Shai Bernstein

Harvard University - Business School (HBS)

Boston, MA 02163

United States

SCHOLARLY PAPERS

20

DOWNLOADS
Rank 4,642

SSRN RANKINGS

Top 4,642

in Total Papers Downloads

16,989

TOTAL CITATIONS
Rank 1,074

SSRN RANKINGS

Top 1,074

in Total Papers Citations

743

Scholarly Papers (20)

1.

Attracting Early Stage Investors: Evidence from a Randomized Field Experiment

Journal of Finance, Forthcoming, Rock Center for Corporate Governance at Stanford University Working Paper No. 185, Stanford University Graduate School of Business Research Paper No. 14-17
Number of pages: 47 Posted: 02 May 2014 Last Revised: 28 Aug 2015
Shai Bernstein, Arthur G. Korteweg and Kevin Laws
Harvard University - Business School (HBS), University of Southern California - Marshall School of Business and AngelList
Downloads 3,515 (6,716)
Citation 43

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Angel investors, early stage firms, entrepreneurship, crowdfunding, theory of the firm, portfolio selection, correspondence testing

2.
Downloads 2,514 (11,418)
Citation 42

Private Equity and Industry Performance

Harvard Business School Entrepreneurial Management Working Paper No. 10-045, AFA 2011 Denver Meetings Paper
Number of pages: 49 Posted: 18 Dec 2009 Last Revised: 29 Aug 2011
Harvard University - Business School (HBS), Harvard Business School - Finance Unit, Dartmouth College - Tuck School of Business and Swedish House of Finance
Downloads 1,664 (21,514)

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Private Equity and Industry Performance

Netspar Discussion Paper No. 06/2014-023, Stanford University Graduate School of Business Research Paper No. 14-25
Number of pages: 47 Posted: 02 Jul 2014
Harvard University - Business School (HBS), Harvard Business School - Finance Unit, Dartmouth College - Tuck School of Business and Swedish House of Finance
Downloads 671 (77,764)
Citation 13

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Private Equity and Industry Performance

NBER Working Paper No. w15632
Number of pages: 40 Posted: 11 Jan 2010 Last Revised: 29 Oct 2022
Harvard University - Business School (HBS), Harvard Business School - Finance Unit, Dartmouth College - Tuck School of Business and Swedish House of Finance
Downloads 179 (332,563)
Citation 29

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3.
Downloads 2,090 (15,307)
Citation 152

Does Going Public Affect Innovation?

Number of pages: 72 Posted: 17 May 2012 Last Revised: 12 Dec 2012
Shai Bernstein
Harvard University - Business School (HBS)
Downloads 1,576 (23,372)
Citation 90

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Does Going Public Affect Innovation?

Journal of Finance, Forthcoming
Number of pages: 55 Posted: 18 Dec 2012 Last Revised: 06 Aug 2014
Shai Bernstein
Harvard University - Business School (HBS)
Downloads 514 (108,810)
Citation 62

Abstract:

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going public, innovation

4.

The Impact of Venture Capital Monitoring

Journal of Finance, Forthcoming
Number of pages: 45 Posted: 15 Dec 2015
Shai Bernstein, Xavier Giroud and Richard R. Townsend
Harvard University - Business School (HBS), Columbia University - Columbia Business School, Finance and University of California, San Diego (UCSD) - Rady School of Management
Downloads 1,599 (23,244)
Citation 255

Abstract:

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Venture Capital, Monitoring, Innovation, Agglomeration

5.

The Operational Consequences of Private Equity Buyouts: Evidence from the Restaurant Industry

Rock Center for Corporate Governance at Stanford University Working Paper No. 156
Number of pages: 49 Posted: 08 Oct 2013 Last Revised: 13 Jan 2014
Shai Bernstein and Albert Sheen
Harvard University - Business School (HBS) and University of Oregon - Department of Finance
Downloads 1,448 (26,991)
Citation 92

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Private Equity, Management Practices, Operational Performance, Restaurant Industry, Franchisees

6.
Downloads 1,286 (32,161)
Citation 39

The Investment Strategies of Sovereign Wealth Funds

Harvard Business School Finance Working Paper No. 09-112, FEEM Working Paper No. 25.2009
Number of pages: 55 Posted: 31 Mar 2009
Shai Bernstein, Josh Lerner and Antoinette Schoar
Harvard University - Business School (HBS), Harvard Business School - Finance Unit and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 1,141 (37,560)
Citation 14

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investments, public finance, private equity, general finance, countries & regions, financial services

The Investment Strategies of Sovereign Wealth Funds

NBER Working Paper No. w14861
Number of pages: 53 Posted: 13 Apr 2009 Last Revised: 11 Aug 2022
Shai Bernstein, Josh Lerner and Antoinette Schoar
Harvard University - Business School (HBS), Harvard Business School - Finance Unit and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 145 (398,555)
Citation 25

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The Dance Between Government and Private Investors: Public Entrepreneurial Finance around the Globe

