2025
- Behrman, J.R., Parker, S.W., Todd, P.E. and Zhang, W. (2025) “Prospering through Prospera: a dynamic model of CCT impacts on educational attainment and achievement in Mexico.” Quantitative Economics, 16(1): 133-183
- Benayad, A., Hagenauer, A., Holm, L., Rhys Jones, E., Kämmerer, S., Maher, H., Mohaddes, K., Santamarta, S. and Zawadzki, A. (2025) Too hot to think straight, too cold to panic landing the economic case for climate action with decision makers. Boston, MA: Boston Consulting Group and the University of Cambridge.
- Bernhardt, D. and Pi, S. (2025) “Delegated shareholder activism.” Social Science Research Network Working Paper
- Bigoni, M., Camera, G. and Gallo, E. (2025) “Money and social exclusion in networks.” CEPR Discussion Paper No.DP20481
- Chan, M.K. and Liu, K. (2025) “Changing families: family relationships, parental decisions and child development.” Journal of Labor Economics, 43(S1): S399-S444
- Chaun, A. and Zhang, W. (2025) “Non-college occupations, workplace routinization, and the gender gap in college enrollment.” Journal of Human Resources (published online May 2025)
- Dimson, E., Karakaş, O. and Li, X. (2025) “Coordinated engagements.” European Corporate Governance Institute – Finance Working Paper No.721
- Evans, R.B., Karakas, O., Moussawi, R. and Young, M. (2025) “Phantom of the Opera: ETF shorting and shareholder voting.” Management Science (published online May 2025)
- Flinn, C., Todd, P.E. and Zhang, W. (2025) “Labor market returns to personality: a job search approach to understanding gender gaps.” Journal of Political Economy, 133(4): 1169-1234
- Frahm, G., Glöer, C., Küster Simic, A. and Mönkemeyer, M. (2025) “Bank monitoring, agency costs, and corporate financing decisions: European evidence.” Review of Quantitative Finance and Accounting (published online Feb 2025)
- Gao, M., Huang, J. and Pi, S. (2025) “Strategic voting and informational rents: evidence from mutual funds’ trades and votes.” Social Science Research Network Working Paper
- Genakos, C., Pagliero, M., Sabatino, L. and Valletti, T. (2025) “Cultural exception? The impact of price regulation on prices and variety in the market for books.” CEP Discussion Paper No.2085
- Greenwald, J. (2023) “Anomalies, Roll’s critique, and proxy error.” Social Science Research Network Working Paper
- Greenwald, J. (2025) “Losing out on low-risk alphas: a GRS decomposition into PCA factors.” Social Science Research Network Working Paper
- Gurun, U.G. and Karakaş, O. (2025) “Earnings and the value of voting rights.” Financial Management (published online Apr 2025)
- He, D. and Ruf, D. (2025) “Understanding financial uncertainty premia in housing markets.” Social Science Research Network Working Paper
- Hwang, S. and Kim, S. (2025) “Time to innovate.” Social Science Research Network Working Paper
- Lalafaryan, N. (2025) “Chameleon capital.” Social Science Research Network Working Paper
- Lestas, I., Papastaikoudis, I. and Watson, J. (2025) “Distributed portfolio optimization and decentralized pricing.” Cambridge Working Papers in Economics No.2531 / Janeway Institute Working Paper No.2513
- Lu, Y. and Tse, A. (2025) “Portfolio selection in contests.” Social Science Research Network Working Paper
- Meirowitz, A. and Pi, S. (2025) “Information acquisition, voting and trading.” Social Science Research Network Working Paper
- Mönkemeyer, M. (2025) “Are institutional investors effective in mitigating biodiversity risks?” Social Science Research Network Working Paper
- Mönkemeyer, M. (2025) “Monitoring or selection? Institutional ownership and biodiversity incidents.” Social Science Research Network Working Paper
- Mönkemeyer, M., Rennertseder, K. and Schröder, H. (2025) “Investor heterogeneity and venture performance.” Social Science Research Network Working Paper
- Neumueller, A., Pieters, G.C., Mohaddes, K., Rousseau, V. and Zhang, B.Z. (2025) “Cambridge digital mining industry report: global operations, sentiment, and energy use.” Social Science Research Network Working Paper
- Ohneberg, E.L. (2025) “The hidden costs of networking and how it affects mutual fund managers.” Social Science Research Network Working Paper
- Papastaikoudis, I., Gilles, P., Watson, J. and Lestas, I. (2025) “Decentralized cooperative network games in economics and finance.” Cambridge Working Papers in Economics No.2510
