Dmitry Makarov

ICEF, Higher School of Economics

Associate Professor of Finance

26 Shabolovka

Moscow

Russia

http://www.nes.ru/~dmakarov

SCHOLARLY PAPERS

9

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4,683

CITATIONS
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SSRN RANKINGS

Top 16,249

in Total Papers Citations

21

Scholarly Papers (9)

1.
Downloads 1,662 ( 9,292)
Citation 9

Strategic Asset Allocation in Money Management

Journal of Finance, Forthcoming
Number of pages: 52 Posted: 03 Feb 2009 Last Revised: 31 May 2012
Suleyman Basak and Dmitry Makarov
London Business School and ICEF, Higher School of Economics
Downloads 1,660 (9,132)
Citation 9

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Money Managers, Strategic Interaction, Portfolio Choice, Relative Performance, Incentives, Risk Shifting, Fund Flows, Tournaments

Strategic Asset Allocation in Money Management

CEPR Discussion Paper No. DP8457
Number of pages: 46 Posted: 20 Jul 2011
Suleyman Basak and Dmitry Makarov
London Business School and ICEF, Higher School of Economics
Downloads 2 (637,504)
Citation 9
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fund flows, incentives, Money Managers, portfolio choice, relative performance, risk shifting, strategic interactions, tournaments

Strategic Asset Allocation with Relative Performance Concerns

Number of pages: 40 Posted: 11 Sep 2007
Suleyman Basak and Dmitry Makarov
London Business School and ICEF, Higher School of Economics
Downloads 469 (56,654)
Citation 5

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Money Managers, Strategic Interaction, Portfolio Choice, Relative Performance, Incentives, Risk Shifting, Fund Flows, Envy, Tournaments

Strategic Asset Allocation with Relative Performance Concerns

EFA 2008 Athens Meetings Paper
Number of pages: 40 Posted: 07 Mar 2008
Suleyman Basak and Dmitry Makarov
London Business School and ICEF, Higher School of Economics
Downloads 170 (168,583)
Citation 5

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Money Managers, Strategic Interaction, Portfolio Choice, Relative Performance, Incentives, Risk Shifting, Fund Flows, Envy, Tournaments

Difference in Interim Performance and Risk Taking with Short-Sale Constraints

Number of pages: 38 Posted: 09 Mar 2008 Last Revised: 10 Sep 2011
Suleyman Basak and Dmitry Makarov
London Business School and ICEF, Higher School of Economics
Downloads 627 (38,852)
Citation 5

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Relative Performance, Risk-Taking Incentives, Portfolio Choice, Short-Sale Constraints

Difference in Interim Performance and Risk Taking with Short-Sale Constraints

CEPR Discussion Paper No. DP8072
Number of pages: 44 Posted: 22 Nov 2010
Suleyman Basak and Dmitry Makarov
London Business School and ICEF, Higher School of Economics
Downloads 4 (619,171)
Citation 5
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mutual fund tournament, portfolio choice, relative performance, risk-taking incentives, short-sale constraints

4.

Competition among Portfolio Managers and Asset Specialization

Number of pages: 44 Posted: 04 Mar 2010 Last Revised: 09 Aug 2017
Suleyman Basak and Dmitry Makarov
London Business School and ICEF, Higher School of Economics
Downloads 552 (46,572)

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Competition, Portfolio Choice, Asset Specialization, Under-Diversification, Cost-Benefit Analysis, Relative Performance

5.

A Note on Wealth Effect under CARA Utility

Finance Research Letters, Forthcoming
Number of pages: 15 Posted: 01 Mar 2009 Last Revised: 10 May 2010
Dmitry Makarov and Astrid V. Schornick
ICEF, Higher School of Economics and Cologne Business School
Downloads 355 (79,837)
Citation 2

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CARA utility, wealth effect, information acquisition, asset pricing, portfolio choice

6.

Capital Market Equilibrium with Competition Among Institutional Investors

Number of pages: 29 Posted: 07 Mar 2012 Last Revised: 11 Jun 2013
Sergei Glebkin and Dmitry Makarov
London School of Economics & Political Science (LSE) and ICEF, Higher School of Economics
Downloads 277 (105,035)

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G12, G29

7.

Household Investments, Limited Participation and Equity Premium with Wealth Heterogeneity

Number of pages: 41 Posted: 09 Mar 2008 Last Revised: 26 Nov 2013
Dmitry Makarov and Astrid V. Schornick
ICEF, Higher School of Economics and Cologne Business School
Downloads 230 (127,243)

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household portfolios, limited participation, equity premium, wealth heterogeneity, uncertainty aversion

8.

Security Design with Status Concerns

Number of pages: 46 Posted: 29 Jan 2015 Last Revised: 15 Dec 2018
London Business School, ICEF, Higher School of Economics, New York University (NYU) - Department of Finance and New York University - Stern School of Business
Downloads 228 (128,338)

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Security Design, Status Concerns, Convertible Securities, Financing, Hybrid Securities

9.

Explaining Households’ Investment Behavior

INSEAD Working Paper No. 2010/44/FIN
Number of pages: 25 Posted: 12 Jun 2010 Last Revised: 05 Jul 2010
Dmitry Makarov and Astrid V. Schornick
ICEF, Higher School of Economics and Cologne Business School
Downloads 109 (239,689)

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