Jie Yang

Board of Governors of the Federal Reserve System

20th Street and Constitution Avenue NW

Washington, DC 20551

United States

SCHOLARLY PAPERS

18

DOWNLOADS
Rank 3,759

SSRN RANKINGS

Top 3,759

in Total Papers Downloads

14,856

SSRN CITATIONS
Rank 15,989

SSRN RANKINGS

Top 15,989

in Total Papers Citations

56

CROSSREF CITATIONS

13

Scholarly Papers (18)

1.

Optimal Capital Structure

Number of pages: 39 Posted: 20 Jan 2011 Last Revised: 15 Sep 2013
University of Pennsylvania - The Wharton School, Duke University and Board of Governors of the Federal Reserve System
Downloads 7,002 (1,418)
Citation 2

Abstract:

Loading...

capital structure, cost of debt, optimal leverage

2.
Downloads 3,191 ( 5,442)
Citation 18

The Cost of Debt

Journal of Finance, Forthcoming, WFA 2007 Big Sky, MT Meetings Paper, EFA 2007 Ljubljana Meetings Paper
Number of pages: 65 Posted: 08 Mar 2007 Last Revised: 15 Sep 2013
University of Pennsylvania - The Wharton School, Duke University and Board of Governors of the Federal Reserve System
Downloads 3,083 (5,651)
Citation 17

Abstract:

Loading...

capital structure, cost of debt

The Cost of Debt

NBER Working Paper No. w16023
Number of pages: 66 Posted: 04 Jun 2010 Last Revised: 14 Apr 2022
University of Pennsylvania - The Wharton School, Duke University and Board of Governors of the Federal Reserve System
Downloads 108 (352,684)
Citation 1

Abstract:

Loading...

3.

Financing Concerns in April 2020 Appear Worse Than in 2008 Based on Earnings Calls

Number of pages: 5 Posted: 05 May 2020
Andrew Y. Chen and Jie Yang
Board of Governors of the Federal Reserve System and Board of Governors of the Federal Reserve System
Downloads 813 (43,710)

Abstract:

Loading...

4.

Common Ownership Types and Their Effects on Innovation and Competition

Number of pages: 57 Posted: 31 Jul 2018 Last Revised: 14 May 2020
University of Florida - Department of Finance, Insurance and Real Estate, Board of Governors of the Federal Reserve System and Georgia Southern University
Downloads 706 (52,889)

Abstract:

Loading...

Institutional investor type, common ownership, innovation, patents, competition

The Effects of Institutional Investor Objectives on Firm Valuation and Governance

Journal of Financial Economics (JFE), Forthcoming, Georgetown McDonough School of Business Research Paper No. 2622610
Number of pages: 70 Posted: 26 Jun 2015 Last Revised: 22 Nov 2016
Paul Borochin and Jie Yang
University of Florida - Department of Finance, Insurance and Real Estate and Board of Governors of the Federal Reserve System
Downloads 504 (80,059)
Citation 1

Abstract:

Loading...

Institutional investors, investor type, dedicated, transient, misvaluation, corporate governance, blockholding, portfolio turnover, information dissemination, SEC Regulation FD

The Effects of Institutional Investor Objectives on Firm Valuation and Governance

FEDS Working Paper No. 2016-088
Number of pages: 72 Posted: 28 Nov 2016
Paul Borochin and Jie Yang
University of Florida - Department of Finance, Insurance and Real Estate and Board of Governors of the Federal Reserve System
Downloads 163 (257,036)
Citation 9

Abstract:

Loading...

Institutional investors, Investor type, Dedicated, Transient, Misvaluation, Corporate governance, Blockholding, Portfolio turnover, Information dissemination, SEC Regulation FD

6.

Equity and Debt Financing Constraints

Number of pages: 49 Posted: 14 Mar 2011 Last Revised: 13 Mar 2015
Jie Yang
Board of Governors of the Federal Reserve System
Downloads 476 (86,584)
Citation 1

Abstract:

Loading...

financial constraints, capital structure, investment, equity, debt

Tapping into Financial Synergies: Alleviating Financial Constraints Through Acquisitions

Georgetown McDonough School of Business Research Paper
Number of pages: 61 Posted: 09 Apr 2013 Last Revised: 29 Jan 2021
Rohan Williamson and Jie Yang
Georgetown University - McDonough School of Business and Board of Governors of the Federal Reserve System
Downloads 290 (149,610)
Citation 1

Abstract:

Loading...

Financing Constraints, Firm Structure, Diversification, Mergers & Acquisitions

Can Firms Loosen Financial Constraints?

Georgetown McDonough School of Business Research Paper
Number of pages: 42 Posted: 04 Oct 2013
Rohan Williamson and Jie Yang
Georgetown University - McDonough School of Business and Board of Governors of the Federal Reserve System
Downloads 92 (391,953)
Citation 1

Abstract:

Loading...

financing constraints, acquisitions, diversification

Tapping into Financial Synergies: Alleviating Financial Constraints Through Acquisitions

FEDS Working Paper No. 2018-053
Number of pages: 62 Posted: 13 Aug 2018 Last Revised: 21 Feb 2019
Rohan Williamson and Jie Yang
Georgetown University - McDonough School of Business and Board of Governors of the Federal Reserve System
Downloads 44 (573,532)

Abstract:

Loading...

