Michael Simkovic

Seton Hall Law School

Associate Professor of Law

One Newark Center

Newark, NJ 07102-5210

United States

Harvard Law School - John M. Olin Center for Law and Economics

Cambridge, MA 02138

United States

SCHOLARLY PAPERS

25

DOWNLOADS
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in Total Papers Downloads

35,613

CITATIONS
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SSRN RANKINGS

Top 15,827

in Total Papers Citations

22

Scholarly Papers (25)

Competition and Crisis in Mortgage Securitization

Indiana Law Journal, Vol. 88, p.213, (2013)
Number of pages: 59 Posted: 10 Sep 2011 Last Revised: 22 Sep 2013
Michael Simkovic
Seton Hall Law School
Downloads 8,588 (399)

Abstract:

mortgage, securitization, GSE, Fannie, Freddie, privatization, market structure, competition, bailout, taxpayer, treasury, underwriting, risk

Competition and Crisis in Mortgage Securitization

Canadian Law & Economics Association Conference, September 2011
Number of pages: 54 Posted: 02 Oct 2011 Last Revised: 11 Jan 2012
Michael Simkovic
Seton Hall Law School
Downloads 633 (30,957)

Abstract:

mortgage, securitization, GSE, Fannie, Freddie, privatization, market structure, competition, bailout, taxpayer, treasury, underwriting, risk

2.
Downloads 6,204 ( 711)

The Economic Value of a Law Degree

HLS Program on the Legal Profession Research Paper No. 2013-6
Number of pages: 68 Posted: 14 Apr 2013 Last Revised: 26 Nov 2014
Michael Simkovic and Frank McIntyre
Seton Hall Law School and Rutgers Business School Newark and New Brunswick
Downloads 3,952 (1,541)

Abstract:

Economic Value of a Law Degree, Law School Crisis, Human Capital, Labor Economics, Valuation, Tamanaha, Schlunk, Empirical, Earnings, Wage, Work Hours

The Economic Value of a Law Degree, Powerpoint Presentation

2013 American Law & Economics Conference, Vanderbilt Law School, Nashville, Tennessee
Number of pages: 129 Posted: 26 May 2013 Last Revised: 26 Nov 2014
Michael Simkovic and Frank McIntyre
Seton Hall Law School and Rutgers Business School Newark and New Brunswick
Downloads 1,852 (5,808)

Abstract:

Economic Value of a Law Degree, Law School Crisis, Human Capital, Labor Economics, Valuation, Tamanaha, Schlunk, Empirical, Earnings, Wage, Work Hours

The Economic Value of a Law Degree

Number of pages: 46 Posted: 16 Jan 2014 Last Revised: 25 Nov 2014
Michael Simkovic and Frank McIntyre
Seton Hall Law School and Rutgers Business School Newark and New Brunswick
Downloads 400 (55,987)

Abstract:

Economic Value of a Law Degree, Law School Crisis, Human Capital, Labor Economics, Valuation, Tamanaha, Schlunk, Empirical, Earnings, Wage, Work Hours

3.

Secret Liens and the Financial Crisis of 2008

American Bankruptcy Law Journal, Vol. 83, p. 253, 2009
Number of pages: 44 Posted: 05 Jan 2009 Last Revised: 16 Oct 2009
Michael Simkovic
Seton Hall Law School
Downloads 5,278 (732)
Citation 1

Abstract:

systemic risk, bankruptcy, secret liens, common law, disclosure, leverage, derivatives, asset securitization, credit default swap, cds, collateralized debt obligation, cdo, mortgage backed security, priority, security interest, securitization, transparency, financial crisis, bailout

4.
Downloads 2,626 ( 3,264)

Risk-Based Student Loans

Washington and Lee Law Review, Vol. 70, No. 1, p. 527, 2013
Number of pages: 122 Posted: 08 Dec 2011 Last Revised: 05 May 2013
Michael Simkovic
Seton Hall Law School
Downloads 2,222 (4,237)

Abstract:

student loan, consumer credit, labor market, structural unemployment, cob web cycles, active labor market policies, risk-based pricing, risk based pricing, education, bankruptcy, human capital

Risk Based Student Loans -- Powerpoint Presentation

Number of pages: 36 Posted: 01 Aug 2012 Last Revised: 15 Apr 2013
Michael Simkovic
Seton Hall Law School
Downloads 404 (55,317)

Abstract:

student loan, consumer credit, labor market, structural unemployment, cob web cycles, active labor market policies, risk-based pricing, risk based pricing, education, bankruptcy

5.

