Stijn Van Nieuwerburgh

Columbia University Graduate School of Business

3022 Broadway

Uris Hall 809

New York, NY New York 10027

United States

http://https://www0.gsb.columbia.edu/faculty/svannieuwerburgh/

National Bureau of Economic Research (NBER)

1050 Massachusetts Avenue

Cambridge, MA 02138

United States

Centre for Economic Policy Research (CEPR)

Faculty Research Fellow

London

United Kingdom

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SCHOLARLY PAPERS

82

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Rank 326

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97,764

TOTAL CITATIONS
Rank 53

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Top 53

in Total Papers Citations

1,949

Scholarly Papers (82)

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1.

Work From Home and the Office Real Estate Apocalypse

Downloads 20,416 ( 346)
Citation 16

Work From Home and the Office Real Estate Apocalypse

forthcoming American Economic Review
Number of pages: 79 Posted: 09 Jun 2022 Last Revised: 06 Feb 2025
Arpit Gupta, Vrinda Mittal and Stijn Van Nieuwerburgh
NYU Stern School of Business, University of North Carolina (UNC) at Chapel Hill - Kenan-Flagler Business School and Columbia University Graduate School of Business
Downloads 19,415 (380)
Citation 8

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remote work, office valuation, commercial real estate, urban doom loop

Work from Home and the Office Real Estate Apocalypse

NBER Working Paper No. w30526
Number of pages: 77 Posted: 07 Oct 2022 Last Revised: 29 May 2023
Arpit Gupta, Vrinda Mittal and Stijn Van Nieuwerburgh
NYU Stern School of Business, University of North Carolina (UNC) at Chapel Hill - Kenan-Flagler Business School and Columbia University Graduate School of Business
Downloads 1,001 (48,754)
Citation 8

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2.

The Cross-Section and Time-Series of Stock and Bond Returns

Downloads 5,472 ( 3,425)
Citation 72

The Cross-Section and Time-Series of Stock and Bond Returns

Journal of Monetary Economics, Forthcoming, AFA 2010 Atlanta Meetings Paper, EFA 2009 Bergen Meetings Paper
Number of pages: 65 Posted: 11 Feb 2009 Last Revised: 04 May 2017
Ralph S. J. Koijen, Hanno N. Lustig and Stijn Van Nieuwerburgh
University of Chicago - Booth School of Business, Stanford Graduate School of Business and Columbia University Graduate School of Business
Downloads 4,352 (4,960)
Citation 6

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The Cross-Section and Time-Series of Stock and Bond Returns

NYU Working Paper No. 2451/31423
Number of pages: 64 Posted: 13 Jan 2012 Last Revised: 16 Dec 2014
Ralph S. J. Koijen, Hanno N. Lustig and Stijn Van Nieuwerburgh
University of Chicago - Booth School of Business, Stanford Graduate School of Business and Columbia University Graduate School of Business
Downloads 792 (67,201)

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The Cross-Section and Time-Series of Stock and Bond Returns

NBER Working Paper No. w15688
Number of pages: 68 Posted: 01 Feb 2010 Last Revised: 05 Feb 2023
Ralph S. J. Koijen, Hanno N. Lustig and Stijn Van Nieuwerburgh
University of Chicago - Booth School of Business, Stanford Graduate School of Business and Columbia University Graduate School of Business
Downloads 324 (199,325)
Citation 49

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The Cross-Section and Time-Series of Stock and Bond Returns

CEPR Discussion Paper No. DP9024
Number of pages: 69 Posted: 28 Sep 2012
Ralph S. J. Koijen, Hanno N. Lustig and Stijn Van Nieuwerburgh
University of Chicago - Booth School of Business, Stanford Graduate School of Business and Columbia University Graduate School of Business
Downloads 4 (1,369,573)
Citation 17
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bond risk premium, cross-section of stock returns

3.

Time-Varying Fund Manager Skill

Downloads 4,073 ( 5,624)
Citation 35

Time-Varying Fund Manager Skill

Journal of Finance, Forthcoming
Number of pages: 60 Posted: 16 Nov 2011 Last Revised: 06 Dec 2012
Marcin T. Kacperczyk, Stijn Van Nieuwerburgh and Laura Veldkamp
Imperial College London - Accounting, Finance, and Macroeconomics, Columbia University Graduate School of Business and Columbia University - Columbia Business School
Downloads 3,808 (6,171)
Citation 7

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mutual funds, skills, business cycle

Time-Varying Fund Manager Skill

NYU Working Paper No. 2451/31336
Number of pages: 47 Posted: 26 Jun 2013
Marcin T. Kacperczyk, Stijn Van Nieuwerburgh and Laura Veldkamp
Imperial College London - Accounting, Finance, and Macroeconomics, Columbia University Graduate School of Business and Columbia University - Columbia Business School
Downloads 177 (364,249)
Citation 1

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Time-Varying Fund Manager Skill

NBER Working Paper No. w17615
Number of pages: 48 Posted: 24 Nov 2011 Last Revised: 18 Feb 2023
Marcin T. Kacperczyk, Stijn Van Nieuwerburgh and Laura Veldkamp
Imperial College London - Accounting, Finance, and Macroeconomics, Columbia University Graduate School of Business and Columbia University - Columbia Business School
Downloads 84 (650,490)
Citation 5

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Time-Varying Fund Manager Skill

CEPR Discussion Paper No. DP9025
Number of pages: 43 Posted: 28 Sep 2012
Marcin T. Kacperczyk, Stijn Van Nieuwerburgh and Laura Veldkamp
Imperial College London - Accounting, Finance, and Macroeconomics, Columbia University Graduate School of Business and Columbia University - Columbia Business School
Downloads 4 (1,369,573)
Citation 22
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BUSINESS CYCLE, MUTUAL FUNDS, SKILLS

4.

Machine-Learning the Skill of Mutual Fund Managers

Downloads 3,964 ( 5,886)
Citation 38

Machine-Learning the Skill of Mutual Fund Managers

Number of pages: 110 Posted: 07 Dec 2021 Last Revised: 07 Aug 2023
Ron Kaniel, Zihan Lin, Markus Pelger and Stijn Van Nieuwerburgh
University of Rochester - Simon Business School, Stanford University, Stanford University - Department of Management Science & Engineering and Columbia University Graduate School of Business
Downloads 3,899 (5,920)

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Mutual fund performance, machine learning, sentiment, big data, neural networks

Machine-Learning the Skill of Mutual Fund Managers

NBER Working Paper No. w29723
Number of pages: 59 Posted: 07 Feb 2022 Last Revised: 09 Jul 2022
Ron Kaniel, Zihan Lin, Markus Pelger and Stijn Van Nieuwerburgh
University of Rochester - Simon Business School, Stanford University, Stanford University - Department of Management Science & Engineering and Columbia University Graduate School of Business
Downloads 65 (754,044)
Citation 38

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5.

The Common Factor in Idiosyncratic Volatility: Quantitative Asset Pricing Implications

Downloads 3,637 ( 6,792)
Citation 146

The Common Factor in Idiosyncratic Volatility: Quantitative Asset Pricing Implications

Journal of Financial Economics (JFE), Forthcoming, Fama-Miller Working Paper, Chicago Booth Research Paper No. 12-54
Number of pages: 53 Posted: 12 Nov 2012 Last Revised: 15 Nov 2015
Bernard Herskovic, Bryan T. Kelly, Hanno N. Lustig and Stijn Van Nieuwerburgh
University of California, Los Angeles (UCLA) - Anderson School of Management, Yale SOM, Stanford Graduate School of Business and Columbia University Graduate School of Business
Downloads 3,493 (7,140)
Citation 2

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Firm volatility, Idiosyncratic risk, Cross-section of stock returns

The Common Factor in Idiosyncratic Volatility: Quantitative Asset Pricing Implications

NBER Working Paper No. w20076
Number of pages: 66 Posted: 28 Apr 2014 Last Revised: 11 May 2023
Bernard Herskovic, Bryan T. Kelly, Hanno N. Lustig and Stijn Van Nieuwerburgh
University of California, Los Angeles (UCLA) - Anderson School of Management, Yale SOM, Stanford Graduate School of Business and Columbia University Graduate School of Business
Downloads 144 (435,679)
Citation 144

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6.

Firm Volatility in Granular Networks

Downloads 3,381 ( 7,646)
Citation 17

Firm Volatility in Granular Networks

Chicago Booth Research Paper No. 12-56, Fama-Miller Working Paper
Number of pages: 69 Posted: 07 Dec 2012 Last Revised: 11 Jun 2020
Bernard Herskovic, Bryan T. Kelly, Hanno N. Lustig and Stijn Van Nieuwerburgh
University of California, Los Angeles (UCLA) - Anderson School of Management, Yale SOM, Stanford Graduate School of Business and Columbia University Graduate School of Business
Downloads 3,177 (8,303)
Citation 15

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Firm volatility, networks, firm size distribution, aggregate volatility, granularity

Firm Volatility in Granular Networks

NBER Working Paper No. w19466
Number of pages: 70 Posted: 28 Sep 2013 Last Revised: 11 Mar 2023
Bryan T. Kelly, Hanno N. Lustig and Stijn Van Nieuwerburgh
Yale SOM, Stanford Graduate School of Business and Columbia University Graduate School of Business
Downloads 204 (319,350)
Citation 2

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7.

Too-Systemic-To-Fail: What Option Markets Imply About Sector-Wide Government Guarantees

Downloads 3,175 ( 8,461)
Citation 92

Too-Systemic-To-Fail: What Option Markets Imply About Sector-Wide Government Guarantees

American Economic Review, Forthcoming, Fama-Miller Working Paper, Chicago Booth Research Paper No. 11-12
Number of pages: 70 Posted: 15 Feb 2011 Last Revised: 14 Nov 2015
Bryan T. Kelly, Hanno N. Lustig and Stijn Van Nieuwerburgh
Yale SOM, Stanford Graduate School of Business and Columbia University Graduate School of Business
Downloads 2,691 (10,757)
Citation 9

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systemic risk, too-big-to-fail, option pricing, government bailout, financial disaster models

Too-Systemic-To-Fail: What Option Markets Imply About Sector-Wide Government Guarantees

AFA 2012 Chicago Meetings Paper
Number of pages: 78 Posted: 17 Mar 2011 Last Revised: 06 Aug 2015
Bryan T. Kelly, Hanno N. Lustig and Stijn Van Nieuwerburgh
Yale SOM, Stanford Graduate School of Business and Columbia University Graduate School of Business
Downloads 247 (264,916)
Citation 1

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systemic risk, government bailout, too-big-to-fail, option pricing models, disaster models, financial crisis

Too-Systemic-To-Fail: What Option Markets Imply About Sector-Wide Government Guarantees

NYU Working Paper No. 2451/31427
Number of pages: 56 Posted: 13 Jan 2012 Last Revised: 10 Feb 2016
Bryan T. Kelly, Hanno N. Lustig and Stijn Van Nieuwerburgh
Yale SOM, Stanford Graduate School of Business and Columbia University Graduate School of Business
Downloads 156 (407,411)

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Too-Systemic-To-Fail: What Option Markets Imply About Sector-Wide Government Guarantees

NBER Working Paper No. w17149
Number of pages: 59 Posted: 20 Jun 2011 Last Revised: 12 May 2023
Bryan T. Kelly, Hanno N. Lustig and Stijn Van Nieuwerburgh
Yale SOM, Stanford Graduate School of Business and Columbia University Graduate School of Business
Downloads 79 (674,948)
Citation 58

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Too-Systemic-To-Fail: What Option Markets Imply About Sector-Wide Government Guarantees

CEPR Discussion Paper No. DP9023
Number of pages: 58 Posted: 28 Sep 2012
Bryan T. Kelly, Hanno N. Lustig and Stijn Van Nieuwerburgh
Yale SOM, Stanford Graduate School of Business and Columbia University Graduate School of Business
Downloads 2 (1,382,447)
Citation 24
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financial crisis, government bailout, option pricing models, systemic risk, too-big-to-fail

8.

