Princeton University Department of Economics
Jose A. Scheinkman's Working Papers
The National Science Foundation supported the research that produced the working papers in this page.
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Some Recent Papers
Misspecified Recovery (with J. Borovicka and L. Hansen)
Shock Elasticities and Impulse Responses (with J. Borovicka and L. Hansen)
To appear in Mathematics and Financial Economics
Cream Skimming in Financial Markets (with P. Bolton and T. Santos)
Financial Constraints on Corporate Goodness (with H. Hong and J. Kubik)
Stochastic Compounding and Uncertain Valuation (with L. Hansen)
To appear in Après le Déluge: Finance and the Common Good after the Crisis, E. G. Weyl, E. L. Glaeser, and T. Santos (eds.), University of Chicago Press.
Speculation, Trading and Bubbles (3rd Annual Arrow Lecture)
Columbia University Press, NY, 2014
A Non Local Free Boundary Problem Arising in a Theory of Financial Bubbles (with H. Berestycki and R. Monneau)
To appear in Philosophical Transactions of the Royal Society A
Home Improvements (with H. Choi and H. Hong)
Published in Journal of Financial Economics 111(3) 2014.
(with I. Cheng and H. Hong)
To appear in Journal of Finance.
Shadow Finance (with P. Bolton and Tano Santos)
Published in Rethinking the Financial Crisis, A. Blinder, A. Lo and R. Solow (eds.).
Recursive Utility in a Markov Environment with Stochastic Growth (with Lars Hansen)
Published in Proceedings of the National Academy of Sciences, 109:30, 11967–11972, July 24, 2012.
Pricing Growth-Rate Risk (with Lars Hansen)
Published in Finance and Stochastics, 16:1, 2012.
The Informal Sector: An Equilibrium Model and Some Empirical Evidence From Brazil (with Aureo de Paula)
Published in Review of Income and Wealth 57:s1, 2011.
(with J. Borovicka, L. Hansen and M. Hendricks)
Published in Journal of Financial Econometrics 9:1, Winter 2011.
(with P. Bolton and T. Santos)
Published in Quarterly Journal of Economics, 126:1, 2011.
(with Aureo de Paula)
Published in American Economic Journal: Macroeconomics 2:4, October 2010.
(with P. Bolton and T. Santos)
Published in American Economic Review Papers and Proceedings, May 2009.
(with Lars Hansen)
Published in Econometrica, 77:1, January 2009.
Nonlinear Principal Components and
Long-run Implications of Multivariate Diffusions Run
A Limit Theorem for Systems of Social Interactions
Published in Journal of Mathematical Economics, 45, 2009.
Trading and Stock Prices: Evidence from Chinese A-B Share Premia
Published in Annals of Economics and Finance, 10-2, 2009.
(with Yacine Ait-Sahalia and Lars Hansen) .
Published in Handbook of Financial Econometrics, Vol 1, L. Hansen and Y. Ait-Sahalia (eds.), 2009.
Advisors and Asset
Prices: A Model of the Origins of Bubbles
Published in Journal of Financial Economics, 89, 2008.
Optimal Exercise of American Claims When Markets Are Not Complete
Published in Finance and Stochastics, July 2007.
Float and Speculative Bubbles
Published in Journal of Finance, June 2006.
Equilibria in Systems of Social Interactions
Published in Journal of Economic Theory, 130, 2006.
and Short-termist Behavior in Speculative Markets
Published in Review of Economic Studies, 73, 2006.
(with Patrick Bolton and Wei Xiong)
Published in Journal of Corporation Law, Summer 2005.
(with Wei Xiong)
Published in Paris-Princeton Lectures on Mathematical Finance 2003, Lecture Notes in Mathematics 1847, Springer-Verlag, Berlin, 2004.
The Injustice of
Intermediation without Exclusivity
Environmental Management in the Presence of Irreversibilities
Methods for Identifying Scalar Diffusions
Interest Rates as Subordinated Diffusions
Older, Never Published Papers
Older Papers that are Difficult to Find
(with P. Bak, K. Chen and M.