Details about Paola Sapienza

Homepage:	http://www.kellogg.northwestern.edu/faculty/sapienza/htm/research.htm
Phone:	+1-847-491-7436
Postal address:	Kellogg School of Management Finance Department Northwestern University 2211 Campus Drive, Evanston, IL 60208-2001
Workplace:	Kellogg Graduate School of Management, Northwestern University, (more information at EDIRC) National Bureau of Economic Research (NBER), (more information at EDIRC) Centre for Economic Policy Research (CEPR), (more information at EDIRC)

Access statistics for papers by Paola Sapienza.

Last updated 2023-03-10. Update your information in the RePEc Author Service.

Short-id: psa155

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Working Papers

2024

Embedded Culture as a Source of Comparative Advantage
NBER Working Papers, National Bureau of Economic Research, Inc

2008

Is mistrust self-fulfilling?
MPRA Paper, University Library of Munich, Germany View citations (9)
See also Journal Article Is mistrust self-fulfilling?, Economics Letters, Elsevier (2009) View citations (62) (2009)
Procrastination and Impatience
CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (4)
Also in NBER Working Papers, National Bureau of Economic Research, Inc (2007) View citations (9)
See also Journal Article Procrastination and impatience, Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier (2015) View citations (17) (2015)
Social Capital as Good Culture
CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (331)
Also in NBER Working Papers, National Bureau of Economic Research, Inc (2007) View citations (44)
Economics Working Papers, European University Institute (2007) View citations (38)
Time discounting for primary and monetary rewards
MPRA Paper, University Library of Munich, Germany View citations (3)
See also Journal Article Time discounting for primary and monetary rewards, Economics Letters, Elsevier (2010) View citations (37) (2010)

2007

A Lobbying Approach to Evaluating the Sarbanes-Oxley Act of 2002
CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (4)
Also in NBER Working Papers, National Bureau of Economic Research, Inc (2007) View citations (3)
See also Journal Article A Lobbying Approach to Evaluating the Sarbanes‐Oxley Act of 2002, Journal of Accounting Research, John Wiley & Sons, Ltd. (2009) View citations (44) (2009)
Cultural Biases in Economic Exchange?
Economics Working Papers, European University Institute View citations (14)
Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2005) View citations (49)
NBER Working Papers, National Bureau of Economic Research, Inc (2004) View citations (91)
2005 Meeting Papers, Society for Economic Dynamics (2005) View citations (42)
See also Journal Article Cultural Biases in Economic Exchange?, The Quarterly Journal of Economics, President and Fellows of Harvard College (2009) View citations (1135) (2009)
The Cost of Banking Regulation
Economics Working Papers, European University Institute View citations (2)
Also in NBER Working Papers, National Bureau of Economic Research, Inc (2006) View citations (62)
Proceedings, Federal Reserve Bank of Chicago (2004) View citations (2)
CEPR Discussion Papers, C.E.P.R. Discussion Papers (2006) View citations (61)
Understanding Trust
NBER Working Papers, National Bureau of Economic Research, Inc View citations (64)
Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2007) View citations (57)
See also Journal Article Understanding Trust, Economic Journal, Royal Economic Society (2013) View citations (100) (2013)
What Do Independent Directors Know? Evidence from Their Trading
CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (1)
Also in NBER Working Papers, National Bureau of Economic Research, Inc (2006) View citations (4)
See also Journal Article What Do Independent Directors Know? Evidence from Their Trading, The Review of Financial Studies, Society for Financial Studies (2010) View citations (137) (2010)
Chapter What Do Independent Directors Know? Evidence from Their Trading, NBER Chapters, National Bureau of Economic Research, Inc (2010) View citations (137) (2010)

2006

Does Culture Affect Economic Outcomes?
NBER Working Papers, National Bureau of Economic Research, Inc View citations (1796)
Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2006) View citations (1804)
Working Papers, The University of Chicago Booth School of Business, George J. Stigler Center for the Study of the Economy and the State (2006) View citations (1531)
See also Journal Article Does Culture Affect Economic Outcomes?, Journal of Economic Perspectives, American Economic Association (2006) View citations (1771) (2006)
What Do Outside Directors Know? Evidence From Outsider Trading
2006 Meeting Papers, Society for Economic Dynamics

2005

Trusting the Stock Market
NBER Working Papers, National Bureau of Economic Research, Inc View citations (38)
Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2005) View citations (30)
See also Journal Article Trusting the Stock Market, Journal of Finance, American Finance Association (2008) View citations (976) (2008)

2004

The Real Effects of Investor Sentiment
NBER Working Papers, National Bureau of Economic Research, Inc View citations (34)
Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2003) View citations (6)

