Working Papers

A Century of Capital Structure: The Leveraging of Corporate America (with John Graham and Michael Roberts)

Do Investors Value Dividend Smoothing Stocks Differently? (with Yelena Larkin and Roni Michaely)

Financial Crowding Out (with John Graham and Michael Roberts)


Do Peer Firms Affect Corporate Financial Policy? (with Michael Roberts), Journal of Finance, forthcoming.

A Review of Empirical Capital Structure Research and Directions for the Future (with John Graham), Annual Review of Financial Economics 3, 2011.

Determinants of Dividend Smoothing: Empirical Evidence (with Roni Michaely), Review of Financial Studies, October 2011.

The Pecking Order, Debt Capacity, and Information Asymmetry (with Michael Roberts), Journal of Financial Economics, March 2010.

Bank Loan Supply, Lender Choice, and Corporate Capital Structure Journal of Finance, June 2009.

Do Firms Rebalance their Capital Structures? (with Michael Roberts), Journal of Finance, December 2005