Tano Santos

Graduate School of Business
Columbia University
3022 Broadway, Uris Hall 414
New York, NY 10027
Tel: 212/854-0489
Fax: 212/316-9180

E-Mail: EmailAddress: hidden: you can email any NBER-related person as first underscore last at nber dot org
NBER Program Affiliations: AP
NBER Affiliation: Research Associate
Institutional Affiliation: Columbia University

NBER Working Papers and Publications

December 2017The Cross-Section of Risk and Return
with Kent Daniel, Lira Mota, Simon Rottke: w24164

Published: Kent Daniel & Lira Mota & Simon Rottke & Tano Santos & Andrew Karolyi, 2020. "The Cross-Section of Risk and Returns," The Review of Financial Studies, vol 33(5), pages 1927-1979.

July 2017Institutions and Political Party Systems: The Euro Case
with Jesús Fernández-Villaverde: w23599
December 2016Leverage
with Pietro Veronesi: w22905
February 2016The Sovereign-Bank Diabolic Loop and ESBies
with Markus K. Brunnermeier, Luis Garicano, Philip Lane, Marco Pagano, Ricardo Reis, David Thesmar, Stijn Van Nieuwerburgh, Dimitri Vayanos: w21993

Published: Markus K. Brunnermeier & Luis Garicano & Philip R. Lane & Marco Pagano & Ricardo Reis & Tano Santos & David Thesmar & Stijn Van Nieuwerburgh & Dimitri Vayanos, 2016. "The Sovereign-Bank Diabolic Loop and ESBies," American Economic Review, American Economic Association, vol. 106(5), pages 508-12, May. citation courtesy of

March 2013Political Credit Cycles: The Case of the Euro Zone
with Jesus Fernandez-Villaverde, Luis Garicano: w18899

Published: Jesús Fernández-Villaverde & Luis Garicano & Tano Santos, 2013. "Political Credit Cycles: The Case of the Eurozone," Journal of Economic Perspectives, American Economic Association, vol. 27(3), pages 145-66, Summer. citation courtesy of

February 2011Cream Skimming in Financial Markets
with Patrick Bolton, Jose A. Scheinkman: w16804

Published: Patrick Bolton & Tano Santos & Jose A. Scheinkman, 2016. "Cream-Skimming in Financial Markets," Journal of Finance, American Finance Association, vol. 71(2), pages 709-736, 04. citation courtesy of

April 2009Outside and Inside Liquidity
with Patrick Bolton, Jose A. Scheinkman: w14867

Published: Patrick Bolton & Tano Santos & Jose A. Scheinkman, 2011. "Outside and Inside Liquidity," The Quarterly Journal of Economics, Oxford University Press, vol. 126(1), pages 259-321. citation courtesy of

December 2005Cash-Flow Risk, Discount Risk, and the Value Premium
with Pietro Veronesi: w11816
April 2004Conditional Betas
with Pietro Veronesi: w10413
November 2003The Demand for Coordination
with Wouter Dessein: w10056
September 2002The Time Series of the Cross Section of Asset Prices
with Lior Menzly, Pietro Veronesi: w9217
July 2001Referrals
with Luis Garicano: w8367

Published: Garicano, Luis and Tano Santos. "Referrals," American Economic Review, 2004, v94(3,Jun), 499-525. citation courtesy of

May 2001Labor Income and Predictable Stock Returns
with Pietro Veronesi: w8309

Published: Santos, Tano and Pietro Veronesi. "Labor Income and Predictable Stock Returns." Review of Financial Studies 19, 1 (Spring 2004): 1-44.

July 1999Prospect Theory and Asset Prices
with Nicholas Barberis, Ming Huang: w7220

Published: Barberis, Nicholas, Ming Huang and Tano Santos. "Prospect Theory And Asset Prices," Quarterly Journal of Economics, 2001, v116(1,Feb), 1-53. citation courtesy of

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