Alex Hsu

Georgia Institute of Technology - Scheller College of Business

Associate Professor

800 West Peachtree St.

Atlanta, GA 30308

United States

SCHOLARLY PAPERS

16

DOWNLOADS
Rank 14,968

SSRN RANKINGS

Top 14,968

in Total Papers Downloads

6,979

TOTAL CITATIONS
Rank 10,018

SSRN RANKINGS

Top 10,018

in Total Papers Citations

97

Scholarly Papers (16)

1.

Fiscal Policy Driven Bond Risk Premia

Number of pages: 100 Posted: 15 Sep 2016 Last Revised: 10 Apr 2019
Swiss Finance Institute - HEC Lausanne, Georgia Institute of Technology - Scheller College of Business and University of Notre Dame - Mendoza College of Business
Downloads 893 (57,317)
Citation 7

Abstract:

Loading...

Bond Risk Premia, Fiscal Policy, Uncertainty

2.

The Economic Impact of Right-to-Work Laws: Evidence from Collective Bargaining Agreements and Corporate Policies

Georgia Tech Scheller College of Business Research Paper No. 18-1
Number of pages: 91 Posted: 20 Dec 2017 Last Revised: 01 Aug 2019
Sudheer Chava, Andras Danis and Alex Hsu
Georgia Institute of Technology - Scheller College of Business, Central European University (CEU) and Georgia Institute of Technology - Scheller College of Business
Downloads 890 (57,679)
Citation 34

Abstract:

Loading...

Right to Work, Collective Bargaining, Unions, Wage Growth, Investment

3.

COVID-19 and the Cross-Section of Equity Returns: Impact and Transmission

Georgia Tech Scheller College of Business Research Paper No. 3588418, Swiss Finance Institute Research Paper No. 21-05
Number of pages: 58 Posted: 30 Apr 2020 Last Revised: 24 Aug 2023
Swiss Finance Institute - HEC Lausanne, Georgia Institute of Technology - Scheller College of Business, Georgia Institute of Technology - Scheller College of Business and University of Notre Dame - Mendoza College of Business
Downloads 706 (78,386)
Citation 16

Abstract:

Loading...

COVID-19, Equity Returns, Labor Supply, Uncertainty, Earnings Forecast

4.

The Real Response to Uncertainty Shocks: the Risk Premium Channel

Georgia Tech Scheller College of Business Research Paper No. 17-13
Number of pages: 73 Posted: 22 Mar 2017 Last Revised: 22 Aug 2023
Swiss Finance Institute - HEC Lausanne, Georgia Institute of Technology - Scheller College of Business and University of Notre Dame - Mendoza College of Business
Downloads 705 (78,533)
Citation 18

Abstract:

Loading...

Risk Aversion, Uncertainty, Conditional IRF, Dynamic Economies

Financial Constraints, Monetary Policy Shocks, and the Cross-Section of Equity Returns

Number of pages: 56 Posted: 23 Feb 2015 Last Revised: 26 Oct 2015
Sudheer Chava and Alex Hsu
Georgia Institute of Technology - Scheller College of Business and Georgia Institute of Technology - Scheller College of Business
Downloads 539 (109,068)
Citation 5

Abstract:

Loading...

Financial Constraint, Monetary Policy, Cash Flow News

Financial Constraints, Monetary Policy Shocks, and the Cross-Section of Equity Returns

Georgia Tech Scheller College of Business Research Paper No. 1
Number of pages: 57 Posted: 06 Nov 2015 Last Revised: 09 Nov 2015
Sudheer Chava and Alex Hsu
Georgia Institute of Technology - Scheller College of Business and Georgia Institute of Technology - Scheller College of Business
Downloads 139 (442,067)
Citation 1

Abstract:

Loading...

Financial Constraint, Monetary Policy, Cross-Section of Stock Returns

6.

Does History Repeat Itself? Business Cycle and Industry Returns

Georgia Tech Scheller College of Business Research Paper No. 17-24, Journal of Monetary Economics, Forthcoming
Number of pages: 62 Posted: 04 Jul 2016 Last Revised: 11 Nov 2019
Georgia Institute of Technology - Scheller College of Business, Georgia Institute of Technology - Scheller College of Business and Babson College - Finance Division
Downloads 601 (96,297)
Citation 4

Abstract:

Loading...

Business Cycle, Industry Returns, Sector Rotation Strategy, Cash Flow News

7.

Default Risk and the Pricing of U.S. Sovereign Bonds

Georgia Tech Scheller College of Business Research Paper No. 18-20
Number of pages: 112 Posted: 13 Jun 2018 Last Revised: 03 Apr 2024
Rice University, Georgia Institute of Technology - Scheller College of Business, McGill University - Desautels Faculty of Management and Georgia Institute of Technology - Scheller College of Business
Downloads 563 (104,582)
Citation 3

Abstract:

Loading...

Treasury, TIPS, Breakeven Inflation, Default risk, Recovery rates

8.

When It Rains It Pours: Cascading Uncertainty Shocks

Journal of Political Economy
Number of pages: 197 Posted: 30 Jul 2019 Last Revised: 30 Mar 2023
Board of Governors of the Federal Reserve System, Georgia Institute of Technology - Scheller College of Business and University of Notre Dame - Mendoza College of Business
Downloads 544 (109,422)
Citation 4

Abstract:

Loading...

