Augustin Landier

Toulouse School of Economics

Professor of Economics

Place Anatole-France

Toulouse Cedex, F-31042

France

SCHOLARLY PAPERS

34

DOWNLOADS
Rank 1,295

SSRN RANKINGS

Top 1,295

in Total Papers Downloads

18,178

CITATIONS
Rank 742

SSRN RANKINGS

Top 742

in Total Papers Citations

691

Scholarly Papers (34)

1.
Downloads 3,324 ( 2,286)
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 2,587 (3,498)
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 602 (34,951)
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 104 (217,985)
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 31 (403,141)
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, USI Lugano, Toulouse School of Economics and Villanova University - Department of Finance
Downloads 1,817 (5,444)
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 (7,309)
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 1,147 (13,691)
Citation 91

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 (12,323)
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 (26,971)
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 (27,026)
Citation 45

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 549 (39,536)
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 (412,416)
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 (39,082)
Citation 8

Abstract:

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

10.
Downloads 474 ( 48,258)
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 451 (50,803)
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 23 (444,123)
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 (46,277)
Citation 2

Abstract:

Interest rate risk, monetary policy, bank lending

12.
Downloads 348 ( 70,137)
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 236 (106,978)
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 86 (247,925)
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 26 (427,445)
Citation 13
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Abstract:

Corporate governance, corporate performance, acquisition, executives

13.

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 (63,452)
Citation 1

Abstract:

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

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 328 (74,519)

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

15.

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 (29,181)

Abstract:

trading costs, asset pricing anomalies, asset management, arbitrage

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 (86,494)
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 (162,473)
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 (200,299)
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 (267,649)
Citation 85

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 (449,866)
Citation 85

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 (178,092)

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 77 (265,525)

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 (550,723)
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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 (233,922)
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 (381,507)

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 20 (461,335)
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 (575,366)
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 (451,420)
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 (540,602)

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 (564,245)
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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 (547,062)
Citation 12
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Abstract:

28.

Entrepreneurship and Information on Past Failures: A Natural Experiment

Number of pages: 50 Posted: 18 Jul 2017
Christophe Cahn, Mattia Girotti and Augustin Landier
Banque de France - Direction des Entreprises, Banque de France and Toulouse School of Economics
Downloads 0 (446,093)

Abstract:

Entrepreneurship, Access to credit, Bankruptcy

29.

Brokers and Order Flow Leakage: Evidence from Fire Sales

Number of pages: 36 Posted: 23 Jun 2017 Last Revised: 28 Jun 2017
Università della Svizzera italiana (USI), Lugano, Harvard Business School, USI Lugano and Toulouse School of Economics
Downloads 0 (157,975)

Abstract:

Predatory Trading, Back Running, Fire Sales, Brokers

30.

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 (233,922)

Abstract:

31.

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 (14,365)

Abstract:

Stock market anomalies, Sticky expectations

32.

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 (18,309)

Abstract:

Quality anomaly, financial analysts misplaced focus, behavioral biases

33.

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

34.

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