Missaka Warusawitharana

Board of Governors of the Federal Reserve System

20th Street and Constitution Avenue NW

Washington, DC 20551

United States

SCHOLARLY PAPERS

25

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Top 11,767

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5,215

SSRN CITATIONS
Rank 5,124

SSRN RANKINGS

Top 5,124

in Total Papers Citations

103

CROSSREF CITATIONS

164

Scholarly Papers (25)

1.
Downloads 1,427 ( 16,797)
Citation 23

Equity Market Misvaluation, Financing, and Investment

Number of pages: 60 Posted: 06 Sep 2012 Last Revised: 07 Nov 2014
Missaka Warusawitharana and Toni M. Whited
Board of Governors of the Federal Reserve System and University of Michigan, Stephen M. Ross School of Business
Downloads 1,375 (17,419)

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equity misvaluation, financing, investment

Equity Market Misvaluation, Financing, and Investment

FEDS Working Paper No. 2013-78
Number of pages: 53 Posted: 31 May 2017
Missaka Warusawitharana and Toni M. Whited
Board of Governors of the Federal Reserve System and University of Michigan, Stephen M. Ross School of Business
Downloads 52 (477,802)
Citation 8

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Predictable Returns and Asset Allocation: Should a Skeptical Investor Time the Market?

AFA 2006 Boston Meetings Paper
Number of pages: 53 Posted: 19 Mar 2005
Jessica A. Wachter and Missaka Warusawitharana
University of Pennsylvania - Finance Department and Board of Governors of the Federal Reserve System
Downloads 549 (62,735)
Citation 1

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Predictable Returns and Asset Allocation: Should a Skeptical Investor Time the Market?

NBER Working Paper No. w13165
Number of pages: 62 Posted: 27 Jun 2007 Last Revised: 23 Jun 2021
Jessica A. Wachter and Missaka Warusawitharana
University of Pennsylvania - Finance Department and Board of Governors of the Federal Reserve System
Downloads 112 (305,793)
Citation 5

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3.
Downloads 555 ( 62,737)
Citation 10

Finance and Productivity Growth: Firm-Level Evidence

Journal of Monetary Economics, Forthcoming
Number of pages: 46 Posted: 17 Mar 2012 Last Revised: 19 Nov 2019
Oliver Levine and Missaka Warusawitharana
University of Wisconsin - Madison and Board of Governors of the Federal Reserve System
Downloads 417 (87,748)
Citation 3

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Financial crises, financial frictions, innovation, total factor productivity (TFP)

Finance and Productivity Growth: Firm-Level Evidence

FEDS Working Paper No. 2014-17
Number of pages: 53 Posted: 31 May 2017
Oliver Levine and Missaka Warusawitharana
University of Wisconsin - Madison and Board of Governors of the Federal Reserve System
Downloads 138 (263,250)
Citation 2

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Finance-growth nexus, financial crisis, total factor productivity (TFP)

4.
Downloads 389 ( 95,928)
Citation 2

The Expected Real Return to Equity

Number of pages: 39 Posted: 23 Mar 2009 Last Revised: 14 Apr 2013
Missaka Warusawitharana
Board of Governors of the Federal Reserve System
Downloads 293 (130,425)
Citation 1

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Equity return, produce-based asset pricing, structural estimation

The Expected Real Return to Equity

Journal of Economic Dynamics and Control, Vol. 37, 2013, FEDS Working Paper No. 2011-14
Number of pages: 39 Posted: 17 Apr 2011 Last Revised: 20 Oct 2015
Missaka Warusawitharana
Board of Governors of the Federal Reserve System
Downloads 96 (339,756)
Citation 1

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Production-based asset pricing, Time-varying expected returns, Simulated method of moments

5.

Profitability and the Lifecycle of Firms

Number of pages: 56 Posted: 13 Mar 2010 Last Revised: 02 Feb 2016
Missaka Warusawitharana
Board of Governors of the Federal Reserve System
Downloads 343 (110,589)
Citation 4

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Firm lifecycles, Profitability, Quality ladder, Financial frictions

6.

Research and Development, Profits and Firm Value: A Structural Estimation

Number of pages: 43 Posted: 26 Feb 2008 Last Revised: 04 Aug 2015
Missaka Warusawitharana
Board of Governors of the Federal Reserve System
Downloads 290 (132,517)
Citation 10

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R&D, Structural Estimation, Policy Experiments

What is the Chance that the Equity Premium Varies over Time? Evidence from Regressions on the Dividend-Price Ratio

AFA 2008 New Orleans Meetings Paper
Number of pages: 63 Posted: 20 Mar 2007 Last Revised: 06 Jun 2013
Jessica A. Wachter and Missaka Warusawitharana
University of Pennsylvania - Finance Department and Board of Governors of the Federal Reserve System
Downloads 254 (151,081)
Citation 8

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What is the Chance that the Equity Premium Varies Over Time? Evidence from Regressions on the Dividend-Price Ratio

NBER Working Paper No. w17334
Number of pages: 67 Posted: 29 Aug 2011 Last Revised: 14 May 2021
Jessica A. Wachter and Missaka Warusawitharana
University of Pennsylvania - Finance Department and Board of Governors of the Federal Reserve System
Downloads 33 (571,918)
Citation 1

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8.

