Details about Gordon M. Phillips

Access statistics for papers by Gordon M. Phillips.

Last updated 2020-10-06. Update your information in the RePEc Author Service.

Short-id: pph31

Working Papers

2020

1. Can the Unemployed Borrow? Implications for Public Insurance
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (1)
   Also in 2019 Meeting Papers, Society for Economic Dynamics (2019) View citations (2)
   2018 Meeting Papers, Society for Economic Dynamics (2018) View citations (12)
2. Education and Innovation: The Long Shadow of the Cultural Revolution
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (2)
3. How Does Credit Access Affect Job-Search Outcomes and Sorting?
   Liberty Street Economics, Federal Reserve Bank of New York
4. Internet Access and U.S. - China Innovation Competition
   NBER Working Papers, National Bureau of Economic Research, Inc

2019

5. Do Public Firms Respond to Industry Opportunities More Than Private Firms? The Impact of Initial Firm Quality
   NBER Working Papers, National Bureau of Economic Research, Inc
6. Innovation Activities and Integration through Vertical Acquisitions
   Swiss Finance Institute Research Paper Series, Swiss Finance Institute View citations (1)

2018

7. Production and Learning in Teams
   NBER Working Papers, National Bureau of Economic Research, Inc
   Also in Working Papers, Human Capital and Economic Opportunity Working Group (2018)
8. Worker Mobility and the Diffusion of Knowledge
   2018 Meeting Papers, Society for Economic Dynamics View citations (1)

2017

9. Do Public Firms Respond to Investment Opportunities More than Private Firms? The Impact of Initial Firm Quality
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (1)
10. How Credit Constraints Impact Job Finding Rates, Sorting & Aggregate Output
    Working Papers, Human Capital and Economic Opportunity Working Group View citations (1)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2016) View citations (19)
    Working Papers, U.S. Census Bureau, Center for Economic Studies (2016) View citations (14)
11. Knowledge Diffusion Within and Across Firms
    2017 Meeting Papers, Society for Economic Dynamics
12. The Impact of Bank Credit on Labor Reallocation and Aggregate Industry Productivity
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (4)
    Also in Working Papers, U.S. Census Bureau, Center for Economic Studies (2016) View citations (2)
    See also Journal Article in Journal of Finance (2018)
13. The Impact of Consumer Credit Access on Employment, Earnings, and Entrepreneurship
    Working Papers, Human Capital and Economic Opportunity Working Group View citations (8)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2016) View citations (24)
14. Venture Capital Investments and Merger and Acquisition Activity Around the World
    NBER Working Papers, National Bureau of Economic Research, Inc

2016

15. Extending Industry Specialization through Cross-Border Acquisitions
    TSE Working Papers, Toulouse School of Economics (TSE)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2016)
    See also Journal Article in Review of Financial Studies (2017)

2015

16. The Impact of Consumer Credit Constraints on Earnings, Sorting, and Job Finding Rates of Displaced Workers
    2015 Meeting Papers, Society for Economic Dynamics

2014

17. Financing Decisions and Product Introductions of Private and Publicly Traded Firms
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (1)
18. Outside Purchase Contracts, Human Capital and Firm Capital Structure
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (2)

2012

19. R&D and the Incentives from Merger and Acquisition Activity
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (6)
    See also Journal Article in Review of Financial Studies (2013)

2011

20. Conglomerate Industry Choice and Product Differentiation
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (3)
21. How Do Firm Financial Conditions Affect Product Quality and Pricing?
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (13)
    See also Journal Article in Management Science (2013)
22. Post-Merger Restructuring and the Boundaries of the Firm
    Working Papers, U.S. Census Bureau, Center for Economic Studies View citations (55)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2008) View citations (4)
    See also Journal Article in Journal of Financial Economics (2011)
23. R&D and the Market for Acquisitions
    Swiss Finance Institute Research Paper Series, Swiss Finance Institute

2010

24. Asset Liquidity and the Cost of Capital
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (6)
25. Text-Based Network Industries and Endogenous Product Differentiation
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (7)
    See also Journal Article in Journal of Political Economy (2016)

2008

26. Product Market Synergies and Competition in Mergers and Acquisitions: A Text-Based Analysis
    NBER Working Papers, National Bureau of Economic Research, Inc
    See also Journal Article in Review of Financial Studies (2010)
27. Real and Financial Industry Booms and Busts
    NBER Working Papers, National Bureau of Economic Research, Inc
    See also Journal Article in Journal of Finance (2010)

2006

28. The Industry Life Cycle and Acquisitions and Investment: Does Firm Organization Matter?
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (5)
    Also in Working Papers, U.S. Census Bureau, Center for Economic Studies (2005) View citations (3)

2005

29. Why Do Public Firms Issue Private and Public Securities?
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (19)
    See also Journal Article in Journal of Financial Intermediation (2012)

2002

30. Firm-Specific Resources, Financial-Market Development and the Growth of U.S. Multinationals
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (4)
31. Is There an Optimal Industry Financial Structure?
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (20)

1999

32. Do Conglomerate Firms Allocate Resources Inefficiently?
    Working Papers, U.S. Census Bureau, Center for Economic Studies View citations (45)
33. The Market for Corporate Assets: Who Engages in Mergers and Asset Sales and are there Efficiency Gains?
    Working Papers, U.S. Census Bureau, Center for Economic Studies View citations (60)
    See also Journal Article in Journal of Finance (2001)

1998

34. Optimal Firm Size and the Growth of Conglomerate and Single-Industry Firms
    Working Papers, U.S. Census Bureau, Center for Economic Studies View citations (5)

