Faculty Research Prizes

Prize for the Best Faculty Research Paper in Finance

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

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

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

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

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

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

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

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

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”

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”

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

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

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

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

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"