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

13

DOWNLOADS
Rank 5,344

SSRN RANKINGS

Top 5,344

in Total Papers Downloads

16,055

TOTAL CITATIONS
Rank 3,463

SSRN RANKINGS

Top 3,463

in Total Papers Citations

253

Scholarly Papers (13)

Actions:
Email selected abstracts
1.

The Common Factor in Idiosyncratic Volatility: Quantitative Asset Pricing Implications

Downloads 3,600 ( 6,759)
Citation 146

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 3,460 (7,093)
Citation 2

Abstract:

Loading...

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 140 (433,456)
Citation 144

Abstract:

Loading...

2.

Firm Volatility in Granular Networks

Downloads 3,152 ( 7,632)
Citation 15

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 3,152 (8,210)
Citation 15

Abstract:

Loading...

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 2,769 (10,241)
Citation 7

Abstract:

Loading...

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 1,839 (19,744)
Citation 61

Abstract:

Loading...

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 1,068 (44,239)
Citation 2

Abstract:

Loading...

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 898 (56,256)
Citation 1

Abstract:

Loading...

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 857 (59,947)
Citation 1

Abstract:

Loading...

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

8.

Interdealer Price Dispersion and Intermediary Capacity

Number of pages: 128 Posted: 17 Oct 2022 Last Revised: 24 Sep 2024
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 - Tsinghua University School of Economics and Management
Downloads 697 (78,748)
Citation 1

Abstract:

Loading...

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

9.

The Redistributive Effects of Monetary Policy

Downloads 297 (106,180)
Citation 3

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 297 (213,597)
Citation 3

Abstract:

Loading...

Monetary policy, redistribution, networks

10.

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 511 (116,581)
Citation 15

Abstract:

Loading...

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

11.

Information Leakage from Short Sellers

Downloads 357 (176,596)

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 347 (180,618)

Abstract:

Loading...

short selling, securities lending, brokers, information leakage

Information Leakage from Short Sellers

NBER Working Paper No. w31927
Number of pages: 62 Posted: 11 Dec 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 10 (1,277,871)
  • Add to Cart

Abstract:

Loading...

12.

Interdealer Price Dispersion and Intermediary Capacity

NBER Working Paper No. w32998
Number of pages: 129 Posted: 30 Sep 2024
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 - Tsinghua University School of Economics and Management
Downloads 10 (1,231,712)
  • Add to Cart

Abstract:

Loading...

13.

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 (1,309,252)
Citation 1
  • Add to Cart

Abstract:

Loading...

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