Lorenzo Garlappi

University of British Columbia (UBC) - Sauder School of Business

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  • University of British Columbia (UBC) - Sauder School of Business

SCHOLARLY PAPERS

30

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Top 1,454

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523

CROSSREF CITATIONS

506

Scholarly Papers (30)

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1.

1/N

Downloads 4,399 ( 3,775)
Citation 10

1/N

EFA 2006 Zurich Meetings
Number of pages: 54 Posted: 23 Jun 2006
Victor DeMiguel, Lorenzo Garlappi and Raman Uppal
London Business School, University of British Columbia (UBC) - Sauder School of Business and EDHEC Business School
Downloads 2,923 (7,315)
Citation 9

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Portfolio choice, asset allocation, investment management

How Inefficient are Simple Asset-Allocation Strategies?

Number of pages: 77 Posted: 03 Mar 2005
Lorenzo Garlappi, Victor DeMiguel and Raman Uppal
University of British Columbia (UBC) - Sauder School of Business, London Business School and EDHEC Business School
Downloads 1,476 (21,342)
Citation 5

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Portfolio choice, asset allocation, investment management

2.

The Troves of Academe: Asset Allocation, Risk Budgeting, and the Investment Performance of University Endowment Funds

McCombs Research Paper Series No. FIN-03-07
Number of pages: 58 Posted: 23 Apr 2007 Last Revised: 14 Jul 2008
Keith C. Brown, Cristian Ioan Tiu and Lorenzo Garlappi
University of Texas at Austin - Department of Finance, University at Buffalo and University of British Columbia (UBC) - Sauder School of Business
Downloads 1,913 (14,557)
Citation 4

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Endowment funds, Asset allocation, Return attribution, Investment performance

3.

Does Climate Change Affect Real Estate Prices? Only If You Believe in It

Number of pages: 55 Posted: 11 Sep 2018 Last Revised: 04 Sep 2019
Markus Baldauf, Lorenzo Garlappi and Constantine Yannelis
University of British Columbia (UBC) - Division of Finance, University of British Columbia (UBC) - Sauder School of Business and University of Chicago
Downloads 1,752 (16,678)
Citation 159

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Heterogeneous beliefs, climate change, real estate prices

4.

Financial Distress and the Cross Section of Equity Returns

Journal of Finance, Forthcoming
Number of pages: 74 Posted: 21 Mar 2007 Last Revised: 25 Jun 2010
Lorenzo Garlappi and Hong Yan
University of British Columbia (UBC) - Sauder School of Business and Shanghai Jiao Tong University (SJTU) - Shanghai Advanced Institute of Finance (SAIF)
Downloads 1,723 (17,152)
Citation 67

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Financial distress, value premium, momentum, growth options

5.

Keynes Meets Markowitz: The Tradeoff Between Familiarity and Diversification

Downloads 967 (40,052)
Citation 68

Keynes Meets Markowitz: The Tradeoff Between Familiarity and Diversification

AFA 2010 Atlanta Meetings Paper
Number of pages: 44 Posted: 19 Mar 2009 Last Revised: 16 Sep 2009
Phelim P. Boyle, Lorenzo Garlappi, Raman Uppal and Tan Wang
Wilfrid Laurier University - School of Business & Economics, University of British Columbia (UBC) - Sauder School of Business, EDHEC Business School and University of British Columbia (UBC) - Division of Finance
Downloads 565 (80,650)
Citation 10

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Investment, portfolio choice, ambiguity, robust control

Keynes Meets Markowitz: The Tradeoff between Familiarity and Diversification

EFA 2009 Bergen Meetings Paper
Number of pages: 44 Posted: 16 Feb 2009 Last Revised: 16 Sep 2009
Phelim P. Boyle, Lorenzo Garlappi, Raman Uppal and Tan Wang
Wilfrid Laurier University - School of Business & Economics, University of British Columbia (UBC) - Sauder School of Business, EDHEC Business School and University of British Columbia (UBC) - Division of Finance
Downloads 395 (124,160)
Citation 10

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Investment, portfolio choice, ambiguity, robust control

Keynes Meets Markowitz: The Trade-Off between Familiarity and Diversification

CEPR Discussion Paper No. DP7687
Number of pages: 45 Posted: 01 Mar 2010
Phelim P. Boyle, Lorenzo Garlappi, Raman Uppal and Tan Wang
Wilfrid Laurier University - School of Business & Economics, University of British Columbia (UBC) - Sauder School of Business, EDHEC Business School and University of British Columbia (UBC) - Division of Finance
Downloads 7 (1,008,766)
Citation 8
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ambiguity, diversification, investment, portfolio choice, robust control

6.

