G
Geoffrey Tate
Researcher at National Bureau of Economic Research
Publications - 36
Citations - 12474
Geoffrey Tate is an academic researcher from National Bureau of Economic Research. The author has contributed to research in topics: Overconfidence effect & External financing. The author has an hindex of 25, co-authored 35 publications receiving 10771 citations. Previous affiliations of Geoffrey Tate include University of Pennsylvania & University of California, Los Angeles.
Papers
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The Bright Side of Corporate Diversification: Evidence from Internal Labor Markets.
Geoffrey Tate,Liu Yang +1 more
TL;DR: The authors found that workers more frequently transition to other industries in which their diversified firms operate and with smaller wage losses compared with workers in the open market, even when they leave their original firms.
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Does rating analyst subjectivity affect corporate debt pricing
TL;DR: In this paper, the authors find evidence of systematic optimism and pessimism among credit analysts, comparing contemporaneous ratings of the same firm across rating agencies, consistent with mispricing.
Posted Content
Corporate Financial Policies With Overconfident Managers
TL;DR: This paper found that managers who believe that their company is undervalued view external financing as overpriced, especially equity financing, as a result, they display pecking-order preferences for internal financing over debt and for debt over equity.
Journal ArticleDOI
Learning from Coworkers: Peer Effects on Individual Investment Decisions
Paige Ouimet,Geoffrey Tate +1 more
TL;DR: In this article, the influence of networks on investment decisions was examined using unique data on employee stock purchase plans (ESPPs) and found that the presence of high-information employees magnifies the effects of peer networks.
Posted Content
The Human Factor in Acquisitions: Cross-Industry Labor Mobility and Corporate Diversification
Geoffrey Tate,Liu Yang +1 more
TL;DR: In this paper, the authors construct a matrix of industry pair-wise human capital transferability using information obtained from more than 11 million job changes and identify human capital as a source of value from corporate diversification and provide an explanation for seemingly unrelated acquisitions.