Lawrence Schmidt

MIT Sloan School of Management

77 Massachusetts Avenue

Cambridge, MA 02139-4307

United States

http://https://sites.google.com/site/lawrencedwschmidt/home

  • MIT Sloan School of Management

SCHOLARLY PAPERS

17

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20,416

SSRN CITATIONS
Rank 5,380

SSRN RANKINGS

Top 5,380

in Total Papers Citations

232

CROSSREF CITATIONS

68

Scholarly Papers (17)

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1.

Selling Fast and Buying Slow: Heuristics and Trading Performance of Institutional Investors

Downloads 12,283 ( 639)
Citation 13

Selling Fast and Buying Slow: Heuristics and Trading Performance of Institutional Investors

Number of pages: 92 Posted: 02 Jan 2019 Last Revised: 20 Jul 2021
Klakow Akepanidtaworn, Rick Di Mascio, Alex Imas and Lawrence Schmidt
University of Chicago - Booth School of Business, Inalytics Limited, University of Chicago - Booth School of Business and MIT Sloan School of Management
Downloads 12,222 (638)
Citation 8

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Heuristics, Behavioral Finance, Expert Decision-Making, Limited Attention

Selling Fast and Buying Slow: Heuristics and Trading Performance of Institutional Investors

NBER Working Paper No. w29076
Number of pages: 55 Posted: 26 Jul 2021 Last Revised: 12 Jun 2023
Klakow Akepanidtaworn, Rick Di Mascio, Alex Imas and Lawrence Schmidt
University of Chicago - Booth School of Business, Inalytics Limited, University of Chicago - Booth School of Business and MIT Sloan School of Management
Downloads 61 (589,857)
Citation 8

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2.

Pockets of Predictability

Downloads 1,865 (15,172)
Citation 28

Pockets of Predictability

Journal of Finance, Forthcoming
Number of pages: 113 Posted: 29 Mar 2018 Last Revised: 14 Feb 2022
Leland E. Farmer, Lawrence Schmidt and Allan Timmermann
University of Virginia, MIT Sloan School of Management and UCSD
Downloads 1,865 (14,923)
Citation 27

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Out-of-sample return predictability; time-varying expected returns; sticky expectations; affine asset pricing models

Pockets of Predictability

CEPR Discussion Paper No. DP12885
Number of pages: 72 Posted: 23 Apr 2018
Leland E. Farmer, Lawrence Schmidt and Allan Timmermann
University of Virginia, MIT Sloan School of Management and UCSD
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Predictability of stock returns; incomplete learning; Markov switching predictive systems; cash flows; affine asset pricing models.

3.

Runs on Money Market Mutual Funds

Downloads 1,375 (15,759)
Citation 74

Runs on Money Market Mutual Funds

Number of pages: 60 Posted: 14 Mar 2011 Last Revised: 12 Sep 2015
Lawrence Schmidt, Allan Timmermann and Russ Wermers
MIT Sloan School of Management, UCSD and University of Maryland - Robert H. Smith School of Business
Downloads 1,375 (23,772)
Citation 43

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Money market mutual funds; bank runs; strategic complementarities

4.

Working Remotely and the Supply-Side Impact of COVID-19

Downloads 834 (49,319)
Citation 24

Working Remotely and the Supply-Side Impact of COVID-19

Number of pages: 68 Posted: 02 Jun 2020 Last Revised: 13 Aug 2021
Dimitris Papanikolaou and Lawrence Schmidt
Northwestern University - Kellogg School of Management - Department of Finance and MIT Sloan School of Management
Downloads 709 (60,429)
Citation 1

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Working Remotely and the Supply-Side Impact of Covid-19

NBER Working Paper No. w27330
Number of pages: 51 Posted: 10 Jun 2020 Last Revised: 06 Mar 2022
Dimitris Papanikolaou and Lawrence Schmidt
Northwestern University - Kellogg School of Management - Department of Finance and MIT Sloan School of Management
Downloads 125 (372,701)
Citation 24

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5.

