Nellie Liang

Brookings Institution

1775 Massachusetts Ave, NW

Washington, DC 20036

United States

SCHOLARLY PAPERS

30

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Top 6,243

in Total Papers Downloads

9,043

SSRN CITATIONS
Rank 2,151

SSRN RANKINGS

Top 2,151

in Total Papers Citations

270

CROSSREF CITATIONS

335

Scholarly Papers (30)

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

Posted: 14 Jul 2021
Daniel M. Covitz, Nellie Liang and Gustavo Suarez
Board of Governors of the Federal Reserve System, Brookings Institution and Board of Governors of the Federal Reserve System

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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
Board of Governors of the Federal Reserve System, Brookings Institution and Board of Governors of the Federal Reserve System
Downloads 1,669 (13,198)
Citation 80

Abstract:

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

2.

Good News and Bad News About Share Repurchases

Number of pages: 28 Posted: 09 Aug 1998
George W. Fenn and Nellie Liang
Cambridge Finance Partners and Brookings Institution
Downloads 1,338 (18,846)
Citation 12

Abstract:

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3.

Corporate Payout Policy and Managerial Stock Incentives

Number of pages: 35 Posted: 04 Apr 2000
George W. Fenn and Nellie Liang
Cambridge Finance Partners and Brookings Institution
Downloads 1,035 (27,531)
Citation 27

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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 Board of Governors of the Federal Reserve System
Downloads 804 (39,203)
Citation 22

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Share repurchases, stock options, expected returns

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

Posted: 06 Jul 2021 Last Revised: 03 Jul 2021
Federal Reserve Bank of Chicago, Federal Reserve Board - Division of Research & Statistics, Brookings Institution and affiliation not provided to SSRN

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

Number of pages: 28 Posted: 05 Jan 2006
Federal Reserve Bank of Chicago, Federal Reserve Board - Division of Research & Statistics, Brookings Institution and Board of Governors of the Federal Reserve System
Downloads 647 (51,933)
Citation 9

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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 492 (73,307)
Citation 3

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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

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 61 (449,613)
Citation 8

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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 453 (81,066)
Citation 30

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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

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 79 (390,040)
Citation 5

Abstract:

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covenant violations, employment

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

Posted: 14 Jul 2021
Nellie Liang and Scott Weisbenner
Brookings Institution and affiliation not provided to SSRN

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

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 469 (77,715)
Citation 6

Abstract:

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

Monetary Policy, Financial Conditions, and Financial Stability

Number of pages: 38 Posted: 13 Sep 2014
Tobias Adrian and Nellie Liang
International Monetary Fund and Brookings Institution
Downloads 456 (80,406)
Citation 60

Abstract:

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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

Number of pages: 45 Posted: 18 Jul 2016
Tobias Adrian and Nellie Liang
International Monetary Fund and Brookings Institution
Downloads 2 (825,076)
Citation 4
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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

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

Number of pages: 44 Posted: 27 Jun 2007 Last Revised: 27 Jun 2021
University of Illinois at Urbana-Champaign - Department of Finance, Brookings Institution and University of Illinois at Urbana-Champaign - Department of Finance
Downloads 93 (352,411)
Citation 7

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

Posted: 14 Jul 2021
Nellie Liang and Scott Weisbenner
Brookings Institution and affiliation not provided to SSRN

Abstract:

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

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 326 (118,335)
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

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 75 (401,930)
Citation 1

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12.
Downloads 364 (105,302)
Citation 16

Financial Stability Monitoring

Number of pages: 58 Posted: 10 May 2013
Tobias Adrian, Daniel M. Covitz and Nellie Liang
International Monetary Fund, Board of Governors of the Federal Reserve System and Brookings Institution
Downloads 284 (137,058)
Citation 6

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Stability, monitoring, vulnerabilities

Financial Stability Monitoring

Number of pages: 58 Posted: 02 Mar 2013
Tobias Adrian, Daniel M. Covitz and Nellie Liang
International Monetary Fund, Board of Governors of the Federal Reserve System and Brookings Institution
Downloads 80 (387,145)
Citation 13

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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, Board of Governors of the Federal Reserve System 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 202 (191,789)

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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

Number of pages: 56 Posted: 21 Apr 2004 Last Revised: 21 Jun 2021
University of Illinois at Urbana-Champaign - Department of Finance, Brookings Institution and University of Illinois at Urbana-Champaign - Department of Finance
Downloads 91 (357,378)
Citation 2

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14.

