Xavier Gabaix

Harvard University - Department of Economics

Prof. of economics

Littauer Center

Cambridge, MA 02138

United States

National Bureau of Economic Research (NBER)

1050 Massachusetts Avenue

Cambridge, MA 02138

United States

Centre for Economic Policy Research (CEPR)

London

United Kingdom

European Corporate Governance Institute (ECGI)

c/o ECARES ULB CP 114

B-1050 Brussels

Belgium

SCHOLARLY PAPERS

43

DOWNLOADS
Rank 272

SSRN RANKINGS

Top 272

in Total Papers Downloads

54,818

SSRN CITATIONS
Rank 64

SSRN RANKINGS

Top 64

in Total Papers Citations

969

CROSSREF CITATIONS

4,744

Scholarly Papers (43)

1.
Downloads 10,858 ( 373)
Citation 97

Institutional Investors and Stock Market Volatility

MIT Department of Economics Working Paper No. 03-30
Number of pages: 51 Posted: 11 Sep 2003 Last Revised: 01 Jun 2010
Harvard University - Department of Economics, Boston University - Center for Polymer Studies, Boston University - Center for Polymer Studies and Boston University - Center for Polymer Studies
Downloads 10,735 (382)
Citation 38

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stock market crashes, power law, tail behavior, Levy distribution, market microstructure, behavioral finance, scaling, volume, excess volatility, price pressure

Institutional Investors and Stock Market Volatility

NBER Working Paper No. w11722
Number of pages: 52 Posted: 18 Jan 2006 Last Revised: 14 Jul 2010
Harvard University - Department of Economics, Boston University - Center for Polymer Studies, Boston University - Center for Polymer Studies and Boston University - Center for Polymer Studies
Downloads 123 (231,804)
Citation 4

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The Age of Reason: Financial Decisions over the Life-Cycle with Implications for Regulation

Number of pages: 76 Posted: 29 Mar 2008 Last Revised: 22 Oct 2009
National University of Singapore, Federal Reserve Board, Harvard University - Department of Economics and Harvard University - Department of Economics
Downloads 5,695 (1,183)
Citation 38

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Household finance, aging, financial sophistication, shrouding, credit cards, fees, mortgages, regulation

The Age of Reason: Financial Decisions Over the Lifecycle

NYU Working Paper No. FIN-07-005
Number of pages: 51 Posted: 03 Nov 2008
National University of Singapore, Federal Reserve Board, Harvard University - Department of Economics and Harvard University - Department of Economics
Downloads 147 (200,934)

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Household finance, behavioral finance, behavioral industrial organization, aging, shrouding, auto loans, credit cards, fees, home equity, home equity

The Age of Reason: Financial Decisions Over the Lifecycle

NBER Working Paper No. w13191
Number of pages: 51 Posted: 03 Jul 2007 Last Revised: 19 Jul 2010
National University of Singapore, Federal Reserve Board, Harvard University - Department of Economics and Harvard University - Department of Economics
Downloads 43 (424,898)
Citation 2

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3.
Downloads 5,129 ( 1,440)
Citation 83

Power Laws in Economics and Finance

Number of pages: 61 Posted: 27 Aug 2008 Last Revised: 03 Apr 2009
Xavier Gabaix
Harvard University - Department of Economics
Downloads 5,042 (1,456)
Citation 84

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scaling, fat tails, superstars, crashes

Power Laws in Economics and Finance

NBER Working Paper No. w14299
Number of pages: 62 Posted: 08 Sep 2008 Last Revised: 29 Jul 2010
Xavier Gabaix
Harvard University - Department of Economics
Downloads 87 (295,031)

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Power Laws in Economics and Finance

Annual Review of Economics, Vol. 1, pp. 255-294, 2009
Posted: 04 Jun 2010
Xavier Gabaix
Harvard University - Department of Economics

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Power Laws in Economics and Finance

Annual Review of Economics, Vol. 1, pp. 255-294, 2009
Posted: 31 Aug 2011
Xavier Gabaix
Harvard University - Department of Economics

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4.
Downloads 3,459 ( 2,873)
Citation 386