Dynamic Equilibrium Economies; Stochastic Volatility; Perturbation; Path dependency..

The Fed Information Effect and the Profitability Channel of Monetary Policy: Evidence and Theory

Georgia Tech Scheller College of Business Research Paper No. 4451789
Number of pages: 55 Posted: 23 May 2023 Last Revised: 06 Mar 2025
Georgia Institute of Technology - Scheller College of Business, Federal Reserve Banks - Federal Reserve Bank of Atlanta, University of Delaware and Babson College - Finance Division
Downloads 217 (296,817)

Abstract:

Loading...

Monetary Policy, Fed Information Shocks, Heterogeneous Investment Response

The Profitability Channel of Monetary Policy Transmission

FRB Atlanta Working Paper No. 6
Number of pages: 42 Posted: 30 Aug 2023
Georgia Institute of Technology - Scheller College of Business, Federal Reserve Banks - Federal Reserve Bank of Atlanta and Babson College - Finance Division
Downloads 84 (640,770)

Abstract:

Loading...

monetary policy, Fed information shocks, investments, CAPM beta

The Fed Information Effect and Firm-Level Investment: Evidence and Theory

FRB Atlanta Working Paper No. 2023-6A
Number of pages: 49 Posted: 01 Apr 2024
Georgia Institute of Technology - Scheller College of Business, Federal Reserve Banks - Federal Reserve Bank of Atlanta, University of Delaware and Babson College - Finance Division
Downloads 81 (654,898)

Abstract:

Loading...

monetary policy, Fed information effect, heterogeneous investment response

10.

The Decline in Asset Return Predictability and Macroeconomic Volatility

FEDS Working Paper No. 2017-50
Number of pages: 75 Posted: 08 May 2017
Georgia Institute of Technology - Scheller College of Business, Board of Governors of the Federal Reserve System and Citigroup
Downloads 230 (282,122)

Abstract:

Loading...

11.

Implementing Stochastic Volatility in DSGE Models: A Comment

Georgia Tech Scheller College of Business Research Paper No. 17-40
Number of pages: 22 Posted: 21 Oct 2017 Last Revised: 01 Jul 2018
Swiss Finance Institute - HEC Lausanne, Georgia Institute of Technology - Scheller College of Business and University of Notre Dame - Mendoza College of Business
Downloads 212 (305,000)

Abstract:

Loading...

Dynamic equilibrium economies, Stochastic volatility, Perturbation, Matlab code

12.

Gone With the Vol: A Decline in Asset Return Predictability During the Great Moderation

Georgia Tech Scheller College of Business Research Paper No. 19-04
Number of pages: 70 Posted: 08 Feb 2019 Last Revised: 06 Apr 2022
Georgia Institute of Technology - Scheller College of Business, Board of Governors of the Federal Reserve System and Citigroup
Downloads 166 (380,907)

Abstract:

Loading...

Asset Return Predictability, Time-Varying Macroeconomic Volatility, Monetary Policy, Great Moderation

13.

The Declining Asset Return Predictability and Macroeconomic Volatility

Number of pages: 74 Posted: 02 Sep 2016 Last Revised: 25 Mar 2017
Georgia Institute of Technology - Scheller College of Business, Board of Governors of the Federal Reserve System and Citigroup
Downloads 123 (486,110)

Abstract:

Loading...

Return Predictability, Monetary Policy, Stochastic Volatility

14.

Real and Nominal Equilibrium Yield Curves with Endogenous Inflation: A Quantitative Assessment

Ross School of Business Paper No. 1256
Number of pages: 71 Posted: 02 Nov 2014 Last Revised: 20 Jun 2021
Georgia Institute of Technology - Scheller College of Business, Cheung Kong Graduate School of Business and University of Michigan, Stephen M. Ross School of Business
Downloads 106 (543,736)
Citation 3

Abstract:

Loading...

Term structure of interest rates, bond risk premia, monetary policy, nominal rigidities

15.

Real and Nominal Equilibrium Yield Curves: Wage Rigidities and Permanent Shocks

FEDS Working Paper No. 2016-32
Number of pages: 54 Posted: 22 Apr 2016 Last Revised: 21 Sep 2016
Georgia Institute of Technology - Scheller College of Business, Cheung Kong Graduate School of Business and Board of Governors of the Federal Reserve System
Downloads 98 (574,734)
Citation 2

Abstract:

Loading...

16.

Public Debt and Private Investment: The Role of Firm Leverage

Georgia Tech Scheller College of Business Research Paper No. 4994384
Number of pages: 68 Posted: 28 Oct 2024 Last Revised: 28 Mar 2025
Georgia Institute of Technology - Scheller College of Business, Bilkent University and University of Notre Dame - Mendoza College of Business
Downloads 82 (641,612)

Abstract:

Loading...

Fiscal Policy, Debt to GDP, Investment

Other Papers (1)

Total Downloads: 75
1.

When it Rains it Pours: Cascading Uncertainty Shocks

FEDS Working Paper No. 2020-64
Number of pages: 65 Posted: 25 Aug 2020 Last Revised: 23 Jun 2021
Board of Governors of the Federal Reserve System, Georgia Institute of Technology - Scheller College of Business and University of Notre Dame - Mendoza College of Business
Downloads 75

Abstract:

Loading...