David Thesmar

Massachusetts Institute of Technology (MIT) - Sloan School of Management

100 Main Street

Cambridge, MA 02142

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

  • Massachusetts Institute of Technology (MIT) - Sloan School of Management

  • National Bureau of Economic Research (NBER)

  • Centre for Economic Policy Research (CEPR)

SCHOLARLY PAPERS

61

DOWNLOADS
Rank 1,028

SSRN RANKINGS

Top 1,028

in Total Papers Downloads

46,302

SSRN CITATIONS
Rank 287

SSRN RANKINGS

Top 287

in Total Papers Citations

3,205

CROSSREF CITATIONS

812

Scholarly Papers (61)

Actions:
Email selected abstracts
1.

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: 27 Nov 2017
Jean-Philippe Bouchaud, Stefano Ciliberti, Augustin Landier, Guillaume Simon and David Thesmar
Capital Fund Management, Capital Fund Management, HEC, Capital Fund Management and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 3,250 (7,391)
Citation 4

Abstract:

Loading...

Quality anomaly, financial analysts misplaced focus, behavioral biases

2.

Sticky Expectations and the Profitability Anomaly

Downloads 3,112 ( 7,925)
Citation 113

Sticky Expectations and the Profitability Anomaly

Journal of Finance, Forthcoming, HEC Paris Research Paper No. FIN-2016-1136, Swiss Finance Institute Research Paper No. 16-60
Number of pages: 45 Posted: 07 Mar 2016 Last Revised: 03 May 2018
Jean-Philippe Bouchaud, Philipp Krueger, Augustin Landier and David Thesmar
Capital Fund Management, University of Geneva - Geneva Finance Research Institute (GFRI), HEC and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 3,111 (7,786)
Citation 11

Abstract:

Loading...

Stock market anomalies, Sticky expectations

Sticky Expectations and the Profitability Anomaly

CEPR Discussion Paper No. DP12528
Number of pages: 46 Posted: 02 Jan 2018
Jean-Philippe Bouchaud, Philipp Krueger, Augustin Landier and David Thesmar
Capital Fund Management, University of Geneva - Geneva Finance Research Institute (GFRI), HEC and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 1 (1,248,433)
Citation 90
  • Add to Cart

Abstract:

Loading...

profitability anomaly, Sticky expectations

3.

Stock Price Fragility

Downloads 2,917 ( 8,741)
Citation 99

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) - Sloan School of Management
Downloads 2,706 (9,698)
Citation 5

Abstract:

Loading...

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) - Sloan School of Management
Downloads 211 (276,849)
Citation 66

Abstract:

Loading...

non-fundamental risk, volatiltiy, comovement, destabilizing arbitrage

4.

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 - Geneva Finance Research Institute (GFRI), HEC and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 2,485 (11,290)
Citation 15

Abstract:

Loading...

capital budgeting, cost of capital, behavioral finance, investment

5.

How to Use Natural Experiments to Measure Misallocation

Downloads 1,954 (16,523)
Citation 13

How to Use Natural Experiments to Measure Misallocation

Number of pages: 56 Posted: 12 Jan 2018 Last Revised: 08 Feb 2021
David Alexandre Sraer and David Thesmar
University of California, Berkeley and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 1,850 (17,795)

Abstract:

Loading...

firm-level experriments; aggregation; misallocation; distorsions

A Sufficient Statistics Approach for Aggregating Firm-Level Experiments

NBER Working Paper No. w24208
Number of pages: 38 Posted: 17 Jan 2018 Last Revised: 23 Feb 2023
David Alexandre Sraer and David Thesmar
University of California, Berkeley and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 103 (503,002)
Citation 2

Abstract:

Loading...

A Sufficient Statistics Approach for Aggregating Firm-Level Experiments

CEPR Discussion Paper No. DP12592
Number of pages: 40 Posted: 16 Jan 2018
David Alexandre Sraer and David Thesmar
University of California, Berkeley and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 1 (1,248,433)
  • Add to Cart

Abstract:

Loading...

6.

Earnings Expectations in the COVID Crisis

Downloads 1,777 (19,256)
Citation 40

Earnings Expectations in the COVID Crisis

HEC Paris Research Paper No. FIN-2020-1377
Number of pages: 26 Posted: 09 Jun 2020 Last Revised: 30 Jul 2020
Augustin Landier and David Thesmar
HEC and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 1,650 (21,202)
Citation 4

Abstract:

Loading...

Analyst Forecasts, Valuation, Discount rate

Earnings Expectations in the Covid Crisis

NBER Working Paper No. w27160
Number of pages: 28 Posted: 18 May 2020 Last Revised: 19 Mar 2023
Augustin Landier and David Thesmar
HEC and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 127 (428,864)
Citation 40

Abstract:

Loading...

7.

