Publications

Baugh, Brian, Itzhak Ben-David, Hoonsuk Park, and Jonathan Parker, Asymmetric Consumption Smoothing, American Economic Review, forthcoming.

Ben-David, Itzhak, Francesco Franzoni, Rabih Moussawi, and John Sedunov, The Granular Nature of Large Institutional Investors, Management Science, forthcoming.

Ben-David, Itzhak, and Marieke Bos, Impulsive Consumption and Financial Wellbeing: Evidence from an Increase in the Availability of Alcohol, Review of Financial Studies, forthcoming.

Ben-David, Itzhak, Simple and Intuitive Business Practices in Financial Economics, In the Oxford Research Encyclopedia of Economics and Finance, Oxford University Press, doi: 10.1093/acrefore/9780190625979.013.626, forthcoming.

Beauchaine, Theodore P., Itzhak Ben-David, and Marieke Bos, 2020, ADHD, Financial Distress, and Suicide in Adulthood: A Population Study, Science Advances 6 (40), eaba1551.

Agarwal, Sumit, Gene Amromin, Itzhak Ben-David, Souphala Chomsisengphet, and Douglas Evanoff, 2020, Financial Education versus Costly Counseling: How to Dissuade Borrowers from Choosing Risky Mortgages?, American Economic Journal: Economic Policy 12 (1), 1–32, Lead Article.

  • Media: Chicago Sun-Times, New Republic, Columbus Dispatch
  • Awards:
    • Grant award from FDIC
    • Paolo Baffi Fellowship from Bocconi University
    • Award from Networks Financial Institute: Significant and innovative research on financial services (honorable mention award)

Ben-David, Itzhak, Francesco Franzoni, and Rabih Moussawi, 2019, An Improved Method to Predict Assignment of Stocks into Russell Indexes, Journal of Finance: Replications and Corrigenda (web-only: https://doi.org/10.37214/jofweb.1/)

Ben-David, Itzhak, 2019, High Leverage and Willingness to Pay: Evidence from the Residential Housing Market, Real Estate Economics 47 (3), 643–684.

Agarwal, Sumit, Gene Amromin, Itzhak Ben-David, Souphala Chomsisengphet, and Yan Zhang, 2019, Holdup by Junior Claimholders: Evidence from the Mortgage Market, Journal of Financial and Quantitative Analysis 54 (1), 247–274.

Ben-David, Itzhak, Justin Birru, and Andrea Rossi, 2019, Industry Familiarity and Trading: Evidence from the Personal Portfolios of Industry Insiders, Journal of Financial Economics 132, 49–75.

Agarwal, Sumit, Gene Amromin, Itzhak Ben-David, Souphala Chomsisengphet, and Douglas Evanoff, 2019, Mitigating Investor Losses due to Mortgage Defaults: Lessons from Global Financial Crisis, in Franklin Allen, Ester Faia, Michalis Haliassos, Katja Langenbucher, eds., Capital Markets Union and Beyond, MIT Press.

Ben-David, Itzhak, Francesco Franzoni, and Rabih Moussawi, 2018, Do ETFs Increase Volatility?Journal of Finance 73 (6), 2471–2535, Lead Article.

Ben-David, Itzhak, Justin Birru, and Viktor Prokopenya, 2018, Uninformative Feedback and Risk Taking, Review of Finance 22 (6), 2009–2036.

Agarwal, Sumit, Gene Amromin, Itzhak Ben-David, and Serdar Dinc, 2018, The Politics of ForeclosuresJournal of Finance 73 (6), 2677–2717.

Agarwal, Sumit, and Itzhak Ben-David, 2018, Loan Prospecting and the Loss of Soft Information, Journal of Financial Economics 129 (3), 608–628.

Baugh, Brian, Itzhak Ben-David, and Hoonsuk Park, 2018, Can Taxes Shape an Industry? Evidence from the Implementation of the “Amazon Tax”, Journal of Finance 73 (4), 1819–1855.

Ben-David, Itzhak, Francesco Franzoni, and Rabih Moussawi, 2017, Exchange Traded FundsAnnual Review of Financial Economics 9, 165–185.

Ben-David, Itzhak, Ajay Palvia, and Chester Spatt, 2017, Banks’ Internal Capital Markets and Deposit Rates, Journal of Financial and Quantitative Analysis 52 (5), 1797–1826.

  • Grant award from GARP Foundation

Agarwal, Sumit, Gene Amromin, Itzhak Ben-David, Souphala Chomsisengphet, Tomasz Piskorski, and Amit Seru, 2017, Policy Intervention in Debt Renegotiation: Evidence from the Home Affordable Modification Program, Journal of Political Economy 125 (3), 654–712.

