Research

PUBLICATIONS

1. Temperature Shocks and Industry Earnings News, with D. Ng and A. Ortiz-Bobea
Journal of Financial Economics, 2023, 150(1): 1-45. (Lead article)

2. Climate Change and Commercial Real Estate: Evidence from Hurricane Sandy, with P. Eichholtz, E. Steiner, and E. Yönder
Real Estate Economics, forthcoming

3. Industry Clusters and the Geography of Portfolio Choice, with S. Delikouras, D. Ke, and G. Korniotis
Journal of Financial and Quantitative Analysis, forthcoming    

4. Equity Price Discovery with Informed Private Debt, with J. Murfin
Review of Financial Studies, 2020, 33(8): 3766-3803.

5. Local Bankruptcy and Geographic Contagion in the Bank Loan Market, with A. Kumar, N. Le, and A. Niessen-Ruenzi
Review of Finance, 2020, 24(5): 997-1037.

6. Temperature Shocks and Establishment Sales, with D. Ng and A. Ortiz-Bobea
Review of Financial Studies, 2020, 33(3): 1331-1366.

7. Underreaction to Political Information and Price Momentum, with S. Delikouras, D. Ke, and A. Kumar
Financial Management, 2019, 48(3): 773-804.

8. Income Hedging, Dynamic Style Preferences, and Return Predictability, with S. Delikouras, G. Korniotis, and A. Kumar
Journal of Finance, 2019, 74(4): 2055-2106.

9. Consumption-Income Sensitivity and Portfolio Choice, with S. Delikouras and G. Korniotis
Review of Asset Pricing Studies, 2019, 9(1): 91-136.

10. Household Portfolio Choice and Retirement
Review of Economics and Statistics, 2017, 99(5): 870-883.

11. Stature, Obesity, and Portfolio Choice, with G. Korniotis and A. Kumar
Management Science, 2017, 63(10): 3393-3413.

12. Political Sentiment and Predictable Returns, with A. Kumar
Review of Financial Studies, 2016, 29(12): 3471-3518.


ACTIVE WORKING PAPERS

1. Debt Dictionaries, with V. Meursault and J. Murfin

2. Distributional Consequences of Extreme Heat in Housing Markets, with L.W. Cong and Y. Zhou

3. Does Wildfire Smoke Choke Local Business?, with D. Gounopoulos, M. Gustafson, R. Lewis, and T. Nguyen

4. Limited Marital Commitment and Household Portfolios, with H. Kung and G. Morales

5. Hispanic Culture, Portfolio Decisions, and Asset Prices, with C. Cuculiza, A. Kumar, and S. Webb