Showing results 21 - 24 of 24
X-CAPM: An Extrapolative Capital Asset Pricing Model. Robin Greenwood, Andrei Shleifer, March 26, 2014, Paper. "Survey evidence suggests that many investors form beliefs about…
Vulnerable Banks. Robin Greenwood, March 2014, Paper. "We present a model in which fire sales propagate shocks across bank balance sheets. When a bank experiences a negative shock…
Issuer Quality and Corporate Bond Returns. Robin Greenwood, Samuel G. Hanson, February 2013, Paper. "We show that the credit quality of corporate debt issuers deteriorates during…
The Growth of Finance. Robin Greenwood, 2013, Paper. "During the last 30 years, the financial services sector has grown enormously. During the last 30 years, the financial…