Academic publications

2018 and forthcoming

James Dow and Jungsuk Han (Forthcoming). The Paradox of Financial Fire Sales: the Role of Arbitrage Capital in Determining Liquidity. Journal of Finance

2017 and forthcoming

Anders Anderson, Forest Baker and David Robinson (2017). Precautionary savings, retirement planning and misperceptions of financial literacy. Journal of Financial Economics, vol. 126, pp. 383--398
Andrea Caggese, Vicente Cunat and Daniel Metzger (2017). Firing the Wrong Workers: Financing Constraints and Labor Misallocation. Journal of Financial Economics, vol. forthcoming
Gustav Martinsson and James R. Brown (2017). Does Transparency Stifle or Facilitate Innovation? . Management Science, vol. Forthcoming
James R. Brown, Gustav Martinsson and Bruce C. Petersen (2017). What Promotes R&D? Comparative Evidence from Around the World?. Research Policy, vol. 46, pp. 447-462
Jungsuk Han and Albert S. Kyle (2017). Speculative Equilibrium with Differences in Higher-Order Beliefs. Management Science, vol. forthcoming
Magnus Dahlquist, Adam Farago and Romeo Tedongap (2017). Asymmetries and Portfolio Choice. Review of Financial Studies, vol. 30, pp. 667-702
Magnus Dahlquist, Jose Vicente Martinez and Paul Söderlind (2017). Individual Investor Activity and Performance. Review of Financial Studies, vol. forthcoming
Mariana Khapko and Agatha Murgoci (2017). On Time Inconsistent Stochastic Control in Continuous Time. Finance and Stochastics

2016

Bo Becker and Jens Josephson (2016). Insolvency Resolution and the Missing High-Yield Bond Markets. Review of Financial Studies, vol. 29, pp. 2814-2849
Bo Becker (2016). How the insurance industry’s asset portfolio responds to regulation.
Cristian Huse and Nikita Koptyug (2016). Bailing On The Car That Wasn't Bailed Out: Bounding Consumer Reactions to Finar. Journal of Economics & Management Strategy, vol. Forthcoming
Daniel Neuhann and Farzad Saidi (2016). Do Universal Banks Finance Riskier But More Productive Firms?. Journal of Financial Economics, forthcoming
Francesco Sangiorgi and Chester Spatt (2016). Opacity, Credit Rating Shopping, and Bias. Management Science, vol. Forthcoming
Giovanni Favara and Mariassunta Giannetti (2016). Forced Asset Sales and the Concentration of Outstanding Debt: Evidence from the Mortgage Market. Journal of Finance, vol. Forthcoming
Irina Zviadadze (2016). Term structure of consumption risk premia in the cross section of currency returns. Journal of Finance, forthcoming
James R. Brown, Gustav Martinsson and Bruce C. Petersen (2016). Stock Markets, Credit Markets, and Technology-Led Growth . Journal of Financial Intermediation, vol. Forthcoming
Juha-Pekka Kallunki, Jenni Mikkonen, Henrik Nilsson and Hanna Setterberg (2016). Tax noncompliance and insider trading. Journal of Corporate Finance , vol. Vol 36, pp. 157--173
Kaveh Majlesi and Petter Lundborg (2016). On the Origins of Risk-Taking in Financial Markets. Journal of Finance, vol. Forthcoming
Magnus Dahlquist and Henrik Hasseltoft (2016). International Bond Risk Premia. Handbook of Fixed-Income Securities, vol. Chapter 9
Mariassunta Giannetti and Tracy Wang (2016). Corporate Scandals and Household Stock Market Participation. Journal of Finance
Mariassunta Giannetti (2016). Mariassunta Giannetti.
Mats Persson, Torsten Persson, Tomas Sjöström and Per Strömberg (2016). 2016 års Ekonomipris till Oliver Hart och Bengt Holmström. Ekonomisk Debatt, vol. 8, pp. 5-17
Mike Burkart and Samuel Lee (2016). Smart Buyers. Review of Corporate Finance Studies, vol. 5 (2), pp. 239-270
Pehr Wissén (2016). Varför har svenska bostadsobligationer korta löptider?. Riksbanksstudier, november 2016, pp. 54--70
Ramin Baghai and Bo Becker (2016). Non-rating revenue and conflicts of interest. Journal of Financial Economics, vol. forthcoming
Shai Bernstein, Josh Lerner, Morten Sorensen and Per Strömberg (2016). Private equity and industry performance. Management Science, vol. forthcoming

