Lawrence Schmidt

MIT Sloan School of Management

77 Massachusetts Avenue

Cambridge, MA 02139-4307

United States

http://https://sites.google.com/site/lawrencedwschmidt/home

SCHOLARLY PAPERS

13

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16,456

SSRN CITATIONS
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SSRN RANKINGS

Top 7,812

in Total Papers Citations

114

CROSSREF CITATIONS

55

Scholarly Papers (13)

Selling Fast and Buying Slow: Heuristics and Trading Performance of Institutional Investors

Number of pages: 92 Posted: 02 Jan 2019 Last Revised: 20 Jul 2021
University of Chicago - Booth School of Business, Inalytics Limited, University of Chicago - Booth School of Business and MIT Sloan School of Management
Downloads 10,210 (575)
Citation 9

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Heuristics, Behavioral Finance, Expert Decision-Making, Limited Attention

Selling Fast and Buying Slow: Heuristics and Trading Performance of Institutional Investors

NBER Working Paper No. w29076
Number of pages: 55 Posted: 26 Jul 2021 Last Revised: 31 Jul 2021
University of Chicago - Booth School of Business, Inalytics Limited, University of Chicago - Booth School of Business and MIT Sloan School of Management
Downloads 2 (800,319)
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2.
Downloads 1,234 ( 13,182)
Citation 42

Runs on Money Market Mutual Funds

Number of pages: 60 Posted: 14 Mar 2011 Last Revised: 12 Sep 2015
Lawrence Schmidt, Allan Timmermann and Russ Wermers
MIT Sloan School of Management, UCSD and University of Maryland - Robert H. Smith School of Business
Downloads 1,234 (19,964)
Citation 43

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Money market mutual funds; bank runs; strategic complementarities

3.

Climbing and Falling Off the Ladder: Asset Pricing Implications of Labor Market Event Risk

Number of pages: 105 Posted: 26 Jul 2014 Last Revised: 15 Mar 2016
Lawrence Schmidt
MIT Sloan School of Management
Downloads 1,468 (15,626)
Citation 37

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4.
Downloads 1,005 ( 27,507)
Citation 11

Pockets of Predictability

Number of pages: 85 Posted: 29 Mar 2018 Last Revised: 01 Jul 2021
Leland Farmer, Lawrence Schmidt and Allan Timmermann
University of Virginia, MIT Sloan School of Management and UCSD
Downloads 1,005 (27,091)
Citation 15

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Out-of-sample return predictability; time-varying expected returns; sticky expectations; affine asset pricing models

Pockets of Predictability

CEPR Discussion Paper No. DP12885
Number of pages: 72 Posted: 23 Apr 2018
Leland Farmer, Lawrence Schmidt and Allan Timmermann
University of Virginia, MIT Sloan School of Management and UCSD
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Predictability of stock returns; incomplete learning; Markov switching predictive systems; cash flows; affine asset pricing models.

Working Remotely and the Supply-Side Impact of COVID-19

Number of pages: 65 Posted: 02 Jun 2020 Last Revised: 09 Nov 2020
Dimitris Papanikolaou and Lawrence Schmidt
Downloads 541 (62,465)
Citation 1

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Working Remotely and the Supply-Side Impact of Covid-19

NBER Working Paper No. w27330
Number of pages: 51 Posted: 10 Jun 2020 Last Revised: 27 Jun 2021
Dimitris Papanikolaou and Lawrence Schmidt
Downloads 88 (352,302)
Citation 7

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6.

Quantile Spacings: A Simple Method for the Joint Estimation of Multiple Quantiles Without Crossing

Number of pages: 64 Posted: 20 Feb 2013 Last Revised: 20 Jul 2016
Lawrence Schmidt and Yinchu Zhu
MIT Sloan School of Management and University of Oregon
Downloads 514 (67,272)
Citation 7

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Quantile Regression, Quantile Crossing Problem

7.

