Dimitris Papanikolaou

Northwestern University - Kellogg School of Management - Department of Finance

Assistant Professor

Evanston, IL 60208

United States

National Bureau of Economic Research (NBER)

1050 Massachusetts Avenue

Cambridge, MA 02138

United States

SCHOLARLY PAPERS

19

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11,278

CITATIONS
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SSRN RANKINGS

Top 3,648

in Total Papers Citations

149

Scholarly Papers (19)

Technological Innovation, Resource Allocation and Growth

Quarterly Journal of Economics, Forthcoming
Number of pages: 78 Posted: 22 Dec 2012 Last Revised: 02 Mar 2018
Leonid Kogan, Dimitris Papanikolaou, Amit Seru and Noah Stoffman
Massachusetts Institute of Technology (MIT) - Sloan School of Management, Northwestern University - Kellogg School of Management - Department of Finance, Stanford University and Indiana University - Kelley School of Business - Department of Finance
Downloads 3,881 (2,214)
Citation 9

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Innovation, patents, growth, reallocation

Technological Innovation, Resource Allocation, and Growth

NBER Working Paper No. w17769
Number of pages: 46 Posted: 21 Jan 2012 Last Revised: 28 Oct 2014
Leonid Kogan, Dimitris Papanikolaou, Amit Seru and Noah Stoffman
Massachusetts Institute of Technology (MIT) - Sloan School of Management, Northwestern University - Kellogg School of Management - Department of Finance, Stanford University and Indiana University - Kelley School of Business - Department of Finance
Downloads 567 (45,455)
Citation 9

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2.
Downloads 2,167 ( 6,092)
Citation 5

Portfolio Choice with Illiquid Assets

Number of pages: 46 Posted: 26 Oct 2010 Last Revised: 01 Oct 2014
Andrew Ang, Dimitris Papanikolaou and Mark M. Westerfield
Downloads 1,712 (8,926)
Citation 5

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Asset Allocation, Liquidity, Alternative Assets, Liquidity Crises

Portfolio Choice with Illiquid Assets

Netspar Discussion Paper No. 10/2010-092
Number of pages: 47 Posted: 22 Apr 2011 Last Revised: 19 Sep 2014
Andrew Ang, Dimitris Papanikolaou and Mark M. Westerfield
Downloads 268 (110,609)
Citation 5

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Asset allocation, liquidity, alternative assets, liquidity crises

Portfolio Choice with Illiquid Assets

Management Science, November 2014, Columbia Business School Research Paper No. 14-52
Number of pages: 46 Posted: 03 Oct 2014
Andrew Ang, Dimitris Papanikolaou and Mark M. Westerfield
Downloads 163 (178,433)
Citation 5

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Asset Allocation, Liquidity, Alternative Assets, Liquidity Crises

Portfolio Choice with Illiquid Assets

NBER Working Paper No. w19436
Number of pages: 47 Posted: 14 Sep 2013
Andrew Ang, Dimitris Papanikolaou and Mark M. Westerfield
Downloads 24 (502,396)
Citation 5

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Winners and Losers: Creative Destruction and the Stock Market

Number of pages: 71 Posted: 23 Dec 2012 Last Revised: 12 Oct 2017
Leonid Kogan, Dimitris Papanikolaou and Noah Stoffman
Massachusetts Institute of Technology (MIT) - Sloan School of Management, Northwestern University - Kellogg School of Management - Department of Finance and Indiana University - Kelley School of Business - Department of Finance
Downloads 493 (54,480)

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general equilibrium, asset pricing, innovation, risk sharing, technology shocks

Winners and Losers: Creative Destruction and the Stock Market

NBER Working Paper No. w18671
Number of pages: 72 Posted: 05 Jan 2013
Leonid Kogan, Dimitris Papanikolaou and Noah Stoffman
Massachusetts Institute of Technology (MIT) - Sloan School of Management, Northwestern University - Kellogg School of Management - Department of Finance and Indiana University - Kelley School of Business - Department of Finance
Downloads 17 (546,143)
Citation 2

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4.

