Matthew I. Spiegel

Yale University - Yale School of Management, International Center for Finance

Professor of Finance

135 Prospect Street

P.O. Box 208200

New Haven, CT 06520-8200

United States

http://som.yale.edu/~spiegel

SCHOLARLY PAPERS

31

DOWNLOADS
Rank 459

SSRN RANKINGS

Top 459

in Total Papers Downloads

33,708

CITATIONS
Rank 947

SSRN RANKINGS

Top 947

in Total Papers Citations

566

Scholarly Papers (31)

Portfolio Performance Manipulation and Manipulation-Proof Performance Measures

Yale ICF Working Paper No. 02-08, AFA 2003 Washington, DC Meetings
Number of pages: 48 Posted: 22 Mar 2002
Yale School of Management - International Center for Finance, Yale School of Management - International Center for Finance, Yale University - Yale School of Management, International Center for Finance and University of California, Los Angeles (UCLA)
Downloads 7,291 (561)
Citation 101

Abstract:

Portfolio Performance Manipulation and Manipulation-Proof Performance Measures

The Review of Financial Studies, Vol. 20, Issue 5, pp. 1503-1546, 2007
Posted: 26 Jun 2008
Yale School of Management - International Center for Finance, Yale University - Yale School of Management, International Center for Finance, Yale School of Management - International Center for Finance and University of California, Los Angeles (UCLA)

Abstract:

G11, G23, G24

2.
Downloads 5,127 ( 1,048)
Citation 53

Estimating the Dynamics of Mutual Fund Alphas and Betas

Yale ICF Working Paper No. 03-03; EFA 2003 Annual Conference Paper No. 803; AFA 2004 San Diego Meetings
Number of pages: 40 Posted: 10 Mar 2005
Matthew I. Spiegel, Harry Mamaysky and Hong Zhang
Yale University - Yale School of Management, International Center for Finance, Columbia University - Columbia Business School and Tsinghua University - PBC School of Finance
Downloads 5,127 (1,033)
Citation 53

Abstract:

Estimating the Dynamics of Mutual Fund Alphas and Betas

The Review of Financial Studies, Vol. 21, Issue 1, pp. 233-264, 2008
Posted: 26 Jun 2008
Harry Mamaysky, Matthew I. Spiegel and Hong Zhang
Columbia University - Columbia Business School, Yale University - Yale School of Management, International Center for Finance and Tsinghua University - PBC School of Finance

Abstract:

3.

Cross-sectional Variation in Stock Returns: Liquidity and Idiosyncratic Risk

Yale ICF Working Paper No. 05-13, EFA 2005 Moscow Meetings Paper
Number of pages: 51 Posted: 23 Apr 2005
Matthew I. Spiegel and Xiaotong Wang
Yale University - Yale School of Management, International Center for Finance and Yale University - International Center for Finance
Downloads 4,095 (1,354)
Citation 99

Abstract:

idiosyncratic risk, liquidity, stock returns

4.
Downloads 3,710 ( 1,858)
Citation 39

Improved Forecasting of Mutual Fund Alphas and Betas

Yale ICF Working Paper No. 04-23, EFA 2005 Moscow Meetings
Number of pages: 42 Posted: 27 Jul 2005
Matthew I. Spiegel, Harry Mamaysky and Hong Zhang
Yale University - Yale School of Management, International Center for Finance, Columbia University - Columbia Business School and Tsinghua University - PBC School of Finance
Downloads 3,710 (1,817)
Citation 39

Abstract:

Mutual fund performance, back test

Improved Forecasting of Mutual Fund Alphas and Betas

Review of Finance, Vol. 11, Issue 3, pp. 359-400, 2007
Posted: 14 Jul 2008
Harry Mamaysky, Matthew I. Spiegel and Hong Zhang
Columbia University - Columbia Business School, Yale University - Yale School of Management, International Center for Finance and Tsinghua University - PBC School of Finance

Abstract:

G12, G13

5.