The Moral Preferences of Investors: Experimental Evidence

Downloads 1,731 (20,043)
Citation 8

The Moral Preferences of Investors: Experimental Evidence

HEC Paris Research Paper No. FIN-2019-1350
Number of pages: 48 Posted: 02 Oct 2019 Last Revised: 05 Jan 2022
Jean-Francois Bonnefon, Augustin Landier, Parinitha Sastry and David Thesmar
University of Toulouse 1 - Toulouse School of Economics Institute for Advanced Studies/Harvard Law School LWP, HEC, Federal Reserve Banks - Federal Reserve Bank of New York and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 1,578 (22,690)
Citation 6

Abstract:

Loading...

Socially Responsible Investing, Social Impact, Value Alignment, Deontology, Consequentialism

The Moral Preferences of Investors: Experimental Evidence

NBER Working Paper No. w29647
Number of pages: 43 Posted: 18 Jan 2022 Last Revised: 05 Jul 2023
Jean-Francois Bonnefon, Augustin Landier, Parinitha Sastry and David Thesmar
University of Toulouse 1 - Toulouse School of Economics Institute for Advanced Studies/Harvard Law School LWP, HEC, Columbia Business School and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 153 (369,233)
Citation 3

Abstract:

Loading...

8.

The Capacity of Trading Strategies

HEC Paris Research Paper No. FIN-2015-1089
Number of pages: 50 Posted: 27 Mar 2015 Last Revised: 05 Feb 2019
Maxime Bonelli, Augustin Landier, Guillaume Simon and David Thesmar
London Business School - Department of Finance, HEC, Capital Fund Management and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 1,618 (22,188)
Citation 10

Abstract:

Loading...

trading costs, asset pricing anomalies, asset management, arbitrage

9.

Quantifying Reduced-Form Evidence on Collateral Constraints

Number of pages: 74 Posted: 05 Jun 2016 Last Revised: 15 Mar 2021
Sylvain Catherine, Thomas Chaney, Zongbo Huang, David Alexandre Sraer and David Thesmar
University of Pennsylvania - Finance Department, SciencesPo - Sciences Po - Department of Economics, The Chinese University of Hong Kong, Shenzhen, University of California, Berkeley and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 1,524 (24,352)
Citation 17

Abstract:

Loading...

Structural model, Financing Constraint, Aggregate Implications

10.

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) - Sloan School of Management and York University - Schulich School of Business
Downloads 1,501 (24,905)
Citation 55

Abstract:

Loading...

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

11.

CAPM-Based Company (Mis)valuations

Downloads 1,407 (27,407)
Citation 29

CAPM-Based Company (Mis)valuations

Rotman School of Management Working Paper No. 3050928, HEC Paris Research Paper No. FIN-2017-1235
Number of pages: 90 Posted: 11 Oct 2017 Last Revised: 31 Oct 2019
Olivier Dessaint, Jacques Olivier, Clemens A. Otto and David Thesmar
INSEAD, HEC Paris - Finance Department, Singapore Management University - Lee Kong Chian School of Business and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 1,406 (26,968)
Citation 2

Abstract:

Loading...

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

CAPM-Based Company (Mis)Valuations

CEPR Discussion Paper No. DP12526
Number of pages: 59 Posted: 02 Jan 2018
Olivier Dessaint, Jacques Olivier, Clemens A. Otto and David Thesmar
INSEAD, HEC Paris - Finance Department, Singapore Management University - Lee Kong Chian School of Business and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 1 (1,248,433)
Citation 29
  • Add to Cart

Abstract:

Loading...

12.

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

Number of pages: 72 Posted: 19 Feb 2013 Last Revised: 24 Mar 2020
Matthieu Gomez, Augustin Landier, David Alexandre Sraer and David Thesmar
Columbia University, Graduate School of Arts and Sciences, Department of Economics, HEC, University of California, Berkeley and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 1,352 (29,006)
Citation 4

Abstract:

Loading...

Interest rate risk, monetary policy, bank lending

13.

Growth LBOs

Journal of Financial Economics (JFE), Forthcoming
Number of pages: 42 Posted: 06 Mar 2009 Last Revised: 28 Sep 2012
Quentin Boucly, David Alexandre Sraer and David Thesmar
affiliation not provided to SSRN, University of California, Berkeley and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 1,062 (41,153)
Citation 48

Abstract:

Loading...

LBO, Employment, Financial Constraints

14.

