Deborah Lucas

Names

Identifer

Contact

Affiliations

• Massachusetts Institute of Technology (MIT) / Sloan School of Management (weight: 90%)
  • EDIRC entry
  • location:
• National Bureau of Economic Research (NBER) (weight: 10%)
  • EDIRC entry
  • location:

Research profile

author of:

• How Should Public Pension Plans Invest?
  American Economic Review, American Economic Association (2009)
  by Deborah J. Lucas & Stephen P. Zeldes
  (ReDIF-article, aea:aecrev:v:99:y:2009:i:2:p:527-32)
• Measuring the Cost of Bailouts
  Annual Review of Financial Economics, Annual Reviews (2019)
  by Deborah Lucas
  (ReDIF-article, anr:refeco:v:11:y:2019:p:85-108)
• Introduction to the ARFE Theme on the Social Discount Rate
  Annual Review of Financial Economics, Annual Reviews (2023)
  by Deborah Lucas
  (ReDIF-article, anr:refeco:v:15:y:2023:p:115-125)
• Reflections on What Financial Economics Can and Cannot Teach Us About the Social Discount Rate
  Annual Review of Financial Economics, Annual Reviews (2023)
  by Deborah Lucas
  (ReDIF-article, anr:refeco:v:15:y:2023:p:185-195)
• Valuation of Government Policies and Projects
  Annual Review of Financial Economics, Annual Reviews (2012)
  by Deborah Lucas
  (ReDIF-article, anr:refeco:v:4:y:2012:p:39-58)
• Credit Policy as Fiscal Policy
  Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution (2016)
  by Deborah Lucas
  (ReDIF-article, bin:bpeajo:v:47:y:2016:i:2016-01:p:1-57)
• COVID-19 Credit Policies around the World: Size, Scope, Costs, and Consequences
  Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution (2023)
  by Gee Hee Hong & Deborah Lucas
  (ReDIF-article, bin:bpeajo:v:54:y:2023:i:2023-01:p:289-345)
• Unknown item RePEc:bla:ecpoli:v:29:y:2014:i:79:p:553-597 (article)
• Investing Public Pensions in the Stock Market: Implications for Risk Sharing, Capital Formation and Public Policy in the Developed and Developing World
  International Review of Finance, International Review of Finance Ltd. (2001)
  by Deborah Lucas
  (ReDIF-article, bla:irvfin:v:2:y:2001:i:3:p:179-202)
• Equity Issues and Stock Price Dynamics
  Journal of Finance, American Finance Association (1990)
  by Lucas, Deborah J & McDonald, Robert L
  (ReDIF-article, bla:jfinan:v:45:y:1990:i:4:p:1019-43)
• Portfolio Choice and Asset Prices: The Importance of Entrepreneurial Risk
  Journal of Finance, American Finance Association (2000)
  by John Heaton & Deborah Lucas
  (ReDIF-article, bla:jfinan:v:55:y:2000:i:3:p:1163-1198)
• First Discussant Comment on “The Future of U.S. Housing Finance Reform”
  The B.E. Journal of Macroeconomics, De Gruyter (2012)
  by Lucas Deborah J.
  (ReDIF-article, bpj:bejmac:v:12:y:2012:i:3:p:8:n:1012)
• Valuing Federal Loans and Loan Guarantees Using Options-Pricing Methods: Technical Paper 2004-12
  Working Papers, Congressional Budget Office (2004)
  by Deborah Lucas & Marvin Phaup & Ravi Prasad
  (ReDIF-paper, cbo:wpaper:15937)
• The Student Loan Consolidation Option: An Analysis of an Exotic Financial Derivative: Working Paper 2007-05
  Working Papers, Congressional Budget Office (2007)
  by Deborah Lucas & Damien Moore
  (ReDIF-paper, cbo:wpaper:18540)
• Guaranteed Versus Direct Lending: The Case of Student Loans: Working Paper 2007-09
  Working Papers, Congressional Budget Office (2007)
  by Deborah Lucas & Damien Moore
  (ReDIF-paper, cbo:wpaper:18759)