New Financial Stability Governance Structures and Central Banks

Number of pages: 45 Posted: 28 Mar 2019 Last Revised: 29 Mar 2019
Rochelle M. Edge and Nellie Liang
Board of Governors of the Federal Reserve System and Brookings Institution
Downloads 153 (244,010)
Citation 8

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15.

Financial Vulnerabilities, Macroeconomic Dynamics, and Monetary Policy

Number of pages: 54 Posted: 15 Jul 2016 Last Revised: 21 Sep 2016
Bank of England - Monetary Assessment and Strategy Division, Board of Governors of the Federal Reserve System, Brookings Institution and Board of Governors of the Federal Reserve System
Downloads 128 (280,768)
Citation 4

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16.

The Term Structure of Growth-at-Risk

Number of pages: 41 Posted: 22 Aug 2018
International Monetary Fund, International Monetary Fund, Brookings Institution and International Monetary Fund (IMF)
Downloads 106 (321,173)

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

17.

Initial Public Offerings in Hot and Cold Markets

Posted: 14 Jul 2021
Jean Helwege and Nellie Liang
affiliation not provided to SSRN and Brookings Institution

Abstract:

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18.

Initial Public Offerings in Hot and Cold Markets

Posted: 14 Jul 2021
Jean Helwege and Nellie Liang
affiliation not provided to SSRN and Brookings Institution

Abstract:

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19.

Financial Stability Monitoring

Posted: 14 Jul 2021
Tobias Adrian, Daniel M. Covitz and Nellie Liang
International Monetary Fund, Board of Governors of the Federal Reserve System and Brookings Institution

Abstract:

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20.

Good News and Bad News About Share Repurchases

Posted: 14 Jul 2021
George W. Fenn and Nellie Liang
affiliation not provided to SSRN and Brookings Institution

Abstract:

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21.

Financial Stability Monitoring

Posted: 14 Jul 2021
Tobias Adrian, Daniel M. Covitz and Nellie Liang
International Monetary Fund, Board of Governors of the Federal Reserve System and Brookings Institution

Abstract:

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22.

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

Posted: 14 Jul 2021
affiliation not provided to SSRN, Brookings Institution and affiliation not provided to SSRN

Abstract:

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23.

Corporate Payout Policy and Managerial Stock Incentives

Posted: 14 Jul 2021
George W. Fenn and Nellie Liang
affiliation not provided to SSRN and Brookings Institution

Abstract:

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24.

A New Dataset of Macroprudential Policy Governance Structures

Posted: 14 Jul 2021
Ricardo Correa, Rochelle M. Edge and Nellie Liang
Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System and Brookings Institution

Abstract:

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25.

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

Posted: 14 Jul 2021
affiliation not provided to SSRN, Brookings Institution and affiliation not provided to SSRN

Abstract:

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26.

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

Posted: 06 Jul 2021 Last Revised: 03 Jul 2021
Nellie Liang and Steven A. Sharpe
Brookings Institution and affiliation not provided to SSRN

Abstract:

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27.

The Incentives of Mortgage Servicers: Myths and Realities

Posted: 02 Jul 2021 Last Revised: 01 Jul 2021
Federal Reserve Banks - Federal Reserve Bank of Philadelphia, affiliation not provided to SSRN, Board of Governors of the Federal Reserve System, Brookings Institution and Board of Governors of the Federal Reserve System

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28.

Designing Loan Modifications to Address the Mortgage Crisis and the Making Home Affordable Program

Posted: 02 Jul 2021 Last Revised: 01 Jul 2021
Federal Reserve Banks - Federal Reserve Bank of Philadelphia, affiliation not provided to SSRN, Board of Governors of the Federal Reserve System, Brookings Institution and Board of Governors of the Federal Reserve System

Abstract:

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29.

Initial Public Offerings in Hot and Cold Markets

Posted: 06 Oct 2004
Jean Helwege and Nellie Liang
UC Riverside and Brookings Institution

Abstract:

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30.

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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