Selected Bibliography for Robert W. Vishny

Myron S. Scholes Distinguished Service Professor of Finance

Published Works

"Corporate Finance." Robert Vishny and Luigi Zingales; Journal of Political Economy, 2017, 125(6), pp. 1805-12.

"Money Doctors." Nicola Gennaioli, Andrei Shleifer and Robert Vishny; The Journal of Finance, 2015, 70(1), pp. 91-114.

"Neglected Risks: The Psychology of Financial Crises." Nicola Gennaioli, Andrei Shleifer and Robert Vishny; American Economic Review, 2015, 105(5), pp. 310-14.

"Banks as Patient Fixed-Income Investors." Samuel G. Hanson, Andrei Shleifer, Jeremy C. Stein and Robert W. Vishny; Journal of Financial Economics, 2015, 117(3), pp. 449-69.

"Finance and the Preservation of Wealth." Nicola Gennaioli, Andrei Shleifer and Robert Vishny; The Quarterly Journal of Economics, 2014, 129(3), pp. 1221-54.

"A Model of Shadow Banking." Nicola Gennaioli, Andrei Shleifer and Robert W. Vishny; The Journal of Finance, 2013, 68(4), pp. 1331-63.

"Neglected Risks, Financial Innovation, and Financial Fragility." Nicola Gennaioli, Andrei Shleifer and Robert Vishny; Journal of Financial Economics, 2012, 104(3), pp. 452-68.

"Fire Sales in Finance and Macroeconomics." Andrei Shleifer and Robert Vishny; Journal of Economic Perspectives, 2011, 25(1), pp. 29-48.

"Unstable Banking." Andrei Shleifer and Robert W. Vishny; Journal of Financial Economics, 2010, 97(3), pp. 306-18.

"Asset Fire Sales and Credit Easing." Andrei Shleifer and Robert W. Vishny; American Economic Review, 2010, 100(2), pp. 46-50.

"Investor Protection and Corporate Governance," Rafael La Porta, Florencio Lopez-de-Silanes, Andrei Shleifer and Robert Vishny, in Corporate Governance and Corporate Finance: A European Perspective. R. A. I. van Frederikslust, J. S. Ang and P. S. Sudarsanam, London and New York: Taylor and Francis, Routledge, 2008, pp. 91-110.

"Stock Market Driven Acquisitions." Andrei Shleifer and Robert W. Vishny; Journal of Financial Economics, 2003, 70(3), pp. 295-311.

"Alternative Mechanisms for Corporate Control," Randall Morck, Andrei Shleifer and Robert W. Vishny, in Empirical Corporate Finance. M. J. Brennan, Cheltenham, U.K. and Northampton, Mass.: Elgar, 2001, pp. 187-97.

"Agency Problems and Dividend Policies around the World." Rafael La Porta, Florencio Lopez-de-Silanes, Andrei Shleifer and Robert W. Vishny; Journal of Finance, 2000, 55(1), pp. 1-33.

"A Model of Investor Sentiment." Nicholas Barberis, Andrei Shleifer and Robert Vishny; Journal of Financial Economics, 1998, 49(3), pp. 307-43.

"Corporate Finance. ." Robert W. Vishny; NBER Reporter, 1998, Summer, pp. 1.

"Law and Finance." Rafael La Porta, Florencio Lopez de Silanes, Andrei Shleifer and Robert W. Vishny; Journal of Political Economy, 1998, 106(6), pp. 1113.

The Grabbing Hand: Government Pathologies and Their Cures Andrei Shleifer and Robert W. Vishny; Cambridge and London: Harvard University Press, 1998.

"The Proper Scope of Government: Theory and an Application to Prisons." Oliver Hart, Andrei Shleifer and Robert W. Vishny; Quarterly Journal of Economics, 1997, 112(4), pp. 1127-61.

"Privatization in the United States." Florencio Lopez-de-Silanes, Andrei Shleifer and Robert W. Vishny; The Rand Journal of Economics, 1997, 28(3), pp. 447-71.

"Legal Determinants of External Finance." Rafael La Porta, Florencio Lopez-De-Silanes, Andrei Shleifer and Robert W. Vishny; Journal of Finance, 1997, 52(3), pp. 1131-50.

"Good News for Value Stocks: Further Evidence on Market Efficiency." Rafael La Porta, Josef Lakonishok, Andrei Shleifer and Robert W. Vishny; Journal of Finance, 1997, 52(2), pp. 859-74.

"A Survey of Corporate Governance." Andrei Shleifer and Robert W. Vishny; Journal of Finance, 1997, 52(2), pp. 737-83.