Leveraged Buyout Bankruptcies, the Problem of Hindsight Bias, and the Credit Default Swap Solution

Columbia Business Law Review, Vol. 2011, No. 1, p. 118, 2011, Seton Hall Public Law Research Paper No. 1632084
Number of pages: 104 Posted: 17 Jul 2010 Last Revised: 25 Apr 2011
Michael Simkovic and Benjamin Kaminetzky
Seton Hall Law School and Davis Polk & Wardwell LLP - New York Office
Downloads 2,111 (3,549)
Citation 1

Abstract:

LBO, Leveraged Buyout, Bankruptcy, Banking, Psychology, Predicting Default, Credit Default Swap, Bond Spread, Credit Spread, Structural Model, KMV, Merton, Market-Implied Probability, Risk, Hindsight, Hindsight Bias, Judicial Decision Making, Equity, Debt, Derivatives, Fixed Income, Spread

6.

The Effect of BAPCPA on Credit Card Industry Profits and Prices

American Bankruptcy Law Journal, Vol. 83, No. 1, 2009
Number of pages: 26 Posted: 09 Jul 2008 Last Revised: 01 Jul 2009
Michael Simkovic
Seton Hall Law School
Downloads 1,252 (10,209)
Citation 3

Abstract:

Bankruptcy, Credit Card, Credit Cards, Credit, Consumer, Legal Change, Debt, Bankruptcy Reform, Elizabeth Warren, Todd Zywicki, Economics, Finance, Law and Economics, Competitive Markets, Rationality, Bounded Rationality, Behavioral Economics, Free Market, Bankruptcy Tax, Strategic Bankruptcy

The Effects of Ownership and Stock Liquidity on the Timing of Repurchase Transactions

Number of pages: 59 Posted: 12 Jul 2011 Last Revised: 26 Aug 2012
University of Manchester - Alliance Manchester Business School - Finance & Accounting Group, University of Manchester - Manchester Business School, University of Manchester - Manchester Business School, Division of Accounting Finance and Seton Hall Law School
Downloads 894 (18,856)
Citation 4

Abstract:

open market repurchase, timing, ownership, liquidity

The Effects of Ownership and Stock Liquidity on the Timing of Repurchase Transactions

Journal of Corporate Finance, Vol. 18, 2012
Number of pages: 59 Posted: 01 Jul 2011 Last Revised: 26 Aug 2012
University of Manchester - Alliance Manchester Business School - Finance & Accounting Group, University of Manchester - Manchester Business School, University of Manchester - Manchester Business School, Division of Accounting Finance and Seton Hall Law School
Downloads 101 (211,995)
Citation 4

Abstract:

Open market repurchase, timing, ownership, liquidity

The Effect of Enhanced Disclosure on Open Market Stock Repurchases

Berkeley Business Law Journal, Vol. 6, No. 1, Spring 2009
Number of pages: 40 Posted: 24 Jun 2009
Michael Simkovic
Seton Hall Law School
Downloads 727 (25,533)
Citation 4

Abstract:

Payout, Payout Policy, Cash disbursement, Cash distribution, Stock Repurchase, Repurchase, Share Repurchase, Open Market Repurchase, Open Market Stock Repurchase, Disclosure, SEC, Financial Regulation

The Effect of Enhanced Disclosure on Open Market Stock Repurchases

Number of pages: 36 Posted: 14 May 2007
Michael Simkovic
Seton Hall Law School
Downloads 264 (90,304)
Citation 4

Abstract:

Payout, Payout Policy, Cash disbursement, Cash distribution, Stock Repurchase, Repurchase, Share Repurchase, Open Market Repurchase, Open Market Stock Repurchase, Disclosure, SEC, Financial Regulation

9.
Downloads 794 ( 22,901)

Timing Law School

Journal of Empirical Legal Studies (2016), HLS Center on the Legal Profession Research Paper No. 2015-4
Number of pages: 40 Posted: 08 Mar 2015 Last Revised: 09 Sep 2016
Frank McIntyre and Michael Simkovic
Rutgers Business School Newark and New Brunswick and Seton Hall Law School
Downloads 726 (25,584)

