Lawrence Schmidt

MIT Sloan School of Management

77 Massachusetts Avenue

Cambridge, MA 02139-4307

United States

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

SCHOLARLY PAPERS

10

DOWNLOADS
Rank 3,677

SSRN RANKINGS

Top 3,677

in Total Papers Downloads

10,174

CITATIONS
Rank 18,570

SSRN RANKINGS

Top 18,570

in Total Papers Citations

17

Scholarly Papers (10)

1.

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

Number of pages: 51 Posted: 02 Jan 2019 Last Revised: 12 Apr 2019
University of Chicago - Booth School of Business, Inalytics Limited, Carnegie Mellon University - Department of Social and Decision Sciences and MIT Sloan School of Management
Downloads 6,276 (973)

Abstract:

Loading...

behavioral finance; limited attention; heuristics; performance evaluation

2.
Downloads 1,109 ( 11,492)
Citation 8

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 1,109 (17,573)
Citation 8

Abstract:

Loading...

Money market mutual funds; bank runs; strategic complementarities

3.

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

Number of pages: 105 Posted: 26 Jul 2014 Last Revised: 15 Mar 2016
Lawrence Schmidt
MIT Sloan School of Management
Downloads 1,137 (17,236)

Abstract:

Loading...

4.
Downloads 582 ( 44,311)

Pockets of Predictability

Number of pages: 80 Posted: 29 Mar 2018 Last Revised: 19 Apr 2019
Leland Farmer, Lawrence Schmidt and Allan Timmermann
University of Virginia, MIT Sloan School of Management and UCSD
Downloads 582 (43,709)

Abstract:

Loading...

Predictability of stock returns; incomplete learning; Markov switching predictive systems; cash flows; 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.

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 360 (79,838)
Citation 1

Abstract:

Loading...

Quantile Regression, Quantile Crossing Problem

6.

Bad News and Robust Comparative Statics for the Elasticity of Intertemporal Substitution

Number of pages: 25 Posted: 04 Jan 2015 Last Revised: 06 May 2018
Lawrence Schmidt and Alexis Akira Toda
MIT Sloan School of Management and University of California, San Diego (UCSD) - Department of Economics
Downloads 352 (81,913)

Abstract:

Loading...

elasticity of intertemporal substitution, optimal portfolio problem, recursive preferences

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: 26 Mar 2019
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 173 (168,371)

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
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

8.

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 169 (171,869)

Abstract:

Loading...

Layoff risk, monetary policy, heterogeneous agents, business cycles

9.

Real risk or paper risk? Mis-measured factors, granular measurement errors, and empirical asset pricing tests

Number of pages: 90
Sung Je Byun and Lawrence Schmidt
Federal Reserve Banks - Federal Reserve Bank of Dallas and MIT Sloan School of Management
Downloads 13

Abstract:

Loading...

Risk-return trade-off; Idiosyncratic risk; Empirical asset pricing

10.

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 (607,492)
Citation 8
  • Add to Cart

Abstract:

Loading...

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