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David S. Scharfstein

David S. Scharfstein

D-Index & Metrics

Economics and Finance

D-Index
64
Citations
48440
World Ranking
613
National Ranking
391

Research.com Recognitions

  • 2018 - Fellow of the American Finance Association (AFA)
  • 1993 - Fellow of Alfred P. Sloan Foundation
  • Fellow of the Financial Management Association
  • Fellow of the Financial Management Association
  • Fellow of the Financial Management Association

Overview

David S. Scharfstein is affiliated with Harvard University in the United States. Their research spans the fields of Economics, Econometrics, and Finance, with a particular emphasis on subfields including Economics and Econometrics, Finance, Sociology and Political Science, Accounting, and Marketing.

Their publications reflect a focus on topics such as Housing Market and Economics, Banking stability, regulation, and efficiency, Taxation and Compliance Studies, Names, Identity, and Discrimination Research, Financial Literacy, Pension, and Retirement Analysis, Sharing Economy and Platforms, and Migration, Ethnicity, and Economy.

Among recent papers authored or coauthored by Scharfstein are:

  • "Racial Disparities in the Paycheck Protection Program," 2021, SSRN Electronic Journal
  • "Racial disparities in the Paycheck Protection Program," 2024, Journal of Financial Economics
  • "Bank Capital and the Growth of Private Credit," 2025, SSRN Electronic Journal
  • "Applications or Approvals: What Drives Racial Disparities in the Paycheck Protection Program?" 2022, SSRN Electronic Journal
  • "The Limits of Algorithmic Measures of Race in Studies of Outcome Disparities," 2023, SSRN Electronic Journal

Scharfstein frequently publishes in the following venues:

  • SSRN Electronic Journal
  • Journal of Financial Economics
  • Annual Review of Financial Economics
  • Review of Financial Studies
  • The Journal of Finance

Frequent coauthors include Sergey Chernenko, Nathan Kaplan, Asani Sarkar, Robert Ialenti, and Antonio Falato.

Awards received by Scharfstein are:

  • Fellow of the American Finance Association (AFA), 2018
  • Fellow of Alfred P. Sloan Foundation, 1993
  • Fellow of the Financial Management Association

Best Publications

  • Herd Behavior and Investment

    David S. Scharfstein;Jeremy C. Stein

  • Risk Management: Coordinating Corporate Investment and Financing Policies

    Kenneth A. Froot;David S. Scharfstein;Jeremy C. Stein

  • Corporate Structure, Liquidity, and Investment: Evidence from Japanese Industrial Groups

    Takeo Hoshi;Anil Kashyap;David Scharfstein

  • Bank Lending During the Financial Crisis of 2008

    Victoria Ivashina;David S. Scharfstein

  • The Dark Side of Internal Capital Markets: Divisional Rent-Seeking and Inefficient Investment

    David S. Scharfstein;Jeremy C. Stein

  • A Theory of Predation Based on Agency Problems in Financial Contracting

    Patrick Bolton;David S Scharfstein

  • The Role of Banks in Reducing the Costs of Financial Distress in Japan

    Takeo Hoshi;Anil Kashyap;David Scharfstein

  • Optimal Debt Structure and the Number of Creditors

    Patrick Bolton;David S. Scharfstein

  • Herd on the Street: Informational Inefficiencies in a Market with Short-Term Speculation

    Kenneth A. Froot;David S. Scharfstein;Jeremy C. Stein

  • Anatomy of Financial Distress: An Examination of Junk-Bond Issuers

    Paul Asquith;Robert Gertner;David Scharfstein

  • Internal versus External Capital Markets

    Robert H. Gertner;David S. Scharfstein;Jeremy C. Stein

  • A Theory of Workouts and the Effects of Reorganization Law

    Robert Gertner;David Scharfstein

  • The Dark Side of Internal Capital Markets II: Evidence from Diversified Conglomerates

    David S. Scharfstein

  • Entrepreneurial Spawning: Public Corporations and the Genesis of New Ventures, 1986-1999

    Paul A. Gompers;Josh Lerner;David S. Scharfstein

  • Capital Market Imperfections and Countercyclical Markups: Theory and Evidence

    Judith A Chevalier;David S Scharfstein

  • The Disciplinary Role of Takeovers

    David S. Scharfstein

  • Capital Market Imperfections and Countercyclical Markups: Theory and Evidence

    Judith A Chevalier;Judith A Chevalier;David S Scharfstein;David S Scharfstein

  • Product-market competition and managerial slack

    David S. Scharfstein

  • Performance persistence in entrepreneurship

    Paul Gompers;Paul Gompers;Anna Kovner;Josh Lerner;David Scharfstein

  • Venture capital investment cycles: The impact of public markets

    Paul Gompers;Paul Gompers;Anna Kovner;Josh Lerner;Josh Lerner;David Scharfstein;David Scharfstein

  • Dollar Funding and the Lending Behavior of Global Banks

    Victoria Ivashina;David Stuart Scharfstein;David Stuart Scharfstein;Jeremy C. Stein;Jeremy C. Stein

  • The Growth of Finance

    Robin Greenwood;David S. Scharfstein

  • Risk Management: Coordinating Corporate Investment and Financing Policies

    Kenneth Froot;Kenneth Froot;David S. Scharfstein;David S. Scharfstein;Jeremy C. Stein;Jeremy C. Stein

  • A theory of predation based on agency problems in financial contracting

    P. Bolton;D. Scharfstein

  • The Dark Side of Internal Capital Markets: Divisional Rent-Seeking and Inefficient

    David S. Scharfstein;Jeremy C. Stein

Frequent Co-Authors

Jeremy C. Stein
Jeremy C. Stein Harvard University
Anil K. Kashyap
Anil K. Kashyap University of Chicago
Robert J. Shiller
Robert J. Shiller Yale University
John H. Cochrane
John H. Cochrane Hoover Institution
Frederic S. Mishkin
Frederic S. Mishkin Columbia University
Matthew J. Slaughter
Matthew J. Slaughter Dartmouth College
Douglas W. Diamond
Douglas W. Diamond University of Chicago
Josh Lerner
Josh Lerner Harvard University
Kenneth R. French
Kenneth R. French Dartmouth College
Darrell Duffie
Darrell Duffie Stanford University

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