Nellie Liang

Brookings Institution

1775 Massachusetts Ave, NW

Washington, DC 20036

United States

SCHOLARLY PAPERS

18

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CITATIONS
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Top 1,770

in Total Papers Citations

249

Scholarly Papers (18)

1.

The Evolution of a Financial Crisis: Collapse of the Asset-Backed Commercial Paper Market

Journal of Finance, Forthcoming
Number of pages: 55 Posted: 22 Mar 2009 Last Revised: 12 Apr 2012
Daniel M. Covitz, Nellie Liang and Gustavo Suarez
Federal Reserve Board - Division of Research & Statistics, Brookings Institution and Board of Governors of the Federal Reserve System
Downloads 1,589 (10,396)
Citation 147

Abstract:

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Commercial paper, asset-backed commercial paper, bank runs, financial crisis

2.

Good News and Bad News About Share Repurchases

FEDS Paper No. 98-4
Number of pages: 28 Posted: 09 Aug 1998
George W. Fenn and Nellie Liang
Cambridge Finance Partners and Brookings Institution
Downloads 1,289 (14,493)
Citation 10

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3.

Corporate Payout Policy and Managerial Stock Incentives

FEDS Working Paper
Number of pages: 35 Posted: 04 Apr 2000
George W. Fenn and Nellie Liang
Cambridge Finance Partners and Brookings Institution
Downloads 979 (21,973)
Citation 143

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Dividends, share repurchases, executive stock options, stock incentives

4.

Share Repurchases and Employee Stock Options and Their Implications for S&P 500 Share Retirements and Expected Returns

Board of Governors of the Federal Reserve System Finance and Economics Working Paper No. 99-59
Number of pages: 20 Posted: 01 Mar 2000
Nellie Liang and Steven A. Sharpe
Brookings Institution and Federal Reserve Board - Research & Statistics
Downloads 763 (31,332)
Citation 22

Abstract:

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Share repurchases, stock options, expected returns

5.

How Did the 2003 Dividend Tax Cut Affect Stock Prices and Corporate Payout Policy?

FEDs Working Paper No. 2005-57
Number of pages: 28 Posted: 05 Jan 2006
Federal Reserve Bank of Chicago, Federal Reserve Board - Division of Research & Statistics, Brookings Institution and Federal Reserve Board - Research & Statistics
Downloads 622 (41,268)
Citation 12

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Dividends, capital taxation, share repurchases, executive compensation

Executive Financial Incentives and Payout Policy: Firm Responses to the 2003 Dividend Tax Cut

AFA 2006 Boston Meetings Paper, FEDS Working Paper No. 2006-14
Number of pages: 65 Posted: 15 Dec 2004
University of Illinois at Urbana-Champaign - Department of Finance, Brookings Institution and University of Illinois at Urbana-Champaign - Department of Finance
Downloads 478 (57,244)

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Payout policy, Dividends, Share Repurchases, Executive Ownership

Executive Financial Incentives and Payout Policy: Firm Responses to the 2003 Dividend Tax Cut

NBER Working Paper No. w11002
Number of pages: 44 Posted: 20 Jul 2006 Last Revised: 26 Jul 2010
University of Illinois at Urbana-Champaign - Department of Finance, Brookings Institution and University of Illinois at Urbana-Champaign - Department of Finance
Downloads 59 (360,329)
Citation 70

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Do Creditor Rights Increase Employment Risk? Evidence from Loan Covenants

Journal of Finance, Forthcoming
Number of pages: 54 Posted: 31 Aug 2014 Last Revised: 25 Mar 2015
Antonio Falato and Nellie Liang
Board of Governors of the Federal Reserve System and Brookings Institution
Downloads 401 (70,981)
Citation 29

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real effects of financing, labor and finance, financial frictions over the business cycle

Do Creditor Rights Increase Employment Risk? Evidence from Debt Covenants

FEDS Working Paper No. 2012-42
Number of pages: 52 Posted: 18 Dec 2012
Antonio Falato and Nellie Liang
Board of Governors of the Federal Reserve System and Brookings Institution
Downloads 72 (323,919)
Citation 8

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covenant violations, employment

8.

Who Benefits from a Bull Market? An Analysis of Employee Stock Option Grants and Stock Prices

FEDS Working Paper No. 2001-57
Number of pages: 43 Posted: 17 Aug 2001
Nellie Liang and Scott J. Weisbenner
Brookings Institution and University of Illinois at Urbana-Champaign - Department of Finance
Downloads 461 (60,531)
Citation 6

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Employee stock options, pay-for-performance, executive compensation

Individual Account Investment Options and Portfolio Choice: Behavioral Lessons from 401(K) Plans

NBER Working Paper No. w13169
Number of pages: 44 Posted: 27 Jun 2007 Last Revised: 03 Sep 2010
University of Illinois at Urbana-Champaign - Department of Finance, Brookings Institution and University of Illinois at Urbana-Champaign - Department of Finance
Downloads 89 (284,704)
Citation 44

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Investor Behavior and the Purchase of Company Stock in 401(K) Plans - the Importance of Plan Design

