David Thesmar

Massachusetts Institute of Technology (MIT) - Economics, Finance, Accounting (EFA)

Professor of Finance

77 Massachusetts Avenue

Cambridge, MA 02139-4307

United States

SCHOLARLY PAPERS

43

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17,262

CITATIONS
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391

Scholarly Papers (43)

1.
Downloads 2,293 ( 4,566)
Citation 17

Stock Price Fragility

Harvard Business School Research Paper No. 1490734
Number of pages: 52 Posted: 21 Oct 2009 Last Revised: 13 Mar 2013
Robin M. Greenwood and David Thesmar
Harvard Business School - Finance Unit and Massachusetts Institute of Technology (MIT) - Economics, Finance, Accounting (EFA)
Downloads 2,150 (5,002)
Citation 17

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Stock Price Fragility

Number of pages: 46 Posted: 17 Mar 2010
Robin M. Greenwood and David Thesmar
Harvard Business School - Finance Unit and Massachusetts Institute of Technology (MIT) - Economics, Finance, Accounting (EFA)
Downloads 143 (174,655)
Citation 17

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non-fundamental risk, volatiltiy, comovement, destabilizing arbitrage

2.

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 Massachusetts Institute of Technology (MIT) - Economics, Finance, Accounting (EFA)
Downloads 1,322 (7,336)
Citation 1

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capital budgeting, cost of capital, behavioral finance, investment

3.

Investor Horizons and Corporate Policies

Journal of Financial and Quantitative Analysis (JFQA), Forthcoming
Number of pages: 52 Posted: 21 Oct 2009 Last Revised: 09 Mar 2013
François Derrien, David Thesmar and Ambrus Kecskes
HEC Paris - Finance Department, Massachusetts Institute of Technology (MIT) - Economics, Finance, Accounting (EFA) and York University - Schulich School of Business
Downloads 980 (12,317)
Citation 8

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Investor horizons, Institutional investors, Investment, Financing, Payouts, Mispricing, Market timing

Performance and Behavior of Family Firms: Evidence from the French Stock Market

ECGI - Finance Working Paper No. 130/2006
Number of pages: 65 Posted: 06 Sep 2006
David Alexandre Sraer and David Thesmar
University of California, Berkeley and Massachusetts Institute of Technology (MIT) - Economics, Finance, Accounting (EFA)
Downloads 703 (29,192)
Citation 62

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Family firms, management style, corporate performance

Performance and Behavior of Family Firms: Evidence from the French Stock Market

CEPR Discussion Paper No. 4520
Number of pages: 41 Posted: 21 Sep 2004
David Alexandre Sraer and David Thesmar
University of California, Berkeley and Massachusetts Institute of Technology (MIT) - Economics, Finance, Accounting (EFA)
Downloads 46 (354,645)
Citation 62
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Family firms, management style, corporate performance

5.
Downloads 722 ( 28,630)
Citation 24

Social Networks in the Boardroom

IZA Discussion Paper No. 1940
Number of pages: 53 Posted: 30 Jan 2006
Francis Kramarz and David Thesmar
affiliation not provided to SSRN and Massachusetts Institute of Technology (MIT) - Economics, Finance, Accounting (EFA)
Downloads 665 (31,501)
Citation 24

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networks, corporate governance

Social Networks in the Boardroom

CEPR Discussion Paper No. 5496
Number of pages: 55 Posted: 23 May 2006
Francis Kramarz and David Thesmar
affiliation not provided to SSRN and Massachusetts Institute of Technology (MIT) - Economics, Finance, Accounting (EFA)
Downloads 57 (320,755)
Citation 24
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Social networks, corporate governance, board of directors

6.