- Papastaikoudis, I., Prodromidis, P., Watson, J. and Lestas, I. (2025) “Distributed public economics and decentralized public finance via network optimization.” Cambridge Working Papers in Economics No. 2503 / Janeway Institute Working Papers No.2502
- Papastaikoudis, I., Prodromidis, P., Watson, J. and Lestas, I. (2025) “A decentralized general equilibrium model for distributed social welfare in mesoeconomics via input output multiplex networks.” Cambridge Working Papers in Economics No.2508
- Priestley, R. and Schneider, K. (2025) “Investment based asset pricing without investment returns.” Social Science Research Network Working Paper
- Ye, T. and Zou, Y. (2025) “Ecological function zones.”
- Zhang, W. and Tod, P.E. (2025) “Distributional effects of local minimum wages: a spatial job search approach.” Journal of Labor Economics, 43(S1): S221-S267
2024
- Agarwala, M., Burke, M., Doherty-Bigara, J., Klusak, P. and Mohaddes, K. (2024) “Climate change and sovereign risk: a regional analysis for the Caribbean.” Inter-American Development Bank
- Appianin, B. (2024) “House price experiences and consumer spending.” Social Science Research Network Working Paper
- Appianin, B. (2024) “Local housing experiences and household labor supply.” Social Science Research Network Working Paper
- Aretz, K., Campello, M., Kankanhalli, G. and Schneider, K. (2024) “Uncertainty creates zombie firms: implications for industry dynamics and creative destruction.” SFS Cavalcade North America 2024, Georgia State University
- Aretz, K., Liu, H. and Schneider, K. (2024) “Seasonal inventory leverage.” CERF Working Paper (available online via the SSRN)
- Boisseau-Sierra, M., Chu, J. and Rajgopal, S. (2024) “Market consequences of sovereign accounting errors.” Management Science, 70(6): 3381-4165
- Burke, M., Agarwwala, M., Klusak, P. and Mohaddes, K. (2024) “Climate policy and sovereign debt: the impact of transition scenarios on sovereign creditworthiness.” Cambridge Working Papers in Economics No.2470
- Cavalcanti, T., Mohaddes, K., Nian, H. and Yin, H. (2024) “How air pollution makes firms less innovative: human capital and adaptive strategies.” Cambridge Working Papers in Economics No.2466
- Chen, S. and Lambrecht, B.M. (2024) “Resolving tensions between heterogeneous investors in a startup.” Management Science, 71(3): 1865-1888
- Chen, S. and Lambrecht, B.M. (2024) “The optimal size, financing and personal liability of professional partnerships.” Social Science Research Network Working Paper
- Chen, S. and Xu, H. (2024) “Industry dynamics and capital structure (non)commitment.” Social Science Research Network Working Paper
- Deakin, S., Farrington, F. and Sitchenko, H. (2024) “The legal framework for venture capital in Ukraine.” Centre for Business Research Special Report
- Drobetz, W., Ghoul, S.E., Guedhami, O., Moenkemeyer, M. and Schröder, H. (2024) “Institutional investor monitoring and earnings management: a network approach.” Social Science Research Network Working Paper
- Greenwald, J. (2024) “Sorting the sources of economic and statistical significance in asset pricing tests: a GRS decomposition into PCA factors.” Social Science Research Network Working Paper
- Gu, R., Peng, C. and Zhang, W. (2024) “The gender gap in household bargaining power: a revealed-preference approach.” Review of Financial Studies (published online Aug 2024)
- Guernsey, S., Serfling, M. and Yan, C. (2024) “Marijuana legalization and firms’ cost of equity.” Social Science Research Network Working Paper
- Lalafaryan, N. (2024) “Private credit: a renaissance in corporate finance.” University of Cambridge Faculty of Law Research Paper No.25/2023
- Lalafaryan, N. (2024) “Private credit: a renaissance in corporate finance.” Journal of Corporate Law Studies, 24(1): 41-95
- Liu, K., Prommawin, B. and Schroyen, F. (2024) “Health insurance, agricultural production and investments.” Journal of Health Economics, 97: 102918
- Moenkemeyer, M. (2024) “Are institutional investors effective in mitigating biodiversity risks?” Social Science Research Network Working Paper
- Moenkemeyer, M. (2024) “Unlocking hidden M&A gems: information transmission in the blockholding network.”
