• Publications
  • Influence
Information: Hard and Soft
Information is a fundamental component of all financial transactions and markets, but it can arrive in multiple forms. We define what is meant by hard and soft information and describe the relativeExpand
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Estimating the Effect of Hierarchies on Information Use
Theory suggests that greater hierarchical distance between a subordinate and his boss makes it more difficult to share abstract and subjective information in decision making. A novel dataset putExpand
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Collateral spread and financial development
We show that institutions that promote financial development ease borrowing constraints by lowering the collateral spread and shifting the composition of acceptable collateral towards firm‐specificExpand
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Initiative, Incentives and Soft Information. How Does Delegation Impact The Role of Bank Relationship Managers?
This paper empirically examines how changes in the hierarchical structure of a large organization can affect incentives. The empirical analysis exploits a change in the hierarchical structure of theExpand
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How Does Organizational Form Matter? Distance, Communication and Soft Information
TLDR
This paper empirically examines how both soft and hard information are transmitted and used within an organization. Expand
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How Does Organizational Form Matter ? Communication , Distance and Soft Information
This paper empirically examines how both soft and hard information are transmitted and used within an organization. For this purpose I explore the hierarchical decision-making approval process ofExpand
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Initiative, Incentives, and Soft Information
  • J. Liberti
  • Business, Computer Science
  • Manag. Sci.
  • 16 June 2017
TLDR
This paper examines how organizational form affects incentives inside a financial institution. Expand
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Economics of Voluntary Information Sharing
We show that lenders join a U.S. commercial credit bureau when information asymmetries between incumbents and entrants create an adverse selection problem that hinders market entry. Lenders alsoExpand
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The Anatomy of a Credit Supply Shock: Evidence from an Internal Credit Market
We investigate how financial contracting interacts with lending channel effects by tracing the anatomy of a credit supply shock using micro-level data from a multinational bank. Borrowers withExpand
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The Anatomy of a Credit Supply Shock: Evidence from an Internal Credit Market
We examine how lending channel effects are transmitted by tracing the anatomy of a credit supply shock in a single multinational bank for small and medium sized business-lending in emerging markets.Expand
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