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

16

DOWNLOADS
Rank 2,989

SSRN RANKINGS

Top 2,989

in Total Papers Downloads

17,149

SSRN CITATIONS
Rank 7,166

SSRN RANKINGS

Top 7,166

in Total Papers Citations

110

CROSSREF CITATIONS

72

Scholarly Papers (16)

Actions:
Email selected abstracts
1.

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

Downloads 11,313 ( 584)
Citation 6

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 11,302 (578)
Citation 8

Abstract:

Loading...

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: 18 Nov 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 11 (798,868)
  • Add to Cart

Abstract:

Loading...

2.

Runs on Money Market Mutual Funds

Downloads 1,264 ( 14,707)
Citation 44

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 1,264 (22,245)
Citation 43

Abstract:

Loading...

Money market mutual funds; bank runs; strategic complementarities

3.

Pockets of Predictability

Downloads 1,238 ( 23,327)
Citation 15

Pockets of Predictability

Journal of Finance, Forthcoming
Number of pages: 113 Posted: 29 Mar 2018 Last Revised: 14 Feb 2022
Leland Farmer, Lawrence Schmidt and Allan Timmermann
University of Virginia, MIT Sloan School of Management and UCSD
Downloads 1,238 (22,943)
Citation 21

Abstract:

Loading...

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 Farmer, Lawrence Schmidt and Allan Timmermann
University of Virginia, MIT Sloan School of Management and UCSD
Downloads 0
  • Add to Cart

Abstract:

Loading...

Predictability of stock returns; incomplete learning; Markov switching predictive systems; cash flows; affine asset pricing models.

4.

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

Downloads 753 ( 47,009)
Citation 11

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 642 (57,183)
Citation 1

Abstract:

Loading...

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 111 (336,751)
Citation 10

Abstract:

Loading...

5.

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 578 (66,188)
Citation 7

Abstract:

Loading...

Quantile Regression, Quantile Crossing Problem

6.

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
Massachusetts Institute of Technology (MIT) - Department of Economics, MIT Sloan School of Management and University of California, San Diego (UCSD) - Department of Economics
Downloads 457 (88,312)

Abstract:

Loading...

elasticity of intertemporal substitution, optimal portfolio problem, recursive preferences

7.

Technology-Skill Complementarity and Labor Displacement: Evidence from Linking Two Centuries of Patents with Occupations

Downloads 394 (104,842)

Technology-Skill Complementarity and Labor Displacement: Evidence from Linking Two Centuries of Patents with Occupations

Number of pages: 93 Posted: 06 May 2020 Last Revised: 07 Dec 2021
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 Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 385 (106,815)

Abstract:

Loading...

Technology-Skill Complementarity and Labor Displacement: Evidence from Linking Two Centuries of Patents with Occupations

NBER Working Paper No. w29552
Number of pages: 68 Posted: 13 Dec 2021 Last Revised: 01 Apr 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 Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 9 (818,821)
  • Add to Cart

Abstract:

Loading...

8.

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

Downloads 304 (139,229)
Citation 11

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 304 (138,524)
Citation 14

Abstract:

Loading...

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
Downloads 0
  • Add to Cart

Abstract:

Loading...

endogenous information acquisition, eurozone crisis, financial fragility, Money market funds, transparency in short-term funding markets

9.

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 277 (153,121)
Citation 9

Abstract:

Loading...

Layoff risk, monetary policy, heterogeneous agents, business cycles

10.

Technological Innovation and Labor Income Risk

Downloads 216 (195,034)

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 190 (219,030)

Abstract:

Loading...

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 17 (742,266)

Abstract:

Loading...

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 9 (818,821)

Abstract:

Loading...

11.

Real Risk or Paper Risk? Mis-Measured Factors, Granular Measurement Errors, and Empirical Asset Pricing Tests

Number of pages: 65 Posted: 30 Apr 2019 Last Revised: 14 Feb 2020
Sung Je Byun and Lawrence Schmidt
Federal Reserve Banks - Federal Reserve Bank of Dallas and MIT Sloan School of Management
Downloads 209 (201,049)

Abstract:

Loading...

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

12.

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

Number of pages: 120 Posted: 26 Jul 2014 Last Revised: 21 Mar 2022
Lawrence Schmidt
MIT Sloan School of Management
Downloads 99 (361,329)
Citation 37

Abstract:

Loading...

13.

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

Number of pages: 107 Posted: 14 Dec 2021
John Braxton, Kyle Herkenhoff, Jonathan Rothbaum and Lawrence Schmidt
Federal Reserve Bank of Kansas City, University of Minnesota - Minneapolis, U.S. Census Bureau, Social, Economic, and Housing Statistics Division and MIT Sloan School of Management
Downloads 25 (656,651)

Abstract:

Loading...

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

14.

Measuring Document Similarity with Word Embeddings

Number of pages: 13 Posted: 20 Apr 2022
Bryan Seegmiller, Dimitris Papanikolaou and Lawrence Schmidt
Massachusetts Institute of Technology (MIT) - Sloan School of Management, affiliation not provided to SSRN and MIT Sloan School of Management
Downloads 15 (734,158)

Abstract:

Loading...

textual analysis, measuring document similarity

15.

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 2022
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 4 (837,846)
  • Add to Cart

Abstract:

Loading...

16.

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 (848,889)
  • Add to Cart

Abstract:

Loading...

bank runs, money market mutual funds, quantile regression, strategic complementarities