Papers PUBLISHED (AND FORTHCOMING) In JOurnals

 

1. “Saving and Investing for Early Retirement: A Theoretical Analysis”, (joint with E. Farhi), Journal of Financial Economics, 2007, vol 83, Issue 1, pp. 87-122.

Winner of the Geewax, Terker Prize in Investment Research, Rodney L. White Center for Financial Research, 2005

 

2. “Optimal Inattention to the Stock Market” (joint with Andrew B. Abel and Janice Eberly), November 2006,  American Economic Review, P&P, May 2007, pp. 244-249

 

3. “Hedging Sudden Stops and Precautionary Contractions: A Quantitative Framework”, November 2005 (joint with R. Caballero) forthcoming, Journal of Development Economics

 

4. “High Water Marks: High Risk Appetites? Hedge Fund Compensation and Portfolio Choice” (joint with M. Westerfield), accepted for publication, Journal of Finance

 

 

PAPERS PUBLISHED AS BOOK CHAPTERS

 

1. “Contingent Reserves Management: An Applied Framework” (joint with R. Caballero)  in “External Vulnerability and Preventive Policies”(2006) Central Bank of Chile, Santiago Chile, Series on Central Banking Analysis and Policies, vol. 10

 

 

Working Papers

 

1. “Young, Old, Conservarive and Bold. The implications of finite lives and heterogeneity for Asset Pricing’’, (joint with Nicolae Garleanu), December 2007

 

2. “Optimal inattention to the stock market in the presence of transactions costs” (joint with Andrew B. Abel and Janice C. Eberly) , December 2007

 

3.  “Bailouts, the incentive to manage risk, and financial crises”, mimeo. The Wharton School, October 2007

 

4. “A Global Equilibrium Model of Sudden Stops and External Liquidity Management.’’ (joint with R. Caballero), September 2007

 

5. “Optimal Retirement Benefit Guarantees” mimeo. The Wharton School, January 2007.

Winner of the Geewax, Terker Prize in Investment Research, Rodney L. White Center for Financial Research, 2007

 

6. “Technological Growth, Asset Pricing, and Consumption Risk” (joint with Jianfeng Yu) , mimeo. The Wharton School,  December 2006

 

7. “The Neoclassical q Theory of Investment in Speculative Markets”, mimeo. The Wharton School, December 2005

 

8. “The real effects of stock market mispricing at the aggregate: Theory and Empirical Evidence” (joint with E. Farhi), mimeo. M.I.T. and the Wharton School, December 2004

 

 

 

 

 

 

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