Diversification, Financing constraints, Firm structure, Mergers & acquisitions

Options, Equity Risks, and the Value of Capital Structure Adjustments

Journal of Corporate Finance, Forthcoming, Georgetown McDonough School of Business Research Paper
Number of pages: 63 Posted: 17 Nov 2013 Last Revised: 17 Nov 2016
Paul Borochin and Jie Yang
University of Florida - Department of Finance, Insurance and Real Estate and Board of Governors of the Federal Reserve System
Downloads 277 (156,741)

Abstract:

Loading...

Capital Structure, Financial Leverage, Options, Implied Volatility

Options, Equity Risks, and the Value of Capital Structure Adjustments

FEDS Working Paper No. 2016-097
Number of pages: 64 Posted: 19 Dec 2016
Paul Borochin and Jie Yang
University of Florida - Department of Finance, Insurance and Real Estate and Board of Governors of the Federal Reserve System
Downloads 49 (548,241)
Citation 1

Abstract:

Loading...

Capital Structure, Financial Leverage, Options, Implied Volatility

9.

Changes in Institutional Ownership: Liquidity, Activism, and Firm Performance

Number of pages: 49 Posted: 15 Mar 2012 Last Revised: 09 Oct 2013
Wady Haddaji, Wady Haddaji and Jie Yang
University of AmsterdamBloomberg L.P. and Board of Governors of the Federal Reserve System
Downloads 228 (190,496)

Abstract:

Loading...

10.

Patent Litigation and Cost of Capital

Number of pages: 31 Posted: 13 Jul 2012
David Tan and Jie Yang
University of Washington and Board of Governors of the Federal Reserve System
Downloads 227 (191,289)

Abstract:

Loading...

patent litigation, cost of capital

11.

Network Centrality of Customers and Suppliers

Georgetown McDonough School of Business Research Paper No. 2684768
Number of pages: 40 Posted: 02 Nov 2015 Last Revised: 26 Apr 2019
Jie Yang and Rongrong Zhang
Board of Governors of the Federal Reserve System and Georgia Southern University
Downloads 223 (194,673)
Citation 1

Abstract:

Loading...

BEA Input-Output, Network Centrality, Customer-Supplier Relationship, Systematic Risk, Trade Credit.

12.

Defendant Cash Holdings in Patent Litigation: The Impact on Shareholder Value

Georgetown McDonough School of Business Research Paper No. 2504156
Number of pages: 64 Posted: 03 Oct 2014 Last Revised: 26 Sep 2015
David Tan and Jie Yang
University of Washington and Board of Governors of the Federal Reserve System
Downloads 197 (218,160)

Abstract:

Loading...

Patent litigation, shareholder value, rivalry, cash holdings, agency cost, financial constraint

13.

Collateral, Risk, and Borrowing Capacity

Number of pages: 55 Posted: 18 Mar 2017 Last Revised: 11 Feb 2021
Panos Markou, Ryan Williams and Jie Yang
University of Virginia - Darden School of Business, University of Arizona - Department of Finance and Board of Governors of the Federal Reserve System
Downloads 191 (224,120)
Citation 3

Abstract:

Loading...

Lines of Credit, Corporate Collateral, Gold Prices, Risk-Shifting, Hedging, Risk Management, Borrowing Capacity

14.

Option Market-Based Predictors of REIT Leverage Changes

Journal of Real Estate Finance and Economics, Forthcoming, Georgetown McDonough School of Business Research Paper No. 2577414
Number of pages: 28 Posted: 15 Mar 2015 Last Revised: 02 Jun 2016
University of Florida - Department of Finance, Insurance and Real Estate, University of Connecticut - School of Business - Center for Real Estate and Urban Economic Studies, California Lutheran University, School of Management and Board of Governors of the Federal Reserve System
Downloads 115 (335,575)

Abstract:

Loading...

Capital Structure, Real Estate, REITs, Options, Implied Volatility

15.

An Empirical Model of Optimal Capital Structure

Journal of Applied Corporate Finance, Vol. 23, Issue 4, pp. 34-59, 2011
Number of pages: 28 Posted: 22 Dec 2011
University of Pennsylvania - The Wharton School, Duke University and Board of Governors of the Federal Reserve System
Downloads 68 (461,841)

Abstract:

Loading...

16.

What Drove Recent Trends in Corporate Bonds and Loans Usage?

FEDS Notes No. 2020-10-23-1 https://doi.org/10.17016/2380-7172.2789
Posted: 02 Dec 2020
Jacob Bochner, Min Wei and Jie Yang
Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System and Board of Governors of the Federal Reserve System

Abstract:

Loading...

17.

Spike in 2019Q1 Leverage Ratios: The Impact of Operating Leases

FEDS Notes No. 2019-12-13-2 https://doi.org/10.17016/2380-7172.2464
Posted: 19 Dec 2019
Berardino Palazzo and Jie Yang
Board of Governors of the Federal Reserve System and Board of Governors of the Federal Reserve System

Abstract:

Loading...

18.

Using Option Market Liquidity to Predict REIT Leverage Changes

Journal of Real Estate Finance and Economics, Vol. 55, No. 2, 2017
Posted: 06 Oct 2017 Last Revised: 11 Oct 2017
University of Florida - Department of Finance, Insurance and Real Estate, University of Connecticut - School of Business - Center for Real Estate and Urban Economic Studies, California Lutheran University, School of Management and Board of Governors of the Federal Reserve System

Abstract:

Loading...

Capital Structure; Real Estate; REITs; Options; Liquidity