Eduardo Davila

Yale University - Department of Economics

28 Hillhouse Ave

New Haven, CT 06520-8268

United States

National Bureau of Economic Research (NBER)

Faculty Research Fellow

1050 Massachusetts Avenue

Cambridge, MA 02138

United States

  • Yale University - Department of Economics

  • National Bureau of Economic Research (NBER)

SCHOLARLY PAPERS

16

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961

SSRN CITATIONS
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Top 5,857

in Total Papers Citations

177

CROSSREF CITATIONS

48

Scholarly Papers (16)

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1.

Trading Costs and Informational Efficiency

Downloads 180 (231,929)
Citation 3

Trading Costs and Informational Efficiency

Journal of Finance, Forthcoming
Number of pages: 79 Posted: 15 May 2017 Last Revised: 09 Sep 2020
Eduardo Davila and Cecilia Parlatore
Yale University - Department of Economics and New York University (NYU) - Leonard N. Stern School of Business
Downloads 161 (255,420)
Citation 2

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learning, trading costs, information aggregation, information acquisition, financial transaction taxes

Trading Costs and Informational Efficiency

NBER Working Paper No. w25662
Number of pages: 69 Posted: 19 Mar 2019 Last Revised: 13 Feb 2022
Eduardo Davila and Cecilia Parlatore
Yale University - Department of Economics and New York University (NYU) - Leonard N. Stern School of Business
Downloads 19 (733,034)
Citation 2

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2.

Prudential Policy with Distorted Beliefs

Downloads 172 (241,079)

Prudential Policy with Distorted Beliefs

Number of pages: 60 Posted: 06 Nov 2020
Eduardo Davila and Ansgar Walther
Yale University - Department of Economics and Imperial College London
Downloads 160 (256,762)

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prudential policy, distorted beliefs, financial regulation, bailouts, monetary policy, bank regulation

Prudential Policy with Distorted Beliefs

ESRB: Working Paper Series 2021/130
Number of pages: 62 Posted: 16 Dec 2021
Eduardo Davila and Ansgar Walther
Yale University - Department of Economics and Imperial College London
Downloads 12 (799,064)

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bailouts, distorted beliefs, leverage regulation, monetary policy, prudential policy

Prudential Policy with Distorted Beliefs

CEPR Discussion Paper No. DP16197
Number of pages: 63 Posted: 14 Jul 2021
Eduardo Davila and Ansgar Walther
Yale University - Department of Economics and Imperial College London
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Prudential Policy with Distorted Beliefs

NBER Working Paper No. w28879
Number of pages: 61 Posted: 07 Jun 2021 Last Revised: 18 Nov 2021
Eduardo Davila and Ansgar Walther
Yale University - Department of Economics and Imperial College London
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3.

Optimal Deposit Insurance

Downloads 118 (323,807)
Citation 6

Optimal Deposit Insurance

Number of pages: 66 Posted: 01 Apr 2020
Eduardo Davila and Itay Goldstein
Yale University - Department of Economics and University of Pennsylvania - The Wharton School - Finance Department
Downloads 115 (331,496)
Citation 6

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Deposit Insurance, Bank Runs, Bank Regulation, Sufficient Statistics

Optimal Deposit Insurance

NBER Working Paper No. w28676
Number of pages: 52 Posted: 12 Apr 2021 Last Revised: 09 May 2022
Eduardo Davila and Itay Goldstein
Yale University - Department of Economics and University of Pennsylvania - The Wharton School - Finance Department
Downloads 3 (899,256)
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4.

House Price Beliefs and Mortgage Leverage Choice

Downloads 108 (344,325)
Citation 36

House Price Beliefs and Mortgage Leverage Choice

Number of pages: 55 Posted: 19 Jul 2017 Last Revised: 29 Nov 2017
Michael Bailey, Eduardo Davila, Theresa Kuchler and Johannes Stroebel
Facebook, Yale University - Department of Economics, New York University (NYU) and New York University (NYU) - Leonard N. Stern School of Business
Downloads 100 (365,138)

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Leverage, Mortgage Choice, Disagreement, Heterogeneous Beliefs

House Price Beliefs and Mortgage Leverage Choice

NBER Working Paper No. w24091
Number of pages: 56 Posted: 06 Dec 2017 Last Revised: 30 Apr 2022
Michael Bailey, Eduardo Davila, Theresa Kuchler and Johannes Stroebel
Facebook, Yale University - Department of Economics, New York University (NYU) and New York University (NYU) - Leonard N. Stern School of Business
Downloads 8 (840,756)
Citation 18

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House Price Beliefs and Mortgage Leverage Choice

CEPR Discussion Paper No. DP12476
Number of pages: 58 Posted: 12 Dec 2017
Michael Bailey, Eduardo Davila, Theresa Kuchler and Johannes Stroebel
Facebook, Yale University - Department of Economics, New York University (NYU) and New York University (NYU) - Leonard N. Stern School of Business
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Citation 18
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disagreement, heterogeneous beliefs, leverage, Mortgage Choice

5.

Trading Costs and Informational Efficiency

Number of pages: 66 Posted: 22 Oct 2016 Last Revised: 23 Jan 2017
Eduardo Davila and Cecilia Parlatore
Yale University - Department of Economics and New York University (NYU) - Leonard N. Stern School of Business
Downloads 103 (355,426)

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learning, trading costs, information aggregation, information acquisition, financial transaction taxes

6.