1996

35. Efficiency of Bankrupt Firms and Industry Conditions: Theory and Evidence
    Working Papers, U.S. Census Bureau, Center for Economic Studies View citations (4)

1995

36. Capital Structure And Product Market Rivalry: How Do We Reconcile Theory And Evidence?
    Working Papers, U.S. Census Bureau, Center for Economic Studies View citations (50)
    See also Journal Article in American Economic Review (1995)
37. Capital Structure and Product Market Behavior: An Examination of Plant Exit and Investment Decisions
    Working Papers, U.S. Census Bureau, Center for Economic Studies View citations (20)
    Also in UFAE and IAE Working Papers, Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC) (1995) View citations (37)
    CESifo Working Paper Series, CESifo (1995) View citations (2)
    See also Journal Article in Review of Financial Studies (1997)

1993

38. Information and Normal Backwardationas Determinants of Trading Performance: Evidence form North-Sea Oil Forward Market
    Working Papers, Purdue University, Krannert School of Management - Center for International Business Education and Research (CIBER) View citations (1)
    See also Journal Article in Economic Journal (1994)

1991

39. Trading Performance in Forward Markets: A Micro-Data Test of Normal Backwardation
    Working Papers, Columbia - Center for Futures Markets

Journal Articles

2019

1. CEOs and the Product Market: When Are Powerful CEOs Beneficial?
   Journal of Financial and Quantitative Analysis, 2019, 54, (6), 2295-2326 View citations (4)

2018

2. Text-Based Industry Momentum
   Journal of Financial and Quantitative Analysis, 2018, 53, (6), 2355-2388 View citations (1)
3. The Impact of Bank Credit on Labor Reallocation and Aggregate Industry Productivity
   Journal of Finance, 2018, 73, (6), 2787-2836 View citations (11)
   See also Working Paper (2017)

2017

4. Extending Industry Specialization through Cross-Border Acquisitions
   Review of Financial Studies, 2017, 30, (5), 1539-1582 View citations (17)
   See also Working Paper (2016)
5. Financing and New Product Decisions of Private and Publicly Traded Firms
   Review of Financial Studies, 2017, 30, (5), 1744-1789 View citations (5)

2016

6. Text-Based Network Industries and Endogenous Product Differentiation
   Journal of Political Economy, 2016, 124, (5), 1423 - 1465 View citations (114)
   See also Working Paper (2010)

2014

7. Product Market Threats, Payouts, and Financial Flexibility
   Journal of Finance, 2014, 69, (1), 293-324 View citations (112)
8. Real Asset Illiquidity and the Cost of Capital
   Journal of Financial and Quantitative Analysis, 2014, 49, (1), 1-32 View citations (32)

2013

9. Conglomerate Firms, Internal Capital Markets, and the Theory of the Firm
   Annual Review of Financial Economics, 2013, 5, (1), 225-244 View citations (26)
10. Discussion of A Measure of Competition Based on 10‐K Filings
    Journal of Accounting Research, 2013, 51, (2), 437-447
11. How Do Firm Financial Conditions Affect Product Quality and Pricing?
    Management Science, 2013, 59, (8), 1764-1782 View citations (6)
    See also Working Paper (2011)
12. Private and Public Merger Waves
    Journal of Finance, 2013, 68, (5), 2177-2217 View citations (42)
13. R&D and the Incentives from Merger and Acquisition Activity
    Review of Financial Studies, 2013, 26, (1), 34-78 View citations (37)
    See also Working Paper (2012)

2012

14. Why do public firms issue private and public securities?
    Journal of Financial Intermediation, 2012, 21, (4), 619-658 View citations (62)
    See also Working Paper (2005)

2011

15. Post-merger restructuring and the boundaries of the firm
    Journal of Financial Economics, 2011, 102, (2), 317-343 View citations (56)
    See also Working Paper (2011)

2010

16. Product Market Synergies and Competition in Mergers and Acquisitions: A Text-Based Analysis
    Review of Financial Studies, 2010, 23, (10), 3773-3811 View citations (192)
    See also Working Paper (2008)
17. Real and Financial Industry Booms and Busts
    Journal of Finance, 2010, 65, (1), 45-86 View citations (72)
    See also Working Paper (2008)

2008

18. The Industry Life Cycle, Acquisitions and Investment: Does Firm Organization Matter?
    Journal of Finance, 2008, 63, (2), 673-708 View citations (36)

2005

19. How Does Industry Affect Firm Financial Structure?
    Review of Financial Studies, 2005, 18, (4), 1433-1466 View citations (166)

2001

20. The Market for Corporate Assets: Who Engages in Mergers and Asset Sales and Are There Efficiency Gains?
    Journal of Finance, 2001, 56, (6), 2019-2065 View citations (236)
    See also Working Paper (1999)

2000

21. Corporate Equity Ownership, Strategic Alliances, and Product Market Relationships
    Journal of Finance, 2000, 55, (6), 2791-2815 View citations (135)

1997

22. Capital Structure and Product Market Behavior: An Examination of Plant Exit and Investment Decisions
    Review of Financial Studies, 1997, 10, (3), 767-803 View citations (87)
    See also Working Paper (1995)

1995

23. Capital Structure and Product-Market Rivalry: How Do We Reconcile Theory and Evidence?
    American Economic Review, 1995, 85, (2), 403-08 View citations (59)
    See also Working Paper (1995)
24. Increased debt and industry product markets An empirical analysis
    Journal of Financial Economics, 1995, 37, (2), 189-238 View citations (146)

1994

25. Information and Normal Backwardation as Determinants of Trading Performance: Evidence from the North Sea Oil Forward Market
    Economic Journal, 1994, 104, (422), 76-95 View citations (13)
    See also Working Paper (1993)