Abstract:

cohort effects, labor economics, earnings premium, law school, unemployment, timing, lawyers, legal profession, education, prediction, forecasting, starting salary, NALP, BLS Projections, Job Opening Projections, class size, economic value of a law degree, recession, After the JD

Timing Law School (Presentation Slides)

Number of pages: 99 Posted: 01 Jun 2015 Last Revised: 03 Aug 2015
Michael Simkovic and Frank McIntyre
Seton Hall Law School and Rutgers Business School Newark and New Brunswick
Downloads 68 (271,882)

Abstract:

cohort effects, labor economics, earnings premium, law school, unemployment, timing, lawyers, legal profession, education, prediction, forecasting, starting salary, NALP, BLS Projections, Job Opening Projections, class size, economic value of a law degree, recession, graduation

10.

Powerpoint: Bankruptcy Immunities, Transparency, and Capital Structure

Presentation at the World Bank, January 11, 2011, Seton Hall Public Law Research Paper No. 1738539
Number of pages: 31 Posted: 12 Jan 2011 Last Revised: 19 Feb 2011
Michael Simkovic
Seton Hall Law School
Downloads 740 (23,509)

Abstract:

Derivatives, Financial Crisis, Repo, CDS, Bankruptcy

11.

Populist Outrage, Reckless Empirics: A Review of Failing Law Schools

Number of pages: 27 Posted: 06 Aug 2013 Last Revised: 26 Nov 2014
Michael Simkovic and Frank McIntyre
Seton Hall Law School and Rutgers Business School Newark and New Brunswick
Downloads 695 (26,424)

Abstract:

Economic value of a law degree, failing law schools, Tamanaha, labor economics, legal education, law school crisis, law school reform, Human Capital

12.

Paving the Way for the Next Financial Crisis

Banking & Financial Services Policy Report, Vol. 29, No. 3, 2010
Number of pages: 20 Posted: 08 Apr 2010
Michael Simkovic
Seton Hall Law School
Downloads 522 (38,864)

Abstract:

Financial Crisis, Derivative, CDO, Credit Default Swap, CDS, Regulation, Financial Reform, Financial Regulation, Disclosure, Credit, Credit Crunch, Credit Crisis, Bankruptcy, AIG, Lehman, Citi, Citibank, Congress

13.

The Effects of Ownership and Stock Liquidity on the Timing of Repurchase Transactions

5th Annual Conference on Empirical Legal Studies Paper
Number of pages: 52 Posted: 27 May 2009 Last Revised: 26 Aug 2012
University of Manchester - Alliance Manchester Business School - Finance & Accounting Group, University of Manchester - Manchester Business School, University of Manchester - Manchester Business School, Division of Accounting Finance and Seton Hall Law School
Downloads 280 (82,498)
Citation 5

Abstract:

repurchase, timing, insider ownership, institutional ownership

14.

The Knowledge Tax

82 University of Chicago Law Review 1981 (2015)
Number of pages: 63 Posted: 20 Jan 2015 Last Revised: 18 Dec 2015
Michael Simkovic
Seton Hall Law School
Downloads 212 (25,718)

Abstract:

labor economics, human capital, tax, taxation, optimal tax, distortion, economic growth, investment, higher education, post-secondary education, misallocation of capital, tuition, student loan, student loans, amortization, deduction, earnings premium, payroll tax, income tax, capital gains

15.
Downloads 157 (143,379)

Abstract:

systemic risk, bankruptcy, secret liens, common law, disclosure, leverage, derivatives, asset securitization, credit default swap, cds, collateralized debt obligation, cdo, mortgage backed security, priority, security interest, securitization, transparency, financial crisis, bailout

16.
Downloads 148 (155,665)

Abstract:

17.

Credit Card Reform and Bankruptcy Reform

Norton Bankruptcy Law Adviser, No. 10, p. 1, October 2009
Number of pages: 13 Posted: 04 Mar 2010 Last Revised: 04 Sep 2012
Michael Simkovic
Seton Hall Law School
Downloads 132 (160,264)

Abstract:

credit card, bankruptcy, reform, regulation, consumer protection

18.