Predictability of Returns and Cash Flows

Downloads 2,796 (10,280)
Citation 40

Predictability of Returns and Cash Flows

Number of pages: 33 Posted: 12 Dec 2010 Last Revised: 09 Jan 2011
Ralph S. J. Koijen and Stijn Van Nieuwerburgh
University of Chicago - Booth School of Business and Columbia University Graduate School of Business
Downloads 2,411 (12,808)
Citation 25

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return predictability, present-value moel, dividend growth predictability

Predictability of Returns and Cash Flows

NYU Working Paper No. 2451/31426
Number of pages: 33 Posted: 13 Jan 2012
Ralph S. J. Koijen and Stijn Van Nieuwerburgh
University of Chicago - Booth School of Business and Columbia University Graduate School of Business
Downloads 291 (223,875)
Citation 15

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Predictability of Returns and Cash Flows

NBER Working Paper No. w16648
Number of pages: 34 Posted: 29 Dec 2010 Last Revised: 29 Jun 2023
Ralph S. J. Koijen and Stijn Van Nieuwerburgh
University of Chicago - Booth School of Business and Columbia University Graduate School of Business
Downloads 94 (605,539)

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Predictability of Returns and Cash Flows

Annual Review of Financial Economics, Vol. 3, pp. 467-491, 2011
Posted: 10 Jan 2012
Ralph S. J. Koijen and Stijn Van Nieuwerburgh
University of Chicago - Booth School of Business and Columbia University Graduate School of Business

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9.

Rational Attention Allocation over the Business Cycle

Downloads 2,438 (12,826)
Citation 17

Rational Attention Allocation over the Business Cycle

Number of pages: 63 Posted: 29 May 2009 Last Revised: 15 Aug 2012
Marcin T. Kacperczyk, Stijn Van Nieuwerburgh and Laura Veldkamp
Imperial College London - Accounting, Finance, and Macroeconomics, Columbia University Graduate School of Business and Columbia University - Columbia Business School
Downloads 2,107 (15,925)
Citation 15

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information choice, investment management, business cycle

Rational Attention Allocation Over the Business Cycle

NYU Working Paper No. 2451/31425
Number of pages: 57 Posted: 13 Jan 2012
Marcin T. Kacperczyk, Stijn Van Nieuwerburgh and Laura Veldkamp
Imperial College London - Accounting, Finance, and Macroeconomics, Columbia University Graduate School of Business and Columbia University - Columbia Business School
Downloads 255 (256,569)

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Rational Attention Allocation Over the Business Cycle

NBER Working Paper No. w15450
Number of pages: 54 Posted: 03 Nov 2009 Last Revised: 20 Mar 2023
Marcin T. Kacperczyk, Stijn Van Nieuwerburgh and Laura Veldkamp
Imperial College London - Accounting, Finance, and Macroeconomics, Columbia University Graduate School of Business and Columbia University - Columbia Business School
Downloads 76 (690,382)
Citation 2

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10.

The U.S. Public Debt Valuation Puzzle

Downloads 2,390 (13,265)
Citation 10

The U.S. Public Debt Valuation Puzzle

Number of pages: 87 Posted: 04 Mar 2019 Last Revised: 17 May 2024
Zhengyang Jiang, Hanno N. Lustig, Stijn Van Nieuwerburgh and Mindy Z. Xiaolan
Kellogg School of Management - Department of Finance, Stanford Graduate School of Business, Columbia University Graduate School of Business and University of Texas, Austin - Department of Finance
Downloads 2,293 (13,911)
Citation 3

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government debt maturity, fiscal policy, term structure, interest rate risk

The U.S. Public Debt Valuation Puzzle

NBER Working Paper No. w26583
Number of pages: 69 Posted: 24 Dec 2019 Last Revised: 19 Feb 2023
Zhengyang Jiang, Hanno Lustig, Stijn Van Nieuwerburgh and Mindy Z. Xiaolan
Kellogg School of Management - Department of Finance, Stanford University, Columbia University Graduate School of Business and University of Texas, Austin - Department of Finance
Downloads 96 (597,228)
Citation 1

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The U.S. Public Debt Valuation Puzzle

CEPR Discussion Paper No. DP16082
Number of pages: 71 Posted: 14 May 2021
Zhengyang Jiang, hlustig@stanford.edu Lustig, Stijn Van Nieuwerburgh and Mindy Z. Xiaolan
Kellogg School of Management - Department of Finance, Stanford University, Columbia University Graduate School of Business and University of Texas, Austin - Department of Finance
Downloads 1 (1,391,422)
Citation 6
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11.

Affordable Housing and City Welfare

Downloads 2,368 (13,452)
Citation 9

Affordable Housing and City Welfare

Columbia Business School Research Paper No. 18-77
Number of pages: 87 Posted: 07 Nov 2018 Last Revised: 11 Jun 2021
Jack Y Favilukis, Pierre Mabille and Stijn Van Nieuwerburgh
University of British Columbia (UBC) - Division of Finance, INSEAD - Finance and Columbia University Graduate School of Business
Downloads 2,286 (13,973)
Citation 7

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Dynamic Spatial Equilibrium, House Prices, Affordable Housing, Rent Control, Zoning, Gentrification, Real Estate Development, New York, Housing Vouchers, Tax Credits, LIHTC

Affordable Housing and City Welfare

NBER Working Paper No. w25906
Number of pages: 88 Posted: 05 Jun 2019 Last Revised: 15 Apr 2023
Jack Y Favilukis, Pierre Mabille and Stijn Van Nieuwerburgh
University of British Columbia (UBC) - Division of Finance, INSEAD - Finance and Columbia University Graduate School of Business
Downloads 79 (674,948)

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Affordable Housing and City Welfare

CEPR Discussion Paper No. DP13758
Number of pages: 84 Posted: 30 May 2019
Jack Y Favilukis, Pierre Mabille and Stijn Van Nieuwerburgh
University of British Columbia (UBC) - Division of Finance, INSEAD - Finance and Columbia University Graduate School of Business
Downloads 3 (1,375,668)
Citation 2
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affordable housing, Development, Dynamic spatial equilibrium, Gentrification, House Prices, housing vouchers, Rent Control, Tax credits, Zoning

12.

A Macroeconomic Model with Financially Constrained Producers and Intermediaries

Downloads 2,227 (14,820)
Citation 33

A Macroeconomic Model with Financially Constrained Producers and Intermediaries

Number of pages: 101 Posted: 16 Mar 2016 Last Revised: 29 Apr 2020
Vadim Elenev, Tim Landvoigt and Stijn Van Nieuwerburgh
Johns Hopkins University, University of Pennsylvania - The Wharton School and Columbia University Graduate School of Business
Downloads 2,154 (15,363)
Citation 12

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financial intermediation, macroprudential policy, credit spread, intermediary-based asset pricing

A Macroeconomic Model with Financially Constrained Producers and Intermediaries

NBER Working Paper No. w24757
Number of pages: 89 Posted: 25 Jun 2018 Last Revised: 23 Feb 2023
Vadim Elenev, Tim Landvoigt and Stijn Van Nieuwerburgh
Johns Hopkins University, University of Pennsylvania - The Wharton School and Columbia University Graduate School of Business
Downloads 73 (706,650)
Citation 20

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A Macroeconomic Model with Financially Constrained Producers and Intermediaries

CEPR Discussion Paper No. DP12282
Number of pages: 70 Posted: 11 Sep 2017
Vadim Elenev, Tim Landvoigt and Stijn Van Nieuwerburgh
Johns Hopkins University, University of Pennsylvania - The Wharton School and Columbia University Graduate School of Business
Downloads 0
Citation 1
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credit spread, Financial Intermediation, intermediary-based asset pricing, macroprudential policy

13.

A Rational Theory of Mutual Funds' Attention Allocation

NYU Working Paper No. 2451/28347
Number of pages: 53 Posted: 26 Jun 2013 Last Revised: 29 Oct 2015
Marcin T. Kacperczyk, Stijn Van Nieuwerburgh and Laura Veldkamp
Imperial College London - Accounting, Finance, and Macroeconomics, Columbia University Graduate School of Business and Columbia University - Columbia Business School
Downloads 2,190 (15,267)
Citation 52

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mutual funds, rational inattention, portfolio choice

14.

Mortgage Timing

Downloads 2,120 (16,096)
Citation 24

Mortgage Timing

Number of pages: 67 Posted: 23 Dec 2008 Last Revised: 02 Oct 2015
Ralph S. J. Koijen, Otto Van Hemert and Stijn Van Nieuwerburgh
University of Chicago - Booth School of Business, Man AHL and Columbia University Graduate School of Business
Downloads 1,543 (25,913)
Citation 3

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Mortgage Timing

NYU Working Paper No. 2451/31424
Number of pages: 67 Posted: 13 Jan 2012
Ralph S. J. Koijen, Otto Van Hemert and Stijn Van Nieuwerburgh
University of Chicago - Booth School of Business, affiliation not provided to SSRN and Columbia University Graduate School of Business
Downloads 386 (164,309)
Citation 1

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Mortgage Timing

NBER Working Paper No. w13361
Number of pages: 53 Posted: 10 Sep 2007 Last Revised: 05 Feb 2023
Ralph S. J. Koijen, Otto Van Hemert and Stijn Van Nieuwerburgh
University of Chicago - Booth School of Business, Man AHL and Columbia University Graduate School of Business
Downloads 191 (341,394)
Citation 20

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15.