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 HEC
Downloads 2,661 (4,435)
Citation 9

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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 HEC
Downloads 642 (39,876)
Citation 14

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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 HEC
Downloads 118 (239,176)

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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 Last Revised: 15 Sep 2006
Xavier Gabaix and Augustin Landier
Harvard University - Department of Economics and HEC
Downloads 38 (446,064)
Citation 10

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5.
Downloads 3,387 ( 2,986)
Citation 61

Dynamic CEO Compensation

Journal of Finance 67(5), 1603-1647, October 2012
Number of pages: 63 Posted: 18 Mar 2009 Last Revised: 20 Dec 2013
London Business School - Institute of Finance and Accounting, Harvard University - Department of Economics, New York University (NYU) and University of California, Berkeley - Department of Economics
Downloads 3,297 (3,068)
Citation 8

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Contract theory, executive compensation, incentives, principal-agent problem, private saving, manipulation, vesting

Dynamic Incentive Accounts

NBER Working Paper No. w15324
Number of pages: 43 Posted: 08 Sep 2009 Last Revised: 09 Oct 2009
London Business School - Institute of Finance and Accounting, Harvard University - Department of Economics, New York University (NYU) and University of California, Berkeley - Department of Economics
Downloads 83 (303,832)

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Dynamic Incentive Accounts

CEPR Discussion Paper No. DP7497
Number of pages: 45 Posted: 17 Nov 2009
London Business School - Institute of Finance and Accounting, Harvard University - Department of Economics, New York University (NYU) and University of California, Berkeley - Department of Economics
Downloads 7 (633,788)
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Contract theory, executive compensation, incentives, manipulation, principal-agent problem, private saving, vesting

6.
Downloads 3,009 ( 3,651)
Citation 4

Executive Compensation: A Modern Primer

Journal of Economic Literature, Forthcoming, European Corporate Governance Institute (ECGI) - Finance Working Paper No. 450/2015
Number of pages: 171 Posted: 13 Mar 2015 Last Revised: 16 Oct 2018
Alex Edmans, Xavier Gabaix and Dirk Jenter
London Business School - Institute of Finance and Accounting, Harvard University - Department of Economics and London School of Economics & Political Science (LSE) - Department of Finance
Downloads 2,969 (3,655)
Citation 4

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Executive compensation, contract theory, principal-agent problem, rent extraction, optimal contracting

Executive Compensation: A Modern Primer

NBER Working Paper No. w21131
Number of pages: 70 Posted: 04 May 2015
Alex Edmans and Xavier Gabaix
London Business School - Institute of Finance and Accounting and Harvard University - Department of Economics
Downloads 39 (441,661)

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Executive Compensation: A Modern Primer

CEPR Discussion Paper No. DP10566
Number of pages: 71 Posted: 05 May 2015
Alex Edmans and Xavier Gabaix
London Business School - Institute of Finance and Accounting and Harvard University - Department of Economics
Downloads 1 (689,966)
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contract theory, executive compensation, optimal contracting, principal-agent problem, rent extraction

Executive Compensation: A Survey of Theory and Evidence

European Corporate Governance Institute (ECGI) - Finance Working Paper No. 514/2016
Number of pages: 173 Posted: 26 Jun 2017 Last Revised: 03 Aug 2017
Alex Edmans, Xavier Gabaix and Dirk Jenter
London Business School - Institute of Finance and Accounting, Harvard University - Department of Economics and London School of Economics & Political Science (LSE) - Department of Finance
Downloads 1,765 (8,864)
Citation 8

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Executive compensation, contracts, principal-agent problem, rent extraction

Executive Compensation: A Survey of Theory and Evidence

CESifo Working Paper Series No. 6585
Number of pages: 169 Posted: 24 Aug 2017
Alex Edmans, Xavier Gabaix and Dirk Jenter
London Business School - Institute of Finance and Accounting, Harvard University - Department of Economics and London School of Economics & Political Science (LSE) - Department of Finance
Downloads 567 (47,078)

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executive compensation, CEO compensation, managerial incentives, pay-for-performance, corporate governance

