Author Page for Kelly Shue

Do Managers Do Good with Other Peoples' Money?

AFA 2013 San Diego Meetings Paper, UCD & CalPERS Sustainability & Finance Symposium 2013, Fama-Miller Working Paper, Chicago Booth Research Paper No. 12-47

Number of pages: 49 Posted: 20 Nov 2011 Last Revised: 07 Oct 2020

Ing-Haw Cheng, Harrison G. Hong and Kelly Shue

University of Toronto - Rotman School of Management, Columbia University, Graduate School of Arts and Sciences, Department of Economics and Yale School of Management

Downloads 3,386 (4,817)

Citation 19

Abstract:

2.

Screening in New Credit Markets: Can Individual Lenders Infer Borrower Creditworthiness in Peer-to-Peer Lending?

AFA 2011 Denver Meetings Paper

Number of pages: 42 Posted: 15 Mar 2010

Rajkamal Iyer, Asim Ijaz Khwaja, Erzo F. P. Luttmer and Kelly Shue

Massachusetts Institute of Technology (MIT) - Sloan School of Management, Harvard University - Harvard Kennedy School (HKS), Dartmouth College and Yale School of Management

Downloads 2,612 (7,356)

Citation 78

Abstract:

3.

A Tough Act to Follow: Contrast Effects in Financial Markets

Downloads 2,093 ( 10,510)

Citation 21

2

A Tough Act to Follow: Contrast Effects in Financial Markets

Number of pages: 61 Posted: 03 Jun 2015 Last Revised: 22 Mar 2018

Samuel M. Hartzmark and Kelly Shue

University of Chicago - Booth School of Business and Yale School of Management

Downloads 2,066 (10,543)

Citation 1

Abstract:

A Tough Act to Follow: Contrast Effects in Financial Markets

NBER Working Paper No. w23883

Number of pages: 62 Posted: 02 Oct 2017 Last Revised: 04 Apr 2022

Samuel M. Hartzmark and Kelly Shue

University of Chicago - Booth School of Business and Yale School of Management

Downloads 27 (668,767)

Citation 14

Abstract:

4.

Decision-Making Under the Gambler's Fallacy: Evidence from Asylum Judges, Loan Officers, and Baseball Umpires

Downloads 2,039 ( 10,991)

Citation 48

3

Decision-Making Under the Gambler's Fallacy: Evidence from Asylum Judges, Loan Officers, and Baseball Umpires

Quarterly Journal of Economics, Vol. 131, No. 3, Pages 1181-1241, 2016

Number of pages: 60 Posted: 15 Dec 2014 Last Revised: 16 Dec 2020

Daniel L. Chen, Tobias J. Moskowitz, Tobias J. Moskowitz and Kelly Shue

Directeur de Recherche, Centre National de la Recherche Scientifique, Toulouse School of Economics, Institute for Advanced Study in Toulouse, University of Toulouse Capitole, Toulouse, France, Yale University, Yale SOMAQR Capital and Yale School of Management

Downloads 1,921 (11,851)

Citation 6

Abstract:

Decision-Making Under the Gambler's Fallacy: Evidence from Asylum Judges, Loan Officers, and Baseball Umpires

NBER Working Paper No. w22026

Number of pages: 61 Posted: 01 Mar 2016 Last Revised: 09 Mar 2022

Daniel L. Chen, Tobias J. Moskowitz, Tobias J. Moskowitz and Kelly Shue

Directeur de Recherche, Centre National de la Recherche Scientifique, Toulouse School of Economics, Institute for Advanced Study in Toulouse, University of Toulouse Capitole, Toulouse, France, Yale University, Yale SOMAQR Capital and Yale School of Management

Downloads 118 (325,974)

Citation 14

Abstract:

Decision-Making Under the Gambler's Fallacy: Evidence from Asylum Judges, Loan Officers, and Baseball Umpires

Quarterly Journal of Economics, 131(3): 1181-1241, 2016

Posted: 22 Jun 2015 Last Revised: 20 Apr 2020

Daniel L. Chen, Tobias J. Moskowitz, Tobias J. Moskowitz and Kelly Shue

Directeur de Recherche, Centre National de la Recherche Scientifique, Toulouse School of Economics, Institute for Advanced Study in Toulouse, University of Toulouse Capitole, Toulouse, France, Yale University, Yale SOMAQR Capital and Yale School of Management

Abstract:

5.

Promotions and the Peter Principle

Downloads 1,762 ( 13,900)

Citation 12

2

Promotions and the Peter Principle

Quarterly Journal of Economics, Forthcoming

Number of pages: 44 Posted: 04 Oct 2017 Last Revised: 03 Aug 2019

Alan Benson, Danielle Li and Kelly Shue

University of Minnesota - Twin Cities - Carlson School of Management, Massachusetts Institute of Technology (MIT) and Yale School of Management

Downloads 1,409 (19,121)

Citation 8

Abstract:

Promotions and the Peter Principle

NBER Working Paper No. w24343

Number of pages: 56 Posted: 21 Feb 2018 Last Revised: 08 Jul 2022

Alan Benson, Danielle Li and Kelly Shue

University of Minnesota - Twin Cities - Carlson School of Management, Massachusetts Institute of Technology (MIT) and Yale School of Management

Downloads 353 (119,728)

Citation 4

Abstract:

6.

