Published Papers
Identity Politics (with G. Tabellini)
Econometrica, forthcoming
How People Use Statistics (with P. Bordalo, J. Conlon, S. Kwon, and A. Shleifer)
Review of Economic Studies, forthcoming
Imagining the Future: Memory, Simulation and Beliefs (with P. Bordalo, G. Burro, K. Coffman and A. Shleifer)
Review of Economic Studies, forthcoming
Long Term Expectations and Aggregate Fluctuations (with P. Bordalo, R. La Porta, M. O'Brien, and A. Shleifer)
NBER Macroeconomic Annual 2023
Belief Overreaction and Stock Market Puzzles (with P. Bordalo, R. La Porta, and A. Shleifer)
The Journal of Political Economy, forthcoming
Memory and Probability (with P. Bordalo, J. Conlon, S. Kwon, and A. Shleifer)
The Quarterly Journal of Economics, 2022
Salience (with P. Bordalo and A. Shleifer)
Annual Review of Economics, 2022
Identity, Beliefs, and Political Conflict (with G. Bonomi and G. Tabellini)
The Quarterly Journal of Economics, 2021
Trust and Insurance Contracts (with F. Lopez de Silanes, R. La Porta, and A. Shleifer)
The Review of Financial Studies, 2022
Memory and Representativeness (with P. Bordalo, C. Coffman, F. Schwerter, and A. Shleifer)
Psychological Review, 2021
Over-Reaction in Macroeconomic Expectations (with P.Bordalo, Y. Ma, and A. Shleifer)
American Economic Review, 2020, 110, 2748-2782
Memory, Attention and Choice (with P. Bordalo and Andrei Shleifer)
The Quarterly Journal of Economics, 2020, 135, 1399–1442
Diagnostic Bubbles (with P. Bordalo, Andrei Shleifer, and Spencer Yongwook Kwon)
Journal of Financial Economics, 2021
Memory and Reference Prices: An Application to Rental Choice (with P. Bordalo, R. La Porta, and A.Shleifer)
American Economic Review, P&P, 2019
Diagnostic Expectations and Stock Returns (with P.Bordalo, R. La Porta, and A. Shleifer)
The Journal of Finance, 2019, 74 (6): 2839-2874.
Beliefs About Gender (with P. Bordalo, K. Coffman, and A. Shleifer)
American Economic Review, 2019, 09 (3): 739-773.
Banks, Government Bonds, and Default: What Do the Data Say? (with A. Martin and S. Rossi)
Journal of Monetary Economics, 2018, 98 98-113
Diagnostic Expectations and Credit Cycles (with P. Bordalo and A. Shleifer)
The Journal of Finance, 2019, 74(6) 2839-2874
Stereotypes (with K. Coffman, P. Bordalo, and A. Shleifer)
Quarterly Journal of Economics, 2016, 131 (4): 1753-1794
Competition for Attention (with P. Bordalo and A. Shleifer)
Review of Economic Studies, 2015, 83 (2): 481-513
Expectations and Investment (with Y. Ma and A. Shleifer)
NBER Macroeconomic Annual 2015
Neglected Risks: The Psychology of Financial Crises (with A. Shleifer and R. Vishny)
American Economic Review, P&P, 2015
State Capacity and Military Conflict (with H.J. Voth)
The Review of Economic Studies, 2015, 82 (4), 1409–1448
Growth in Regions (with R. La Porta, F. Lopes-de-Silanes, and A. Shleifer)
Journal of Economic Growth, 2015, 19 (3): 259-309
Finance and the Preservation of Wealth (with A. Shleifer and R. Vishny),
Quarterly Journal of Economics, 2015, 129 (3): 1221-1254
Salience Theory of Judicial Decisions (with P. Bordalo and A. Shleifer)
Journal of Legal Studies, 2015, 44 (S1): S7-S33
Money Doctors (with A. Shleifer and R. Vishny)
The Journal of Finance, 2015, 70 (1): 91-114
Salience and Consumer Choice (with P. Bordalo and A. Shleifer)
Journal of Political Economy, 121(5), 803-843, 2014
Sovereign Default, Domestic Banks, and Financial Institutions (with A. Martin and S. Rossi)
The Journal of Finance, 69(2), 819-866, 2014
Salience and Asset Prices (with P. Bordalo and A. Shleifer)
American Economic Review P&P, 103(3), 623-628, 2013
Dynastic Management (with F. Caselli)
Economic Inquiry, 51(1), 971-996, 2013
Optimal Contracts with Enforcement Risk
Journal of the European Economic Association, 11(1), 59-82, 2013
Contractual Resolutions of Financial Distress (with S. Rossi)
The Review of Financial Studies, 26(3), 602-634, 2013
Human Capital and Regional Development (with R. La Porta, F. López-de-Silanes and A. Shleifer)
Quarterly Journal of Economics, 128(1), 105-164, 2013.
A Model of Shadow Banking (with A. Shleifer and R. Vishny)
Journal of Finance, 68(4), 1331-1363, 2013
Salience Theory of Choice Under Risk (with A. Shleifer and P. Bordalo)
Quarterly Journal of Economics, 127 (3), 1243-1285, 2012
Appendix with Proofs and Experiments
Salience in Experimental Tests of the Endowment Effect (with A. Shleifer and P. Bordalo)
American Economic Review P&P, 102 (3), 47-52, 2012
Neglected Risks, Financial Innovation, and Financial Fragility (with A. Shleifer and R. Vishny)
Journal of Financial Economics, 104, 452-468, May 2012
Institutions, Financial Integration and Complementarity (with A. Martin and S. Rossi),
In R. Kolb (ed.), Soverign Debt: From Safety to Default, John Wiley & Sons, Inc., November 2011
What Comes to Mind (with A. Shleifer)
Quarterly Journal of Economics, 125 (4), 1399-1433, November 2010
Judicial Discretion in Corporate Bankruptcy (with S. Rossi)
Review of Financial Studies, 23 (11), 4078-4114, November 2010
Economics and Politics of Alternative Institutional Reforms (with F. Caselli)
Quarterly Journal of Economics, 123 (3), 1197-1250, August 2008
Judicial Fact Discretion (with A. Shleifer)
Journal of Legal Studies, 37 (1), 1-35, January 2008
The Modern Impact of Precolonial Centralization in Africa (with I. Rainer)
Journal of Economic Growth, 12 (3), 185-234, September 2007
Overruling and the Instability of Law (with A. Shleifer)
Journal of Comparative Economics, 35, 309-328, June 2007
The Evolution of Common Law (with A. Shleifer)
Journal of Political Economy, 115, 43-68, February 2007
Precolonial Centralization and Institutional Quality in Africa (with I. Rainer)
In Mark Gradstein and Kai Konrad eds, Institutions and Norms in Economic Development, MIT Press, 2006
Credit Constraints, Competition, and Meritocracy (with F. Caselli)
Journal of the European Economic Association, 3, 679-689, April-May, 2005
Last change 05/03/2025