Thomas Gilbert

University of Washington - Department of Finance and Business Economics

Box 353200

Seattle, WA 98195

United States

http://faculty.washington.edu/gilbertt/

SCHOLARLY PAPERS

11

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6,347

SSRN CITATIONS
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Top 7,946

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123

CROSSREF CITATIONS

41

Scholarly Papers (11)

1.

Precautionary Savings with Risky Assets: When Cash Is Not Cash

Journal of Finance, Forthcoming
Number of pages: 89 Posted: 03 Nov 2013 Last Revised: 28 May 2016
Boston College - Carroll School of Management, University of Washington - Department of Finance and Business Economics, University of Washington and University of Washington - Michael G. Foster School of Business
Downloads 1,410 (17,780)
Citation 21

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Cash, Precautionary Savings, Investment Securities, Risk, Liquidity, SFAS 157, Fair Value, Taxes

2.

Why are University Endowments Large and Risky?

Review of Financial Studies, Forthcoming
Number of pages: 57 Posted: 19 Mar 2011 Last Revised: 27 Jun 2015
Thomas Gilbert and Christopher M. Hrdlicka
University of Washington - Department of Finance and Business Economics and University of Washington - Michael G. Foster School of Business
Downloads 1,212 (22,328)
Citation 10

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University endowments, portfolio choice, investment policy, governance, agency, UPMIFA

3.

Daily Data is Bad for Beta: Opacity and Frequency-Dependent Betas

Review of Asset Pricing Studies, Forthcoming
Number of pages: 55 Posted: 18 Mar 2012 Last Revised: 21 Dec 2013
University of Washington - Department of Finance and Business Economics, University of Washington - Michael G. Foster School of Business, Oregon State University - College of Business and University of Washington - Michael G. Foster School of Business
Downloads 925 (32,918)
Citation 7

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Asset pricing models, systematic risk, factor structure, return frequency, information, price discovery, beta measurement

4.

The Disappearing Pre-FOMC Announcement Drift

Finance Research Letters, Vol. 40, 2021
Number of pages: 20 Posted: 07 Mar 2018 Last Revised: 07 Sep 2021
Alexander Kurov, Marketa Wolfe and Thomas Gilbert
West Virginia University - College of Business & Economics, Skidmore College - Department of Economics and University of Washington - Department of Finance and Business Economics
Downloads 555 (64,927)
Citation 6

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FOMC; Announcements; Drift; Press Conferences

5.

Investor Inattention and the Market Impact of Summary Statistics

Management Science, Forthcoming
Number of pages: 29 Posted: 27 Mar 2008 Last Revised: 17 Sep 2011
IDC Herzliya - Arison School of Business, University of Washington - Department of Finance and Business Economics, University of California, Los Angeles (UCLA) - Anderson School of Management and The Conference Board
Downloads 476 (78,393)
Citation 4

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Limited attention, macroeconomic news, informational efficiency

Is the Intrinsic Value of Macroeconomic News Announcements Related to Their Asset Price Impact?

FEDS Working Paper No. 2015-46
Number of pages: 58 Posted: 19 Dec 2016 Last Revised: 10 Jan 2017
Thomas Gilbert, Chiara Scotti, Georg Strasser and Clara Vega
University of Washington - Department of Finance and Business Economics, Board of Governors of the Federal Reserve System, European Central Bank (ECB) - Directorate General Research and Board of Governors of the Federal Reserve System
Downloads 144 (264,252)

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Is the Intrinsic Value of Macroeconomic News Announcements Related to Their Asset Price Impact?

ECB Working Paper No. 1882
Number of pages: 54 Posted: 08 Feb 2016
Thomas Gilbert, Chiara Scotti, Georg Strasser and Clara Vega
University of Washington - Department of Finance and Business Economics, Board of Governors of the Federal Reserve System, European Central Bank (ECB) - Directorate General Research and Board of Governors of the Federal Reserve System
Downloads 121 (298,597)

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macroeconomic announcements, price discovery, learning, macroeconomic

Is the Intrinsic Value of Macroeconomic News Announcements Related to Their Asset Price Impact?

