Working Papers (pdf format)
The Distorting Incentives of Relative Performance
Evaluation for Equity Analysts (joint with Min Kim).
Executive Stock Options as a Screening Mechanism (joint with
Abel Cadenillas and Jaksa Cvitanic).
Intensity of Keeping Up with the Joneses Behavior: Evidence from Neighbor
Effects in Car Purchases (joint with Joshua Shemesh).
Relative Wealth Concerns, and the Cross-Section of Stock Returns
(joint with Juan-Pedro Gomez and Richard Priestley).
Risk Aversion in a Dynamic Asset Allocation Experiment
(joint with Isabelle Brocas, Juan Carrillo and Aleksandar Giga).
Riding the Bubble with Convex Incentives (joint with Juan
A Tale of Two Types: Generalists vs. Specialists in
Mutual Funds Asset Management (joint with Rafael Zambrana).
Star Analysts’ Rankings and Strategic Announcements: The Case of
Battleground Stocks (joint with Gil Aharoni and Joshua Shemesh).
Uncertainty, Reputation, and Analysts Coverage (joint with Marco Navone).