Portfolio Selection with Parameter and Model Uncertainty: A Multi-Prior Approach

Downloads 848 (48,084)
Citation 213

Portfolio Selection with Parameter and Model Uncertainty: A Multi-Prior Approach

EFA 2005 Moscow Meetings Paper, Sauder School of Business Working Paper
Number of pages: 52 Posted: 24 Feb 2005
Lorenzo Garlappi, Tan Wang and Raman Uppal
University of British Columbia (UBC) - Sauder School of Business, University of British Columbia (UBC) - Division of Finance and EDHEC Business School
Downloads 824 (49,330)
Citation 10

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Portfolio choice, asset allocation, estimation

Portfolio Selection with Parameter and Model Uncertainty: A Multi-Prior Approach

CEPR Discussion Paper No. 5148
Number of pages: 47 Posted: 17 Aug 2005
Lorenzo Garlappi, Tan Wang and Raman Uppal
University of British Columbia (UBC) - Sauder School of Business, University of British Columbia (UBC) - Division of Finance and EDHEC Business School
Downloads 24 (839,765)
Citation 69
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Portfolio choice, asset allocation, estimation error, uncertainty, ambiguity, robustness

Portfolio Selection with Parameter and Model Uncertainty: A Multi-Prior Approach

The Review of Financial Studies, Vol. 20, Issue 1, pp. 41-81, 2007
Posted: 29 Feb 2008
Lorenzo Garlappi, Tan Wang and Raman Uppal
University of British Columbia (UBC) - Sauder School of Business, University of British Columbia (UBC) - Division of Finance and EDHEC Business School

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7.

Monetary Policy and Reaching for Income

Downloads 623 (72,228)
Citation 22

Monetary Policy and Reaching for Income

Journal of Finance, Forthcoming
Number of pages: 59 Posted: 16 Aug 2018 Last Revised: 17 Aug 2020
Kent D. Daniel, Lorenzo Garlappi and Kairong Xiao
Columbia University - Columbia Business School, Finance, University of British Columbia (UBC) - Sauder School of Business and Columbia University - Columbia Business School
Downloads 596 (75,431)

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reaching for income, monetary policy

Monetary Policy and Reaching for Income

NBER Working Paper No. w25344
Number of pages: 67 Posted: 11 Dec 2018 Last Revised: 02 Apr 2023
Kent D. Daniel, Lorenzo Garlappi and Kairong Xiao
Columbia University - Columbia Business School, Finance, University of British Columbia (UBC) - Sauder School of Business and Columbia University - Columbia Business School
Downloads 27 (813,317)
Citation 4

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8.

Debt Dynamics with Fixed Issuance Costs

Downloads 552 (84,059)
Citation 5

Debt Dynamics with Fixed Issuance Costs

Number of pages: 76 Posted: 25 Sep 2019 Last Revised: 15 Jul 2022
Luca Benzoni, Lorenzo Garlappi, Robert S. Goldstein and Chao Ying
Federal Reserve Bank of Chicago - Research Department, University of British Columbia (UBC) - Sauder School of Business, University of Minnesota - Twin Cities - Carlson School of Management and Chinese University of Hong Kong
Downloads 525 (88,440)
Citation 6

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Capital structure; Debt dynamics; Commitment; Issuance costs; Debt maturity

Debt Dynamics with Fixed Issuance Costs

FRB of Chicago Working Paper No. 2023-01
Number of pages: 77 Posted: 10 Jan 2023
Luca Benzoni, Lorenzo Garlappi, Robert S. Goldstein and Chao Ying
Federal Reserve Bank of Chicago - Research Department, University of British Columbia (UBC) - Sauder School of Business, University of Minnesota - Twin Cities - Carlson School of Management and Chinese University of Hong Kong
Downloads 27 (813,317)

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Capital structure; Debt dynamics; Commitment; Issuance costs; Debt maturity

9.

