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Jeffrey Wurgler

Research Professor of Finance
Faculty Research Fellow, NBER


Phone: (212) 998-0367
Fax : (212) 995-4233
Email:  jwurgler@stern.nyu.edu
Office: KMEC 9-76

44 West Fourth Street
Suite 9-190
New York, NY 10012-1126


Teaching

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Corporate Finance

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Behavioral Finance


Research

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Catering through nominal share prices, with Malcolm Baker and Robin Greenwood, Journal of Finance, forthcoming

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Investor sentiment in the stock market, with Malcolm Baker, Journal of Economic Perspectives, 2007

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The effect of dividends on consumption, with Malcolm Baker and Stefan Nagel, Brookings Papers on Economic Activity, forthcoming

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Behavioral Corporate Finance: A Survey, with Malcolm Baker and Richard S. Ruback, Handbook of Corporate Finance: Empirical Corporate Finance, 2007

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Can mutual fund managers pick stocks? Evidence from their trades prior to earnings announcements, with Malcolm Baker, Lubomir Litov, and Jessica Wachter, 2005

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Multinationals as arbitrageurs: The effect of valuations on foreign direct investment, with Malcolm Baker and C. Fritz Foley, Review of Financial Studies, forthcoming

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Predictive regressions based on managerial decision variables: Is there a small-sample bias?, with Malcolm Baker and Ryan Taliaferro, Journal of Finance, August 2006

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Investor sentiment and the cross-section of stock returns, with Malcolm Baker, Journal of Finance, August 2006

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Comovement, with Nicholas Barberis and Andrei Shleifer, Journal of Financial Economics, February 2005

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Appearing and Disappearing Dividends: The Link to Catering Incentives, with Malcolm Baker, Journal of Financial Economics, August 2004

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A Catering Theory of Dividends, with Malcolm Baker, Journal of Finance, June 2004

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When Does the Market Matter? Stock Prices and the Investment of Equity-Dependent Firms, with Malcolm Baker and Jeremy Stein, Quarterly Journal of Economics, August 2003

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The Maturity of Debt Issues and Predictable Variation in Bond Returns, with Malcolm Baker and Robin Marc Greenwood, Journal of Financial Economics, November 2003

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Does Arbitrage Flatten Demand Curves for Stocks?, with Ekaterina Zhuravskaya, Journal of Business, October 2002

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Market Timing and Capital Structure, with Malcolm Baker, Journal of Finance, February 2002

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Financial Markets and the Allocation of Capital, Journal of Financial Economics, October 2000

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The Equity Share in New Issues and Aggregate Stock Returns, with Malcolm Baker, Journal of Finance, October 2000


Data

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Investor sentiment data (annual and monthly), 1934-2005

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S&P 500 additions and deletions, 1976-2000

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Equity share in new issues, 1927-2004

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Long-term share in total debt issues, 1945-2004

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Industry investment - value added elasticity, 65 countries