Flattening the Curve: Pandemic-Induced Revaluation of Urban Real Estate

Downloads 1,945 (18,488)
Citation 52

Flattening the Curve: Pandemic-Induced Revaluation of Urban Real Estate

NYU Stern School of Business Forthcoming, Columbia Business School Research Paper Forthcoming
Number of pages: 80 Posted: 08 Feb 2021 Last Revised: 10 Aug 2021
Arpit Gupta, Vrinda Mittal, Jonas Peeters and Stijn Van Nieuwerburgh
NYU Stern School of Business, University of North Carolina (UNC) at Chapel Hill - Kenan-Flagler Business School, University of Pennsylvania - Finance Department and Columbia University Graduate School of Business
Downloads 1,842 (19,770)
Citation 11

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COVID-19, land values, bid-rent function, working from home

Flattening the Curve: Pandemic-Induced Revaluation of Urban Real Estate

NBER Working Paper No. w28675
Number of pages: 63 Posted: 12 Apr 2021 Last Revised: 17 May 2023
Arpit Gupta, Vrinda Mittal, Jonas Peeters and Stijn Van Nieuwerburgh
NYU Stern School of Business, University of North Carolina (UNC) at Chapel Hill - Kenan-Flagler Business School, University of Pennsylvania - Finance Department and Columbia University Graduate School of Business
Downloads 101 (576,825)
Citation 3

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Flattening the Curve: Pandemic-Induced Revaluation of Urban Real Estate

CEPR Discussion Paper No. DP16080
Number of pages: 67 Posted: 14 May 2021
Arpit Gupta, Vrinda Mittal, Jonas Peeters and Stijn Van Nieuwerburgh
NYU Stern School of Business, University of North Carolina (UNC) at Chapel Hill - Kenan-Flagler Business School, University of Pennsylvania - Finance Department and Columbia University Graduate School of Business
Downloads 2 (1,382,447)
Citation 38
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16.

Out-of-Town Home Buyers and City Welfare

Downloads 1,783 (21,151)
Citation 50

Out-of-Town Home Buyers and City Welfare

Journal of Finance, Forthcoming
Number of pages: 79 Posted: 24 Feb 2017 Last Revised: 29 Jan 2021
Jack Y Favilukis and Stijn Van Nieuwerburgh
University of British Columbia (UBC) - Division of Finance and Columbia University Graduate School of Business
Downloads 1,751 (21,360)
Citation 50

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house prices, foreign investors, property taxes

Out-of-Town Home Buyers and City Welfare

CEPR Discussion Paper No. DP12283
Number of pages: 63 Posted: 11 Sep 2017
Jack Y Favilukis and Stijn Van Nieuwerburgh
University of British Columbia (UBC) - Division of Finance and Columbia University Graduate School of Business
Downloads 32 (1,038,779)
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affordable housing, Dynamic spatial equilibrium, foreign investors, Gentrification, House Prices, property taxes

17.

The Macroeconomic Effects of Housing Wealth, Housing Finance, and Limited Risk-Sharing in General Equilibrium

Downloads 1,711 (22,504)
Citation 121

The Macroeconomic Effects of Housing Wealth, Housing Finance, and Limited Risk-Sharing in General Equilibrium

Journal of Political Economy, Forthcoming
Number of pages: 114 Posted: 10 May 2010 Last Revised: 07 Oct 2015
Jack Y Favilukis, Sydney C. Ludvigson and Stijn Van Nieuwerburgh
University of British Columbia (UBC) - Division of Finance, New York University - Department of Economics and Columbia University Graduate School of Business
Downloads 1,237 (35,906)
Citation 102

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The Macroeconomic Effects of Housing Wealth, Housing Finance, and Limited Risk-Sharing in General Equilibrium

NBER Working Paper No. w15988
Number of pages: 96 Posted: 17 May 2010 Last Revised: 10 Mar 2023
Jack Y Favilukis, Sydney C. Ludvigson and Stijn Van Nieuwerburgh
University of British Columbia (UBC) - Division of Finance, New York University - Department of Economics and Columbia University Graduate School of Business
Downloads 211 (309,167)
Citation 18

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The Macroeconomic Effects of Housing Wealth, Housing Finance, and Limited Risk-Sharing in General Equilibrium

NYU Working Paper No. 2451/31429
Number of pages: 72 Posted: 13 Jan 2012
Stijn Van Nieuwerburgh, Jack Y Favilukis, Sydney C. Ludvigson and Stijn Van Nieuwerburgh
Columbia University Graduate School of Business, University of British Columbia (UBC) - Division of Finance, New York University - Department of Economics and affiliation not provided to SSRN
Downloads 120 (505,427)
Citation 1

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The Macroeconomic Effects of Housing Wealth, Housing Finance, and Limited Risk-Sharing in General Equilibrium

NYU Working Paper No. 2451/31429
Number of pages: 72 Posted: 16 Nov 2010
Jack Y Favilukis, Sydney C. Ludvigson and Stijn Van Nieuwerburgh
University of British Columbia (UBC) - Division of Finance, New York University - Department of Economics and Columbia University Graduate School of Business
Downloads 83 (655,305)

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The Macroeconomic Effects of Housing Wealth, Housing Finance, and Limited Risk-Sharing in General Equilibrium

NYU Working Paper No. 2451/31429
Number of pages: 72 Posted: 22 Nov 2010
Jack Y Favilukis, Sydney C. Ludvigson and Stijn Van Nieuwerburgh
University of British Columbia (UBC) - Division of Finance, New York University - Department of Economics and Columbia University Graduate School of Business
Downloads 60 (787,034)

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18.

The Wealth-Consumption Ratio

Downloads 1,567 (25,817)
Citation 48

The Wealth-Consumption Ratio

Review of Asset Pricing Studies, Forthcoming, NYU Working Paper No. FIN-08-045, AFA 2008 New Orleans Meetings Paper , EFA 2007 Ljubljana Meetings Paper
Number of pages: 110 Posted: 09 Mar 2009 Last Revised: 31 Mar 2013
Hanno N. Lustig, Stijn Van Nieuwerburgh, Adrien Verdelhan and Adrien Verdelhan
Stanford Graduate School of Business, Columbia University Graduate School of Business and National Bureau of Economic Research (NBER)Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 1,509 (26,817)

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The Wealth-Consumption Ratio

NBER Working Paper No. w13896
Number of pages: 52 Posted: 21 Mar 2008 Last Revised: 22 Dec 2022
Hanno N. Lustig, Stijn Van Nieuwerburgh, Adrien Verdelhan and Adrien Verdelhan
Stanford Graduate School of Business, Columbia University Graduate School of Business and National Bureau of Economic Research (NBER)Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 51 (854,586)
Citation 40

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The Wealth-Consumption Ratio

CEPR Discussion Paper No. DP9022
Number of pages: 77 Posted: 28 Sep 2012
Hanno N. Lustig, Stijn Van Nieuwerburgh, Adrien Verdelhan and Adrien Verdelhan
Stanford Graduate School of Business, Columbia University Graduate School of Business and National Bureau of Economic Research (NBER)Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 7 (1,348,289)
Citation 8
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discount rate, equity risk premium, excess return, interest rate, risk premium, stock market, stock returns

19.

Financial and Total Wealth Inequality with Declining Interest Rates

Downloads 1,542 (26,403)
Citation 2

Financial and Total Wealth Inequality with Declining Interest Rates

Stanford University Graduate School of Business Research Paper , Columbia Business School Research Paper
Number of pages: 101 Posted: 01 Mar 2021 Last Revised: 11 Apr 2023
Daniel Greenwald, Matteo Leombroni, Hanno N. Lustig and Stijn Van Nieuwerburgh
Massachusetts Institute of Technology (MIT) - Sloan School of Management, Stanford University, Stanford Graduate School of Business and Columbia University Graduate School of Business
Downloads 1,510 (26,790)

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wealth inequality, declining real rates, human wealth, financial wealth

Financial and Total Wealth Inequality with Declining Interest Rates

NBER Working Paper No. w28613
Number of pages: 84 Posted: 29 Mar 2021 Last Revised: 08 Mar 2023
Daniel Greenwald, Matteo Leombroni, hlustig@stanford.edu Lustig and Stijn Van Nieuwerburgh
Massachusetts Institute of Technology (MIT) - Sloan School of Management, Stanford University, Stanford University and Columbia University Graduate School of Business
Downloads 31 (1,050,295)

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Financial and Total Wealth Inequality with Declining Interest Rates

CEPR Discussion Paper No. DP16081
Number of pages: 90 Posted: 14 May 2021
Daniel Greenwald, Matteo Leombroni, hlustig@stanford.edu Lustig and Stijn Van Nieuwerburgh
Massachusetts Institute of Technology (MIT) - Sloan School of Management, Stanford University, Stanford University and Columbia University Graduate School of Business
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Citation 2
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20.

Valuing Private Equity Investments Strip by Strip

Journal of Finance, Forthcoming, NYU Stern School of Business
Number of pages: 129 Posted: 18 Oct 2019 Last Revised: 29 Jan 2021
Arpit Gupta and Stijn Van Nieuwerburgh
NYU Stern School of Business and Columbia University Graduate School of Business
Downloads 1,474 (28,257)
Citation 32

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private equity, cross-section, term structure of risk

21.

Bond Convenience Yields in the Eurozone Currency Union

Columbia Business School Research Paper Forthcoming
Number of pages: 55 Posted: 30 Mar 2021 Last Revised: 26 Jan 2024
Zhengyang Jiang, Hanno N. Lustig, Stijn Van Nieuwerburgh and Mindy Z. Xiaolan
Kellogg School of Management - Department of Finance, Stanford Graduate School of Business, Columbia University Graduate School of Business and University of Texas, Austin - Department of Finance
Downloads 1,296 (34,245)
Citation 9

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bond pricing, fiscal policy, convenience yield, currency union

22.

Combining Life and Health Insurance

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Citation 5

Combining Life and Health Insurance

Quarterly Journal of Economics, Forthcoming
Number of pages: 54 Posted: 19 Mar 2018 Last Revised: 09 Oct 2019
Ralph S. J. Koijen and Stijn Van Nieuwerburgh
University of Chicago - Booth School of Business and Columbia University Graduate School of Business
Downloads 1,192 (38,001)
Citation 5

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Financing the War on Cancer

NBER Working Paper No. w24730
Number of pages: 31 Posted: 18 Jun 2018 Last Revised: 05 Feb 2023
Ralph S. J. Koijen and Stijn Van Nieuwerburgh
University of Chicago - Booth School of Business and Columbia University Graduate School of Business
Downloads 53 (838,548)

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Financing the War on Cancer

CEPR Discussion Paper No. DP12990
Number of pages: 33 Posted: 18 Jun 2018 Last Revised: 25 Jun 2018
Ralph S. J. Koijen and Stijn Van Nieuwerburgh
University of Chicago - Booth School of Business and Columbia University Graduate School of Business
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23.

Health and Mortality Delta: Assessing the Welfare Cost of Household Insurance Choice

Downloads 1,171 (39,594)
Citation 37

Health and Mortality Delta: Assessing the Welfare Cost of Household Insurance Choice

Journal of Finance, Vol. 71, No. 2, 2016, Netspar Discussion Paper No. 05/2011-050, Chicago Booth Research Paper No. 11-34, Fama-Miller Working Paper, NYU Working Paper No. FIN-11-055
Number of pages: 63 Posted: 10 May 2011 Last Revised: 24 Dec 2015
Ralph S. J. Koijen, Stijn Van Nieuwerburgh and Motohiro Yogo
University of Chicago - Booth School of Business, Columbia University Graduate School of Business and Princeton University - Department of Economics
Downloads 1,110 (42,195)
Citation 6

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Annuities, Health insurance, Life-cycle model, Life insurance, Portfolio choice

Health and Mortality Delta: Assessing the Welfare Cost of Household Insurance Choice

NBER Working Paper No. w17325
Number of pages: 64 Posted: 29 Aug 2011 Last Revised: 05 Feb 2023
Ralph S. J. Koijen, Stijn Van Nieuwerburgh and Motohiro Yogo
University of Chicago - Booth School of Business, Columbia University Graduate School of Business and Princeton University - Department of Economics
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Citation 31

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24.