"Trust in Large Organizations." Rafael La Porta, Florencio Lopez-de-Silanes, Andrei Shleifer and Robert W. Vishny; American Economic Review, 1997, 87(2), pp. 333-38.

"The Limits of Arbitrage." Andrei Shleifer and Robert W. Vishny; Journal of Finance, 1997, 52(1), pp. 35-55.

"Second-Best Economic Policy for a Divided Government." Maxim Boycko, Andrei Shleifer and Robert W. Vishny; European Economic Review, 1996, 40(3-5), pp. 767-74.

"Toward a Theory of Legal Reform." Jonathan R. Hay, Andrei Shleifer and Robert W. Vishny; European Economic Review, 1996, 40(3-5), pp. 559-67.

"Review of 'How Russia Became a Market Economy '." Robert W. Vishny; Journal of Economic Literature, 1996, 34(3), pp. 1388-89.

"A Theory of Privatisation." Maxim Boycko, Andrei Shleifer and Robert W. Vishny; Economic Journal, 1996, 106(435), pp. 309-19.

"Contrarian Investment." Andrei Shleifer and Robert W. Vishny; NBER Reporter, 1995, Spring, pp. 12-13.

Privatizing Russia Maxim Boycko, Andrei Shleifer and Robert W. Vishny; Cambridge, Mass.: MIT Press, 1995.

"Corporate Finance." Robert W. Vishny; NBER Reporter, 1994, Winter, pp. 1.

"The Progress of Russian Privatization," Maxim Boycko, Andrei Shleifer and Robert W. Vishny, in Economic Transformation in Russia. A. Aslund, New York: St. Martin's Press, 1994, pp. 101-10.

"Privatization in Russia: First Steps," Andrei Shleifer and Robert W. Vishny, in The Transition in Eastern Europe. O. J. Blanchard, K. A. Froot and J. D. Sachs, Chicago and London: University of Chicago Press, 1994, pp. 137-60.

"Voucher Privatization." Maxim Boycko, Andrei Shleifer and Robert W. Vishny; Journal of Financial Economics, 1994, 35(2), pp. 249-66.

"Contrarian Investment, Extrapolation, and Risk." Josef Lakonishok, Andrei Shleifer and Robert W. Vishny; Journal of Finance, 1994, 49(5), pp. 1541-78.

"Politicians and Firms." Andrei Shleifer and Robert W. Vishny; Quarterly Journal of Economics, 1994, 109(4), pp. 995-1025.

"The Politics of Market Socialism." Andrei Shleifer and Robert W. Vishny; Journal of Economic Perspectives, 1994, 8(2), pp. 165-76.

"Corruption." Andrei Shleifer and Robert W. Vishny; Quarterly Journal of Economics, 1993, 108(3), pp. 599-617.

"Why Is Rent-Seeking So Costly to Growth?" Kevin M. Murphy, Andrei Shleifer and Robert W. Vishny; American Economic Review, 1993, 83(2), pp. 409-14.

"Privatizing Russia." Maxim Boycko, Andrei Shleifer, Robert W. Vishny, Stanley Fischer and Jeffrey D. Sachs; Brookings Papers on Economic Activity, 1993, 1993(2), pp. 139-92.

"The Impact of Institutional Trading on Stock Prices." Josef Lakonishok, Andrei Shleifer and Robert W. Vishny; Journal of Financial Economics, 1992, 32(1), pp. 23-43.

"Liquidation Values and Debt Capacity: A Market Equilibrium Approach." Andrei Shleifer and Robert W. Vishny; Journal of Finance, 1992, 47(4), pp. 1343-66.

"The Transition to a Market Economy: Pitfalls of Partial Reform." Kevin M. Murphy, Andrei Shleifer and Robert W. Vishny; Quarterly Journal of Economics, 1992, 107(3), pp. 889-906.

"Pervasive Shortages under Socialism." Andrei Shleifer and Robert W. Vishny; The Rand Journal of Economics, 1992, 23(2), pp. 237-46.

"The Structure and Performance of the Money Management Industry." Josef Lakonishok, Andrei Shleifer, Robert W. Vishny, Oliver Hart and George L. Perry; Brookings Papers on Economic Activity. Microeconomics, 1992, 1992, pp. 339-91.

"The Takeover Wave of the 1980s." Andre Shleifer and Robert W. Vishny; Journal of Applied Corporate Finance, 1991, 4(3), pp. 49-56.

"Privatization in Eastern Europe: Incentives and the Economics of Transition: Comment." Robert W. Vishny; NBER Macroeconomics Annual, 1991, 6(1991), pp. 262-66.

