Augustin Landier

Toulouse School of Economics

Professor of Economics

Place Anatole-France

Toulouse Cedex, F-31042

France

SCHOLARLY PAPERS

32

DOWNLOADS
Rank 1,314

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Top 1,314

in Total Papers Downloads

17,349

CITATIONS
Rank 746

SSRN RANKINGS

Top 746

in Total Papers Citations

688

Scholarly Papers (32)

1.
Downloads 3,300 ( 2,181)
Citation 234

Why Has CEO Pay Increased so Much?

MIT Department of Economics Working Paper No. 06-13
Number of pages: 39 Posted: 16 May 2006
Xavier Gabaix and Augustin Landier
Harvard University - Department of Economics and Toulouse School of Economics
Downloads 2,574 (3,335)
Citation 234

Abstract:

Executive compensation, wage distribution, pay performance sensitivity, extreme value, theory, superstars, calibratable corporate finance

Why Has CEO Pay Increased So Much?

MIT Department of Economics Working Paper No. 06-13, AFA 2007 Chicago Meetings Paper
Number of pages: 30 Posted: 17 May 2006
Xavier Gabaix and Augustin Landier
Harvard University - Department of Economics and Toulouse School of Economics
Downloads 593 (34,128)
Citation 234

Abstract:

Executive compensation, wage distribution, Pareto distribution, wage inequality, assignment, incentives, pay performance sensitivity, human capital

Why Has CEO Pay Increased so Much?

NYU Working Paper No. CLB-06-011
Number of pages: 47 Posted: 31 Oct 2008
Xavier Gabaix and Augustin Landier
Harvard University - Department of Economics and Toulouse School of Economics
Downloads 103 (210,859)
Citation 234

Abstract:

Executive compensation, wage distribution, corporate governance, Roberts law, Zipf s law, scaling, extreme value theory, superstars, calibratable corporate finance

Why Has CEO Pay Increased so Much?

NBER Working Paper No. w12365
Number of pages: 48 Posted: 24 Jul 2006
Xavier Gabaix and Augustin Landier
Harvard University - Department of Economics and Toulouse School of Economics
Downloads 30 (391,732)
Citation 234

Abstract:

2.

Do Hedge Funds Manipulate Stock Prices?

Journal of Finance, Forthcoming, Charles A. Dice Center Working Paper No. 2011-005, Fisher College of Business Working Paper No. 2011-03-005, Swiss Finance Institute Research Paper No. 11-53, AFA 2013 San Diego Meetings Paper
Number of pages: 80 Posted: 17 Feb 2011 Last Revised: 16 Sep 2012
Ohio State University - Fisher College of Business, Finance Department, Università della Svizzera italiana (USI), Lugano, Toulouse School of Economics and Villanova University - Department of Finance
Downloads 1,817 (5,317)
Citation 3

Abstract:

Hedge fund, Manipulation, Stock, Reporting, Manager, Monthly returns, Competition, Inflation, Fraud, Performance reporting, Investors, Returns

3.

The WACC Fallacy: The Real Effects of Using a Unique Discount Rate

Journal of Finance, Forthcoming, AFA 2012 Chicago Meetings Paper
Number of pages: 62 Posted: 21 Feb 2011 Last Revised: 18 Jul 2014
Philipp Krueger, Augustin Landier and David Thesmar
University of Geneva, Toulouse School of Economics and MIT Sloan
Downloads 1,322 (7,127)
Citation 1

Abstract:

capital budgeting, cost of capital, behavioral finance, investment

A Multiplicative Model of Optimal CEO Incentives in Market Equilibrium

Review of Financial Studies, Vol. 22, No. 12, pp. 4881-4917, December 2009, EFA 2008 Athens Meetings Paper
Number of pages: 42 Posted: 19 Mar 2008 Last Revised: 07 Dec 2011
Alex Edmans, Xavier Gabaix and Augustin Landier
London Business School - Institute of Finance and Accounting, Harvard University - Department of Economics and Toulouse School of Economics
Downloads 1,144 (13,087)
Citation 90

