RESEARCH INTERESTS

• Securitization and Financial Institution Management;

• Entrepreneurial Finance and Innovation;

• Earnings Management

My SSRN Page

PUBLICATIONS

• "Corporate Venture Capital, Value Creation, and Innovation,"  with Thomas J. Chemmanur, Boston College, and Xuan Tian, Indiana University, Forthcoming, the Review of Financial Studies

• "Financial Integration, Housing and Economic Volatility," with Philip E. Strahan, Boston College, Forthcoming, the Journal of Financial Economics.

• "The Role of Securitization in Bank Liquidity and Funding Management," 2011, the Journal of Financial Economics Vol. 100, pp. 663-684.

  ▫  An earlier version of this paper was distributed under the title “Does Securitization   Affect Bank Lending? Evidence from Bank Responses to Funding Shocks.”

  ▫  The paper utilized the loan liquidity index  that captures the depth of the securitization market for six categories of loans and spans from 1976 to 2008. I hope you find the index useful in your research.

• "Informed and Uninformed Investment in Housing: The Downside of Diversification," 2011, with Philip E. Strahan, Boston College,  Review of Financial Studies, Vol.24(5), pp. 1447-1480.

• "Securitization and the Declining Impact of Bank Finance on Loan Supply: Evidence from Mortgage Acceptance Rates," with Philip E. Strahan, Boston College,  2009, the Journal of Finance Vol. 64, pp. 861-889.

WORKING PAPERS

"Mortgage Companies and Regulatory Arbitrage," with Yuliya Demyanyk, Federal Reserve Bank of Cleveland.

under 3rd round review at the Journal of Finance;

Conference presentations: AFA 2014, FIRS 2013, AEA 2013, Rederal Reserve System Committee on Financial Structure and Regulation 2012.

"Exporting Liquidity: Bank Branching and Financial Integration," with Eric Gilje, Boston College, and Philip E. Strahan, Boston College.

revision requested by the Journal of Finance.

Conference Presentations: WFA 2014, FIRS 2014, Cavalcades 2014, Bank Structure and Competition Conference of the Federal Reserve Bank of Chicago 2014, NYU/NY Fed Financial Intermediation Conference 2014.

Featured in January 2014 NBER Digest.

"How Complexity Impacts Innovation," with Marc Lipson and Raul Chao, University of Virginia.

WORK IN PROGRESS

"The Anatomy of Consumer Behavior," with Yuliya Demyanyk, Federal Reserve Bank of Cleveland.

"FICO or FAKE-O," with Yuliya Demyanyk, Federal Reserve Bank of Cleveland.

 "(L)Easing the Way to Economic Growth," with Andrei Simonov, Michigan State University.

"Strategic Choice between Internal and External Innovation," with Andrei Simonov and William Grieser, Michigan State University.

PERMANENT WORKING PAPERS

"Accrual Anomaly and the Agency Cost of Overvalued Equity," with S.P. Kothari, MIT, and Valeri Nikolaev, University of Chicago.

"The Role of Venture Capital Backing in Initial Public Offerings: Certification, Screening, or Market Power?", with Thomas J. Chemmanur.

© by Elena Loutskina

Last changed: 05/12/14