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Andrei Shleifer

Researcher at Harvard University

Publications -  519
Citations -  286543

Andrei Shleifer is an academic researcher from Harvard University. The author has contributed to research in topics: Government & Shareholder. The author has an hindex of 171, co-authored 514 publications receiving 271880 citations. Previous affiliations of Andrei Shleifer include National Bureau of Economic Research & University of Chicago.

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Securing Property Rights

TL;DR: In this article, the equivalences of the Coase Theorem break down in realistic ways, and it is shown that the less educated and poorer citizens in many countries feel their property rights are least secure.
Posted Content

Growth in Regions

TL;DR: In this article, the authors used a newly assembled sample of 1,503 regions from 82 countries to compare the speed of per capita income convergence within and across countries, finding that regional growth is shaped by similar factors as national growth, such as geography and human capital.
Posted Content

Investor Protection and Equity Markets

TL;DR: In this article, a simple model of an entrepreneur going public in an environment with poor legal protection of outside shareholders is presented, incorporating elements of Becker's (1968) crime and punishment' framework into a corporate finance environment of Jensen and Meckling (1976).
Posted Content

The impact of institutional trading on stock prices

TL;DR: In this article, the authors used a new data set of quarterly portfolio holdings of 769 all-equity pension funds between 1985 and 1989 to evaluate the potential effect of their trading on stock prices.
ReportDOI

Trust and Insurance Contracts

TL;DR: In this paper, the authors assemble and analyze a new data set of homeowner insurance claims from 28 independently operated country subsidiaries of a multinational insurance company, and investigate the incidence of claims, disputes and rejections of claims and payment of claims in their data.