2015

Anders Anderson, Anna Dreber Almenberg and Roine Vestman (2015). Risk Taking, Behavioral Biases, and Genes: Results from 149 Active Investors. Journal of Behavioral and Experimental Finance, vol. 6, pp. 93--100
Anderson, Anders, Dreber, Anna and Vestman, Roine (2015). Risk taking, Behavioral Biases, and Genes: Results from 149 Active Investors. Journal of Behavioral and Experimental Finance, pp. 93-100
Bo Becker, Torbjörn Becker, Marieke Bos, Peter Englund (Ed.) and Pehr Wissén (2015). Den Svenska Skulden - SNS Konjunkturrådsrapport 2015.
Bo Becker and Victoria Ivashina (2015). Reaching for Yield in the Bond Market. Journal of Finance, vol. 70, pp. 1863-1902
Bo Becker (2015). Reaching for Yield, Avoiding High Yield: The Price Impact.
Brogaard, J., Hagströmer, B., Nordén, L., and Riordan, R. (2015) (2015). Trading Fast and Slow: Colocation and Liqidity. Review of Financial Studies, vol. 28(12), pp. 3407--3443
James Dow and Jungsuk Han (2015). Contractual Incompleteness, Limited Liability and Asset Price Bubbles. Journal of Financial Economics, vol. 116(2), pp. 383-409
Laurent Bach and Nicolas Serrano-Velarde (2015). CEO Identity and Labor Contracts: Evidence from CEO Transitions. Journal of Corporate Finance, vol. Forthcoming
Magnus Dahlquist and José Vicente Martinez (2015). Investor Inattention: A Hidden Cost of Choice?. European Financial Management, vol. 21, pp. 1-19
Mariassunta Giannetti and Daniel Metzger (2015). 3. Compensation and Competition for Talent: Evidence from the Financial Industry. Finance Research Letters
Mariassunta Giannetti, Xiaoyun Yu and Guanmin Liao (2015). The Brain Gain of Corporate Boards: Evidence from China. Journal of Finance, vol. 70(4), pp. 1629--1682
Mariassunta Giannetti and Luc Laeven (2015). Local Ownership, Crises, and Asset Prices:  Evidence from U.S. Mutual Funds. Review of Finance
Martin Andersson and Per Strömberg (2015). Regulating private (and public) welfare services: Lessons from financial supervision. In: : Johan Eklund (ed): Vinster, välfärd, och entreprenörskap. Swedish Economic Forum Report 2015. Entreprenörskapsforum, pp. 37-52
Michael Halling, Pegaret Pichler and Alex Stomper (2015). The Politics of Related Lending. Journal of Financial and Quantitative Analysis
Michael Halling, Martijn Cremers and David Weinbaum (2015). Aggregate Jump and Volatility Risk in the Cross-Section of Stock Returns. Journal of Finance, vol. 70(2), pp. 577--614
Michael Halling, Jin Yu and Josef Zechner (2015). Leverage Dynamics over the Business Cycle. The Journal of Financial Economics
Mike Burkart and Konrad Raff (2015). Performance Pay, CEO Dismissal and the Dual Role of Takeovers. Review of Finance, vol. 19(4), pp. 1383-1414
Mike Burkart and Samuel Lee (2015). Signaling to Dispersed Shareholders and Corporate Control. Review of Economic Studies, vol. 82(3), pp. 922-962
Mikhail Chernov, Jeremy Graveline and Irina Zviadadze (2015). Crash risk in currency returns. Journal of Financial and Quantitative Analysis, forthcoming
Paolo Sodini with S. Betermier and L. Calvet (2015). Who are the Value and Growth Investors?. Journal of Finance
Peter Englund, Bo Becker, Torbjörn Becker, Marieke Bos, Pehr Wissén (2015). Den svenska skulden.
Peter Englund, Torbjörn Becker, Marieke Bos, Bo Becker (2015). Den svenska skulden.

