Published Papers

Entry, Exit, Firm Dynamics, and Aggregate Fluctuations Abstract PDF
Gian Luca Clementi, American Economic Journal: Macroeconomics, July 2016

Cash Holdings, Competition, and Innovation Abstract PDF
Evgeny Lyandres, Journal of Financial and Quantitative Analysis, December 2016

Cash Holdings, Risk, and Expected Returns Abstract PDF
Journal of Financial Economics, April 2012

Working Papers

Investment and the Cross–Section of Equity Returns Abstract PDF
Gian Luca Clementi

Firm Selection and Corporate Cash Holdings Abstract PDF
Juliane Begenau

The Motives for Long-Term Debt Issues  Abstract PDF
with R. David McLean

Cash Flows Risk, Capital Structure, and Corporate Bond Yields Abstract PDF
(Older version with empirical analysis)

The Risks of Old Age: Asset Pricing Implication of Technology Adoption Abstract PDF
Xiaoji Lin
and Fan Yang

On The Calibration of Competitive Industry Dynamics Models Abstract PDF
Gian Luca Clementi

Work in Progress

Firm Demographics and the Great Recession
with Gian Luca Clementi and
Peifan Wu

Pricing Financing Risk
with Mamdouh Medhat