Bad News and Robust Comparative Statics for the Elasticity of Intertemporal Substitution

Number of pages: 39 Posted: 04 Jan 2015 Last Revised: 08 Oct 2019
Lawrence Schmidt and Alexis Akira Toda
MIT Sloan School of Management and University of California, San Diego (UCSD) - Department of Economics
Downloads 416 (86,807)

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elasticity of intertemporal substitution, optimal portfolio problem, recursive preferences

Investor Information Acquisition and Money Market Fund Risk Rebalancing During the 2011-12 Eurozone Crisis

Robert H. Smith School Research Paper No. RHS 2886171
Number of pages: 78 Posted: 16 Dec 2016 Last Revised: 15 Dec 2019
University of Colorado at Boulder - Department of Finance, MIT Sloan School of Management, UCSD and University of Maryland - Robert H. Smith School of Business
Downloads 281 (133,372)
Citation 14

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Money market funds, Eurozone crisis, financial fragility, endogenous information acqui- sition, transparency in short-term funding markets

Transparency, Investor Information Acquisition, and Money Market Fund Risk Rebalancing During the 2011-12 Eurozone Crisis

CEPR Discussion Paper No. DP11895
Number of pages: 68 Posted: 16 Mar 2017
University of Colorado at Boulder - Department of Finance, MIT Sloan School of Management, UCSD and University of Maryland - Robert H. Smith School of Business
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endogenous information acquisition, eurozone crisis, financial fragility, Money market funds, transparency in short-term funding markets

9.

Layoff Risk, the Welfare Cost of Business Cycles, and Monetary Policy

Number of pages: 65 Posted: 14 Sep 2015 Last Revised: 12 Apr 2019
David Berger, Ian Dew-Becker, Lawrence Schmidt and Yuta Takahashi
Northwestern University, Kellogg School of Management - Department of Finance, MIT Sloan School of Management and Northwestern University
Downloads 235 (160,191)
Citation 9

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Layoff risk, monetary policy, heterogeneous agents, business cycles

10.

Technological Change and Occupations over the Long Run

Number of pages: 60 Posted: 06 May 2020 Last Revised: 12 May 2020
Massachusetts Institute of Technology (MIT) - Sloan School of Management, Northwestern University - Kellogg School of Management - Department of Finance, MIT Sloan School of Management and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 168 (217,459)

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11.

Real Risk or Paper Risk? Mis-Measured Factors, Granular Measurement Errors, and Empirical Asset Pricing Tests

Number of pages: 65 Posted: 30 Apr 2019 Last Revised: 14 Feb 2020
Sung Je Byun and Lawrence Schmidt
Federal Reserve Banks - Federal Reserve Bank of Dallas and MIT Sloan School of Management
Downloads 163 (223,099)

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Risk-Return Trade-Off; Idiosyncratic Risk; Empirical Asset Pricing

Technological Innovation and Labor Income Risk

Number of pages: 98 Posted: 25 Jun 2020 Last Revised: 08 Jul 2021
Massachusetts Institute of Technology (MIT) - Sloan School of Management, Northwestern University - Kellogg School of Management - Department of Finance, MIT Sloan School of Management and U.S. Social Security Administration
Downloads 109 (305,561)

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Technological Innovation and Labor Income Risk

Number of pages: 98 Posted: 13 Jul 2020 Last Revised: 07 Jun 2021
Massachusetts Institute of Technology (MIT) - Sloan School of Management, Northwestern University - Kellogg School of Management - Department of Finance, MIT Sloan School of Management, U.S. Social Security Administration and Boston College
Downloads 16 (680,133)

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Technological Innovation and Labor Income Risk

NBER Working Paper No. w26964
Number of pages: 99 Posted: 13 Apr 2020 Last Revised: 12 Jun 2021
Massachusetts Institute of Technology (MIT) - Sloan School of Management, Northwestern University - Kellogg School of Management - Department of Finance, MIT Sloan School of Management and U.S. Social Security Administration
Downloads 3 (789,504)
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13.

Runs on Money Market Funds

CEPR Discussion Paper No. DP9906
Number of pages: 63 Posted: 02 Jun 2014
Lawrence Schmidt, Allan Timmermann and Russ Wermers
MIT Sloan School of Management, UCSD and University of Maryland - Robert H. Smith School of Business
Downloads 3 (756,651)
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bank runs, money market mutual funds, quantile regression, strategic complementarities