How Do Quasi-Random Option Grants Affect CEO Risk-Taking?

Downloads 1,734 ( 14,224)

Citation 44

2

How Do Quasi-Random Option Grants Affect CEO Risk-Taking?

Journal of Finance, Forthcoming, Chicago Booth Research Paper No. 13-03, Fama-Miller Working Paper

Number of pages: 52 Posted: 06 Feb 2013 Last Revised: 11 Jan 2017

Kelly Shue and Richard R. Townsend

Yale School of Management and University of California, San Diego (UCSD) - Rady School of Management

Downloads 1,719 (14,198)

Citation 21

Abstract:

How Do Quasi-Random Option Grants Affect CEO Risk-Taking?

NBER Working Paper No. w23091

Number of pages: 53 Posted: 30 Jan 2017 Last Revised: 06 Aug 2022

Kelly Shue and Richard Townsend

Yale School of Management and University of California, San Diego (UCSD) - Rady School of Management

Downloads 15 (770,690)

Citation 11

Abstract:

7.

No News Is News: Do Markets Underreact to Nothing?

Downloads 1,618 ( 15,830)

Citation 21

2

No News Is News: Do Markets Underreact to Nothing?

Chicago Booth Research Paper No. 12-41, Midwest Finance Association 2013 Annual Meeting Paper, Fama-Miller Working Paper

Number of pages: 73 Posted: 01 Sep 2012 Last Revised: 11 Sep 2014

Stefano Giglio and Kelly Shue

Yale School of Management and Yale School of Management

Downloads 1,595 (15,878)

Abstract:

No News is News: Do Markets Underreact to Nothing?

NBER Working Paper No. w18914

Number of pages: 64 Posted: 22 Mar 2013 Last Revised: 07 Mar 2022

Stefano Giglio and Kelly Shue

Yale School of Management and Yale School of Management

Downloads 23 (700,246)

Citation 7

Abstract:

8.

Can the Market Multiply and Divide? Non-Proportional Thinking in Financial Markets

Downloads 1,256 ( 23,172)

Citation 2

2

Can the Market Multiply and Divide? Non-Proportional Thinking in Financial Markets

9th Miami Behavioral Finance Conference 2018, Yale ICF Working Paper No. 2018-08

Number of pages: 68 Posted: 26 Mar 2018 Last Revised: 02 Aug 2019

Kelly Shue and Richard Townsend

Yale School of Management and University of California, San Diego (UCSD) - Rady School of Management

Downloads 1,206 (24,212)

Abstract:

Can the Market Multiply and Divide? Non-Proportional Thinking in Financial Markets

NBER Working Paper No. w25751

Number of pages: 69 Posted: 15 Apr 2019 Last Revised: 13 May 2022

Kelly Shue and Richard Townsend

Yale School of Management and University of California, San Diego (UCSD) - Rady School of Management

Downloads 50 (534,535)

Citation 2

Abstract:

9.

Executive Networks and Firm Policies: Evidence from the Random Assignment of MBA Peers

Chicago Booth Research Paper No. 11-46, Fama-Miller Working Paper

Number of pages: 62 Posted: 15 Dec 2011 Last Revised: 30 Jan 2013

Kelly Shue

Yale School of Management

Downloads 1,084 (28,705)

Citation 72

Abstract:

10.

Growth Through Rigidity: An Explanation for the Rise in CEO Pay

Journal of Financial Economics (JFE), Forthcoming

Number of pages: 52 Posted: 15 Apr 2014 Last Revised: 22 Mar 2016

Kelly Shue and Richard R. Townsend

Yale School of Management and University of California, San Diego (UCSD) - Rady School of Management

Downloads 906 (37,045)

Citation 1

Abstract:

11.

Leverage-Induced Fire Sales and Stock Market Crashes

Downloads 748 ( 48,017)

Citation 3

3

Leverage-Induced Fire Sales and Stock Market Crashes

Number of pages: 67 Posted: 04 Oct 2017

Jiangze Bian, Zhiguo He, Kelly Shue and Hao Zhou

University of International Business and Economics (UIBE), University of Chicago - Finance, Yale School of Management and SUSTech Business School

Downloads 626 (59,827)

Citation 2

Abstract:

Leverage-Induced Fire Sales and Stock Market Crashes

University of Chicago, Becker Friedman Institute for Economics Working Paper No. 2019-28, Yale ICF Working Paper No. 2019-07

Number of pages: 72 Posted: 04 Mar 2019

Jiangze Bian, Zhiguo He, Kelly Shue and Hao Zhou

University of International Business and Economics (UIBE), University of Chicago - Finance, Yale School of Management and SUSTech Business School

Downloads 82 (414,139)

Citation 2

Abstract:

Leverage-Induced Fire Sales and Stock Market Crashes

NBER Working Paper No. w25040

Number of pages: 72 Posted: 17 Sep 2018 Last Revised: 03 Jun 2022

Jiangze Bian, Zhiguo He, Kelly Shue and Hao Zhou

University of International Business and Economics (UIBE), University of Chicago - Finance, Yale School of Management and SUSTech Business School

Downloads 40 (585,663)

Citation 1

Abstract:

12.