Home Equity Insurance: A Pilot Project

Yale ICF Working Paper No. 03-12
Number of pages: 33 Posted: 28 May 2003
Yale School of Management - International Center for Finance, New York University (NYU) - Department of Economics, Neighborhood Reinvestment Corporation, Yale University - Yale School of Management, Neighborhood Reinvestment Corporation, University of Chicago - Law School, Yale University - Yale School of Management, International Center for Finance and Real Liquidity
Downloads 2,060 (4,967)
Citation 11

Abstract:

6.

Modeling and Measuring Russian Corporate Governance: The Case of Russian Preferred and Common Shares (English Version)

Yale ICF Working Paper No. 02-06
Number of pages: 43 Posted: 09 Apr 2002
William N. Goetzmann, Andrey Ukhov and Matthew I. Spiegel
Yale School of Management - International Center for Finance, Cornell University and Yale University - Yale School of Management, International Center for Finance
Downloads 2,035 (5,247)
Citation 8

Abstract:

7.

A Theory of Mutual Funds: Optimal Fund Objectives and Industry Organization

Yale ICF Working Paper No. 00-50
Number of pages: 65 Posted: 04 Sep 2001
Matthew I. Spiegel and Harry Mamaysky
Yale University - Yale School of Management, International Center for Finance and Columbia University - Columbia Business School
Downloads 1,699 (6,869)
Citation 37

Abstract:

8.

Closed-End Fund Discounts in a Rational Agent Economy

Number of pages: 41 Posted: 08 Jan 1998
Matthew I. Spiegel
Yale University - Yale School of Management, International Center for Finance
Downloads 655 (30,167)
Citation 8

Abstract:

9.
Downloads 639 ( 32,316)
Citation 24

Toehold Strategies, Takeover Laws And Rival Bidders

Yale ICF Working Paper No. 99-05; New York University, Center for Law and Business, Working Paper No. 98-024
Number of pages: 41 Posted: 14 Feb 1999
S. Abraham Ravid and Matthew I. Spiegel
Yeshiva University - Syms School of Business and Yale University - Yale School of Management, International Center for Finance
Downloads 639 (31,818)
Citation 24

Abstract:

Toehold Strategies, Takeover Laws and Rival Bidders

Journal of Banking and Finance
Posted: 14 Feb 1999
S. Abraham Ravid and Matthew I. Spiegel
Yeshiva University - Syms School of Business and Yale University - Yale School of Management, International Center for Finance

Abstract:

Anatomy of a Market Failure: NYSE Trading Suspensions (1974-1988)

Number of pages: 33 Posted: 12 May 1997
Utpal Bhattacharya and Matthew I. Spiegel
Hong Kong University of Science & Technology (HKUST) - HKUST School of Business and Management and Yale University - Yale School of Management, International Center for Finance
Downloads 584 (35,933)
Citation 11

Abstract:

Trading halts; Market resiliency; Liquidity; Inventory control; Adverse selection

Anatomy of a Market Failure: NYSE Trading Suspensions (1974-1988)

Journal of Business and Economic Statistics, Vol. 16, April 1998
Posted: 25 Aug 1998
Utpal Bhattacharya and Matthew I. Spiegel
Hong Kong University of Science & Technology (HKUST) - HKUST School of Business and Management and Yale University - Yale School of Management, International Center for Finance

Abstract:

11.

Modeling and Measuring Russian Corporate Governance: The Case of Russian Preferred and Common Shares (Russian Version)

Yale ICF Working Paper No. 03-25
Number of pages: 43 Posted: 13 Jul 2003
Matthew I. Spiegel, William N. Goetzmann and Andrey Ukhov
Yale University - Yale School of Management, International Center for Finance, Yale School of Management - International Center for Finance and Cornell University
Downloads 575 (36,733)
Citation 8

Abstract:

12.

