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Ivo Welch

Personal Details

First Name:Ivo
Middle Name:
Last Name:Welch
Suffix:
RePEc Short-ID:pwe95
[This author has chosen not to make the email address public]
http://www.ivo-welch.info
Terminal Degree:1991 Booth School of Business; University of Chicago (from RePEc Genealogy)

Affiliation

(in no particular order)

Finance Group
Anderson Graduate School of Management
University of California-Los Angeles (UCLA)

Los Angeles, California (United States)
http://www.anderson.ucla.edu/faculty/finance
RePEc:edi:fguclus (more details at EDIRC)

Anderson Graduate School of Management
University of California-Los Angeles (UCLA)

Los Angeles, California (United States)
http://www.anderson.ucla.edu/
RePEc:edi:aguclus (more details at EDIRC)

Research output

as
Jump to: Working papers Articles Editorship

Working papers

  1. Ivo Welch, 2024. "The IPCC Shared Socioeconomic Pathways (SSPs): Explained, Evaluated, Replaced," NBER Working Papers 32178, National Bureau of Economic Research, Inc.
  2. Amit Goyal & Ivo Welch & Athanasse Zafirov, 2021. "A Comprehensive Look at the Empirical Performance of Equity Premium Prediction II," Swiss Finance Institute Research Paper Series 21-85, Swiss Finance Institute.
  3. Sushil Bikhchandani & David Hirshleifer & Omer Tamuz & Ivo Welch, 2021. "Information Cascades and Social Learning," Papers 2105.11044, arXiv.org.
  4. Ivo Welch, 2020. "The Wisdom of the Robinhood Crowd," NBER Working Papers 27866, National Bureau of Economic Research, Inc.
  5. Ivo Welch, 2019. "Simpler Better Market Betas," NBER Working Papers 26105, National Bureau of Economic Research, Inc.
  6. Daniel R. Feenberg & Clinton Tepper & Ivo Welch, 2018. "Are Interest Rates Really Low?," NBER Working Papers 24258, National Bureau of Economic Research, Inc.
  7. Ivo Welch, 2016. "Levered Returns," NBER Working Papers 22150, National Bureau of Economic Research, Inc.
  8. Bernardo, Antonio & Talley, Eric & Welch, Ivo, 2011. "A Model of Optimal Government Bailouts," Berkeley Olin Program in Law & Economics, Working Paper Series qt8wv4p90c, Berkeley Olin Program in Law & Economics.
  9. Sushil Bikhchandani & David Hirshleifer & Ivo Welch, 2010. "A theory of Fads, Fashion, Custom and cultural change as informational Cascades," Levine's Working Paper Archive 1193, David K. Levine.
  10. Antonio Bernardo & Ivo Welch, 2006. "Liquidity and Financial Market Runs," Yale School of Management Working Papers ysm280, Yale School of Management, revised 01 Aug 2003.
  11. Bikhchandani, Sushil & Hirshleifer, David & Welch, Ivo, 2005. "Information Cascades and Observational Learning," Working Paper Series 2005-22, Ohio State University, Charles A. Dice Center for Research in Financial Economics.
  12. Arturo Bris & Ivo Welch & Ning Zhu, 2005. "The Costs of Bankruptcy," Yale School of Management Working Papers amz2375, Yale School of Management, revised 21 Sep 2009.
  13. Lily Qiu & Ivo Welch, 2004. "Investor Sentiment Measures," NBER Working Papers 10794, National Bureau of Economic Research, Inc.
  14. Ivo Welch & Amit Goyal, 2004. "A Note On 'Predicting Returns With Financial Ratios'," Yale School of Management Working Papers amz2465, Yale School of Management.
  15. Ivo Welch & Arturo Bris & Alan Schwartz, 2003. "Who Should Pay for Bankruptcy Costs?," Yale School of Management Working Papers ysm365, Yale School of Management, revised 01 Sep 2004.
  16. Jay Ritter & Ivo Welch, 2002. "A Review of IPO Activity, Pricing, and Allocations," NBER Working Papers 8805, National Bureau of Economic Research, Inc.
  17. Bernardo, Antonio E. & Welch, Ivo, 2002. "Financial Market Runs," University of California at Los Angeles, Anderson Graduate School of Management qt0zd313hf, Anderson Graduate School of Management, UCLA.