"Takeovers in the '60s and the '80s: Evidence and Implications." Andrei Shleifer and Robert W. Vishny; Strategic Management Journal, 1991, 12(Special Issue), pp. 51-59.

"The Allocation of Talent: Implications for Growth." Kevin M. Murphy, Andrei Shleifer and Robert W. Vishny; Quarterly Journal of Economics, 1991, 106(2), pp. 503-30.

"Window Dressing by Pension Fund Managers." Josef Lakonishok, Andrei Shleifer, Richard Thaler and Robert W. Vishny; American Economic Review, 1991, 81(2), pp. 227-31.

"Reversing the Soviet Economic Collapse." Andrei Shleifer and Robert W. Vishny; Brookings Papers on Economic Activity, 1991, 1991(2), pp. 341-60.

"The Takeover Wave of the 1980s." Andrei Shleifer and Robert W. Vishny; Science, 1990, 249(4970), pp. 745-49.

"Equilibrium Short Horizons of Investors and Firms." Andrei Shleifer and Robert W. Vishny; American Economic Review, 1990, 80(2), pp. 148-53.

"Do Managerial Objectives Drive Bad Acquisitions?" Randall Morck, Andrei Shleifer and Robert W. Vishny; Journal of Finance, 1990, 45(1), pp. 31-48.

"Hostile Takeovers in the 1980s: The Return to Corporate Specialization." Sanjai Bhagat, Andrei Shleifer, Robert W. Vishny, Gregg Jarrel and Lawrence Summers; Brookings Papers on Economic Activity. Microeconomics, 1990, 1990, pp. 1-84.

"The Stock Market and Investment: Is the Market a Sideshow?" Randall Morck, Andrei Shleifer, Robert W. Vishny, Matthew Shapiro and James M. Poterba; Brookings Papers on Economic Activity, 1990, 1990(2), pp. 157-215.

"Building Blocks of Market Clearing Business Cycle Models." Kevin M. Murphy, Andrei Shleifer and Robert W. Vishny; NBER Macroeconomics Annual, 1989, pp. 247-87.

"Management Entrenchment: The Case of Manager-Specific Investments." Andrei Shleifer and Robert W. Vishny; Journal of Financial Economics, 1989, 25(1), pp. 123-39.

"Industrialization and the Big Push." Kevin M. Murphy, Andrei Shleifer and Robert W. Vishny; Journal of Political Economy, 1989, 97(5), pp. 1003-26.

"Alternative Mechanisms for Corporate Control." Randall Morck, Andrei Shleifer and Robert W. Vishny; American Economic Review, 1989, 79(4), pp. 842-52.

"Income Distribution, Market Size, and Industrialization." Kevin M. Murphy, Andrei Shleifer and Robert W. Vishny; Quarterly Journal of Economics, 1989, 104(3), pp. 537-64.

"Management Buyouts as a Response to Market Pressure," Andrei Shleifer and Robert W. Vishny, in Mergers and Acquisitions. A. J. Auerbach, Chicago and London: University of Chicago Press, 1988, pp. 87-102.

"Do Target Shareholders Lose in Unsuccessful Control Contests? Comment," Robert W. Vishny, in Corporate Takeovers: Causes and Consequences. A. J. Auerbach, Chicago and London: University of Chicago Press, 1988, pp. 153-55.

"Characteristics of Targets of Hostile and Friendly Takeovers," Randall Morck, Andrei Shleifer and Robert W. Vishny, in Corporate Takeovers: Causes and Consequences. A. J. Auerbach, National Bureau of Economic Research Project Report series Chicago and London: University of Chicago Press, 1988, pp. 101-29.

"Management Ownership and Market Valuation: An Empirical Analysis." Randall Morck, Andrei Shleifer and Robert W. Vishny; Journal of Financial Economics, 1988, 20, pp. 293-315.

"The Efficiency of Investment in the Presence of Aggregate Demand Spillovers." Andrei Shleifer and Robert W. Vishny; Journal of Political Economy, 1988, 96(6), pp. 1221-31.

"Value Maximization and the Acquisition Process." Andrei Shleifer and Robert W. Vishny; Journal of Economic Perspectives, 1988, 2(1), pp. 7-20.

"Greenmail, White Knights, and Shareholders' Interest." Andrei Shleifer and Robert W. Vishny; The Rand Journal of Economics, 1986, 17(3), pp. 293-309.

"Large Shareholders and Corporate Control." Andrei Shleifer and Robert W. Vishny; Journal of Political Economy, 1986, 94(3), pp. 461-88.

Informational Aspects of Securities Markets; Robert W. Vishny; PhD Dissertation, Massachusetts Institute of Technology, 1985.