Risk Premia and Premption in R&D Ventures

Number of pages: 47 Posted: 08 Oct 2000
Lorenzo Garlappi
University of British Columbia (UBC) - Sauder School of Business
Downloads 458 (105,442)

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Real options, R&D investments, risk premia, patent races, stochastic games

10.

Portfolio Selection with Multiple Assets and Capital Gains Taxes

Number of pages: 54 Posted: 21 Jul 2001
Lorenzo Garlappi, Vasant Naik and Joshua Slive
University of British Columbia (UBC) - Sauder School of Business, Lehman Brothers International, Europe and Bank of Canada
Downloads 412 (119,336)
Citation 17

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Capital Gains Taxes, Portfolio Choice

11.

Default Risk, Shareholder Advantage and Stock Returns

Downloads 404 (122,051)

Default Risk, Shareholder Advantage and Stock Returns

McCombs Research Paper Series No. FIN-05-06
Number of pages: 59 Posted: 21 Mar 2006
Lorenzo Garlappi, Tao Shu and Hong Yan
University of British Columbia (UBC) - Sauder School of Business, The Chinese University of Hong Kong (CUHK) - CUHK Business School and Shanghai Jiao Tong University (SJTU) - Shanghai Advanced Institute of Finance (SAIF)
Downloads 404 (120,899)
Citation 29

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Default Risk, Stock Returns, Debt Renegotiation, Bankruptcy, Liquidation

Default Risk, Shareholder Advantage, and Stock Returns

The Review of Financial Studies, Vol. 21, Issue 6, pp. 2743-2778, 2008
Posted: 15 Dec 2008
Lorenzo Garlappi, Tao Shu and Hong Yan
University of British Columbia (UBC) - Sauder School of Business, The Chinese University of Hong Kong (CUHK) - CUHK Business School and Shanghai Jiao Tong University (SJTU) - Shanghai Advanced Institute of Finance (SAIF)

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G12, G14, G33

12.

From Location to Allocation: Taxable and Tax-Deferred Investing with Portfolio Constraints

Number of pages: 38 Posted: 07 May 2004
Jennifer C. Huang and Lorenzo Garlappi
University of Texas at Austin - Department of Finance and University of British Columbia (UBC) - Sauder School of Business
Downloads 339 (148,430)
Citation 1

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Portfolio selection, tax-deferred accounts, borrowing and short-selling constraints

13.

A State-Variable Decomposition Approach for Solving Portfolio Choice Problems

EFA 2008 Athens Meetings Paper
Number of pages: 51 Posted: 09 Mar 2008
Lorenzo Garlappi and Georgios Skoulakis
University of British Columbia (UBC) - Sauder School of Business and University of Piraeus - Department of Banking and Financial Management
Downloads 331 (152,136)
Citation 10

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dynamic portfolio choce, approximation techniques

14.

Incomplete Information, Debt Issuance, and the Term Structure of Credit Spreads

Downloads 318 (158,859)

Incomplete Information, Debt Issuance, and the Term Structure of Credit Spreads

Number of pages: 65 Posted: 25 Sep 2019 Last Revised: 28 Sep 2020
Luca Benzoni, Lorenzo Garlappi and Robert S. Goldstein
Federal Reserve Bank of Chicago - Research Department, University of British Columbia (UBC) - Sauder School of Business and University of Minnesota - Twin Cities - Carlson School of Management
Downloads 219 (230,315)

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Bond pricing; Credit spreads; Jumps to Default

Incomplete Information, Debt Issuance, and the Term Structure of Credit Spreads

FRB of Chicago Working Paper No. WP-2019-8
Number of pages: 62 Posted: 27 Nov 2019 Last Revised: 17 Mar 2022
Luca Benzoni, Lorenzo Garlappi and Robert S. Goldstein
Federal Reserve Bank of Chicago - Research Department, University of British Columbia (UBC) - Sauder School of Business and University of Minnesota - Twin Cities - Carlson School of Management
Downloads 99 (441,282)

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Credit spreads, Capital structure, Corporate Default, Debt, Jumps to Default, Investments

15.