  18. William Goetzmann & Jonathan Ingersoll & Matthew Spiegel & Ivo Welch, 2002. "Portfolio Performance Manipulation and Manipulation-Proof Performance Measures," Yale School of Management Working Papers amz2471, Yale School of Management, revised 01 Apr 2006.
  19. Ivo Welch, 2002. "Capital Structure and Stock Returns," Yale School of Management Working Papers ysm263, Yale School of Management, revised 01 Aug 2003.
  20. William Goetzmann & Jonathan Ingersoll & Matthew I. Spiegel & Ivo Welch, 2002. "Sharpening Sharpe Ratios," NBER Working Papers 9116, National Bureau of Economic Research, Inc.
  21. Amit Goyal & Ivo Welch, 2002. "Predicting the Equity Premium With Dividend Ratios," NBER Working Papers 8788, National Bureau of Economic Research, Inc.
  22. Ivo Welch, 2002. "Columbus' Egg: The Real Determinant of Capital Structure," NBER Working Papers 8782, National Bureau of Economic Research, Inc.
  23. David Hirshleifer & Ivo Welch, 2001. "An Economic Approach to the Psychology of Change: Amnesia, Inertia, and Impulsiveness," Cowles Foundation Discussion Papers 1306, Cowles Foundation for Research in Economics, Yale University.
  24. Ivo Welch, 2001. "The Top Achievements, Challenges, and Failures of Finance," Yale School of Management Working Papers ysm250, Yale School of Management, revised 01 Apr 2002.
  25. Ivo Welch & Bris, Arturo, 2001. "The Optimal Concentration of Creditors," Cowles Foundation Discussion Papers 1338, Cowles Foundation for Research in Economics, Yale University, revised Jan 2002.
  26. Ivo Welch, 2001. "The Equity Premium Consensus Forecast Revisited," Cowles Foundation Discussion Papers 1325, Cowles Foundation for Research in Economics, Yale University.
  27. Ivo Welch, 2000. "Views of Financial Economists on the Equity Premium and on Professional Controversies," Yale School of Management Working Papers ysm122, Yale School of Management.
  28. Antonio Bernardo & Eric L. Talley & Ivo Welch, 1999. "A Theory of Legal Presumptions," Yale School of Management Working Papers ysm118, Yale School of Management.
  29. Welch, Ivo, 1998. "Asymmetry and Power: Can Ethnic Dominance Minimize Conflict?," University of California at Los Angeles, Anderson Graduate School of Management qt5978g03k, Anderson Graduate School of Management, UCLA.
  30. Bernardo, Antonio & Welch, Ivo, 1997. "On the Evolution of Overconfidence and Entrepreneurs," University of California at Los Angeles, Anderson Graduate School of Management qt6668s4pz, Anderson Graduate School of Management, UCLA.
  31. Ivo Welch & Siew Hong Teoh & T.J. Wong, 1995. "Earnings Management and The Post-Issue Underperformance in Seasoned Equity Offerings," Finance 9-95., University of California at Los Angeles.
  32. Ivo Welch, 1995. "Why is Bankdebt Senior? A Theory of Priority Among Creditors," Finance 18-94, University of California at Los Angeles.
  33. Ivo Welch & Siew Hong Teoh & Paul Wazzan, 1995. "The Effect of Socially Activist Investment Policies on the Financial Markets: Evidence from the South African Boycott," Finance _005, University of California at Los Angeles.
  34. Ivo Welch, 1994. "The Cross-sectional Determinants of Corporate Capital Expenditures: A Multinational Comparison," Finance _002, University of California at Los Angeles.
  35. Wara, A. & Welch, I., 1990. "Bondholder Losses In Leveraged Buyouts," Papers fb-_90-04, Columbia - Graduate School of Business.
  36. Franklin Allen & Antonio Bernardo & Ivo Welch, "undated". "A Theory of Dividends Based on Tax Clienteles," Rodney L. White Center for Financial Research Working Papers 15-98, Wharton School Rodney L. White Center for Financial Research.
  37. Ivo Welch & David Hirshleifer, "undated". "Institutional Memory, Inertia and Impulsiveness," Finance 2-94., University of California at Los Angeles.

