Asaf Manela

Washington University in Saint Louis - John M. Olin Business School

Assistant Professor of Finance

One Brookings Drive

Campus Box 1133

St. Louis, MO 63130-4899

United States

http://apps.olin.wustl.edu/faculty/manela

SCHOLARLY PAPERS

9

DOWNLOADS
Rank 25,209

SSRN RANKINGS

Top 25,209

in Total Papers Downloads

1,395

CITATIONS

2

Scholarly Papers (9)

1.

An Empirical Evaluation of the Black-Litterman Approach to Portfolio Choice

Number of pages: 37 Posted: 12 Mar 2011 Last Revised: 26 Oct 2012
Michael Gofman and Asaf Manela
University of Wisconsin - Madison - Department of Finance, Investment and Banking and Washington University in Saint Louis - John M. Olin Business School
Downloads 239 (83,250)

Abstract:

Bayesian portfolio choice, learning from prices, Black-Litterman

2.

The Shadow Cost of Bank Capital Requirements

Review of Financial Studies, Forthcoming
Number of pages: 53 Posted: 19 Jun 2013 Last Revised: 24 Feb 2016
Roni Kisin and Asaf Manela
Visiting Wharton School, University of Pennsylvania and Washington University in Saint Louis - John M. Olin Business School
Downloads 194 (66,835)
Citation 1

Abstract:

Financial intermediation, Bank capital requirements, Cost of capital regulation, Leverage, Regulatory Arbitrage, Loophole

3.

News Implied Volatility and Disaster Concerns

Journal of Financial Economics (JFE), Vol. 123, No. 1, 2017
Number of pages: 63 Posted: 21 Jan 2014 Last Revised: 10 Jan 2017
Asaf Manela and Alan Moreira
Washington University in Saint Louis - John M. Olin Business School and Yale University
Downloads 112 (95,080)

Abstract:

Text-based analysis, implied volatility, rare disasters, equity premium, return predictability, machine learning

4.

The Value of Diffusing Information

Journal of Financial Economics (JFE), Vol. 111, No. 1, 2014
Number of pages: 43 Posted: 18 Nov 2008 Last Revised: 21 Jan 2014
Asaf Manela
Washington University in Saint Louis - John M. Olin Business School
Downloads 106 (180,893)

Abstract:

Value of information, Information diffusion, Percolation, Media coverage, Drug approvals

5.
Downloads 104 (205,994)
Citation 1

Information Acquisition in Rumor-Based Bank Runs

Journal of Finance, Forthcoming
Number of pages: 55 Posted: 02 Sep 2011 Last Revised: 21 Jan 2014
Zhiguo He and Asaf Manela
University of Chicago - Booth School of Business, and NBER and Washington University in Saint Louis - John M. Olin Business School
Downloads 101 (211,430)
Citation 1

Abstract:

Bank runs, learning, information acquisition, belief heterogeneity, asynchronous awareness, temporal coordination, stress tests

Information Acquisition in Rumor Based Bank Runs

NBER Working Paper No. w18513
Number of pages: 55 Posted: 03 Nov 2012
Zhiguo He and Asaf Manela
University of Chicago - Booth School of Business, and NBER and Washington University in Saint Louis - John M. Olin Business School
Downloads 3 (532,960)
Citation 1

Abstract:

6.

Funding and Incentives of Regulators: Evidence from Banking

Number of pages: 47 Posted: 20 Nov 2014 Last Revised: 14 Dec 2016
Roni Kisin and Asaf Manela
Visiting Wharton School, University of Pennsylvania and Washington University in Saint Louis - John M. Olin Business School
Downloads 88 (150,062)

Abstract:

Regulation, User fees, Funding Regulation, Financial Regulation

7.

Intermediary Asset Pricing: New Evidence from Many Asset Classes

NBER Working Paper No. w21920
Number of pages: 69 Posted: 25 Jan 2016
Zhiguo He, Bryan T. Kelly and Asaf Manela
University of Chicago - Booth School of Business, and NBER, University of Chicago - Booth School of Business and Washington University in Saint Louis - John M. Olin Business School
Downloads 11 (470,514)

Abstract:

8.

Hub-and-Spoke Regulation and Bank Leverage

Number of pages: 51 Posted: 16 Oct 2016 Last Revised: 23 Jan 2017
Yadav Gopalan, Ankit Kalda and Asaf Manela
Washington University in Saint Louis, John M. Olin Business School, Washington University in Saint Louis, John M. Olin Business School and Washington University in Saint Louis - John M. Olin Business School
Downloads 0 (301,200)

Abstract:

hub-and-spoke, financial regulation, bank supervision, field offices, distance, proximity, regulatory capture

9.

Estimating the Value of Information

Number of pages: 48 Posted: 04 Jun 2016 Last Revised: 29 Nov 2016
Ohad Kadan and Asaf Manela
Washington University in Saint Louis - John M. Olin Business School and Washington University in Saint Louis - John M. Olin Business School
Downloads 0 (279,213)

Abstract:

value of information, informativeness, options prices, recovery