2002

Does Local Financial Development Matter?
CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (43)
Also in NBER Working Papers, National Bureau of Economic Research, Inc (2002) View citations (37)
See also Journal Article Does Local Financial Development Matter?, The Quarterly Journal of Economics, President and Fellows of Harvard College (2004) View citations (630) (2004)
Chapter Does Local Financial Development Matter?, Springer Books, Springer (2009) View citations (8) (2009)
People's Opium? Religion and Economic Attitudes
CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (30)
Also in NBER Working Papers, National Bureau of Economic Research, Inc (2002) View citations (17)
Working Papers, The University of Chicago Booth School of Business, George J. Stigler Center for the Study of the Economy and the State (2002)
See also Journal Article People's opium? Religion and economic attitudes, Journal of Monetary Economics, Elsevier (2003) View citations (818) (2003)
What Do State-Owned Firms Maximize? Evidence from the Italian Banks
CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (14)

2000

The Role of Social Capital In Financial Development
CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (93)
Also in CRSP working papers, Center for Research in Security Prices, Graduate School of Business, University of Chicago (2000) View citations (70)
NBER Working Papers, National Bureau of Economic Research, Inc (2000) View citations (78)
See also Journal Article The Role of Social Capital in Financial Development, American Economic Review, American Economic Association (2004) View citations (1567) (2004)

Journal Articles

2021

Born in the family: Preferences for boys and the gender gap in math
Journal of Economic Behavior & Organization, 2021, 183, (C), 175-188 View citations (24)
See also Working Paper Born in the family: preferences for boys and the gender gap in math, LSE Research Online Documents on Economics (2021) View citations (22) (2021)
Civic capital and social distancing during the Covid-19 pandemic☆
Journal of Public Economics, 2021, 193, (C) View citations (78)
Comment
NBER Macroeconomics Annual, 2021, 35, (1), 374 - 380
The Family Origin of the Math Gender Gap Is a White Affluent Phenomenon
AEA Papers and Proceedings, 2021, 111, 179-83 View citations (1)
See also Working Paper The Family Origin of the Math Gender Gap is a White Affluent Phenomenon, NBER Working Papers (2021) View citations (1) (2021)

2020

The Cost of Being Too Patient
AEA Papers and Proceedings, 2020, 110, 314-18
See also Working Paper The Cost of Being Too Patient, IZA Discussion Papers (2020) (2020)

2019

Long-Term Orientation and Educational Performance
American Economic Journal: Economic Policy, 2019, 11, (4), 272-309 View citations (35)
See also Working Paper Long-Term Orientation and Educational Performance, NBER Working Papers (2016) View citations (11) (2016)

2018

Time varying risk aversion
Journal of Financial Economics, 2018, 128, (3), 403-421 View citations (253)
See also Working Paper Time Varying Risk Aversion, NBER Working Papers (2013) View citations (107) (2013)

2016

LONG-TERM PERSISTENCE
Journal of the European Economic Association, 2016, 14, (6), 1401-1436 View citations (267)
Also in Journal of the European Economic Association, 2016, 14, (6), 1401-1436 (2016) View citations (256)
See also Working Paper Long-term Persistence, EIEF Working Papers Series (2013) View citations (7) (2013)
Monnet’s error?
Economic Policy, 2016, 31, (86), 247-297 View citations (11)
See also Working Paper Monnet's Error, EIEF Working Papers Series (2015) View citations (1) (2015)

2015

Corporate Culture, Societal Culture, and Institutions
American Economic Review, 2015, 105, (5), 336-39 View citations (63)
See also Working Paper Corporate Culture, Societal Culture, and Institutions, NBER Working Papers (2015) View citations (63) (2015)
Procrastination and impatience
Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), 2015, 58, (C), 63-76 View citations (17)
See also Working Paper Procrastination and Impatience, CEPR Discussion Papers (2008) View citations (4) (2008)
The value of corporate culture
Journal of Financial Economics, 2015, 117, (1), 60-76 View citations (179)
See also Chapter The Value of Corporate Culture, NBER Chapters, 2011, 60-76 (2011) (2011)
Working Paper The Value of Corporate Culture, NBER Working Papers (2013) View citations (12) (2013)

2013

Economic Experts versus Average Americans
American Economic Review, 2013, 103, (3), 636-42 View citations (82)
The Determinants of Attitudes toward Strategic Default on Mortgages
Journal of Finance, 2013, 68, (4), 1473-1515 View citations (247)
See also Working Paper The Determinants of Attitudes towards Strategic Default on Mortgages, Economics Working Papers (2010) View citations (7) (2010)
Understanding Trust
Economic Journal, 2013, 123, (12), 1313-1332 View citations (100)
See also Working Paper Understanding Trust, NBER Working Papers (2007) View citations (64) (2007)

2012

A Trust Crisis
International Review of Finance, 2012, 12, (2), 123-131 View citations (101)
The emergence of male leadership in competitive environments
Journal of Economic Behavior & Organization, 2012, 83, (1), 111-117 View citations (61)
See also Working Paper The Emergence of Male Leadership in Competitive Environments, IZA Discussion Papers (2010) View citations (9) (2010)

