____________________Publications_____________________

 

1.) Supply and Demand Shifts in the Shorting Market (with Karl Diether and Christopher Malloy), 2007

                Journal of Finance 62, 2061-2096

• Winner of Smith Breeden Prize for the Best Paper Published in the Journal of Finance in Asset Pricing (Distinguished Paper) 2007

 

2.) Economic Links and Predictable Returns (with Andrea Frazzini), 2008

                Journal of Finance, 63, 1977-2011.

Appendix containing results on supplier momentum and analyst revisions

 

• Winner of Smith Breeden Prize for the Best Paper Published in the Journal of Finance in Asset Pricing (Distinguished Paper) 2008

• Winner of Emerald Citation of Excellence Award 2009

• Winner of First Prize, Chicago Quantitative Alliance Academic Paper Competition 2006

• Winner of BSI Gamma Foundation Grant, Firm Characteristics and Investment Management 2006  

 

3.) The Small World of Investing: Board Connections and Mutual Fund Returns (with Andrea Frazzini and Christopher Malloy), 2008

Journal of Political Economy, 116, 951-979.

 

• Winner of Barclays Global Investors Award, Best Paper in Asset Pricing, European Finance Association 2007

 

4.) Shorting Demand and Predictability of Returns (with Karl Diether and Christopher Malloy), 2009,

                Journal of Investment Management, 7, 36-52.

 

5.) Loyalty Based Portfolio Choice, 2009

                Review of Financial Studies, 22, 1213-1245.

 

6.) Attracting Flows by Attracting Big Clients (with Breno Schmidt), 2009

                Journal of Finance, 64, 2125-2152.

Appendix

 

• Winner of Society of Quantitative Analysts Award, Best Paper in Quantitative Investments, Western Finance Association 2007

• Winner of Barclays Global Investors Best Paper Prize, Asset Allocation Symposium, European Finance Association 2006

 

7.) Sell Side School Ties (with Andrea Frazzini and Christopher Malloy), 2010

                Journal of Finance, 65, 1409-1437.

Appendix containing results on All-Star status and long-horizon returns

 

• Winner of Smith Breeden Prize for the Best Paper Published in the Journal of Finance in Asset Pricing (Distinguished Paper) 2010

 

8.) The Power of Alumni Networks (with Christopher Malloy), 2010,

              Harvard Business Review 88, no. 10.

 

9.) Hiring Cheerleaders: Board Appointments of "Independent" Directors (with Andrea Frazzini and Christopher Malloy), 2012

         Management Science, 58, 1039-1058.

Appendix

 

10.) Complicated Firms (with Dong Lou), 2012

         Journal of Financial Economics, 104, 383-400.

 

• Winner of First Prize, Crowell Memorial Award for best paper in quantitative investments, PanAgora Asset Management 2011

• Winner of the Best Paper Prize of the Center for Research in Security Prices (CRSP) Forum 2010

• Winner of First Prize, ISE 25th Anniversary Best Paper Competition 2010

• Winner of Institute for Quantitative Investment Research (INQUIRE) Grant 2010

• Winner of Paul Woolley Centre Academic Grant 2010

 

11.) Do Powerful Politicians Cause Corporate Downsizing? (with Joshua Coval and Christopher Malloy), 2011

                Journal of Political Economy, 199, 1015-1060. (Click here for a response to Snyder and Welch, click here for the data, and click here for the code.)

 

• Testimony to Congress, September 29, 2010

 

12.) Decoding Inside Information (with Christopher Malloy and Lukasz Pomorski), 2012

               Journal of Finance, 67, 1009-1044.

 

• Winner of First Prize, Chicago Quantitative Alliance Academic Paper Competition 2010

• Winner of Institute for Quantitative Investment Research (INQUIRE) Grant 2009

 

13.) Misvaluing Innovation (with Karl Diether and Christopher Malloy), 2013

              Review of Financial Studies, 26, 635-666.

 

14.) Friends in High Places (with Christopher Malloy), June 2013

              American Economics Journal: Economic Policy 6, 63-91.

 

15.) Legislating Stock Prices (with Karl Diether and Christopher Malloy), June 2013

              Journal of Financial Economics, 110, 574-595.

 

• Winner of Fama-DFA Prize for the Best Paper Published in the Journal of Financial Economics in Asset Pricing (Distinguished Paper) 2013 

 

16.) Resident Networks and Corporate Connections: Evidence from World War II Internment Camps (with Umit Gurun and Christopher Malloy), 2015

              Journal of Finance, forthcoming.

 

• Winner of First Prize, the Inaugural Hakan Orbay Research Award, 2015

 

17.) Industry Window Dressing  (with Huaizhi Chen and Dong Lou), February 2016

             Review of Financial Studies, forthcoming.

 

 

Book Chapters

 

18.) Who Chooses Board Members? (with Ali Akyol), 2013

Advances in Financial Economics, Volume 16, edited by Kose John, Anil Makhija, and Stephen Ferris.

 

19.) Empirical Evidence on the Behavior and Impact of Patent Trolls: A Survey (with Umit Gurun andScott Kominers), 2015. Prepared for Patent Assertion Entities and Competition Policy, CambridgeUniversity Press, edited by D. Daniel Sokol.