Details about Stavros Panageas

Access statistics for papers by Stavros Panageas.

Last updated 2024-05-06. Update your information in the RePEc Author Service.

Short-id: ppa250

Working Papers

2024

1. Finance in a Time of Disruptive Growth
   NBER Working Papers, National Bureau of Economic Research, Inc
   Also in 2017 Meeting Papers, Society for Economic Dynamics (2017) View citations (7)
2. Optimal Financing of Government Purchases
   NBER Working Papers, National Bureau of Economic Research, Inc
3. Private Equity for Pension Plans? Evaluating Private Equity Performance from an Investor's Perspective
   NBER Working Papers, National Bureau of Economic Research, Inc

2022

4. Cross-subsidization of Bad Credit in a Lending Crisis
   NBER Working Papers, National Bureau of Economic Research, Inc
5. Running Primary Deficits Forever in a Dynamically Efficient Economy: Feasibility and Optimality
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (4)

2021

6. A Long and a Short Leg Make For a Wobbly Equilibrium
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (1)
7. Value without Employment
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (3)

2020

8. An Analytic Framework For Interpreting Investment Regressions In The Presence Of Financial Constraints
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (4)
   See also Journal Article An Analytic Framework for Interpreting Investment Regressions in the Presence of Financial Constraints, The Review of Financial Studies, Society for Financial Studies (2022) View citations (3) (2022)
9. Heterogeneity and Asset Prices: A Different Approach
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (2)
10. Precautionary Saving in a Financially-Constrained Firm
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (3)
    See also Journal Article Precautionary Saving in a Financially Constrained Firm, The Review of Financial Studies, Society for Financial Studies (2023) (2023)
11. Social Distancing, Vaccination and the Paradoxical Optimality of an Endemic Equilibrium
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (11)
12. The Implications of Heterogeneity and Inequality for Asset Pricing
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (21)
    See also Journal Article The Implications of Heterogeneity and Inequality for Asset Pricing, Foundations and Trends(R) in Finance, now publishers (2020) View citations (7) (2020)

2016

13. Impediments to Financial Trade: Theory and Applications
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (2)
    See also Journal Article Impediments to Financial Trade: Theory and Applications, The Review of Financial Studies, Society for Financial Studies (2020) View citations (2) (2020)

2014

14. Financial Entanglement: A Theory of Incomplete Integration, Leverage, Crashes, and Contagion
    2014 Meeting Papers, Society for Economic Dynamics View citations (3)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2013) View citations (10)
    See also Journal Article Financial Entanglement: A Theory of Incomplete Integration, Leverage, Crashes, and Contagion, American Economic Review, American Economic Association (2015) View citations (26) (2015)

2011

15. Optimal Inattention to the Stock Market with Information Costs and Transactions Costs
    2011 Meeting Papers, Society for Economic Dynamics View citations (1)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2009) View citations (32)
    See also Journal Article Optimal Inattention to the Stock Market With Information Costs and Transactions Costs, Econometrica, Econometric Society (2013) View citations (75) (2013)

2010

16. Optimal retirement benefit guarantees
    NBER Working Papers, National Bureau of Economic Research, Inc
    Also in 2007 Meeting Papers, Society for Economic Dynamics (2007)

2009

17. Bailouts, the Incentive to Manage Risk, and Financial Crises
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (10)
    See also Journal Article Bailouts, the incentive to manage risk, and financial crises, Journal of Financial Economics, Elsevier (2010) View citations (22) (2010)
18. Optimal taxation in the presence of bailouts
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (5)
    See also Journal Article Optimal taxation in the presence of bailouts, Journal of Monetary Economics, Elsevier (2010) View citations (2) (2010)
19. Technological Growth and Asset Pricing
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (22)
    See also Journal Article Technological Growth and Asset Pricing, Journal of Finance, American Finance Association (2012) View citations (43) (2012)
20. The Demographics of Innovation and Asset Returns
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (5)
    Also in 2009 Meeting Papers, Society for Economic Dynamics (2009) View citations (1)
21. Too big to fail, but a lot to bail: Optimal financing of large bailouts
    2009 Meeting Papers, Society for Economic Dynamics View citations (1)

2008

22. Yooung, Old, Conservative and Bold: The implications of finite lives and heterogeneity for asset prices
    2008 Meeting Papers, Society for Economic Dynamics View citations (5)

2006

23. Technological Growth, Asset Pricing, and Consumption Risk over Long Horizons
    2006 Meeting Papers, Society for Economic Dynamics View citations (5)

2005

24. A Quantitative Model of Sudden Stops and External Liquidity Management
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (31)
25. Contingent Reserves Management: An Applied Framework
    Working Papers Central Bank of Chile, Central Bank of Chile View citations (3)
    Also in Working Papers, Federal Reserve Bank of Boston (2004) View citations (27)
    NBER Working Papers, National Bureau of Economic Research, Inc (2004) View citations (33)
    See also Journal Article Contingent Reserves Management: an Applied Framework, Journal Economía Chilena (The Chilean Economy), Central Bank of Chile (2005) View citations (4) (2005)
    Chapter Contingent Reserves Management: An Applied Framework, Central Banking, Analysis, and Economic Policies Book Series, Central Bank of Chile (2006) View citations (6) (2006)

2003

26. Hedging Sudden Stops and Precautionary Contractions
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (33)
    See also Journal Article Hedging sudden stops and precautionary contractions, Journal of Development Economics, Elsevier (2008) View citations (69) (2008)