Identifying Price Informativeness

NBER Working Paper No. w25210
Number of pages: 44 Posted: 05 Nov 2018 Last Revised: 21 May 2022
Eduardo Davila and Cecilia Parlatore
Yale University - Department of Economics and New York University (NYU) - Leonard N. Stern School of Business
Downloads 64 (468,083)
Citation 3

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7.

Corrective Regulation with Imperfect Instruments

Downloads 51 (519,999)

Corrective Regulation with Imperfect Instruments

Number of pages: 87 Posted: 02 Sep 2021 Last Revised: 12 May 2022
Eduardo Davila and Ansgar Walther
Yale University - Department of Economics and Imperial College London
Downloads 47 (548,041)

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corrective regulation, second-best policy, Pigouvian taxation, policy elasticities, leakage elasticities, regulatory arbitrage, financial regulation, environmental externalities

Corrective Regulation with Imperfect Instruments

NBER Working Paper No. w29160
Number of pages: 68 Posted: 16 Aug 2021 Last Revised: 06 Mar 2022
Eduardo Davila and Ansgar Walther
Yale University - Department of Economics and Imperial College London
Downloads 4 (886,276)
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Corrective Regulation with Imperfect Instruments

CEPR Discussion Paper No. DP16448
Number of pages: 70 Posted: 22 Sep 2021
Eduardo Davila and Ansgar Walther
Yale University - Department of Economics and Imperial College London
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corrective regulation, financial regulation, leakage elasticities, Pigouvian taxation, policy elasticities, regulatory arbitrage, second-best policy

8.

Does Size Matter? Bailouts with Large and Small Banks

Downloads 45 (547,418)
Citation 11

Does Size Matter? Bailouts with Large and Small Banks

Number of pages: 54 Posted: 26 Dec 2017
Eduardo Davila and Ansgar Walther
Yale University - Department of Economics and Imperial College London
Downloads 28 (660,381)

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bailouts, bank regulation, too-big-to-fail, too-many-to-fail, size tax

Does Size Matter? Bailouts with Large and Small Banks

NBER Working Paper No. w24132
Number of pages: 55 Posted: 19 Dec 2017 Last Revised: 10 Jun 2022
Eduardo Davila and Ansgar Walther
Yale University - Department of Economics and Imperial College London
Downloads 17 (750,848)
Citation 11

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9.

Pecuniary Externalities in Economies with Financial Frictions

NBER Working Paper No. w22444
Number of pages: 62 Posted: 25 Jul 2016 Last Revised: 30 Apr 2022
Eduardo Davila and Anton Korinek
Yale University - Department of Economics and University of Virginia - Department of Economics and Darden School of Business
Downloads 37 (588,335)
Citation 50

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10.

Volatility and Informativeness

NBER Working Paper No. w25433
Number of pages: 52 Posted: 15 Jan 2019 Last Revised: 30 Jun 2022
Eduardo Davila and Cecilia Parlatore
Yale University - Department of Economics and New York University (NYU) - Leonard N. Stern School of Business
Downloads 25 (663,640)

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11.

Optimal Corporate Taxation Under Financial Frictions

NBER Working Paper No. w25520
Number of pages: 65 Posted: 04 Feb 2019 Last Revised: 26 Mar 2022
Eduardo Davila and Benjamin Hebert
Yale University - Department of Economics and Stanford University
Downloads 20 (701,725)

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12.

Using Elasticities to Derive Optimal Bankruptcy Exemptions

ESRB: Working Paper Series No. 2016/26
Number of pages: 52 Posted: 05 Nov 2020
Eduardo Davila
Yale University - Department of Economics
Downloads 12 (770,639)
Citation 2

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bankruptcy, default, sufficient statistics, unsecured credit, general equilibrium with incomplete markets

13.

Optimal Monetary Policy with Heterogeneous Agents: A Timeless Ramsey Approach

Number of pages: 110 Posted: 11 May 2022
Eduardo Davila and Andreas Schaab
Yale University - Department of Economics and Columbia Business School
Downloads 10 (789,651)

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optimal monetary policy, heterogeneous-agent New Keynesian model, timeless Ramsey approach, primal-dual, timeless penalties, sequence-space methods, dynamic-stochastic generalized welfare weights

14.

The Value of Arbitrage

Downloads 6 (829,960)

The Value of Arbitrage

NBER Working Paper No. w29744
Number of pages: 81 Posted: 14 Feb 2022 Last Revised: 10 Apr 2022
Eduardo Davila, Daniel Graves and Cecilia Parlatore
Yale University - Department of Economics, Yale University and New York University (NYU) - New York University
Downloads 6 (862,770)
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The Value of Arbitrage

CEPR Discussion Paper No. DP17016
Number of pages: 83 Posted: 29 Mar 2022
Eduardo Davila, Daniel Graves and Cecilia Parlatore
Yale University - Department of Economics, Yale University and New York University (NYU) - Leonard N. Stern School of Business
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arbitrage, Covered Interest Parity, dual-listed stocks, price impact, Welfare

15.

Optimal Financial Transaction Taxes

NBER Working Paper No. w27826
Number of pages: 47 Posted: 21 Sep 2020 Last Revised: 14 Jul 2022
Eduardo Davila
Yale University - Department of Economics
Downloads 6 (829,960)

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16.

Welfare Assessments with Heterogeneous Individuals

Number of pages: 77 Posted: 11 May 2022
Eduardo Davila and Andreas Schaab
Yale University - Department of Economics and Columbia Business School
Downloads 4 (851,551)

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welfare assessments, heterogeneous agents, incomplete markets, generalized social marginal welfare weights