2010

Discussion of Self‐Selection and the Forecasting Abilities of Female Equity Analysts
Journal of Accounting Research, 2010, 48, (2), 437-443 View citations (3)
Time discounting for primary and monetary rewards
Economics Letters, 2010, 106, (2), 125-127 View citations (37)
See also Working Paper Time discounting for primary and monetary rewards, MPRA Paper (2008) View citations (3) (2008)
What Do Independent Directors Know? Evidence from Their Trading
The Review of Financial Studies, 2010, 23, (3), 962-1003 View citations (137)
See also Chapter What Do Independent Directors Know? Evidence from Their Trading, NBER Chapters, 2010 (2010) View citations (137) (2010)
Working Paper What Do Independent Directors Know? Evidence from Their Trading, CEPR Discussion Papers (2007) View citations (1) (2007)

2009

A Lobbying Approach to Evaluating the Sarbanes‐Oxley Act of 2002
Journal of Accounting Research, 2009, 47, (2), 519-583 View citations (44)
See also Working Paper A Lobbying Approach to Evaluating the Sarbanes-Oxley Act of 2002, CEPR Discussion Papers (2007) View citations (4) (2007)
Cultural Biases in Economic Exchange?
The Quarterly Journal of Economics, 2009, 124, (3), 1095-1131 View citations (1135)
See also Working Paper Cultural Biases in Economic Exchange?, Economics Working Papers (2007) View citations (14) (2007)
Is mistrust self-fulfilling?
Economics Letters, 2009, 104, (2), 89-91 View citations (62)
See also Working Paper Is mistrust self-fulfilling?, MPRA Paper (2008) View citations (9) (2008)
The Stock Market and Corporate Investment: A Test of Catering Theory
The Review of Financial Studies, 2009, 22, (1), 187-217 View citations (187)

2008

Alfred Marshall Lecture Social Capital as Good Culture
Journal of the European Economic Association, 2008, 6, (2-3), 295-320 View citations (310)
Trusting the Stock Market
Journal of Finance, 2008, 63, (6), 2557-2600 View citations (976)
See also Working Paper Trusting the Stock Market, NBER Working Papers (2005) View citations (38) (2005)

2006

Does Culture Affect Economic Outcomes?
Journal of Economic Perspectives, 2006, 20, (2), 23-48 View citations (1771)
See also Working Paper Does Culture Affect Economic Outcomes?, NBER Working Papers (2006) View citations (1796) (2006)

2004

Does Local Financial Development Matter?
The Quarterly Journal of Economics, 2004, 119, (3), 929-969 View citations (630)
See also Chapter Does Local Financial Development Matter?, Springer Books, 2009, 31-66 (2009) View citations (8) (2009)
Working Paper Does Local Financial Development Matter?, CEPR Discussion Papers (2002) View citations (43) (2002)
The Role of Social Capital in Financial Development
American Economic Review, 2004, 94, (3), 526-556 View citations (1567)
See also Working Paper The Role of Social Capital In Financial Development, CEPR Discussion Papers (2000) View citations (93) (2000)
The effects of government ownership on bank lending
Journal of Financial Economics, 2004, 72, (2), 357-384 View citations (621)

2003

People's opium? Religion and economic attitudes
Journal of Monetary Economics, 2003, 50, (1), 225-282 View citations (818)
See also Working Paper People's Opium? Religion and Economic Attitudes, CEPR Discussion Papers (2002) View citations (30) (2002)

2002

The Effects of Banking Mergers on Loan Contracts
Journal of Finance, 2002, 57, (1), 329-367 View citations (292)

2001

Discussion
Journal of Finance, 2001, 56, (4), 1528-1531

Chapters

2020

Comment on "The Glass Ceiling and the Paper Floor: Changing Gender Composition of Top Earners since the 1980s"
A chapter in NBER Macroeconomics Annual 2020, volume 35, 2020, pp 374-380

2011

The Value of Corporate Culture
A chapter in Causes and Consequences of Corporate Culture, 2011, pp 60-76
See also Working Paper The Value of Corporate Culture, National Bureau of Economic Research, Inc (2013) View citations (12) (2013)
Journal Article The value of corporate culture, Elsevier (2015) View citations (179) (2015)

2010

What Do Independent Directors Know? Evidence from Their Trading
A chapter in Corporate Governance, 2010 View citations (137)
See also Working Paper What Do Independent Directors Know? Evidence from Their Trading, C.E.P.R. Discussion Papers (2007) View citations (1) (2007)
Journal Article What Do Independent Directors Know? Evidence from Their Trading, Society for Financial Studies (2010) View citations (137) (2010)

2009

Does Local Financial Development Matter?
Springer View citations (8)
See also Working Paper Does Local Financial Development Matter?, C.E.P.R. Discussion Papers (2002) View citations (43) (2002)
Journal Article Does Local Financial Development Matter?, President and Fellows of Harvard College (2004) View citations (630) (2004)
Trust and Financial Markets
Chapter 4 in The First Credit Market Turmoil Of The 21st Century Implications for Public Policy, 2009, pp 29-38 View citations (9)

2005

Comments on Lessons from Case Studies of Large Insolvencies
Chapter 23 in Systemic Financial Crises Resolving Large Bank Insolvencies, 2005, pp 391-394