Abstract:

Executive compensation, multiplicative preferences, pay-performance sensitivity, incentives, perks, optimal contracting, calibration

A Multiplicative Model of Optimal CEO Incentives in Market Equilibrium

The Review of Financial Studies, Vol. 22, Issue 12, pp. 4881-4917, 2009
Posted: 24 Nov 2009
Alex Edmans, Xavier Gabaix and Augustin Landier
London Business School - Institute of Finance and Accounting, Harvard University - Department of Economics and Toulouse School of Economics

Abstract:

D2, D3, G34, J3

5.

Entrepreneurship and the Stigma of Failure

Number of pages: 37 Posted: 21 Nov 2005
Augustin Landier
Toulouse School of Economics
Downloads 887 (12,945)
Citation 35

Abstract:

entrepreneurship, innovation

6.

Entrepreneurial Pressure and Innovation

AFA 2004 San Diego Meetings
Number of pages: 27 Posted: 22 Sep 2003
Manuel Amador and Augustin Landier
affiliation not provided to SSRN and Toulouse School of Economics
Downloads 699 (26,039)
Citation 9

Abstract:

Entrepreneurship, Innovation, Venture Capital, Endogenous Growth

7.

Financial Contracting with Optimistic Entrepreneurs: Theory and Evidence

AFA 2004 San Diego Meetings
Number of pages: 60 Posted: 20 Dec 2003
Augustin Landier and David Thesmar
Toulouse School of Economics and MIT Sloan
Downloads 667 (26,620)
Citation 44

Abstract:

The Perverse Effects of Partial Labor Market Reform: Fixed Duration Contracts in France

MIT Dept. of Economics Working Paper No. 01-14
Number of pages: 57 Posted: 08 Mar 2001
Olivier J. Blanchard and Augustin Landier
National Bureau of Economic Research (NBER) and Toulouse School of Economics
Downloads 544 (38,325)
Citation 46

Abstract:

Labor Market Reform, Temporary Employment, Unemployment, Turnover, Employment Protection

The Perverse Effects of Partial Labor Market Reform: Fixed Duration Contracts in France

NBER Working Paper No. w8219
Number of pages: 57 Posted: 08 Apr 2001
Olivier J. Blanchard and Augustin Landier
National Bureau of Economic Research (NBER) and Toulouse School of Economics
Downloads 29 (396,348)
Citation 46

Abstract:

9.

The Economics of Bank Restructuring: Understanding the Options

International Monetary Fund Staff Position Note No. SPN/09/12
Number of pages: 40 Posted: 05 Jun 2009
Augustin Landier and Kenichi Ueda
Toulouse School of Economics and University of Tokyo - Faculty of Economics
Downloads 501 (37,939)
Citation 8

Abstract:

Bank Restructuring, Recapitalization, Asset Sales, Cost of Financial Distress

10.
Downloads 457 ( 48,457)
Citation 3

Vulnerable Banks

Number of pages: 64 Posted: 20 Nov 2011 Last Revised: 13 Mar 2013
Robin M. Greenwood, Augustin Landier and David Thesmar
Harvard Business School - Finance Unit, Toulouse School of Economics and MIT Sloan
Downloads 436 (50,795)
Citation 3

Abstract:

systemic risk, deleveraging, liquidity

Vulnerable Banks

NBER Working Paper No. w18537
Number of pages: 46 Posted: 20 Nov 2012
Robin M. Greenwood, Augustin Landier and David Thesmar
Harvard Business School - Finance Unit, Toulouse School of Economics and MIT Sloan
Downloads 21 (438,322)
Citation 3

Abstract:

11.

Banks' Exposure to Interest Rate Risk and the Transmission of Monetary Policy

Number of pages: 50 Posted: 19 Feb 2013 Last Revised: 16 Jul 2015
Augustin Landier, David Alexandre Sraer and David Thesmar
Toulouse School of Economics, University of California, Berkeley and MIT Sloan
Downloads 411 (45,396)
Citation 2

Abstract:

Interest rate risk, monetary policy, bank lending

12.

