Faculty Research Prizes

Prize for the Best Faculty Research Paper in Finance

2016-2017
Ralph S.J. Koijen and Motohiro Yogo
An Equilibrium Model of Institutional Demand and Asset Prices
 
Michael Bailey, Ruiqing Cao, Theresa Kuchler, and Johannes Stroebel
Social Networks and Housing Markets

2015-2016
Itamar Drechsler, Alexi Savov, and Philipp Schnabl
The Deposits Channel of Monetary Policy

2014-2015
Johannes Stroebel, Matteo Maggiori, and Stefano Giglio
Very Long-run Discount Rates

2013-2014
Matteo Maggiori
Financial Intermediation, International Risk Sharing, and Reserve Currencies

Stijn Van Nieuwerburg, Bryan T. Kelley, and Hanno N. Lustig
Too-Systemic-To-Fail: What Option Markets Imply About Sector-Wide Government Guarantees

2012-2013
Karthik Balakrishnan, Mary Brooke Billings, Bryan T. Kelly, and Alexander Ljungqvist
Shaping Liquidity: On the Causal Effects of Voluntary Disclosure

2011-2012
Viral Acharya, Itamar Dreschler, and Philipp Schnabl
“A Pyrrhic Victory? Bank Bailouts and Sovereign Credit Risk”

2010-2011
Ashwini K. Agrawal and David Matsa
“Labor Unemployment Risk and Corporate Financing Decisions”

2009-2010
Viral Acharya, Douglas Gale, and Tanju Yorulmazer
“Rollover Risk and Market Freezes”

2008-2009
Xavier Gabaix and Alex Edmans
“Tractability and Detail-Neutrality in Incentive Contracting”

2007-2008
Stijn Van Nieuwerburgh, Otto Van Hemert, and Ralph S. J. Koijen
”Mortgage Timing”

2006-2007
Sriketan Mahanti, Amrut Nashikar, Marti Subrahmanyam, George Chacko, and Gaurav Mallik
“Latent Liquidity: A New Measure of Liquidity, with an Application to Corporate Bonds

Alexander Ljungqvist, Christopher Malloy, and Felicia Marston
“Rewriting History”

2005-2006
Stijn Van Nieuwerburgh and Laura Veldkamp
“Information Immobility and the Home Bias Puzzle”

Daniel Wolfenzon, Morten Bennedsen, Kasper Nielsen, and Francisco Perez-Gonzalez
“Inside the Family Firm: The Role of Families in Succession Decisions and Performance”

2004-2005
Jeffrey Wurgler, Jessica Wachter, Lubomir Litov and Malcom Baker
“Can Mutual Fund Managers Pick Stocks? Evidence from their Trades Prior to Earnings Announcements”

2003-2004
Heitor Almeida and Daniel Wolfenzon
“A Theory of Family Business Groups and Pyramidal Ownership”

2002-2003
Viral Acharya and Lasse Pedersen
“Asset Pricing with Liquidity Risk”

David Yermack
“Remuneration, Retention, and Reputation Incentives for Outside Directors”

2001-2002
Holger Muller and Roman Inderest
“Internal vs. External Financing: An Optimal Contracting Approach”

Jessica Wachter
“Habit Formation and Returns on Stocks and Bonds”
Published as: "A Consumption-based Model of the Term Structure of Interest Rates"