Articles

  1. Ivo Welch, 2022. "The Wisdom of the Robinhood Crowd," Journal of Finance, American Finance Association, vol. 77(3), pages 1489-1527, June.
  2. Ivo Welch, 2022. "Simply Better Market Betas," Critical Finance Review, now publishers, vol. 11(1), pages 37-64, February.
  3. Bernardo, Antonio E. & Fabisiak, Alex & Welch, Ivo, 2020. "Asset Redeployability, Liquidation Value, and Endogenous Capital Structure Heterogeneity," Journal of Financial and Quantitative Analysis, Cambridge University Press, vol. 55(5), pages 1619-1656, August.
  4. Yaron Levi & Ivo Welch & Andrew Karolyi, 2020. "Symmetric and Asymmetric Market Betas and Downside Risk [Downside risk]," The Review of Financial Studies, Society for Financial Studies, vol. 33(6), pages 2772-2795.
  5. Welch, Ivo, 2019. "Editorial: An Opinionated FAQ," Critical Finance Review, now publishers, vol. 8(1-2), pages 19-24, December.
  6. Welch, Ivo, 2019. "Introduction," Critical Finance Review, now publishers, vol. 8(1-2), pages 25-28, December.
  7. Welch, Ivo, 2019. "Reproducing, Extending, Updating, Replicating, Reexamining, and Reconciling," Critical Finance Review, now publishers, vol. 8(1-2), pages 301-304, December.
  8. Levi, Yaron & Welch, Ivo, 2017. "Best Practice for Cost-of-Capital Estimates," Journal of Financial and Quantitative Analysis, Cambridge University Press, vol. 52(2), pages 427-463, April.
  9. Nimesh Patel & Ivo Welch, 2017. "Extended Stock Returns in Response to S&P 500 Index Changes," The Review of Asset Pricing Studies, Society for Financial Studies, vol. 7(2), pages 172-208.
  10. Jason Alan Snyder & Ivo Welch, 2017. "Do Powerful Politicians Really Cause Corporate Downsizing?," Journal of Political Economy, University of Chicago Press, vol. 125(6), pages 2225-2231.
  11. Antonio E. Bernardo & Alan Schwartz & Ivo Welch, 2016. "Contracting Externalities and Mandatory Menus in the US Corporate Bankruptcy Code," The Journal of Law, Economics, and Organization, Oxford University Press, vol. 32(2), pages 395-432.
  12. Welch, Ivo, 2016. "Plausibility: A Fair & Balanced View of 30 Years of Progress in Ecologics," Foundations and Trends(R) in Accounting, now publishers, vol. 10(2-4), pages 376-412, August.
  13. Antonio E. Bernardo & Eric L. Talley & Ivo Welch, 2016. "Designing Corporate Bailouts," Journal of Law and Economics, University of Chicago Press, vol. 59(1), pages 75-104.
  14. Mavroeidis, Sophocles & Sasaki, Yuya & Welch, Ivo, 2015. "Estimation of heterogeneous autoregressive parameters with short panel data," Journal of Econometrics, Elsevier, vol. 188(1), pages 219-235.
  15. Ivo Welch, 2014. "Referee Recommendations," The Review of Financial Studies, Society for Financial Studies, vol. 27(9), pages 2773-2804.
  16. Peter Iliev & Ivo Welch, 2013. "A Model of Operational Slack: The Short-Run, Medium-Run, and Long-Run Consequences of Limited Attention Capacity," The Journal of Law, Economics, and Organization, Oxford University Press, vol. 29(1), pages 2-34, February.
  17. Welch, Ivo, 2013. "A Critique of Recent Quantitative and Deep-Structure Modeling in Capital Structure Research and Beyond," Critical Finance Review, now publishers, vol. 2(1), pages 131-172, July.