• An Evaluation of Large-Scale Mortgage Refinancing Programs: Working Paper 2011-04
  Working Papers, Congressional Budget Office (2011)
  by Deborah Lucas & Damien Moore & Mitchell Remy
  (ReDIF-paper, cbo:wpaper:42752)
• Equity Issues with Time-Varying Asymmetric Information
  Journal of Financial and Quantitative Analysis, Cambridge University Press (1992)
  by Korajczyk, Robert A. & Lucas, Deborah J. & McDonald, Robert L.
  (ReDIF-article, cup:jfinqa:v:27:y:1992:i:03:p:397-417_00)
• Shareholder Heterogeneity, Adverse Selection, and Payout Policy
  Journal of Financial and Quantitative Analysis, Cambridge University Press (1998)
  by Lucas, Deborah J. & McDonald, Robert L.
  (ReDIF-article, cup:jfinqa:v:33:y:1998:i:02:p:233-253_00)
• Joint risk of DB pension underfunding and sponsor termination: incorporating option-based projections and valuations into PIMS
  Journal of Pension Economics and Finance, Cambridge University Press (2015)
  by Lucas, Deborah
  (ReDIF-article, cup:jpenef:v:14:y:2015:i:02:p:172-185_00)
• Market Frictions, Savings Behavior, And Portfolio Choice
  Macroeconomic Dynamics, Cambridge University Press (1997)
  by Heaton, John & Lucas, Deborah
  (ReDIF-article, cup:macdyn:v:1:y:1997:i:01:p:76-101_00)
• Portfolio Choice in the Presence of Background Risk
  Economic Journal, Royal Economic Society (2000)
  by Heaton, John & Lucas, Deborah
  (ReDIF-article, ecj:econjl:v:110:y:2000:i:460:p:1-26)
• The importance of investor heterogeneity and financial market imperfections for the behavior of asset prices
  Carnegie-Rochester Conference Series on Public Policy, Elsevier (1995)
  by Heaton, John & Lucas, Deborah
  (ReDIF-article, eee:crcspp:v:42:y:1995:i::p:1-32)
• The effects of incomplete insurance markets and trading costs in a consumption-based asset pricing model
  Journal of Economic Dynamics and Control, Elsevier (1992)
  by Heaton, John & Lucas, Deborah
  (ReDIF-article, eee:dyncon:v:16:y:1992:i:3-4:p:601-620)
• Price and interest rate dynamics induced by multiperiod contracts
  The North American Journal of Economics and Finance, Elsevier (1999)
  by Lucas, Deborah
  (ReDIF-article, eee:ecofin:v:10:y:1999:i:2:p:315-338)
• Bank portfolio choice with private information about loan quality : Theory and implications for regulation
  Journal of Banking & Finance, Elsevier (1987)
  by Lucas, Deborah & McDonald, Robert L.
  (ReDIF-article, eee:jbfina:v:11:y:1987:i:3:p:473-497)
• Foundations of the cash-in-advance model : A review essay
  Journal of Monetary Economics, Elsevier (1991)
  by Lucas, Deborah J.
  (ReDIF-article, eee:moneco:v:27:y:1991:i:3:p:487-493)
• Asset pricing with undiversifiable income risk and short sales constraints: Deepening the equity premium puzzle
  Journal of Monetary Economics, Elsevier (1994)
  by Lucas, Deborah J.
  (ReDIF-article, eee:moneco:v:34:y:1994:i:3:p:325-341)
• An options-based approach to evaluating the risk of Fannie Mae and Freddie Mac
  Journal of Monetary Economics, Elsevier (2006)
  by Lucas, Deborah & McDonald, Robert L.
  (ReDIF-article, eee:moneco:v:53:y:2006:i:1:p:155-176)
• Comment on "Global demographic trends and social security reform" by Orazio Attanasio, Sagiri Kitao, and Giovanni Violante
  Journal of Monetary Economics, Elsevier (2007)
  by Lucas, Deborah
  (ReDIF-article, eee:moneco:v:54:y:2007:i:1:p:199-204)
• Is mark-to-market accounting destabilizing? Analysis and implications for policy