FEDS Working Paper No. 2015-046, http://dx.doi.org/10.17016/FEDS.2015.046
Number of pages: 51 Posted: 09 Jul 2015
Thomas Gilbert, Chiara Scotti, Georg Strasser and Clara Vega
University of Washington - Department of Finance and Business Economics, Board of Governors of the Federal Reserve System, European Central Bank (ECB) - Directorate General Research and Board of Governors of the Federal Reserve System
Downloads 77 (401,957)
Citation 1

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Macroeconomic announcements, central bank policy, coordination role of public information, learning, macroeconomic forecasting, price discovery

Is the Intrinsic Value of a Macroeconomic News Announcement Related to Its Asset Price Impact?

Journal of Monetary Economics, Forthcoming
Number of pages: 57 Posted: 25 Apr 2015 Last Revised: 12 Sep 2017
Thomas Gilbert, Chiara Scotti, Georg Strasser and Clara Vega
University of Washington - Department of Finance and Business Economics, Board of Governors of the Federal Reserve System, European Central Bank (ECB) - Directorate General Research and Board of Governors of the Federal Reserve System
Downloads 67 (434,467)
Citation 23

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Macroeconomic announcements, price discovery, learning, forecasting, nowcasting

7.

The Structure of Information Release and the Factor Structure of Returns

Journal of Financial Economics (JFE), Forthcoming
Number of pages: 74 Posted: 12 May 2016 Last Revised: 14 Feb 2017
University of Washington - Department of Finance and Business Economics, University of Washington - Michael G. Foster School of Business and University of Washington - Michael G. Foster School of Business
Downloads 389 (99,321)
Citation 1

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Earnings Announcements, CAPM, Factor Models, SMB, HML

8.

More Than 100% of the Equity Premium: How Much Is Really Earned on Macroeconomic Announcement Days?

Number of pages: 52 Posted: 28 Oct 2019
Rory Ernst, Thomas Gilbert and Christopher M. Hrdlicka
University of Washington - Michael G. Foster School of Business, University of Washington - Department of Finance and Business Economics and University of Washington - Michael G. Foster School of Business
Downloads 335 (117,525)
Citation 5

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macroeconomic announcements, equity premium, FOMC, information, news

9.

Endogenous Versus Exogenous Shocks in Complex Networks: An Empirical Test Using Book Sale Rankings

Physical Review Letters, Vol. 93, 2004
Number of pages: 5 Posted: 18 Nov 2003 Last Revised: 02 Apr 2011
ETH Zürich - Department of Management, Technology, and Economics (D-MTEC), affiliation not provided to SSRN, University of Washington - Department of Finance and Business Economics and Université de Nice Sophia Antipolis - Laboratoire de Physique de la Matiere Condensee (LPMC)
Downloads 296 (134,122)
Citation 5

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Amazon, shocks, endogenous, exogenous, networks, critical, marketing

Information Aggregation Around Macroeconomic Announcements: Revisions Matter

Journal of Financial Economics (JFE), Forthcoming
Number of pages: 47 Posted: 19 Mar 2008 Last Revised: 02 Apr 2011
Thomas Gilbert
University of Washington - Department of Finance and Business Economics
Downloads 209 (188,675)
Citation 6

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Macroeconomic announcements, revisions, information precision, price discovery

Dispersed Macroeconomic Information: Announcements, Revisions & Stock Returns

AFFI/EUROFIDAI, Paris December 2008 Finance International Meeting AFFI - EUROFIDAI
Posted: 13 Oct 2008
Thomas Gilbert
University of Washington - Department of Finance and Business Economics

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11.

Leaders' Preferences for Fairness and Risk-Sharing Across Generations

Number of pages: 60 Posted: 02 Jun 2012 Last Revised: 23 Jun 2019
Thomas Gilbert and Christopher M. Hrdlicka
University of Washington - Department of Finance and Business Economics and University of Washington - Michael G. Foster School of Business
Downloads 131 (280,109)

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Fairness, intergenerational equity, risk-sharing, portfolio choice, endowments, public pension plans, global warming