NBER

Richard R. Townsend

Rady School of Management
University of California at San Diego
9500 Gilman Drive
La Jolla, CA 92093
Tel: 858/246-1632

E-Mail: EmailAddress: hidden: you can email any NBER-related person as first underscore last at nber dot org
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NBER Program Affiliations: PR
NBER Affiliation: Faculty Research Fellow
Institutional Affiliation: University of California at San Diego

NBER Working Papers and Publications

May 2020Financial Distancing: How Venture Capital Follows the Economy Down and Curtails Innovation
with Sabrina T. Howell, Josh Lerner, Ramana Nanda: w27150
April 2019Can the Market Multiply and Divide? Non-Proportional Thinking in Financial Markets
with Kelly Shue: w25751
November 2017Do Household Wealth Shocks Affect Productivity? Evidence from Innovative Workers During the Great Recession
with Shai Bernstein, Timothy McQuade: w24011
January 2017How do Quasi-Random Option Grants Affect CEO Risk-Taking?
with Kelly Shue: w23091

Published: KELLY SHUE & RICHARD R. TOWNSEND, 2017. "How Do Quasi-Random Option Grants Affect CEO Risk-Taking?," The Journal of Finance, vol 72(6), pages 2551-2588.

July 2016Does Career Risk Deter Potential Entrepreneurs?
with Joshua D. Gottlieb, Ting Xu: w22446
February 2016Growth through Rigidity: An Explanation for the Rise in CEO Pay
with Kelly Shue: w21975

Published: Kelly Shue & Richard R. Townsend, 2017. "Growth through rigidity: An explanation for the rise in CEO pay," Journal of Financial Economics, vol 123(1), pages 1-21.

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