Berardino Palazzo

Board of Governors of the Federal Reserve System

Senior economist

20th Street and Constitution Avenue NW

Washington, DC 20551

United States

SCHOLARLY PAPERS

18

DOWNLOADS
Rank 12,670

SSRN RANKINGS

Top 12,670

in Total Papers Downloads

6,972

SSRN CITATIONS
Rank 4,079

SSRN RANKINGS

Top 4,079

in Total Papers Citations

326

CROSSREF CITATIONS

100

Scholarly Papers (18)

1.

ICO Success and Post-ICO Performance

Number of pages: 59 Posted: 12 Dec 2018 Last Revised: 02 Mar 2021
Evgeny Lyandres, Berardino Palazzo and Daniel Rabetti
Tel Aviv University, Board of Governors of the Federal Reserve System and National University of Singapore (NUS)
Downloads 2,509 (10,184)
Citation 33

Abstract:

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ICOs, data quality, performance

2.

Cash Holdings, Competition, and Innovation

Journal of Financial and Quantitative Analysis (JFQA), Forthcoming
Number of pages: 58 Posted: 12 Mar 2012 Last Revised: 02 Nov 2015
Evgeny Lyandres and Berardino Palazzo
Tel Aviv University and Board of Governors of the Federal Reserve System
Downloads 779 (58,160)
Citation 28

Abstract:

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3.

Firms' Cash Holdings and the Cross-Section of Equity Returns

Number of pages: 51 Posted: 08 Feb 2009
Berardino Palazzo
Board of Governors of the Federal Reserve System
Downloads 707 (66,159)
Citation 8

Abstract:

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Equity Returns, Precautionary Savings, Growth Options

4.
Downloads 658 (72,493)
Citation 39

Firm Selection and Corporate Cash Holdings

Harvard Business School Finance Working Paper No. 16-130
Number of pages: 56 Posted: 21 May 2016 Last Revised: 09 Apr 2018
Juliane Begenau and Berardino Palazzo
Stanford University - Graduate School of Business and Board of Governors of the Federal Reserve System
Downloads 617 (77,525)
Citation 6

Abstract:

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Firm Selection and Corporate Cash Holdings

NBER Working Paper No. w23249
Number of pages: 55 Posted: 20 Mar 2017 Last Revised: 12 Jul 2023
Juliane Begenau and Berardino Palazzo
Stanford University - Graduate School of Business and Board of Governors of the Federal Reserve System
Downloads 41 (762,318)

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5.

The Risks of Old Capital Age: Asset Pricing Implications of Technology Adoption

Number of pages: 59 Posted: 09 Dec 2014 Last Revised: 12 Apr 2019
Xiaoji Lin, Berardino Palazzo and Fan Yang
University of Minnesota, Board of Governors of the Federal Reserve System and University of Connecticut - Department of Finance
Downloads 571 (86,596)
Citation 15

Abstract:

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Technology adoption, technology frontier shock, capital age, stock returns

6.

Inflation Surprises and Equity Returns

Number of pages: 48 Posted: 22 Nov 2022 Last Revised: 05 Dec 2023
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 496 (103,184)

Abstract:

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Inflation surprises, equity returns, firm characteristics

7.

Debt Issue Motives and Earnings Optimism

Number of pages: 44 Posted: 18 Jan 2016 Last Revised: 01 Apr 2018
R. David McLean and Berardino Palazzo
Georgetown University - McDonough School of Business and Board of Governors of the Federal Reserve System
Downloads 307 (177,149)
Citation 4

Abstract:

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debt issues; analyst forecast error; earnings surprises; rollovers; liquidity squeezes; leverage; maturity structure

8.
Downloads 295 (184,742)

Equity Financing Risk

Number of pages: 55 Posted: 21 Dec 2017 Last Revised: 31 Jan 2019
Mamdouh Medhat and Berardino Palazzo
Dimensional Fund Advisors and Board of Governors of the Federal Reserve System
Downloads 170 (311,359)

Abstract:

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Equity returns, R&D, financing constraints, equity issuances, factor models

Equity Financing Risk

FEDS Working Paper No. 2020-37
Number of pages: 62 Posted: 12 Jun 2020 Last Revised: 24 Jun 2022
Mamdouh Medhat and Berardino Palazzo
Dimensional Fund Advisors and Board of Governors of the Federal Reserve System
Downloads 125 (400,633)

Abstract:

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Equity returns, R&, D, Factor models, equity issuances, Financing constraints