Journal Articles

2024

1. Are Zero-Covid Policies Optimal?
   Review of Economic Dynamics, 2024, 53, 47-70
   See also Software Item Code and data files for "Are Zero-Covid Policies Optimal?", Computer Codes (2024) (2024)

2023

2. Heterogeneity and Asset Prices: An Intergenerational Approach
   Journal of Political Economy, 2023, 131, (4), 839 - 876
3. Precautionary Saving in a Financially Constrained Firm
   The Review of Financial Studies, 2023, 36, (7), 2878-2921
   See also Working Paper Precautionary Saving in a Financially-Constrained Firm, NBER Working Papers (2020) View citations (3) (2020)

2022

4. An Analytic Framework for Interpreting Investment Regressions in the Presence of Financial Constraints
   The Review of Financial Studies, 2022, 35, (9), 4055-4104 View citations (3)
   See also Working Paper An Analytic Framework For Interpreting Investment Regressions In The Presence Of Financial Constraints, NBER Working Papers (2020) View citations (4) (2020)

2021

5. What to expect when everyone is expecting: Self-fulfilling expectations and asset-pricing puzzles
   Journal of Financial Economics, 2021, 140, (1), 54-73 View citations (4)

2020

6. Impediments to Financial Trade: Theory and Applications
   The Review of Financial Studies, 2020, 33, (6), 2697-2727 View citations (2)
   See also Working Paper Impediments to Financial Trade: Theory and Applications, NBER Working Papers (2016) View citations (2) (2016)
7. The Implications of Heterogeneity and Inequality for Asset Pricing
   Foundations and Trends(R) in Finance, 2020, 12, (3), 199-275 View citations (7)
   See also Working Paper The Implications of Heterogeneity and Inequality for Asset Pricing, NBER Working Papers (2020) View citations (21) (2020)

2015

8. Financial Entanglement: A Theory of Incomplete Integration, Leverage, Crashes, and Contagion
   American Economic Review, 2015, 105, (7), 1979-2010 View citations (26)
   See also Working Paper Financial Entanglement: A Theory of Incomplete Integration, Leverage, Crashes, and Contagion, 2014 Meeting Papers (2014) View citations (3) (2014)
9. Young, Old, Conservative, and Bold: The Implications of Heterogeneity and Finite Lives for Asset Pricing
   Journal of Political Economy, 2015, 123, (3), 670 - 685 View citations (71)

2013

10. Optimal Inattention to the Stock Market With Information Costs and Transactions Costs
    Econometrica, 2013, 81, (4), 1455-1481 View citations (75)
    See also Working Paper Optimal Inattention to the Stock Market with Information Costs and Transactions Costs, 2011 Meeting Papers (2011) View citations (1) (2011)

2012

11. Displacement risk and asset returns
    Journal of Financial Economics, 2012, 105, (3), 491-510 View citations (51)
12. Technological Growth and Asset Pricing
    Journal of Finance, 2012, 67, (4), 1265-1292 View citations (43)
    See also Working Paper Technological Growth and Asset Pricing, NBER Working Papers (2009) View citations (22) (2009)

2010

13. Bailouts, the incentive to manage risk, and financial crises
    Journal of Financial Economics, 2010, 95, (3), 296-311 View citations (22)
    See also Working Paper Bailouts, the Incentive to Manage Risk, and Financial Crises, NBER Working Papers (2009) View citations (10) (2009)
14. Optimal taxation in the presence of bailouts
    Journal of Monetary Economics, 2010, 57, (1), 101-116 View citations (2)
    See also Working Paper Optimal taxation in the presence of bailouts, NBER Working Papers (2009) View citations (5) (2009)

2009

15. High‐Water Marks: High Risk Appetites? Convex Compensation, Long Horizons, and Portfolio Choice
    Journal of Finance, 2009, 64, (1), 1-36 View citations (75)

2008

16. Hedging sudden stops and precautionary contractions
    Journal of Development Economics, 2008, 85, (1-2), 28-57 View citations (69)
    See also Working Paper Hedging Sudden Stops and Precautionary Contractions, NBER Working Papers (2003) View citations (33) (2003)

2007

17. Optimal Inattention to the Stock Market
    American Economic Review, 2007, 97, (2), 244-249 View citations (76)
18. Saving and investing for early retirement: A theoretical analysis
    Journal of Financial Economics, 2007, 83, (1), 87-121 View citations (88)

2005

19. Contingent Reserves Management: an Applied Framework
    Journal Economía Chilena (The Chilean Economy), 2005, 8, (2), 45-56 View citations (4)
    See also Chapter Contingent Reserves Management: An Applied Framework, Central Banking, Analysis, and Economic Policies Book Series, 2006, 10, 399-420 (2006) View citations (6) (2006)
    Working Paper Contingent Reserves Management: An Applied Framework, Working Papers Central Bank of Chile (2005) View citations (3) (2005)

Chapters

2006

1. Contingent Reserves Management: An Applied Framework
   Chapter 12 in External Vulnerability and Preventive Policies, 2006, vol. 10, pp 399-420 View citations (6)
   See also Working Paper Contingent Reserves Management: An Applied Framework, Central Bank of Chile (2005) View citations (3) (2005)
   Journal Article Contingent Reserves Management: an Applied Framework, Central Bank of Chile (2005) View citations (4) (2005)

Software Items

2024

1. Code and data files for "Are Zero-Covid Policies Optimal?"
   Computer Codes, Review of Economic Dynamics
   See also Journal Article Are Zero-Covid Policies Optimal?, Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics (2024) (2024)