Working Papers 2017

01-17
Noisy Active Management
Robert F. Stambaugh

02-17
Fund Tradeoffs
Lubos Pastor, Robert F. Stambaugh and Lucian A. Taylor

03-17
Cyclical Dispersion in Expected Defaults
Joao F. Gomes, Marco Grotteria and Jessica A. Wachter
(Review of Financial Studies, Forthcoming)

04-17
Anomalies Abroad:  Beyond Data Mining
Xiaomeng Lu, Robert F. Stambaugh and Yu Yuan

05-17
Negative Swap Spreads and Limited Arbitrage
Urban J. Jermann

06-17
Shifts in Sectoral Wealth Shares and Risk Premia:  What Explains them?
Ravi Bansal, Colin Ward and Amir Yaron

07-17
The Rise of Common Ownership
Erik P. Gilje, Todd A. Gormley and Doron Levit

08-17
Fearing the Fed:  How Wall Street Reads Main Street
Tzuo-Hann Law, Dongho Song and Amir Yaron

09-17
Core-Periphery Trading Networks
Chaojun Wang

10-17
Customer Capital, Financial Constraints and Stock Returns
Winston Wei Dou, Yan Ji, David Reibstein and Wei Wu

11-17
The Macroeconomic Announcement Premium
Jessica A. Wachter and Yicheng Zhu

12-17
How Important are Inflation Expectations for the Nominal Yield Curve?
Roberto Gomez-Cran and Amir Yaron

13-17
Marketing Mutual Funds
Nikolai Roussanov, Hongxun Ruan and Yanhao Wei

14-17
Pricing Long-lived Securities in Dynamic Endowment Economies
Jerry Tsai and Jessica A. Wachter
(Journal of Economic Theory, Vol. 177, September 2018)

15-17
Valuable Information and Costly Liquidity:  Evidence from Individual Mutual Fund Trades
Susan E. K. Christoffersen, Donald Keim, David Musto and Aleksandra Rzeznik

16-17
Standing on the shoulders of giants:  The effect of passive investors on activism
Ian R. Appel, Todd A. Gormley and Donald B. Keim
(Review of Financial Studies, Forthcoming)