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.
Publications:
“The Collateral Channel: How Real Estate Shocks affect Corporate Investment”, with Thomas Chaney and David Thesmar, American Economic Review, forthcoming. [Theory appendix here]
“Bottom-up Corporate Governance”, with Augustin Landier, Julien Sauvagnat and David Thesmar, Review of Finance, forthcoming.
“Growth LBOs”, with Quentin Boucly and David Thesmar, Journal of Financial Economics, 2011, November, 102, 432-453.
“Individual Investors and Volatility”, with David Thesmar and Thierry Foucault, Journal of Finance, 2011, August, 66, 1369-1406.
“Optimal Dissent in Organizations”, with Augustin Landier and David Thesmar, The Review of Economic Studies, 2009, 76, 761-794.
“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.
Working Papers:
“Speculative Betas”, with Harrisson Hong
“Quiet Bubbles”, with Harrisson Hong
“The Risk-Shifting Hypothesis: Evidence from Subprime Mortgage Originations”, with Augustin Landier and David Thesmar
“Local Loop Unbundling and Broadband Penetration”
Work in Progress (draft/slides available upon request):
“Overnight Volatility”, with Augustin Landier and Julien Sauvagnat.
“Barriers to entrepreneurship: Evidence from France”, with Johan Hombert, Antoinette Schoar and David Thesmar.
“A structural model of Local Loop Unbundling”, with Philippe Février and Cécile Gaubert.
Other Publications:
“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.
“Financial Risk Management: when does Independence fail?”, with Augustin Landier and David Thesmar, American Economic Review Papers and Proceedings, forthcoming.
Teaching:
Econ 526: Financial Economics II (Ph.D course in Corporate Finance)
Fin 502: Corporate Finance (Masters in Finance Core)
Others:
Link to Princeton Economics Departments
Link to UC Berkeley Economics Department
Link to the Toulouse School of Economics
Webpage updated on 10/12/2010
