Owen Lamont

Department of Economics
Harvard University
Cambridge MA 02138

E-Mail: EmailAddress: hidden: you can email any NBER-related person as first underscore last at nber dot org
Institutional Affiliation: Wellington Management

NBER Working Papers and Publications

May 2007The Earnings Announcement Premium and Trading Volume
with Andrea Frazzini: w13090
December 2005Investor Sentiment and Corporate Finance: Micro and Macro
with Jeremy C. Stein: w11882

Published: Lamont, Owen A. and Jeremy C. Stein. "Investor Sentiment And Corporate Finance: Micro And Macro," American Economic Review, 2005, v95(4,Sep), 147-151. citation courtesy of

August 2005Dumb Money: Mutual Fund Flows and the Cross-Section of Stock Returns
with Andrea Frazzini: w11526

Published: Frazzini, Andrea & Lamont, Owen A., 2008. "Dumb money: Mutual fund flows and the cross-section of stock returns," Journal of Financial Economics, Elsevier, vol. 88(2), pages 299-322, May. citation courtesy of

July 2004Go Down Fighting: Short Sellers vs. Firms

Published: O. A. Lamont, 2012. "Go Down Fighting: Short Sellers vs. Firms," Review of Asset Pricing Studies, vol 2(1), pages 1-30.

January 2004Aggregate Short Interest and Market Valuations
with Jeremy C. Stein: w10218

Published: Lamont, Owen A. and Jeremy C. Stein. "Aggregate Short Interest And Market Valuations," American Economic Review, 2004, v94(2,May), 29-32. citation courtesy of

July 2002Evaluating Value Weighting: Corporate Events and Market Timing
October 2001Short Sale Constraints and Stock Returns
with Charles M. Jones: w8494

Published: Jones, Charles M. and Owen A. Lamont. "Short-Sale Constraints and Stock Returns." Journal of Financial Economics 66, 2-3 (November-December 2002): 207-39. citation courtesy of

May 2001Can the Market Add and Subtract? Mispricing in Tech Stock Carve-Outs
with Richard H. Thaler: w8302

Published: Lamont, Owen A. and Richard H. Thaler. "Can The Market Add And Subtract? Mispricing In Tech Stock Carve-Outs," Journal of Political Economy, 2003, v111(2,Apr), 227-268. citation courtesy of

July 2000Does Diversification Destroy Value? Evidence From Industry Shocks
with Christopher Polk: w7803

Published: Lamont, Owen A. and Christopher Polk. "Does Diversification Destroy Value? Evidence From The Industry Shocks," Journal of Financial Economics, 2002, v63(1,Jan), 51-77.

October 1999The Diversification Discount: Cash Flows vs. Returns
with Christopher Polk: w7396

Published: Lamont, Owen A. and Christopher Polk. "The Diversification Discount: Cash Flows Versus Returns," Journal of Finance, 2001, v56(5,Oct), 1693-1721.

March 1999Economic Tracking Portfolios

Published: Lamont, Owen A. "Economic Tracking Portfolios," Journal of Econometrics, 2001, v105(1,Nov), 161-184. citation courtesy of

February 1999Investment Plans and Stock Returns

Published: Lamont, Owen A. "Investment Plans And Stock Returns," Journal of Finance, 2000, v55(6,Dec), 2719-2745. citation courtesy of

October 1997Financial Constraints and Stock Returns
with Christopher Polk, Jesus Saa-Requejo: w6210

Published: Lamont, O., C. Polk and J. Saa-Requejo. "Financial Constraints And Stock Returns," Review of Financial Studies, 2001, v14(2,Jun), 529-554. citation courtesy of

March 1997Leverage and House-Price Dynamics in U.S. Cities
with Jeremy C. Stein: w5961

Published: RAND Journal of Economics, Vol. 30, no. 3 (Autumn 1999): 498-514. citation courtesy of

January 1997Do "Shortages" Cause Inflation?
in Reducing Inflation: Motivation and Strategy, Christina D. Romer and David H. Romer, Editors
July 1996Earnings and Expected Returns

Published: Journal of Finance, Vol. 53, no. 5 (October 1998): 1563-1587. citation courtesy of

June 1996Relative Price Variability and Inflation: Evidence from US Cities
with Guy Debelle: w5627

Published: Journal of Political Economy Feb.1997, Vol. 105, No. 1, pp. 132-152 citation courtesy of

May 1996Investor Reaction to Salient News in Closed-End Country Funds
with Peter Klibanoff, Thierry A. Wizman: w5588

Published: Journal of Finance, Vol. 53, no. 2 (April 1998): 673-699. citation courtesy of

March 1996Cash Flow and Investment: Evidence from Internal Capital Markets

Published: Journal of Finance, March 1997, Vol. 52, No. 1, pp. 57-82 citation courtesy of

January 1996Public Information and the Persistence of Bond Market Volatility
with Charles M. Jones, Robin Lumsdaine: w5446

Published: Journal of Financial Economics, Vol. 47, no. 3 (March 1998): 315-337.

December 1995Do "Shortages" Cause Inflation?

Published: Reducing Inflation: Motivation and Strategy, C. Romer and D. Romer, eds.,(Chicago: University of Chicago Press, 1997)

October 1995Macroeconomics Forecasts and Microeconomic Forecasters

Published: Lamont, Owen A. "Macroeconomic Forecasts And Microeconomic Forecasters," Journal of Economic Behavior and Organization, 2002, v48(3,Jul), 265-280. citation courtesy of

November 1992Credit Conditions and the Cyclical Behavior of Inventories: A Case Studyof the 1981-82 Recession
with Anil K. Kashyap, Jeremy C. Stein: w4211

Published: Quarterly Journal of Economics, 1994, vol CIX, no 3, pp 566-592

NBER Videos

National Bureau of Economic Research, 1050 Massachusetts Ave., Cambridge, MA 02138; 617-868-3900; email:

Contact Us