Geographic Dispersion and Corporate Decision-Making

Number of pages: 49 Posted: 16 Nov 2005
Augustin Landier, Vinay B. Nair and Julie Wulf
Toulouse School of Economics, University of Pennsylvania - Finance Department and Harvard Business School
Downloads 342 (62,328)
Citation 1

Abstract:

Economic Geography, Dispersion, Employee Friendliness, Proximity, Social Interaction, Layoffs, Divestiture

13.
Downloads 340 ( 69,122)
Citation 13

Bottom-Up Corporate Governance

NYU Working Paper No. FIN-05-011
Number of pages: 37 Posted: 03 Nov 2008
Augustin Landier and David Thesmar
Toulouse School of Economics and MIT Sloan
Downloads 231 (104,855)
Citation 13

Abstract:

Bottom-Up Corporate Governance

NYU Working Paper No. CLB-06-007
Number of pages: 48 Posted: 31 Oct 2008
Augustin Landier, David Alexandre Sraer and David Thesmar
Toulouse School of Economics, University of California, Berkeley and MIT Sloan
Downloads 84 (241,661)
Citation 13

Abstract:

Bottom-Up Corporate Governance

CEPR Discussion Paper No. 5500
Number of pages: 52 Posted: 23 May 2006
Augustin Landier, David Alexandre Sraer and David Thesmar
Toulouse School of Economics, University of California, Berkeley and MIT Sloan
Downloads 25 (416,233)
Citation 13
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Abstract:

Corporate governance, corporate performance, acquisition, executives

14.

The Capacity of Trading Strategies

HEC Paris Research Paper No. FIN-2015-1089
Number of pages: 55 Posted: 27 Mar 2015 Last Revised: 08 Apr 2015
Augustin Landier, Guillaume Simon and David Thesmar
Toulouse School of Economics, Capital Fund Management and MIT Sloan
Downloads 306 (29,892)

Abstract:

trading costs, asset pricing anomalies, asset management, arbitrage

Banking Integration and House Price Comovement

HEC Paris Research Paper No. FIN-2013-1023
Number of pages: 57 Posted: 30 Oct 2013 Last Revised: 19 Sep 2015
Augustin Landier, David Alexandre Sraer and David Thesmar
Toulouse School of Economics, University of California, Berkeley and MIT Sloan
Downloads 302 (79,006)

Abstract:

Banks; House price comovement; Financial Integration

Banking Integration and House Price Comovement

CEPR Discussion Paper No. DP9754
Number of pages: 54 Posted: 25 Nov 2013
Augustin Landier, David Alexandre Sraer and David Thesmar
Toulouse School of Economics, University of California, Berkeley and MIT Sloan
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Abstract:

comovement, financial integration, house prices

Banking Integration and House Price Comovement

CEPR Discussion Paper No. DP10295
Posted: 23 Jan 2015
Augustin Landier, David Alexandre Sraer and David Thesmar
Toulouse School of Economics, University of California, Berkeley and MIT Sloan
Downloads 0
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Abstract:

banking deregulation, comovement, real estate

16.

The Risk-Shifting Hypothesis: Evidence from Subprime Originations.

AFA 2012 Chicago Meetings Paper
Number of pages: 48 Posted: 17 Mar 2011 Last Revised: 03 Jun 2015
Augustin Landier, David Alexandre Sraer and David Thesmar
Toulouse School of Economics, University of California, Berkeley and MIT Sloan
Downloads 211 (93,056)
Citation 5

Abstract:

Risk Shifting, Subprime Mortgages, Monetary Tightening, Real Estate Risk

17.

Optimal Dissent in Organizations

Number of pages: 34 Posted: 18 Nov 2005
Augustin Landier, David Alexandre Sraer and David Thesmar
Toulouse School of Economics, University of California, Berkeley and MIT Sloan
Downloads 151 (156,097)
Citation 12

Abstract:

Organization Design, Corporate Governance, Authority

18.

