Dimitris Papanikolaou

Northwestern University - Kellogg School of Management - Department of Finance

Assistant Professor

Evanston, IL 60208

United States

National Bureau of Economic Research (NBER)

1050 Massachusetts Avenue

Cambridge, MA 02138

United States

SCHOLARLY PAPERS

25

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Rank 2,795

SSRN RANKINGS

Top 2,795

in Total Papers Downloads

15,807

SSRN CITATIONS
Rank 957

SSRN RANKINGS

Top 957

in Total Papers Citations

807

CROSSREF CITATIONS

413

Scholarly Papers (25)

1.
Downloads 5,307 ( 1,808)
Citation 249

Technological Innovation, Resource Allocation and Growth

Quarterly Journal of Economics, Forthcoming
Number of pages: 78 Posted: 22 Dec 2012 Last Revised: 02 Mar 2018
Leonid Kogan, Dimitris Papanikolaou, Amit Seru and Noah Stoffman
Massachusetts Institute of Technology (MIT) - Sloan School of Management, Northwestern University - Kellogg School of Management - Department of Finance, Stanford University and Indiana University - Kelley School of Business - Department of Finance
Downloads 4,660 (2,268)
Citation 14

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Innovation, patents, growth, reallocation

Technological Innovation, Resource Allocation, and Growth

NBER Working Paper No. w17769
Number of pages: 46 Posted: 21 Jan 2012 Last Revised: 22 Jul 2021
Leonid Kogan, Dimitris Papanikolaou, Amit Seru and Noah Stoffman
Massachusetts Institute of Technology (MIT) - Sloan School of Management, Northwestern University - Kellogg School of Management - Department of Finance, Stanford University and Indiana University - Kelley School of Business - Department of Finance
Downloads 647 (49,716)
Citation 149

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2.
Downloads 2,459 ( 6,815)
Citation 50

Portfolio Choice with Illiquid Assets

Number of pages: 46 Posted: 26 Oct 2010 Last Revised: 01 Oct 2014
Andrew Ang, Dimitris Papanikolaou and Mark M. Westerfield
Downloads 1,875 (10,386)
Citation 8

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Asset Allocation, Liquidity, Alternative Assets, Liquidity Crises

Portfolio Choice with Illiquid Assets

Netspar Discussion Paper No. 10/2010-092
Number of pages: 47 Posted: 22 Apr 2011 Last Revised: 19 Sep 2014
Andrew Ang, Dimitris Papanikolaou and Mark M. Westerfield
Downloads 292 (128,168)

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Asset allocation, liquidity, alternative assets, liquidity crises

Portfolio Choice with Illiquid Assets

Management Science, November 2014, Columbia Business School Research Paper No. 14-52
Number of pages: 46 Posted: 03 Oct 2014
Andrew Ang, Dimitris Papanikolaou and Mark M. Westerfield
Downloads 249 (151,160)

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Asset Allocation, Liquidity, Alternative Assets, Liquidity Crises

Portfolio Choice with Illiquid Assets

NBER Working Paper No. w19436
Number of pages: 47 Posted: 14 Sep 2013 Last Revised: 08 Feb 2021
Andrew Ang, Dimitris Papanikolaou and Mark M. Westerfield
Downloads 43 (508,979)
Citation 18

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3.
Downloads 1,194 ( 21,420)
Citation 12

Measuring Technological Innovation Over the Long Run

Yale ICF Working Paper No. 2018-19
Number of pages: 47 Posted: 05 Dec 2018 Last Revised: 11 Jun 2020
Bryan T. Kelly, Dimitris Papanikolaou, Amit Seru and Matt Taddy
Yale SOM, Northwestern University - Kellogg School of Management - Department of Finance, Stanford University and University of Chicago
Downloads 1,095 (23,931)
Citation 1

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Measuring Technological Innovation Over the Long Run

NBER Working Paper No. w25266
Number of pages: 68 Posted: 19 Nov 2018 Last Revised: 16 Jul 2021
Bryan T. Kelly, Dimitris Papanikolaou, Amit Seru and Matt Taddy
Yale SOM, Northwestern University - Kellogg School of Management - Department of Finance, Stanford University and University of Chicago
Downloads 99 (326,789)
Citation 6

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4.
Downloads 704 ( 45,128)

Intangible Value

Number of pages: 66 Posted: 31 Dec 2020 Last Revised: 04 Aug 2021
Andrea L. Eisfeldt, Edward Kim and Dimitris Papanikolaou
UCLA Anderson School of Management, UCLA Anderson School of Management and Northwestern University - Kellogg School of Management - Department of Finance
Downloads 692 (45,544)

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Value investing, value factor, intangible assets, intangible capital

Intangible Value

NBER Working Paper No. w28056
Number of pages: 67 Posted: 09 Nov 2020 Last Revised: 20 Jul 2021
Andrea L. Eisfeldt, Edward Kim and Dimitris Papanikolaou
UCLA Anderson School of Management, UCLA Anderson School of Management and Northwestern University - Kellogg School of Management - Department of Finance
Downloads 12 (713,720)
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Winners and Losers: Creative Destruction and the Stock Market

