Privatizing Russia, (with M. Boycko and R. W. Vishny) MIT Press, 1995.

The Grabbing Hand, (with R. W. Vishny) Harvard University Press, 1998.

Without a Map: Political Tactics and Economic Reform in Russia, (with D. Treisman), MIT Press, 1999.

Clarendon Lectures: Inefficient Markets, Oxford University Press, 2000.

A Normal Country: Russia After Communism, Harvard University Press, 2005.

The Failure of Judges and the Rise of Regulators, MIT Press, 2012.

A Crisis of Beliefs: Investor Psychology and Financial Fragility, (with N. Gennaioli) Princeton University Press, 2018.