Tradeoffs in Staying Close: Corporate Decision-Making and Geographic Dispersion

Number of pages: 46 Posted: 15 Mar 2006
Augustin Landier, Vinay B. Nair and Julie Wulf
Toulouse School of Economics, University of Pennsylvania - Finance Department and Harvard Business School
Downloads 102 (196,118)
Citation 31

Abstract:

Social Interactions, Economic Geography, Layoffs, Divestitures

A Calibratable Model of Optimal CEO Incentives in Market Equilibrium

NYU Working Paper No. FIN-07-022
Number of pages: 50 Posted: 03 Nov 2008
Alex Edmans, Xavier Gabaix and Augustin Landier
London Business School - Institute of Finance and Accounting, Harvard University - Department of Economics and Toulouse School of Economics
Downloads 76 (256,997)
Citation 84

Abstract:

A Calibratable Model of Optimal CEO Incentives in Market Equilibrium

NBER Working Paper No. w13372
Number of pages: 51 Posted: 10 Sep 2007
Alex Edmans, Xavier Gabaix and Augustin Landier
London Business School - Institute of Finance and Accounting, Harvard University - Department of Economics and Toulouse School of Economics
Downloads 22 (432,706)
Citation 84

Abstract:

20.

Instabilities in Large Economies: Aggregate Volatility Without Idiosyncratic Shocks

HEC Paris Research Paper No. FIN-2014-1052
Number of pages: 22 Posted: 21 Jun 2014 Last Revised: 17 Sep 2014
Capital Fund Management, Capital Fund Management, Toulouse School of Economics and MIT Sloan
Downloads 88 (185,195)

Abstract:

volatility of aggregate output, network theory, rational expectations, general equilibrium

Inequality, Tax Avoidance, and Financial Instability

Number of pages: 21 Posted: 18 Mar 2011
Augustin Landier and Guillaume Plantin
Toulouse School of Economics and University of Toulouse 1 - Toulouse School of Economics (TSE)
Downloads 76 (258,996)

Abstract:

Inequality, Risk-Taking, Financial Instability

Inequality, Tax Avoidance, and Financial Instability

CEPR Discussion Paper No. DP8391
Number of pages: 29 Posted: 19 May 2011
Augustin Landier and Guillaume Plantin
Toulouse School of Economics and University of Toulouse 1 - Toulouse School of Economics (TSE)
Downloads 4 (532,446)
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Abstract:

financial instability, tax avoidance

22.

Endogenous Agency Problems and the Dynamics of Rents

Number of pages: 44 Posted: 04 May 2015
Bruno Biais and Augustin Landier
University of Toulouse 1 - Toulouse School of Economics (TSE) and Toulouse School of Economics
Downloads 24 (237,822)
Citation 1

Abstract:

dynamic contracts, rents, optimal compensation, social norms

23.

Regulating Systemic Risk Through Transparency: Tradeoffs in Making Data Public

NBER Working Paper No. w17664
Number of pages: 15 Posted: 17 Dec 2011
Augustin Landier and David Thesmar
Toulouse School of Economics and MIT Sloan
Downloads 22 (370,268)

Abstract:

Banks' Exposure to Interest Rate Risk and the Transmission of Monetary Policy

NBER Working Paper No. w18857
Number of pages: 40 Posted: 01 Mar 2013
Augustin Landier, David Alexandre Sraer and David Thesmar
Toulouse School of Economics, University of California, Berkeley and MIT Sloan
Downloads 18 (455,458)
Citation 2

Abstract:

Banks Exposure to Interest Rate Risk and the Transmission of Monetary Policy

CEPR Discussion Paper No. DP10300
Number of pages: 43 Posted: 23 Jan 2015
Augustin Landier, David Alexandre Sraer and David Thesmar
Toulouse School of Economics, University of California, Berkeley and MIT Sloan
Downloads 1 (553,418)
Citation 2
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Abstract:

bank lending, interest rate risk, monetary policy

25.

