Pedro A. C. Saffi

University of Cambridge - Judge Business School

Trumpington Street

Cambridge, CB2 1AG

United Kingdom

http://www.pedrosaffi.com

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SCHOLARLY PAPERS

9

DOWNLOADS
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Top 5,346

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6,251

CITATIONS
Rank 10,341

SSRN RANKINGS

Top 10,341

in Total Papers Citations

41

Scholarly Papers (9)

1.

Price Efficiency and Short Selling

AFA 2008 New Orleans Meetings Paper, IESE Business School Working Paper No. 748, Review of Finance Studies, Vol. 24, No. 3, pp. 821-852, 2011
Number of pages: 41 Posted: 04 Dec 2006 Last Revised: 07 Mar 2011
Pedro A. C. Saffi and Kari Sigurdsson
University of Cambridge - Judge Business School and AQR Capital Management
Downloads 2,524 (3,091)
Citation 32

Abstract:

Short sales constraints, market efficiency, equity lending markets, extreme returns

2.

The Role of Institutional Investors in Voting: Evidence from the Securities Lending Market

Journal of Finance, Forthcoming
Number of pages: 53 Posted: 17 Mar 2012 Last Revised: 22 May 2015
Reena Aggarwal, Pedro A. C. Saffi and Jason Sturgess
Georgetown University - Robert Emmett McDonough School of Business, University of Cambridge - Judge Business School and DePaul University
Downloads 1,378 (9,777)
Citation 5

Abstract:

Proxy Voting, Securities Lending, Institutional Investors

3.

Ownership Structure , Limits to Arbitrage and Stock Returns: Evidence from Equity Lending Markets

Number of pages: 49 Posted: 17 Mar 2011 Last Revised: 10 Jul 2016
Melissa Porras Prado, Pedro A. C. Saffi and Jason Sturgess
Nova School of Business and Economics, University of Cambridge - Judge Business School and DePaul University
Downloads 598 (33,851)
Citation 2

Abstract:

Limits to Arbitrage, Equity Lending Markets, Short Selling, Ownership Structure, Arbitrage Risk

4.

Deleveraging Risk

Journal of Financial and Quantitative Analysis (JFQA), Forthcoming
Number of pages: 48 Posted: 27 Nov 2012 Last Revised: 26 Aug 2016
Scott A. Richardson, Pedro A. C. Saffi and Kari Sigurdsson
AQR Capital Management, LLC, University of Cambridge - Judge Business School and AQR Capital Management
Downloads 414 (34,484)

Abstract:

Deleveraging, equity lending, short selling, arbitrage capital, funding capital

5.

Expected Returns and Liquidity Risk: Does Entrepreneurial Income Matter?

IESE Business School Working Paper No. 749
Number of pages: 38 Posted: 09 Sep 2008
Pedro A. C. Saffi
University of Cambridge - Judge Business School
Downloads 314 (74,671)

Abstract:

6.

Differences of Opinion, Information and the Timing of Trades

IESE Business School Working Paper No. 747
Number of pages: 51 Posted: 10 Sep 2008
Pedro A. C. Saffi
University of Cambridge - Judge Business School
Downloads 261 (91,606)
Citation 1

Abstract:

Trading volume, differences of opinion, information asymmetry

7.

The Big Short: Short Selling Activity and Predictability in House Prices

46th Annual AREUEA Conference Paper
Number of pages: 50 Posted: 01 Dec 2010 Last Revised: 29 Sep 2016
Pedro A. C. Saffi and Carles Vergara-Alert
University of Cambridge - Judge Business School and IESE Business School
Downloads 45 (242,386)

Abstract:

Housing prices, short sales, financial crisis, equity lending, REITs

8.

Short Sales Constraints and the Diversification Puzzle

Number of pages: 68 Posted: 28 Jul 2015 Last Revised: 29 Apr 2016
Adam V. Reed, Pedro A. C. Saffi and Edward Dickersin Van Wesep
University of North Carolina Kenan-Flagler Business School, University of Cambridge - Judge Business School and University of Colorado at Boulder - Department of Finance
Downloads 25 (185,542)

Abstract:

Conglomerate discount, short sales constraints, equity lending, differences of opinion

9.

The Rise of the Equity Lending Market: Implications for Corporate Financial Policies

Number of pages: 44 Posted: 15 Dec 2015 Last Revised: 05 Jan 2016
Murillo Campello and Pedro A. C. Saffi
Cornell University and University of Cambridge - Judge Business School
Downloads 0 (116,631)

Abstract:

Equity lending market, cash holdings, share repurchases, short sales constraints, institutional ownership, instrumental variables