Identifying the Benefits from Home Ownership: A Swedish Experiment

Downloads 1,137 (41,412)
Citation 7

Identifying the Benefits from Home Ownership: A Swedish Experiment

Swedish House of Finance Research Paper No. 16-11, Paris December 2016 Finance Meeting EUROFIDAI - AFFI
Number of pages: 122 Posted: 29 May 2016 Last Revised: 14 Jul 2021
Paolo Sodini, Stijn Van Nieuwerburgh, Roine Vestman and Ulf von Lilienfeld‐Toal
Stockholm School of Economics - Department of Finance, Columbia University Graduate School of Business, Stockholm University - Department of Economics and Universite du Luxembourg
Downloads 1,048 (45,668)
Citation 5

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home ownership, housing wealth, marginal propensity to consume out of housing wealth, privatization of social housing

Identifying the Benefits from Homeownership: A Swedish Experiment

NBER Working Paper No. w22882
Number of pages: 123 Posted: 05 Dec 2016 Last Revised: 10 Jul 2023
Paolo Sodini, Stijn Van Nieuwerburgh, Roine Vestman and Ulf von Lilienfeld-Toal
Stockholm School of Economics - Department of Finance, Columbia University Graduate School of Business, Stockholm University - Department of Economics and Luxembourg School of Finance
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Identifying the Benefits from Home Ownership: A Swedish Experiment

CEPR Discussion Paper No. DP11656
Number of pages: 85 Posted: 29 Nov 2016
Paolo Sodini, Stijn Van Nieuwerburgh, Roine Vestman and Ulf von Lilienfeld-Toal
Stockholm School of Economics - Department of Finance, Columbia University Graduate School of Business, Stockholm University - Department of Economics and Luxembourg School of Finance
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Citation 2
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collateral effect, home ownership, housing wealth, mobility, MPC

25.

Information Immobility and the Home Bias Puzzle

Downloads 1,132 (41,652)
Citation 129

Information Immobility and the Home Bias Puzzle

AFA 2006 Boston Meetings Paper
Number of pages: 44 Posted: 21 Nov 2005 Last Revised: 06 May 2008
Stijn Van Nieuwerburgh and Laura Veldkamp
Columbia University Graduate School of Business and Columbia University - Columbia Business School
Downloads 592 (98,037)
Citation 8

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Home bias, asymmetric information, information theory, local bias

Information Immobility and the Home Bias Puzzle

NYU Working Paper No. FIN-04-026
Number of pages: 37 Posted: 03 Nov 2008
Stijn Van Nieuwerburgh and Laura Veldkamp
Columbia University Graduate School of Business and Columbia University - Columbia Business School
Downloads 308 (210,658)

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Information Immobility and the Home Bias Puzzle

NYU Working Paper No. SC-AM-05-05
Number of pages: 38 Posted: 03 Nov 2008
Stijn Van Nieuwerburgh and Laura Veldkamp
Columbia University Graduate School of Business and Columbia University - Columbia Business School
Downloads 92 (613,985)
Citation 3

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Information Immobility and the Home Bias Puzzle

NYU Working Paper No. FIN-07-017
Number of pages: 34 Posted: 03 Nov 2008
Stijn Van Nieuwerburgh and Laura Veldkamp
Columbia University Graduate School of Business and Columbia University - Columbia Business School
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Home bias, asymmetric information, learning

Information Immobility and the Home Bias Puzzle

NBER Working Paper No. w13366
Number of pages: 45 Posted: 10 Sep 2007 Last Revised: 09 Jan 2022
Stijn Van Nieuwerburgh and Laura Veldkamp
Columbia University Graduate School of Business and Columbia University - Columbia Business School
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Citation 118

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26.

What Drives Variation in the U.S. Debt/Output Ratio? The Dogs that Didn't Bark

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Citation 8

What Drives Variation in the U.S. Debt/Output Ratio? The Dogs that Didn't Bark

Journal of Finance forthcoming
Number of pages: 66 Posted: 20 Sep 2021 Last Revised: 26 Oct 2023
Zhengyang Jiang, Hanno N. Lustig, Stijn Van Nieuwerburgh and Mindy Z. Xiaolan
Kellogg School of Management - Department of Finance, Stanford Graduate School of Business, Columbia University Graduate School of Business and University of Texas, Austin - Department of Finance
Downloads 995 (49,139)
Citation 5

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fiscal policy, bond pricing.

What Drives Variation in the U.S. Debt/Output Ratio? The Dogs that Didn't Bark

NBER Working Paper No. w29351
Number of pages: 46 Posted: 11 Oct 2021 Last Revised: 16 Apr 2023
Zhengyang Jiang, hlustig@stanford.edu Lustig, Stijn Van Nieuwerburgh and Mindy Z. Xiaolan
Kellogg School of Management - Department of Finance, Stanford University, Columbia University Graduate School of Business and University of Texas, Austin - Department of Finance
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Citation 3

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27.

Exorbitant Privilege Gained and Lost: Fiscal Implications

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Citation 3

Exorbitant Privilege Gained and Lost: Fiscal Implications

Number of pages: 86 Posted: 05 May 2022 Last Revised: 11 Dec 2024
Zefeng Chen, Zhengyang Jiang, Hanno N. Lustig, Stijn Van Nieuwerburgh and Mindy Z. Xiaolan
Peking University - Guanghua School of Management, Department of Finance, Kellogg School of Management - Department of Finance, Stanford Graduate School of Business, Columbia University Graduate School of Business and University of Texas, Austin - Department of Finance
Downloads 990 (49,565)
Citation 2

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bond pricing, fiscal policy, term structure, convenience yield, exorbitant privilege

Exorbitant Privilege Gained and Lost: Fiscal Implications

NBER Working Paper No. w30059
Number of pages: 56 Posted: 23 May 2022 Last Revised: 14 Apr 2023
Zefeng Chen, Zhengyang Jiang, hlustig@stanford.edu Lustig, Stijn Van Nieuwerburgh and Mindy Z. Xiaolan
Peking University - Guanghua School of Management, Department of Finance, Kellogg School of Management - Department of Finance, Stanford University, Columbia University Graduate School of Business and University of Texas, Austin - Department of Finance
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Exorbitant Privilege Gained and Lost: Fiscal Implications

CEPR Discussion Paper No. DP17340
Number of pages: 58 Posted: 23 Jun 2022
Zefeng Chen, Zhengyang Jiang, hlustig@stanford.edu Lustig, Stijn Van Nieuwerburgh and Mindy Z. Xiaolan
Peking University - Guanghua School of Management, Department of Finance, Kellogg School of Management - Department of Finance, Stanford University, Columbia University Graduate School of Business and University of Texas, Austin - Department of Finance
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Citation 1
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Fiscal policy

28.

Are Mutual Fund Managers Paid for Investment Skill?

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Citation 4

Are Mutual Fund Managers Paid for Investment Skill?

Swedish House of Finance Research Paper No. 17-9
Number of pages: 72 Posted: 10 Feb 2017 Last Revised: 02 Aug 2017
Markus Ibert, Ron Kaniel, Stijn Van Nieuwerburgh and Roine Vestman
Copenhagen Business School - Department of Finance, University of Rochester - Simon Business School, Columbia University Graduate School of Business and Stockholm University - Department of Economics
Downloads 921 (54,748)
Citation 1

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Portfolio Manager Compensation, Mutual Fund Performance, Wage Dynamics

Are Mutual Fund Managers Paid for Investment Skill?

NBER Working Paper No. w23373
Number of pages: 64 Posted: 01 May 2017 Last Revised: 14 May 2023
Markus Ibert, Ron Kaniel, Stijn Van Nieuwerburgh and Roine Vestman
Copenhagen Business School - Department of Finance, University of Rochester - Simon Business School, Columbia University Graduate School of Business and Stockholm University - Department of Economics
Downloads 60 (787,034)

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Are Mutual Fund Managers Paid for Investment Skill?

CEPR Discussion Paper No. DP12010
Number of pages: 66 Posted: 02 May 2017
Markus Ibert, Ron Kaniel, Stijn Van Nieuwerburgh and Roine Vestman
Copenhagen Business School - Department of Finance, University of Rochester - Simon Business School, Columbia University Graduate School of Business and Stockholm University - Department of Economics
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Citation 1
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financial sector income, mutual fund performance, Portfolio manager compensation

Are Mutual Fund Managers Paid for Investment Skill?

CEPR Discussion Paper No. DP12241
Number of pages: 75 Posted: 29 Aug 2017
Markus Ibert, Ron Kaniel, Stijn Van Nieuwerburgh and Roine Vestman
Copenhagen Business School - Department of Finance, University of Rochester - Simon Business School, Columbia University Graduate School of Business and Stockholm University - Department of Economics
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Citation 2
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financial sector income, mutual fund performance, Portfolio manager compensation

29.

The Sovereign-Bank Diabolic Loop and Esbies

Downloads 762 (71,887)
Citation 86

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 684 (81,417)
Citation 10

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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: 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 76 (690,382)
Citation 45

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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
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Citation 31
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bailout, bank default, diabolic loop, ESBies, government default, sovereign debt crisis

30.

Can the COVID Bailouts Save the Economy?

Downloads 755 (72,774)
Citation 30

Can the COVID Bailouts Save the Economy?

Jacobs Levy Equity Management Center for Quantitative Financial Research Paper
Number of pages: 60 Posted: 05 May 2020 Last Revised: 22 Feb 2021
Vadim Elenev, Tim Landvoigt and Stijn Van Nieuwerburgh
Johns Hopkins University, University of Pennsylvania - The Wharton School and Columbia University Graduate School of Business
Downloads 608 (94,752)
Citation 1

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COIVD-19, corporate bailout, credit crisis, financial intermediation, government debt

Can the Covid Bailouts Save the Economy?

NBER Working Paper No. w27207
Number of pages: 45 Posted: 26 May 2020 Last Revised: 12 Aug 2022
Vadim Elenev, Tim Landvoigt and Stijn Van Nieuwerburgh
Johns Hopkins University, University of Pennsylvania - The Wharton School and Columbia University Graduate School of Business
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Can the Covid Bailouts Save the Economy?

CEPR Discussion Paper No. DP14714
Number of pages: 44 Posted: 08 May 2020 Last Revised: 18 May 2020
Vadim Elenev, Tim Landvoigt and Stijn Van Nieuwerburgh
Johns Hopkins University, University of Pennsylvania - The Wharton School and Columbia University Graduate School of Business
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Citation 29
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bailout, COVID-19, credit crisis, Financial Intermediation

31.

Can Monetary Policy Create Fiscal Capacity?

Downloads 727 (76,457)
Citation 1

Can Monetary Policy Create Fiscal Capacity?

