Publications

Hidden Debt, Hidden Deficits

Joshua D. Rauh

A Hoover Institution Essay Hoover Institution, Stanford University April112016

Implications of Heterogeneity in Preferences, Beliefs and Asset Trading Technologies in an Endowment Economy

YiLi Chien, Harold Cole, Hanno Lustig

Review of Economics Dynamics April2016 Vol. 20 Pages 215-239.

Political Representation and Governance: Evidence from the Investment Decisions of Public Pension Funds

Aleksandar Andonov, Yael Hochberg, Joshua D. Rauh

Journal of Finance March272016

Inefficient Investment Waves

Zhiguo He, Péter Kondor

Econometrica March2016 Vol. 84 Issue 2 Pages 735–780.

Debt and Creative Destruction: Why Could Subsidizing Corporate Debt Be Optimal?

Zhiguo He, Gregor Matvos

Management Science February2016 Vol. 62 Issue 2 Pages 303–630.

The Common Factor in Idiosyncratic Volatility: Quantitative Asset Pricing Implications

Hanno Lustig, Bernard Herskovic, Bryan Kelly, Stijn Van Nieuwerburgh

Journal of Financial Economics February2016 Vol. 119 Issue 2 Pages 249-283.

The Missed Opportunity and Challenge of Capital Regulation

Anat R. Admati

National Institute Economic Review February2016 Vol. 235 Issue 1 Pages R4–R14.

Robust Option Pricing: Hannan and Blackwell Meet Black and Scholes

Peter M. DeMarzo

Journal of Economic Theory January222016 Vol. 163 Pages 410-434.

Leverage and Beliefs: Personal Experience and Risk Taking in Margin Lending

Hans-Joachim Voth

American Economic Review 2016 Vol. 106 Issue 11 Pages 3367-3400.

Rethinking Financial Regulation: How Confusion Has Prevented Progress

Anat R. Admati

Progress and Confusion: The State of Macroeconomic Policy MIT Press Cambridge 2016 Pages 61-72.

Asset Quality Misrepresentation by Financial Intermediaries: Evidence from the RMBS Market

Tomasz Piskorski, James Witkin, Amit Seru

Journal of Finance December2015 Vol. 70 Issue 6 Pages 2635-2678.

The Impact of Treasury Supply on Financial Sector Lending and Stability

Arvind Krishnamurthy, Annette Vissing-Jorgensen

Journal of Financial Economics December2015 Vol. 118 Issue 3 Pages 571-600.

Measuring Skill in the Mutual Fund Industry

Jonathan B. Berk, Jules H. van Binsbergen

Journal of Financial Economics October2015 Vol. 18 Issue 1 Pages 1–20.

Financial Literacy Skills for the 21th Century: Evidence from PISA

Annamaria Lusardi

The Journal of Consumer Affairs September2015 Vol. 49 Issue 3 Pages 639–659.

Bankruptcy Rates among NFL Players with Short-Lived Income Spike

Kyle Carlson, Joshua Kim, Annamaria Lusardi, Colin F. Camerer

American Economic Review May2015 Vol. 105 Issue 5 Pages 381–384.

Central Clearing and Collateral Demand

Darrell Duffie, Martin Scheicher, Guillaume Vuillemey

Journal of Financial Economics May2015 Vol. 116 Issue 2 Pages 237-256.

International Liquidity and Exchange Rate Dynamics

Xavier Gabaix, Matteo Maggiori

The Quarterly Journal of Economics March182015 Vol. 130 Issue 3 Pages 1369–1420.

Assessing Asset Pricing Models using Revealed Preference

Jonathan B. Berk, Jules H. van Binsbergen

Forthcoming: Journal of Financial Economics March142015

Size Anomalies in U.S. Bank Stock Returns

Priyank Gandhi, Hanno Lustig

The Journal of Finance March122015 Vol. 70 Issue 2 Pages 733-768.

Very Long-Run Discount Rates

Matteo Maggiori, Johannes Stroebel

The Quarterly Journal of Economics February2015 Vol. 130 Issue 1 Pages 1-53.