Technology, Vintage-Specific Human Capital, and Labor Displacement: Evidence from Linking Patents with Occupations

Downloads 711 (61,055)
Citation 1

Technology, Vintage-Specific Human Capital, and Labor Displacement: Evidence from Linking Patents with Occupations

Number of pages: 89 Posted: 06 May 2020 Last Revised: 29 Aug 2022
Leonid Kogan, Dimitris Papanikolaou, Lawrence Schmidt and Bryan Seegmiller
Massachusetts Institute of Technology (MIT) - Sloan School of Management, Northwestern University - Kellogg School of Management - Department of Finance, MIT Sloan School of Management and Northwestern University - Kellogg School of Management
Downloads 697 (61,821)

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Technology, Vintage-Specific Human Capital, and Labor Displacement: Evidence from Linking Patents with Occupations

NBER Working Paper No. w29552
Number of pages: 62 Posted: 13 Dec 2021 Last Revised: 16 Apr 2023
Leonid Kogan, Dimitris Papanikolaou, Lawrence Schmidt and Bryan Seegmiller
Massachusetts Institute of Technology (MIT) - Sloan School of Management, Northwestern University - Kellogg School of Management - Department of Finance, MIT Sloan School of Management and Northwestern University - Kellogg School of Management
Downloads 14 (938,826)
Citation 1
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6.

Quantile Spacings: A Simple Method for the Joint Estimation of Multiple Quantiles Without Crossing

Number of pages: 64 Posted: 20 Feb 2013 Last Revised: 20 Jul 2016
Lawrence Schmidt and Yinchu Zhu
MIT Sloan School of Management and University of Oregon
Downloads 639 (70,097)
Citation 5

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Quantile Regression, Quantile Crossing Problem

7.

Robust Comparative Statics for the Elasticity of Intertemporal Substitution

Number of pages: 39 Posted: 04 Jan 2015 Last Revised: 28 Jan 2022
Joel P. Flynn, Lawrence Schmidt and Alexis Akira Toda
Yale University, MIT Sloan School of Management and University of California, San Diego (UCSD) - Department of Economics
Downloads 500 (95,055)

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elasticity of intertemporal substitution, optimal portfolio problem, recursive preferences

8.

Climbing and Falling Off the Ladder: Asset Pricing Implications of Labor Market Event Risk

Number of pages: 111 Posted: 26 Jul 2014 Last Revised: 10 Oct 2022
Lawrence Schmidt
MIT Sloan School of Management
Downloads 449 (108,098)
Citation 37

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9.

Idiosyncratic financial risk and a reevaluation of the market risk-return tradeoff

Number of pages: 122 Posted: 30 Apr 2019 Last Revised: 29 Jan 2023
Sung Je Byun, Johnathan Loudis and Lawrence Schmidt
Federal Reserve Bank of Dallas - Banking Supervision, University of Notre Dame - Mendoza College of Business and MIT Sloan School of Management
Downloads 358 (140,120)

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Risk-Return Trade-Off; Idiosyncratic Risk; Empirical Asset Pricing

10.

Investor Information Acquisition and Money Market Fund Risk Rebalancing During the 2011-12 Eurozone Crisis

Downloads 350 (143,583)
Citation 22

Investor Information Acquisition and Money Market Fund Risk Rebalancing During the 2011-12 Eurozone Crisis

Robert H. Smith School Research Paper No. RHS 2886171
Number of pages: 78 Posted: 16 Dec 2016 Last Revised: 15 Dec 2019
Emily Gallagher, Lawrence Schmidt, Allan Timmermann and Russ Wermers
University of Colorado at Boulder - Department of Finance, MIT Sloan School of Management, UCSD and University of Maryland - Robert H. Smith School of Business
Downloads 350 (142,575)
Citation 24

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Money market funds, Eurozone crisis, financial fragility, endogenous information acqui- sition, transparency in short-term funding markets

Transparency, Investor Information Acquisition, and Money Market Fund Risk Rebalancing During the 2011-12 Eurozone Crisis

CEPR Discussion Paper No. DP11895
Number of pages: 68 Posted: 16 Mar 2017
Emily Gallagher, Lawrence Schmidt, Allan Timmermann and Russ Wermers
University of Colorado at Boulder - Department of Finance, MIT Sloan School of Management, UCSD and University of Maryland - Robert H. Smith School of Business
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endogenous information acquisition, eurozone crisis, financial fragility, Money market funds, transparency in short-term funding markets

11.