Number of pages: 78 Posted: 30 Aug 2021 Last Revised: 14 Oct 2022
Vadim Elenev, Tim Landvoigt, Patrick Shultz and Stijn Van Nieuwerburgh
Johns Hopkins University, University of Pennsylvania - The Wharton School, University of Pennsylvania - Finance Department and Columbia University Graduate School of Business
Downloads 505 (119,580)
Citation 1

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monetary policy, fiscal policy, public debt, quantitative easing, forward guidance, long-run risk

Can Monetary Policy Create Fiscal Capacity?

NBER Working Paper No. w29129
Number of pages: 72 Posted: 09 Aug 2021 Last Revised: 03 Feb 2023
Vadim Elenev, Tim Landvoigt, Patrick Shultz and Stijn Van Nieuwerburgh
Johns Hopkins University, University of Pennsylvania - The Wharton School, University of Pennsylvania - Finance Department and Columbia University Graduate School of Business
Downloads 220 (296,876)

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Can Monetary Policy Create Fiscal Capacity?

CEPR Discussion Paper No. DP16414
Number of pages: 74 Posted: 22 Sep 2021
Vadim Elenev, Tim Landvoigt, Patrick Shultz and Stijn Van Nieuwerburgh
Johns Hopkins University, University of Pennsylvania - The Wharton School, University of Pennsylvania - Finance Department and Columbia University Graduate School of Business
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Fiscal policy, forward guidance, Long-run risk, monetary policy, public debt, Quantitative easing

32.

Information Acquisition and Under-Diversification

Downloads 672 (84,501)
Citation 149

Information Acquisition and Under-Diversification

EFA 2005 Moscow Meetings
Number of pages: 36 Posted: 16 Nov 2004 Last Revised: 17 Mar 2008
Stijn Van Nieuwerburgh and Laura Veldkamp
Columbia University Graduate School of Business and Columbia University - Columbia Business School
Downloads 505 (119,580)
Citation 6

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Information choice, portfolio theory, learning, asymmetric information

Information Acquisition and Under-Diversification

NYU Working Paper No. 2451/26030
Number of pages: 36 Posted: 13 Oct 2008
Laura Veldkamp and Stijn Van Nieuwerburgh
Columbia University - Columbia Business School and Columbia University Graduate School of Business
Downloads 100 (580,892)
Citation 16

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Information Acquisition and Under-Diversification

NBER Working Paper No. w13904
Number of pages: 37 Posted: 21 Mar 2008 Last Revised: 30 Dec 2022
Stijn Van Nieuwerburgh and Laura Veldkamp
Columbia University Graduate School of Business and Columbia University - Columbia Business School
Downloads 67 (741,748)
Citation 127

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33.

Why Has House Price Dispersion Gone Up?

Downloads 669 (84,996)
Citation 21

Why Has House Price Dispersion Gone Up?

NYU Working Paper No. FIN-06-010
Number of pages: 75 Posted: 03 Nov 2008 Last Revised: 25 Feb 2009
Stijn Van Nieuwerburgh and Pierre-Olivier Weill
Columbia University Graduate School of Business and University of California, Los Angeles
Downloads 480 (127,139)

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Why Has House Price Dispersion Gone Up?

Number of pages: 53 Posted: 10 Aug 2006
Stijn Van Nieuwerburgh and Pierre-Olivier Weill
Columbia University Graduate School of Business and University of California, Los Angeles
Downloads 125 (489,332)

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house price, income inequality, supply regulation

Why Has House Price Dispersion Gone Up?

NBER Working Paper No. w12538
Number of pages: 76 Posted: 02 Oct 2006 Last Revised: 06 Oct 2022
Stijn Van Nieuwerburgh and Pierre-Olivier Weill
Columbia University Graduate School of Business and University of California, Los Angeles
Downloads 64 (760,435)
Citation 21

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34.

Financial Fragility with SAM?

Journal of Finance, Forthcoming, MIT Sloan Research Paper No. 5261-17
Number of pages: 77 Posted: 15 Nov 2017 Last Revised: 11 Nov 2020
Daniel Greenwald, Tim Landvoigt and Stijn Van Nieuwerburgh
Massachusetts Institute of Technology (MIT) - Sloan School of Management, University of Pennsylvania - The Wharton School and Columbia University Graduate School of Business
Downloads 650 (88,183)
Citation 20

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mortgage design, financial intermediation, housing policy

35.

Reconciling the Return Predictability Evidence

Downloads 597 (98,283)
Citation 84

Reconciling the Return Predictability Evidence

AFA 2007 Chicago Meetings Paper
Number of pages: 50 Posted: 03 Mar 2006
Stijn Van Nieuwerburgh and Martin Lettau
Columbia University Graduate School of Business and University of California - Haas School of Business
Downloads 368 (173,371)
Citation 1

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return predictability, structural breaks

Reconciling the Return Predictability Evidence

NYU Working Paper No. FIN-06-013
Number of pages: 52 Posted: 03 Nov 2008
Martin Lettau and Stijn Van Nieuwerburgh
University of California - Haas School of Business and Columbia University Graduate School of Business
Downloads 151 (418,908)

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Reconciling the Return Predictability Evidence

NBER Working Paper No. w12109
Number of pages: 51 Posted: 14 May 2006 Last Revised: 04 Aug 2022
Martin Lettau and Stijn Van Nieuwerburgh
University of California - Haas School of Business and Columbia University Graduate School of Business
Downloads 78 (680,070)
Citation 83

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Reconciling the Return Predictability Evidence

The Review of Financial Studies, Vol. 21, Issue 4, pp. 1607-1652, 2008
Posted: 08 Aug 2008
Martin Lettau and Stijn Van Nieuwerburgh
University of California - Haas School of Business and Columbia University Graduate School of Business

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12, 14

36.

Why are REITS Currently so Expensive?

Downloads 595 (98,702)

Why are REITS Currently so Expensive?

Number of pages: 53 Posted: 29 Apr 2017 Last Revised: 31 Aug 2017
Stijn Van Nieuwerburgh
Columbia University Graduate School of Business
Downloads 593 (97,807)

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commercial property, REITS, real estate risk and return, real estate bubble

Why are REITs Currently so Expensive?

CEPR Discussion Paper No. DP12281
Number of pages: 56 Posted: 11 Sep 2017
Stijn Van Nieuwerburgh
Columbia University Graduate School of Business
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commercial property, real estate bubble, real estate risk and return, real estate valuation, REITS

37.

What Determines the Government’s Funding Costs when r=g? Unpleasant Fiscal Asset Pricing Arithmetic

Number of pages: 9 Posted: 29 Mar 2021 Last Revised: 21 Apr 2021
Zhengyang Jiang, Hanno N. Lustig, Stijn Van Nieuwerburgh and Mindy Z. Xiaolan
Kellogg School of Management - Department of Finance, Stanford Graduate School of Business, Columbia University Graduate School of Business and University of Texas, Austin - Department of Finance
Downloads 594 (98,913)

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MMT, Fiscal Theory of the Price Level

38.

The Remote Work Revolution: Impact on Real Estate Values and the Urban Environment

Downloads 591 (99,574)
Citation 1

The Remote Work Revolution: Impact on Real Estate Values and the Urban Environment

Van Nieuwerburgh, Stijn, The Remote Work Revolution: Impact on Real Estate Values and the Urban Environment. Real Estate Economics, Forthcoming
Number of pages: 53 Posted: 30 Dec 2022
Stijn Van Nieuwerburgh
Columbia University Graduate School of Business
Downloads 557 (105,888)

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remote work, real estate, office, house prices, migration, local public finance, transportation, telework, homeoworking

The Remote Work Revolution: Impact on Real Estate Values and the Urban Environment

NBER Working Paper No. w30662
Number of pages: 53 Posted: 22 Nov 2022 Last Revised: 14 Apr 2023
Stijn Van Nieuwerburgh
Columbia University Graduate School of Business
Downloads 34 (1,016,556)
Citation 1

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39.

The Joy of Giving or Assisted Living? Using Strategic Surveys to Separate Public Care Aversion from Bequest Motives

Downloads 571 (104,036)
Citation 71

The Joy of Giving or Assisted Living? Using Strategic Surveys to Separate Public Care Aversion from Bequest Motives

Journal of Finance, Forthcoming
Number of pages: 50 Posted: 27 Apr 2007 Last Revised: 08 Jun 2010
John Ameriks, Andrew Caplin, Steven Laufer and Stijn Van Nieuwerburgh
The Vanguard Group, Inc., New York University (NYU) - Department of Economics, Board of Governors of the Federal Reserve System and Columbia University Graduate School of Business
Downloads 513 (117,384)
Citation 68

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public care aversion, annuity puzzle, bequest, long-term care, survey methodology, household finance

The Joy of Giving or Assisted Living? Using Strategic Surveys to Separate Bequest and Precautionary Motives

NBER Working Paper No. w13105
Number of pages: 58 Posted: 27 Jun 2007 Last Revised: 24 Apr 2022
John Ameriks, Andrew Caplin, Steven Laufer and Stijn Van Nieuwerburgh
The Vanguard Group, Inc., New York University (NYU) - Department of Economics, Board of Governors of the Federal Reserve System and Columbia University Graduate School of Business
Downloads 58 (801,103)
Citation 3

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40.

Real and Private-Value Assets

Downloads 566 (105,126)
Citation 26

Real and Private-Value Assets

HEC Paris Research Paper No. FIN-2021-1421, Columbia Business School Research Paper Forthcoming
Number of pages: 37 Posted: 12 Mar 2021 Last Revised: 23 Aug 2021
William N. Goetzmann, Christophe Spaenjers and Stijn Van Nieuwerburgh
Yale School of Management - International Center for Finance, University of Colorado Boulder - Leeds School of Business and Columbia University Graduate School of Business
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real estate, infrastructure, collectibles, entrepreneurship, sustainable investing

Real and Private-Value Assets

NBER Working Paper No. w28580
Number of pages: 38 Posted: 22 Mar 2021 Last Revised: 03 Feb 2023
William N. Goetzmann, Christophe Spaenjers and Stijn Van Nieuwerburgh
Yale School of Management - International Center for Finance, University of Colorado Boulder - Leeds School of Business and Columbia University Graduate School of Business
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Real and Private Value Assets

CEPR Discussion Paper No. DP16083
Number of pages: 40 Posted: 14 May 2021
William N. Goetzmann, Christophe Spaenjers and Stijn Van Nieuwerburgh
Yale School of Management - International Center for Finance, University of Colorado Boulder - Leeds School of Business and Columbia University Graduate School of Business
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Citation 26
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41.

Converting Brown Offices to Green Apartments

Number of pages: 45 Posted: 16 Jun 2023 Last Revised: 01 Nov 2023
Arpit Gupta, Candy Martinez and Stijn Van Nieuwerburgh
NYU Stern School of Business, Columbia University - Columbia Business School and Columbia University Graduate School of Business
Downloads 563 (105,863)

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remote work, office conversion, adaptive reuse, climate change, greenhouse gas emissions

42.

