Lorenzo Garlappi

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

2053 Main Mall

Vancouver, BC V6T 1Z2

Canada

SCHOLARLY PAPERS

27

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Top 3,261

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14,622

SSRN CITATIONS
Rank 1,591

SSRN RANKINGS

Top 1,591

in Total Papers Citations

297

CROSSREF CITATIONS

504

Scholarly Papers (27)

1.
Downloads 3,931 ( 3,195)
Citation 8

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 2,585 (6,358)
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 1,346 (17,994)
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 1,814 (11,493)
Citation 4

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Endowment funds, Asset allocation, Return attribution, Investment performance

3.

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 1,678 (12,996)
Citation 51

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Financial distress, value premium, momentum, growth options

4.

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 1,334 (18,554)
Citation 79

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Heterogeneous beliefs, climate change, real estate prices

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 521 (67,169)
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 379 (98,057)
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 (769,797)
Citation 8
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ambiguity, diversification, investment, portfolio choice, robust control

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 665 (49,022)
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 (631,449)
Citation 42
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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.

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 440 (83,143)

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

8.

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 379 (98,869)
Citation 17

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Capital Gains Taxes, Portfolio Choice

9.
Downloads 361 (104,436)
Citation 8

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 Business School - Finance and Economics, University of British Columbia (UBC) - Sauder School of Business and Columbia University - Columbia Business School
Downloads 347 (108,373)

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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: 07 Oct 2021
Kent D. Daniel, Lorenzo Garlappi and Kairong Xiao
Columbia Business School - Finance and Economics, University of British Columbia (UBC) - Sauder School of Business and Columbia University - Columbia Business School
Downloads 14 (709,979)
Citation 4

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10.
Downloads 356 (106,088)
Citation 29

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, Shenzhen and Shanghai Jiao Tong University (SJTU) - Shanghai Advanced Institute of Finance (SAIF)
Downloads 356 (105,311)
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, Shenzhen and Shanghai Jiao Tong University (SJTU) - Shanghai Advanced Institute of Finance (SAIF)

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G12, G14, G33

11.

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 309 (123,864)
Citation 1

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

12.

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 British Columbia (UBC) - Division of Finance
Downloads 291 (132,042)
Citation 10

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dynamic portfolio choce, approximation techniques

13.

Optimal Debt Dynamics, Issuance Costs, and Commitment

Number of pages: 82 Posted: 25 Sep 2019 Last Revised: 09 Jun 2020
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, Swiss Federal Institute of Technology Lausanne - Ecole Polytechnique Fédérale de Lausanne and Chinese University of Hong Kong
Downloads 289 (133,022)
Citation 6

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Capital Structure, Bankruptcy, Issuance Costs, Commitment, Coase Conjecture, Credit Spreads

14.

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, Shenzhen and Shanghai Jiao Tong University (SJTU) - Shanghai Advanced Institute of Finance (SAIF)
Downloads 267 (144,333)

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

15.

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 243 (158,427)
Citation 21

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

16.

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 190 (199,444)
Citation 2

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

17.

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 182 (207,207)
Citation 5

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

18.

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 175 (214,324)
Citation 7

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

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 174 (215,362)
Citation 1

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

20.

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 157 (235,065)
Citation 1

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group decisions, dynamic voting, real investment

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 128 (277,255)

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Bond pricing; Credit spreads; Jumps to Default

Asymmetric Information, Dynamic Debt Issuance, and the Term Structure of Credit Spreads

FRB of Chicago Working Paper No. WP-2019-8
Number of pages: 83 Posted: 27 Nov 2019 Last Revised: 29 Apr 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 26 (616,880)

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

22.

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 82 (371,710)

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Entry deterrence, intellectual property, university research, welfare loss

23.

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

Number of pages: 34 Posted: 24 Apr 2018
Imperial College Business School, Fudan University - Fanhai International School of Finance (FISF) and University of British Columbia (UBC) - Sauder School of Business
Downloads 81 (374,448)

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Market Efficiency, Equilibrium Asset Pricing

24.

Profiting from Real Estate: So Easy a Congressman can do it

Number of pages: 42 Posted: 08 Apr 2021
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 72 (400,290)

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25.

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 (512,945)
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Portfolio choice, asset allocation, investment management

26.

Sales & Marketing Workforce Growth and Firm Performance

Number of pages: 50 Posted: 01 Sep 2021
Lorenzo Garlappi and Zhongzhi Song
University of British Columbia (UBC) - Sauder School of Business and Cheung Kong Graduate School of Business
Downloads 25 (606,124)

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Workforce growth; Sales and marketing; Stock returns

27.

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