Executive Compensation: A Survey of Theory and Evidence

NBER Working Paper No. w23596
Number of pages: 168 Posted: 17 Jul 2017
Alex Edmans, Xavier Gabaix and Dirk Jenter
London Business School - Institute of Finance and Accounting, Harvard University - Department of Economics and London School of Economics & Political Science (LSE) - Department of Finance
Downloads 39 (441,661)

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Executive Compensation: A Survey of Theory and Evidence

CEPR Discussion Paper No. DP12148
Number of pages: 170 Posted: 18 Jul 2017
Alex Edmans, Xavier Gabaix and Dirk Jenter
London Business School - Institute of Finance and Accounting, Harvard University - Department of Economics and London School of Economics & Political Science (LSE) - Department of Finance
Downloads 1 (689,966)
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Shrouded Attributes, Consumer Myopia, and Information Suppression in Competitive Markets

MIT Department of Economics Working Paper No. 05-18
Number of pages: 37 Posted: 24 May 2005
Xavier Gabaix and David Laibson
Harvard University - Department of Economics and Harvard University - Department of Economics
Downloads 2,308 (5,620)
Citation 14

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behavioral economics, bounded rationality, consumer protection, information

Shrouded Attributes, Consumer Myopia, and Information Suppression in Competitive Markets

NBER Working Paper No. w11755
Number of pages: 37 Posted: 06 Feb 2006 Last Revised: 16 Aug 2010
Xavier Gabaix and David Laibson
Harvard University - Department of Economics and Harvard University - Department of Economics
Downloads 57 (374,490)
Citation 23

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9.
Downloads 2,278 ( 5,876)
Citation 2

Crash Risk in Currency Markets

NYU Working Paper No. FIN-09-007
Number of pages: 68 Posted: 07 May 2009 Last Revised: 13 Mar 2015
Harvard University - Department of Economics, Computer Science, Harvard University - Department of Economics, University of Southern California and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 2,224 (6,001)
Citation 1

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Exchange Rates, Disaster Risk, Currency Options

Crash Risk in Currency Markets

NBER Working Paper No. w15062
Number of pages: 94 Posted: 08 Jun 2009 Last Revised: 29 Aug 2010
Harvard University - Department of Economics, Computer Science, Harvard University - Department of Economics, University of Southern California and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 53 (387,974)
Citation 1

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Crash Risk in Currency Markets

CEPR Discussion Paper No. DP7322
Number of pages: 83 Posted: 15 Jul 2009
Harvard University - Department of Economics, Computer Science, Harvard University - Department of Economics, University of Southern California and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 1 (689,966)
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carry trade, currency crisis, currency options, disaster risk, exchange rate, financial crisis

Is CEO Pay Really Inefficient? A Survey of New Optimal Contracting Theories

Europen Financial Management, Vol. 15, No. 3, pp. 486-496, June 2009
Number of pages: 13 Posted: 24 Sep 2008 Last Revised: 07 Dec 2011
Alex Edmans and Xavier Gabaix
London Business School - Institute of Finance and Accounting and Harvard University - Department of Economics
Downloads 1,602 (10,390)
Citation 1

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Executive compensation, pay-performance sensitivity, rent extraction, optimal contracting

Is CEO Pay Really Inefficient? A Survey of New Optimal Contracting Theories

NYU Working Paper No. FIN-08-026
Number of pages: 13 Posted: 09 Mar 2009 Last Revised: 07 Dec 2011
Alex Edmans and Xavier Gabaix
London Business School - Institute of Finance and Accounting and Harvard University - Department of Economics
Downloads 224 (137,153)

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Is CEO Pay Really Inefficient? A Survey of New Optimal Contracting Theories

European Financial Management, Vol. 15, Issue 3, pp. 486-496, June 2009
Number of pages: 11 Posted: 27 May 2009
Alex Edmans and Xavier Gabaix
London Business School - Institute of Finance and Accounting and Harvard University - Department of Economics
Downloads 1 (689,966)
Citation 1
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11.
Downloads 1,646 ( 10,125)
Citation 7

Learning in the Credit Card Market

Number of pages: 44 Posted: 06 Apr 2008 Last Revised: 26 Apr 2013
National University of Singapore, Federal Reserve Board, Harvard University - Department of Economics and Harvard University - Department of Economics
Downloads 1,546 (10,992)
Citation 8

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household finance, consumer finance, credit cards, feedback, learning, learning-by-doing, recency

Learning in the Credit Card Market

NBER Working Paper No. w13822
Number of pages: 37 Posted: 15 Feb 2008 Last Revised: 26 Mar 2008
National University of Singapore, Federal Reserve Board, Harvard University - Department of Economics and Harvard University - Department of Economics
Downloads 100 (269,187)

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12.