Phasing Out the GSEs

Journal of Monetary Economics, Forthcoming
Number of pages: 69 Posted: 02 Apr 2015 Last Revised: 18 Mar 2016
Vadim Elenev, Tim Landvoigt and Stijn Van Nieuwerburgh
Johns Hopkins University, University of Pennsylvania - The Wharton School and Columbia University Graduate School of Business
Downloads 557 (107,286)
Citation 1

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financial intermediation, housing policy, government bailouts

43.

Take the Q Train: Value Capture of Public Infrastructure Projects

Downloads 545 (110,279)
Citation 5

Take the Q Train: Value Capture of Public Infrastructure Projects

NYU Stern School of Business
Number of pages: 64 Posted: 18 Oct 2019 Last Revised: 04 Jun 2021
Arpit Gupta, Stijn Van Nieuwerburgh and Constantine Kontokosta
NYU Stern School of Business, Columbia University Graduate School of Business and New York University (NYU) - Marron Institute of Urban Management
Downloads 484 (125,900)
Citation 4

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Public Finance, Land Value Taxation, Urban Development, Value Capture

Take the Q Train: Value Capture of Public Infrastructure Projects

NBER Working Paper No. w26789
Number of pages: 51 Posted: 02 Mar 2020 Last Revised: 17 May 2023
Arpit Gupta, Stijn Van Nieuwerburgh and Constantine E. Kontokosta
NYU Stern School of Business, Columbia University Graduate School of Business and New York University - Center for Urban Science and Progress
Downloads 61 (780,232)
Citation 1

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44.

Measuring U.S. Fiscal Capacity using Discounted Cash Flow Analysis

Downloads 524 (115,806)

Measuring U.S. Fiscal Capacity using Discounted Cash Flow Analysis

Number of pages: 25 Posted: 06 Apr 2022
Zhengyang Jiang, Hanno N. Lustig, Stijn Van Nieuwerburgh and Mindy Z. Xiaolan
Kellogg School of Management - Department of Finance, Stanford Graduate School of Business, Columbia University Graduate School of Business and University of Texas, Austin - Department of Finance
Downloads 497 (121,932)

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fiscal capacity, deficit projections, convenience yields

Measuring U.S. Fiscal Capacity Using Discounted Cash Flow Analysis

NBER Working Paper No. w29902
Number of pages: 26 Posted: 18 Apr 2022 Last Revised: 14 Apr 2023
Zhengyang Jiang, hlustig@stanford.edu Lustig, Stijn Van Nieuwerburgh and Mindy Z. Xiaolan
Kellogg School of Management - Department of Finance, Stanford University, Columbia University Graduate School of Business and University of Texas, Austin - Department of Finance
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Measuring U.S. Fiscal Capacity Using Discounted Cash Flow Analysis

CEPR Discussion Paper No. DP17341
Number of pages: 28 Posted: 23 Jun 2022
Zhengyang Jiang, hlustig@stanford.edu Lustig, Stijn Van Nieuwerburgh and Mindy Z. Xiaolan
Kellogg School of Management - Department of Finance, Stanford University, Columbia University Graduate School of Business and University of Texas, Austin - Department of Finance
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fiscal capacity, Fiscal policy

45.

Manufacturing Risk-free Government Debt

Downloads 523 (116,075)
Citation 13

Manufacturing Risk-free Government Debt

Number of pages: 65 Posted: 08 Jul 2020 Last Revised: 10 Jan 2025
Zhengyang Jiang, Hanno N. Lustig, Stijn Van Nieuwerburgh and Mindy Z. Xiaolan
Kellogg School of Management - Department of Finance, Stanford Graduate School of Business, Columbia University Graduate School of Business and University of Texas, Austin - Department of Finance
Downloads 421 (148,846)

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fiscal policy, bond pricing, disaster risk, convenience yields

Manufacturing Risk-Free Government Debt

CESifo Working Paper No. 8902
Number of pages: 68 Posted: 03 Mar 2021
Zhengyang Jiang, Hanno Lustig, Stijn Van Nieuwerburgh and Mindy Z. Xiaolan
Kellogg School of Management - Department of Finance, Stanford University, Columbia University Graduate School of Business and University of Texas, Austin - Department of Finance
Downloads 71 (717,938)
Citation 3

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Manufacturing Risk-Free Government Debt

NBER Working Paper No. w27786
Number of pages: 66 Posted: 11 Sep 2020 Last Revised: 04 Jun 2023
Zhengyang Jiang, hlustig@stanford.edu Lustig, Stijn Van Nieuwerburgh and Mindy Z. Xiaolan
Kellogg School of Management - Department of Finance, Stanford University, Columbia University Graduate School of Business and University of Texas, Austin - Department of Finance
Downloads 31 (1,050,295)
Citation 2

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Manufacturing Risk-Free Government Debt

CEPR Discussion Paper No. DP16304
Number of pages: 68 Posted: 14 Jul 2021
Zhengyang Jiang, hlustig@stanford.edu Lustig, Stijn Van Nieuwerburgh and Mindy Z. Xiaolan
Kellogg School of Management - Department of Finance, Stanford University, Columbia University Graduate School of Business and University of Texas, Austin - Department of Finance
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Citation 8
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46.

Technological Change and the Growing Inequality in Managerial Compensation

Downloads 488 (126,296)
Citation 34

Technological Change and the Growing Inequality in Managerial Compensation

Journal of Financial Economics (JFE), Vol. 99, No. 3, 2011, NYU Working Paper No. FIN-08-044
Number of pages: 45 Posted: 09 Mar 2009 Last Revised: 01 Oct 2015
Hanno N. Lustig, Chad Syverson and Stijn Van Nieuwerburgh
Stanford Graduate School of Business, University of Chicago - Booth School of Business and Columbia University Graduate School of Business
Downloads 431 (144,744)
Citation 7

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Technological Change and the Growing Inequality in Managerial Compensation

NBER Working Paper No. w14661
Number of pages: 57 Posted: 25 Jan 2009 Last Revised: 23 Jan 2022
Hanno N. Lustig, Chad Syverson and Stijn Van Nieuwerburgh
Stanford Graduate School of Business, University of Chicago - Booth School of Business and Columbia University Graduate School of Business
Downloads 57 (808,171)
Citation 27

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47.

An Alpha in Affordable Housing?

Downloads 443 (141,802)

An Alpha in Affordable Housing?

Number of pages: 87 Posted: 19 Feb 2025 Last Revised: 13 Mar 2025
Sven Damen, Matthijs Korevaar and Stijn Van Nieuwerburgh
University of Antwerp, Erasmus School of Economics and Columbia University Graduate School of Business
Downloads 434 (143,580)

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affordable housing, rental market, risk and return in housing, market segmentation

An Alpha in Affordable Housing?

NBER Working Paper No. w33470
Number of pages: 79 Posted: 18 Feb 2025
Sven Damen, Matthijs Korevaar and Stijn Van Nieuwerburgh
University of Antwerp, Erasmus School of Economics and Columbia University Graduate School of Business
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48.

Housing, Finance and the Macroeconomy

Downloads 418 (151,687)
Citation 16

Housing, Finance and the Macroeconomy

Handbook of Regional Economics, Forthcoming
Number of pages: 77 Posted: 02 Jul 2014
Morris A. Davis and Stijn Van Nieuwerburgh
Rutgers Business School and Columbia University Graduate School of Business
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housing, macroeconomics, asset pricing, review

Housing, Finance and the Macroeconomy

NBER Working Paper No. w20287
Number of pages: 77 Posted: 24 Jul 2014 Last Revised: 08 Jun 2023
Morris A. Davis and Stijn Van Nieuwerburgh
Rutgers Business School and Columbia University Graduate School of Business
Downloads 65 (754,044)
Citation 16

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49.

Stock Market Development and Economic Growth in Belgium

NYU Working Paper No. FIN-05-024
Number of pages: 36 Posted: 03 Nov 2008
Stijn Van Nieuwerburgh, Frans Buelens and Ludo Cuyvers
Columbia University Graduate School of Business, University of Antwerp and affiliation not provided to SSRN
Downloads 397 (160,799)
Citation 8

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50.

Housing Collateral, Consumption Insurance and Risk Premia: An Empirical Perspective

Downloads 384 (166,882)
Citation 90

Housing Collateral, Consumption Insurance and Risk Premia: An Empirical Perspective

EFA 2004 Maastricht Meetings Paper No. 1403, Journal of Finance, Vol. 60, No. 3, 2005
Number of pages: 56 Posted: 23 Jun 2004 Last Revised: 27 Aug 2012
Hanno N. Lustig and Stijn Van Nieuwerburgh
Stanford Graduate School of Business and Columbia University Graduate School of Business
Downloads 243 (269,235)
Citation 33

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Asset Pricing, Risk Sharing

Housing Collateral, Consumption Insurance and Risk Premia: An Empirical Perspective

NYU Working Paper No. S-MF-04-02
Number of pages: 58 Posted: 12 Nov 2008
Hanno N. Lustig and Stijn Van Nieuwerburgh
Stanford Graduate School of Business and Columbia University Graduate School of Business
Downloads 62 (773,541)
Citation 57

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Asset Pricing, Risk Sharing

Housing Collateral, Consumption Insurance and Risk Premia: An Empirical Perspective

NYU Working Paper No. S-MF-03-12
Number of pages: 55 Posted: 12 Nov 2008
Stijn Van Nieuwerburgh
Columbia University Graduate School of Business
Downloads 45 (906,130)

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Housing Collateral, Consumption Insurance and Risk Premia: An Empirical Perspective

NYU Working Paper No. FIN-03-024
Number of pages: 56 Posted: 11 Nov 2008
Stijn Van Nieuwerburgh
Columbia University Graduate School of Business
Downloads 34 (1,016,556)

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51.

A Theory of Housing Collateral, Consumption Insurance and Risk Premia

Downloads 371 (173,406)

A Theory of Housing Collateral, Consumption Insurance and Risk Premia

Number of pages: 65 Posted: 16 Nov 2004
Hanno N. Lustig and Stijn Van Nieuwerburgh
Stanford Graduate School of Business and Columbia University Graduate School of Business
Downloads 148 (425,908)

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Housing collateral, risk sharing, risk premia

A Theory of Housing Collateral, Consumption Insurance and Risk Premia

NYU Working Paper No. S-MF-04-11
Number of pages: 70 Posted: 12 Nov 2008
Hanno N. Lustig and Stijn Van Nieuwerburgh
Stanford Graduate School of Business and Columbia University Graduate School of Business
Downloads 96 (597,228)

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A Theory of Housing Collateral, Consumption Insurance and Risk Premia

NBER Working Paper No. w10955
Number of pages: 62 Posted: 25 May 2006 Last Revised: 09 Dec 2022
Hanno N. Lustig and Stijn Van Nieuwerburgh
Stanford Graduate School of Business and Columbia University Graduate School of Business
Downloads 74 (701,130)

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A Theory of Housing Collateral, Consumption Insurance and Risk Premia

NYU Working Paper No. FIN-04-010
Number of pages: 65 Posted: 03 Nov 2008
Hanno N. Lustig and Stijn Van Nieuwerburgh
Stanford Graduate School of Business and Columbia University Graduate School of Business
Downloads 53 (838,548)

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52.

