Chicago - Booth School of Business and Harvard University - Department of Economics

Downloads 153 (384,515)

Citation 212

Abstract:

11.

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

Stephen E. Usher, Daniel LaGattuta, Jeff Youngen and Jeremy C. Stein

NERA Economic Consulting, Marsh & McLennan Companies - New York Office, NERA Economic Consulting and Harvard University - Department of Economics

Downloads 1,118 (39,554)

Citation 3

Abstract:

12.

Social Interaction and Stock Market Participation

Downloads 1,002 (46,283)

Citation 47

2

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 841 (58,027)

Citation 39

Abstract:

Social Interaction and Stock-Market Participation

NBER Working Paper No. w8358

Number of pages: 48 Posted: 28 Jun 2001 Last Revised: 06 Apr 2022

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 161 (368,223)

Citation 8

Abstract:

13.

Differences of Opinion, Rational Arbitrage and Market Crashes

Downloads 855 (57,631)

Citation 2

2

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 729 (70,163)

Citation 1

Abstract:

Differences of Opinion, Rational Arbitrage and Market Crashes

NBER Working Paper No. w7376

Number of pages: 50 Posted: 14 Jul 2000 Last Revised: 27 Feb 2022

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 126 (450,109)

Citation 1

Abstract:

14.

Aggregate Short Interest and Market Valuations

Downloads 782 (64,964)

Citation 38

2

Aggregate Short Interest and Market Valuations

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 678 (77,014)

Citation 17

Abstract:

Aggregate Short Interest and Market Valuations

NBER Working Paper No. w10218

Number of pages: 12 Posted: 20 Jan 2004 Last Revised: 04 Dec 2022

Owen A. Lamont and Jeremy C. Stein

Harvard University - Department of Economics and Harvard University - Department of Economics

Downloads 104 (521,735)

Citation 21

Abstract:

15.

Information Production and Capital Allocation: Decentralized vs. Hierarchical Firms

Downloads 711 (73,618)

Citation 108

2

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 589 (92,238)

Citation 3

Abstract:

Information Production and Capital Allocation: Decentralized vs. Hierarchical Firms

NBER Working Paper No. w7705

Number of pages: 49 Posted: 12 Jun 2000 Last Revised: 23 Jul 2022

Jeremy C. Stein

Harvard University - Department of Economics

Downloads 122 (461,598)

Citation 105

Abstract:

16.

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

Downloads 705 (74,434)

Citation 15

3

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 632 (84,310)

Citation 15

Abstract:

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

NBER Working Paper No. w5961

Number of pages: 40 Posted: 26 Jul 2000 Last Revised: 17 Apr 2022

Owen A. Lamont and Jeremy C. Stein

Harvard University - Department of Economics and Harvard University - Department of Economics

Downloads 73 (652,583)

Abstract:

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

Posted: 17 Jun 1999

Owen A. Lamont and Jeremy C. Stein

Harvard University - Department of Economics and Harvard University - Department of Economics

Abstract:

17.

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 Last Revised: 14 Oct 2022

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 647 (82,955)

Citation 382

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 610 (89,380)

Citation 134

Abstract:

19.

Simple Forecasts and Paradigm Shifts

Downloads 607 (89,975)

Citation 24

2

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 541 (102,723)

Abstract:

Simple Forecasts and Paradigm Shifts

NBER Working Paper No. w10013

Number of pages: 52 Posted: 05 Oct 2003 Last Revised: 12 Nov 2022

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 66 (688,903)

Citation 24

Abstract:

20.

Investor Sentiment and Corporate Finance: Micro and Macro

Downloads 552 (101,452)

Citation 6

2

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 468 (122,580)

Abstract:

Investor Sentiment and Corporate Finance: Micro and Macro

NBER Working Paper No. w11882

Number of pages: 14 Posted: 04 Apr 2006 Last Revised: 21 Dec 2022

Owen A. Lamont and Jeremy C. Stein

Harvard University - Department of Economics and Harvard University - Department of Economics

Downloads 84 (601,200)

Citation 6

Abstract:

21.

Risk Management: Coordinating Corporate Investment and Financing Policies

NBER Working Paper No. w4084

Number of pages: 33 Posted: 29 Jan 2001 Last Revised: 31 Aug 2022

Kenneth Froot, David S. Scharfstein and Jeremy C. Stein

Harvard University Graduate School of Business, Harvard Business School - Finance Unit and Harvard University - Department of Economics

Downloads 522 (108,762)

Citation 57

Abstract:

22.