Default Risk, Shareholder Advantage, and Stock Returns*

8th Annual Texas Finance Festival
Number of pages: 56 Posted: 07 Apr 2006
Lorenzo Garlappi, Tao Shu and Hong Yan
University of British Columbia (UBC) - Sauder School of Business, The Chinese University of Hong Kong (CUHK) - CUHK Business School and Shanghai Jiao Tong University (SJTU) - Shanghai Advanced Institute of Finance (SAIF)
Downloads 284 (178,864)

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Default Risk, Stock Returns, Debt Renegotiatin, Bankruptcy, Liquidation

16.

Profiting from Real Estate: So Easy a Congressman Can Do It

Number of pages: 71 Posted: 08 Apr 2021 Last Revised: 26 May 2022
Markus Baldauf, Jack Y Favilukis, Lorenzo Garlappi and Keling Zheng
University of British Columbia (UBC) - Division of Finance, University of British Columbia (UBC) - Division of Finance, University of British Columbia (UBC) - Sauder School of Business and University of British Columbia (UBC) - Division of Finance
Downloads 278 (182,812)

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Real estate, housing returns, U.S. Congress, politicians

17.

Ambiguity and the Corporation: Group Disagreement and Underinvestment

Number of pages: 42 Posted: 17 Oct 2014 Last Revised: 25 Sep 2017
Lorenzo Garlappi, Ron Giammarino and Ali Lazrak
University of British Columbia (UBC) - Sauder School of Business, University of British Columbia (UBC) - Sauder School of Business and University of British Columbia (UBC) Sauder School of Business
Downloads 274 (185,467)
Citation 21

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ambiguity, group decisions, dynamic consistency, dynamic real investment, security issuance.

18.

Group-Managed Real Options

Proceedings of Paris December 2020 Finance Meeting EUROFIDAI - ESSEC
Number of pages: 59 Posted: 15 Mar 2019 Last Revised: 29 Jun 2021
Lorenzo Garlappi, Ron Giammarino and Ali Lazrak
University of British Columbia (UBC) - Sauder School of Business, University of British Columbia (UBC) - Sauder School of Business and University of British Columbia (UBC) Sauder School of Business
Downloads 241 (210,555)
Citation 1

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group decisions, dynamic voting, real investment

19.

Corporate Innovation and Returns

Number of pages: 59 Posted: 28 Oct 2019
Jan Bena and Lorenzo Garlappi
University of British Columbia - Sauder School of Business and University of British Columbia (UBC) - Sauder School of Business
Downloads 236 (214,950)
Citation 3

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Competition in innovation, Patent races, Cross section of returns, Cost of capital

20.

The Carry Trade and Uncovered Interest Parity When Markets Are Incomplete

Number of pages: 60 Posted: 23 May 2015 Last Revised: 29 May 2015
Jack Y Favilukis, Lorenzo Garlappi and Sajjad Neamati
University of British Columbia (UBC) - Division of Finance, University of British Columbia (UBC) - Sauder School of Business and University of British Columbia (UBC) - Division of Finance
Downloads 221 (228,925)
Citation 5

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uncovered interest parity, carry trade, incomplete markets, non-traded goods, Backus-Smith puzzle, Balassa-Samuelson effect, sovereign default

21.

Are Stocks Desirable in Tax-Deferred Accounts?

Journal of Public Economics, Forthcoming
Number of pages: 38 Posted: 30 Aug 2006
Lorenzo Garlappi and Jennifer C. Huang
University of British Columbia (UBC) - Sauder School of Business and University of Texas at Austin - Department of Finance
Downloads 216 (233,831)
Citation 4

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Portfolio selection, tax-deferred accounts, borrowing and short-selling constraints

22.