Number of pages: 82 Posted: 26 Apr 2021 Last Revised: 15 Mar 2022
Jessica Bai, Shai Bernstein, Abhishek Dev and Josh Lerner
Harvard University, Department of Economics, Harvard University - Business School (HBS), Yale School of Management and Harvard Business School - Finance Unit
Downloads 1,173 (36,153)

Abstract:

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Venture capital, subsidy, industrial policy

The Dance between Government and Private Investors: Public Entrepreneurial Finance Around the Globe

NBER Working Paper No. w28744
Number of pages: 81 Posted: 03 May 2021 Last Revised: 23 Mar 2023
Jessica Bai, Shai Bernstein, Abhishek Dev and Josh Lerner
Harvard University, Department of Economics, Harvard University - Business School (HBS), Yale School of Management and Harvard Business School - Finance Unit
Downloads 48 (792,862)
Citation 2

Abstract:

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Private Equity and Financial Fragility During the Crisis

Number of pages: 59 Posted: 19 Oct 2019
Shai Bernstein, Josh Lerner and Filippo Mezzanotti
Harvard University - Business School (HBS), Harvard Business School - Finance Unit and Kellogg School of Management - Department of Finance
Downloads 400 (147,169)
Citation 5

Abstract:

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Private Equity and Financial Fragility During the Crisis

NBER Working Paper No. w23626
Number of pages: 60 Posted: 04 Aug 2017 Last Revised: 23 Jul 2023
Shai Bernstein, Josh Lerner and Filippo Mezzanotti
Harvard University - Business School (HBS), Harvard Business School - Finance Unit and Kellogg School of Management - Department of Finance
Downloads 324 (184,987)
Citation 7

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Flight to Safety: How Economic Downturns Affect Talent Flows to Startups

Number of pages: 85 Posted: 08 Oct 2020 Last Revised: 23 May 2023
Shai Bernstein, Richard Townsend and Ting Xu
Harvard University - Business School (HBS), University of California, San Diego (UCSD) - Rady School of Management and University of Toronto, Rotman School of Management
Downloads 374 (158,124)

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Flight to Safety: How Economic Downturns Affect Talent Flows to Startups

NBER Working Paper No. w27907
Number of pages: 65 Posted: 07 Oct 2020 Last Revised: 03 Apr 2022
Shai Bernstein, Richard Townsend and Ting Xu
Harvard University - Business School (HBS), University of California, San Diego (UCSD) - Rady School of Management and University of Toronto, Rotman School of Management
Downloads 72 (651,160)
Citation 7

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10.

Do Startups Benefit from Their Investors' Reputation? Evidence from a Randomized Field Experiment

Darden Business School Working Paper No. 4036022
Number of pages: 58 Posted: 16 Feb 2022 Last Revised: 30 Sep 2022
Shai Bernstein, Kunal Mehta, Richard Townsend and Ting Xu
Harvard University - Business School (HBS), AngelList LLC, University of California, San Diego (UCSD) - Rady School of Management and University of Toronto, Rotman School of Management
Downloads 396 (149,791)

Abstract:

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Venture Capital, Startup Labor Market, Human Capital, Job Search, Randomized Field Experiment, Certification Effect

11.
Downloads 336 (179,956)
Citation 14

Asset Allocation in Bankruptcy

Journal of Finance, Forthcoming
Number of pages: 119 Posted: 11 Oct 2015 Last Revised: 10 Jun 2018
Harvard University - Business School (HBS), University of Chicago - Booth School of Business and Brigham Young University
Downloads 251 (241,333)

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capital allocation, bankruptcy, liquidation, fire sales

Asset Allocation in Bankruptcy

NBER Working Paper No. w23305
Number of pages: 55 Posted: 03 Apr 2017 Last Revised: 06 Mar 2023
Harvard University - Business School (HBS), University of Chicago - Booth School of Business and Brigham Young University
Downloads 85 (595,204)
Citation 14

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The Creation and Evolution of Entrepreneurial Public Markets

Harvard Business School Entrepreneurial Management Working Paper No. 19-061, Harvard Business School Finance Working Paper No. 19-061, Stanford University Graduate School of Business Research Paper No. 19-13
Number of pages: 103 Posted: 19 Dec 2018
Shai Bernstein, Abhishek Dev and Josh Lerner
Harvard University - Business School (HBS), Yale School of Management and Harvard Business School - Finance Unit
Downloads 247 (245,270)
Citation 13

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The Creation and Evolution of Entrepreneurial Public Markets

NBER Working Paper No. w25414
Number of pages: 59 Posted: 31 Dec 2018 Last Revised: 11 Jun 2023
Shai Bernstein, Abhishek Dev and Josh Lerner
Harvard University - Business School (HBS), Yale School of Management and Harvard Business School - Finance Unit
Downloads 51 (772,163)

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13.
Downloads 229 (265,348)
Citation 58

Bankruptcy Spillovers

US Census Bureau Center for Economic Studies Paper No. CES-WP-17-16, Stanford University Graduate School of Business Research Paper No. 17-19
Number of pages: 43 Posted: 22 Feb 2017
Harvard University - Business School (HBS), University of Chicago - Booth School of Business, Columbia University - Columbia Business School, Finance and Brigham Young University
Downloads 173 (342,795)

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Bankruptcy Spillovers

NBER Working Paper No. w23162
Number of pages: 43 Posted: 13 Feb 2017 Last Revised: 16 Apr 2023
Harvard University - Business School (HBS), University of Chicago - Booth School of Business, Columbia University - Columbia Business School, Finance and Brigham Young University
Downloads 56 (739,696)
Citation 58

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14.