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

Downloads 514 (110,827)

Citation 18

2

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 399 (148,181)

Abstract:

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 Last Revised: 15 Jul 2022

Jeremy C. Stein

Harvard University - Department of Economics

Downloads 115 (483,437)

Citation 18

Abstract:

23.

Corporate Financing Decisions When Investors Take the Path of Least Resistance

Downloads 502 (114,066)

Citation 5

3

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 403 (146,480)

Abstract:

Corporate Financing Decisions When Investors Take the Path of Least Resistance

NBER Working Paper No. w10998

Number of pages: 51 Posted: 19 Jan 2005 Last Revised: 22 Jul 2022

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 99 (540,394)

Citation 5

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:

24.

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 Last Revised: 29 Nov 2022

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 454 (128,525)

Citation 54

Abstract:

25.

Convertible Bonds as "Back Door" Equity Financing

NBER Working Paper No. w4028

Number of pages: 32 Posted: 27 Apr 2000 Last Revised: 06 Jul 2022

Jeremy C. Stein

Harvard University - Department of Economics

Downloads 445 (132,007)

Citation 9

Abstract:

26.

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

Downloads 444 (132,007)

Citation 18

2

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 380 (156,447)

Abstract:

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

NBER Working Paper No. w11542

Number of pages: 44 Posted: 20 Sep 2005 Last Revised: 26 Dec 2022

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 64 (699,855)

Citation 18

Abstract:

27.

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

Robin M. Greenwood, Samuel Gregory Hanson and Jeremy C. Stein

Harvard Business School - Finance Unit, Harvard University - Business School (HBS) and Harvard University - Department of Economics

Downloads 414 (143,328)

Citation 76

Abstract:

28.

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

Downloads 390 (153,343)

Citation 12

2

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 304 (199,562)

Citation 2

Abstract:

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 Last Revised: 23 Jul 2022

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 86 (592,429)

Citation 10

Abstract:

29.

Credit-Market Sentiment and the Business Cycle

Downloads 380 (157,868)

Citation 76

3

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 Zakrajšek

Board of Governors of the Federal Reserve System, Harvard University - Department of Economics and Federal Reserve Bank of Boston

Downloads 209 (290,382)

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 Zakrajšek

Board of Governors of the Federal Reserve System, Harvard University - Department of Economics and Federal Reserve Bank of Boston

Downloads 130 (439,109)

Citation 1

Abstract:

Credit-Market Sentiment and the Business Cycle

NBER Working Paper No. w21879

Number of pages: 46 Posted: 20 Jan 2016 Last Revised: 14 Apr 2023

David Lopez-Salido, Jeremy C. Stein and Egon Zakrajšek

Board of Governors of the Federal Reserve System, Harvard University - Department of Economics and Federal Reserve Bank of Boston

Downloads 41 (854,938)

Citation 75

Abstract:

30.

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

Downloads 364 (165,529)

Citation 36

2

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

Mark A. Carlson, Burcu Duygan-Bump, Fabio M. Natalucci, William R. Nelson, Marcelo Ochoa, Jeremy C. Stein and Skander Van den Heuvel

Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System, 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 Board of Governors of the Federal Reserve System

Downloads 209 (290,382)

Citation 17

Abstract:

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: 31 May 2017

Mark A. Carlson, Burcu Duygan-Bump, Fabio M. Natalucci, William R. Nelson, Marcelo Ochoa, Jeremy C. Stein and Skander Van den Heuvel

Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System, 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 Board of Governors of the Federal Reserve System

Downloads 155 (380,277)

Citation 19

Abstract:

31.

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 359 (168,135)

Citation 30

Abstract:

32.

The Evolution of Buyout Pricing and Financial Structure

NBER Working Paper No. w3695

Number of pages: 51 Posted: 09 Jul 2004 Last Revised: 06 Feb 2022

Steven N. Kaplan and Jeremy C. Stein

University of Chicago - Booth School of Business and Harvard University - Department of Economics

Downloads 352 (171,682)

Citation 44

Abstract:

33.

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

Downloads 333 (182,390)

Citation 46

2

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 274 (222,471)

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 Last Revised: 23 Nov 2022

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 59 (728,680)

Citation 46

Abstract:

34.

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 311 (196,203)

Citation 31

Abstract:

35.

Do Hedge Funds Profit from Mutual-Fund Distress?

NBER Working Paper No. w13786

Number of pages: 49 Posted: 08 Feb 2008 Last Revised: 03 Sep 2022

Joseph Chen, Samuel Gregory Hanson, Harrison G. Hong and Jeremy C. Stein

University of California, Davis - Graduate School of Management, Harvard University - Business School (HBS), Columbia University, Graduate School of Arts and Sciences, Department of Economics and Harvard University - Department of Economics

Downloads 283 (216,652)

Abstract:

36.

