Lukas Schmid

Duke University - The Fuqua School of Business

Durham, NC 27708-0120

United States

SCHOLARLY PAPERS

16

DOWNLOADS
Rank 3,872

SSRN RANKINGS

Top 3,872

in Total Papers Downloads

8,022

CITATIONS
Rank 5,769

SSRN RANKINGS

Top 5,769

in Total Papers Citations

88

Scholarly Papers (16)

1.

Investment-Based Corporate Bond Pricing

Journal of Finance, Forthcoming
Number of pages: 57 Posted: 20 Sep 2011 Last Revised: 10 Jun 2014
Lars-Alexander Kuehn and Lukas Schmid
Carnegie Mellon University - David A. Tepper School of Business and Duke University - The Fuqua School of Business
Downloads 975 (12,528)
Citation 3

Abstract:

Real investment, dynamic capital structure, default risk, credit spreads, recursive preferences, macroeconomic risk

2.

Innovation, Growth, and Asset Prices

AFA 2012 Chicago Meetings Paper
Number of pages: 50 Posted: 21 Mar 2011 Last Revised: 12 Jun 2014
Howard Kung and Lukas Schmid
London Business School and Duke University - The Fuqua School of Business
Downloads 944 (13,787)
Citation 10

Abstract:

Endogenous growth, asset pricing, innovation, R&D, productivity, recursive preferences

3.

Fiscal Policies and Asset Prices

Review of Financial Studies, Forthcoming
Number of pages: 47 Posted: 15 Jun 2011 Last Revised: 03 Oct 2012
University of North Carolina Kenan-Flagler Business School, London Business School, Ohio State University (OSU) - Department of Finance and Duke University - The Fuqua School of Business
Downloads 908 (15,359)
Citation 10

Abstract:

cost of equity, corporate tax uncertainty, tax smoothing

4.
Downloads 887 ( 19,430)
Citation 10

Equilibrium Credit Spreads and the Macroeconomy

AFA 2010 Atlanta Meetings Paper
Number of pages: 46 Posted: 18 Mar 2009 Last Revised: 15 Jun 2011
Joao F. Gomes and Lukas Schmid
The Wharton School and Duke University - The Fuqua School of Business
Downloads 523 (39,866)
Citation 10

Abstract:

Credit Spreads, Capital Structure, Equity Premium, Predictability, General Equilibrium

Equilibrium Credit Spreads and the Macroeconomy

Number of pages: 33 Posted: 18 Feb 2009
Joao F. Gomes and Lukas Schmid
The Wharton School and Duke University - The Fuqua School of Business
Downloads 197 (121,492)
Citation 10

Abstract:

Credit Spreads, Capital Structure, Equity Premium, Preictability, General Equilibrium

Equilibrium Credit Spreads and the Macroeconomy

The Wharton School Research Paper No. 42
Number of pages: 46 Posted: 06 Jun 2012
Joao F. Gomes and Lukas Schmid
The Wharton School and Duke University - The Fuqua School of Business
Downloads 167 (141,653)
Citation 10

Abstract:

5.

Testing Dynamic Agency Theory via Structural Estimation

Simon School Working Paper No. FR 12-06, AFA 2013 San Diego Meetings Paper
Number of pages: 42 Posted: 15 Mar 2012
Boris Nikolov and Lukas Schmid
University of Lausanne and Duke University - The Fuqua School of Business
Downloads 660 (23,156)
Citation 1

Abstract:

Dynamic agency, q-theory, dynamic contracting, managerial compensation, structural estimation, capital structure

6.

Fiscal Policy and the Distribution of Consumption Risk

Number of pages: 49 Posted: 29 Jun 2011 Last Revised: 18 Oct 2013
University of North Carolina Kenan-Flagler Business School, Ohio State University (OSU) - Department of Finance and Duke University - The Fuqua School of Business
Downloads 623 (27,272)
Citation 5

Abstract:

Fiscal Policy, Endogenous Growth, Recursive Preferences, Welfare Costs

7.

The Market Price of Fiscal Uncertainty

Carnegie-Rochester Conference Series on Public Policy, Forthcoming
Number of pages: 41 Posted: 01 Nov 2011 Last Revised: 03 Oct 2012
University of North Carolina Kenan-Flagler Business School, Ohio State University (OSU) - Department of Finance and Duke University - The Fuqua School of Business
Downloads 507 (34,267)
Citation 7

Abstract:

Robustness, Endogenous Growth, Asset Prices

8.

