MARTIN SCHNEIDER
Department
of Economics
Stanford University
579 Serra
Mall
phone
(650) 721-6320
CV (pdf) RESEARCH STATEMENT (pdf)
WORKING PAPERS
"Inflation as a Redistribution Shock: Effects on
Aggregates and Welfare"
(with Matthias
Doepke), new version 5/06.
"Inflation and the Price of Real Assets"
(with Monika
Piazzesi),
new version 2/08.
"Concentrated Ownership and Bailout Guarantees"
(with
Aaron
Tornell), new version 12/05.
"Borrowing Constraints in a
Dynamic Model of Bank Asset and Liability Management"
PUBLICATIONS
"Global Private Information in
International Equity Markets" (with Rui Albuquerque and Greg Bauer),
Journal
of Financial Economics, conditionally accepted.
Inflation
Illusion, Credit, and Asset Pricing’’ (with Monika
Piazzesi),
forthcoming
in John Y. Campbell (ed.) ”Asset
Prices and Monetary Policy”, 2008.
“Ambiguity, Information Quality and Asset Prices” (with Larry Epstein),
Journal
of Finance, 63(1), 197-228 (2008).
"Strategic Experimentation and
Disruptive Technological Change" (with Fabiano Schivardi),
Review of Economic Dynamics, 11(2), 386-412
(2008).
"Learning under Ambiguity"
(with Larry
Epstein),
Review
of Economic Studies, 74(4), 1275-1303 (2007). Supplementary
Appendix.
"Housing, Consumption and Asset Pricing" (with Monika
Piazzesi
and
Selale
Tuzel),
Journal of Financial Economics, 83(3), 531-569 (2007).
“International
Equity Flows: A Quantitative Equilibrium Approach” (with Rui Albuquerque and Greg Bauer)
Review of Economic Studies, 74(1): 1-30
(2007). Appendix.
Equilibrium Yield Curves” (with Monika Piazzesi)
NBER Macroeconomics Annual 2006, 389-442.
“Inflation and the
Redistribution of Nominal Wealth” (with
Matthias Doepke),
Journal of Political Economy, 114(6):
1069-1097 (2006). Technical Appendix.
"Aggregate
Implications of Wealth Redistribution: The Case of Inflation" (with Matthias Doepke),
Journal of the European Economic Association, 4(2-3),
493-502 (2006).
"Balance Sheet Effects, Bailout
Guarantees, and Financial Crises" (with Aaron Tornell),
Review of Economic Studies 71(3), 883-913 (2004).
"IID:
independently and indistinguishably distributed" (with Larry Epstein),
Journal of Economic Theory 113(1), 1-31 (2003).
"Recursive Multiple Priors" (with Larry Epstein),
Journal of Economic Theory 113(1), 32-50 (2003).
"Coordination
and Correlation in Markov Rational Belief Equilibria'' (with Mordecai Kurz),
Economic
Theory
8(3), 489-520 (1996).