The WACC Fallacy: The Real Effects of Using a Unique Discount Rate." Kruger, Philipp, Augustin Landier, and David Thesmar. Journal of Finance Vol. 70, No. 3 (2015): 1253-1285.
Investor Horizon and Corporate Policy." Derrien, François, Ambrus Kecskés and David Thesmar. Journal of Financial and Quantitative Analysis Vol. 48, No. 6 (2013): 1755-1780.
The Collateral Channel: How Real Estate Shocks Affect Corporate Investment." Chaney, Thomas, David Sraer and David Thesmar. American Economic Review Vol. 102, No. 6 (2012): 2381-2409.