2014

Arvid Wallgren, PW (2014). Marknad och Politik.
Bo Becker and Victoria Ivashina (2014). Cyclicality of credit supply: Firm level evidence. Journal of Monetary Economics, vol. 62, pp. 76-93
Daniel Metzger and Claudia Custodio (2014). Financial Expert CEOs. Journal of Financial Economics, vol. 114, pp. 125--154
Lars E.O. Svensson (2014). The Possible Unemployment Cost of Average Inflation below a Credible Trget. American Economic Journal: Macroeconomics
Magnus Dahlquist, Göran Robertsson, and Kristian Rydqvist (2014). Direct Evidence of Dividend Tax Clienteles . Journal of Empirical Finance, vol. 28, pp. 1-12
Mariassunta Giannetti and Nuno Fernandes (2014). On the Fortunes of Stock Exchanges and Their Reversals: Evidence from Foreign Listings. Journal of Financial Intermediation
Mariassunta Giannetti and Xiaoyun Yu (2014). Economic Development and Relationship-Based Financing. Review of Corporate Finance Studies
Mike Burkart, Denis Gromb, Holger Mueller and and Fausto Panunzi (2014). Legal Investor Protection and Takeovers . Journal of Finance, vol. 69 (3), pp. 1129-1165
Pehr Wissén (2014). Behöver den svenska räntemarknaden reformeras?. Ekonomisk Debatt, vol. 8/2014, pp. 38-51
Pehr Wissén (2014). Behöver den svenska räntemarknaden reformeras?. Ekonomisk Debatt, vol. 8/2014, pp. 38-51
Roméo Tédongap, Bruno Feunou, Jean-Sébastien Fontaine and Abderrahim Taamouti (2014). Risk Premium, Variance Premium and the Maturity Structure of Uncertainty. Review of Finance
Roméo Tédongap (2014). Consumption Volatility and the Cross-Section of Stock Returns. Review of Finance
Roméo Tédongap, Bruno Feunou and Mohammad Jahan-Parvar (2014). Which Parametric Model for Conditional Skewness. European Journal of Finance
Tomas Björk and Agatha Murgoci (2014). A theory of Markovian time inconsistent stochstic control in discrete time. Finance and Stochastics
Viral Acharya, Ramin Baghai, Krishnamurthy Subramanian (2014). Wrongful Discharge Laws and Innovation. The Review of Financial Studies, vol. 27(1), pp. 301--346