The Gender Gap in Housing Returns

Downloads 411 (101,092)

Citation 2

2

The Gender Gap in Housing Returns

Number of pages: 70 Posted: 17 Apr 2020 Last Revised: 29 Jul 2022

Paul S. Goldsmith-Pinkham and Kelly Shue

Yale School of Management and Yale School of Management

Downloads 364 (115,227)

Abstract:

The Gender Gap in Housing Returns

NBER Working Paper No. w26914

Number of pages: 72 Posted: 30 Mar 2020 Last Revised: 17 Jul 2022

Paul S. Goldsmith-Pinkham and Kelly Shue

Yale School of Management and Yale School of Management

Downloads 47 (548,863)

Abstract:

13.

Margin Trading and Leverage Management

Downloads 327 (130,489)

Citation 3

2

Margin Trading and Leverage Management

University of Chicago, Becker Friedman Institute for Economics Working Paper No. 2021-29

Number of pages: 74 Posted: 11 Mar 2021

Jiangze Bian, Zhi Da, Zhiguo He, Dong Lou, Kelly Shue and Hao Zhou

University of International Business and Economics (UIBE), University of Notre Dame - Mendoza College of Business, University of Chicago - Finance, London School of Economics & Political Science (LSE), Yale School of Management and SUSTech Business School

Downloads 281 (151,982)

Citation 4

Abstract:

Margin Trading and Leverage Management

Number of pages: 74 Posted: 22 Mar 2021

Jiangze Bian, Zhi Da, Zhiguo He, Dong Lou, Kelly Shue and Hao Zhou

University of International Business and Economics (UIBE), University of Notre Dame - Mendoza College of Business, University of Chicago - Finance, London School of Economics & Political Science (LSE), Yale School of Management and SUSTech Business School

Downloads 46 (553,860)

Abstract:

14.

Who Misvotes? The Effect of Differential Cognition Costs on Election Outcomes

Downloads 147 (274,822)

Citation 10

2

Who Misvotes? The Effect of Differential Cognition Costs on Election Outcomes

KSG Working Paper No. RWP06-048, IZA Discussion Paper No. 2451

Number of pages: 48 Posted: 17 Nov 2006

Erzo F. P. Luttmer and Kelly Shue

Dartmouth College and Yale School of Management

Downloads 109 (344,857)

Citation 1

Abstract:

Who Misvotes? The Effect of Differential Cognition Costs on Election Outcomes

NBER Working Paper No. w12709

Number of pages: 48 Posted: 20 Nov 2006 Last Revised: 25 Mar 2022

Kelly Shue and Erzo F. P. Luttmer

Yale School of Management and Dartmouth College

Downloads 38 (596,727)

Citation 3

Abstract:

15.

Screening Peers Softly: Inferring the Quality of Small Borrowers

NBER Working Paper No. w15242

Number of pages: 62 Posted: 18 Aug 2009 Last Revised: 24 Feb 2022

Rajkamal Iyer, Asim Ijaz Khwaja, Erzo F. P. Luttmer and Kelly Shue

Massachusetts Institute of Technology (MIT) - Sloan School of Management, Harvard University - Harvard Kennedy School (HKS), Dartmouth College and Yale School of Management

Downloads 145 (277,834)

Citation 52

Abstract:

16.

Do Managers Do Good with Other People's Money?

NBER Working Paper No. w19432

Number of pages: 42 Posted: 14 Sep 2013 Last Revised: 07 Aug 2022

Ing-Haw Cheng, Harrison G. Hong and Kelly Shue

University of Toronto - Rotman School of Management, Columbia University, Graduate School of Arts and Sciences, Department of Economics and Yale School of Management

Downloads 59 (487,717)

Citation 2

Abstract:

17.

Growth Through Rigidity: An Explanation for the Rise in CEO Pay

NBER Working Paper No. w21975

Number of pages: 53 Posted: 08 Feb 2016 Last Revised: 18 Jul 2022

Kelly Shue and Richard R. Townsend

Yale School of Management and University of California, San Diego (UCSD) - Rady School of Management

Downloads 41 (568,159)

Citation 12

Kelly Shue

Yale School of Management

National Bureau of Economic Research (NBER)

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