Who Creates New Firms When Local Opportunities Arise?

Number of pages: 73 Posted: 21 Mar 2018 Last Revised: 30 Dec 2020
Harvard University - Business School (HBS), University of Chicago - Booth School of Business, International Monetary Fund and Stanford University
Downloads 208 (290,529)

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Do Startups Benefit from Their Investors’ Reputation? Evidence from a Randomized Field Experiment

Harvard Business School Entrepreneurial Management Working Paper No. 22-060, Harvard Business School Finance Working Paper No. 22-060, Darden Business School Working Paper No. 4060288
Number of pages: 57 Posted: 21 Mar 2022
Shai Bernstein, Kunal Mehta, Richard Townsend and Ting Xu
Harvard University - Business School (HBS), AngelList LLC, University of California, San Diego (UCSD) - Rady School of Management and University of Toronto, Rotman School of Management
Downloads 183 (325,946)

Abstract:

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venture capital, startup labor market, human capital, job search, randomized field experiment, certification effect

Do Startups Benefit from Their Investors’ Reputation? Evidence from a Randomized Field Experiment

NBER Working Paper No. w29847
Number of pages: 56 Posted: 21 Mar 2022 Last Revised: 22 Jul 2023
Shai Bernstein, Kunal Mehta, Richard Townsend and Ting Xu
Harvard University - Business School (HBS), Independent Researcher, University of California, San Diego (UCSD) - Rady School of Management and University of Toronto, Rotman School of Management
Downloads 19 (1,061,454)

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16.

Do Household Wealth Shocks Affect Productivity? Evidence from Innovative Workers During the Great Recession

NBER Working Paper No. w24011
Number of pages: 58 Posted: 13 Nov 2017 Last Revised: 09 Feb 2023
Shai Bernstein, Timothy McQuade and Richard Townsend
Harvard University - Business School (HBS), Stanford University and University of California, San Diego (UCSD) - Rady School of Management
Downloads 174 (341,581)
Citation 5

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Life After Death: A Field Experiment with Small Businesses on Information Frictions, Stigma, and Bankruptcy

Number of pages: 57 Posted: 03 Feb 2022 Last Revised: 30 May 2023
Harvard University - Business School (HBS), University of Chicago - Booth School of Business, University of Toronto - Rotman School of Management and Brigham Young University
Downloads 148 (391,966)

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bankruptcy, small businesses, behavioral firms, information frictions, stigma

Life after Death: A Field Experiment with Small Businesses on Information Frictions, Stigma, and Bankruptcy

NBER Working Paper No. w30933
Number of pages: 45 Posted: 13 Feb 2023 Last Revised: 12 Jul 2023
Harvard University - Business School (HBS), University of Chicago - Booth School of Business, University of Toronto - Rotman School of Management and Brigham Young University
Downloads 5 (1,237,016)
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18.
Downloads 122 (455,277)
Citation 2

Who Creates New Firms When Local Opportunities Arise?

IMF Working Paper No. 18/215
Number of pages: 74 Posted: 16 Oct 2018
Harvard University - Business School (HBS), University of Chicago - Booth School of Business, International Monetary Fund and Stanford University
Downloads 89 (573,853)

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Brazil, Commodities, Western Hemisphere, Entrepreneurship, Firms, Financial Development

Who Creates New Firms When Local Opportunities Arise?

NBER Working Paper No. w25112
Number of pages: 75 Posted: 01 Oct 2018 Last Revised: 12 Feb 2023
Harvard University - Business School (HBS), University of Chicago - Booth School of Business, International Monetary Fund and Stanford University
Downloads 33 (914,688)
Citation 2

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19.

The Contribution of High-Skilled Immigrants to Innovation in the United States

NBER Working Paper No. w30797
Number of pages: 72 Posted: 26 Dec 2022 Last Revised: 14 Apr 2023
Harvard University - Business School (HBS), Stanford Graduate School of Business, Stanford University, University of California, Berkeley and Stanford University
Downloads 28 (934,582)
Citation 7

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20.

The Effects of Public and Private Equity Markets on Firm Behavior

Annual Review of Financial Economics, Vol. 14, pp. 295-318, 2022
Posted: 10 Nov 2022
Shai Bernstein
Harvard University - Business School (HBS)

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