- Mohaddes, K. and Raissi, M. (2024) “Rising temperatures, melting incomes: country-specific macroeconomic effects of climate scenario.” Cambridge Working Papers in Economics No.2429
- Niermann, L. (2024) “Tying yourself to the mast: painful debt as a commitment device in self-fulfilling debt crises.”
- Schneider, K. (2024) “Investment, uncertainty, and U-shaped return volatilities.” Social Science Research Network Working Paper
- Schneider, K. and Priestly, R. (2024) “An alternative test of the production-based asset pricing model.” Social Science Research Network Working Paper
- Schneider, K., Alfaro, I. and Graniero, A. (2024) “Production-based payout policies.” Social Science Research Network Working Paper
- Tsang, A. (2024) “Heterogeneous monetary policy pass-through to consumer credit along the income distribution.”
- Wang, L. (2024) “The human capital reallocation of M&As: inventor-level evidence.” CERF Working Paper
2023
- Chhaochharia, V., Kumar, A., Motahari, M. and Rantala, V. (2023) “Star firms, information externalities, and predictability.” Social Science Research Network Working Paper
- Dybvig, P. and Hou, X. (2023) “Gambling for redemption or ripoff, and the impact of superpriority.” Social Science Research Network Working Paper
- Gallo, E., Lee, J., Riyanto, Y.E. and Wong, E.C. (2023) “Cooperation and cognition in social networks.” arXiv
- Guernsey, S. (2023) “Intellectual property rights protection, investment, and firm growth.”
- Hou, X. (2023) “Limited liability: laying it safe or going big?” Social Science Research Network Working Paper
- Hwang, S. and Lee, B. (2023) “Labor-management relational capital.” Social Science Research Network Working Paper
- Lambrecht, B.M. and Tse, A.S.L. (2023) “Liquidation, bailout, and bail-in: insolvency resolution mechanisms and bank lending.” Journal of Financial and Quantitative Analysis, 58(1): 175-216 (DOI: 10.1017/S0022109022000813)
- Ohneberg, E. and Saffi, P. (2023) “Satisfied employees, satisfied investors: how employee well-being impacts mutual fund returns.” Social Science Research Network Working Paper
- Tweedie, D., Cook, A. and Whittington, G. (2023) The UK Accounting Standards Board, 1990-2000: restoring honesty and trust in accounting.. Abingdon: Taylor and Francis.
- Zou, Y. (2023) “Why do investment companies abandon sustainability?”
2022
- Andrade, S.C., Ekponon, A. and Jeanneret, A. (2022) “Sovereign risk premia and global macroeconomic conditions.” Journal of Financial Economics, 147(1): 172-197 (DOI: 10.1016/j.jfineco.2022.07.003)
- Bik, O., Bouwens, J., Knechel, W.R. and Zou, Y. (2022) “Regulatory scrutiny and the evolution of performance measurement, career development, and compensation schemes for audit partners.”