Adverse Selection, Slow Moving Capital and Misallocation

Journal of Financial Economics (JFE), Forthcoming
Number of pages: 57 Posted: 09 Oct 2013 Last Revised: 09 Sep 2015
William Fuchs, Brett S. Green and Dimitris Papanikolaou
University of Texas at Austin - Department of Finance, University of California, Berkeley - Haas School of Business and Northwestern University - Kellogg School of Management - Department of Finance
Downloads 482 (56,602)

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Misallocation, Adverse Selection, General Equilibrium, Convex Adjustment Costs

5.

Organization Capital and the Cross-Section of Expected Returns

Journal of Finance, Forthcoming
Number of pages: 53 Posted: 14 Mar 2009 Last Revised: 20 Mar 2013
Andrea L. Eisfeldt and Dimitris Papanikolaou
Downloads 470 (58,441)
Citation 24

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6.

Investment Shocks and Asset Prices

Number of pages: 47 Posted: 21 Nov 2006 Last Revised: 11 Jul 2011
Dimitris Papanikolaou
Downloads 439 (63,500)
Citation 28

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investment-specifc shocks, general equilibrium, asset pricing, cross-sectional tests, real investment opportunity set

7.

Sources of Systematic Risk

Number of pages: 37 Posted: 17 Mar 2008 Last Revised: 14 Aug 2010
Igor Makarov and Dimitris Papanikolaou
London School of Economics & Political Science (LSE) and Northwestern University - Kellogg School of Management - Department of Finance
Downloads 411 (68,748)
Citation 2

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Factor analysis, identification, heteroscedasticity

8.

Investment, Idiosyncratic Risk, and Ownership

Journal of Finance, Vol. 67, No. 3, 2012
Number of pages: 52 Posted: 24 Dec 2008 Last Revised: 20 Mar 2013
Dimitris Papanikolaou and Vasia Panousi
Northwestern University - Kellogg School of Management - Department of Finance and University of Montreal, Department of Economics
Downloads 403 (70,417)
Citation 24

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Investment, idiosyncratic risk, managerial ownership

Firm Characteristics and Stock Returns: The Role of Investment-Specific Shocks

Number of pages: 66 Posted: 10 Apr 2012 Last Revised: 09 Nov 2018
Leonid Kogan and Dimitris Papanikolaou
Massachusetts Institute of Technology (MIT) - Sloan School of Management and Northwestern University - Kellogg School of Management - Department of Finance
Downloads 340 (85,193)
Citation 5

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stock returns, investment, firm characteristics, predictability, value premium

A Theory of Firm Characteristics and Stock Returns: The Role of Investment-Specific Shocks

NBER Working Paper No. w17975
Number of pages: 69 Posted: 06 Apr 2012
Leonid Kogan and Dimitris Papanikolaou
Massachusetts Institute of Technology (MIT) - Sloan School of Management and Northwestern University - Kellogg School of Management - Department of Finance
Downloads 20 (527,163)
Citation 7

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Measuring Technological Innovation over the Long Run

Number of pages: 78 Posted: 05 Dec 2018
Bryan T. Kelly, Dimitris Papanikolaou, Amit Seru and Matt Taddy
Yale SOM, Northwestern University - Kellogg School of Management - Department of Finance, Stanford University and University of Chicago
Downloads 320 (91,203)

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Measuring Technological Innovation Over the Long Run

NBER Working Paper No. w25266
Number of pages: 79 Posted: 19 Nov 2018
Bryan T. Kelly, Dimitris Papanikolaou, Amit Seru and Matt Taddy
Yale SOM, Northwestern University - Kellogg School of Management - Department of Finance, Stanford University and University of Chicago
Downloads 38 (432,003)
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11.