Beauchaine, Theodore P., Itzhak Ben-David, and Aner Sela, 2017, Attention-Deficit/Hyperactivity Disorder, Delay Discounting, and Risky Financial Behaviors: A Preliminary Analysis of Self-report Data, PLoS One 12 (5), e0176933.

Agarwal, Sumit, Itzhak Ben-David, and Vincent Yao, 2017, Systematic Mistakes of Borrowers in the Mortgage Market and Lack of Financial Sophistication, Journal of Financial Economics 123 (1), 42–58.

Agarwal, Sumit, Itzhak Ben-David, and Vincent Yao, 2015, Collateral Valuation and Institutional Pressures: Evidence from the Residential Real-Estate Market, Management Science 61 (9), 2220–2240.

Ben-David, Itzhak, Michael Drake, and Darren Roulstone, 2015, Acquirer Valuation and Acquisition Decisions: Identifying Mispricing Using Short Interest, Journal of Financial and Quantitative Analysis 50 (1–2), 1–32, Lead Article.

Agarwal, Sumit, Gene Amromin, Itzhak Ben-David, Souphala Chomsisengphet, and Douglas Evanoff, 2015, Financial Literacy and Financial Planning: Evidence from India, Journal of Housing Economics 27, 4–21.

Agarwal, Sumit, Gene Amromin, Itzhak Ben-David, Souphala Chomsisengphet, and Douglas Evanoff, 2014, Predatory Lending and the Subprime Crisis, Journal of Financial Economics 113, 29–52.

Ben-David, Itzhak, John R. Graham, Campbell R. Harvey, 2013, Managerial Miscalibration, Quarterly Journal of Economics 128 (4), 1547–1584.

Ben-David, Itzhak, Francesco Franzoni, Augustin Landier, and Rabih Moussawi, 2013, Do Hedge Funds Manipulate Stock Prices? Journal of Finance 68 (6), 2383–2434.

Ben-David, Itzhak, and David Hirshleifer, 2012, Are Investors Really Reluctant to Realize their Losses? Trading Responses to Past Returns and the Disposition Effect, Review of Financial Studies 25 (8), 2485–2532.

Ben-David, Itzhak, Francesco Franzoni, and Rabih Moussawi, 2012, Hedge Fund Stock Trading during the Financial Crisis of 2007-2009, Review of Financial Studies 25 (1), 1–54, Lead Article.

Agarwal, Sumit, Gene Amromin, Itzhak Ben-David, Souphala Chomsisengphet, and Douglas Evanoff, 2011, The Role of Securitization in Mortgage Renegotiation, Journal of Financial Economics 102 (3), 559–578.

Ben-David, Itzhak, 2011, Financial Constraints and Inflated Home Prices during the Real-Estate Boom, American Economic Journal: Applied Economics 3 (3), 55–87.

Agarwal, Sumit, Gene Amromin, Itzhak Ben-David, Souphala Chomsisengphet, and Douglas Evanoff, 2011, Financial Counseling, Financial Literacy, and Household Decision Making, in Mitchell, O., and A. Lusardi (eds.), Financial Literacy: Implications for Retirement Security and the Financial Marketplace, Oxford, UK: Oxford University Press.

Agarwal, Sumit, Gene Amromin, Itzhak Ben-David, Souphala Chomsisengphet, and Douglas Evanoff, 2010, Learning to Cope: Voluntary Financial Education Programs and the Housing Crisis, American Economic Review – Papers and Proceedings 100 (2), 495–500.

Ben-David, Itzhak, 2010, Dividend Policy Decisions, in H. Kent Baker and John R. Nofsinger (eds.), Behavioral Finance (Robert W. Kolb Series in Finance), John Wiley & Sons, Inc., New Jersey.

Ben-David, Itzhak, and Jim Schallheim, 2007, The Response to Customer Default: Captive Versus Non-captive Lessors, Journal of Equipment Lease Financing 25 (1), 1-6.

  • Awarded Equipment Leasing and Finance Foundation research grant, 2006

Ben-David, Itzhak, 2005, Company Performance and Leased Assets in Sale-and-Leaseback Transactions, Journal of Equipment Lease Financing 23 (2), 1-8.

  • Awarded Equipment Leasing and Finance Foundation research grant, 2005

Ben-David, Itzhak, and Tzvi Raz, 2001, An Integrated Approach for Risk Response Development in Project Planning, Journal of Operational Research Society 52, 14-25.