Author Page for Kelly Shue

1.

Counterproductive Sustainable Investing: The Impact Elasticity of Brown and Green Firms

Number of pages: 69 Posted: 17 Feb 2023 Last Revised: 05 Oct 2024

Samuel M. Hartzmark and Kelly Shue

Boston College - Carroll School of Management and Yale School of Management

Downloads 14,004 (690)

Citation 13

Abstract:

2.

AI Personality Extraction from Faces: Labor Market Implications

Number of pages: 64 Posted: 10 Feb 2025 Last Revised: 20 May 2025

Marius Guenzel, Shimon Kogan, Marina Niessner and Kelly Shue

University of Pennsylvania, Reichman University - Arison School of Business, Indiana University - Kelley School of Business - Department of Finance and Yale School of Management

Downloads 4,033 (5,752)

Abstract:

3.

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: 77 Posted: 20 Nov 2011 Last Revised: 01 Mar 2023

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 3,924 (5,987)

Citation 19

Abstract:

4.

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 2,944 (9,500)

Citation 85

Abstract:

5.

A Tough Act to Follow: Contrast Effects in Financial Markets

Downloads 2,348 (13,680)

Citation 49

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

Boston College - Carroll School of Management and Yale School of Management

Downloads 2,284 (14,028)

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: 05 Apr 2023

Samuel M. Hartzmark and Kelly Shue

Boston College - Carroll School of Management and Yale School of Management

Downloads 64 (763,763)

Citation 48

Abstract:

6.

Promotions and the Peter Principle

Downloads 2,270 (14,453)

Citation 13

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 1,735 (21,718)

Citation 9

Abstract:

Promotions and the Peter Principle

NBER Working Paper No. w24343

Number of pages: 56 Posted: 21 Feb 2018 Last Revised: 08 Jul 2023

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 535 (111,804)

Citation 4

Abstract:

7.

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

Downloads 2,249 (14,667)

Citation 20

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 2,043 (16,810)

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 2023

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 206 (317,504)

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:

8.

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

Downloads 1,956 (18,379)

Citation 33

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 1,838 (19,897)

Citation 22

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: 04 Feb 2023

Kelly Shue and Richard Townsend

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

Downloads 118 (514,249)

Citation 11

Abstract:

9.

No News Is News: Do Markets Underreact to Nothing?

Downloads 1,845 (20,160)

Citation 7

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 1,786 (20,776)

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: 08 Mar 2023

Stefano Giglio and Kelly Shue

Yale School of Management and Yale School of Management

Downloads 59 (797,559)

Citation 7

Abstract:

10.

"Potential" and the Gender Promotions Gap

Number of pages: 87 Posted: 02 Apr 2024 Last Revised: 19 Apr 2024

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 1,788 (21,154)

Citation 7

Abstract:

11.

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

Downloads 1,515 (27,189)

Citation 22

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 1,403 (29,961)

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 2023

Kelly Shue and Richard Townsend

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

Downloads 112 (535,503)

Citation 22

Abstract:

12.

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 1,232 (36,823)

Citation 118

Abstract:

13.

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 964 (52,397)

Citation 1

Abstract:

14.

Leverage-Induced Fire Sales and Stock Market Crashes

Downloads 927 (55,315)

Citation 6

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), Stanford University - Knight Management Center, Yale School of Management and Tsinghua University - PBC School of Finance

Downloads 674 (83,259)

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), Stanford University - Knight Management Center, Yale School of Management and Tsinghua University - PBC School of Finance

Downloads 138 (452,880)

Citation 1

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 2023

Jiangze Bian, Zhiguo He, Kelly Shue and Hao Zhou

University of International Business and Economics (UIBE), Stanford University - Knight Management Center, Yale School of Management and Tsinghua University - PBC School of Finance

Downloads 115 (524,677)

Citation 3

Abstract:

15.

Margin Trading and Leverage Management

Downloads 875 (59,963)

Citation 6

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, Stanford University - Knight Management Center, HKUST Business School, Yale School of Management and Tsinghua University - PBC School of Finance

Downloads 775 (69,459)

Citation 6

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, Stanford University - Knight Management Center, HKUST Business School, Yale School of Management and Tsinghua University - PBC School of Finance

Downloads 100 (583,237)

Abstract:

16.

The Gender Gap in Housing Returns

Downloads 658 (87,090)

Citation 3

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 567 (103,916)

Citation 3

Abstract:

The Gender Gap in Housing Returns

NBER Working Paper No. w26914

Number of pages: 72 Posted: 30 Mar 2020 Last Revised: 27 Mar 2023

Paul S. Goldsmith-Pinkham and Kelly Shue

Yale School of Management and Yale School of Management

Downloads 91 (620,836)

Abstract:

17.

