Dmitry Livdan

University of California, Berkeley

Assistant Professor

545 Student Services Building, #1900

2220 Piedmont Avenue

Berkeley, CA 94720

United States

  • University of California, Berkeley

    • Email
    • Tel: (510) 642-4733
SCHOLARLY PAPERS

19

DOWNLOADS
Rank 6,177

SSRN RANKINGS

Top 6,177

in Total Papers Downloads

7,720

SSRN CITATIONS
Rank 3,377

SSRN RANKINGS

Top 3,377

in Total Papers Citations

168

CROSSREF CITATIONS

202

Scholarly Papers (19)

Actions:
Email selected abstracts
1.

Anomalies

Downloads 1,590 ( 11,340)
Citation 11

Anomalies

Simon School Working Paper No. 04-16, Fifteenth Annual Utah Winter Finance Conference
Number of pages: 44 Posted: 01 Nov 2006
Erica X. N. Li, Dmitry Livdan and Lu Zhang
Cheung Kong Graduate School of Business, University of California, Berkeley and Ohio State University - Fisher College of Business
Downloads 1,297 (16,401)
Citation 2

Abstract:

Loading...

Anomalies, Tobin's Q, time-varying expected return, rational expectations, behavioral finance

Anomalies

Review of Financial Studies, Forthcoming
Number of pages: 60 Posted: 10 Jul 2008
Erica X. N. Li, Dmitry Livdan and Lu Zhang
University of Michigan, Stephen M. Ross School of Business, University of California, Berkeley and Ohio State University - Fisher College of Business
Downloads 293 (115,549)
Citation 3

Abstract:

Loading...

Anomalies, the q-theory, optimal investment, time-varying expected return, rational expectations economics

Anomalies

The Review of Financial Studies, Vol. 22, Issue 11, pp. 4301-4334, 2009
Posted: 08 Dec 2009
Erica X. N. Li, Dmitry Livdan and Lu Zhang
University of Michigan, Stephen M. Ross School of Business, University of California, Berkeley and Ohio State University - Fisher College of Business

Abstract:

Loading...

2.

Do Shareholder Rights Affect the Cost of Bank Loans?

Downloads 1,083 ( 21,921)
Citation 60

Do Shareholder Rights Affect the Cost of Bank Loans?

EFA 2004 Maastricht Meetings Paper No. 5061
Number of pages: 51 Posted: 03 Aug 2004 Last Revised: 26 Oct 2015
Sudheer Chava, Dmitry Livdan and Amiyatosh Purnanandam
Georgia Institute of Technology - Scheller College of Business, University of California, Berkeley and University of Michigan, Stephen M. Ross School of Business
Downloads 1,083 (21,532)
Citation 60

Abstract:

Loading...

Corporate governance, shareholder rights, investor protection, hostile takeovers, bank loans, loan spreads

Do Shareholder Rights Affect the Cost of Bank Loans?

The Review of Financial Studies, Vol. 22, Issue 8, pp. 2973-3004, 2009
Posted: 05 Aug 2009
Sudheer Chava, Dmitry Livdan and Amiyatosh Purnanandam
Georgia Institute of Technology - Scheller College of Business, University of California, Berkeley and University of Michigan, Stephen M. Ross School of Business

Abstract:

Loading...

G21, G32, G34

3.

Asset Pricing: A Tale of Night and Day

Journal of Financial Economics (JFE), Forthcoming
Number of pages: 65 Posted: 15 Feb 2018 Last Revised: 03 Dec 2019
Terrence Hendershott, Dmitry Livdan and Dominik Rösch
University of California, Berkeley - Haas School of Business, University of California, Berkeley and State University of New York at Buffalo - School of Management
Downloads 683 (41,856)
Citation 13

Abstract:

Loading...

4.

Optimal Diversification

Downloads 655 ( 44,267)
Citation 1

Optimal Diversification

Number of pages: 31 Posted: 30 Nov 2002
Joao F. Gomes and Dmitry Livdan
The Wharton School and University of California, Berkeley
Downloads 629 (46,120)
Citation 2

Abstract:

Loading...

Optimal Diversification

Number of pages: 33 Posted: 04 Sep 2002
Joao F. Gomes and Dmitry Livdan
The Wharton School and University of California, Berkeley
Downloads 26 (555,818)
  • Add to Cart

Abstract:

Loading...

Diversification discount, size, corporate strategy, total factor productivity, diversification

5.

Financially Constrained Stock Returns

Downloads 650 ( 44,707)
Citation 16

Financially Constrained Stock Returns

Simon Business School Working Paper No. FR 04-07, Ross School of Business Paper No. 1048, AFA 2005 Philadelphia Meetings
Number of pages: 48 Posted: 27 Apr 2004
Dmitry Livdan, Horacio Sapriza and Lu Zhang
University of California, Berkeley, Board of Governors of the Federal Reserve System and Ohio State University - Fisher College of Business
Downloads 318 (105,742)

Abstract:

Loading...