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

Downloads 230 (266,343)

Citation 227

2

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 Last Revised: 08 Mar 2010

Anil K. Kashyap, Jeremy C. Stein and David W. Wilcox

University of Chicago, Booth School of Business, Harvard University - Department of Economics and Board of Governors of the Federal Reserve System

Downloads 122 (461,598)

Citation 219

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 Last Revised: 23 Dec 2022

Anil K. Kashyap, David W. Wilcox and Jeremy C. Stein

University of Chicago, Booth School of Business, Board of Governors of the Federal Reserve System and Harvard University - Department of Economics

Downloads 108 (507,074)

Citation 8

Abstract:

37.

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

Downloads 230 (266,343)

Citation 2

2

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 Last Revised: 08 Oct 2022

Kenneth Froot and Jeremy C. Stein

Harvard University Graduate School of Business and Harvard University - Department of Economics

Downloads 230 (264,997)

Citation 2

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

Harvard University Graduate School of Business and Harvard University - Department of Economics

Abstract:

38.

Conversations Among Competitors

Downloads 216 (282,715)

Citation 14

2

Conversations Among Competitors

Number of pages: 39 Posted: 27 Aug 2007

Jeremy C. Stein

Harvard University - Department of Economics

Downloads 164 (362,382)

Citation 2

Abstract:

Conversations Among Competitors

NBER Working Paper No. w13370

Number of pages: 40 Posted: 10 Sep 2007 Last Revised: 15 Jul 2022

Jeremy C. Stein

Harvard University - Department of Economics

Downloads 52 (773,489)

Citation 12

Abstract:

39.

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 Last Revised: 20 Nov 2022

Kenneth Froot, David S. Scharfstein and Jeremy C. Stein

Harvard University Graduate School of Business, Harvard Business School - Finance Unit and Harvard University - Department of Economics

Downloads 216 (282,715)

Citation 85

Abstract:

40.

Monetary Policy as Financial-Stability Regulation

Downloads 204 (298,210)

Citation 298

2

Monetary Policy as Financial-Stability Regulation

Number of pages: 51 Posted: 09 Mar 2011

Jeremy C. Stein

Harvard University - Department of Economics

Downloads 138 (418,548)

Citation 113

Abstract:

Monetary Policy as Financial-Stability Regulation

NBER Working Paper No. w16883

Number of pages: 52 Posted: 21 Mar 2011 Last Revised: 18 Feb 2023

Jeremy C. Stein

Harvard University - Department of Economics

Downloads 66 (688,903)

Citation 185

Abstract:

41.

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

NBER Working Paper No. w2914

Number of pages: 36 Posted: 23 Apr 2004 Last Revised: 19 Dec 2022

Kenneth Froot and Jeremy C. Stein

Harvard University Graduate School of Business and Harvard University - Department of Economics

Downloads 202 (300,964)

Citation 11

Abstract:

42.

The Impact of Monetary Policy on Bank Balance Sheets

NBER Working Paper No. w4821

Number of pages: 63 Posted: 01 Sep 2000 Last Revised: 06 Mar 2022

Anil K. Kashyap and Jeremy C. Stein

University of Chicago, Booth School of Business and Harvard University - Department of Economics

Downloads 194 (312,356)

Citation 81

Abstract:

43.

Monetary Policy and Bank Lending

NBER Working Paper No. w4317

Number of pages: 66 Posted: 19 Jun 2004 Last Revised: 26 Oct 2022

Anil K. Kashyap and Jeremy C. Stein

University of Chicago, Booth School of Business and Harvard University - Department of Economics

Downloads 188 (321,495)

Citation 13

Abstract:

44.

Rational Capital Budgeting in an Irrational World

Downloads 184 (327,803)

Citation 20

2

Rational Capital Budgeting in an Irrational World

NBER Working Paper No. w5496

Number of pages: 46 Posted: 13 Jul 2000 Last Revised: 10 Jul 2022

Jeremy C. Stein

Harvard University - Department of Economics

Downloads 184 (327,073)

Citation 20

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:

45.

Internal Versus External Capital Markets

NBER Working Paper No. w4776

Number of pages: 23 Posted: 27 Jul 2010 Last Revised: 22 Jul 2022

Robert H. Gertner, David S. Scharfstein and Jeremy C. Stein

University of Chicago - Finance, Harvard Business School - Finance Unit and Harvard University - Department of Economics

Downloads 179 (336,041)

Citation 12

Abstract:

46.