A Unified Theory of Ten Financial Puzzles

9th Annual Texas Finance Festival
Number of pages: 38 Posted: 01 Apr 2007
Xavier Gabaix
Harvard University - Department of Economics
Downloads 1,380 (13,422)

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Rare Disasters, Stochastic Discount Factor, Linearity-generating process, Long term risk, Interest rate processes, Yield curve, Bond pricing, Equity Premium, Value Premium, Risk-free rate puzzle, Excess volatility, Forward premium puzzle, Uncovered interest rate parity puzzle

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 HEC
Downloads 1,197 (16,387)
Citation 10

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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 HEC

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D2, D3, G34, J3

14.
Downloads 1,072 ( 19,728)
Citation 44

The Effect of Risk on the CEO Market

Review of Financial Studies 24(8), 2822-2863, August 2011
Number of pages: 44 Posted: 31 Dec 2009 Last Revised: 20 Dec 2013
Alex Edmans and Xavier Gabaix
London Business School - Institute of Finance and Accounting and Harvard University - Department of Economics
Downloads 1,030 (20,508)
Citation 1

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Executive compensation, incentives, talent, market equilibrium, risk, assignment

Risk and the CEO Market: Why Do Some Large Firms Hire Highly-Paid, Low-Talent CEOS?

NBER Working Paper No. w15987
Number of pages: 43 Posted: 17 May 2010 Last Revised: 08 Sep 2010
Alex Edmans and Xavier Gabaix
London Business School - Institute of Finance and Accounting and Harvard University - Department of Economics
Downloads 37 (450,415)

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Risk and the CEO Market: Why Do Some Large Firms Hire Highly-Paid, Low-Talent CEOs?

CEPR Discussion Paper No. DP7836
Number of pages: 45 Posted: 19 Jul 2010
Alex Edmans and Xavier Gabaix
London Business School - Institute of Finance and Accounting and Harvard University - Department of Economics
Downloads 5 (648,443)
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assignment, executive compensation, incentives, market equilibrium, risk, talent

15.

The Allocation of Attention: Theory and Evidence

MIT Department of Economics Working Paper No. 03-31
Number of pages: 45 Posted: 16 Sep 2003
Harvard University - Department of Economics, Harvard University - Department of Economics, University of Chicago - Department of Economics and Harvard University
Downloads 1,019 (21,232)
Citation 21

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attention, satisficing, Mouselab, bounded rationality, behavioral economics, experimental economics, cognitive modeling

Limits of Arbitrage: Theory and Evidence from the Mortgage-Backed Securities Market

EFA 2004 Maastricht Meetings Paper No. 4940, Fifteenth Annual Utah Winter Finance Conference
Number of pages: 44 Posted: 11 Jun 2004
Harvard University - Department of Economics, Northwestern University - Kellogg School of Management and UBM
Downloads 895 (25,278)
Citation 3

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Market segmentation, prepayment risk, liquidity, limited capital, hedge funds, limits to arbitrage.