Financial constraints, debt capacity, stochastic discount factor, expected returns

Financially Constrained Stock Returns

Journal of Finance, Forthcoming
Number of pages: 56 Posted: 10 Jul 2008
Dmitry Livdan, Horacio Sapriza and Lu Zhang
University of California, Berkeley, Board of Governors of the Federal Reserve System and Ohio State University - Fisher College of Business
Downloads 305 (110,617)
Citation 2

Abstract:

Loading...

debt capacity, investment-based asset pricing, collateral constraints, the cross-section of expected stock returns

Financially Constrained Stock Returns

NBER Working Paper No. w12555
Number of pages: 49 Posted: 08 Oct 2006 Last Revised: 02 Feb 2010
Dmitry Livdan, Horacio Sapriza and Lu Zhang
University of California, Berkeley, Board of Governors of the Federal Reserve System and Ohio State University - Fisher College of Business
Downloads 27 (549,446)
Citation 3

Abstract:

Loading...

6.

Optimal Market Timing

Downloads 549 ( 55,613)

Optimal Market Timing

Simon School Working Paper
Number of pages: 42 Posted: 26 Jan 2006
Dmitry Livdan, Erica X. N. Li and Lu Zhang
University of California, Berkeley, Cheung Kong Graduate School of Business and Ohio State University - Fisher College of Business
Downloads 390 (83,538)

Abstract:

Loading...

External Finance, Market Timing, Stock Returns, Quantitative Theory, Neoclassical Economics

Optimal Market Timing

Sixteenth Annual Utah Winter Finance Conference
Number of pages: 42 Posted: 08 Nov 2006
Dmitry Livdan, Erica X. N. Li and Lu Zhang
University of California, Berkeley, Cheung Kong Graduate School of Business and University of Rochester
Downloads 130 (244,904)

Abstract:

Loading...

Optimal Market Timing

NBER Working Paper No. w12014
Number of pages: 43 Posted: 27 Apr 2006
Erica X. N. Li, Dmitry Livdan and Lu Zhang
Cheung Kong Graduate School of Business, University of California, Berkeley and Ohio State University - Fisher College of Business
Downloads 29 (537,100)

Abstract:

Loading...

7.

Informed Trading and Portfolio Returns

Number of pages: 42 Posted: 11 Sep 2009 Last Revised: 14 Jan 2010
Alex Boulatov, Terrence Hendershott and Dmitry Livdan
HSE Moscow, University of California, Berkeley - Haas School of Business and University of California, Berkeley
Downloads 525 (58,875)
Citation 12

Abstract:

Loading...

informed trading, portfolio autocorrelations, adverse selection

8.

Risking Other People's Money: Gambling, Limited Liability, and Optimal Incentives

Number of pages: 38 Posted: 12 Sep 2013
Peter M. DeMarzo, Dmitry Livdan and Alexei Tchistyi
Stanford Graduate School of Business, University of California, Berkeley and University of Illinois at Urbana-Champaign - Department of Finance
Downloads 354 (94,316)
Citation 27

Abstract:

Loading...

9.

Are Institutions Informed About News?

Swiss Finance Institute Research Paper No. 14-49
Number of pages: 62 Posted: 27 Jul 2014
Terrence Hendershott, Dmitry Livdan and Norman Schürhoff
University of California, Berkeley - Haas School of Business, University of California, Berkeley and University of Lausanne
Downloads 329 (102,392)
Citation 42

Abstract:

Loading...

10.

Futures Prices in a Production Economy with Investment Constraints

Downloads 314 (107,833)
Citation 31

Futures Prices in a Production Economy with Investment Constraints

Number of pages: 37 Posted: 17 Feb 2004
Leonid Kogan, Dmitry Livdan and Amir Yaron
Massachusetts Institute of Technology (MIT) - Sloan School of Management, University of California, Berkeley and University of Pennsylvania -- Wharton School of Business
Downloads 247 (138,155)
Citation 1

Abstract:

Loading...

Futures, investment contraints, production economy, SMM

Futures Prices in a Production Economy with Investment Constraints

NBER Working Paper No. w11509
Number of pages: 48 Posted: 13 Sep 2005 Last Revised: 20 Aug 2009
Leonid Kogan, Dmitry Livdan and Amir Yaron
Massachusetts Institute of Technology (MIT) - Sloan School of Management, University of California, Berkeley and University of Pennsylvania -- Wharton School of Business
Downloads 67 (378,455)
Citation 5

Abstract:

Loading...