Noise in Expectations: Evidence from Analyst Forecasts

Downloads 984 (45,920)
Citation 6

Noise in Expectations: Evidence from Analyst Forecasts

Number of pages: 66 Posted: 06 Mar 2021 Last Revised: 24 Jul 2023
Tim de Silva and David Thesmar
Massachusetts Institute of Technology (MIT), Economics, Finance, Accounting (EFA), Students and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 941 (48,141)
Citation 2

Abstract:

Loading...

subjective expectations, noise, term structure of expectations, forecast bias, forecast noise, bounded rationality, machine learning

Noise in Expectations: Evidence from Analyst Forecasts

NBER Working Paper No. w28963
Number of pages: 45 Posted: 28 Jun 2021 Last Revised: 20 Feb 2022
Tim de Silva and David Thesmar
Massachusetts Institute of Technology (MIT), Economics, Finance, Accounting (EFA), Students and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 43 (806,167)
Citation 2

Abstract:

Loading...

15.

Corporate Valuation: An Empirical Comparison of Discounting Methods

Number of pages: 65 Posted: 24 Apr 2021 Last Revised: 23 Jan 2023
Nicolas Hommel, Augustin Landier and David Thesmar
Princeton University, HEC and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 972 (46,737)

Abstract:

Loading...

Valuation, Present Value Formula, ICC

16.

The Real Effects of Bank Capital Requirements

Downloads 968 (46,929)
Citation 88

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, Banque de France and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 803 (59,734)
Citation 32

Abstract:

Loading...

Bank capital ratios, Bank regulation, Credit supply

The Real Effects of Bank Capital Requirements

ESRB: Working Paper Series No. 2017/47
Number of pages: 45 Posted: 05 Nov 2020
Henri Fraisse, Mathias LÉ and David Thesmar
Banque de France - Autorité de contrôle Prudentiel, Banque de France and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 165 (346,300)
Citation 7

Abstract:

Loading...

bank capital ratios, bank regulation, credit supply

17.

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
HEC and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 936 (49,169)
Citation 124

Abstract:

Loading...

18.

Wholesale Funding Dry-Ups

Downloads 934 (49,341)
Citation 59

Wholesale Funding Dry-Ups

HEC Paris Research Paper
Number of pages: 66 Posted: 23 Nov 2015 Last Revised: 01 Mar 2017
Christophe Pérignon, David Thesmar and Guillaume Vuillemey
HEC Paris - Finance Department, Massachusetts Institute of Technology (MIT) - Sloan School of Management and HEC Paris - Finance Department
Downloads 838 (56,405)
Citation 24

Abstract:

Loading...

wholesale funding, market freeze, certificates of deposits

Wholesale Funding Dry-Ups

ESRB: Working Paper Series No. 2017/49
Number of pages: 68 Posted: 05 Nov 2020
Christophe Pérignon, David Thesmar and Guillaume Vuillemey
HEC Paris - Finance Department, Massachusetts Institute of Technology (MIT) - Sloan School of Management and HEC Paris
Downloads 96 (528,086)
Citation 5

Abstract:

Loading...

asymmetric information, market freezes, wholesale bank funding

19.

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

Downloads 883 (53,258)
Citation 137

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) - Sloan School of Management
Downloads 837 (56,494)
Citation 291

Abstract:

Loading...

Family firms, management style, corporate performance

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

Number of pages: 41 Posted: 21 Sep 2004
David Alexandre Sraer and David Thesmar
University of California, Berkeley and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 46 (783,942)
  • Add to Cart

Abstract:

Loading...

Family firms, management style, corporate performance

20.

The Effects of Mandatory Profit-Sharing on Workers and Firms: Evidence from France

Chicago Booth Research Paper No. 24-19, Fama-Miller Working Paper
Number of pages: 88 Posted: 25 Jun 2023 Last Revised: 19 Jun 2024
Elio Nimier-David, David Alexandre Sraer and David Thesmar
University of Chicago - Booth School of Business, University of California, Berkeley and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 843 (56,890)

Abstract:

Loading...

profit-sharing; productivity; wage-setting; investment

21.

A Quantitative Analysis of Distortions in Managerial Forecasts

Downloads 821 (59,178)
Citation 1

A Quantitative Analysis of Distortions in Managerial Forecasts

Number of pages: 65 Posted: 14 Jun 2018 Last Revised: 20 Feb 2024
Yueran Ma, Tiziano Ropele, David Alexandre Sraer and David Thesmar
University of Chicago - Booth School of Business, Bank of Italy, University of California, Berkeley and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 623 (83,460)

Abstract:

Loading...

Expectation Formation; Misallocation; Corporate Investment

A Quantitative Analysis of Distortions in Managerial Forecasts

Bank of Italy Temi di Discussione (Working Paper) No. 1305
Number of pages: 68 Posted: 10 Dec 2020
Tiziano Ropele, Yueran Ma, David Alexandre Sraer and David Thesmar
Bank of Italy, University of Chicago - Booth School of Business, University of California, Berkeley and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 131 (418,674)

Abstract:

Loading...

expectation formation, misallocation, corporate investment

A Quantitative Analysis of Distortions in Managerial Forecasts

NBER Working Paper No. w26830
Number of pages: 54 Posted: 09 Mar 2020 Last Revised: 24 Apr 2022
Yueran Ma, Tiziano Ropele, David Alexandre Sraer and David Thesmar
University of Chicago - Booth School of Business, Bank of Italy, University of California, Berkeley and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 67 (656,130)

Abstract:

Loading...