Banks as Patient Fixed Income Investors

Downloads 176 (341,067)

Citation 135

2

Banks as Patient Fixed Income Investors

FEDS Working Paper No. 2014-15

Number of pages: 49 Posted: 01 Mar 2014

Samuel Gregory Hanson, Andrei Shleifer, Jeremy C. Stein and Robert W. Vishny

Harvard University - Business School (HBS), Harvard University - Department of Economics, Harvard University - Department of Economics and University of Chicago - Booth School of Business

Downloads 118 (473,815)

Citation 3

Abstract:

Banks as Patient Fixed-Income Investors

NBER Working Paper No. w20288

Number of pages: 48 Posted: 24 Jul 2014 Last Revised: 09 Jun 2023

Samuel Gregory Hanson, Andrei Shleifer, Jeremy C. Stein and Robert W. Vishny

Harvard University - Business School (HBS), Harvard University - Department of Economics, Harvard University - Department of Economics and University of Chicago - Booth School of Business

Downloads 58 (734,784)

Citation 132

Abstract:

47.

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 University - Business School (HBS) and Harvard University - Department of Economics

Downloads 165 (360,726)

Citation 229

Abstract:

48.

The Decline of Big-Bank Lending to Small Business: Dynamic Impacts on Local Credit and Labor Markets

NBER Working Paper No. w23843

Number of pages: 59 Posted: 25 Sep 2017 Last Revised: 24 Feb 2023

Brian S. Chen, Samuel Gregory Hanson and Jeremy C. Stein

Harvard University - Department of Economics, Harvard University - Business School (HBS) and Harvard University - Department of Economics

Downloads 162 (366,425)

Citation 5

Abstract:

49.

Internal Capital Markets and the Competition for Corporate Resources

Downloads 158 (374,167)

2

Internal Capital Markets and the Competition for Corporate Resources

NBER Working Paper No. w5101

Number of pages: 43 Posted: 15 Sep 2000 Last Revised: 11 Dec 2022

Jeremy C. Stein

Harvard University - Department of Economics

Downloads 158 (374,127)

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:

50.

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 Last Revised: 26 Oct 2022

David S. Scharfstein and Jeremy C. Stein

Harvard Business School - Finance Unit and Harvard University - Department of Economics

Downloads 154 (382,285)

Citation 112

Abstract:

51.

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 Last Revised: 05 Oct 2022

Jeremy C. Stein

Harvard University - Department of Economics

Downloads 151 (388,662)

Citation 25

Abstract:

52.

A Gap-Filling Theory of Corporate Debt Maturity Choice

NBER Working Paper No. w14087

Number of pages: 51 Posted: 22 Jun 2008 Last Revised: 30 Dec 2022

Robin M. Greenwood, Samuel Gregory Hanson and Jeremy C. Stein

Harvard Business School - Finance Unit, Harvard University - Business School (HBS) and Harvard University - Department of Economics

Downloads 125 (451,152)

Citation 21

Abstract:

53.

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 Last Revised: 15 Dec 2022

Jeremy C. Stein

Harvard University - Department of Economics

Downloads 120 (465,441)

Citation 31

Abstract:

54.

Ldc Debt: Forgiveness, Indexation, and Investment Incentives

NBER Working Paper No. w2541

Number of pages: 27 Posted: 08 Jun 2004 Last Revised: 12 Dec 2022

Kenneth Froot, David S. Scharfstein and Jeremy C. Stein

Harvard University Graduate School of Business, Harvard Business School - Finance Unit and Harvard University - Department of Economics

Downloads 116 (477,686)

Abstract:

55.

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 Last Revised: 08 Oct 2022

Steven N. Kaplan and Jeremy C. Stein

University of Chicago - Booth School of Business and Harvard University - Department of Economics

Downloads 111 (493,475)

Abstract:

56.

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 Last Revised: 16 Jul 2022

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 104 (517,622)

Abstract:

57.

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 Last Revised: 21 Jul 2022

Anil K. Kashyap and Jeremy C. Stein

University of Chicago, Booth School of Business and Harvard University - Department of Economics

Downloads 104 (517,622)

Citation 19

Abstract:

58.

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 Last Revised: 06 Jul 2022

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 98 (539,103)

Citation 62

Abstract:

59.

Banking, Trade, and the Making of a Dominant Currency

NBER Working Paper No. w24485

Number of pages: 68 Posted: 12 Apr 2018 Last Revised: 28 May 2023

Gita Gopinath and Jeremy C. Stein

International Monetary Fund (IMF) and Harvard University - Department of Economics

Downloads 95 (550,155)

Citation 13

Abstract:

60.