  18. Bernardo, Antonio E. & Welch, Ivo, 2013. "Leverage and preemptive selling of financial institutions," Journal of Financial Intermediation, Elsevier, vol. 22(2), pages 123-151.
  19. Ivo Welch, 2011. "Two Common Problems in Capital Structure Research: The Financial‐Debt‐To‐Asset Ratio and Issuing Activity Versus Leverage Changes," International Review of Finance, International Review of Finance Ltd., vol. 11(1), pages 1-17, March.
  20. Ivo Welch & Amit Goyal, 2008. "A Comprehensive Look at The Empirical Performance of Equity Premium Prediction," The Review of Financial Studies, Society for Financial Studies, vol. 21(4), pages 1455-1508, July.
  21. Jonathan Ingersoll & Ivo Welch, 2007. "Portfolio Performance Manipulation and Manipulation-proof Performance Measures," The Review of Financial Studies, Society for Financial Studies, vol. 20(5), pages 1503-1546, 2007 17.
  22. Arturo Bris & Ivo Welch & Ning Zhu, 2006. "The Costs of Bankruptcy: Chapter 7 Liquidation versus Chapter 11 Reorganization," Journal of Finance, American Finance Association, vol. 61(3), pages 1253-1303, June.
  23. Arturo Bris & Alan Schwartz & Ivo Welch, 2005. "Who Should Pay for Bankruptcy Costs?," The Journal of Legal Studies, University of Chicago Press, vol. 34(2), pages 295-341, June.
  24. Arturo Bris & Ivo Welch, 2005. "The Optimal Concentration of Creditors," Journal of Finance, American Finance Association, vol. 60(5), pages 2193-2212, October.
  25. Ivo Welch, 2004. "Capital Structure and Stock Returns," Journal of Political Economy, University of Chicago Press, vol. 112(1), pages 106-131, February.
  26. Antonio E. Bernardo & Ivo Welch, 2004. "Liquidity and Financial Market Runs," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 119(1), pages 135-158.
  27. Amit Goyal & Ivo Welch, 2003. "Predicting the Equity Premium with Dividend Ratios," Management Science, INFORMS, vol. 49(5), pages 639-654, May.
  28. Jay R. Ritter & Ivo Welch, 2002. "A Review of IPO Activity, Pricing, and Allocations," Journal of Finance, American Finance Association, vol. 57(4), pages 1795-1828, August.
  29. David Hirshleifer & Ivo Welch, 2002. "An Economic Approach to the Psychology of Change: Amnesia, Inertia, and Impulsiveness," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 11(3), pages 379-421, September.
  30. Antonio E. Bernardo & Ivo Welch, 2001. "On the Evolution of Overconfidence and Entrepreneurs," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 10(3), pages 301-330, September.
  31. Ivo Welch & David Wessels, 2000. "The Cross-Sectional Determinants Of Corporate Capital Expenditures: A Multinational Comparison," Schmalenbach Business Review (sbr), LMU Munich School of Management, vol. 52(2), pages 103-136, April.
  32. Bernardo, Antonio E & Talley, Eric & Welch, Ivo, 2000. "A Theory of Legal Presumptions," The Journal of Law, Economics, and Organization, Oxford University Press, vol. 16(1), pages 1-49, April.
  33. Franklin Allen & Antonio E. Bernardo & Ivo Welch, 2000. "A Theory of Dividends Based on Tax Clienteles," Journal of Finance, American Finance Association, vol. 55(6), pages 2499-2536, December.
  34. Welch, Ivo, 2000. "Herding among security analysts," Journal of Financial Economics, Elsevier, vol. 58(3), pages 369-396, December.
