Publications

Journal Article
Kenneth Froot, David Scharfstein, and Jeremy Stein. 1993. “Risk Management: Coordinating Corporate Investment and Financing Policies.” Journal of Finance, 48, 5, Pp. 1629-1658. PDF
Kenneth Froot, David Scharfstein, and Jeremy Stein. 1992. “Herd on the Street: Informational Inefficiencies in a Market with Short-Term Speculation.” Journal of Finance, 47, 4, Pp. 1461-1484. PDF
David Scharfstein, Takeo Hoshi, and Anil Kashyap. 1991. “Corporate Structure, Liquidity, and Investment: Evidence from Japanese Industrial Groups.” The Quarterly Journal of Economics, 106, 1, Pp. 33-60. PDF
Robert Gertner and David Scharfstein. 1991. “A Theory of Workouts and the Effects of Reorganization Law.” Journal of Finance, 46, 4, Pp. 1189-1222. PDF
Takeo Hoshi, Anil Kashyap, and David Scharfstein. 1990. “The Role of Banks in Reducing the Costs of Financial Distress in Japan.” Journal of Financial Economics, 27, 1, Pp. 67-88. PDF
David Scharfstein and Jeremy Stein. 1990. “Herd Behavior and Investment.” The American Economic Review, 80, 3, Pp. 465-479. PDF
Julio J. Rotemberg and David S. Scharfstein. 1990. “Shareholder-Value Maximization and Product-Market Competition.” The Review of Financial Studies, 3, 3, Pp. 367-391. PDF
Patrick Bolton and David Scharfstein. 1990. “A Theory of Predation Based on Agency Problems in Financial Contracting.” The American Economic Review, 80, 1, Pp. 93-106. PDF
Kenneth Froot, David Scharfstein, and Jeremy Stein. 1989. “LDC Debt: Forgiveness, Indexation, and Investment Incentives.” Journal of Finance, 44, 5, Pp. 1335-1350. PDF
David Scharfstein. 1988. “The Disciplinary Role of Takeovers.” The Review of Economic Studies, 55, 2, Pp. 185-199. PDF
David Scharfstein. 1988. “Product-Market Competition and Managerial Slack.” The RAND Journal of Economics, 19, 1, Pp. 147-155. PDF
Robert Gertner, Robert Gibbons, and David Scharfstein. 1988. “Simultaneous Signalling to the Capital and Product Markets.” The RAND Journal of Economics, 19, 2, Pp. 173-190. PDF
Barry Nalebuff and David Scharfstein. 1987. “Testing in Models of Asymmetric Information.” The Review of Economic Studies, 54, 2, Pp. 265-277. PDF
David Scharfstein. 1984. “A Policy to Prevent Rational Test-Market Predation.” The RAND Journal of Economics, 15, 2, Pp. 229-243. PDF
Book
David S. Scharfstein; As Part Of The Squam Lake Working Group. 2010. The Squam Lake Report: Fixing the Financial System. Publisher's Version

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