Conservative Holdings, Aggressive Trades: Ambiguity, Learning, and Equilibrium Flows

Number of pages: 52 Posted: 29 Apr 2022 Last Revised: 25 Aug 2023
Thomas Dangl, Lorenzo Garlappi and Alex Weissensteiner
Vienna University of Technology, University of British Columbia (UBC) - Sauder School of Business and Free University of Bolzano Bozen
Downloads 210 (240,011)

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Ambiguity, uncertainty, learning, portfolio flows, equilibrium asset prices, heterogeneous agents

23.

Heterogeneous Innovations, Firm Creation and Destruction, and Asset Prices

Number of pages: 54 Posted: 12 Mar 2015 Last Revised: 25 Sep 2015
Jan Bena, Lorenzo Garlappi and Patrick Grüning
University of British Columbia - Sauder School of Business, University of British Columbia (UBC) - Sauder School of Business and Latvijas Banka
Downloads 208 (242,114)
Citation 6

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Economic uncertainty, Creative destruction, Innovation, Firm entry, Long-run risk

24.

The Real Effects of Market Inefficiency: Aggregate Versus Cross-Sectional Mispricing

Number of pages: 34 Posted: 24 Apr 2018
Harjoat Singh Bhamra, Huafeng (Jason) Chen and Lorenzo Garlappi
Imperial College Business School, Fudan University - Fanhai International School of Finance (FISF) and University of British Columbia (UBC) - Sauder School of Business
Downloads 109 (409,754)

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Market Efficiency, Equilibrium Asset Pricing

25.

Public Sector Science and the Strategy of the Commons

Economics of Innovation and New Technology, 2007
Number of pages: 38 Posted: 03 Aug 2006
Lorenzo Garlappi and Ajay K. Agrawal
University of British Columbia (UBC) - Sauder School of Business and University of Toronto - Rotman School of Management
Downloads 100 (435,322)

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Entry deterrence, intellectual property, university research, welfare loss

26.

Hiring in Marketing & Sales and Firm Performance

Number of pages: 52 Posted: 01 Sep 2021 Last Revised: 20 Oct 2022
Lorenzo Garlappi and Zhongzhi Song
University of British Columbia (UBC) - Sauder School of Business and Antai College of Economics and Management, Shanghai Jiao Tong University
Downloads 97 (444,103)

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Workforce growth; Sales and marketing; Stock returns

27.

Consumers’ Activism, Demand Elasticity, and the Green Premium

Number of pages: 48 Posted: 06 Sep 2023
Xuhui Chen, Lorenzo Garlappi and Ali Lazrak
University of British Columbia (UBC) - Sauder School of Business, University of British Columbia (UBC) - Sauder School of Business and University of British Columbia (UBC) Sauder School of Business
Downloads 45 (669,847)

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Responsible consumption, Demand elasticity, ESG investing, Deep-habits, Equilibrium asset prices

28.

How Inefficient is the 1/N Asset-Allocation Strategy?

CEPR Discussion Paper No. 5142
Number of pages: 64 Posted: 17 Aug 2005
Victor DeMiguel, Lorenzo Garlappi and Raman Uppal
London Business School, University of British Columbia (UBC) - Sauder School of Business and EDHEC Business School
Downloads 42 (682,255)
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Portfolio choice, asset allocation, investment management

29.

Evaluating the Impact of Portfolio Mandates

Number of pages: 34
Jack Y Favilukis, Lorenzo Garlappi and Raman Uppal
University of British Columbia (UBC) - Division of Finance, University of British Columbia (UBC) - Sauder School of Business and EDHEC Business School
Downloads 3

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30.

Optimal Versus Naive Diversification: How Inefficient is the 1/N Portfolio Strategy?

The Review of Financial Studies, Vol. 22, Issue 5, pp. 1915-1953, 2009
Posted: 13 Apr 2009
Victor DeMiguel, Lorenzo Garlappi and Raman Uppal
London Business School, University of British Columbia (UBC) - Sauder School of Business and EDHEC Business School

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G11