11.

Strategic Trading with Market Closures

Number of pages: 52 Posted: 23 Dec 2005
Alex Boulatov and Dmitry Livdan
HSE Moscow and University of California, Berkeley
Downloads 202 (167,937)

Abstract:

Loading...

strategic informed trading, market closures, imperfect competition

12.

Relationship Trading in OTC Markets

Downloads 165 (201,019)
Citation 38

Relationship Trading in OTC Markets

Swiss Finance Institute Research Paper No. 17-30
Number of pages: 46 Posted: 04 Dec 2017
Terrence Hendershott, Dan Li, Dmitry Livdan and Norman Schürhoff
University of California, Berkeley - Haas School of Business, Federal Reserve Board, University of California, Berkeley and University of Lausanne
Downloads 163 (203,309)
Citation 43

Abstract:

Loading...

Over-the-counter market, corporate bond, trading cost, liquidity, decentralization, financial network

Relationship Trading in OTC Markets

CEPR Discussion Paper No. DP12472
Number of pages: 49 Posted: 12 Dec 2017
Terrence Hendershott, Dan Li, Dmitry Livdan and Norman Schürhoff
University of California, Berkeley - Haas School of Business, Federal Reserve Board, University of California, Berkeley and University of Lausanne
Downloads 2 (741,372)
Citation 8
  • Add to Cart

Abstract:

Loading...

corporate bond, Decentralization, Financial Networks, liquidity, Over-the-counter market, trading cost

13.

Accounting Rules, Equity Valuation, and Growth Options

Number of pages: 46 Posted: 08 Dec 2015
Dmitry Livdan and Alexander Nezlobin
University of California, Berkeley and University of California, Berkeley - Haas School of Business
Downloads 158 (208,566)
Citation 1

Abstract:

Loading...

14.

True Cost of Immediacy

Downloads 106 (283,120)

True Cost of Immediacy

Swiss Finance Institute Research Paper No. 20-71
Number of pages: 63 Posted: 25 Aug 2020 Last Revised: 18 Sep 2020
Terrence Hendershott, Dan Li, Dmitry Livdan and Norman Schürhoff
University of California, Berkeley - Haas School of Business, Federal Reserve Board, University of California, Berkeley and University of Lausanne
Downloads 106 (284,829)

Abstract:

Loading...

Collateralized loan obligations, bids-wanted-in-competition, over-the-counter markets, liquidity, fragility

True Cost of Immediacy

CEPR Discussion Paper No. DP15205
Number of pages: 65 Posted: 12 Sep 2020
Terrence Hendershott, Dan Li, Dmitry Livdan and Norman Schürhoff
University of California, Berkeley - Haas School of Business, Federal Reserve Board, University of California, Berkeley and University of Lausanne
Downloads 0
  • Add to Cart

Abstract:

Loading...

bids-wanted-in-competition, Collateralized loan obligations, financial fragility, liquidity, Over-the-counter markets

15.

Explaining the Pattern in Returns for Diversified Firms

Number of pages: 47 Posted: 27 Feb 2005
Dmitry Livdan
University of California, Berkeley
Downloads 100 (294,628)
Citation 1

Abstract:

Loading...

Firm diversification, Tobin's Q, diversification discount, total factor productivity, stock returns

16.

Investment, Tobin's Q, and Vintage Capital: Theory and Evidence

Number of pages: 40 Posted: 19 Oct 2017
Dmitry Livdan and Alexander Nezlobin
University of California, Berkeley and University of California, Berkeley - Haas School of Business
Downloads 87 (321,884)
Citation 1

Abstract:

Loading...

Investment; Tobin's Q; Vintage Capital

17.

Bayesian Pricing of News

Number of pages: 42 Posted: 20 Aug 2018
Dmitry Livdan and Alexander Nezlobin
University of California, Berkeley and University of California, Berkeley - Haas School of Business
Downloads 81 (336,194)

Abstract:

Loading...

Persuasion Games, Voluntary Disclosure, Cost of Capital, News Pricing

18.

Goal Congruence and Real Options: Good News About Models with Bad News

Number of pages: 44 Posted: 19 Oct 2017
Dmitry Livdan and Alexander Nezlobin
University of California, Berkeley and University of California, Berkeley - Haas School of Business
Downloads 68 (370,911)
Citation 1

Abstract:

Loading...

19.

The Performance of Optimally Diversified Firms: Reconciling Theory and Evidence

Number of pages: 32 Posted: 23 Oct 2002
Joao F. Gomes and Dmitry Livdan
The Wharton School and University of California, Berkeley
Downloads 21 (571,396)
  • Add to Cart

Abstract:

Loading...

firm diversification, Tobin's Q, diversification discount, total factor productivity