The Policy Implications of Portfolio Choice in Underserved Mortgage Markets

Yale ICF Working Paper No. 00-18; Yale SOM Working Paper No. ICF - 00-18
Number of pages: 29 Posted: 02 Nov 2000
Matthew I. Spiegel and William N. Goetzmann
Yale University - Yale School of Management, International Center for Finance and Yale School of Management - International Center for Finance
Downloads 549 (38,677)
Citation 12

Abstract:

13.

Housing Return And Construction Cycles

Yale ICF Working Paper No. 99-02
Number of pages: 49 Posted: 09 Mar 1999
Matthew I. Spiegel
Yale University - Yale School of Management, International Center for Finance
Downloads 536 (39,387)
Citation 9

Abstract:

14.

Dynamic Competition, Innovation and Strategic Financing

Number of pages: 64 Posted: 17 Jul 2008 Last Revised: 01 Mar 2015
Matthew I. Spiegel and Heather Tookes
Yale University - Yale School of Management, International Center for Finance and Yale University - Yale School of Management
Downloads 489 (37,656)
Citation 17

Abstract:

stragetic financing, finance, market competition, corporate financing

15.

Are Chads Democrats? An Analysis of the Florida Presidential Recount

Yale ICF Working Paper No. 00-23; Yale SOM Working Paper No. ICF - 00-23
Number of pages: 32 Posted: 12 Dec 2000
Matthew I. Spiegel
Yale University - Yale School of Management, International Center for Finance
Downloads 419 (54,996)

Abstract:

16.

Dynamic Competition, Valuation and Merger Activity

Journal of Finance, Forthcoming
Number of pages: 69 Posted: 16 Sep 2010 Last Revised: 26 Sep 2011
Matthew I. Spiegel and Heather Tookes
Yale University - Yale School of Management, International Center for Finance and Yale University - Yale School of Management
Downloads 416 (50,735)
Citation 4

Abstract:

17.

Do Cities and Suburbs Cluster?

Cityscape, Vol. 3, No. 3, 1998
Number of pages: 12 Posted: 05 Apr 1999
William N. Goetzmann, Matthew I. Spiegel and Susan M. Wachter
Yale School of Management - International Center for Finance, Yale University - Yale School of Management, International Center for Finance and University of Pennsylvania - Wharton School, Department of Real Estate
Downloads 368 (63,060)
Citation 2

Abstract:

18.

Mutual Fund Risk and Market Share Adjusted Fund Flows

Journal of Financial Economics (JFE), Vol. 108, No. 2, 2013
Number of pages: 48 Posted: 22 Sep 2010 Last Revised: 31 Oct 2014
Matthew I. Spiegel and Hong Zhang
Yale University - Yale School of Management, International Center for Finance and Tsinghua University - PBC School of Finance
Downloads 337 (71,821)
Citation 9

Abstract:

mutual funds, fund flows, fund returns

Optimal Financial Contracts for a Start-Up with Unlimited Operating Discretion

Number of pages: 29 Posted: 10 Mar 1998
Matthew I. Spiegel and S. Abraham Ravid
Yale University - Yale School of Management, International Center for Finance and Yeshiva University - Syms School of Business
Downloads 313 (77,578)
Citation 14

Abstract:

Optimal Financial Contracts for a Start-Up with Unlimited Operating Discretion

Journal of Financial and Quantitative Analysis, Vol. 32 No. 3, September 1997
Posted: 10 Mar 1998
Matthew I. Spiegel and S. Abraham Ravid
Yale University - Yale School of Management, International Center for Finance and Yeshiva University - Syms School of Business

Abstract:

20.

Sharpening Sharpe Ratios

NBER Working Paper No. w9116
Number of pages: 51 Posted: 23 Aug 2002
Yale School of Management - International Center for Finance, Yale School of Management - International Center for Finance, Yale University - Yale School of Management, International Center for Finance and University of California, Los Angeles (UCLA)
Downloads 256 (78,618)
Citation 45

Abstract:

21.