Growth Opportunities, Technology Shocks and Asset Prices

Journal of Finance, Forthcoming
Number of pages: 52 Posted: 14 Mar 2009 Last Revised: 20 Mar 2013
Leonid Kogan and Dimitris Papanikolaou
Massachusetts Institute of Technology (MIT) - Sloan School of Management and Northwestern University - Kellogg School of Management - Department of Finance
Downloads 336 (86,956)
Citation 22

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12.

Financial Relationships and the Limits to Arbitrage

Number of pages: 43 Posted: 26 Jul 2005
Jiro E. Kondo and Dimitris Papanikolaou
Massachusetts Institute of Technology (MIT) - Sloan School of Management and Northwestern University - Kellogg School of Management - Department of Finance
Downloads 300 (98,421)
Citation 1

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Limits to arbitrage, inefficient markets, financial relationships

13.
Downloads 254 (117,491)

Long-Run Bulls and Bears

Journal of Monetary Economics, 76, S21-S36, 2015.
Number of pages: 38 Posted: 30 Dec 2014 Last Revised: 10 Feb 2017
Downloads 234 (127,169)

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Stock market returns

Long-Run Bulls and Bears

NBER Working Paper No. w20858
Number of pages: 39 Posted: 20 Jan 2015
Downloads 20 (527,163)

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Long-Run Bulls and Bears

CEPR Discussion Paper No. DP10351
Number of pages: 39 Posted: 23 Jan 2015
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stock market returns

14.
Downloads 149 (192,210)

Developing Novel Drugs

Number of pages: 106 Posted: 05 Jan 2018
Joshua Krieger, Danielle Li and Dimitris Papanikolaou
Harvard Business School, Massachusetts Institute of Technology (MIT) and Northwestern University - Kellogg School of Management - Department of Finance
Downloads 119 (230,356)

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Drug Development, Innovation, Research & Development

Missing Novelty in Drug Development

NBER Working Paper No. w24595
Number of pages: 115 Posted: 16 May 2018
Joshua Krieger, Danielle Li and Dimitris Papanikolaou
Harvard Business School, Massachusetts Institute of Technology (MIT) - Sloan School of Management and Northwestern University - Kellogg School of Management - Department of Finance
Downloads 30 (468,636)

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In Search of Ideas: Technological Innovation and Executive Pay Inequality

Sloan Foundation Economics Research Paper, Journal of Financial Economics (JFE), Forthcoming
Number of pages: 51 Posted: 06 Feb 2017
Carola Frydman and Dimitris Papanikolaou
Downloads 118 (231,847)

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inequality, technology, executive compensation

In Search of Ideas: Technological Innovation and Executive Pay Inequality

NBER Working Paper No. w21795
Number of pages: 62 Posted: 14 Dec 2015 Last Revised: 04 Jan 2016
Carola Frydman and Dimitris Papanikolaou
Downloads 4 (632,203)

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16.

Growth Opportunities, Technology Shocks, and Asset Prices

NBER Working Paper No. w17795
Number of pages: 57 Posted: 27 Jan 2012
Leonid Kogan and Dimitris Papanikolaou
Massachusetts Institute of Technology (MIT) - Sloan School of Management and Northwestern University - Kellogg School of Management - Department of Finance
Downloads 34 (439,060)
Citation 22

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17.

The Value and Ownership of Intangible Capital

American Economic Review, Vol. 104, No. 5, 2014
Number of pages: 8 Posted: 07 Oct 2018
Andrea L. Eisfeldt and Dimitris Papanikolaou
Downloads 24 (487,483)
Citation 1

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19.

Economic Activity of Firms and Asset Prices

Annual Review of Financial Economics, Vol. 4, pp. 361-384, 2012
Posted: 04 Nov 2012
Leonid Kogan and Dimitris Papanikolaou
Massachusetts Institute of Technology (MIT) - Sloan School of Management and Northwestern University - Kellogg School of Management - Department of Finance

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