22.

Biases in Expectations: Experimental Evidence

Downloads 820 (58,982)
Citation 10

Biases in Expectations: Experimental Evidence

Number of pages: 41 Posted: 03 Oct 2017 Last Revised: 16 Feb 2020
Augustin Landier, Yueran Ma and David Thesmar
HEC, University of Chicago - Booth School of Business and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 819 (58,208)
Citation 12

Abstract:

Loading...

Expectation formation

New Experimental Evidence on Expectations Formation

CEPR Discussion Paper No. DP12527
Number of pages: 62 Posted: 02 Jan 2018
Augustin Landier, Yueran Ma and David Thesmar
HEC, University of Chicago - Booth School of Business and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 1 (1,248,433)
Citation 1
  • Add to Cart

Abstract:

Loading...

23.

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
HEC, University of California, Berkeley and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 802 (60,731)
Citation 4

Abstract:

Loading...

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

24.

Social Networks in the Boardroom

Downloads 801 (60,845)
Citation 46

Social Networks in the Boardroom

IZA Discussion Paper No. 1940
Number of pages: 53 Posted: 30 Jan 2006
Francis Kramarz and David Thesmar
National Institute of Statistics and Economic Studies (INSEE) - National School for Statistical and Economic Administration (ENSAE) and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 744 (66,089)

Abstract:

Loading...

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
National Institute of Statistics and Economic Studies (INSEE) - National School for Statistical and Economic Administration (ENSAE) and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 57 (711,920)
Citation 13
  • Add to Cart

Abstract:

Loading...

Social networks, corporate governance, board of directors

25.

Overreaction in Expectations: Evidence and Theory

HEC Paris Research Paper No FIN-2021-1444
Number of pages: 76 Posted: 18 Nov 2021 Last Revised: 06 Dec 2022
Hassan Afrouzi, Spencer Yongwook Kwon, Augustin Landier, Yueran Ma and David Thesmar
Columbia University, Harvard University, HEC, University of Chicago - Booth School of Business and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 774 (63,683)
Citation 38

Abstract:

Loading...

expectations, experiment, overreaction

26.

When Systematic Strategies Decay

Number of pages: 47 Posted: 18 May 2021 Last Revised: 01 Jul 2021
Antoine Falck, Adam Rej and David Thesmar
Capital Fund Management International Inc., Capital Fund Management International Inc. and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 766 (64,567)
Citation 8

Abstract:

Loading...

factor returns, arbitrage, overfitting

27.

Can Unemployment Insurance Spur Entrepreneurial Activity? Evidence from France

HEC Paris Research Paper No. FIN-2013-1020
Number of pages: 81 Posted: 23 Sep 2013 Last Revised: 21 Jul 2019
Johan Hombert, Antoinette Schoar, David Alexandre Sraer and David Thesmar
HEC Paris - Finance Department, Massachusetts Institute of Technology (MIT) - Sloan School of Management, University of California, Berkeley and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 761 (65,143)
Citation 17

Abstract:

Loading...

Entrepreneurship; Unemployment Insurance; Crowding Out

28.

Housing Collateral and Entrepreneurship

Downloads 741 (67,431)
Citation 137

Housing Collateral and Entrepreneurship

Journal of Finance, Forthcoming
Number of pages: 36 Posted: 22 Dec 2014 Last Revised: 20 Nov 2015
Martin C. Schmalz, Martin C. Schmalz, David Alexandre Sraer and David Thesmar
CEPRUniversity of Oxford - Finance, University of California, Berkeley and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 650 (78,683)
Citation 1

Abstract:

Loading...

Collateral; Entrepreneurship; Real estate

Housing Collateral and Entrepreneurship

NBER Working Paper No. w19680
Number of pages: 44 Posted: 28 Nov 2013 Last Revised: 10 Apr 2023
Martin C. Schmalz, Martin C. Schmalz, David Alexandre Sraer and David Thesmar
CEPRUniversity of Oxford - Finance, University of California, Berkeley and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 91 (547,203)
Citation 112

Abstract:

Loading...

29.

The Sovereign-Bank Diabolic Loop and Esbies

Downloads 729 (68,867)
Citation 108

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
Markus K. Brunnermeier, Luis Garicano, Luis Garicano, Philip R. Lane, Marco Pagano, Ricardo Reis, Tano Santos, David Thesmar, Stijn Van Nieuwerburgh and Dimitri Vayanos
Princeton University - Department of Economics, Centre for Economic Policy Research (CEPR)IE Business School, Trinity College (Dublin) - Department of Economics, CSEF - University of Naples Federico II - Centre for Studies in Economics and Finance (CSEF), London School of Economics & Political Science (LSE), Columbia Business School, Massachusetts Institute of Technology (MIT) - Sloan School of Management, Columbia University Graduate School of Business and London School of Economics
Downloads 659 (77,292)
Citation 9

Abstract:

Loading...