Identifying an IPO's Impact on Rival Firms

Number of pages: 67 Posted: 14 Jun 2014 Last Revised: 13 Apr 2016
Matthew I. Spiegel and Heather Tookes
Yale University - Yale School of Management, International Center for Finance and Yale University - Yale School of Management
Downloads 242 (42,911)
Citation 1

Abstract:

Initial public offerings, dynamic corporate finance models, finance and product market competition

22.

Dynamic Corporate Capital Stocks: Cross-sectional and Inter-temporal Stock Return Patterns

AFA 2011 Denver Meetings Paper
Number of pages: 54 Posted: 26 Jul 2009 Last Revised: 27 Jan 2013
Jacob S. Sagi, Matthew I. Spiegel and Masahiro Watanabe
University of North Carolina Kenan-Flagler Business School, Yale University - Yale School of Management, International Center for Finance and University of Alberta - School of Business
Downloads 212 (114,269)
Citation 2

Abstract:

capital investment, profitability of capital, equity issuance, expected return, overlapping generations model, supply shocks

23.

Modeling and Measuring Russian Corporate Governance: The Case of Russian Preferred and Common Shares

NBER Working Paper No. w9469
Number of pages: 43 Posted: 07 Feb 2003
William N. Goetzmann, Andrey Ukhov and Matthew I. Spiegel
Yale School of Management - International Center for Finance, Cornell University and Yale University - Yale School of Management, International Center for Finance
Downloads 49 (316,112)
Citation 11

Abstract:

24.

Toehold Strategies and Rival Bidders

NYU Working Paper No. FIN-98-053
Number of pages: 37 Posted: 11 Nov 2008
S. Abraham Ravid and Matthew I. Spiegel
Yeshiva University - Syms School of Business and Yale University - Yale School of Management, International Center for Finance
Downloads 48 (324,777)
Citation 22

Abstract:

25.

An Experimental Comparison of Dispute Rates in Alternative Arbitration Systems

NBER Working Paper No. w3417
Number of pages: 52 Posted: 09 May 2011
Princeton University - Industrial Relations Section, National Bureau of Economic Research (NBER), Princeton University and Yale University - Yale School of Management, International Center for Finance
Downloads 12 (472,321)
Citation 20

Abstract:

26.

Forecasting the Equity Premium: Where We Stand Today

The Review of Financial Studies, Vol. 21, Issue 4, pp. 1453-1454, 2008
Posted: 08 Aug 2008
Matthew I. Spiegel
Yale University - Yale School of Management, International Center for Finance

Abstract:

27.

Note from the Editor

The Review of Financial Studies, Vol. 19, Issue 2, pp. 357-357, 2006
Posted: 29 Feb 2008
Matthew I. Spiegel
Yale University - Yale School of Management, International Center for Finance

Abstract:

28.

Asymmetric Information and News Disclosure Rules

Journal of Financial Intermediation, Vol. 9, No. 4
Posted: 12 Oct 2000
Matthew I. Spiegel and Avanidhar Subrahmanyam
Yale University - Yale School of Management, International Center for Finance and University of California, Los Angeles (UCLA) - Finance Area

Abstract:

29.

Stock Price Volatility in a Multiple Security Overlapping

Posted: 06 Nov 1997
Matthew I. Spiegel
Yale University - Yale School of Management, International Center for Finance

Abstract:

30.

A Spatial Model of Housing Returns and Neighborhood Substitutability

Journal OF Real Estate Finance and Economics, Vol. 14, Issue 1
Posted: 06 Jun 1997
Matthew I. Spiegel and William N. Goetzmann
Yale University - Yale School of Management, International Center for Finance and Yale School of Management - International Center for Finance

Abstract:

31.

Suburbs and Cities

Posted: 15 Nov 1996
William N. Goetzmann, Matthew I. Spiegel and Susan M. Wachter
Yale School of Management - International Center for Finance, Yale University - Yale School of Management, International Center for Finance and University of Pennsylvania - Wharton School, Department of Real Estate

Abstract: