NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

NBER Working Papers by David S. Scharfstein

Contact and additional information for this authorAll NBER papers and publicationsNBER Working Papers onlyInformation about this author at RePEc

Working Papers

June 2013Concentration in Mortgage Lending, Refinancing Activity and Mortgage Rates
with Adi Sunderam: w19156
November 2012Dollar Funding and the Lending Behavior of Global Banks
with Victoria Ivashina, Jeremy C. Stein: w18528
October 2006Skill vs. Luck in Entrepreneurship and Venture Capital: Evidence from Serial Entrepreneurs
with Paul Gompers, Anna Kovner, Josh Lerner: w12592

Published: Gompers, Paul, Anna Kovner, Josh Lerner, and David Scharfstein. “Performance Persistence in Entrepreneurship." Journal of Financial Economics 96 (2010): 18-32. Earlier version distributed as National Bureau of Economic Research Working Paper No. 12592 and Harvard Business School Working Paper No. 09-028. (Earlier Name: “Skill vs. Luck in Entrepreneurship and Venture Capital: Evidence from Serial Entrepreneurs.”)

May 2005Venture Capital Investment Cycles: The Impact of Public Markets
with Paul Gompers, Anna Kovner, Josh Lerner: w11385

Published: Gompers, Paul & Kovner, Anna & Lerner, Josh & Scharfstein, David, 2008. "Venture capital investment cycles: The impact of public markets," Journal of Financial Economics, Elsevier, vol. 87(1), pages 1-23, January. citation courtesy of

November 2004Organizational Scope and Investment: Evidence from the Drug Development Strategies and Performance of Biopharmaceutical Firms
with Ilan Guedj: w10933
July 2003Entrepreneurial Spawning: Public Corporations and the Genesis of New Ventures, 1986-1999
with Paul Gompers, Josh Lerner: w9816

Published:

  • Gompers, Paul, Josh Lerner and David Scharfstein. "Entrepreneurial Spawning: Public Corporations and the Formation of New Ventures, 1986-1999." Journal of Finance 60, 2 (April 2005): 577-614.
  • Auerswald, Philip E. and Ant Bozkaya (eds.) Financing Entrepreneurship. Cheltenham, United Kingdom: Edward Elgar, 2008.

June 2002Entrepreneurship in Equilibrium
with Denis Gromb: w9001
April 1998Managed Care Provider Volume
with Sarah Feldman: w6523

Published: The Changing Hospital Industry: Comparing Not-for-Profit and For-Profit Institutions, Cutler, David M., pp. 229-248, (Chicago: The University ogo, 2000).

January 1998The Dark Side of Internal Capital Markets II: Evidence from Diversified Conglomerates
w6352

Published: Scharfstein, David S. and Jeremy C. Stein. "The Dark Side Of Internal Capital Markets: Divisional Rent-Seeking And Inefficient Investment," Journal of Finance, 2000, v55(6,Dec), 2537-2564.

March 1997The Dark Side of Internal Capital Markets: Divisional Rent-Seeking and Inefficient Investment
with Jeremy C. Stein: w5969

Published: Scharfstein, David S. and Jeremy C. Stein. "The Dark Side Of Internal Capital Markets: Divisional Rent-Seeking And Inefficient Investment," Journal of Finance, 2000, v55(6,Dec), 2537-2564. citation courtesy of

June 1994Internal versus External Capital Markets
with Robert H. Gertner, Jeremy C. Stein: w4776

Published: Quarterly Journal of Economics, vol CIX, pp 1211-1230, Nov 1994 citation courtesy of

January 1994Capital Market Imperfections and Countercyclical Markups: Theory and Evidence
with Judith A. Chevalier: w4614

Published: American Economic Review, Vol.86, No.4, September,1996. citation courtesy of

August 1993The Choice Between Public and Private Debt: An Analysis of Post-Deregulation Corporate Financing in Japan
with Takeo Hoshi, Anil Kashyap: w4421
May 1992Risk Management: Coordinating Corporate Investment and Financing Policies
with Kenneth A. Froot, Jeremy C. Stein: w4084

Published:

  • Journal of Finance, December 1993, vol 48, 1629-1658 citation courtesy of
  • The Theory of Corporate Finance, M.J. Brennan, from the series The International Library of Critical Writings in Financial Economcics, R. Roll, editor, 1995.

December 1991Anatomy of Financial Distress: An Examination of Junk-Bond Issuers
with Paul Asquith, Robert Gertner: w3942

Published: Quarterly Journal of Economics, Vol. 109, no. 3 (1994): 625-658. citation courtesy of

May 1991A Theory of Workouts and the Effects of Reorganization Law
with Robert Gertner: t0103

Published: Journal of Finance, Vol. 46, No. 4., pp. 1189-1222 September 1991

September 1990The Role of Banks in Reducing the Costs of Financial Distress in Japan
with Takeo Hoshi, Anil Kashyap: w3435

Published: Journal of Financial Economics Volume 27 1990, pp. 67-88 September 1990 citation courtesy of

March 1990LDC Debt: Forgiveness, Indexation, and Investment Incentives
with Kenneth A. Froot, Jeremy C. Stein: w2541

Published: "LDC Debt: Forgiveness, Indexation, and Investment Incentives." From Journal of Finance, Vol. 44, No. 5, pp. 1335-1350, (December 1989). citation courtesy of

February 1990Herd on the Street: Informational Inefficiencies in a Market with Short-Term Speculation
with Kenneth A. Froot, Jeremy C. Stein: w3250

Published: Journal of Finance, Vol. 47, pp. 1461-84 September 1992 citation courtesy of

August 1989Bank Monitoring and Investment: Evidence from the Changing Structure of Japanese Corporate Banking Relationships
with Takeo Hoshi, Anil Kashyap: w3079

Published:

Contact and additional information for this authorAll NBER papers and publicationsNBER Working Papers onlyInformation about this author at RePEc

 
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