Publications

Matching capital and labor

Joint with Jonathan B. Berk, Binying Liu,

Journal of Finance, forthcoming

Active managers are skilled

Joint with Jonathan B. Berk

Journal of Portfolio Management, (2016), 42 (2), 131-139

The term structure of returns: Facts and theory

Joint with Ralph S.J. Koijen

Journal of Financial Economics (2017), Lead Article, 124 (1), 1-21

Assessing asset pricing models using revealed preference

Joint with Jonathan Berk

Journal of Financial Economics (2016), Lead Article, 119 (1), 1-23

Good-specific habit formation and the cross-section of expected returns

The Journal of Finance (2016), 71 (4), 1699-1732

Measuring skill in the mutual fund industry

Joint with Jonathan Berk

Journal of Financial Economics (2015), Lead Article 118 (1), 1-20

Equity yields

Joint with Ralph S.J. Koijen, Wouter Hueskes, Evert Vrugt,

Journal of Financial Economics (2013), Lead Article 110 (3), 503-519

On the timing and pricing of dividends

Joint with Michael W. Brandt, Ralph S.J. Koijen,

American Economic Review (2012), 102 (4), 1596-1618

The term structure of interest rates in a DSGE model with recursive preferences

Joint with Jesus Fernández-Villaverde, Ralph S.J. Koijen, Juan Rubio Ramirez,

Journal of Monetary Economics (2012), 59 (7), 634-648

Optimal capital structure

Joint with John R. Graham, Jie Yang,

Journal of Applied Corporate Finance, (2011), 23 (4), 34-59

The cost of debt

Joint with John Graham, Jie Yang,

The Journal of Finance, (2010), 65 (6), 2089-2136

Predictive regressions: A present‐value approach

Joint with Ralph S.J. Koijen

The Journal of Finance, (2010), 65 (4), 1439-1471

Optimal decentralized investment management

Joint with Michael W. Brandt, Ralph S.J. Koijen,

The Journal of Finance, (2008), 63 (4), 1849-1895