Borja Larrain

Assistant Professor
Pontificia Universidad Catolica de Chile

Business School

• Current CV

Publications

• Stock Market Development and Cross-Country Differences in Relative Prices Forthcoming in the Review of Economics and Statistics.

[Appendix]

• Do IPOs Affect the Prices of Other Stocks? Evidence from Emerging Markets (with Matias Braun) Review of Financial Studies 22 (2009), p. 1505-1544.
• Does Firm Value Move Too Much to be Justified by Subsequent Changes in Cash Flow? (with Motohiro Yogo) Journal of Financial Economics 87 (2008), p. 200-226.

[Data]

• Do Banks Affect the Level and Composition of Industrial Volatility? Journal of Finance 61 (2006), p. 1897-1925.
• Finance and the Business Cycle: International, Inter-Industry Evidence (with Matias Braun) Journal of Finance 60 (2005), p. 1097-1128.

Working Papers

• What Moves Investment? (with Long Chen and Zhi Da) February 2010.
• World Betas, Financial Integration, and Consumption Growth October 2008.
• Equity Issues, Market Timing, and Limits to Arbitrage March 2008.