2013

Anders Anderson (2013). Trading and Under-Diversification. Review of Finance, vol. 17(5), pp. 1699-1697
Andre Betzer, Jasmin Gider, Daniel Metzger, Erik Theissen (2013). Strategic Trading and Trade Reporting by Corporate Insiders. Review of Finance
Bo Becker, Dan Bergstresser and Guhan Subramanian (2013). Does Shareholder Proxy Access Improve Firm Value? Evidence from the Business Roundtable Challenge. Journal of Law and Economics, vol. 56, pp. 127-160
Bo Becker, Marcus Jacob and Martin Jacob (2013). Payout taxes and the allocation of investments. Journal of Financial Economics
Bo Becker, Jinzhu Chen and David Greenberg (2013). Financial Development, Fixed Costs and International Trade. Review of Corporate Finance Studies
Bo Becker and Guhan Subramanian (2013). Improving Director Elections. Harvard Business Law Review, vol. 3, pp. 1-34
Daniel Metzger and Claudia Custodio (2013). How do CEOs matter? The Effect of Industry Expertise on Acquisition Returns. Review of Financial Studies
Gustav Martinsson, James R. Brown and Bruce C. Petersen (2013). Law, Stock Markets, and Innovation. Journal of Finance
Kathryn Kaminski (2013). The New Wave of Futurization. Alternative Investment Analyst Journal
Kathryn Kaminski (2013). The Next Wave of Futurization. Eurex Insitutional Insights Newsletter
Kathryn Kaminski (2013). Blending Convergence with Divergence. Eurex Insitutional Insights Newsletter
Kathryn Kaminski and Andrew Lo (2013). When do stop-loss rules stop losses?. Journal of Financial Markets
Kathryn Kaminski (2013). Adaptive Markets and Antifragility. Eurex Insitutional Insights Newsletter
Laurent Bach (2013). Are Small Businesses Worthy of Financial Aid? Evidence from a Targeted Credit Program. Review of Finance
Magnus Dahlquist and Henrik Hasseltoft (2013). International Bond Risk Premia. Journal of International Economics, vol. 90, pp. 17-32
Mariassunta Giannetti, Cristina Cella and Andrew Ellul (2013). Investors' Horizons and the Amplification of Market Shocks. Review of Financial Studies
Mariassunta Giannetti and Andrei Simonov (2013). On the real effects of bank bailouts: Micro-Evidence from Japan. American Economic Journal: Macroeconomics
Michael Halling, Pam Moulton and Marios Panayides (2013). Volume Dynamics and Multimarket Trading. Journal of Financial and Quantitative Analysis
Paolo Sodini and Laurent Calvet (2013). Twin Picks: Disentangling The Determinants of Risk Taking in Household Portfolios. Journal of Finance
Paolo Sodini and Luigi Guiso (2013). Household Finance: an Emerging Field. Handbook of the Economics of Finance, edited by Constandinides, G., M. Harris and R. Stulz, Elsevier
Pehr Wissén (2013). Är en bankunion lösningen på Europas problem?. Överlever Euron, Anthology, Fores
Per Strömberg, Josh Lerner and Morten Sorensen (2013). Private Equity and Investment in Innovation: Evidence from Patents. Journal of Applied Corporate Finance
Per Strömberg, Ulf Axelson, Tim Jenkinson and Michael Weisbach (2013). Borrow cheap, buy high? The determinants of leverage and pricing in buyouts. Journal of Finance
Per Strömberg, Peter Englund, Per Krusell, Mats Persson and Torsten Persson (2013). 2013 års ekonomipris till Eugene Fama, Lars Peter Hansen och Robert Shiller. Ekonomisk Debatt
Peter Englund, Erik de Wit and Marc Francke (2013). Price and transaction volume in the Dutch housing market. Regional Science and Urban Economics
Ramin Baghai, Viral Acharya and Krishnamurthy Subramanian (2013). Labor Laws and Innovation. Journal of Law and Economics
Ramin Baghai, Henri Servaes and Ane Tamayo (2013). Have Rating Agencies Become More Conservative? Implications for Capital Structure and Debt Pricing. Journal of Finance
Roméo Tédongap, Bruno Feunou and Mohammad Jahan-Parvar (2013). Modeling Market Downside Volatility. Review of Finance
Tomas Björk, Agatha Murgoci and Xunyu Zhou (2013). Mean-Variance Portfolio Optimization with State Dependent Risk Aversion. Mathematical Finance
Ulf von Lilienfeld-Toal and Stefan Ruenzi (2013). CEO Ownership, Stock Market Performance, and Managerial Discretions. Journal of Finance

