Amir Kermani

University of California, Berkeley

Assistant Professor

2220 Piedmont Ave

Berkeley, CA 94720

United States

http://faculty.haas.berkeley.edu/amir/research/research.html

National Bureau of Economic Research (NBER)

1050 Massachusetts Avenue

Cambridge, MA 02138

United States

  • University of California, Berkeley

  • National Bureau of Economic Research (NBER)

SCHOLARLY PAPERS

16

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9,343

SSRN CITATIONS
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SSRN RANKINGS

Top 1,729

in Total Papers Citations

423

CROSSREF CITATIONS

308

Scholarly Papers (16)

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1.

The Relevance of Broker Networks for Information Diffusion in the Stock Market

Downloads 1,944 ( 11,707)
Citation 20

The Relevance of Broker Networks for Information Diffusion in the Stock Market

Swiss Finance Institute Research Paper No. 16-63, Harvard Business School Finance Working Paper
Number of pages: 74 Posted: 28 Oct 2016 Last Revised: 30 Aug 2018
Marco Di Maggio, Francesco A. Franzoni, Amir Kermani and Carlo Sommavilla
Harvard Business School, Universita della Svizzera italiana (USI Lugano), University of California, Berkeley and Università della Svizzera italiana (USI), Lugano; Swiss Finance Institute
Downloads 1,759 (13,475)
Citation 13

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broker networks, institutional investors, asset prices, information

The Relevance of Broker Networks for Information Diffusion in the Stock Market

Harvard Business School Finance Working Paper No. 18-001
Number of pages: 76 Posted: 05 Jul 2017
Marco Di Maggio, Francesco A. Franzoni, Amir Kermani and Carlo Sommavilla
Harvard Business School, Universita della Svizzera italiana (USI Lugano), University of California, Berkeley and Università della Svizzera italiana (USI), Lugano; Swiss Finance Institute
Downloads 168 (243,920)

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The Relevance of Broker Networks for Information Diffusion in the Stock Market

NBER Working Paper No. w23522
Number of pages: 75 Posted: 19 Jun 2017 Last Revised: 10 Apr 2022
Marco Di Maggio, Francesco A. Franzoni, Amir Kermani and Carlo Sommavilla
Harvard Business School, Universita della Svizzera italiana (USI Lugano), University of California, Berkeley and Università della Svizzera italiana (USI), Lugano; Swiss Finance Institute
Downloads 17 (742,726)

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2.

Monetary Policy Pass-Through: Household Consumption and Voluntary Deleveraging

Columbia Business School Research Paper No. 14-24
Number of pages: 77 Posted: 03 Sep 2014 Last Revised: 05 Dec 2014
Marco Di Maggio, Amir Kermani and Rodney Ramcharan
Harvard Business School, University of California, Berkeley and University of Southern California, Marshall School of Business
Downloads 1,380 (19,865)
Citation 48

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Monetary policy, Household finance, Refinancing, Contract rigidities, Debt rigidity, MPC, deleveraging

3.

Credit-Induced Boom and Bust

The Review of Financial Studies (Forthcoming)
Number of pages: 63 Posted: 08 Jul 2014 Last Revised: 22 Dec 2016
Marco Di Maggio and Amir Kermani
Harvard Business School and University of California, Berkeley
Downloads 1,118 (27,112)
Citation 43

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Great Recession, subprime, credit supply, credit expansion, household leverage, household debt, preemption rule

4.

How Quantitative Easing Works: Evidence on the Refinancing Channel

Downloads 1,034 ( 30,325)
Citation 42

How Quantitative Easing Works: Evidence on the Refinancing Channel

Columbia Business School Research Paper No. 16-1
Number of pages: 76 Posted: 09 Dec 2015 Last Revised: 06 Dec 2016
Marco Di Maggio, Amir Kermani and Christopher Palmer
Harvard Business School, University of California, Berkeley and MIT Sloan
Downloads 1,001 (31,301)
Citation 15

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Monetary policy, MBS, quantitative easing, LSAP, Refinancing, deleveraging, HARP, GSE

How Quantitative Easing Works: Evidence on the Refinancing Channel

NBER Working Paper No. w22638
Number of pages: 77 Posted: 20 Sep 2016 Last Revised: 11 May 2022
Marco Di Maggio, Amir Kermani and Christopher Palmer
Harvard Business School, University of California, Berkeley and MIT Sloan
Downloads 33 (620,516)
Citation 20

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5.