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 Massachusetts Institute of Technology (MIT) - Economics, Finance, Accounting (EFA)
Downloads 667 (27,456)
Citation 45

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7.
Downloads 490 ( 47,642)
Citation 18

Individual Investors and Volatility

Journal of Finance, Forthcoming, AFA 2009 San Francisco Meetings Paper
Number of pages: 75 Posted: 17 Mar 2008 Last Revised: 13 Mar 2013
HEC Paris - Finance Department, University of California, Berkeley and Massachusetts Institute of Technology (MIT) - Economics, Finance, Accounting (EFA)
Downloads 486 (47,545)
Citation 18

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Idiosyncratic Volatility, Retail Trading, Noise Trading

Individual Investors and Volatility

CEPR Discussion Paper No. DP6915
Number of pages: 47 Posted: 20 Aug 2008
HEC Paris - Finance Department, University of California, Berkeley and Massachusetts Institute of Technology (MIT) - Economics, Finance, Accounting (EFA)
Downloads 4 (561,511)
Citation 18
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Idiosyncratic volatility, Noise trading, Retail investors

8.
Downloads 485 ( 48,242)
Citation 3

Vulnerable Banks

Number of pages: 64 Posted: 20 Nov 2011 Last Revised: 13 Mar 2013
Harvard Business School - Finance Unit, Toulouse School of Economics and Massachusetts Institute of Technology (MIT) - Economics, Finance, Accounting (EFA)
Downloads 462 (50,731)
Citation 3

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systemic risk, deleveraging, liquidity

Vulnerable Banks

NBER Working Paper No. w18537
Number of pages: 46 Posted: 20 Nov 2012
Harvard Business School - Finance Unit, Toulouse School of Economics and Massachusetts Institute of Technology (MIT) - Economics, Finance, Accounting (EFA)
Downloads 23 (453,725)
Citation 3

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Housing Collateral and Entrepreneurship

Journal of Finance, Forthcoming
Number of pages: 36 Posted: 22 Dec 2014 Last Revised: 20 Nov 2015
University of Michigan, Stephen M. Ross School of Business, University of California, Berkeley and Massachusetts Institute of Technology (MIT) - Economics, Finance, Accounting (EFA)
Downloads 416 (57,800)

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Collateral; Entrepreneurship; Real estate

Housing Collateral and Entrepreneurship

NBER Working Paper No. w19680
Number of pages: 44 Posted: 28 Nov 2013 Last Revised: 07 Oct 2014
University of Michigan, Stephen M. Ross School of Business, University of California, Berkeley and Massachusetts Institute of Technology (MIT) - Economics, Finance, Accounting (EFA)
Downloads 21 (465,307)

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10.

Growth LBOs

Journal of Financial Economics (JFE), Forthcoming
Number of pages: 42 Posted: 06 Mar 2009 Last Revised: 28 Sep 2012
affiliation not provided to SSRN, University of California, Berkeley and Massachusetts Institute of Technology (MIT) - Economics, Finance, Accounting (EFA)
Downloads 437 (41,404)
Citation 13

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LBO, Employment, Financial Constraints

11.

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

Number of pages: 60 Posted: 19 Feb 2013 Last Revised: 25 Aug 2017
Columbia University, Graduate School of Arts and Sciences, Department of Economics, Toulouse School of Economics, University of California, Berkeley and Massachusetts Institute of Technology (MIT) - Economics, Finance, Accounting (EFA)
Downloads 411 (44,942)
Citation 2

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Interest rate risk, monetary policy, bank lending

12.
Downloads 348 ( 72,110)
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 Massachusetts Institute of Technology (MIT) - Economics, Finance, Accounting (EFA)
Downloads 236 (109,828)
Citation 13

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Bottom-Up Corporate Governance

NYU Working Paper No. CLB-06-007
Number of pages: 48 Posted: 31 Oct 2008
Toulouse School of Economics, University of California, Berkeley and Massachusetts Institute of Technology (MIT) - Economics, Finance, Accounting (EFA)
Downloads 86 (254,031)
Citation 13

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Bottom-Up Corporate Governance

CEPR Discussion Paper No. 5500
Number of pages: 52 Posted: 23 May 2006
Toulouse School of Economics, University of California, Berkeley and Massachusetts Institute of Technology (MIT) - Economics, Finance, Accounting (EFA)
Downloads 26 (436,929)
Citation 13
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Corporate governance, corporate performance, acquisition, executives