2012

Bo Becker, Henrik Cronqvist and Rudiger Fahlenbrach (2012). Estimating the effect of large shareholders using a geographic instrument. Journal of Financial and Quantitative Analysis
Bo Becker (2012). Fiduciary Duties and Equity-Debtholder conflicts. Review of Financial Studies, vol. 25(6), pp. 1931-1969
Bo Becker and Per Strömberg (2012). Fiduciary duties and equity-debtholder conflicts. Review of Financial Studies
Clas Bergström and Per Samuelsson (2012). Aktiebolagets grundproblem, fjärde upplagan. Norstedts Förlag
Clas Bergström (2012). Företagsledarens lön. SNS Förlag
Cristian Huse and Alessandro Oliveira (2012). Does Product Differentiation Soften Price Reactions to Entry? Evidence from the Airline Industry. Journal of Transport Economics and Policy
Gustav Martinsson, James R. Brown and Bruce C. Petersen (2012). Do Financing Constraints Matter for R&D? New Tests and Evidence. European Economic Review
Mariassunta Giannetti and Luc Laeven (2012). Flight Home, Flight Abroad and International Credit Cycles. American Economic Review
Mariassunta Giannetti and Steven Ongena (2012). Lending by Example': Direct and Indirect Effects of Foreign Banks in Emerging Markets. Journal of International Economics
Mariassunta Giannetti and Luc Laeven (2012). The Flight Home Effect: Evidence from the Syndicated Loan Market During Financial Crises. Journal of Financial Economics
Mariassunta Giannetti and Yishay Yafeh (2012). Do Cultural Differences Between Contracting Parties Matter? Evidence from Syndicated Bank Loans. Management Science
Mariassunta Giannetti and Renée Adams (2012). Is Pay a Matter of Values?. International Review of Finance
Michael Halling and Thomas Dangl (2012). Predictive Regressions with Time-Varying Coefficients. Journal of Financial Economics
Mike Burkart, Erik Berglöf, Guido Friebel and Elena Paltseva (2012). Club-in-The-Club: Reform Under Unanimity”. Journal of Comparative Economics, vol. 40(3), pp. 492–507
Paolo Sodini and Luigi Guiso (2012). Consumers and Financial Markets. Efter finanskrisen – några perspektiv på finansmarknaden
Per Strömberg (2012). Riskkapital, Skuldsättning, och Incitament. Ekonomisk Debatt
Roméo Tédongap and Bruno Feunou (2012). A Stochastic Volatility Model with Conditional Skewness. Journal of Business and Economic Statistics
Ulf Von Lilienfeld-Toal, Dilip Mookherjee and Sujata Visaria (2012). The Distributive Impact of Reforms in Credit Enforcement: Evidence from Indian Debt Recovery Tribunals. Econometrica

2011

Cristian Huse (2011). Term structure modelling with observable state variables. Journal of Banking and Finance
Cristian Huse and Alberto Salvo (2011). Is Arbitrage Tying the Price of Ethanol to that of Gasoline? Evidence of the Uptake of Flexible-Fuel Technology. Energy Journal
Francesco Sangiorgi and Diego Garcia (2011). Information Sales and Strategic Trading. Review of Financial Studies
Mariassunta Giannetti (2011). Serial CEO Incentives and the Structure of Managerial Contracts. Journal of Financial Intermediation
Mariassunta Giannetti (2011). Liquidity Constraints and Occupational Choice. Finance Research Letters
Mike Burkart, Christian At and Samuel Lee (2011). Security-Voting Structure and Bidder Screening. Journal of Financial Intermediation, vol. 20(3), pp. 458-476
Mike Burkart, Mariassunta Giannetti and Tore Ellingsen (2011). What You Sell Is What You Lend? Explaining Trade Credit Contracts. Review of Financial Studies, vol. 24(4), pp. 1299-1335
Per Strömberg, Josh Lerner and Morten Sorensen (2011). Private Equity and Long-Run Investment: The Case of Innovation. Journal of Finance
Roine Vestman (2011). Judging the Quality of Survey Data by Comparison with “Truth” as Measured By Administrative Records: Evidence from Sweden. NBER-CRIW conference volume on consumption measurement
Roine Vestman and Erik Lindqvist (2011). The Labor Market Returns to Cognitive and Noncognitive Ability: Evidence from the Swedish Enlistment. American Economic Journal: Applied Economics
Roméo Tédongap, Marco Bonomo, René Garcia and Nour Meddahi (2011). Generalized Disappointment Aversion, Long-run Volatility Risk and Asset Prices. Review of Financial Studies