Limits of Arbitrage: Theory and Evidence from the Mortgage-Backed Securities Market

NBER Working Paper No. w11851
Number of pages: 47 Posted: 08 Mar 2006
Harvard University - Department of Economics, Northwestern University - Kellogg School of Management and UBM
Downloads 58 (371,198)
Citation 9

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Rank-1/2: A Simple Way to Improve the OLS Estimation of Tail Exponents

Harvard Institute of Economic Research Discussion Paper No. 2106
Number of pages: 34 Posted: 07 Feb 2006 Last Revised: 19 Jun 2009
Xavier Gabaix and Rustam Ibragimov
Harvard University - Department of Economics and Harvard University - Department of Economics
Downloads 916 (24,438)
Citation 16

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power law, heavy-tailedness, OLS log-log rank-size regression, bias, standard errors, Zipf's law

Rank-1/2: A Simple Way to Improve the Ols Estimation of Tail Exponents

NBER Working Paper No. t0342
Number of pages: 37 Posted: 14 Sep 2007
Rustam Ibragimov and Xavier Gabaix
Harvard University - Department of Economics and Harvard University - Department of Economics
Downloads 34 (464,113)
Citation 2

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18.

Granular Instrumental Variables

Number of pages: 93 Posted: 15 Apr 2019 Last Revised: 01 Aug 2019
Xavier Gabaix and Ralph S. J. Koijen
Harvard University - Department of Economics and University of Chicago - Booth School of Business
Downloads 838 (28,169)

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19.
Downloads 642 ( 40,471)
Citation 92

International Liquidity and Exchange Rate Dynamics

Number of pages: 67 Posted: 07 Dec 2013 Last Revised: 21 Jul 2015
Xavier Gabaix and Matteo Maggiori
Harvard University - Department of Economics and Harvard University
Downloads 612 (42,532)
Citation 2

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Exchange Rate Disconnect, Capital Flows, FX Intervention, Limits of Arbitrage

International Liquidity and Exchange Rate Dynamics

NBER Working Paper No. w19854
Number of pages: 68 Posted: 25 Jan 2014
Xavier Gabaix and Matteo Maggiori
Harvard University - Department of Economics and Harvard University
Downloads 29 (489,424)
Citation 1

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International Liquidity and Exchange Rate Dynamics

CEPR Discussion Paper No. DP9842
Number of pages: 66 Posted: 02 Jun 2014
Xavier Gabaix and Matteo Maggiori
Harvard University - Department of Economics and Harvard University
Downloads 1 (689,966)
Citation 20
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Capital Flows, Exchange Rate Disconnect, Foreign Exchange Intervention, Limits of Arbitrage

20.
Downloads 609 ( 43,425)
Citation 50

The Granular Origins of Aggregate Fluctuations

Number of pages: 44 Posted: 23 Mar 2008 Last Revised: 18 Aug 2009
Xavier Gabaix
Harvard University - Department of Economics
Downloads 571 (46,680)
Citation 50

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Business cycle, idiosyncratic shocks, productivity, Solow residual, granular residual, comovement

The Granular Origins of Aggregate Fluctuations

NBER Working Paper No. w15286
Number of pages: 45 Posted: 25 Aug 2009 Last Revised: 04 Oct 2009
Xavier Gabaix
Harvard University - Department of Economics
Downloads 38 (446,064)

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Variable Rare Disasters: An Exactly Solved Framework for Ten Puzzles in Macro-Finance

AFA 2009 San Francisco Meetings Paper
Number of pages: 44 Posted: 18 Mar 2008
Xavier Gabaix
Harvard University - Department of Economics
Downloads 457 (61,950)
Citation 17

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Rare disasters, Asset Pricing Puzzles, Return predictability, Crash risk, Equilibrium asset pricing

Variable Rare Disasters: An Exactly Solved Framework for Ten Puzzles in Macro-Finance

NYU Working Paper No. 2451/28349
Number of pages: 44 Posted: 08 Dec 2009
Xavier Gabaix
Harvard University - Department of Economics
Downloads 75 (323,073)
Citation 21

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Variable Rare Disasters: An Exactly Solved Framework for Ten Puzzles in Macro-Finance

NBER Working Paper No. w13724
Number of pages: 45 Posted: 11 Jan 2008 Last Revised: 03 Jul 2010
Xavier Gabaix
Harvard University - Department of Economics
Downloads 47 (409,367)

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22.

