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Details about Michael Schwert

Homepage:https://sites.google.com/site/mwschwert/
Workplace:Finance Department, Wharton School of Business, University of Pennsylvania, (more information at EDIRC)

Access statistics for papers by Michael Schwert.

Last updated 2025-03-14. Update your information in the RePEc Author Service.

Short-id: psc782


Jump to Journal Articles

Working Papers

2022

  1. Sea Level Rise Exposure and Municipal Bond Yields
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (14)
    See also Journal Article Sea-Level Rise Exposure and Municipal Bond Yields, The Review of Financial Studies, Society for Financial Studies (2023) Downloads View citations (3) (2023)

2021

  1. CLO Performance
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads
    See also Journal Article CLO Performance, Journal of Finance, American Finance Association (2023) Downloads (2023)
  2. The Marginal Value of Public Pension Wealth: Evidence from Border House Prices
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads

2020

  1. Interest Rates and the Design of Financial Contracts
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (2)

2018

  1. How Often Do Firms Rebalance Their Capital Structures? Evidence from Corporate Filings
    Research Papers, Stanford University, Graduate School of Business Downloads View citations (2)
  2. Is Borrowing from Banks More Expensive than Borrowing from the Market?
    Working Paper Series, Ohio State University, Charles A. Dice Center for Research in Financial Economics Downloads View citations (4)

2017

  1. Bank Capital and Lending Relationships
    Working Paper Series, Ohio State University, Charles A. Dice Center for Research in Financial Economics Downloads View citations (9)
    See also Journal Article Bank Capital and Lending Relationships, Journal of Finance, American Finance Association (2018) Downloads View citations (140) (2018)
  2. The Economics of PIPEs
    Working Paper Series, Ohio State University, Charles A. Dice Center for Research in Financial Economics Downloads View citations (4)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2017) Downloads View citations (1)

    See also Journal Article The economics of PIPEs, Journal of Financial Intermediation, Elsevier (2021) Downloads View citations (11) (2021)

2016

  1. Municipal Bond Liquidity and Default Risk
    Working Paper Series, Ohio State University, Charles A. Dice Center for Research in Financial Economics Downloads View citations (5)
    See also Journal Article Municipal Bond Liquidity and Default Risk, Journal of Finance, American Finance Association (2017) Downloads View citations (76) (2017)

Journal Articles

2025

  1. Duration-Based Valuation of Corporate Bonds
    The Review of Financial Studies, 2025, 38, (1), 158-191 Downloads

2023

  1. CLO Performance
    Journal of Finance, 2023, 78, (3), 1235-1278 Downloads
    See also Working Paper CLO Performance, NBER Working Papers (2021) Downloads (2021)
  2. Sea-Level Rise Exposure and Municipal Bond Yields
    The Review of Financial Studies, 2023, 36, (11), 4588-4635 Downloads View citations (3)
    See also Working Paper Sea Level Rise Exposure and Municipal Bond Yields, NBER Working Papers (2022) Downloads View citations (14) (2022)

2022

  1. Proactive Capital Structure Adjustments: Evidence from Corporate Filings
    Journal of Financial and Quantitative Analysis, 2022, 57, (1), 31-66 Downloads View citations (1)

2021

  1. The economics of PIPEs
    Journal of Financial Intermediation, 2021, 45, (C) Downloads View citations (11)
    See also Working Paper The Economics of PIPEs, Working Paper Series (2017) Downloads View citations (4) (2017)

2020

  1. Does Borrowing from Banks Cost More than Borrowing from the Market?
    Journal of Finance, 2020, 75, (2), 905-947 Downloads View citations (40)

2018

  1. Bank Capital and Lending Relationships
    Journal of Finance, 2018, 73, (2), 787-830 Downloads View citations (140)
    See also Working Paper Bank Capital and Lending Relationships, Working Paper Series (2017) Downloads View citations (9) (2017)

2017

  1. Municipal Bond Liquidity and Default Risk
    Journal of Finance, 2017, 72, (4), 1683-1722 Downloads View citations (76)
    See also Working Paper Municipal Bond Liquidity and Default Risk, Working Paper Series (2016) Downloads View citations (5) (2016)
 
Page updated 2025-03-31