Andrei Gonçalves

University of North Carolina (UNC) at Chapel Hill - Finance Area

Assistant Professor of Finance

Kenan-Flagler Business School

Chapel Hill, NC 27599-3490

United States

SCHOLARLY PAPERS

8

DOWNLOADS

2,627

SSRN CITATIONS

29

CROSSREF CITATIONS

7

Scholarly Papers (8)

1.

Reinvestment Risk and the Equity Term Structure

Fisher College of Business Working Paper No. 2017-03-014, Charles A. Dice Center Working Paper No. 2017-14, Kenan Institute of Private Enterprise Research Paper Forthcoming
Number of pages: 115 Posted: 06 Jun 2017 Last Revised: 22 Jun 2020
Andrei Gonçalves
University of North Carolina (UNC) at Chapel Hill - Finance Area
Downloads 495 (62,205)
Citation 6

Abstract:

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Equity Term Structure; Reinvestment Risk; Intertemporal CAPM

2.
Downloads 433 ( 72,885)

Corporate Deleveraging

Fisher College of Business Working Paper No. 2016-03-021, Charles A. Dice Center Working Paper No. 2016-21
Number of pages: 68 Posted: 04 Nov 2016
Harry DeAngelo, Andrei Gonçalves and René M. Stulz
University of Southern California - Marshall School of Business - Finance and Business Economics Department, University of North Carolina (UNC) at Chapel Hill - Finance Area and Ohio State University (OSU) - Department of Finance
Downloads 408 (77,509)

Abstract:

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deleveraging, capital structure, payout policy, cash balances, leverage dynamics, financial flexibility, financial distress

Corporate Deleveraging

NBER Working Paper No. w22828
Number of pages: 68 Posted: 14 Nov 2016
Harry DeAngelo, Andrei Gonçalves and René M. Stulz
University of Southern California - Marshall School of Business - Finance and Business Economics Department, University of North Carolina (UNC) at Chapel Hill - Finance Area and Ohio State University (OSU) - Department of Finance
Downloads 25 (551,721)

Abstract:

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3.

Corporate Deleveraging and Financial Flexibility

Fisher College of Business Working Paper No. 2017-03-028, Charles A. Dice Working Paper No. 2017-03-028
Number of pages: 73 Posted: 17 Nov 2017
Harry DeAngelo, Andrei Gonçalves and René M. Stulz
University of Southern California - Marshall School of Business - Finance and Business Economics Department, University of North Carolina (UNC) at Chapel Hill - Finance Area and Ohio State University (OSU) - Department of Finance
Downloads 391 (82,141)
Citation 2

Abstract:

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deleveraging, financial flexibility, capital structure, payout policy, cash balances, leverage dynamics, financial distress

Aggregation, Capital Heterogeneity, and the Investment CAPM

Charles A Dice Center Working Paper No. 2017-19, Fisher College of Business Working Paper No. 2017-03-19
Number of pages: 98 Posted: 03 Oct 2017 Last Revised: 12 Jun 2019
Andrei Gonçalves, Chen Xue and Lu Zhang
University of North Carolina (UNC) at Chapel Hill - Finance Area, University of Cincinnati and Ohio State University - Fisher College of Business
Downloads 303 (108,894)
Citation 8

Abstract:

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The Investment Model of Asset Pricing, GMM, Structural Estimation, Anomalies, Joint Estimation

Aggregation, Capital Heterogeneity, and the Investment CAPM

Review of Financial Studies, Forthcoming
Number of pages: 97 Posted: 20 Jun 2019
Andrei Gonçalves, Chen Xue and Lu Zhang
University of North Carolina (UNC) at Chapel Hill - Finance Area, University of Cincinnati and Ohio State University - Fisher College of Business
Downloads 62 (386,547)
Citation 1

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The Investment CAPM, GMM, Aggregation, Working Capital, Value, Momentum, Investment, Profitability, Joint Estimation

Does the Investment Model Explain Value and Momentum Simultaneously?

NBER Working Paper No. w23910
Number of pages: 62 Posted: 09 Oct 2017
Andrei Gonçalves, Chen Xue and Lu Zhang
University of North Carolina (UNC) at Chapel Hill - Finance Area, University of Cincinnati and Ohio State University - Fisher College of Business
Downloads 12 (644,513)

Abstract:

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5.

The Fundamental-to-Market Ratio and the Value Premium Decline

Kenan Institute of Private Enterprise Research Paper
Number of pages: 40 Posted: 13 Apr 2020
Andrei Gonçalves and Gregory Leonard
University of North Carolina (UNC) at Chapel Hill - Finance Area and University of North Carolina at Chapel Hill
Downloads 363 (89,836)

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Value Premium, Book-to-Market, Valuation Ratios, The Cross Section of Expected Returns

6.

The Short Duration Premium

Number of pages: 89 Posted: 17 Jun 2019 Last Revised: 23 Jun 2020
Andrei Gonçalves
University of North Carolina (UNC) at Chapel Hill - Finance Area
Downloads 339 (97,706)
Citation 3

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Equity Duration, Term Structure of Risk Premia, Intertemporal CAPM, Reinvestment Risk, Value Premium, Profitability Premium

7.

What Moves Equity Markets? A Term Structure Decomposition for Stock Returns

Kenan Institute of Private Enterprise Research Paper No.
Number of pages: 53 Posted: 16 Aug 2019 Last Revised: 27 Feb 2020
Andrei Gonçalves
University of North Carolina (UNC) at Chapel Hill - Finance Area
Downloads 138 (228,115)

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Equity Volatility, Campbell-Shiller Decomposition, Equity Term Structure, Dividend Strips

8.

Unsmoothing Returns of Illiquid Funds

Kenan Institute of Private Enterprise Research Paper No. 20-05, USC Lusk Center of Real Estate Working Paper Series
Number of pages: 60 Posted: 27 Feb 2020
Spencer Couts, Andrei Gonçalves and Andrea Rossi
University of Southern California - Sol Price School of Public Policy, University of North Carolina (UNC) at Chapel Hill - Finance Area and University of Arizona - Department of Finance
Downloads 91 (306,598)

Abstract:

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Illiquidity, Return Unsmoothing, Performance Evaluation, Hedge Funds, Commercial Real Estate