The Perverse Effects of Partial Labour Market Reform: Fixed-Term Contracts in France

Economic Journal, Vol. 112, pp. F189-F213, 2002
Number of pages: 31 Posted: 22 Dec 2002
Olivier J. Blanchard and Augustin Landier
National Bureau of Economic Research (NBER) and Toulouse School of Economics
Downloads 19 (434,556)
Citation 48
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Abstract:

CEO Pay and Firm Size: An Update after the Crisis

NBER Working Paper No. w19078
Number of pages: 38 Posted: 31 May 2013
Xavier Gabaix, Augustin Landier and Julien Sauvagnat
Harvard University - Department of Economics, Toulouse School of Economics and Bocconi University
Downloads 6 (522,457)

Abstract:

CEO Pay and Firm Size: An Update after the Crisis

CEPR Discussion Paper No. DP9498
Number of pages: 40 Posted: 06 Jun 2013
Xavier Gabaix, Augustin Landier and Julien Sauvagnat
Harvard University - Department of Economics, Toulouse School of Economics and Bocconi University
Downloads 2 (543,950)
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Abstract:

assignment models, economics of superstars, Executive pay, inequality, matching.

CEO Pay and Firm Size: An Update after the Crisis

The Economic Journal, Vol. 124, Issue 574, pp. F40-F59, 2014
Number of pages: 20 Posted: 25 Feb 2014
Xavier Gabaix, Augustin Landier and Julien Sauvagnat
Harvard University - Department of Economics, Toulouse School of Economics and Bocconi University
Downloads 0
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Abstract:

27.

Investigating Capitalism Aversion

Economic Policy, Vol. 23, Issue 55, pp. 465-497, July 2008
Number of pages: 32 Posted: 12 Jun 2008
Augustin Landier, David Thesmar and Mathias Thoenig
Toulouse School of Economics, MIT Sloan and Ecole Nationale des Ponts et Chaussées (ENPC) - Centre d'Enseignement et de Recherche en Analyse Socio-Economique (CERAS)
Downloads 1 (525,863)
Citation 12
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Abstract:

28.

Taxing the Rich

Number of pages: 56 Posted: 08 Jun 2016
Augustin Landier and Guillaume Plantin
Toulouse School of Economics and University of Toulouse 1 - Toulouse School of Economics (TSE)
Downloads 0 (262,622)

Abstract:

29.

Sticky Expectations and the Profitability Anomaly

HEC Paris Research Paper No. FIN-2016-1136, Swiss Finance Institute Research Paper No. 16-60
Number of pages: 53 Posted: 07 Mar 2016 Last Revised: 05 Dec 2016
Capital Fund Management, University of Geneva, Toulouse School of Economics and MIT Sloan
Downloads 0 (18,073)

Abstract:

Stock market anomalies, Sticky expectations

30.

The Excess Returns of 'Quality' Stocks: A Behavioral Anomaly

HEC Paris Research Paper No. FIN-2016-1134
Number of pages: 11 Posted: 18 Jan 2016 Last Revised: 11 Feb 2016
Capital Fund Management, Capital Fund Management, Toulouse School of Economics, Capital Fund Management and MIT Sloan
Downloads 0 (20,033)

Abstract:

Quality anomaly, financial analysts misplaced focus, behavioral biases

31.

Trade-Offs in Staying Close: Corporate Decision Making and Geographic Dispersion

The Review of Financial Studies, Vol. 22, No. 3, pp. 1119-1148, 2009
Posted: 17 Mar 2009
Augustin Landier, Vinay B. Nair and Julie Wulf
Toulouse School of Economics, University of Pennsylvania - Finance Department and Harvard Business School

Abstract:

G34, J63, R30

32.

Financial Contracting with Optimistic Entrepreneurs

The Review of Financial Studies, Vol. 22, No. 1, pp. 117-150, 2009
Posted: 03 Jan 2009
Augustin Landier and David Thesmar
Toulouse School of Economics and MIT Sloan

Abstract:

G32, D86