Technological Innovation and Labor Income Risk

Downloads 341 (147,716)
Citation 2

Technological Innovation and Labor Income Risk

Number of pages: 98 Posted: 25 Jun 2020 Last Revised: 08 Jul 2021
Leonid Kogan, Dimitris Papanikolaou, Lawrence Schmidt and Jae Song
Massachusetts Institute of Technology (MIT) - Sloan School of Management, Northwestern University - Kellogg School of Management - Department of Finance, MIT Sloan School of Management and U.S. Social Security Administration
Downloads 288 (175,583)

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Technological Innovation and Labor Income Risk

Number of pages: 98 Posted: 13 Jul 2020 Last Revised: 07 Jun 2021
Leonid Kogan, Dimitris Papanikolaou, Lawrence Schmidt, Jae Song and Boston College Center for Retirement Research
Massachusetts Institute of Technology (MIT) - Sloan School of Management, Northwestern University - Kellogg School of Management - Department of Finance, MIT Sloan School of Management, U.S. Social Security Administration and Boston College
Downloads 28 (806,074)

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Technological Innovation and Labor Income Risk

NBER Working Paper No. w26964
Number of pages: 99 Posted: 13 Apr 2020 Last Revised: 06 Mar 2022
Leonid Kogan, Dimitris Papanikolaou, Lawrence Schmidt and Jae Song
Massachusetts Institute of Technology (MIT) - Sloan School of Management, Northwestern University - Kellogg School of Management - Department of Finance, MIT Sloan School of Management and U.S. Social Security Administration
Downloads 25 (831,954)
Citation 2

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12.

Layoff Risk, the Welfare Cost of Business Cycles, and Monetary Policy

Number of pages: 65 Posted: 14 Sep 2015 Last Revised: 12 Apr 2019
David Berger, Ian Dew-Becker, Lawrence Schmidt and Yuta Takahashi
Northwestern University, Kellogg School of Management - Department of Finance, MIT Sloan School of Management and Northwestern University
Downloads 338 (149,090)
Citation 9

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Layoff risk, monetary policy, heterogeneous agents, business cycles

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textual analysis, measuring document similarity

14.

How Do Health Insurance Costs Affect Firm Labor Composition and Technology Investment?

Number of pages: 56 Posted: 10 Jul 2023
Janet Gao, Shan Ge, Lawrence Schmidt and Cristina Tello-Trillo
McDonough School of Business, New York University (NYU) - Department of Finance, MIT Sloan School of Management and Government of the United States of America - Bureau of the Census
Downloads 144 (333,133)

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Health insurance, insurer losses, worker skills, firm employment, labor composition, inequality, technology investment, automation

15.

Changing Income Risk across the US Skill Distribution: Evidence from a Generalized Kalman Filter

Number of pages: 117 Posted: 14 Dec 2021 Last Revised: 07 Jul 2022
J. Carter Braxton, Kyle Herkenhoff, Jonathan Rothbaum and Lawrence Schmidt
University of Wisconsin - Madison - Univeristy of Wisconsin-Madison, University of Minnesota - Minneapolis, U.S. Census Bureau, Social, Economic, and Housing Statistics Division and MIT Sloan School of Management
Downloads 68 (549,154)

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Income Risk, Persistent and Temporary Earnings, Human Capital, Incompete Markets, Income Process Estimation

16.

Changing Income Risk Across the Us Skill Distribution: Evidence from a Generalized Kalman Filter

NBER Working Paper No. w29567
Number of pages: 108 Posted: 13 Dec 2021 Last Revised: 16 Apr 2023
J. Carter Braxton, Kyle Herkenhoff, Jonathan Rothbaum and Lawrence Schmidt
University of Wisconsin - Parkside - University of Wisconsin, University of Minnesota - Minneapolis, U.S. Census Bureau, Social, Economic, and Housing Statistics Division and MIT Sloan School of Management
Downloads 5 (989,693)
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17.

Runs on Money Market Funds

CEPR Discussion Paper No. DP9906
Number of pages: 63 Posted: 02 Jun 2014
Lawrence Schmidt, Allan Timmermann and Russ Wermers
MIT Sloan School of Management, UCSD and University of Maryland - Robert H. Smith School of Business
Downloads 3 (1,004,767)
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bank runs, money market mutual funds, quantile regression, strategic complementarities