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: 04 Feb 2023
Markus K. Brunnermeier, Luis Garicano, Luis Garicano, Philip R. Lane, Marco Pagano, Ricardo Reis, Tano Santos, David Thesmar, Stijn Van Nieuwerburgh and Dimitri Vayanos
Princeton University - Department of Economics, Centre for Economic Policy Research (CEPR)IE Business School, Trinity College (Dublin) - Department of Economics, CSEF - University of Naples Federico II - Centre for Studies in Economics and Finance (CSEF), London School of Economics & Political Science (LSE), Columbia Business School, Massachusetts Institute of Technology (MIT) - Sloan School of Management, Columbia University Graduate School of Business and London School of Economics
Downloads 69 (645,730)
Citation 45

Abstract:

Loading...

The Sovereign-Bank Diabolic Loop and ESBies

CEPR Discussion Paper No. DP11317
Number of pages: 17 Posted: 13 Jun 2016
Markus K. Brunnermeier, Luis Garicano, Luis Garicano, Philip R. Lane, Marco Pagano, Ricardo Reis, Tano Santos, David Thesmar, Stijn Van Nieuwerburgh and Dimitri Vayanos
Princeton University - Department of Economics, Centre for Economic Policy Research (CEPR)IE Business School, Trinity College (Dublin) - Department of Economics, CSEF - University of Naples Federico II - Centre for Studies in Economics and Finance (CSEF), London School of Economics & Political Science (LSE), Columbia University, Massachusetts Institute of Technology (MIT) - Sloan School of Management, Columbia University Graduate School of Business and London School of Economics
Downloads 1 (1,248,433)
Citation 31
  • Add to Cart

Abstract:

Loading...

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

30.

Vulnerable Banks

Downloads 710 (71,269)
Citation 201

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, HEC and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 620 (83,460)
Citation 7

Abstract:

Loading...

systemic risk, deleveraging, liquidity

Vulnerable Banks

NBER Working Paper No. w18537
Number of pages: 46 Posted: 20 Nov 2012 Last Revised: 25 Feb 2023
Robin M. Greenwood, Augustin Landier and David Thesmar
Harvard Business School - Finance Unit, HEC and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 90 (551,151)
Citation 56

Abstract:

Loading...

31.

Private Sanctions

Downloads 685 (74,639)
Citation 2

Private Sanctions

George J. Stigler Center for the Study of the Economy & the State Working Paper No. 323, European Corporate Governance Institute – Finance Working Paper No. 866/2023, MIT Sloan Research Paper No. 6880-22
Number of pages: 87 Posted: 20 Oct 2022 Last Revised: 30 Sep 2023
Oliver Hart, David Thesmar and Luigi Zingales
Harvard University - Department of Economics, Massachusetts Institute of Technology (MIT) - Sloan School of Management and University of Chicago - Booth School of Business
Downloads 500 (109,411)
Citation 1

Abstract:

Loading...

economic sanctions, business objectives of the firm, Ukranian invasion

Private Sanctions

University of Chicago, Becker Friedman Institute for Economics Working Paper No. 2022-164, MIT Sloan Research Paper No. 6880-22
Number of pages: 63 Posted: 03 Jan 2023 Last Revised: 17 May 2023
Oliver Hart, David Thesmar and Luigi Zingales
Harvard University - Department of Economics, Massachusetts Institute of Technology (MIT) - Sloan School of Management and University of Chicago - Booth School of Business
Downloads 115 (463,191)

Abstract:

Loading...

Private Sanctions

The Harvard John M. Olin Discussion Paper No. 1095, Harvard Law School Program on Corporate Governance Discussion Paper No. 2023-4
Number of pages: 82 Posted: 23 Aug 2023
Oliver Hart, David Thesmar and Luigi Zingales
Harvard University - Department of Economics, Massachusetts Institute of Technology (MIT) - Sloan School of Management and University of Chicago - Booth School of Business
Downloads 58 (706,161)
Citation 1

Abstract:

Loading...

Private Sanctions

NBER Working Paper No. w30728
Number of pages: 82 Posted: 12 Dec 2022 Last Revised: 18 Jun 2023
Oliver Hart, David Thesmar and Luigi Zingales
Harvard University - Department of Economics, Massachusetts Institute of Technology (MIT) - Sloan School of Management and University of Chicago - Booth School of Business
Downloads 12 (1,112,344)
  • Add to Cart

Abstract:

Loading...