An Efficiency Perspective on the Gains from Mergers and Asset Purchases

B.E. Journal of Economic Analysis & Policy, Vol. 9 (Contributions)
Number of pages: 27 Posted: 14 Nov 2006 Last Revised: 18 Oct 2009
Sugata Ray and Missaka Warusawitharana
University of Alabama - Department of Economics, Finance and Legal Studies and Board of Governors of the Federal Reserve System
Downloads 254 (151,609)
Citation 1

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Mergers, Asset purchases, Efficiency gains, Acquisitions, event study

Time-Varying Volatility and the Power Law Distribution of Stock Returns

Number of pages: 45 Posted: 06 Aug 2015 Last Revised: 20 Feb 2016
Missaka Warusawitharana
Board of Governors of the Federal Reserve System
Downloads 150 (244,661)

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Tail distributions, high frequency returns, power laws time-varying volatility

Time-Varying Volatility and the Power Law Distribution of Stock Returns

FEDS Working Paper No. 2016-022
Number of pages: 46 Posted: 23 Mar 2016
Missaka Warusawitharana
Board of Governors of the Federal Reserve System
Downloads 76 (392,594)
Citation 1

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Tail distributions, high frequency returns, power laws, time-varying volatility

10.

Capital Ratios and Bank Lending: A Matched Bank Approach

Journal of Financial Intermediation, Vol. 22, No. 4, 2013
Number of pages: 47 Posted: 29 Jul 2011 Last Revised: 19 Dec 2013
Mark A. Carlson, Hui Shan and Missaka Warusawitharana
Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System and Board of Governors of the Federal Reserve System
Downloads 218 (175,826)
Citation 28

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Regulatory capital, bank capital, bank lending

Corporate Asset Purchases and Sales: Theory and Evidence

FEDS Working Paper No. 2007-27
Number of pages: 49 Posted: 15 Nov 2005
Missaka Warusawitharana
Board of Governors of the Federal Reserve System
Downloads 198 (192,128)
Citation 3

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cquisitions, asset sales, Tobin's Q, selection models

Corporate Asset Purchases and Sales: Theory and Evidence

Journal of Financial Economics, Vol. 87, pp. 471-497, 2008
Posted: 08 Mar 2007 Last Revised: 05 Jun 2008
Missaka Warusawitharana
Board of Governors of the Federal Reserve System

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Financial Market Shocks during the Great Depression

Number of pages: 29 Posted: 10 Aug 2009 Last Revised: 09 Oct 2013
Alycia Chin and Missaka Warusawitharana
Public Company Accounting Oversight Board and Board of Governors of the Federal Reserve System
Downloads 107 (315,854)

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Great Depression, Financial markets

Financial Market Shocks During the Great Depression

FEDS Working Paper No. 22
Number of pages: 34 Posted: 12 Mar 2011
Alycia Chin and Missaka Warusawitharana
Public Company Accounting Oversight Board and Board of Governors of the Federal Reserve System
Downloads 31 (583,758)

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Financial Shock, Impulse Response, VAR

13.

Mapping Heat in the U.S. Financial System

FEDS Working Paper No. 2015-059, http://dx.doi.org/10.17016/FEDS.2015.059
Number of pages: 72 Posted: 14 Aug 2015
Bank of England - Monetary Assessment and Strategy Division, Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System and Board of Governors of the Federal Reserve System
Downloads 121 (287,980)
Citation 15

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Early warning system, Financial crisis, Financial stability and risk, Financial vulnerabilities, Heat maps, Macroprudential policy, Systemic risk

14.

The Monetization of Innovation

Number of pages: 59 Posted: 19 Aug 2020
Missaka Warusawitharana and Francesca Zucchi
Board of Governors of the Federal Reserve System and Federal Reserve Board
Downloads 72 (400,290)

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Monetization; Innovation; Internet Firms

15.

Covid-19 as a Stress Test: Assessing the Bank Regulatory Framework

FEDS Working Paper No. 2021-24
Number of pages: 47 Posted: 30 Jun 2021 Last Revised: 06 Jul 2021
Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System and Board of Governors of the Federal Reserve System
Downloads 36 (542,190)

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16.