  35. Welch, Ivo, 2000. "Views of Financial Economists on the Equity Premium and on Professional Controversies," The Journal of Business, University of Chicago Press, vol. 73(4), pages 501-537, October.
  36. Teoh, Siew Hong & Welch, Ivo & Wazzan, C Paul, 1999. "The Effect of Socially Activist Investment Policies on the Financial Markets: Evidence from the South African Boycott," The Journal of Business, University of Chicago Press, vol. 72(1), pages 35-89, January.
  37. Sushil Bikhchandani & David Hirshleifer & Ivo Welch, 1998. "Learning from the Behavior of Others: Conformity, Fads, and Informational Cascades," Journal of Economic Perspectives, American Economic Association, vol. 12(3), pages 151-170, Summer.
  38. Teoh, Siew Hong & Welch, Ivo & Wong, T. J., 1998. "Earnings management and the underperformance of seasoned equity offerings," Journal of Financial Economics, Elsevier, vol. 50(1), pages 63-99, October.
  39. Beatty, Randolph & Riffe, Susan & Welch, Ivo, 1997. "How Firms Make Capital Expenditure Decisions: Financial Signals, Internal Cash Flows, Income Taxes and the Tax Reform Act of 1986," Review of Quantitative Finance and Accounting, Springer, vol. 9(3), pages 227-250, October.
  40. Welch, Ivo, 1997. "Why Is Bank Debt Senior? A Theory of Asymmetry and Claim Priority Based on Influence Costs," The Review of Financial Studies, Society for Financial Studies, vol. 10(4), pages 1203-1236.
  41. Welch, Ivo, 1996. "Equity offerings following the IPO theory and evidence," Journal of Corporate Finance, Elsevier, vol. 2(3), pages 227-259, February.
  42. Devenow, Andrea & Welch, Ivo, 1996. "Rational herding in financial economics," European Economic Review, Elsevier, vol. 40(3-5), pages 603-615, April.
  43. Cornell, Bradford & Welch, Ivo, 1996. "Culture, Information, and Screening Discrimination," Journal of Political Economy, University of Chicago Press, vol. 104(3), pages 542-571, June.
  44. Beatty, Randolph P & Welch, Ivo, 1996. "Issuer Expenses and Legal Liability in Initial Public Offerings," Journal of Law and Economics, University of Chicago Press, vol. 39(2), pages 545-602, October.
  45. Bhagat, Sanjai & Welch, Ivo, 1995. "Corporate research & development investments international comparisons," Journal of Accounting and Economics, Elsevier, vol. 19(2-3), pages 443-470, April.
  46. Jegadeesh, Narasimhan & Weinstein, Mark & Welch, Ivo, 1993. "An empirical investigation of IPO returns and subsequent equity offerings," Journal of Financial Economics, Elsevier, vol. 34(2), pages 153-175, October.
  47. Warga, Arthur & Welch, Ivo, 1993. "Bondholder Losses in Leveraged Buyouts," The Review of Financial Studies, Society for Financial Studies, vol. 6(4), pages 959-982.
  48. Bikhchandani, Sushil & Hirshleifer, David & Welch, Ivo, 1992. "A Theory of Fads, Fashion, Custom, and Cultural Change in Informational Cascades," Journal of Political Economy, University of Chicago Press, vol. 100(5), pages 992-1026, October.
  49. Welch, Ivo, 1992. "Sequential Sales, Learning, and Cascades," Journal of Finance, American Finance Association, vol. 47(2), pages 695-732, June.
  50. Welch, Ivo, 1991. "An Empirical Examination of Models of Contract Choice in Initial Public Offerings," Journal of Financial and Quantitative Analysis, Cambridge University Press, vol. 26(4), pages 497-518, December.