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
Toulouse School of Economics, University of California, Berkeley and Massachusetts Institute of Technology (MIT) - Economics, Finance, Accounting (EFA)
Downloads 335 (74,829)

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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
Toulouse School of Economics, University of California, Berkeley and Massachusetts Institute of Technology (MIT) - Economics, Finance, Accounting (EFA)
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comovement, financial integration, house prices

Banking Integration and House Price Comovement

CEPR Discussion Paper No. DP10295
Posted: 23 Jan 2015
Toulouse School of Economics, University of California, Berkeley and Massachusetts Institute of Technology (MIT) - Economics, Finance, Accounting (EFA)
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banking deregulation, comovement, real estate

The Sovereign-Bank Diabolic Loop and Esbies

American Economic Review, Vol. 6, No. 5, May 2016, HEC Paris Research Paper No. FIN-2016-1133, Columbia Business School Research Paper No. 16-12
Number of pages: 14 Posted: 25 Jan 2016 Last Revised: 14 Jun 2016
Princeton University - Department of Economics, University of Chicago - Booth School of Business - Economics, Trinity College (Dublin) - Department of Economics, University of Naples Federico II - Department of Economics and Statistics, London School of Economics & Political Science (LSE), Columbia Business School, Massachusetts Institute of Technology (MIT) - Economics, Finance, Accounting (EFA), New York University Stern School of Business, Department of Finance and London School of Economics
Downloads 318 (79,344)

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diabolic loop, sovereign debt crisis, government default, bank default, bailout, ESBies

The Sovereign-Bank Diabolic Loop and Esbies

NBER Working Paper No. w21993
Number of pages: 16 Posted: 15 Feb 2016 Last Revised: 29 Feb 2016
Princeton University - Department of Economics, University of Chicago - Booth School of Business - Economics, Trinity College (Dublin) - Department of Economics, University of Naples Federico II - Department of Economics and Statistics, London School of Economics & Political Science (LSE), Columbia Business School, Massachusetts Institute of Technology (MIT) - Economics, Finance, Accounting (EFA), New York University Stern School of Business, Department of Finance and London School of Economics
Downloads 14 (506,262)
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The Sovereign-Bank Diabolic Loop and ESBies

CEPR Discussion Paper No. DP11317
Number of pages: 17 Posted: 13 Jun 2016
Princeton University - Department of Economics, University of Chicago - Booth School of Business - Economics, Trinity College (Dublin) - Department of Economics, University of Naples Federico II - Department of Economics and Statistics, London School of Economics & Political Science (LSE), Columbia University, Massachusetts Institute of Technology (MIT) - Economics, Finance, Accounting (EFA), New York University Stern School of Business, Department of Finance and London School of Economics
Downloads 1 (587,865)
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bailout, bank default, diabolic loop, ESBies, government default, sovereign debt crisis

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 Massachusetts Institute of Technology (MIT) - Economics, Finance, Accounting (EFA)
Downloads 306 (28,217)

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trading costs, asset pricing anomalies, asset management, arbitrage

16.
Downloads 248 (104,844)
Citation 8

Overcoming Limits of Arbitrage: Theory and Evidence

Number of pages: 35 Posted: 03 Mar 2009 Last Revised: 13 Mar 2013
Johan Hombert and David Thesmar
HEC Paris - Finance Department and Massachusetts Institute of Technology (MIT) - Economics, Finance, Accounting (EFA)
Downloads 245 (105,690)
Citation 8

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Limits of Arbitrage, Capital Structure, Market Efficiency

Limits of Limits of Arbitrage: Theory and Evidence

CEPR Discussion Paper No. DP7212
Number of pages: 45 Posted: 07 Apr 2009
Johan Hombert and David Thesmar
HEC Paris - Finance Department and Massachusetts Institute of Technology (MIT) - Economics, Finance, Accounting (EFA)
Downloads 3 (567,499)
Citation 8
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arbitrageur, capital structure

17.

