Amir Kermani

 

 

Home

|

Research

|

C.V.

|

Teaching

|

Discussions

|

Haas

 

 

 

 

Publications

Stock Market Returns and Consumption
(with Marco Di Maggio and Kaveh Majlesi), Journal of Finance, forthcoming.
In media: MarketWatch

How Quantitative Easing Works: Evidence on the Refinancing Channel
(with Marco Di Maggio and Christopher Palmer), Review of Economic Studies, 2020, 87(3), 1498-1528..
Data/Code
In media: VoxEU Forbes NBER Digest Interview with David Andolfatto

The Relevance of Broker Networks for Information Diffusion in the Stock Market
(with Marco Di Maggio, Francesco Franzoni and Carlo Sommavilla), Journal of Financial Economics, 2019, 134(2), 419-446.
In media: Bloomberg WSJ Institutional Investor Bloomberg Economist

Does Skin-in-the-Game Affect Security Performance?
(with Adam Ashcraft and Kunal Gooriah), Journal of Financial Economics, 2019, 134(2), 333-354.

Partial Deregulation and Competition: Effects on Risky Mortgage Origination
(with Marco Di Maggio and Sanket Korgaonkar), Management Science, 2019, 65(10), 4451-4949.
In media: Bloomberg

Interest Rate Pass-Through: Mortgage Rates, Household Consumption and Voluntary Deleveraging
(with M. Di Maggio, B. J. Keys, T. Piskorski, R. Ramcharan, A. Seru and V. Yao), American Economic Review, 2017, 107(11), 3550-3588.
(Note: this is a combined version of working papers Monetary Policy Pass-Through: Household Consumption and Voluntary Deleveraging by M. Di Maggio, A. Kermani and R. Ramcharan and Mortgage Rates, Household Balance Sheets, and the Real Economy by B. Keys, T. Piskorski, A. Seru, and V. Yao)
Code
In media: VoxEU

Credit Induced Boom and Bust
(with Marco Di Maggio), Review of Financial Studies, 2017, 30 (11): 3711-3758.

The Value of Trading Relations in Turbulent Times
(with Marco Di Maggio and Zhaogang Sang), Journal of Financial Economics, 2017, 124 (2), 266-284.
In media: VoxEU

The Value of Connections in Turbulent Times: Evidence from the United States
(with Daron Acemoglu, Simon Johnson, James Kwak and Todd Mitton), Journal of Financial Economics, 2016, 121(2), 368-391.
Data/Code
In media: VoxEU Slate  WSJ
  

Working Papers

The Determinants of Racial Disparities in Housing Returns
(with Francis Wong)

Two Tales of Debt
(with Yueran Ma)

Asset Specificity of Non-Financial Firms
(with Yueran Ma)

The Pass-Through of Uncertainty Shocks to Households
(with Marco Di Maggio, Rodney Ramcharan, Vincent Yao and Edison Yu)

The Importance of Unemployment Insurance as an Automatic Stabilizer
(with Marco Di Maggio), R&R at AEJ:Macro, updated May 2017.

Cheap Credit, Collateral and the Boom-Bust Cycle