32.

Individual Investors and Volatility

Downloads 679 (75,433)
Citation 102

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
Thierry Foucault, David Alexandre Sraer and David Thesmar
HEC Paris - Finance Department, University of California, Berkeley and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 675 (74,914)
Citation 9

Abstract:

Loading...

Idiosyncratic Volatility, Retail Trading, Noise Trading

Individual Investors and Volatility

CEPR Discussion Paper No. DP6915
Number of pages: 47 Posted: 20 Aug 2008
Thierry Foucault, David Alexandre Sraer and David Thesmar
HEC Paris - Finance Department, University of California, Berkeley and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 4 (1,207,582)
Citation 41
  • Add to Cart

Abstract:

Loading...

Idiosyncratic volatility, Noise trading, Retail investors

33.

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

Downloads 587 (90,678)
Citation 30

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
Charles Boissel, François Derrien, Evren Ors and David Thesmar
HEC Paris - Finance Department, HEC Paris - Finance Department, HEC Paris - Finance Department and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 511 (106,508)
Citation 12

Abstract:

Loading...

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

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

ESRB: Working Paper Series No. 2016/10
Number of pages: 67 Posted: 05 Nov 2020
Charles Boissel, François Derrien, Evren Örs and David Thesmar
HEC Paris - Finance Department, HEC Paris - Finance Department, HEC Paris - Finance Department and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 76 (611,340)
Citation 22

Abstract:

Loading...

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

34.

Banking Integration and House Price Comovement

Downloads 553 (97,715)
Citation 12

Banking Integration and House Price Comovement

HEC Paris Research Paper No. FIN-2013-1023
Number of pages: 57 Posted: 30 Oct 2013 Last Revised: 24 Nov 2017
Augustin Landier, David Alexandre Sraer and David Thesmar
HEC, University of California, Berkeley and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 504 (108,327)
Citation 10

Abstract:

Loading...

Banks; House price comovement; Financial Integration

Banking Integration and House Price Comovement

ESRB: Working Paper Series No. 2017/48
Number of pages: 59 Posted: 05 Nov 2020
Augustin Landier, David Alexandre Sraer and David Thesmar
HEC, University of California, Berkeley and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 49 (763,042)
Citation 1

Abstract:

Loading...

comovement, financial integration, house prices

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
HEC, University of California, Berkeley and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 0
  • Add to Cart

Abstract:

Loading...

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
HEC, University of California, Berkeley and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 0
Citation 1
  • Add to Cart

Abstract:

Loading...

banking deregulation, comovement, real estate

35.

Bottom-Up Corporate Governance

Downloads 481 (115,819)
Citation 28

Bottom-Up Corporate Governance

NYU Working Paper No. FIN-05-011
Number of pages: 37 Posted: 03 Nov 2008
Augustin Landier and David Thesmar
HEC and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 327 (177,992)
Citation 1

Abstract:

Loading...

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
HEC, University of California, Berkeley and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 127 (428,864)

Abstract:

Loading...

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
HEC, University of California, Berkeley and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 27 (944,767)
Citation 6
  • Add to Cart

Abstract:

Loading...

Corporate governance, corporate performance, acquisition, executives

36.

The Collateral Channel: How Real Estate Shocks Affect Corporate Investment

Downloads 460 (122,160)
Citation 254

The Collateral Channel: How Real Estate Shocks Affect Corporate Investment

Number of pages: 34 Posted: 24 Jan 2011 Last Revised: 13 Mar 2013
Thomas Chaney, David Alexandre Sraer and David Thesmar
SciencesPo - Sciences Po - Department of Economics, University of California, Berkeley and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 316 (184,499)
Citation 265

Abstract:

Loading...

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 Last Revised: 21 May 2023
Thomas Chaney, David Alexandre Sraer and David Thesmar
SciencesPo - Sciences Po - Department of Economics, University of California, Berkeley and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 144 (388,080)

Abstract:

Loading...

37.

Response to Welch (2020): Real Estate Collateral Does Affect Corporate Investment

Number of pages: 21 Posted: 08 Jun 2020
Thomas Chaney, David Alexandre Sraer and David Thesmar
SciencesPo - Sciences Po - Department of Economics, University of California, Berkeley and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 428 (133,249)

Abstract:

Loading...

Corporate Investment, Collateral Channel

38.