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
Toulouse School of Economics, University of California, Berkeley and Massachusetts Institute of Technology (MIT) - Economics, Finance, Accounting (EFA)
Downloads 211 (84,385)
Citation 5

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

The Collateral Channel: How Real Estate Shocks Affect Corporate Investment

Number of pages: 34 Posted: 24 Jan 2011 Last Revised: 13 Mar 2013
Toulouse School of Economics, University of California, Berkeley and Massachusetts Institute of Technology (MIT) - Economics, Finance, Accounting (EFA)
Downloads 153 (164,943)
Citation 20

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Corporate investment, Real estate, Collateral

The Collateral Channel: How Real Estate Shocks Affect Corporate Investment

NBER Working Paper No. w16060
Number of pages: 30 Posted: 07 Jun 2010
Toulouse School of Economics, University of California, Berkeley and Massachusetts Institute of Technology (MIT) - Economics, Finance, Accounting (EFA)
Downloads 38 (383,133)
Citation 20

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19.

Optimal Dissent in Organizations

Number of pages: 34 Posted: 18 Nov 2005
Toulouse School of Economics, University of California, Berkeley and Massachusetts Institute of Technology (MIT) - Economics, Finance, Accounting (EFA)
Downloads 151 (166,563)
Citation 12

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Organization Design, Corporate Governance, Authority

20.

The Real Effects of Bank Capital Requirements

HEC Paris Research Paper No. FIN-2013-988
Number of pages: 43 Posted: 05 Jul 2013 Last Revised: 18 Sep 2015
Henri Fraisse, Mathias LÉ and David Thesmar
Banque de France - Autorité de contrôle Prudentiel, Autorité de Contrôle Prudentiel et de Résolution (ACPR) and Massachusetts Institute of Technology (MIT) - Economics, Finance, Accounting (EFA)
Downloads 150 (66,478)

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Bank capital ratios, Bank regulation, Credit supply

21.

Can Unemployment Insurance Spur Entrepreneurial Activity? Evidence from France

HEC Paris Research Paper No. FIN-2013-1020
Number of pages: 68 Posted: 23 Sep 2013 Last Revised: 24 Aug 2017
HEC Paris - Finance Department, Massachusetts Institute of Technology (MIT) - Sloan School of Management, University of California, Berkeley and Massachusetts Institute of Technology (MIT) - Economics, Finance, Accounting (EFA)
Downloads 138 (104,391)
Citation 1

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Entrepreneurship; Unemployment insurance; Crowding out

22.

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 Massachusetts Institute of Technology (MIT) - Economics, Finance, Accounting (EFA)
Downloads 88 (177,232)

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

23.

Systemic Risk in Clearing Houses: Evidence from the European Repo Market

HEC Paris Research Paper No. FIN-2015-1112
Number of pages: 57 Posted: 08 Oct 2014 Last Revised: 09 Oct 2015
HEC Paris - Finance Department, HEC Paris - Finance Department, HEC Paris - Finance Department and Massachusetts Institute of Technology (MIT) - Economics, Finance, Accounting (EFA)
Downloads 61 (67,969)
Citation 1

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repurchase agreement, sovereign debt crisis, LTRO, secured money market lending

24.

Banking Deregulation and Industry Structure: Evidence from the French Banking Reforms of 1985

CEPR Discussion Paper No. 4488
Number of pages: 42 Posted: 16 Aug 2004
University of Chicago - Booth School of Business, Massachusetts Institute of Technology (MIT) - Sloan School of Management and Massachusetts Institute of Technology (MIT) - Economics, Finance, Accounting (EFA)
Downloads 42 (357,983)
Citation 69
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Banking deregulation, industry structure, economic development

25.

On the Relation between Organisational Practices and New Technologies: The Role of (Time-Based) Competition

Economic Journal, Vol. 116, No. 508, pp. 128-154, January 2006
Number of pages: 27 Posted: 08 May 2006
Philippe Askenazy, David Thesmar and Mathias Thoenig
, Massachusetts Institute of Technology (MIT) - Economics, Finance, Accounting (EFA) and Ecole Nationale des Ponts et Chaussées (ENPC) - Centre d'Enseignement et de Recherche en Analyse Socio-Economique (CERAS)
Downloads 28 (415,208)
Citation 4
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26.

