NYU Stern

Faculty Research Prizes

Prize for the Best Faculty Research Paper in Finance

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"