DAVID SRAER
Princeton University
Department of Economics
Bendheim Center for Finance
26 Prospect Avenue, Princeton, NJ 08540
Phone: (609) 258-1638   Fax: (609) 258-0771
email: dsraer@princeton.edu
web: http://www.princeton.edu/~dsraer

Office hours: please use this link.


Curriculum Vitae


Publications:
  1. “Performance and Behavior of Family Firms: Evidence from the French Stock Market” with David Thesmar, Journal of the European Economic Association, June 2007, 5(4): 709-751.
  2. “Optimal Dissent in Organizations”, with Augustin Landier and David Thesmar, The Review of Economic Studies, 2009, 76, 761-794.
  3. “Individual Investors and Volatility”, with David Thesmar and Thierry Foucault, Journal of Finance, 2011, August, 66, 1369-1406.
  4. “Growth LBOs”, with Quentin Boucly and David Thesmar, Journal of Financial Economics, 2011, November, 102, 432-453.
  5. “The Collateral Channel: How Real Estate Shocks affect Corporate Investment”, with Thomas Chaney and David Thesmar, American Economic Review, 2012, 102, 6: 2381-2409.
  6. “Bottom-up Corporate Governance”, with Augustin Landier, Julien Sauvagnat and David Thesmar, Review of Finance, forthcoming.
  7. “Quiet Bubbles”, with Harrisson Hong, Journal of Financial Economics, forthcoming.

Working Papers:
  1. "Bank Exposure to Interest-Rate Risk and the Transmission of Monetary Policy", with David Thesmar and Augustin Landier.
  2. “Speculative Betas”, with Harrisson Hong [For data/replication click here]
  3. “The Risk-Shifting Hypothesis: Evidence from Subprime Mortgage Originations”, with Augustin Landier and David Thesmar
  4. “Local Loop Unbundling and Broadband Penetration”

Work in Progress (draft/slides available upon request):
  1. “Overnight Volatility”, with Augustin Landier and Julien Sauvagnat.
  2. “Barriers to entrepreneurship: Evidence from France”, with Johan Hombert, Antoinette Schoar and David Thesmar.
  3. "Why did real estate prices become so correlated? Global Banking and Real Estate Price Synchronization", with David Thesmar and Augustin Landier.
  4. "Housing Collateral and the Growth of New Businesses" with Martin Schmalz and David Thesmar.
  5. “A structural model of Local Loop Unbundling”, with Philippe Février and Cécile Gaubert.
Other Publications:
  1. “Entrepreneurship and Credit Constraints: Evidence from a French Loan Guarantee Program” with Claire Lelarge and David Thesmar, forthcoming, NBER volume on “International Differences in Entrepreneurship” edited by J. Lerner and A. Schoar, University of Chicago Press.
  2. “Financial Risk Management: when does Independence fail?”, with Augustin Landier and David Thesmar, 2009, American Economic Review Papers and Proceedings, 99(2): 454–58.
Teaching:


Econ 526:  Financial Economics II (Ph.D course in Corporate Finance)

Fin 502:     Corporate Finance (Masters in Finance Core)


Webpage updated on 09/27/2012