The Macroeconomics of Shareholder Pressure

CEPR Discussion Paper No. 3956
Number of pages: 40 Posted: 22 Aug 2003
David Thesmar
Massachusetts Institute of Technology (MIT) - Economics, Finance, Accounting (EFA)
Downloads 27 (419,801)
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Corporate governance, capital assumption, demography, inequality

27.

Globalization and the Demand for Skill: An Export Based Channel

CEPR Discussion Paper No. 3406
Number of pages: 38 Posted: 25 Jul 2002
Eric Maurin, Mathias Thoenig and David Thesmar
Paris School of Economics (PSE), Ecole Nationale des Ponts et Chaussées (ENPC) - Centre d'Enseignement et de Recherche en Analyse Socio-Economique (CERAS) and Massachusetts Institute of Technology (MIT) - Economics, Finance, Accounting (EFA)
Downloads 27 (419,801)
Citation 11
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Trade, exportations, labour demand, organization of production

28.

Financial Market Development and the Rise in Firm Level Uncertainty

CEPR Discussion Paper No. 4761
Number of pages: 48 Posted: 15 Feb 2005
Mathias Thoenig and David Thesmar
Ecole Nationale des Ponts et Chaussées (ENPC) - Centre d'Enseignement et de Recherche en Analyse Socio-Economique (CERAS) and Massachusetts Institute of Technology (MIT) - Economics, Finance, Accounting (EFA)
Downloads 25 (429,585)
Citation 19
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Financial development, firm-level uncertainty, risk sharing

29.

Time Based Competition and Innovation

CEPR Discussion Paper No. 3293
Number of pages: 24 Posted: 02 May 2002
Mathias Thoenig and David Thesmar
Ecole Nationale des Ponts et Chaussées (ENPC) - Centre d'Enseignement et de Recherche en Analyse Socio-Economique (CERAS) and Massachusetts Institute of Technology (MIT) - Economics, Finance, Accounting (EFA)
Downloads 23 (439,753)
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Firm organisation, reactivity, innovation, competition

30.

Regulating Systemic Risk Through Transparency: Tradeoffs in Making Data Public

NBER Working Paper No. w17664
Number of pages: 15 Posted: 17 Dec 2011 Last Revised: 29 Dec 2013
Augustin Landier and David Thesmar
Toulouse School of Economics and Massachusetts Institute of Technology (MIT) - Economics, Finance, Accounting (EFA)
Downloads 22 (386,344)

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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
Toulouse School of Economics, University of California, Berkeley and Massachusetts Institute of Technology (MIT) - Economics, Finance, Accounting (EFA)
Downloads 20 (471,195)
Citation 2

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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
Toulouse School of Economics, University of California, Berkeley and Massachusetts Institute of Technology (MIT) - Economics, Finance, Accounting (EFA)
Downloads 1 (587,865)
Citation 2
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bank lending, interest rate risk, monetary policy

32.

Changes in the Functional Structure of Firms and the Demand for Skill

CEPR Discussion Paper No. 3831
Number of pages: 51 Posted: 16 May 2003
Eric Maurin and David Thesmar
Paris School of Economics (PSE) and Massachusetts Institute of Technology (MIT) - Economics, Finance, Accounting (EFA)
Downloads 19 (460,775)
Citation 14
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Skill, tasks, technological change

Can Unemployment Insurance Spur Entrepreneurial Activity?

NBER Working Paper No. w20717
Number of pages: 70 Posted: 01 Dec 2014 Last Revised: 16 Dec 2014
HEC Paris - Finance Department, Massachusetts Institute of Technology (MIT) - Sloan School of Management, University of California, Berkeley and Massachusetts Institute of Technology (MIT) - Economics, Finance, Accounting (EFA)
Downloads 6 (550,992)
Citation 1

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Can Unemployment Insurance Spur Entrepreneurial Activity?