Linearity-Generating Processes, Unspanned Stochastic Volatility, and Interest-Rate Option Pricing

Number of pages: 51 Posted: 19 Mar 2011
Peter Carr, Xavier Gabaix and Liuren Wu
New York University Finance and Risk Engineering, Harvard University - Department of Economics and City University of New York, CUNY Baruch College - Zicklin School of Business
Downloads 530 (52,084)
Citation 11

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The 6d Bias and the Equity Premium Puzzle

Harvard Institute of Economic Research Paper No. 1947; MIT Department of Economics Working Paper No. 02-01
Number of pages: 47 Posted: 17 Jan 2002
Xavier Gabaix and David Laibson
Harvard University - Department of Economics and Harvard University - Department of Economics
Downloads 514 (53,385)
Citation 36

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6D, bounded rationality, decision costs, delayed adjustment, equity premium puzzle

The 6d Bias and the Equity Premium Puzzle

Forthcoming in 2001 NBER Macroeconomics Annual
Posted: 08 Feb 2002
Xavier Gabaix and David Laibson
Harvard University - Department of Economics and Harvard University - Department of Economics

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6D, bounded rationality, decision costs, delayed adjustment, equity premium puzzle

24.
Downloads 443 ( 55,346)
Citation 65

Rare Disasters and Exchange Rates

Paris December 2007 Finance International Meeting AFFI-EUROFIDAI Paper
Number of pages: 70 Posted: 13 Dec 2007 Last Revised: 15 Oct 2014
Emmanuel Farhi and Xavier Gabaix
Harvard University - Department of Economics and Harvard University - Department of Economics
Downloads 392 (74,480)
Citation 1

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Disaster risk, forward premium puzzle, uncovered interest rate parity, risk-reversals, international macro-finance puzzles

Rare Disasters and Exchange Rates

NBER Working Paper No. w13805
Number of pages: 47 Posted: 13 Feb 2008 Last Revised: 22 Sep 2010
Emmanuel Farhi and Xavier Gabaix
Harvard University - Department of Economics and Harvard University - Department of Economics
Downloads 51 (394,929)

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Rare Disasters and Exchange Rates

CEPR Discussion Paper No. DP10334
Number of pages: 72 Posted: 23 Jan 2015
Emmanuel Farhi and Xavier Gabaix
Harvard University - Department of Economics and Harvard University - Department of Economics
Downloads 0
Citation 6
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disaster risk, forward premium puzzle, international macro-finance puzzles, risk-reversals, uncovered interest rate parity

25.
Downloads 393 ( 74,962)
Citation 34

Tractability in Incentive Contracting

Review of Financial Studies, Forthcoming
Number of pages: 31 Posted: 22 Jul 2008 Last Revised: 07 Dec 2011
Alex Edmans and Xavier Gabaix
London Business School - Institute of Finance and Accounting and Harvard University - Department of Economics
Downloads 365 (81,029)
Citation 1

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Contract theory, executive compensation, incentives, principal-agent problem, closed forms, multiperiod contracts, multiperiod games.

Tractability in Incentive Contracting

NBER Working Paper No. w15545
Number of pages: 67 Posted: 01 Dec 2009 Last Revised: 24 Jun 2010
Alex Edmans and Xavier Gabaix
London Business School - Institute of Finance and Accounting and Harvard University - Department of Economics
Downloads 25 (512,869)

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Tractability in Incentive Contracting

CEPR Discussion Paper No. DP7578
Number of pages: 69 Posted: 11 Jan 2010
Alex Edmans and Xavier Gabaix
London Business School - Institute of Finance and Accounting and Harvard University - Department of Economics
Downloads 3 (665,050)
Citation 1
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closed forms, contract theory, dispersive order, executive compensation, incentives, principal-agent problem, subderivative

26.