Editorship

  1. German Economic Review, Verein für Socialpolitik.

More information

Research fields, statistics, top rankings, if available.

Statistics

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Rankings

This author is among the top 5% authors according to these criteria:
  1. Average Rank Score
  2. Number of Distinct Works, Weighted by Simple Impact Factor
  3. Number of Distinct Works, Weighted by Recursive Impact Factor
  4. Number of Distinct Works, Weighted by Number of Authors
  5. Number of Distinct Works, Weighted by Number of Authors and Simple Impact Factors
  6. Number of Distinct Works, Weighted by Number of Authors and Recursive Impact Factors
  7. Number of Citations
  8. Number of Citations, Discounted by Citation Age
  9. Number of Citations, Weighted by Simple Impact Factor
  10. Number of Citations, Weighted by Simple Impact Factor, Discounted by Citation Age
  11. Number of Citations, Weighted by Recursive Impact Factor
  12. Number of Citations, Weighted by Recursive Impact Factor, Discounted by Citation Age
  13. Number of Citations, Weighted by Number of Authors
  14. Number of Citations, Weighted by Number of Authors, Discounted by Citation Age
  15. Number of Citations, Weighted by Number of Authors and Simple Impact Factors
  16. Number of Citations, Weighted by Number of Authors and Simple Impact Factors, Discounted by Citation Age
  17. Number of Citations, Weighted by Number of Authors and Recursive Impact Factors
  18. Number of Citations, Weighted by Number of Authors and Recursive Impact Factors, Discounted by Citation Age
  19. h-index
  20. Number of Registered Citing Authors
  21. Number of Registered Citing Authors, Weighted by Rank (Max. 1 per Author)
  22. Number of Journal Pages
  23. Number of Journal Pages, Weighted by Simple Impact Factor
  24. Number of Journal Pages, Weighted by Recursive Impact Factor
  25. Number of Journal Pages, Weighted by Number of Authors
  26. Number of Journal Pages, Weighted by Number of Authors and Simple Impact Factors
  27. Number of Journal Pages, Weighted by Number of Authors and Recursive Impact Factors
  28. Number of Abstract Views in RePEc Services over the past 12 months
  29. Number of Downloads through RePEc Services over the past 12 months
  30. Number of Abstract Views in RePEc Services over the past 12 months, Weighted by Number of Authors
  31. Number of Downloads through RePEc Services over the past 12 months, Weighted by Number of Authors
  32. Euclidian citation score
  33. Breadth of citations across fields
  34. Wu-Index

Co-authorship network on CollEc

NEP Fields

NEP is an announcement service for new working papers, with a weekly report in each of many fields. This author has had 18 papers announced in NEP. These are the fields, ordered by number of announcements, along with their dates. If the author is listed in the directory of specialists for this field, a link is also provided.
  1. NEP-ENT: Entrepreneurship (5) 2001-11-27 2001-11-27 2001-11-27 2001-11-27 2002-03-04. Author is listed
  2. NEP-FMK: Financial Markets (4) 2002-04-08 2002-10-08 2004-07-18 2019-09-02
  3. NEP-NET: Network Economics (4) 2001-11-27 2001-11-27 2001-11-27 2001-11-27
  4. NEP-FIN: Finance (2) 2002-10-08 2004-03-22
  5. NEP-MIC: Microeconomics (2) 2001-11-27 2001-11-27
  6. NEP-RMG: Risk Management (2) 2002-10-08 2004-03-22
  7. NEP-ACC: Accounting and Auditing (1) 2004-07-18
  8. NEP-CFN: Corporate Finance (1) 2016-04-16
  9. NEP-CUL: Cultural Economics (1) 2010-12-18
  10. NEP-DEV: Development (1) 2004-03-22
  11. NEP-ENV: Environmental Economics (1) 2024-04-01
  12. NEP-FDG: Financial Development and Growth (1) 2022-01-03
  13. NEP-HIS: Business, Economic and Financial History (1) 2021-05-31
  14. NEP-LAW: Law and Economics (1) 2004-07-18
  15. NEP-MAC: Macroeconomics (1) 2018-02-19
  16. NEP-MFD: Microfinance (1) 2002-03-04

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