Working Papers


“Do Firms Issue More Equity When Markets are More Liquid?” [PDF
    (with René M. Stulz and Dimitrios Vagias) – July 2013.
     NBER Working Paper No. 19229.

“The Social Costs of Financial Crises” [PDF] – June 2013.

“An Empirical Analysis of Co-Movements in High-and Low-Frequency Measures of Market Efficiency” [PDF
    (with Dominik M. Rösch and Avanidhar Subrahmanyam) – June 2013.

“Resurrecting the Size Effect: Firm Size, Profitability Shocks, and Expected Stock Returns” [PDF
    (with Kewei Hou) – July 2012.
     EFA 2011.
     Winner of 2007 Inquire Europe Research Grant.

“International Capital Flows and Liquidity” [PDF
    (with Dimitrios Vagias) – February 2012.

“The Impact of European Antitrust Policy: Evidence from the Stock Market” [PDF]
    (with Andrea M. Günster)) – August 2012.

“Strategic Competition, Capital Structure, and Market Share” [PDF]
    (with Abe de Jong and Thuy Thu Nguyen) – March 2008.
     EFA 2008.

“Strategic Debt: Evidence from Bertrand and Cournot Competition” [PDF
    (with Abe de Jong and Thuy Thu Nguyen) – June 2007.