A Primer on Tractable Incentive Contracts

Number of pages: 8 Posted: 24 Jun 2011 Last Revised: 07 Dec 2011
Alex Edmans and Xavier Gabaix
London Business School - Institute of Finance and Accounting and Harvard University - Department of Economics
Downloads 265 (116,089)

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Contract theory, executive compensation, incentives, principal-agent problem, closed forms, multiperiod contracts

27.
Downloads 260 (118,399)
Citation 102

A Sparsity-Based Model of Bounded Rationality

AFA 2013 San Diego Meetings Paper
Number of pages: 52 Posted: 08 Mar 2011 Last Revised: 18 Mar 2012
Xavier Gabaix
Harvard University - Department of Economics
Downloads 228 (134,769)
Citation 4

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anchoring and adjustment, inattention, boundedly rational dynamic programming, price rigidity, hedging demand, sparse representations, L1 minimization, dictionaries

A Sparsity-Based Model of Bounded Rationality

NBER Working Paper No. w16911
Number of pages: 41 Posted: 04 Apr 2011
Xavier Gabaix
Harvard University - Department of Economics
Downloads 32 (473,740)
Citation 17

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28.

The Tractable 'Quadratic' Class of Growth and Interest Rate Processes

MIT Department of Economics Working Paper No. 06-17
Number of pages: 31 Posted: 13 Jun 2006
Xavier Gabaix
Harvard University - Department of Economics
Downloads 128 (223,958)

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Long term risk, Growth rate risk, Perpetuity, Modified Gordon growth model, Yield curve, Interest rate processes, Stochastic Discount Factor, Quadratic processes

29.

Trade Patterns, Trade Balances and Idiosyncratic Shocks

Banco de España Research Paper No. WP-0721, "la Caixa" Working Paper No. 02/2007
Number of pages: 45 Posted: 03 Jul 2007 Last Revised: 30 Apr 2008
La Caixa, Harvard University - Department of Economics, Banco de España and Columbia University - Graduate School of Arts and Sciences - Department of Economics
Downloads 124 (229,475)
Citation 59

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trade balance, trade concentration, firms, empirical

Linearity-Generating Processes: A Modelling Tool Yielding Closed Forms for Asset Prices

NYU Working Paper No. FIN-07-006
Number of pages: 44 Posted: 03 Nov 2008
Xavier Gabaix
Harvard University - Department of Economics
Downloads 68 (341,480)

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Modified Gordon growth model, Stochastic Discount Factor, Long term risk, Interest rate processes, Bond premia, Equity Premium

Linearity-Generating Processes: A Modelling Tool Yielding Closed Forms for Asset Prices

NBER Working Paper No. w13430
Number of pages: 53 Posted: 26 Sep 2007 Last Revised: 13 Sep 2010
Xavier Gabaix
Harvard University - Department of Economics
Downloads 49 (402,180)

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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 HEC
Downloads 81 (308,415)

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A Calibratable Model of Optimal CEO Incentives in Market Equilibrium

NBER Working Paper No. w13372
Number of pages: 51 Posted: 10 Sep 2007 Last Revised: 17 Jul 2010
Alex Edmans, Xavier Gabaix and Augustin Landier
London Business School - Institute of Finance and Accounting, Harvard University - Department of Economics and HEC
Downloads 30 (483,955)

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Behavioral Macroeconomics via Sparse Dynamic Programming

Number of pages: 135 Posted: 20 Dec 2015
Xavier Gabaix
Harvard University - Department of Economics
Downloads 51 (394,929)

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Bounded rationality, inattention

Behavioral Macroeconomics Via Sparse Dynamic Programming

NBER Working Paper No. w21848
Number of pages: 55 Posted: 12 Jan 2016 Last Revised: 16 Jan 2016
Xavier Gabaix
Harvard University - Department of Economics
Downloads 21 (538,411)

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Behavioral Macroeconomics Via Sparse Dynamic Programming

CEPR Discussion Paper No. DP11026
Number of pages: 56 Posted: 12 Jan 2016
Xavier Gabaix
Harvard University - Department of Economics
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Bounded rationality, inattention, simplification

33.
Downloads 67 (340,131)
Citation 7

Behavioral Inattention

NBER Working Paper No. w24096
Number of pages: 96 Posted: 16 Dec 2017
Xavier Gabaix
Harvard University - Department of Economics
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Citation 4
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Behavioral Inattention

CEPR Discussion Paper No. DP13268
Number of pages: 98 Posted: 22 Oct 2018
Xavier Gabaix
Harvard University - Department of Economics
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34.