The Role of News About TFP in U.S. Recessions and Booms

FRB of Chicago Working Paper No. WP-2018-6
Number of pages: 62 Posted: 23 Sep 2021
University of Peloponnese - Department of Economics, University of Piraeus - Department of Banking and Financial Management, Department of Economic and Regional Development, Panteion University of Political and Social Sciences, European Bank for Reconstruction and Development (EBRD) - Office of the Chief EconomistEuropean Bank for Reconstruction and Development, Federal Reserve Board - Department of Monetary Affairs, Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System, European Central Bank (ECB), European Central Bank (ECB), De Nederlandsche Bank, Banco de España, European Central Bank (ECB), European Central Bank (ECB), Deutsche BundesbankEuropean Central Bank (ECB)University of Kiel, European Central Bank (ECB), European Central Bank, University of Bonn, European Central Bank (ECB), European Central Bank (ECB), University of Auckland, Banco de España, European Central Bank (ECB), Deutsche Bundesbank, European Central Bank (ECB), European Central Bank (ECB), Banque de France, European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB) - Directorate General Economics, European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB), Goethe University Frankfurt, European Central Bank (ECB), Bank of Italy, European Central Bank (ECB), European Central Bank (ECB), Banque de France, De Nederlandsche Bank, affiliation not provided to SSRN, New University of Lisbon - Nova School of Business and Economics, European Central Bank (ECB), De Nederlandsche Bank - Research Department, European Central Bank (ECB), Bank of Italy, European Central Bank (ECB), European Central Bank (ECB), De Nederlandsche Bank, European Central Bank (ECB), University of Essex - Institute for Social and Economic Research (ISER), European Central Bank (ECB) and European Central Bank (ECB)
Downloads 0 (805,913)

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Unemployment rate, hiring frictions, beliefs, the Great Recession, labor market trends, employment gap, Bayesian estimation

17.

Mapping Heat in the U.S. Financial System: A Summary

FEDS Notes No. 2015-08-05
Posted: 09 Jul 2021
affiliation not provided to SSRN, affiliation not provided to SSRN, affiliation not provided to SSRN, Board of Governors of the Federal Reserve System and Board of Governors of the Federal Reserve System

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18.

Mapping Heat in the U.S. Financial System

FEDS Working Paper No. 2015-59
Posted: 09 Jul 2021
affiliation not provided to SSRN, affiliation not provided to SSRN, affiliation not provided to SSRN, Board of Governors of the Federal Reserve System and Board of Governors of the Federal Reserve System

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19.

Effects of Fixed Nominal Thresholds for Enhanced Supervision

FEDS Notes No. 2018-07-19
Posted: 23 Jul 2018 Last Revised: 25 Jun 2020
David Hou and Missaka Warusawitharana
Federal Reserve Banks - Federal Reserve Bank of New York and Board of Governors of the Federal Reserve System

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20.

Matching Banks by Business Model, Geography and Size: A Dataset

FEDS Notes No. 2017-08-08 https://doi.org/10.17016/2380-7172.2022
Posted: 16 Oct 2017
Mark A. Carlson, Molly Shatto and Missaka Warusawitharana
Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System and Board of Governors of the Federal Reserve System

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21.

Equity Issuance and Retirement by Nonfinancial Corporations

FEDS Notes No. 2017-06-16-1 https://doi.org/10.17016/2380-7172.2008
Posted: 15 Oct 2017
William Kuchinski, Richard Ogden, Damian R. Thomas and Missaka Warusawitharana
Independent, Independent, Independent and Board of Governors of the Federal Reserve System

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22.

Corporate Equities by Issuer in the Financial Accounts of the United States

FEDS Notes No. 2016-03-29 https://doi.org/10.17016/2380-7172.1731
Posted: 17 Mar 2016
Richard Ogden, Damian R. Thomas and Missaka Warusawitharana
Independent, Independent and Board of Governors of the Federal Reserve System

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23.

Mapping Heat in the U.S. Financial System: A Summary

FEDS Notes No. 2015-08-05 https://doi.org/10.17016/2380-7172.1574
Posted: 24 Oct 2015
Bank of England - Monetary Assessment and Strategy Division, Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System and Board of Governors of the Federal Reserve System

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24.

The Social Discount Rate in Developing Countries

FEDS Notes No. 2014-10-09 https://doi.org/10.17016/2380-7172.0029
Posted: 16 Dec 2014
Missaka Warusawitharana
Board of Governors of the Federal Reserve System

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25.

The Rise in Equity Valuation Ratios

FEDS Notes No. 2014-01-06 https://doi.org/10.17016/2380-7172.0006
Posted: 16 Dec 2014
Missaka Warusawitharana
Board of Governors of the Federal Reserve System

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