The Commercial Real Estate Ecosystem

Number of pages: 70 Posted: 24 Feb 2025 Last Revised: 09 Apr 2025
Ralph S. J. Koijen, Neel Shah and Stijn Van Nieuwerburgh
University of Chicago - Booth School of Business, Columbia University - Columbia Business School and Columbia University Graduate School of Business
Downloads 346 (187,286)

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53.

Aggregate Lapsation Risk

Downloads 341 (190,249)
Citation 7

Aggregate Lapsation Risk

Journal of Financial Economics (JFE), Forthcoming
Number of pages: 67 Posted: 27 Jun 2022 Last Revised: 26 Oct 2023
Ralph S. J. Koijen, Hae Kang Lee and Stijn Van Nieuwerburgh
University of Chicago - Booth School of Business, Korea University Business School and Columbia University Graduate School of Business
Downloads 314 (206,252)
Citation 4

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lapsation, insurance, business cycles, hedging

Aggregate Lapsation Risk

NBER Working Paper No. w30187
Number of pages: 62 Posted: 27 Jun 2022 Last Revised: 14 Apr 2023
Ralph S. J. Koijen, Hae Kang Lee and Stijn Van Nieuwerburgh
University of Chicago - Booth School of Business, Korea University Business School and Columbia University Graduate School of Business
Downloads 27 (1,098,626)
Citation 3

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54.

Monetary Policy in an Equilibrium Portfolio Balance Model

Downloads 332 (189,644)

Monetary Policy in an Equilibrium Portfolio Balance Model

IMF Working Paper No. 07/72
Number of pages: 33 Posted: 12 Apr 2007
Michael Kumhof and Stijn Van Nieuwerburgh
CEPR and Columbia University Graduate School of Business
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Monetary Policy in an Equilibrium Portfolio Balance Model

NYU Working Paper No. FIN-11-055
Posted: 13 Jan 2012
Michael Kumhof and Stijn Van Nieuwerburgh
CEPR and Columbia University Graduate School of Business

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55.

Quantifying U.S. Treasury Investor Optimism

Columbia Business School Research Paper Forthcoming
Number of pages: 29 Posted: 01 Mar 2021 Last Revised: 14 Jun 2021
Zhengyang Jiang, Hanno Lustig, Stijn Van Nieuwerburgh and Mindy Z. Xiaolan
Kellogg School of Management - Department of Finance, Stanford University, Columbia University Graduate School of Business and University of Texas, Austin - Department of Finance
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fiscal policy, debt sustainability, term structure, convenience yield

56.

Understanding Rationality and Disagreement in House Price Expectations

Downloads 311 (210,110)

Understanding Rationality and Disagreement in House Price Expectations

Number of pages: 80 Posted: 27 Jul 2023 Last Revised: 05 Feb 2025
Zigang Li, Stijn Van Nieuwerburgh and Wang Renxuan
University of Toronto - Rotman School of Management, Columbia University Graduate School of Business and CEIBS
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JEL: C32, D84, G41, R32

Understanding Rationality and Disagreement in House Price Expectations

NBER Working Paper No. w31516
Number of pages: 64 Posted: 31 Jul 2023
Zigang Li, Stijn Van Nieuwerburgh and Wang Renxuan
University of Toronto - Rotman School of Management, Columbia University Graduate School of Business and CEIBS
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57.

Judging the Quality of Survey Data by Comparison with 'Truth' as Measured by Administrative Records: Evidence from Sweden

Chapter in NBER Book Improving the Measurement of Consumer Expenditures, Christopher Carroll, Thomas Crossley, John Sabelhaus, eds., Forthcoming, NBER Book Series Studies in Income and Wealth, University of Chicago Press, Forthcoming
Number of pages: 36 Posted: 22 Feb 2012 Last Revised: 26 Jan 2014
Ralph S. J. Koijen, Stijn Van Nieuwerburgh and Roine Vestman
University of Chicago - Booth School of Business, Columbia University Graduate School of Business and Stockholm University - Department of Economics
Downloads 311 (210,110)
Citation 12

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Consumption measurement, consumption inequality, measurement error, surveys, household finance

58.

Dynamic Urban Economics

Downloads 310 (210,887)

Dynamic Urban Economics

Number of pages: 70 Posted: 17 Jul 2024 Last Revised: 17 Feb 2025
Brian Greaney, Andrii Parkhomenko and Stijn Van Nieuwerburgh
University of Washington, University of Southern California - Marshall School of Business and Columbia University Graduate School of Business
Downloads 302 (215,209)

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urban, dynamics, spatial equilibrium, tenure choice, life cycle, house prices

Dynamic Urban Economics

NBER Working Paper No. w33512
Number of pages: 71 Posted: 25 Feb 2025
Brian Greaney, Andrii Parkhomenko and Stijn Van Nieuwerburgh
University of Washington, University of Southern California and Columbia University Graduate School of Business
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59.

ESBies: Safety in the Tranches

Downloads 292 (224,788)
Citation 19

ESBies: Safety in the Tranches

CFS Working Paper, No. 537
Number of pages: 55 Posted: 06 Oct 2016 Last Revised: 11 Jan 2018
Markus K. Brunnermeier, Sam Langfield, Marco Pagano, Ricardo Reis, Stijn Van Nieuwerburgh and Dimitri Vayanos
Princeton University - Department of Economics, European Central Bank, CSEF - University of Naples Federico II - Centre for Studies in Economics and Finance (CSEF), London School of Economics & Political Science (LSE), Columbia University Graduate School of Business and London School of Economics
Downloads 146 (430,747)
Citation 17

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ESBies: Safety in the Tranches

Prepared for the 64th Panel Meeting of Economic Policy, 14-15 October 2016
Number of pages: 52 Posted: 21 Sep 2016
Markus K. Brunnermeier, Sam Langfield, Marco Pagano, Ricardo Reis, Stijn Van Nieuwerburgh and Dimitri Vayanos
Princeton University - Department of Economics, European Central Bank, CSEF - University of Naples Federico II - Centre for Studies in Economics and Finance (CSEF), London School of Economics & Political Science (LSE), Columbia University Graduate School of Business and London School of Economics
Downloads 144 (435,679)
Citation 2

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ESBies, safe assets, sovereign debt, default, sovereign exposures, diabolic loop, tranching, pooling

ESBies: Safety in the Tranches

CEPR Discussion Paper No. DP11537
Number of pages: 55 Posted: 03 Oct 2016
Markus K. Brunnermeier, Sam Langfield, Marco Pagano, Ricardo Reis, Stijn Van Nieuwerburgh and Dimitri Vayanos
Princeton University - Department of Economics, European Central Bank, CSEF - University of Naples Federico II - Centre for Studies in Economics and Finance (CSEF), London School of Economics & Political Science (LSE), Columbia University Graduate School of Business and London School of Economics
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bank-sovereign loop, ESBies, Euro crisis, monetary policy, public debt issuance, safe assets

60.

Reconciling the Return Predictability Evidence In-Sample Forecasts, Out-of-Sample Forecasts, and Parameter Instability

Downloads 277 (237,436)
Citation 21

Reconciling the Return Predictability Evidence In-Sample Forecasts, Out-of-Sample Forecasts, and Parameter Instability

NYU Working Paper No. 2451/31432
Number of pages: 55 Posted: 13 Jan 2012
Martin Lettau and Stijn Van Nieuwerburgh
University of California - Haas School of Business and Columbia University Graduate School of Business
Downloads 136 (456,631)

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Reconciling the Return Predictability Evidence In-Sample Forecasts, Out-of-Sample Forecasts, and Parameter Instability

NYU Working Paper No. 2451/31432
Number of pages: 55 Posted: 03 Nov 2008
Martin Lettau and Stijn Van Nieuwerburgh
University of California - Haas School of Business and Columbia University Graduate School of Business
Downloads 71 (717,938)

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Reconciling the Return Predictability Evidence In-Sample Forecasts, Out-of-Sample Forecasts, and Parameter Instability

NYU Working Paper No. 2451/31432
Number of pages: 55 Posted: 03 Nov 2008
Martin Lettau and Stijn Van Nieuwerburgh
University of California - Haas School of Business and Columbia University Graduate School of Business
Downloads 44 (915,334)

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Reconciling the Return Predictability Evidence: In-Sample Forecasts, Out-of-Sample Forecasts, and Parameter Instability

CEPR Discussion Paper No. 5355
Number of pages: 57 Posted: 23 Jan 2006
Stijn Van Nieuwerburgh and Martin Lettau
Columbia University Graduate School of Business and University of California - Haas School of Business
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Citation 21
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Predictibility, Stock returns, dividend price ratio, price ratios, out-of-sample test

61.

Foreign Ownership of U.S. Safe Assets: Good or Bad?

Downloads 263 (250,245)

Foreign Ownership of U.S. Safe Assets: Good or Bad?

NYU Working Paper No. 2451/31435
Number of pages: 70 Posted: 13 Jan 2012 Last Revised: 10 Feb 2014
Jack Y Favilukis, Sydney C. Ludvigson and Stijn Van Nieuwerburgh
University of British Columbia (UBC) - Division of Finance, New York University - Department of Economics and Columbia University Graduate School of Business
Downloads 224 (291,716)

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international capital flows, international risk sharing, foreign purchases of safe assets

Foreign Ownership of U.S. Safe Assets: Good or Bad?

NBER Working Paper No. w19917
Number of pages: 62 Posted: 24 Feb 2014 Last Revised: 04 Jun 2023
Jack Y Favilukis, Sydney C. Ludvigson and Stijn Van Nieuwerburgh
University of British Columbia (UBC) - Division of Finance, New York University - Department of Economics and Columbia University Graduate School of Business
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62.

How Much Does Household Collateral Constrain Regional Risk Sharing?

Downloads 237 (277,609)
Citation 7

How Much Does Household Collateral Constrain Regional Risk Sharing?

Review of Economic Dynamics, Vol. 13, No. 2, 2010
Number of pages: 52 Posted: 09 Jul 2008 Last Revised: 27 Aug 2012
Hanno N. Lustig and Stijn Van Nieuwerburgh
Stanford Graduate School of Business and Columbia University Graduate School of Business
Downloads 116 (518,995)
Citation 1

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Risk Sharing, Collateral, Real Estate

How Much Does Household Collateral Constrain Regional Risk Sharing?

NBER Working Paper No. w10505
Number of pages: 53 Posted: 01 Jun 2004 Last Revised: 16 Sep 2022
Hanno N. Lustig and Stijn Van Nieuwerburgh
Stanford Graduate School of Business and Columbia University Graduate School of Business
Downloads 65 (754,044)
Citation 6

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How Much Does Household Collateral Constrain Regional Risk Sharing?

NYU Working Paper No. FIN-04-009
Number of pages: 52 Posted: 03 Nov 2008 Last Revised: 16 Oct 2009
Hanno N. Lustig and Stijn Van Nieuwerburgh
Stanford Graduate School of Business and Columbia University Graduate School of Business
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Regional risk sharing, housing collateral

63.

