Details about Joel David

Access statistics for papers by Joel David.

Last updated 2024-04-06. Update your information in the RePEc Author Service.

Short-id: pda513

Working Papers

2023

1. International Diversification, Reallocation, and the Labor Share
   NBER Working Papers, National Bureau of Economic Research, Inc
   Also in Working Paper Series, Federal Reserve Bank of Chicago (2023)

2021

2. Risk-Taking, Capital Allocation and Optimal Monetary Policy
   Working Paper Series, Federal Reserve Bank of Chicago View citations (1)

2020

3. Risk-Adjusted Capital Allocation and Misallocation
   Working Paper Series, Federal Reserve Bank of Chicago View citations (4)
   Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2018) View citations (9)
   See also Journal Article Risk-adjusted capital allocation and misallocation, Journal of Financial Economics, Elsevier (2022) View citations (8) (2022)

2018

4. Firm Performance and Macro Forecast Accuracy
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (14)
   See also Journal Article Firm performance and macro forecast accuracy, Journal of Monetary Economics, Elsevier (2020) View citations (56) (2020)
5. Misallocation or Risk-Adjusted Capital Allocation?
   2018 Meeting Papers, Society for Economic Dynamics View citations (7)

2017

6. Capital Misallocation: Frictions or Distortions?
   2017 Meeting Papers, Society for Economic Dynamics View citations (14)
7. The Sources of Capital Misallocation
   Working Papers, New York University, Leonard N. Stern School of Business, Department of Economics View citations (7)
   Also in NBER Working Papers, National Bureau of Economic Research, Inc (2017) View citations (18)
   See also Journal Article The Sources of Capital Misallocation, American Economic Review, American Economic Association (2019) View citations (87) (2019)

2016

8. Correlated Beliefs, Returns, and Stock Market Volatility
   2016 Meeting Papers, Society for Economic Dynamics View citations (4)
   Also in NBER Working Papers, National Bureau of Economic Research, Inc (2015) View citations (2)
   See also Journal Article Correlated beliefs, returns, and stock market volatility, Journal of International Economics, Elsevier (2016) View citations (4) (2016)
   Chapter Correlated Beliefs, Returns, and Stock Market Volatility, NBER Chapters, National Bureau of Economic Research, Inc (2016) View citations (4) (2016)
9. Frictional Investment and the Sources of Misallocation
   Working Papers, New York University, Leonard N. Stern School of Business, Department of Economics
10. The Risky Capital of Emerging Markets
    2016 Meeting Papers, Society for Economic Dynamics View citations (11)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2014) View citations (19)

2014

11. Information, Misallocation and Aggregate Productivity
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (31)
    Also in 2014 Meeting Papers, Society for Economic Dynamics (2014) View citations (20)
    See also Journal Article Information, Misallocation, and Aggregate Productivity, The Quarterly Journal of Economics, President and Fellows of Harvard College (2016) View citations (80) (2016)

2013

12. The Informativeness of Stock Prices, Misallocation and Aggregate Productivity
    2013 Meeting Papers, Society for Economic Dynamics View citations (3)

2012

13. The Aggregate Implications of Mergers and Acquisitions
    2012 Meeting Papers, Society for Economic Dynamics View citations (19)
    See also Journal Article The Aggregate Implications of Mergers and Acquisitions, The Review of Economic Studies, Review of Economic Studies Ltd (2021) View citations (9) (2021)

Journal Articles

2023

1. The Rise of Intangible Investment and the Transmission of Monetary Policy
   Chicago Fed Letter, 2023, no 482, 8

2022

2. Risk-adjusted capital allocation and misallocation
   Journal of Financial Economics, 2022, 145, (3), 684-705 View citations (8)
   See also Working Paper Risk-Adjusted Capital Allocation and Misallocation, Working Paper Series (2020) View citations (4) (2020)

2021

3. Capital Allocation in Developing Countries
   The World Bank Economic Review, 2021, 35, (4), 1102-1121 View citations (2)
4. Has Covid-19 been a “reallocation recession”?
   Chicago Fed Letter, 2021, (452), 8 View citations (1)
5. The Aggregate Implications of Mergers and Acquisitions
   (Innovation, Reallocation, and Growth)
   The Review of Economic Studies, 2021, 88, (4), 1796-1830 View citations (9)
   See also Working Paper The Aggregate Implications of Mergers and Acquisitions, 2012 Meeting Papers (2012) View citations (19) (2012)

2020

6. Firm performance and macro forecast accuracy
   Journal of Monetary Economics, 2020, 114, (C), 26-41 View citations (56)
   See also Working Paper Firm Performance and Macro Forecast Accuracy, NBER Working Papers (2018) View citations (14) (2018)
7. Will the Covid-19 pandemic lead to job reallocation and persistent unemployment?
   Chicago Fed Letter, 2020, (444), 6 View citations (1)

2019

8. The Sources of Capital Misallocation
   American Economic Review, 2019, 109, (7), 2531-67 View citations (87)
   See also Working Paper The Sources of Capital Misallocation, Working Papers (2017) View citations (7) (2017)

2016

9. Correlated beliefs, returns, and stock market volatility
   Journal of International Economics, 2016, 99, (S1), S58-S77 View citations (4)
   See also Chapter Correlated Beliefs, Returns, and Stock Market Volatility, NBER Chapters, 2016 (2016) View citations (4) (2016)
   Working Paper Correlated Beliefs, Returns, and Stock Market Volatility, 2016 Meeting Papers (2016) View citations (4) (2016)
10. Information, Misallocation, and Aggregate Productivity
    The Quarterly Journal of Economics, 2016, 131, (2), 943-1005 View citations (80)
    See also Working Paper Information, Misallocation and Aggregate Productivity, NBER Working Papers (2014) View citations (31) (2014)

Chapters

2016

1. Correlated Beliefs, Returns, and Stock Market Volatility
   A chapter in NBER International Seminar on Macroeconomics 2015, 2016 View citations (4)
   See also Journal Article Correlated beliefs, returns, and stock market volatility, Elsevier (2016) View citations (4) (2016)
   Working Paper Correlated Beliefs, Returns, and Stock Market Volatility, Society for Economic Dynamics (2016) View citations (4) (2016)