Bernard Herskovic

University of California, Los Angeles (UCLA) - Anderson School of Management

Assistant Professor

Los Angeles, CA 90095-1481

United States

http://bernardherskovic.com

National Bureau of Economic Research (NBER)

1050 Massachusetts Avenue

Cambridge, MA 02138

United States

  • University of California, Los Angeles (UCLA) - Anderson School of Management

  • National Bureau of Economic Research (NBER)

SCHOLARLY PAPERS

12

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13,835

SSRN CITATIONS
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Top 3,454

in Total Papers Citations

306

CROSSREF CITATIONS

173

Scholarly Papers (12)

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1.

The Common Factor in Idiosyncratic Volatility: Quantitative Asset Pricing Implications

Downloads 3,332 ( 6,288)
Citation 167

The Common Factor in Idiosyncratic Volatility: Quantitative Asset Pricing Implications

Journal of Financial Economics (JFE), Forthcoming, Fama-Miller Working Paper, Chicago Booth Research Paper No. 12-54
Number of pages: 53 Posted: 12 Nov 2012 Last Revised: 15 Nov 2015
Bernard Herskovic, Bryan T. Kelly, Hanno N. Lustig and Stijn Van Nieuwerburgh
University of California, Los Angeles (UCLA) - Anderson School of Management, Yale SOM, Stanford Graduate School of Business and Columbia University Graduate School of Business
Downloads 3,254 (6,419)
Citation 2

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Firm volatility, Idiosyncratic risk, Cross-section of stock returns

The Common Factor in Idiosyncratic Volatility: Quantitative Asset Pricing Implications

NBER Working Paper No. w20076
Number of pages: 66 Posted: 28 Apr 2014 Last Revised: 11 May 2023
Bernard Herskovic, Bryan T. Kelly, Hanno N. Lustig and Stijn Van Nieuwerburgh
University of California, Los Angeles (UCLA) - Anderson School of Management, Yale SOM, Stanford Graduate School of Business and Columbia University Graduate School of Business
Downloads 78 (530,657)
Citation 111

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2.

Firm Volatility in Granular Networks

Downloads 2,914 ( 7,200)
Citation 54

Firm Volatility in Granular Networks

Chicago Booth Research Paper No. 12-56, Fama-Miller Working Paper
Number of pages: 69 Posted: 07 Dec 2012 Last Revised: 11 Jun 2020
Bernard Herskovic, Bryan T. Kelly, Hanno N. Lustig and Stijn Van Nieuwerburgh
University of California, Los Angeles (UCLA) - Anderson School of Management, Yale SOM, Stanford Graduate School of Business and Columbia University Graduate School of Business
Downloads 2,914 (7,635)
Citation 15

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Firm volatility, networks, firm size distribution, aggregate volatility, granularity

3.

Hedging Risk Factors

Number of pages: 83 Posted: 24 Mar 2018 Last Revised: 28 Sep 2019
Bernard Herskovic, Alan Moreira and Tyler Muir
University of California, Los Angeles (UCLA) - Anderson School of Management, University of Rochester - Simon Business School and University of California, Los Angeles (UCLA) - Anderson School of Management
Downloads 2,259 (11,602)
Citation 7

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Risk and Return, Equity Premium, Hedging, Asset Pricing Models, Factor Models

4.

Networks in Production: Asset Pricing Implications

Journal of Finance, Forthcoming
Number of pages: 42 Posted: 09 Jun 2015 Last Revised: 08 Aug 2018
Bernard Herskovic
University of California, Los Angeles (UCLA) - Anderson School of Management
Downloads 1,645 (19,101)
Citation 50

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Networks, Input-Output, Systematic Risk

5.

Acquiring Information Through Peers

Number of pages: 50 Posted: 03 Jun 2015 Last Revised: 25 Feb 2020
Bernard Herskovic and Joao Ramos
University of California, Los Angeles (UCLA) - Anderson School of Management and Marshall School of Business - University of Southern California
Downloads 923 (44,346)
Citation 2

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Network Formation, Information Acquisition, Coordination

6.

Income-Based Affirmative Action in College Admissions

Number of pages: 47 Posted: 14 Jul 2015 Last Revised: 31 Jan 2023
Luiz Brotherhood, Bernard Herskovic and Joao Ramos
University of Barcelona, University of California, Los Angeles (UCLA) - Anderson School of Management and Marshall School of Business - University of Southern California
Downloads 772 (56,576)
Citation 1

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Affirmative Action, Intergenerational Mobility, Educational Investment

7.

Micro Uncertainty and Asset Prices

Number of pages: 52 Posted: 13 Aug 2018 Last Revised: 29 Dec 2022
Bernard Herskovic, Thilo Kind and Howard Kung
University of California, Los Angeles (UCLA) - Anderson School of Management, London Business School and London Business School
Downloads 717 (62,442)
Citation 1

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Production-based asset pricing, Neoclassical Investment, Long-run risks, Cross-section of returns, Micro uncertainty, TFP

8.

The Redistributive Effects of Monetary Policy

Downloads 251 (103,389)
Citation 7

The Redistributive Effects of Monetary Policy

Number of pages: 49 Posted: 22 Mar 2017 Last Revised: 10 Dec 2017
Daniel Andrei, Bernard Herskovic and Olivier Ledoit
McGill University, University of California, Los Angeles (UCLA) - Anderson School of Management and University of Zurich - Department of Economics
Downloads 251 (208,115)
Citation 3

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Monetary policy, redistribution, networks

9.

OTC Intermediaries

Office of Financial Research Research Paper No. 18-05
Number of pages: 68 Posted: 10 Sep 2018 Last Revised: 28 May 2021
Andrea L. Eisfeldt, Bernard Herskovic, Sriram Rajan and Emil Siriwardane
UCLA Anderson School of Management, University of California, Los Angeles (UCLA) - Anderson School of Management, Government of the United States of America - Office of Financial Research and Harvard Business School - Finance Unit
Downloads 436 (115,491)
Citation 12

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OTC markets, networks, intermediaries, dealers, systemic risk, credit default swaps

10.

Interdealer Price Dispersion

Number of pages: 112 Posted: 17 Oct 2022 Last Revised: 14 Sep 2023
Andrea L. Eisfeldt, Bernard Herskovic and Shuo Liu
UCLA Anderson School of Management, University of California, Los Angeles (UCLA) - Anderson School of Management and Tsinghua University - School of Economics & Management
Downloads 402 (127,311)

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OTC markets, intermediaries, dealers, corporate bonds, interdealer price dispersion

11.

Information Leakage from Short Sellers

Number of pages: 61 Posted: 13 Feb 2023 Last Revised: 27 Nov 2023
Fernando Chague, Bruno Giovannetti and Bernard Herskovic
Getulio Vargas Foundation (FGV) - Sao Paulo School of Economics, Getulio Vargas Foundation (FGV) - Sao Paulo School of Economics and University of California, Los Angeles (UCLA) - Anderson School of Management
Downloads 184 (278,977)

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short selling, securities lending, brokers, information leakage

12.

Firm Volatility in Granual Networks

CEPR Discussion Paper No. DP12284
Number of pages: 50 Posted: 11 Sep 2017
Bernard Herskovic, Bryan T. Kelly, Hanno N. Lustig and Stijn Van Nieuwerburgh
University of California, Los Angeles (UCLA) - Anderson School of Management, Yale SOM, Stanford Graduate School of Business and Columbia University Graduate School of Business
Downloads 0 (1,055,237)
Citation 1
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Abstract:

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aggregate volatility, firm size distribution, Firm volatility, granularity, networks