Missaka Warusawitharana

Board of Governors of the Federal Reserve System

20th Street and Constitution Avenue NW

Washington, DC 20551

United States

SCHOLARLY PAPERS

14

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4,621

CITATIONS
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Top 1,458

in Total Papers Citations

386

Scholarly Papers (14)

1.
Downloads 1,284 ( 14,429)
Citation 4

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 1,255 (14,663)
Citation 4

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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 29 (473,854)
Citation 4

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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 526 (50,176)
Citation 29

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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: 28 Aug 2007
Jessica A. Wachter and Missaka Warusawitharana
University of Pennsylvania - Finance Department and Board of Governors of the Federal Reserve System
Downloads 107 (249,111)
Citation 29

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3.
Downloads 416 ( 68,213)
Citation 322

Finance and Productivity Growth: Firm-Level Evidence

Number of pages: 42 Posted: 17 Mar 2012 Last Revised: 04 Feb 2016
Oliver Levine and Missaka Warusawitharana
University of Wisconsin - Madison and Board of Governors of the Federal Reserve System
Downloads 325 (89,788)
Citation 322

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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 91 (281,998)
Citation 322

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

4.
Downloads 381 ( 75,274)
Citation 1

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 289 (102,143)
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 92 (276,016)
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 314 (93,853)
Citation 2

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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 278 (106,962)
Citation 3

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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 247 (120,520)

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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
Jessica A. Wachter and Missaka Warusawitharana
University of Pennsylvania - Finance Department and Board of Governors of the Federal Reserve System
Downloads 30 (468,657)
Citation 3

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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 244 (122,514)
Citation 3

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

9.

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 191 (155,783)
Citation 2

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Regulatory capital, bank capital, bank lending

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 120 (229,048)

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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 66 (336,618)

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

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 178 (165,194)
Citation 16

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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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12.
Downloads 128 (217,239)
Citation 1

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 102 (257,724)
Citation 1

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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 26 (490,435)
Citation 1

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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 - Flow of Funds Section and Board of Governors of the Federal Reserve System
Downloads 111 (241,330)

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

14.

Effects of Fixed Nominal Thresholds for Enhanced Supervision

FED Notes No. 2018-07-19
Posted: 23 Jul 2018 Last Revised: 21 Feb 2019
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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