Robustness Checks in Structural Analysis

Downloads 410 (139,768)

Robustness Checks in Structural Analysis

MIT Sloan Research Paper No. 6799-22, Jacobs Levy Equity Management Center for Quantitative Financial Research Paper
Number of pages: 55 Posted: 22 Sep 2022 Last Revised: 14 Feb 2023
Sylvain Catherine, Mehran Ebrahimian, David Alexandre Sraer and David Thesmar
University of Pennsylvania - Finance Department, Stockholm School of Economics - Finance Department, University of California, Berkeley and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 387 (147,874)

Abstract:

Loading...

structural estimation; robustness; computational methods

Robustness Checks in Structural Analysis

NBER Working Paper No. w30443
Number of pages: 59 Posted: 12 Sep 2022 Last Revised: 14 Apr 2023
Sylvain Catherine, Mehran Ebrahimian, David Alexandre Sraer and David Thesmar
University of Pennsylvania - Finance Department, Stockholm School of Economics - Finance Department, University of California, Berkeley and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 23 (985,970)

Abstract:

Loading...

39.

Is Factor Momentum More than Stock Momentum?

Number of pages: 33 Posted: 27 Oct 2020
Antoine Falck, Adam Rej and David Thesmar
Capital Fund Management International Inc., Capital Fund Management International Inc. and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 359 (163,640)

Abstract:

Loading...

factor returns, factor momentum, stock momentum

40.

Overcoming Limits of Arbitrage: Theory and Evidence

Downloads 345 (169,262)
Citation 16

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) - Sloan School of Management
Downloads 342 (169,550)
Citation 13

Abstract:

Loading...

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) - Sloan School of Management
Downloads 3 (1,220,230)
  • Add to Cart

Abstract:

Loading...

arbitrageur, capital structure

41.

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
Julius Bonart, Jean-Philippe Bouchaud, Augustin Landier and David Thesmar
Capital Fund Management, Capital Fund Management, HEC and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 238 (247,990)
Citation 5

Abstract:

Loading...

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

42.

Optimal Dissent in Organizations

Number of pages: 34 Posted: 18 Nov 2005
Augustin Landier, David Alexandre Sraer and David Thesmar
HEC, University of California, Berkeley and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 215 (273,036)
Citation 35

Abstract:

Loading...

Organization Design, Corporate Governance, Authority

43.

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

Downloads 146 (383,362)
Citation 50

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 Last Revised: 12 Jul 2023
Augustin Landier, David Alexandre Sraer and David Thesmar
HEC, University of California, Berkeley and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 73 (625,728)
Citation 2

Abstract:

Loading...

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

ESRB: Working Paper Series No. 2016/13
Number of pages: 62 Posted: 05 Nov 2020
Matthieu Gomez, Augustin Landier, David Alexandre Sraer and David Thesmar
Columbia University, Graduate School of Arts and Sciences, Department of Economics, HEC, University of California, Berkeley and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 72 (630,730)
Citation 51

Abstract:

Loading...

interest rate risk, monetary policy, bank lending

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
HEC, University of California, Berkeley and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 1 (1,248,433)
  • Add to Cart

Abstract:

Loading...

bank lending, interest rate risk, monetary policy

44.

Who is Neoliberal? Durkheimian Individualism and Support for Market Mechanisms

Downloads 131 (417,473)
Citation 1

Who is Neoliberal? Durkheimian Individualism and Support for Market Mechanisms

Number of pages: 43 Posted: 20 Apr 2022
Augustin Landier and David Thesmar
HEC and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 99 (517,189)

Abstract:

Loading...

Individualism, Competition, Corporate Social Responsibility

Who is Neoliberal? Durkheimian Individualism and Support for Market Mechanisms

NBER Working Paper No. w29942
Number of pages: 34 Posted: 18 Apr 2022 Last Revised: 24 Apr 2023
Augustin Landier and David Thesmar
HEC and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 32 (897,252)

Abstract:

Loading...

45.

Expectations Formation with Fat-Tailed Processes: Evidence from Sales Forecasts

MIT Sloan Research Paper No. 6883-22
Number of pages: 34 Posted: 20 Oct 2022 Last Revised: 16 May 2023
Eugene Larsen-Hallock, Adam Rej and David Thesmar
Capital Fund Management, Capital Fund Management International Inc. and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 121 (443,556)

Abstract:

Loading...

behavioral finance, analyst forecasts, behavioral biases, fat-tailed processes

46.

Sizing Up Corporate Restructuring in the Covid Crisis

NBER Working Paper No. w28104
Number of pages: 41 Posted: 16 Nov 2020 Last Revised: 17 Apr 2022
Robin M. Greenwood, Benjamin Charles Iverson and David Thesmar
Harvard Business School - Finance Unit, Brigham Young University and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 113 (466,910)
Citation 3

Abstract:

Loading...

47.

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: 08 Apr 2023
Augustin Landier and David Thesmar
HEC and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 93 (534,335)
Citation 3

Abstract:

Loading...

48.

Overreaction and Working Memory

NBER Working Paper No. w27947
Number of pages: 46 Posted: 19 Oct 2020 Last Revised: 13 May 2023
Hassan Afrouzi, Spencer Yongwook Kwon, Augustin Landier, Yueran Ma and David Thesmar
Columbia University, Harvard University, HEC, University of Chicago - Booth School of Business and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 63 (665,497)
Citation 4

Abstract:

Loading...

