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Roberto Gomez Cram

London Business School

Assistant Professor

Regent's Park, London NW1 4SA

Regent's Park

London, London NW1 4SA

United Kingdom

  • London Business School

SCHOLARLY PAPERS

14

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17,013

TOTAL CITATIONS
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SSRN RANKINGS

Top 17,416

in Total Papers Citations

31

Scholarly Papers (14)

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1.

Prediction Market Accuracy: Crowd Wisdom or Informed Minority?

Number of pages: 78 Posted: 22 Apr 2026 Last Revised: 25 Jun 2026
Roberto Gomez Cram, Yunhan Guo, Theis Ingerslev Jensen and Howard Kung
London Business School, London Business School, Yale University and London Business School
Downloads 5,035 (7,607)

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prediction markets, wisdom of crowds, informed trading, insider trading

2.

Financial Prediction Markets: A New Measure of Earnings Expectations

Number of pages: 54 Posted: 18 Dec 2025 Last Revised: 02 Apr 2026
Roberto Gomez Cram, Yunhan Guo, Theis Ingerslev Jensen and Howard Kung
London Business School, London Business School, Yale University and London Business School
Downloads 3,041 (11,335)

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3.

Late to Recessions: Stocks and the Business Cycle

Journal of Finance, Forthcoming
Number of pages: 98 Posted: 28 Sep 2020 Last Revised: 25 Jun 2021
Roberto Gomez Cram
London Business School
Downloads 1,689 (26,754)

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equity risk premia, business cycles

4.

Real-time Price Discovery via Verbal Communication: Method and Application to Fedspeak

Journal of Financial Economics (JFE), Vol. 143, No. 3, 2022, Proceedings of Paris December 2020 Finance Meeting EUROFIDAI - ESSEC
Number of pages: 71 Posted: 23 Jun 2020 Last Revised: 01 Jun 2023
Roberto Gomez Cram and Marco Grotteria
London Business School and London Business School
Downloads 1,229 (42,932)
Citation 1

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Price Discovery, Monetary Policy, Federal Reserve, FOMC, Video Data

5.

Government Debt in Mature Economies. Safe or Risky? 

Number of pages: 72 Posted: 27 Aug 2024
Roberto Gomez Cram, Howard Kung and Hanno N. Lustig
London Business School, London Business School and Stanford Graduate School of Business
Downloads 1,228 (43,339)
Citation 4

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6.

Measuring the Expected Effects of the Global Tax Reform

Review of Financial Studies
Number of pages: 86 Posted: 11 Mar 2022 Last Revised: 12 Feb 2025
Roberto Gomez Cram and Marcel Olbert
London Business School and University of Mannheim - Business School
Downloads 935 (62,313)
Citation 8

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International tax reform, asset prices, regulation, tax avoidance, tax competition, high-frequency identification

7.

Can U.S. Treasury Markets Add and Subtract? 

Stanford University Graduate School of Business Research Paper No. 4693279
Number of pages: 92 Posted: 28 Jan 2024 Last Revised: 08 Apr 2025
Roberto Gomez Cram, Howard Kung and Hanno N. Lustig
London Business School, London Business School and Stanford Graduate School of Business
Downloads 887 (68,060)
Citation 3

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fiscal policy, monetary policy, bond pricing, federal budget

8.

The Value of Software

Number of pages: 130 Posted: 18 Oct 2022 Last Revised: 12 Feb 2025
Roberto Gomez Cram and Alastair Lawrence
London Business School and London Business School
Downloads 809 (76,240)
Citation 5

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Digital economy, software valuation, asset pricing

9.

Using Social Media to Identify the Effects of Congressional Viewpoints on Asset Prices

Downloads 745 (84,877)
Citation 10

Using Social Media to Identify the Effects of Congressional Viewpoints on Asset Prices

Number of pages: 64 Posted: 12 Apr 2021 Last Revised: 10 Nov 2023
Francesco Bianchi, Roberto Gomez Cram and Howard Kung
Johns Hopkins University, London Business School and London Business School
Downloads 699 (90,880)

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Asset pricing, political news, social media, high-frequency identification.

Using Social Media to Identify the Effects of Congressional Viewpoints on Asset Prices

NBER Working Paper No. w28749
Number of pages: 80 Posted: 03 May 2021 Last Revised: 22 Jul 2023
Francesco Bianchi, Howard Kung and Roberto Gomez Cram
Johns Hopkins University, London Business School and London Business School
Downloads 44 (1,157,169)

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Using Social Media to Identify the Effects of Congressional Viewpoints on Asset Prices

CEPR Discussion Paper No. DP16034
Number of pages: 57 Posted: 14 May 2021 Last Revised: 04 Feb 2022
Francesco Bianchi, Roberto Gomez Cram and Howard Kung
Johns Hopkins University, London Business School and London Business School
Downloads 2 (1,657,086)
Citation 10

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Asset Pricing, High-Frequency Identification, partisanship, social media

10.

Fiscal Redistribution Risk in Treasury Markets

Downloads 567 (130,928)

Fiscal Redistribution Risk in Treasury Markets

Number of pages: 68 Posted: 25 Apr 2025 Last Revised: 12 May 2026
Roberto Gomez Cram, Howard Kung, Hanno N. Lustig and David Zeke
London Business School, London Business School, Stanford Graduate School of Business and Board of Governors of the Federal Reserve System
Downloads 536 (139,045)

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fiscal policy, monetary policy, bond pricing

Fiscal Redistribution Risk in Treasury Markets

NBER Working Paper No. w33769
Number of pages: 41 Posted: 13 May 2025
Roberto Gomez Cram, Howard Kung and David Zeke
London Business School, London Business School and Board of Governors of the Federal Reserve System
Downloads 31 (1,341,098)
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11.

Government Spending and Rising Industry Stars

Number of pages: 78 Posted: 07 Mar 2025 Last Revised: 07 Oct 2025
Roberto Gomez Cram, Yunhan Guo, Howard Kung and Luca Mecca
London Business School, London Business School, London Business School and London Business School
Downloads 419 (175,046)

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12.

Government Funding Costs Under Financial Repression

Downloads 231

Government Funding Costs Under Financial Repression

Number of pages: 49 Posted: 23 Jun 2026
Roberto Gomez Cram, Howard Kung, Hanno N. Lustig and David Zeke
London Business School, London Business School, Stanford Graduate School of Business and Board of Governors of the Federal Reserve System
Downloads 230

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Financial Repression, Government Funding Costs, Sovereign Debt, Fiscal Policy, Monetary Policy, Inflationary Finance, Government Bond Risk Premia, Fiscal Redistribution, Treasury Markets

Government Funding Costs Under Financial Repression

NBER Working Paper No. w35391
Number of pages: 50 Posted: 30 Jun 2026
Roberto Gomez Cram, Howard Kung, Hanno Lustig and David Zeke
London Business School, London Business School, Stanford University and Board of Governors of the Federal Reserve System
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13.

A Note on CBO Cost Estimates and Budget Targets

Number of pages: 6 Posted: 08 Jan 2025
Roberto Gomez Cram, Howard Kung and Hanno N. Lustig
London Business School, London Business School and Stanford Graduate School of Business
Downloads 127 (576,708)

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14.

Can Treasury Markets Add and Subtract?

NBER Working Paper No. w33604
Number of pages: 93 Posted: 25 Mar 2025
Roberto Gomez Cram and Howard Kung
London Business School and London Business School
Downloads 71 (867,774)

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