Gerard Hoberg's Research

Text-Based Network Industries and Endogenous Product Differentiation (with Gordon Phillips). [Download]

Redefining Financial Constraints: a Text-Based Analysis (with Christopher Ball and Vojislav Maksimovic). [Download]

Conglomerate Industry Spanning (with Gordon Phillips). [Download]

Product Characteristics, Competition, and Dividends (with Gordon Phillips and Nagpurnanand Prabhala). [Download]

Optimized vs. Sort-Based Portfolios (with Ivo Welch). [Download]

Does Angel Participation Matter? An Analysis of Early Venture Financing (with Brent Goldfarb, David Kirsch, and Alex Triantis). [Download]

Do Underwriters Collaborate with Venture Capitalists in IPOs (with Nejat Seyhun). [Download]

Litigation Risk, Strategic Disclosure and the Underpricing of Initial Public Offerings, (with Kathleen Hanley),
Journal of Financial Economics [Forthcoming]. [Download]

Product Market Synergies and Competition in Mergers and Acquisitions: A Text-Based Analysis, (with Gordon Phillips),
Review of Financial Studies (October 2010) 23 (10), 3773-3811. [Download]

The Information Content of IPO Prospectuses (with Kathleen Hanley),
Review of Financial Studies (July 2010) 23 (7), 2821-64. [Download]

Real and Financial Industry Booms and Busts (with Gordon Phillips),
Journal of Finance (January 2010) 65 (1), 45-86. [Download]

Disappearing Dividends, Catering, and Risk (with N.R. Prabhala),
Review of Financial Studies (January 2009) 22 (1), 79-116. [Download]

The Underwriter Persistence Phenomenon,
Journal of Finance (June 2007) 62 (3), 1169-1206. [Download]

Hoberg and Phillips Data Library. [Download Industry Data]

Jerry's SSRN Author Page. [View All Working Papers]

Interests: Corporate Finance, Industrial Organization, IPOs, M&A, Payout Policy, Financial Constraints,
Product Markets, Municipal Bonds, and Empirical Asset Pricing.