Xavier Giroud

Stefan H. Robock Professor of Finance and Economics
Research Associate, NBER
Research Fellow, CEPR
Editor, Review of Financial Studies

Columbia Business School
Finance Division
665 W 130th Street
Kravis Hall 771
New York, NY 10027

Email: [email protected]

Curriculum Vitae
Google Scholar

Working papers

Corporate Hierarchy (with M. Ewens), 2025

What Drives Corporate Savings (with N. Chen, L. Qin, and N. Wang), 2025

Innovation Spillovers Across U.S. Tech Clusters (with E. Liu and H. Mueller)
Journal of Financial Economics, revise and resubmit, 2025

Publications

Propagation and Amplification of Local Productivity Spillovers (with S. Lenzu, Q. Maingi, and H. Mueller)
Econometrica, 2024

A q Theory of Internal Capital Markets (with M. Dai, W. Jiang, and N. Wang)
Journal of Finance, 2024

Firm Leverage and Employment Dynamics (with H. Mueller)
Journal of Financial Economics, 2021

Firms' Internal Networks and Local Economic Shocks (with H. Mueller)
American Economic Review, 2019 (online appendix)

Bankruptcy Spillovers (with S. Bernstein, E. Colonnelli, and B. Iverson)
Journal of Financial Economics, 2019 (online appendix)

State Taxation and the Reallocation of Business Activity: Evidence from Establishment-Level Data (with J. Rauh)
Journal of Political Economy, 2019 (online appendix, data)

Firm Leverage, Consumer Demand, and Employment Losses during the Great Recession (with H. Mueller)
Quarterly Journal of Economics, 2017 (online appendix)

The Impact of Venture Capital Monitoring (with S. Bernstein and R. Townsend)
Journal of Finance, 2016 (online appendix)

Capital and Labor Reallocation within Firms (with H. Mueller)
Journal of Finance, 2015 (online appendix)

Proximity and Investment: Evidence from Plant-Level Data
Quarterly Journal of Economics, 2013 (online appendix)

Snow and Leverage (with H. Mueller, A. Stomper, and A. Westerkamp)
Review of Financial Studies, 2012

Corporate Governance, Product Market Competition, and Equity Prices (with H. Mueller)
Journal of Finance, 2011

Does Corporate Governance Matter in Competitive Industries? (with H. Mueller)
Journal of Financial Economics, 2010

Editorial positions

2025 - present Editor, Review of Financial Studies
2023 - 2025 Editor, Review of Finance
2021 - 2024 Associate Editor, Journal of Financial Economics
2019 - 2022 Associate Editor, Review of Financial Studies
2018 - 2022 Associate Editor, Management Science
2017 - 2022 Associate Editor, Review of Finance

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