Showing results 21 - 30 of 33
Informality and Development. Andrei Shleifer, Summer 2014, Paper. "In developing countries, informal firms account for up to half of economic activity. They provide livelihood for…
Competition for Attention. Andrei Shleifer, June 2014, Paper. "We present a model of market competition and product differentiation in which consumers’ attention is drawn to the…
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…
Finance and the Preservation of Wealth. Andrei Shleifer, February 2014, Paper. "We introduce the model of asset management developed in Gennaioli, Shleifer, and Vishny (GSV, 2014…
Expectations of Returns and Expected Returns. Robin Greenwood, Andrei Shleifer, January 11, 2014, Paper. "We analyze time series of investor expectations of future stock market…
Money Doctors. Andrei Shleifer, August 2013, Paper. "We present a new model of investors delegating portfolio management to professionals based on trust. Trust in the manager…
A Model of Shadow Banking. Andrei Shleifer, August 2013, Paper. "We present a model of shadow banking in which banks originate and trade loans, assemble them into diversified…
Salience and Asset Prices. Andrei Shleifer, May 2013, Paper. "In Bordalo, Germaoli, and Shleifer (2012a) – henceforth, BGS (2012a) – we described a new approach to choice under…
The US and Russia: They Don't Need Us. Andrei Shleifer, September 28, 2010, Paper. "Russia‟s international behavior during the last decade puzzles many American observers. As seen…
The Effect of Corporate Taxes on Investment and Entrepreneurship. Andrei Shleifer, Tim Ganser, July 2010, Paper. "We present new data on effective corporate income tax rates…