Roberto Steri

University of Luxembourg

Kirchberg, 6, rue Richard Coudenhove-Kalergi

Luxembourg

Luxembourg

http://https://sites.google.com/site/robertosteripersonalpage/

SCHOLARLY PAPERS

10

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6,324

SSRN CITATIONS
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SSRN RANKINGS

Top 7,842

in Total Papers Citations

153

CROSSREF CITATIONS

74

Scholarly Papers (10)

Rising Intangible Capital, Shrinking Debt Capacity, and the US Corporate Savings Glut

Journal of Finance, Forthcoming
Number of pages: 83 Posted: 26 Jun 2018 Last Revised: 24 Feb 2021
Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System and University of Luxembourg
Downloads 2,093 (14,498)
Citation 96

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Intangible Assets, Debt Capacity, Risk Management, Corporate Cash Holdings

2.

Stressed Banks

Number of pages: 59 Posted: 08 Nov 2017 Last Revised: 02 Nov 2020
Diane Pierret and Roberto Steri
Universite du Luxembourg - Luxembourg School of Finance and University of Luxembourg
Downloads 988 (45,426)
Citation 2

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Financial Stability, Supervision, Capital Regulation, Dodd-Frank Act, Bank Profitability

3.

Dynamic Corporate Liquidity

Number of pages: 65 Posted: 13 Mar 2013 Last Revised: 20 May 2017
Boris Nikolov, Lukas Schmid and Roberto Steri
University of Lausanne, University of Southern California - Marshall School of Business and University of Luxembourg
Downloads 652 (79,095)
Citation 15

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Corporate liquidity, cash, credit lines, debt capacity, leverage, corporate investment, hedging

4.

The Sources of Financing Constraints

Swiss Finance Institute Research Paper No. 18-74, European Corporate Governance Institute – Finance Working Paper No. 641/2019
Number of pages: 75 Posted: 03 Dec 2018 Last Revised: 01 May 2023
Boris Nikolov, Lukas Schmid and Roberto Steri
University of Lausanne, University of Southern California - Marshall School of Business and University of Luxembourg
Downloads 580 (91,643)
Citation 28

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Financing constraints, financial frictions, moral hazard, limited enforcement, tradeoff, dynamic contracting, agency, structural estimation, empirical policy function estimation

5.

The Tortoise and the Snail: Reconciling the Evidence on Capital Structure Stability

Swiss Finance Institute Research Paper No. 17-59
Number of pages: 46 Posted: 02 Nov 2017 Last Revised: 15 May 2019
Universitat Pompeu Fabra - Faculty of Economic and Business SciencesBarcelona Graduate School of Economics, IESE Business School and University of Luxembourg
Downloads 477 (116,809)

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target leverage, dynamic leverage adjustments, capital structure stability, leverage spikes

6.

A Financial Contracting-Based Capital Asset Pricing Model

Swiss Finance Institute Research Paper No. 18-46
Number of pages: 71 Posted: 19 Jun 2018 Last Revised: 11 Aug 2023
Roberto Steri
University of Luxembourg
Downloads 460 (121,697)

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Dynamic Contracting, Cross Section of Returns, Capital Asset Pricing Model, Stochastic Discount Factor.

7.

Do Banks Compete on Non-Price Terms? Evidence from Loan Covenants

Number of pages: 67 Posted: 06 Nov 2018 Last Revised: 02 May 2023
Rustam Abuzov, Christoph Herpfer and Roberto Steri
University of Virginia - Darden School of Business, University of Virginia, Darden School and University of Luxembourg
Downloads 329 (177,433)
Citation 1

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non-price competition, shadow banks, leveraged lending, covenants, syndicated loans, relationship lending

8.

The Visible Hand when Revenues Stop: Evidence from Loan and Stock Markets during COVID-19

Number of pages: 63 Posted: 24 Nov 2020 Last Revised: 12 Apr 2021
Francois Koulischer, Diane Pierret and Roberto Steri
University of Luxembourg, Universite du Luxembourg - Luxembourg School of Finance and University of Luxembourg
Downloads 316 (185,085)

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corporate debt, debt overhang, guarantees, market failure, public interventions, market value

9.

Credit Market Equivalents and the Valuation of Private Firms

USC Marshall School of Business Research Paper Sponsored by iORB, No. Forthcoming
Number of pages: 84 Posted: 16 Oct 2019 Last Revised: 01 May 2023
Indiana University - Kelley School of Business, University of Southern California - Marshall School of Business and University of Luxembourg
Downloads 311 (188,245)
Citation 2

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Private equity, buyouts, pricing kernel, performance evaluation, loan returns, secondary market trading, machine learning, portfolio company level PE data

10.

Mind the Gap: The Market Price of Financial Flexibility

Number of pages: 63 Posted: 28 Aug 2023 Last Revised: 04 Mar 2024
Universitat Pompeu Fabra - Faculty of Economic and Business SciencesBarcelona Graduate School of Economics, University of Luxembourg, Bocconi University - CAREFIN - Centre for Applied Research in Finance and Federal Reserve Bank of Chicago
Downloads 118 (450,192)

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firm dynamics, financial flexibility, financial frictions, heterogeneous firms, capital misallocation, cross section of returns, dynamic capital structure, risk premia