Rent Guarantee Insurance *

Downloads 232 (283,555)

Rent Guarantee Insurance *

Number of pages: 65 Posted: 02 Apr 2024 Last Revised: 05 Aug 2024
Boaz Abramson and Stijn Van Nieuwerburgh
Columbia University - Columbia Business School and Columbia University Graduate School of Business
Downloads 223 (293,016)

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D15, D31, D52, D58, E21, G22, G52, H71, R28 housing insecurity, eviction, risk sharing, rent guarantee insurance, security deposit

Rent Guarantee Insurance

NBER Working Paper No. w32582
Number of pages: 65 Posted: 18 Jun 2024
Boaz Abramson and Stijn Van Nieuwerburgh
Columbia University - Columbia Business School and Columbia University Graduate School of Business
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64.

Information Acquisition and Portfolio Under-Diversi¯Cation

NYU Working Paper No. FIN-04-025
Number of pages: 39 Posted: 03 Nov 2008
Stijn Van Nieuwerburgh and Laura Veldkamp
Columbia University Graduate School of Business and Columbia University - Columbia Business School
Downloads 197 (331,100)
Citation 6

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65.

Learning Asymmetries in Real Business Cycles

Downloads 183 (354,440)
Citation 24

Learning Asymmetries in Real Business Cycles

NYU Working Paper No. S-MF-03-08
Number of pages: 37 Posted: 12 Nov 2008
Stijn Van Nieuwerburgh and Laura Veldkamp
Columbia University Graduate School of Business and Columbia University - Columbia Business School
Downloads 112 (533,299)
Citation 13

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Learning Asymmetries in Real Business Cycles

NYU Working Paper No. FIN-05-025
Number of pages: 37 Posted: 03 Nov 2008
Stijn Van Nieuwerburgh and Laura Veldkamp
Columbia University Graduate School of Business and Columbia University - Columbia Business School
Downloads 71 (717,938)
Citation 11

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66.

Reconciling the Return Predictability Evidence In-Sample Forecasts, Out-of-Sample Forecasts, and Parameter Instability*

8th Annual Texas Finance Festival
Number of pages: 55 Posted: 08 Apr 2006
Stijn Van Nieuwerburgh and Martin Lettau
Columbia University Graduate School of Business and University of California - Haas School of Business
Downloads 155 (409,603)
Citation 1

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67.

The Returns on Human Capital: Good News on Wall Street is Bad News on Main Street

Downloads 154 (411,842)
Citation 10

The Returns on Human Capital: Good News on Wall Street is Bad News on Main Street

Review of Financial Studies (2008), 21(5), NYU Working Paper No. FIN-05-023
Number of pages: 63 Posted: 03 Nov 2008 Last Revised: 27 Aug 2012
Hanno N. Lustig and Stijn Van Nieuwerburgh
Stanford Graduate School of Business and Columbia University Graduate School of Business
Downloads 89 (627,192)

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The Returns on Human Capital: Good News on Wall Street is Bad News on Main Street

NBER Working Paper No. w11564
Number of pages: 64 Posted: 05 Oct 2005 Last Revised: 06 Feb 2022
Hanno N. Lustig and Stijn Van Nieuwerburgh
Stanford Graduate School of Business and Columbia University Graduate School of Business
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Citation 10

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The Returns on Human Capital: Good News on Wall Street is Bad News on Main Street

The Review of Financial Studies, Vol. 21, Issue 5, pp. 2097-2137, 2008
Posted: 19 Sep 2008
Hanno N. Lustig and Stijn Van Nieuwerburgh
Stanford Graduate School of Business and Columbia University Graduate School of Business

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G12, G14, G33

68.

Information Acquisition and Portfolio Under-Diversification

NYU Working Paper No. SC-AM-05-08
Number of pages: 37 Posted: 03 Nov 2008
Stijn Van Nieuwerburgh and Laura Veldkamp
Columbia University Graduate School of Business and Columbia University - Columbia Business School
Downloads 139 (447,529)
Citation 22

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69.

A Fiscal Theory of the Currency Risk Premium and of Sterilized Intervention

Downloads 124 (445,043)

A Fiscal Theory of the Currency Risk Premium and of Sterilized Intervention

IMF Working Paper No. 02/29
Number of pages: 44 Posted: 29 Jan 2006
Michael Kumhof and Stijn Van Nieuwerburgh
CEPR and Columbia University Graduate School of Business
Downloads 124 (492,472)

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Sterilized intervention, fiscal non-neutrality, currency risk premium, portfolio balance theory

A Fiscal Theory of the Currency Risk Premium and of Sterilized Intervention

NYU Working Paper No. FIN-11-058
Posted: 13 Jan 2012
Michael Kumhof and Stijn Van Nieuwerburgh
CEPR and Columbia University Graduate School of Business

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70.

Housing Collateral and Consumption Insurance Across Us Regions

NYU Working Paper No. S-MF-04-10
Number of pages: 47 Posted: 12 Nov 2008
Hanno N. Lustig and Stijn Van Nieuwerburgh
Stanford Graduate School of Business and Columbia University Graduate School of Business
Downloads 109 (540,485)

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71.

Valuing Private Equity Strip by Strip

Downloads 83 (646,950)
Citation 7

Valuing Private Equity Strip by Strip

NBER Working Paper No. w26514
Number of pages: 86 Posted: 03 Dec 2019 Last Revised: 12 Jun 2023
Arpit Gupta and Stijn Van Nieuwerburgh
NYU Stern School of Business and Columbia University Graduate School of Business
Downloads 82 (660,035)
Citation 1

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Valuing Private Equity Strip by Strip

CEPR Discussion Paper No. DP14241
Number of pages: 88 Posted: 14 Jan 2020
Arpit Gupta and Stijn Van Nieuwerburgh
NYU Stern School of Business and Columbia University Graduate School of Business
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Citation 6
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affine asset pricing models, Buyout, cross-section of returns, infrastructure, Natural resources, private equity, real estate, temporal pricing of risk, Valuation, venture capital

72.

ESBies: Safety in the Tranches

ESRB: Working Paper Series No. 2016/21
Number of pages: 54 Posted: 05 Nov 2020
Markus K. Brunnermeier, Sam Langfield, Marco Pagano, Ricardo Reis, Stijn Van Nieuwerburgh and Dimitri Vayanos
Princeton University - Department of Economics, European Central Bank, CSEF - University of Naples Federico II - Centre for Studies in Economics and Finance (CSEF), London School of Economics & Political Science (LSE), Columbia University Graduate School of Business and London School of Economics
Downloads 76 (680,534)
Citation 29

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European Safe Bonds, safe assets, sovereign risk

73.

Can Housing Collateral Explain Long-Run Swings in Asset Returns?

Downloads 65 (642,340)

Can Housing Collateral Explain Long-Run Swings in Asset Returns?

NBER Working Paper No. w12766
Number of pages: 47 Posted: 22 Dec 2006 Last Revised: 20 Nov 2022
Hanno N. Lustig and Stijn Van Nieuwerburgh
Stanford Graduate School of Business and Columbia University Graduate School of Business
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Can Housing Collateral Explain Long-Run Swings in Asset Returns?

NYU Working Paper No. FIN-11-059
Posted: 13 Jan 2012
Hanno N. Lustig and Stijn Van Nieuwerburgh
Stanford Graduate School of Business and Columbia University Graduate School of Business

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74.

Housing Collateral, Consumption Insurance and Risk Premia: An Empirical Perpective

NBER Working Paper No. w9959
Number of pages: 56 Posted: 06 Oct 2005 Last Revised: 20 Mar 2022
Hanno N. Lustig and Stijn Van Nieuwerburgh
Stanford Graduate School of Business and Columbia University Graduate School of Business
Downloads 62 (759,492)
Citation 3

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75.

International Capital Flows and House Prices: Theory and Evidence

NBER Working Paper No. w17751
Number of pages: 64 Posted: 14 Jan 2012 Last Revised: 03 Jul 2023
Jack Y Favilukis, David Kohn, Sydney C. Ludvigson and Stijn Van Nieuwerburgh
University of British Columbia (UBC) - Division of Finance, Instituto de Economia, Pontificia Universidad Catolica de Chile, New York University - Department of Economics and Columbia University Graduate School of Business
Downloads 58 (785,719)
Citation 3

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76.

Inside Information and the Own Company Stock Puzzle

NYU Working Paper No. SC-AM-05-07
Number of pages: 17 Posted: 03 Nov 2008
Stijn Van Nieuwerburgh
Columbia University Graduate School of Business
Downloads 43 (903,048)

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77.

The Joy of Giving or Assisted Living? Using Strategic Surveys to Separate Bequest and Precautionary Motives

NYU Working Paper No. 2451/31428
Number of pages: 58 Posted: 10 Sep 2013
Stijn Van Nieuwerburgh
Columbia University Graduate School of Business
Downloads 41 (921,248)

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78.

Phasing Out the Gses

NBER Working Paper No. w21626
Number of pages: 78 Posted: 12 Oct 2015 Last Revised: 03 Feb 2023
Vadim Elenev, Tim Landvoigt and Stijn Van Nieuwerburgh
Johns Hopkins University, University of Pennsylvania - The Wharton School and Columbia University Graduate School of Business
Downloads 37 (959,911)
Citation 11

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79.

Converting Brown Offices to Green Apartments

NBER Working Paper No. w31530
Number of pages: 46 Posted: 07 Aug 2023
Arpit Gupta, Candy Martinez and Stijn Van Nieuwerburgh
NYU Stern School of Business, Columbia University - Columbia Business School and Columbia University Graduate School of Business
Downloads 33 (1,000,935)

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80.

Fiscal Capacity: An Asset Pricing Perspective

Annual Review of Financial Economics, Vol. 15, pp. 197-219, 2023
Posted: 07 Nov 2023
Zhengyang Jiang, Hanno N. Lustig, Stijn Van Nieuwerburgh and Mindy Z. Xiaolan
Kellogg School of Management - Department of Finance, Stanford Graduate School of Business, Columbia University Graduate School of Business and University of Texas, Austin - Department of Finance

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81.

What to Do About the GSEs?

Annual Review of Financial Economics, Vol. 9, pp. 21-41, 2017
Posted: 03 Jan 2018
Matthew P. Richardson, Stijn Van Nieuwerburgh, Lawrence J. White and Lawrence J. White
Department of Finance, Leonard N. Stern School of Business, New York University, Columbia University Graduate School of Business and New York University (NYU) - Leonard N. Stern School of Business, Department of EconomicsStern School of Business, New York University

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82.

Firm Volatility in Granual Networks

CEPR Discussion Paper No. DP12284
Number of pages: 50 Posted: 11 Sep 2017
Bernard Herskovic, Bryan T. Kelly, Hanno N. Lustig and Stijn Van Nieuwerburgh
University of California, Los Angeles (UCLA) - Anderson School of Management, Yale SOM, Stanford Graduate School of Business and Columbia University Graduate School of Business
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aggregate volatility, firm size distribution, Firm volatility, granularity, networks