Amit Seru

Associate Professor of Finance and Neubauer Faculty Fellow
University of Chicago
Booth School of Business
5807 South Woodlawn Avenue
Chicago, IL 60637
tel: 773.834.2767
e-mail: amit.seru@ChicagoBooth.edu

Research Interests

Intermediation and Regulation, Internal Organization of Firms and Performance Evaluation

Publications

Fund Manager Use Of Public Information: New Evidence On Managerial Skills (with Marcin Kacperczyk). Journal of Finance 62, 2007, 485-528. Lead Article. Nominated for 2007 Smith Breeden Award.

Affiliated Firms and Financial Support: Evidence From Indian Business Groups (with Radha Gopalan and Vikram Nanda). Journal of Financial Economics 86, 2007, 759-795.

Financial Regulation and Securitization: Evidence From Subprime Loans (with Benjamin Keys, Tanmoy Mukherjee and Vikrant Vig). Journal of Monetary Economics, 56(5), 2009. Internet appendix

Did Securitization Lead to Lax Screening? Evidence From Subprime Loans (with Benjamin Keys, Tanmoy Mukherjee and Vikrant Vig). Quarterly Journal of Economics, 125(1), 2010. Best Conference Paper: European Finance Association, Mitsui Conference, CAF and NISM.

Learning By Trading (with Noah Stoffman and Tyler Shumway). Review of Financial Studies, 23(2), 2010, 705-739

Are Incentive Contracts Rigged by Powerful CEOs? (with Adair Morse and Vikram Nanda). Journal of Finance (forthcoming).

Statistical Default Models and Incentives (with Uday Rajan and Vikrant Vig). American Economic Review, Papers and Proceedings, 2010.

Securitization and Distressed Loan Renegotiation: Evidence from the Subprime Mortgage Crisis (with Tomasz Piskorski and Vikrant Vig). Journal of Financial Economics, 97, 2010, 369-397.Internet Appendix.

Firm Boundaries Matter: Evidence from Conglomerates and R&D Activity (Previously titled: Do Conglomerates Stifle Innovation?). Journal of Financial Economics (forthcoming).

Lender Screening and Role of Securitization: Evidence from Prime and Subprime Mortgage Markets (with Benjamin Keys and Vikrant Vig). Review of Financial Studies (forthcoming).
This is an abridged version with many results that appeared in the working paper: 620 FICO, Take II: Securitization and Screening in the Subprime Mortgage Market (with Benjamin Keys, Tanmoy Mukherjee and Vikrant Vig)

Working Papers

Internal Capital Markets and Dividend Policy: Evidence From Business Groups (with Radha Gopalan and Vikram Nanda)
The Failure of Models That Predict Failure: Distance, Incentives and Defaults(with Uday Rajan and Vikrant Vig)