CEPR Discussion Paper No. DP10294
Number of pages: 71 Posted: 23 Jan 2015
HEC Paris - Finance Department, Massachusetts Institute of Technology (MIT) - Sloan School of Management, University of California, Berkeley and Massachusetts Institute of Technology (MIT) - Economics, Finance, Accounting (EFA)
Downloads 1 (587,865)
Citation 1
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Crowding out, Entrepreneurship, Unemployment

34.

Contrasting Trends in Firm Volatility: Theory and Evidence

CEPR Discussion Paper No. DP7135
Number of pages: 43 Posted: 18 Feb 2009
David Thesmar and Mathias Thoenig
Massachusetts Institute of Technology (MIT) - Economics, Finance, Accounting (EFA) and Ecole Nationale des Ponts et Chaussées (ENPC) - Centre d'Enseignement et de Recherche en Analyse Socio-Economique (CERAS)
Downloads 6 (526,788)
Citation 2
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Financial Integration, Firm-level Volatility, Listed vs non-listed Firms, Stockmarket Participation

35.

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, Massachusetts Institute of Technology (MIT) - Economics, Finance, Accounting (EFA) and Ecole Nationale des Ponts et Chaussées (ENPC) - Centre d'Enseignement et de Recherche en Analyse Socio-Economique (CERAS)
Downloads 1 (558,927)
Citation 12
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36.

CAPM-Based Company (Mis)valuations

Rotman School of Management Working Paper No. 3050928
Number of pages: 56 Posted: 11 Oct 2017
University of Toronto - Rotman School of Management, HEC Paris - Finance Department, Singapore Management University and Massachusetts Institute of Technology (MIT) - Economics, Finance, Accounting (EFA)
Downloads 0 (277,800)

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Capital Budgeting, Valuation, Mergers and Acquisitions, Capital Asset Pricing Model

37.

New Experimental Evidence on Expectations Formation

Number of pages: 59 Posted: 03 Oct 2017
Augustin Landier, Yueran Ma and David Thesmar
Toulouse School of Economics, Harvard University and Massachusetts Institute of Technology (MIT) - Economics, Finance, Accounting (EFA)
Downloads 0 (368,252)

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Expectation formation; extrapolation; underreaction

38.

Aggregate Effects of Collateral Constraints

Number of pages: 60 Posted: 05 Jun 2016 Last Revised: 12 Aug 2017
HEC Paris - Finance Department, Toulouse School of Economics, The Chinese University of Hong Kong, Shenzhen, University of California, Berkeley and Massachusetts Institute of Technology (MIT) - Economics, Finance, Accounting (EFA)
Downloads 0 (90,443)

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Structural model, Financing Constraint, Aggregate Implications

39.

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 Massachusetts Institute of Technology (MIT) - Economics, Finance, Accounting (EFA)
Downloads 0 (12,918)

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Stock market anomalies, Sticky expectations

40.

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 Massachusetts Institute of Technology (MIT) - Economics, Finance, Accounting (EFA)
Downloads 0 (17,615)

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Quality anomaly, financial analysts misplaced focus, behavioral biases

41.

Wholesale Funding Dry-Ups

HEC Paris Research Paper
Number of pages: 66 Posted: 23 Nov 2015 Last Revised: 01 Mar 2017
HEC Paris, Massachusetts Institute of Technology (MIT) - Economics, Finance, Accounting (EFA) and HEC Paris - Finance Department
Downloads 0 (36,384)

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wholesale funding, market freeze, certificates of deposits

42.

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 Massachusetts Institute of Technology (MIT) - Economics, Finance, Accounting (EFA)

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G32, D86

43.

Identifying Dynamic Discrete Decision Processes

Econometrica, Vol. 70, Pp. 801-816, 2002
Posted: 04 Oct 2002
Thierry Magnac and David Thesmar
Toulouse School of Economics and Massachusetts Institute of Technology (MIT) - Economics, Finance, Accounting (EFA)

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Dynamic discrete choice processes, identification