Unemployment Insurance as an Automatic Stabilizer: The Financial Channel

Downloads 716 ( 50,267)
Citation 7

Unemployment Insurance as an Automatic Stabilizer: The Financial Channel

Harvard Business School Finance Working Paper Forthcoming
Number of pages: 64 Posted: 08 Mar 2015 Last Revised: 22 May 2017
Marco Di Maggio and Amir Kermani
Harvard Business School and University of California, Berkeley
Downloads 695 (51,659)
Citation 3

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Unemployment insurance, automatic stabilizers, Bartik shocks, volatility, aggregate demand

The Importance of Unemployment Insurance as an Automatic Stabilizer

NBER Working Paper No. w22625
Number of pages: 72 Posted: 12 Sep 2016 Last Revised: 28 Apr 2022
Marco Di Maggio and Amir Kermani
Harvard Business School and University of California, Berkeley
Downloads 21 (708,604)
Citation 3

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6.

The Value of Trading Relationships in Turbulent Times

Downloads 710 ( 50,940)
Citation 71

The Value of Trading Relationships in Turbulent Times

Journal of Financial Economics (JFE), Forthcoming, Columbia Business School Research Paper No. 15-65
Number of pages: 54 Posted: 07 Jul 2015 Last Revised: 20 Jul 2016
Marco Di Maggio, Amir Kermani and Zhaogang Song
Harvard Business School, University of California, Berkeley and Johns Hopkins University - Carey Business School
Downloads 688 (52,422)
Citation 7

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OTC markets, network, corporate bonds, crisis, intermediation chains, leaning against the wind

The Value of Trading Relationships in Turbulent Times

NBER Working Paper No. w22332
Number of pages: 52 Posted: 13 Jun 2016 Last Revised: 08 Jan 2022
Marco Di Maggio, Amir Kermani and Zhaogang Song
Harvard Business School, University of California, Berkeley and Johns Hopkins University - Carey Business School
Downloads 22 (700,439)
Citation 43

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7.

Stock Market Returns and Consumption

Downloads 614 ( 61,345)
Citation 24

Stock Market Returns and Consumption

Journal of Finance, Forthcoming
Number of pages: 54 Posted: 24 Jan 2018 Last Revised: 06 May 2020
Marco Di Maggio, Amir Kermani and Kaveh Majlesi
Harvard Business School, University of California, Berkeley and Lund University
Downloads 579 (65,354)
Citation 21

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Capital gain, Dividend income, Consumption, Near-rational behavior

Stock Market Returns and Consumption

IZA Discussion Paper No. 11357
Number of pages: 58 Posted: 12 Mar 2018
Marco Di Maggio, Amir Kermani and Kaveh Majlesi
Harvard Business School, University of California, Berkeley and Lund University
Downloads 22 (700,439)

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capital gain, dividend income, consumption, near-rational behavior

Stock Market Returns and Consumption

NBER Working Paper No. w24262
Number of pages: 55 Posted: 29 Jan 2018 Last Revised: 17 Jul 2021
Marco Di Maggio, Amir Kermani and Kaveh Majlesi
Harvard Business School, University of California, Berkeley and Lund University
Downloads 13 (779,952)
Citation 5

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8.

The Value of Connections in Turbulent Times: Evidence from the United States

Downloads 471 ( 85,273)
Citation 131

The Value of Connections in Turbulent Times: Evidence from the United States

MIT Department of Economics Working Paper No. 13-22
Number of pages: 62 Posted: 08 Dec 2013
Daron Acemoglu, Simon Johnson, Amir Kermani, James Kwak and Todd Mitton
Massachusetts Institute of Technology (MIT) - Department of Economics, Massachusetts Institute of Technology (MIT) - Entrepreneurship Center, University of California, Berkeley, University of Connecticut - School of Law and Brigham Young University - J. Willard and Alice S. Marriott School of Management
Downloads 437 (92,268)
Citation 2

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political connections, economic crises, institutions

The Value of Connections in Turbulent Times: Evidence from the United States

NBER Working Paper No. w19701
Number of pages: 62 Posted: 10 Dec 2013 Last Revised: 02 May 2021
Daron Acemoglu, Simon Johnson, Amir Kermani, James Kwak and Todd Mitton
Massachusetts Institute of Technology (MIT) - Department of Economics, Massachusetts Institute of Technology (MIT) - Entrepreneurship Center, University of California, Berkeley, University of Connecticut - School of Law and Brigham Young University - J. Willard and Alice S. Marriott School of Management
Downloads 34 (614,092)
Citation 54

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9.

Does Skin‐in‐the‐Game Affect Security Performance?

Number of pages: 60 Posted: 17 Jul 2014 Last Revised: 18 Jan 2019
Adam B. Ashcraft, Kunal Gooriah and Amir Kermani
Federal Reserve Bank of New York, Federal Reserve Banks - Federal Reserve Bank of New York and University of California, Berkeley
Downloads 399 (103,388)
Citation 10

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skin-in-the-game, securitization, secondary market, commercial mortgage backed securities

10.

