Publications

Forthcoming

  • Beck, T., Ioannidou, V., and Schäfer, L. (forthcoming), ‘Foreigners vs. Natives: Bank Lending Technologies and Loan PricingManagement Science.
  • Ferreira, D., Ferreira, M., and Mariano, B. (forthcoming), ‘Creditor Control Rights and Board Independence’, Journal of Finance.
  • Otto, C., Volpin, P. (forthcoming), 'Marking to Market and Inefficient Investment Decisions', Management Science.

Recent

2017

  • BrucheM., Segura, A. (2017), ‘Debt Maturity and the Liquidity of Secondary Debt Markets’, Journal of Financial Economics, 124(3), 599–613.
  • Dessaint, O., Golubov, A., Volpin, P. (2017), ‘Employment Protection and Takeovers’, Journal of Financial Economics, 125(2), 369–388.
  • Favara G., Morellec, E., Schroth, E., and Valta, P. (2017), ‘Debt enforcement, investment and risk taking across countriesJournal of Financial Economics, 123(1), 22–41.

2016

  • Abbassi P., R. Iyer, J.-L. Peydró, and Tous, F. R. (2016), ‘Securities trading by banks and credit supply: Micro-evidence from the crisis’,Journal of Financial Economics121(3), 569–594.
  • Acharya, V., Pagano, M., Volpin, P. (2016), ‘Seeking Alpha: Excess Risk Taking and Competition for Managerial Talent’, Review of Financial Studies, 29, 2565-2599.
  • CasuB., Ferrari, A., Girardone C., Wilson, J.O.S. (2016), ‘Integration, productivity and technological spillovers: Evidence for Eurozone banking industries’, European Journal of Operational Research, 255(3), 971–983.
  • FabbriD., Klapper, L. (2016), ‘Bargaining Power and Trade Credit’, Journal of Corporate Finance, 41, 66-80.
  • FabbriD., Menichini, A. (2016), ‘The Commitment Problem of Secured Lending’, Journal of Financial Economics, 120(3), 561-584.

2015

  • Albuquerque R., and Schroth, E. (2015), ‘The Value of Control and the Costs of Illiquidity’,Journal of Finance, 70(4), 1405-1455.
  • Beck, T., Brown, M. (2015), ‘Foreign bank ownership and household credit’,Journal of Financial Intermediation, 24(4), 466-486.
  • Simintzi, E., Vig, V., Volpin, P. (2015), ‘Labor Protection and Leverage’, Review of Financial Studies, 28(2), 561-591.

2014

  • Beck, T., Lin, C., and Ma, Y. (2014), ‘Why Do Firms Evade Taxes? The Role of Credit Information Sharing and Banking Sector Outreach’,Journal of Finance, 69, 763-817.
  • Bruche M., Llobet, G. (2014), ‘Preventing Zombie Lending’,Review of Financial Studies, 27(3), 923-956.
  • Schroth E., Suarez, G. and Taylor, L. (2014), ‘Dynamic debt runs and financial fragility: Evidence from the 2007 ABCP crisis’, Journal of Financial Economics, 112(2), 164-189.