Tractability and Detail-Neutrality in Incentive Contracting

NYU Working Paper No. FIN-08-019
Number of pages: 46 Posted: 09 Mar 2009
Alex Edmans and Xavier Gabaix
London Business School - Institute of Finance and Accounting and Harvard University - Department of Economics
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35.

The Great Diversification and its Undoing

Number of pages: 50 Posted: 30 Sep 2010
Vasco M. Carvalho and Xavier Gabaix
Universitat Pompeu Fabra/CREI and Harvard University - Department of Economics
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shocks, origins of the business cycle, great moderation, structural change, granularity

36.
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Citation 7

A Behavioral New Keynesian Model

NBER Working Paper No. w22954
Number of pages: 60 Posted: 19 Dec 2016 Last Revised: 30 Jan 2017
Xavier Gabaix
Harvard University - Department of Economics
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A Behavioral New Keynesian Model

CEPR Discussion Paper No. DP11729
Number of pages: 71 Posted: 03 Jan 2017
Xavier Gabaix
Harvard University - Department of Economics
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behavioral macroeconomics, bounded rationality, forward guidance, price level targetting, zero lower bound

37.

The Area and Population of Cities: New Insights from a Different Perspective on Cities

NBER Working Paper No. w15409
Number of pages: 28 Posted: 13 Oct 2009 Last Revised: 10 Aug 2010
City College of New York, City College of New York, Harvard University - Department of Economics and City College of New York
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38.
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Citation 30

The Dynamics of Inequality

NBER Working Paper No. w21363
Number of pages: 46 Posted: 20 Jul 2015 Last Revised: 12 Aug 2015
Harvard University - Department of Economics, BNP Paribas, Université Paris Dauphine - CEREMADE and Princeton University - Department of Economics
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The Dynamics of Inequality

CEPR Discussion Paper No. DP11028
Number of pages: 39 Posted: 12 Jan 2016
Harvard University - Department of Economics, BNP Paribas, Université Paris Dauphine - CEREMADE and Princeton University - Department of Economics
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inequality, operator methods, Pareto distribution, speed of transition, superstars

39.
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Citation 53

The Great Diversification and its Undoing

NBER Working Paper No. w16424
Number of pages: 51 Posted: 04 Oct 2010 Last Revised: 06 Oct 2010
Vasco M. Carvalho and Xavier Gabaix
Universitat Pompeu Fabra/CREI and Harvard University - Department of Economics
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The Great Diversification and its Undoing

CEPR Discussion Paper No. DP8044
Number of pages: 53 Posted: 22 Nov 2010
Vasco M. Carvalho and Xavier Gabaix
Universitat Pompeu Fabra/CREI and Harvard University - Department of Economics
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granularity, great moderation, origins of the business cycle, shocks, structural change

Boundedly Rational Dynamic Programming: Some Preliminary Results

NBER Working Paper No. w17783
Number of pages: 12 Posted: 25 Feb 2012
Xavier Gabaix
Harvard University - Department of Economics
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Boundedly Rational Dynamic Programming: Some Preliminary Results

CEPR Discussion Paper No. DP8813
Posted: 01 Mar 2012
Xavier Gabaix
Harvard University - Department of Economics

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behavioral economics, bounded rationality, inattention, intertemporal elasticity of substitution

41.

Optimal Taxation with Behavioral Agents

NBER Working Paper No. w21524
Number of pages: 54 Posted: 08 Sep 2015
Emmanuel Farhi and Xavier Gabaix
Harvard University - Department of Economics and Harvard University - Department of Economics
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42.
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Citation 3

Myopia and Discounting

NBER Working Paper No. w23254
Number of pages: 38 Posted: 20 Mar 2017
Xavier Gabaix and David Laibson
Harvard University - Department of Economics and Harvard University - Department of Economics
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Myopia and Discounting

CEPR Discussion Paper No. DP11914
Number of pages: 40 Posted: 20 Mar 2017
Xavier Gabaix and David Laibson
Harvard University - Department of Economics and Harvard University - Department of Economics
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Behavioral economics, discounting, myopia

43.
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Citation 8

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, HEC and Bocconi University
Downloads 14 (584,593)
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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, HEC and Bocconi University
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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, HEC and Bocconi University
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