Zobrazeno 1 - 10
of 146
pro vyhledávání: '"Erik Gilje"'
Publikováno v:
The Review of Financial Studies. 34:3935-3975
We study the effect of personal wealth on entrepreneurial decisions using data on mineral payments from Texas shale drilling to individuals throughout the United States. Large cash windfalls increase business formation by 0.8 to 2.1 percentage points
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::8c7f903afe09998ff95e316c8ce31690
https://doi.org/10.1093/rfs/hhab044
https://doi.org/10.1093/rfs/hhab044
Publikováno v:
Journal of Financial Economics. 137:152-178
We derive a measure that captures the extent to which common ownership shifts managers’ incentives to internalize externalities. A key feature of the measure is that it allows for the possibility that not all investors are attentive to whether a ma
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::33479148d7a519ba1a52faabfff2ccc5
https://doi.org/10.1016/j.jfineco.2019.12.006
https://doi.org/10.1016/j.jfineco.2019.12.006
Publikováno v:
The Journal of Finance. 75:1287-1325
This paper documents a previously unrecognized debt-related investment distortion. Using detailed project-level data for 69 firms in the oil and gas industry, we find that highly levered firms pull forward investment, completing projects early at the
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::b491764434e71c3be1865b0fdf4a1e4b
https://doi.org/10.1111/jofi.12884
https://doi.org/10.1111/jofi.12884
Autor:
Erik Gilje
Publikováno v:
Management Science. 65:1-18
I exploit exogenous changes in local credit supply from shale discoveries to identify where and when local access to finance is economically important for firms. I find that the real effects of a credit supply shock are linked to local lending market
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::4bdb6dea7aa76092ddb75c20ed34ba34
https://doi.org/10.1287/mnsc.2017.2818
https://doi.org/10.1287/mnsc.2017.2818
Autor:
Erik Gilje, Michael D. Wittry
We study how ownership structure, in particular public listing status, affects workplace safety and productivity tradeoffs. Theory offers competing hypotheses on how listing related frictions affect these tradeoffs. We exploit detailed asset-level da
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::79475714973fa324d48200bd365c2013
https://doi.org/10.3386/w28798
https://doi.org/10.3386/w28798
How do persistent cash flow shocks affect debt repayment across the distribution of households? Using individual data on natural gas shale royalty payments matched with credit bureau data for 215,639 consumers, we estimate that individuals repay 33 c
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::850fa2003a226cce2956b8187993e891
https://doi.org/10.3386/w27782
https://doi.org/10.3386/w27782
We examine how wealth windfalls affect self-employment decisions using data on cash payments from claims on Texas shale drilling to people throughout the United States. Individuals who receive large wealth shocks (greater than $50,000) have 51% highe
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::eb3780c3078e092781981c8479c3004c
https://doi.org/10.3386/w27452
https://doi.org/10.3386/w27452
Publikováno v:
SSRN Electronic Journal.
We study the effect of personal wealth on entrepreneurial decisions using data on mineral payments from Texas shale drilling to individuals throughout the United States. Large cash windfalls increase business formation by 0.8 to 2.1 percentage points
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::54d230ca21093f9d1b4c96c91d51d8a4
https://doi.org/10.2139/ssrn.3551576
https://doi.org/10.2139/ssrn.3551576