Number of pages: 71 Posted: 23 Dec 2012 Last Revised: 12 Oct 2017
Leonid Kogan, Dimitris Papanikolaou and Noah Stoffman
Massachusetts Institute of Technology (MIT) - Sloan School of Management, Northwestern University - Kellogg School of Management - Department of Finance and Indiana University - Kelley School of Business - Department of Finance
Downloads 661 (48,317)
Citation 12

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general equilibrium, asset pricing, innovation, risk sharing, technology shocks

Winners and Losers: Creative Destruction and the Stock Market

NBER Working Paper No. w18671
Number of pages: 72 Posted: 05 Jan 2013 Last Revised: 09 Jul 2021
Leonid Kogan, Dimitris Papanikolaou and Noah Stoffman
Massachusetts Institute of Technology (MIT) - Sloan School of Management, Northwestern University - Kellogg School of Management - Department of Finance and Indiana University - Kelley School of Business - Department of Finance
Downloads 23 (627,262)

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6.

Organization Capital and the Cross-Section of Expected Returns

Journal of Finance, Forthcoming
Number of pages: 53 Posted: 14 Mar 2009 Last Revised: 20 Mar 2013
Andrea L. Eisfeldt and Dimitris Papanikolaou
Downloads 645 (50,576)
Citation 118

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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 (62,534)
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 89 (350,100)
Citation 7

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8.

Adverse Selection, Slow Moving Capital and Misallocation

Journal of Financial Economics (JFE)
Number of pages: 57 Posted: 09 Oct 2013 Last Revised: 26 Mar 2021
William Fuchs, Brett Green and Dimitris Papanikolaou
University of Texas at Austin - Department of Finance, Washington University in St. Louis - John M. Olin Business School and Northwestern University - Kellogg School of Management - Department of Finance
Downloads 501 (69,595)
Citation 12

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Misallocation, Adverse Selection, General Equilibrium, Convex Adjustment Costs

9.

Sources of Systematic Risk

Number of pages: 37 Posted: 17 Mar 2008 Last Revised: 14 Aug 2010
Igor Makarov and Dimitris Papanikolaou
London School of Economics & Political Science (LSE) and Northwestern University - Kellogg School of Management - Department of Finance
Downloads 479 (73,509)
Citation 5

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Factor analysis, identification, heteroscedasticity

10.

Investment, Idiosyncratic Risk, and Ownership

Journal of Finance, Vol. 67, No. 3, 2012
Number of pages: 52 Posted: 24 Dec 2008 Last Revised: 20 Mar 2013
Dimitris Papanikolaou and Vasia Panousi
Northwestern University - Kellogg School of Management - Department of Finance and University of Montreal, Department of Economics
Downloads 456 (78,055)
Citation 32

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Investment, idiosyncratic risk, managerial ownership

11.

Investment Shocks and Asset Prices

Number of pages: 47 Posted: 21 Nov 2006 Last Revised: 11 Jul 2011
Dimitris Papanikolaou
Downloads 455 (78,248)
Citation 58

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investment-specifc shocks, general equilibrium, asset pricing, cross-sectional tests, real investment opportunity set

Firm Characteristics and Stock Returns: The Role of Investment-Specific Shocks

Number of pages: 66 Posted: 10 Apr 2012 Last Revised: 09 Nov 2018
Leonid Kogan and Dimitris Papanikolaou
Massachusetts Institute of Technology (MIT) - Sloan School of Management and Northwestern University - Kellogg School of Management - Department of Finance
Downloads 398 (90,693)
Citation 28

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stock returns, investment, firm characteristics, predictability, value premium

A Theory of Firm Characteristics and Stock Returns: The Role of Investment-Specific Shocks

NBER Working Paper No. w17975
Number of pages: 69 Posted: 06 Apr 2012 Last Revised: 12 Feb 2021
Leonid Kogan and Dimitris Papanikolaou
Massachusetts Institute of Technology (MIT) - Sloan School of Management and Northwestern University - Kellogg School of Management - Department of Finance
Downloads 25 (612,651)

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13.

Growth Opportunities, Technology Shocks and Asset Prices

Journal of Finance, Forthcoming
Number of pages: 52 Posted: 14 Mar 2009 Last Revised: 20 Mar 2013
Leonid Kogan and Dimitris Papanikolaou
Massachusetts Institute of Technology (MIT) - Sloan School of Management and Northwestern University - Kellogg School of Management - Department of Finance
Downloads 367 (100,418)
Citation 2

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14.