FEDS Working Paper No. FEDS2002-36; AFA 2003 Washington, DC Meetings
Number of pages: 47 Posted: 20 Oct 2002
Nellie Liang and Scott J. Weisbenner
Brookings Institution and University of Illinois at Urbana-Champaign - Department of Finance
Downloads 319 (92,563)
Citation 1

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401(k) plan, company stock, behavioral finance, inertia, portfolio choice

Investor Behavior and the Purchase of Company Stock in 401(K) Plans - the Importance of Plan Design

NBER Working Paper No. w9131
Number of pages: 64 Posted: 30 Aug 2002 Last Revised: 11 Sep 2002
Nellie Liang and Scott J. Weisbenner
Brookings Institution and University of Illinois at Urbana-Champaign - Department of Finance
Downloads 73 (321,410)
Citation 13

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Monetary Policy, Financial Conditions, and Financial Stability

FRB of New York Staff Report No. 690
Number of pages: 38 Posted: 13 Sep 2014
Tobias Adrian and Nellie Liang
International Monetary Fund and Brookings Institution
Downloads 370 (78,020)
Citation 49

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risk-taking channel of monetary policy, monetary policy transmission, monetary policy rules, financial stability, financial conditions, macroprudential policy

Monetary Policy, Financial Conditions, and Financial Stability

CEPR Discussion Paper No. DP11394
Number of pages: 45 Posted: 18 Jul 2016
Tobias Adrian and Nellie Liang
International Monetary Fund and Brookings Institution
Downloads 2 (661,121)
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financial conditions, financial stability, leaning against the wind, macroprudential policy, monetary policy rules, monetary policy transmission, risk taking channel of monetary policy

12.
Downloads 328 ( 90,306)
Citation 18

Financial Stability Monitoring

FEDS Working Paper No. 2013-21
Number of pages: 58 Posted: 10 May 2013
Tobias Adrian, Daniel M. Covitz and Nellie Liang
International Monetary Fund, Federal Reserve Board - Division of Research & Statistics and Brookings Institution
Downloads 257 (116,794)
Citation 4

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Stability, monitoring, vulnerabilities

Financial Stability Monitoring

FRB of New York Staff Report No. 601
Number of pages: 58 Posted: 02 Mar 2013
Tobias Adrian, Daniel M. Covitz and Nellie Liang
International Monetary Fund, Federal Reserve Board - Division of Research & Statistics and Brookings Institution
Downloads 71 (326,508)
Citation 19

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financial stability, systemic risk

Financial Stability Monitoring

Annual Review of Financial Economics, Vol. 7, pp. 357-395, 2015
Posted: 11 Dec 2015
Tobias Adrian, Daniel M. Covitz and Nellie Liang
International Monetary Fund, Federal Reserve Board - Division of Research & Statistics and Brookings Institution

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401(K) Matching Contributions in Company Stock: Costs and Benefits for Firms and Workers

Number of pages: 55 Posted: 30 Mar 2004
University of Illinois at Urbana-Champaign - Department of Finance, Brookings Institution and University of Illinois at Urbana-Champaign - Department of Finance
Downloads 196 (152,762)

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Pension, 401(k) plan, ESOP, company stock, match policy

401(K) Matching Contributions in Company Stock: Costs and Benefits for Firms and Workers

NBER Working Paper No. w10419
Number of pages: 56 Posted: 21 Apr 2004 Last Revised: 18 May 2004
University of Illinois at Urbana-Champaign - Department of Finance, Brookings Institution and University of Illinois at Urbana-Champaign - Department of Finance
Downloads 87 (288,899)
Citation 14

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14.

Financial Vulnerabilities, Macroeconomic Dynamics, and Monetary Policy

FEDS Working Paper No. 2016-055
Number of pages: 54 Posted: 15 Jul 2016
Bank of England - Monetary Assessment and Strategy Division, Board of Governors of the Federal Reserve, Brookings Institution and Board of Governors of the Federal Reserve System
Downloads 97 (267,218)
Citation 2

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Financial stability and risk, Monetary policy, Credit

15.

The Term Structure of Growth-at-Risk

IMF Working Paper No. 18/180
Number of pages: 41 Posted: 22 Aug 2018
International Monetary Fund, International Monetary Fund, Brookings Institution and International Monetary Fund (IMF)
Downloads 44 (404,325)

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Financial stability, downside risk, macrofinancial linkages, volatility paradox, quantile regression, General, International Business Cycles

16.

New Financial Stability Governance Structures and Central Banks

FEDS Working Paper No. 2019-019
Number of pages: 45 Posted: 28 Mar 2019
Rochelle M. Edge and Nellie Liang
Monetary Affairs Division at the Board of Governors of the Federal Reserve System and Brookings Institution
Downloads 35 (439,425)

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Central bank independence, Countercyclical capital buffer, Financial stability committees, Macroprudential policy

17.

Initial Public Offerings in Hot and Cold Markets

Journal of Financial and Quantitative Analysis, Vol. 39, p. 541, September 2004
Posted: 06 Oct 2004
Jean Helwege and Nellie Liang
UC Riverside and Brookings Institution

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18.

Is There a Pecking Order? Evidence from a Panel of IPO Firms

94-22
Posted: 20 Dec 1998
Jean Helwege and Nellie Liang
UC Riverside and Brookings Institution

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