Publications

The Zero-Beta Interest Rate

Sebastian Di Tella, Benjamin Hébert, Pablo Kurlat, Qitong Wang

Journal of Political Economy July2026 Vol. 134 Issue 7

Firm Investment and the User Cost of Capital: New US Corporate Tax Reform Evidence

Jonathan S. Hartley, Kevin A. Hassett, Joshua D. Rauh

Tax Policy and the Economy June22026 Vol. 40 Issue 1 Pages 171–206.

When Directors Need Direction: Whom Do Board Members Go to for Advice?

David F. Larcker, Stephen A. Miles, Amit Seru, Brian Tayan

Stanford Closer Look Series Corporate Governance Research Initiative June22026

Reforms to Ensure the Stability of the Euro–Member States, the EU and the ECB Need to Act

John H. Cochrane, Luis Garicano, Klaus Masuch

The Economists' Voice May222026

A Dynamic Model of the Racial Wealth Gap

Sylvain Catherine, Ellen Jiayang Lu, James D. Paron

The Review of Financial Studies May62026

Third-Party Litigation Financing Under a Veil of Secrecy: The Equilibrium Consequences of Disclosure Requirements

Steven Grenadier, Brian Grenadier

American Law and Economics Review May2026 Vol. Forthcoming

Bond Convenience Yields in the Eurozone Currency Union

Zhengyang Jiang, Hanno Lustig, Stijn Van Nieuwerburgh, Mindy Z. Xiaolan

Review of Financial Studies March302026

Swinging for the Fences: How Do CEO Mega Grants Pay Out for Companies and Shareholders?

David F. Larcker, Amit Seru, Brian Tayan

Stanford Closer Look Series Corporate Governance Research Initiative March32026

Manufacturing Risk-Free Government Debt

Zhengyang Jiang, Hanno Lustig, Stijn Van Nieuwerburgh, Mindy Z. Xiaolan

The Journal of Finance February2026 Vol. 176

A Breach in the Great Wall: Why Are Chinese Companies Listed in the U.S. Subject to Lower Disclosure Standards?

David F. Larcker, Amit Seru, Daniel J. Taylor, Brian Tayan

Stanford Closer Look Series Corporate Governance Research Initiative January262026

Do Coercive Liability-Management Exercises Destroy Firm Value?

Mike Harmon

ABI Journal January12026 Vol. XLV Issue 1

Global Imbalances and Power Imbalances

Christopher Clayton, Matteo Maggiori, Jesse Schreger

January2026

American Investment in Chinese Renminbi

Bruno Cavani, Christopher Clayton, Amanda Dos Santos, Matteo Maggiori, Jesse Schreger

American Economic Association Papers and Proceedings 2026 Vol. 116 Pages 41–46.

A Framework for Geoeconomics

Christopher Clayton, Matteo Maggiori, Jesse Schreger

Econometrica 2026 Vol. 94 Issue 1 Pages 105–136.

Liquidity, Debt Denomination, and Currency Dominance

Antonio Coppola, Arvind Krishnamurthy, Chenzi Xu

Journal of Finance 2026 Vol. Forthcoming

The Payment System Puts a Floor on the Fed’s Balance Sheet

Darrell Duffie

BPEA Conference Draft Brookings 2026

2025 Survey of Investors, Retirement Savings, and ESG

David F. Larcker, Amit Seru, Brian Tayan

CGRI Survey Series Corporate Governance Research Initiative, Governance of Organizations Working Group at the Hoover Institution December2025

A Dynamic Model of Context-based Retrieval

Madison D. Paron, James D. Paron, Michael J. Kahana

Journal of Mathematical Psychology December2025 Vol. 127

Japan's Debt Puzzle: Sovereign Wealth Fund from Borrowed Money

Yili Chien, Wenxin Du, Hanno Lustig

Journal of Economic Perspectives November2025 Vol. 39 Issue 4 Pages 3–26.

Model-Based Capital Regulation: Where Do We Stand and Where Should We Go from Here?

M. Behn, R. Haselmann, Vikrant Vig

Annual Review of Financial Economics November2025 Vol. 17