Financial Relationships and the Limits to Arbitrage

Number of pages: 43 Posted: 26 Jul 2005
Jiro E. Kondo and Dimitris Papanikolaou
Massachusetts Institute of Technology (MIT) - Sloan School of Management and Northwestern University - Kellogg School of Management - Department of Finance
Downloads 307 (122,200)
Citation 4

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Limits to arbitrage, inefficient markets, financial relationships

15.
Downloads 298 (126,159)
Citation 13

Developing Novel Drugs

Number of pages: 124 Posted: 05 Jan 2018 Last Revised: 27 Apr 2020
Joshua Krieger, Danielle Li and Dimitris Papanikolaou
Harvard University - Business School (HBS), Massachusetts Institute of Technology (MIT) and Northwestern University - Kellogg School of Management - Department of Finance
Downloads 213 (175,832)
Citation 8

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Drug Development, Innovation, Research & Development

Missing Novelty in Drug Development

NBER Working Paper No. w24595
Number of pages: 115 Posted: 16 May 2018 Last Revised: 20 Jun 2021
Joshua Krieger, Danielle Li and Dimitris Papanikolaou
Harvard University - Business School (HBS), Massachusetts Institute of Technology (MIT) - Sloan School of Management and Northwestern University - Kellogg School of Management - Department of Finance
Downloads 85 (360,368)
Citation 3

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16.
Downloads 285 (132,237)
Citation 11

Long-Run Bulls and Bears

Journal of Monetary Economics, 76, S21-S36, 2015.
Number of pages: 38 Posted: 30 Dec 2014 Last Revised: 10 Feb 2017
Downloads 257 (146,451)

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Stock market returns

Long-Run Bulls and Bears

NBER Working Paper No. w20858
Number of pages: 39 Posted: 20 Jan 2015 Last Revised: 30 Jun 2021
Downloads 27 (598,679)

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Long-Run Bulls and Bears

CEPR Discussion Paper No. DP10351
Number of pages: 39 Posted: 23 Jan 2015
Downloads 1 (814,463)
Citation 5
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stock market returns

17.

Technological Change and Occupations over the Long Run

Number of pages: 60 Posted: 06 May 2020 Last Revised: 12 May 2020
Leonid Kogan, Dimitris Papanikolaou, Lawrence Schmidt and Bryan Seegmiller
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 171 (214,494)

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In Search of Ideas: Technological Innovation and Executive Pay Inequality

Sloan Foundation Economics Research Paper, Journal of Financial Economics (JFE), Forthcoming
Number of pages: 51 Posted: 06 Feb 2017
Carola Frydman and Dimitris Papanikolaou
Downloads 143 (249,572)

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inequality, technology, executive compensation

In Search of Ideas: Technological Innovation and Executive Pay Inequality

NBER Working Paper No. w21795
Number of pages: 62 Posted: 14 Dec 2015 Last Revised: 22 Jul 2021
Carola Frydman and Dimitris Papanikolaou
Downloads 8 (747,332)
Citation 2

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Technological Innovation and Labor Income Risk

Number of pages: 98 Posted: 25 Jun 2020 Last Revised: 08 Jul 2021
Leonid Kogan, Dimitris Papanikolaou, Lawrence Schmidt and Jae Song
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 (305,909)

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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 (680,819)

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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
Leonid Kogan, Dimitris Papanikolaou, Lawrence Schmidt and Jae Song
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 (790,337)
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20.

The Value and Ownership of Intangible Capital

American Economic Review, Vol. 104, No. 5, 2014
Number of pages: 8 Posted: 07 Oct 2018
Andrea L. Eisfeldt and Dimitris Papanikolaou
Downloads 98 (326,650)
Citation 19

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21.

Growth Opportunities, Technology Shocks, and Asset Prices

NBER Working Paper No. w17795
Number of pages: 57 Posted: 27 Jan 2012
Leonid Kogan and Dimitris Papanikolaou
Massachusetts Institute of Technology (MIT) - Sloan School of Management and Northwestern University - Kellogg School of Management - Department of Finance
Downloads 40 (512,801)
Citation 19

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23.

Private and Social Returns to R&D: Drug Development and Demographics

NBER Working Paper No. w28355
Number of pages: 15 Posted: 19 Jan 2021 Last Revised: 24 Jun 2021
Efraim Benmelech, Janice Eberly, Joshua Krieger and Dimitris Papanikolaou
Downloads 5 (741,685)
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24.

Technological Innovation, Intangible Capital, and Asset Prices

Annual Review of Financial Economics, Vol. 11, pp. 221-242, 2019
Posted: 12 Jan 2020
Leonid Kogan and Dimitris Papanikolaou
Massachusetts Institute of Technology (MIT) - Sloan School of Management and Northwestern University - Kellogg School of Management - Department of Finance

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25.

Economic Activity of Firms and Asset Prices

Annual Review of Financial Economics, Vol. 4, pp. 361-384, 2012
Posted: 04 Nov 2012
Leonid Kogan and Dimitris Papanikolaou
Massachusetts Institute of Technology (MIT) - Sloan School of Management and Northwestern University - Kellogg School of Management - Department of Finance

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