Partial Deregulation and Competition: Effects on Risky Mortgage Origination

Harvard Business School Finance Working Paper, Columbia Business School Research Paper No. 15-47
Number of pages: 55 Posted: 08 Apr 2015 Last Revised: 03 Mar 2017
Marco Di Maggio, Amir Kermani and Sanket Korgaonkar
Harvard Business School, University of California, Berkeley and University of Virginia - McIntire School of Commerce
Downloads 376 (110,636)
Citation 13

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Great Recession, subprime, complex mortgages, credit supply, competition, household debt, preemption rule

11.

Household Credit and Local Economic Uncertainty

Downloads 203 (206,699)

Household Credit and Local Economic Uncertainty

Number of pages: 44 Posted: 27 Jun 2017
Marco Di Maggio, Amir Kermani, Rodney Ramcharan and Edison G. Yu
Harvard Business School, University of California, Berkeley, University of Southern California, Marshall School of Business and Federal Reserve Bank of Philadelphia
Downloads 121 (316,854)

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Household Credit and Local Economic Uncertainty

FRB of Philadelphia Working Paper No. 17-21
Number of pages: 45 Posted: 04 Aug 2017
Marco Di Maggio, Amir Kermani, Rodney Ramcharan and Edison G. Yu
Harvard Business School, University of California, Berkeley, University of Southern California, Marshall School of Business and Federal Reserve Bank of Philadelphia
Downloads 82 (409,860)

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consumer credit, mortgages, credit cards, lending practices

12.

Racial Disparities in Housing Returns

Downloads 187 (222,298)

Racial Disparities in Housing Returns

Number of pages: 99 Posted: 18 May 2021 Last Revised: 05 Oct 2021
Amir Kermani and Francis Wong
University of California, Berkeley and National Bureau of Economic Research (NBER)
Downloads 175 (235,541)

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race, housing, wealth

Racial Disparities in Housing Returns

NBER Working Paper No. w29306
Number of pages: 100 Posted: 07 Oct 2021 Last Revised: 28 Jan 2022
Amir Kermani and Francis Wong
University of California, Berkeley and National Bureau of Economic Research (NBER)
Downloads 7 (840,485)
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Racial Disparities in Housing Returns

NBER Working Paper No. w29306
Number of pages: 100 Posted: 06 Oct 2021 Last Revised: 18 Nov 2021
Amir Kermani and Francis Wong
University of California, Berkeley and National Bureau of Economic Research (NBER)
Downloads 5 (861,583)
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13.

The Pass-Through of Uncertainty Shocks to Households

Downloads 137 (289,025)

The Pass-Through of Uncertainty Shocks to Households

Journal of Financial Economics (JFE), Forthcoming
Number of pages: 49 Posted: 18 Sep 2020 Last Revised: 26 Feb 2022
Marco Di Maggio, Amir Kermani, Rodney Ramcharan, Vincent Yao and Edison G. Yu
Harvard Business School, University of California, Berkeley, University of Southern California, Marshall School of Business, Georgia State University - J. Mack Robinson College of Business and Federal Reserve Bank of Philadelphia
Downloads 128 (305,627)

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Employment Risk, Consumption, Insurance

The Pass-Through of Uncertainty Shocks to Households

NBER Working Paper No. w27646
Number of pages: 25 Posted: 10 Aug 2020 Last Revised: 20 May 2022
Marco Di Maggio, Amir Kermani, Rodney Ramcharan, Vincent Yao and Edison G. Yu
Harvard Business School, University of California, Berkeley, University of Southern California, Marshall School of Business, Georgia State University - J. Mack Robinson College of Business and Federal Reserve Bank of Philadelphia
Downloads 9 (819,442)

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14.

Health Spending Slowed Down in Spite of the Crisis

FRB of NY Staff Report No. 781
Number of pages: 20 Posted: 29 Jun 2016 Last Revised: 02 Oct 2019
Marco Di Maggio, Andrew Haughwout, Amir Kermani, Matthew Mazewski and Maxim Pinkovskiy
Harvard Business School, Federal Reserve Bank of New York, University of California, Berkeley, Columbia University and Federal Reserve Bank of New York
Downloads 25 (657,066)

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health spending, Great Recession, anti-predatory lending

15.

Two Tales of Debt

NBER Working Paper No. w27641
Number of pages: 83 Posted: 10 Aug 2020 Last Revised: 18 Nov 2021
Amir Kermani and Yueran Ma
University of California, Berkeley and University of Chicago - Booth School of Business
Downloads 15 (734,670)
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16.

Asset Specificity of Non-Financial Firms

NBER Working Paper No. w27642
Number of pages: 73 Posted: 10 Aug 2020 Last Revised: 10 Jan 2022
Amir Kermani and Yueran Ma
University of California, Berkeley and University of Chicago - Booth School of Business
Downloads 14 (743,454)
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