The Social Cost of Near-Rational Investment
(with Thomas M. Mertens), July 2016 Resubmitted to The American Economic Review
(with Rui Mano), April 2015
Under revision for The Quarterly Journal of Economics
(with Daron Acemoglu and Ahmed Tahoun), January 2015
Resubmitted to The Review of Financial Studies
(with Konrad Burchardi and Thomas Chaney), December 2015
(with Thomas Mertens and Tony Zhang), December 2015
(with Stephan Hollander, Laurence van Lent, and Ahmed Tahoun), September 2016 [Slides] [SSRN] [BibTex]
Published and Forthcoming Papers
The Journal of Finance (2013) 68(6), pp. 2269-2308.
Winner of the Austrian Central Bank's 2009 Klaus Liebscher Award
Winner of the Leo Melamed Prize for Outstanding Research in Finance
The Quarterly Journal of Economics (2013) 128(3), pp. 1219-1271
(with Daron Acemoglu and James A. Robinson)
The Quarterly Journal of Economics (2011) 126(2), pp. 895-946.
The American Economic Review P&P (2011) 101(2), pp. 402-405.