- Chu, J., Li, X. and Zou, Y. (2022) “Corporate social responsibility committees: international evidence.”
- Guernsey, S., Sepe, S.M. and Serfling, M. (2022) “Blood in the water: the value of antitakeover provisions during market shocks.” Journal of Financial Economics, 143(3): 1070-1096 (DOI: 10.1016/j.jfineco.2021.12.009)
- Hirst, S., Karakas, O. and Yu, T. (2022) “Proxy contests and the value of voting rights.”
- Meirowitz, A. and Pi, S. (2022) “Voting and trading: the shareholder’s dilemma.” Journal of Financial Economics, 146(3): 1073-1096 (DOI: 10.1016/j.jfineco.2022.05.001)
- Pi, S. (2022) “Communication among shareholders before voting.”
- Pi, S. (2022) “Why can blockholdings increase cash holdings?”
- Yago, N. (2022) “Monetary transmission under heterogeneous exchange rate exposure.”
- Yago, N. (2022) “Disaster risk, flight to safety, and UIP premium.”
- Zou, Y. (2022) “Why do investment companies abandon sustainability?”
2021
- Bae, K.H., Bailey, W. and Kang, J. (2021) “Why is stock market concentration bad for the economy?” Journal of Financial Economics, 140(2): 436-459 (DOI: 10.1016/j.jfineco.2021.01.002)
- Chen, S. and Lambrecht, B.M. (2021) “Do capital structure models square with the dynamics of payout?” Annual Review of Financial Economics,13(1): 271-299 (DOI: 10.1146/annurev-financial-010421-085556)
- Chen, S. and Lambrecht, B.M. (2021) “Do capital structure models square with the dynamics of payout?” Annual Review of Financial Economics, 13: 271-299 (DOI: 10.1146/annurev-financial-010421-085556)
- Dybvig, P.H. and Hou, X. (2021) “Gambling for redemption or ripoff, and the impact of superpriority.”
- Hou, X. (2021) “Direct transfer and guanxi in resolving contractual failure.”
- Hou, X. (2021) “Limited liability and scale (JMP).”
- Zou, Y. (2021) “Responsible investment motives.”
2020
2018
- George, T.J., Hwang, C.-Y. and Li, Y. (2018) “The 52-week high, q theory and the cross-section of stock returns.” Journal of Financial Economics, 128(1): 148-163 (DOI: 10.1016/j.jfineco.2018.01.005)
- Hwang, C.-Y. and Li, Y. (2018) “Analysts’ reputational concerns, self-censoring, and the international dispersion effect.” Management Science, 64(5): 1975-2471 (10.1287/mnsc.2016.2642)
2017
- Hwang, C.Y. and Li, Y. (2017) “Analysts’ reputational concerns, self-censoring, and the international dispersion effect.” Management Science, 64(5): 1975-2471 (DOI: 10.1287/mnsc.2016.2642)
- Lambrecht, B.M. and Myers, S.C. (2017) “The dynamics of investment, payout and debt.” Review of Financial Studies, 30(11): 3759–3800 (DOI: 10.1093/rfs/hhx081) (also available online via the SSRN)
- Whittington, G. (2017) Value and profit: an introduction to measurement in financial reporting. Cambridge: Cambridge University Press.
2016
- Bali, T.G., Brown, S., Peng, Q. and Tang, Y. (2016) “Is economic uncertainty priced in the cross-section of stock returns?” Social Science Research Network Working Paper
- Bae, K., Bhattacharya, U., Kang, J. and Rhee, S. (2016) “Nominal stock price anchors: a global phenomenon?” Social Science Research Network Working Paper.
- Henderson, V., Hobson, D. and Tse, A.S.L. (2016) “Probability weighting, stop-loss and the disposition effect.” Social Science Research Network Working Paper
- Peng, Q. (2016) “Noisy rational bubbles.” Social Science Research Network Working Paper
- Peng, Q. (2016) “Financial frictions, entry and growth: a study of China.” Social Science Research Network Working Paper
