Daniel Green


Assistant Professor of Finance

Harvard Business School




Working Papers

Corporate Refinancing, Covenants, and the Agency Cost of Debt

Revise and resubmit at Journal of Finance

Growing Pains in Financial Development: Institutional Weakness and Investment Efficiency

(with Ernest Liu)
Revise and resubmit at Journal of Financial Economics

Accelerator or Brake? Cash for Clunkers, Household Liquidity, and Aggregate Demand

(with Brian Melzer, Jonathan Parker, and Arcenis Rojas)
Accepted at American Economic Journal: Economic Policy


This .zip file has everything needed to set up a Beamer presentation with notes on a separate screen.

Here is a link to the MIT Sloan Finance Student Lunch website.

Here is a link to the MIT Macro Finance Reading Group website.

Here is a plot of the Lorenz curve of GDP and corporate debt. 80 percent of GDP uses only about 30% of corporate debt, and the remaining 70% of corporate debt supports only 20% of GDP.

A Frictionless Rationalization of the Payback Rule in Capital Budgeting