Monetary Policy When the Central Bank Shapes Financial-Market Sentiment

Downloads 90 (569,057)

2

Monetary Policy When the Central Bank Shapes Financial-Market Sentiment

University of Chicago, Becker Friedman Institute for Economics Working Paper No. 2022-166

Number of pages: 31 Posted: 23 Dec 2022

Anil K. Kashyap and Jeremy C. Stein

University of Chicago, Booth School of Business and Harvard University - Department of Economics

Downloads 74 (647,519)

Abstract:

Monetary Policy When the Central Bank Shapes Financial-Market Sentiment

NBER Working Paper No. w30751

Number of pages: 30 Posted: 19 Dec 2022 Last Revised: 10 Jul 2023

Anil K. Kashyap and Jeremy C. Stein

University of Chicago, Booth School of Business and Harvard University - Department of Economics

Downloads 16 (1,111,876)

Abstract:

61.

Shareholder Trading Practices and Corporate Investment Horizons

NBER Working Paper No. w3638

Number of pages: 54 Posted: 13 Dec 2010 Last Revised: 05 Jan 2012

Kenneth Froot, André Perold and Jeremy C. Stein

Harvard University Graduate School of Business, Harvard Business School - Finance Unit and Harvard University - Department of Economics

Downloads 90 (569,057)

Citation 5

Abstract:

62.

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

NBER Working Paper No. w4782

Number of pages: 44 Posted: 25 Sep 1999 Last Revised: 28 Jul 2022

Jeremy C. Stein

Harvard University - Department of Economics

Downloads 87 (581,147)

Abstract:

63.

Central Banks as Dollar Lenders of Last Resort: Implications for Regulation and Reserve Holdings

Downloads 55 (737,601)

2

Central Banks as Dollar Lenders of Last Resort: Implications for Regulation and Reserve Holdings

IMF Working Paper No. 2023/008

Number of pages: 61 Posted: 01 Feb 2023

Mitali Das, Gita Gopinath, Taehoon Kim and Jeremy C. Stein

International Monetary Fund (IMF), International Monetary Fund (IMF), International Monetary Fund (IMF) and Harvard University - Department of Economics

Downloads 40 (863,258)

Abstract:

Central Banks as Dollar Lenders of Last Resort: Implications for Regulation and Reserve Holdings

NBER Working Paper No. w30787

Number of pages: 59 Posted: 26 Dec 2022 Last Revised: 05 Jul 2023

Mitali Das, Gita Gopinath, Taehoon Kim and Jeremy C. Stein

International Monetary Fund (IMF), International Monetary Fund (IMF), International Monetary Fund (IMF) and Harvard University - Department of Economics

Downloads 15 (1,124,280)

Abstract:

64.

Economic Budgeting for Endowment-Dependent Universities

Downloads 52 (756,320)

2

Economic Budgeting for Endowment-Dependent Universities

Number of pages: 21 Posted: 21 Jun 2024

John Y. Campbell, Jeremy C. Stein and Alex A. Wu

Harvard University - Department of Economics, Harvard University - Department of Economics and Harvard University

Downloads 36 (897,452)

Abstract:

Economic Budgeting for Endowment-Dependent Universities

NBER Working Paper No. w32506

Number of pages: 21 Posted: 28 May 2024

John Y. Campbell, Jeremy C. Stein and Alex A. Wu

Harvard University - Department of Economics, Harvard University - Department of Economics and Harvard University

Downloads 16 (1,111,876)

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Abstract:

65.

A Quantity-Driven Theory of Term Premia and Exchange Rates

NBER Working Paper No. w27615

Number of pages: 56 Posted: 04 Aug 2020 Last Revised: 16 Jun 2023

Robin M. Greenwood, Samuel Gregory Hanson, Jeremy C. Stein and Aditya Sunderam

Harvard Business School - Finance Unit, Harvard University - Business School (HBS), Harvard University - Department of Economics and Harvard University

Downloads 48 (782,538)

Citation 32

Abstract:

66.

Gradualism in Monetary Policy: A Time-Consistency Problem?

NBER Working Paper No. w21569

Number of pages: 44 Posted: 21 Sep 2015 Last Revised: 09 Jun 2023

Jeremy C. Stein and Aditya Sunderam

Harvard University - Department of Economics and Harvard University

Downloads 34 (890,693)

Abstract:

67.

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

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:

68.

Usx: Targeted Stock Restructuring

CASENET, SOUTH-WESTERN COLLEGE PUBLISHING

Posted: 29 Aug 1996

Jeremy C. Stein

Harvard University - Department of Economics

Jeremy C. Stein

Harvard University - Department of Economics

Moise Y. Safra Professor of Economics

National Bureau of Economic Research (NBER)

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