Credit Risk and the Transmission of Interest Rate Shocks

Journal of Monetary Economics, Forthcoming
Number of pages: 70 Posted: 08 Mar 2021 Last Revised: 24 Jun 2022
Berardino Palazzo and Ram Yamarthy
Board of Governors of the Federal Reserve System and Board of Governors of the Federal Reserve System
Downloads 126 (398,157)

Abstract:

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Credit risk, CDS, monetary policy, shock transmission, equity returns

Credit Risk and the Transmission of Interest Rate Shocks

OFR 20-05
Number of pages: 70 Posted: 07 Dec 2020
Berardino Palazzo and Ram Yamarthy
Board of Governors of the Federal Reserve System and Board of Governors of the Federal Reserve System
Downloads 115 (426,766)
Citation 1

Abstract:

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credit risk, CDS, monetary policy, shock transmission, equity returns

10.
Downloads 166 (318,035)
Citation 105

Entry, Exit, Firm Dynamics, and Aggregate Fluctuations

Number of pages: 34 Posted: 10 May 2011
Gian Luca Clementi and Berardino Palazzo
New York University - Leonard N. Stern School of Business and Board of Governors of the Federal Reserve System
Downloads 111 (438,221)
Citation 4

Abstract:

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Selection, Propagation, Persistence, Survival, Reallocation

Entry, Exit, Firm Dynamics, and Aggregate Fluctuations

NBER Working Paper No. w19217
Number of pages: 38 Posted: 12 Jul 2013 Last Revised: 06 Jul 2023
Gian Luca Clementi and Berardino Palazzo
New York University - Leonard N. Stern School of Business and Board of Governors of the Federal Reserve System
Downloads 55 (670,465)
Citation 70

Abstract:

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11.

Young Firms and Monetary Policy Transmission

Number of pages: 62 Posted: 08 Dec 2020 Last Revised: 03 Feb 2021
Bank of ItalyInternational Monetary Fund (IMF) - International Capital Markets Department, International Monetary Fund (IMF) and Board of Governors of the Federal Reserve System
Downloads 142 (363,854)
Citation 1

Abstract:

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firm demographics, business dynamism, monetary policy, local projections, U.S. states.

12.

Market Leverage and Financial Soundness

Number of pages: 60 Posted: 01 Dec 2023 Last Revised: 05 Feb 2024
Berardino Palazzo, Raffaele Corvino and Federico Maglione
Board of Governors of the Federal Reserve System, University of Torino & CERP and University of Florence - Department of Economics and Management
Downloads 45 (716,747)

Abstract:

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Nowcasting, Market Leverage, Financial Soundness, Predictability

13.

Investment and the Cross-Section of Equity Returns

NBER Working Paper No. w21064
Number of pages: 49 Posted: 06 Apr 2015 Last Revised: 23 Jul 2023
Gian Luca Clementi and Berardino Palazzo
New York University - Leonard N. Stern School of Business and Board of Governors of the Federal Reserve System
Downloads 32 (809,571)
Citation 8

Abstract:

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14.

Net Leverage, Risk, and Credit Spreads

Midwest Finance Association 2013 Annual Meeting Paper
Number of pages: 39 Posted: 06 Sep 2012
Berardino Palazzo
Board of Governors of the Federal Reserve System
Downloads 24 (876,854)

Abstract:

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expected equity returns, net leverage, credit spreads

15.

Corporate Profits in the Aftermath of COVID-19

FEDS Notes No. 2023-09-08-5
Posted: 17 Oct 2023
Berardino Palazzo
Board of Governors of the Federal Reserve System

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16.

The Post-COVID Stock Listing Boom

FEDS Notes No. 2022-06-17-1
Posted: 24 Jun 2022
Christine Dobridge, Rebecca John and Berardino Palazzo
Board of Governors of the Federal Reserve System, Independent and Board of Governors of the Federal Reserve System

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17.

Macroeconomic News and Stock Prices over the FOMC Cycle

FEDS Notes No. 2020-10-14-1 https://doi.org/10.17016/2380-7172.2745
Posted: 21 Oct 2020
Jack McCoy, Michele Modugno, Berardino Palazzo and Steven A. Sharpe
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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18.

Spike in 2019Q1 Leverage Ratios: The Impact of Operating Leases

FEDS Notes No. 2019-12-13-2 https://doi.org/10.17016/2380-7172.2464
Posted: 19 Dec 2019
Berardino Palazzo and Jie Yang
Board of Governors of the Federal Reserve System and Board of Governors of the Federal Reserve System

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