49.

Can Unemployment Insurance Spur Entrepreneurial Activity?

Downloads 50 (739,555)
Citation 5

Can Unemployment Insurance Spur Entrepreneurial Activity?

NBER Working Paper No. w20717
Number of pages: 70 Posted: 01 Dec 2014 Last Revised: 09 Feb 2023
Johan Hombert, Antoinette Schoar, David Alexandre Sraer and David Thesmar
HEC Paris - Finance Department, Massachusetts Institute of Technology (MIT) - Sloan School of Management, University of California, Berkeley and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 49 (763,042)
Citation 1

Abstract:

Loading...

Can Unemployment Insurance Spur Entrepreneurial Activity?

CEPR Discussion Paper No. DP10294
Number of pages: 71 Posted: 23 Jan 2015
Johan Hombert, Antoinette Schoar, David Alexandre Sraer and David Thesmar
HEC Paris - Finance Department, Massachusetts Institute of Technology (MIT) - Sloan School of Management, University of California, Berkeley and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 1 (1,248,433)
Citation 5
  • Add to Cart

Abstract:

Loading...

Crowding out, Entrepreneurship, Unemployment

50.

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
Marianne Bertrand, Antoinette Schoar and David Thesmar
University of Chicago - Booth School of Business, Massachusetts Institute of Technology (MIT) - Sloan School of Management and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 44 (779,151)
Citation 68
  • Add to Cart

Abstract:

Loading...

Banking deregulation, industry structure, economic development

51.

Corporate Valuation: An Empirical Comparison of Discounting Methods

NBER Working Paper No. w30898
Number of pages: 66 Posted: 30 Jan 2023 Last Revised: 13 Apr 2023
Nicolas Hommel, Augustin Landier and David Thesmar
Princeton University, HEC and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 30 (889,668)
Citation 2
  • Add to Cart

Abstract:

Loading...

52.

The Macroeconomics of Shareholder Pressure

Number of pages: 40 Posted: 22 Aug 2003
David Thesmar
Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 27 (917,207)
  • Add to Cart

Abstract:

Loading...

Corporate governance, capital assumption, demography, inequality

53.

Globalization and the Demand for Skill: An Export Based Channel

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) - Sloan School of Management
Downloads 27 (917,207)
  • Add to Cart

Abstract:

Loading...

Trade, exportations, labour demand, organization of production

54.

Financial Market Development and the Rise in Firm Level Uncertainty

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) - Sloan School of Management
Downloads 25 (936,178)
  • Add to Cart

Abstract:

Loading...

Financial development, firm-level uncertainty, risk sharing

55.

Time Based Competition and Innovation

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) - Sloan School of Management
Downloads 23 (956,060)
  • Add to Cart

Abstract:

Loading...

Firm organisation, reactivity, innovation, competition

56.

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

Number of pages: 51 Posted: 16 May 2003
Eric Maurin and David Thesmar
Paris School of Economics (PSE) and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 19 (997,997)
Citation 1
  • Add to Cart

Abstract:

Loading...

Skill, tasks, technological change

57.

The Effects of Mandatory Profit-Sharing on Workers and Firms: Evidence from France

NBER Working Paper No. w31804
Number of pages: 79 Posted: 23 Oct 2023 Last Revised: 04 Nov 2023
Elio Nimier-David, David Alexandre Sraer and David Thesmar
University of Chicago, University of California, Berkeley and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 9 (1,107,306)
Citation 1
  • Add to Cart

Abstract:

Loading...

58.

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) - Sloan School of Management and Ecole Nationale des Ponts et Chaussées (ENPC) - Centre d'Enseignement et de Recherche en Analyse Socio-Economique (CERAS)
Downloads 6 (1,139,988)
Citation 1
  • Add to Cart

Abstract:

Loading...

Financial Integration, Firm-level Volatility, Listed vs non-listed Firms, Stockmarket Participation

59.

How to Use Microdata for Macro-Finance

Annual Review of Financial Economics, Vol. 15, pp. 387-406, 2023
Posted: 07 Nov 2023
David Alexandre Sraer and David Thesmar
University of California, Berkeley and Massachusetts Institute of Technology (MIT) - Sloan School of Management

Abstract:

Loading...

60.

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
HEC and Massachusetts Institute of Technology (MIT) - Sloan School of Management

Abstract:

Loading...

G32, D86

61.

Identifying Dynamic Discrete Decision Processes

Posted: 04 Oct 2002
Thierry Magnac and David Thesmar
Toulouse School of Economics and Massachusetts Institute of Technology (MIT) - Sloan School of Management

Abstract:

Loading...

Dynamic discrete choice processes, identification