A Quantitative Dynamic Agency Model of Financing Constraints

Number of pages: 46 Posted: 25 Jul 2009
Lukas Schmid
Duke University - The Fuqua School of Business
Downloads 365 (57,955)
Citation 4

Abstract:

Dynamic Agency, Limited Enforcement, Financing Constraints, Capital Structure, Investment, Cross-Section of Stock Returns

9.

Levered Returns

Number of pages: 45 Posted: 02 Mar 2007
Joao F. Gomes and Lukas Schmid
The Wharton School and Duke University - The Fuqua School of Business
Downloads 339 (63,669)
Citation 38

Abstract:

Cross-section of Returns, Growth Options, Financing, Leverage, Capital Structure

10.

Competition, Markups and Predictable Returns

Number of pages: 59 Posted: 18 Jan 2015 Last Revised: 16 Apr 2015
Alexandre Corhay, Howard Kung and Lukas Schmid
University of Toronto - Rotman School of Management, London Business School and Duke University - The Fuqua School of Business
Downloads 122 (98,071)

Abstract:

Imperfect competition, markups, entry and exit, productivity, business cycle propagation, asset pricing, predictability, recursive preferences

11.

Sticky Leverage

The Wharton School Research Paper No. 52
Number of pages: 44 Posted: 29 May 2013 Last Revised: 11 May 2016
Joao F. Gomes, Urban J. Jermann and Lukas Schmid
The Wharton School, University of Pennsylvania - Finance Department and Duke University - The Fuqua School of Business
Downloads 88 (142,347)

Abstract:

Debt deflation, debt overhang, monetary non-neutrality

12.

Global Entropy

Number of pages: 53 Posted: 16 Feb 2014 Last Revised: 11 Sep 2015
University of North Carolina Kenan-Flagler Business School, Ohio State University (OSU) - Department of Finance and Duke University - The Fuqua School of Business
Downloads 9 (318,110)

Abstract:

Global Growth, Entropy, Contagion

13.

A Macrofinance View of U.S. Sovereign CDS Premiums

CEPR Discussion Paper No. DP11576
Number of pages: 39 Posted: 24 Oct 2016
Mikhail Chernov, Lukas Schmid and Andres Schneider
UCLA Anderson, Duke University - The Fuqua School of Business and University of California, Los Angeles (UCLA) - Department of Economics
Downloads 0 (531,865)

Abstract:

credit default swaps, recursive preferences, sovereign default

14.

Government Debt and the Returns to Innovation

Fisher College of Business Working Paper No. 2016-03-10, Charles A. Dice Center Working Paper No. 2016-10
Number of pages: 66 Posted: 24 May 2016 Last Revised: 23 Nov 2016
University of North Carolina Kenan-Flagler Business School, Ohio State University (OSU) - Department of Finance, University of North Carolina (UNC) at Chapel Hill - Department of Economics and Duke University - The Fuqua School of Business
Downloads 0 (137,952)

Abstract:

Government Debt, Fiscal Uncertainty, Cross Section of Stock Returns, Predictability, R&D, Growth

15.

Interest Rate Risk Management in Uncertain Times

Number of pages: 49 Posted: 18 Jan 2016 Last Revised: 12 Dec 2016
Lorenzo Bretscher, Lukas Schmid and Andrea Vedolin
London School of Economics & Political Science (LSE), Duke University - The Fuqua School of Business and London School of Economics and Political Science
Downloads 0 (81,057)

Abstract:

interest rate uncertainty, volatility, risk management, interest rate swaps, financial frictions, corporate investment, leverage, credit risk

16.

Dynamic Corporate Liquidity

Number of pages: 58 Posted: 13 Mar 2013 Last Revised: 20 Oct 2016
Boris Nikolov, Lukas Schmid and Roberto Steri
University of Lausanne, Duke University - The Fuqua School of Business and University of Lausanne
Downloads 0 (318,110)

Abstract:

Corporate liquidity, cash, credit lines, debt capacity, leverage, corporate investment, hedging