Categorical Thinking about Interest Rates

Downloads 651 (88,287)

2

Categorical Thinking about Interest Rates

Number of pages: 75 Posted: 23 Apr 2024 Last Revised: 26 Oct 2024

Kelly Shue, Richard Townsend and Chen Wang

Yale School of Management, University of California, San Diego (UCSD) - Rady School of Management and University of Notre Dame - Mendoza College of Business

Downloads 601 (96,443)

Abstract:

Categorical Thinking About Interest Rates

CESifo Working Paper Series No. 11558

Number of pages: 77 Posted: 23 Dec 2024

Kelly Shue, Richard Townsend and Chen Wang

Yale School of Management, University of California, San Diego (UCSD) - Rady School of Management and University of Notre Dame - Mendoza College of Business

Downloads 50 (866,795)

Abstract:

18.

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

Downloads 199 (329,282)

Citation 9

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 142 (442,479)

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: 24 Sep 2022

Kelly Shue and Erzo F. P. Luttmer

Yale School of Management and Dartmouth College

Downloads 57 (811,857)

Citation 8

Abstract:

19.

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 2023

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 192 (340,357)

Citation 52

Abstract:

20.

Noisy Experts? Discretion in Regulation

Downloads 167 (387,750)

2

Noisy Experts? Discretion in Regulation

Number of pages: 59 Posted: 16 Apr 2024

Sumit Agarwal, Bernardo Morais, Amit Seru and Kelly Shue

National University of Singapore, Board of Governors of the Federal Reserve System, Stanford University and Yale School of Management

Downloads 146 (434,871)

Abstract:

Noisy Experts? Discretion in Regulation

NBER Working Paper No. w32344

Number of pages: 60 Posted: 16 Apr 2024

Sumit Agarwal, Bernardo Morais, Amit Seru and Kelly Shue

National University of Singapore, Board of Governors of the Federal Reserve System, Stanford University and Yale School of Management

Downloads 21 (1,181,837)

Add to Cart

Abstract:

21.

Proposed Brief of Current and Retired Practitioners and Professors as Amici Curiae in Support of Reversal in In re Tesla, Inc. Derivative Litigation

Fordham Law Legal Studies Research Paper No. 5184169

Number of pages: 33 Posted: 15 Apr 2025

Troutman Sanders LLP, affiliation not provided to SSRN, affiliation not provided to SSRN, affiliation not provided to SSRN, University of Arkansas, Fayetteville - School of Law, University of California, Los Angeles (UCLA) - School of Law, University of Utah - Department of Finance, Hofstra University - Maurice A. Deane School of Law, University of Nevada, William S. Boyd School of Law, The University of Mississippi School of Law, New York University School of Law, University of North Carolina School of Law, Fordham University School of Law, University of Chicago - Law School, Texas Christian University - M.J. Neeley School of Business, University of Chicago - Booth School of Business, Drake University - Law School, Yale Law School, Graduate School of Business, Stanford University, University of Iowa College of Law, University of Wyoming College of Law, University of New Hampshire Franklin Pierce School of Law, Adolf A. Berle, Jr. Center on Corporations, Law and Society, Seattle University School of Law, St. John's University School of Law, Yale School of Management, affiliation not provided to SSRN and Cornell Law School

Downloads 162 (398,189)

Abstract:

22.

Nothing to hide? Gender and age differences in willingness to share data

Swiss Finance Institute Research Paper No. 24-99

Number of pages: 35 Posted: 26 Apr 2024 Last Revised: 13 Mar 2025

Olivier Armantier, Sebastian Doerr, Jon Frost, Andreas Fuster and Kelly Shue

Chapman University - Economic Science Institute, Bank for International Settlements, Bank for International Settlements (BIS), École Polytechnique Fédérale de Lausanne (EPFL) and Yale School of Management

Downloads 117 (524,883)

Citation 1

Abstract:

23.

Do Managers Do Good with Other People's Money?

NBER Working Paper No. w19432

Number of pages: 42 Posted: 14 Sep 2013 Last Revised: 24 Jul 2023

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 99 (582,018)

Citation 22

Abstract:

24.

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: 19 Jul 2023

Kelly Shue and Richard R. Townsend

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

Downloads 82 (654,187)

Citation 21

Kelly Shue

Yale School of Management

National Bureau of Economic Research (NBER)

European Corporate Governance Institute (ECGI)

24

Top 1,199

45,201

Top 1,438

507

Scholarly Papers (24)

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Noisy Experts? Discretion in Regulation

Abstract:

Abstract:

Abstract:

Abstract:

Abstract: