Why do Boards Exist? Governance Design in the Absence of Corporate Law, with Mike Burkart and Salvatore Miglietta, 2023, Review of Financial Studies, 36(5), 1788-1836.
The Marginal Value of Cash, Cash Flow Sensitivities, and Bank-Finance Shocks in Nonlisted Firms, with Amir Sasson and Bent E. Sørensen, 2020, International Journal of Banking, Accounting, and Finance, 11(1), 35-70.
Social Capital and the Viability of Nonprofit Firms: Evidence from Savings Banks, with Ibolya Schindele and Bent Vale, 2016, Review of Finance, 29(5), 1673-1718 (lead article). Internet appendix here.
Liquidity And Shareholder Activism, with Øyvind Norli and Ibolya Schindele, Review of Financial Studies, 28(2), 486-520, 2015.
Cross-Border Diversification in Bank Asset Portfolios, with Claudia M. Buch and John C. Driscoll, 2010, International Finance, 13(1), Spring, 79-108.
U.S. Banking Deregulation, Small Businesses and Interstate Insurance of Personal Income, with Yulia Demyanyk and Bent E. Sørensen, 2008, Journal of Finance, 62(6), 2763-2801.
Permanent Income, Consumption and Aggregate Constraints: Evidence from the U.S. States, 2002, with Bent E. Sørensen and Oved Yosha, Journal of Political Economy, 110(3), 634-645.
Nonrefereed publications:
Social Capital can Affect the Survival of Norwegian Savings Banks (in Norwegian), with Ibolya Schindele and Bent Vale, Sparebankbladet, 2011.
Risk Sharing and Portfolio Allocation in EMU, with Yulia Demyanyk and Bent E. Sørensen, , 2008, European Economy Economic Papers No. 334.
Banking Deregulation Helps Small Business Owners Stabilize Their Income, with Yulia Demyanyk and Bent E. Sørensen, 2007, The Regional Economist.
IOSCO Risk Management and Control Guidance for Securities Firms and Their Supervisors, 1998, Financial Regulation Report.