Amicus Brief: In Re Lyondell Chemical Company

Number of pages: 128 Posted: 02 Oct 2011
Michael Simkovic
Seton Hall Law School
Downloads 87 (216,745)

Abstract:

Lyondell, Fraudulent Transfer,LBO, Leveraged Buyout, Bankruptcy, Banking, Psychology, Predicting Default, Credit Default Swap, Bond Spread, Credit Spread, Structural Model, KMV, Merton, Market-Implied Probability, Risk, Hindsight, Hindsight Bias, Judicial Decision Making

The Effects of Ownership and Stock Liquidity on the Timing of Repurchase Transactions

Stanford-Yale Junior Faculty Forum, Summer 2011
Number of pages: 29 Posted: 02 Oct 2011
Michael Simkovic
Seton Hall Law School
Downloads 71 (265,291)
Citation 4

Abstract:

open market repurchase, timing, ownership, liquidity

The Effects of Ownership and Stock Liquidity on the Timing of Repurchase Transactions

Journal of Corporate Finance, Vol. 18, 2012
Posted: 18 Aug 2012
University of Manchester - Alliance Manchester Business School - Finance & Accounting Group, University of Manchester - Manchester Business School, University of Manchester - Manchester Business School, Division of Accounting Finance and Seton Hall Law School

Abstract:

Open market repurchase, timing, ownership, liquidity

20.

A Value-Added Perspective on Higher Education

U.C. Irvine L. Rev. (2016) (Symposium)
Number of pages: 11 Posted: 02 Sep 2015
Michael Simkovic
Seton Hall Law School
Downloads 7 (218,255)

Abstract:

labor economics, higher education, student loans

21.

The Evolution of Valuation in Bankruptcy

will be presented at 2016 National Conference of Bankruptcy Judges; Am. Bankr. L. J. (Forthcoming), Seton Hall Public Law Research Paper
Number of pages: 8 Posted: 19 Jul 2016
Michael Simkovic
Seton Hall Law School
Downloads 0 (92,643)

Abstract:

bankruptcy, 363 sale, reorganization, solvency, adequate capital, discounted cash flow, capitalization rate, multiples, comparable companies, comparable transactions, credit spread, probability of default, credit default swap, corporate bond, credit derivative, auction, VFB, Iridium, Tousa

22.

What Can We Learn from Credit Markets?

Proceedings of the 93rd Annual Meeting of the American Law Institute, Washington, D.C. (2016), Seton Hall Public Law Research Paper
Number of pages: 13 Posted: 23 May 2016 Last Revised: 10 Sep 2016
Michael Simkovic
Seton Hall Law School
Downloads 0 (94,560)

Abstract:

credit, bankruptcy, markets, loans, credit, economics, statistics, holmes

23.

Making Fraudulent Transfer Law More Predictable

Michael Simkovic, Making Fraudulent Transfer Law More Predictable, Handbook on Bankruptcy, Barry Adler, ed. (Edward Elgar 2016), Seton Hall Public Law Research Paper
Number of pages: 53 Posted: 07 May 2016 Last Revised: 22 Jul 2016
Michael Simkovic
Seton Hall Law School
Downloads 0 (166,770)

Abstract:

Solvency, Adequate Capitalization, Fraudulent Transfer, Fraudulent Conveyance, Voidable Transactions, Preference, Insolvent, Solvent, Default, Bankruptcy, Credit Default Swap, Corporate Bond Spread, Probability of Default, Recovery Rate, Credit Spread, Distress, Chapter 11, leverage, expert witness

24.

Taxes, Subsidies, and Knowledge: A Reply to Professor Oei

83 U. Chi. L. Rev. Online 1, 2016
Number of pages: 11 Posted: 14 Apr 2016 Last Revised: 14 Jul 2016
Michael Simkovic
Seton Hall Law School
Downloads 0 (327,461)

Abstract:

labor economics, human capital, tax, taxation, optimal tax, distortion, economic growth, investment, higher education, post-secondary education, misallocation of capital, tuition, student loan, student loans, amortization, deduction, earnings premium, payroll tax, income tax, capital gains

25.

Value of a Law Degree by College Major

Access Group Center for Research & Policy Analysis Research Paper No. 16-03, Seton Hall Public Law Research Paper
Number of pages: 23 Posted: 07 Mar 2016 Last Revised: 09 Sep 2016
Frank McIntyre and Michael Simkovic
Rutgers Business School Newark and New Brunswick and Seton Hall Law School
Downloads 0 (69,890)

Abstract:

labor economics, earnings premium, law school, lawyers, legal profession, college major, field of study, education, economic value of a law degree, SIPP, ACS, Census, American Community Survey, Survey of Income and Program Participation