  Journal of Monetary Economics, Elsevier (2010)
  by Heaton, John C. & Lucas, Deborah & McDonald, Robert L.
  (ReDIF-article, eee:moneco:v:57:y:2010:i:1:p:64-75)
• The student loan consolidation option
  Journal of Public Economics, Elsevier (2019)
  by Lucas, Deborah & Moore, Damien
  (ReDIF-article, eee:pubeco:v:174:y:2019:i:c:p:1-12)
• How Much Do Guarantees and Bailouts Cost the Government?
  Policy Hub, Federal Reserve Bank of Atlanta (2024)
  by Deborah Lucas
  (ReDIF-article, fip:a00068:99096)
• Who holds the toxic waste? An investigation of CMO holdings
  Policy Discussion Papers, Federal Reserve Bank of Cleveland (2007)
  by Joseph G. Haubrich & Deborah Lucas
  (ReDIF-article, fip:fedcpd:y:2007:i:jun:n:20)
• Stock prices and fundamentals
  Proceedings, Federal Reserve Bank of San Francisco (2000)
  by John Heaton & Deborah Lucas
  (ReDIF-article, fip:fedfpr:y:2000:i:apr:x:4)
• Who holds the toxic waste? an investigation of CMO holdings
  Proceedings, Federal Reserve Bank of Chicago (2006)
  by Joseph G. Haubrich & Deborah Lucas
  (ReDIF-paper, fip:fedhpr:1014)
• Commentary on \\"On asset-liability matching and federal deposit and pension insurance\\"
  Review, Federal Reserve Bank of St. Louis (2006)
  by Deborah Lucas
  (ReDIF-article, fip:fedlrv:y:2006:i:jul:p:331-336:n:v.88no.4)
• The Student Loan Consolidation Option
  Working Papers, Human Capital and Economic Opportunity Working Group (2008)
  by Deborah Lucas & Damien Moore
  (ReDIF-paper, hka:wpaper:2012-015)
• Evaluating the Costs of Government Credit Support Programs during COVID-19: International Evidence
  IMF Working Papers, International Monetary Fund (2023)
  by Mr. Gee Hee Hong & Deborah Lucas
  (ReDIF-paper, imf:imfwpa:2023/016)
• Journal of Money, Credit and Banking (RePEc:repec:mcb:jmoncb)
  from Blackwell Publishing as editor
• A "Barter" Theory of Bank Regulation and Credit Allocation: Comment
  Journal of Money, Credit and Banking, Blackwell Publishing (1994)
  by Lucas, Deborah
  (ReDIF-article, mcb:jmoncb:v:26:y:1994:i:3:p:706-09)
• Financial Intermediation and Monetary Policy in a General Equilibrium Banking Model: Comment
  Journal of Money, Credit and Banking, Blackwell Publishing (1995)
  by Lucas, Deborah J
  (ReDIF-article, mcb:jmoncb:v:27:y:1995:i:4:p:1316-19)
• An Editors' Comment on "Lessons from the JMCB Archive" by B.D. McCullough, Kerry Anne McGeary, and Teresa D. Harrison
  Journal of Money, Credit and Banking, Blackwell Publishing (2006)
  by Lam, Pok-sang & Lucas, Deborah J. & Ogaki, Masao & West, Kenneth D.
  (ReDIF-article, mcb:jmoncb:v:38:y:2006:i:4:p:1109)
• Valuing & Hedging: Defined Benefit Pension Obligations - The Role of Stocks Revisited
  Money Macro and Finance (MMF) Research Group Conference 2006, Money Macro and Finance Research Group (2007)
  by Deborah Lucas
  (ReDIF-paper, mmf:mmfc06:169)
• Technical Review Panel for the Pension Insurance Modeling System (PIMS)
  Working Papers, University of Michigan, Michigan Retirement Research Center (2013)
  by Olivia S. Mitchell & Christopher C. Geczy & Robert Novy-Marx & Raimond Maurer & Donald E. Fuerst & Christopher M. Bone & Donald J. Segal & Martin G. Clarke & Frank J. Fabozzi & Deborah Lucas & David F
  (ReDIF-paper, mrr:papers:wp290)
• Measuring and Managing Federal Financial Risk
  NBER Books, National Bureau of Economic Research, Inc (2010)
  by Deborah Lucas
  (ReDIF-book, nbr:nberbk:luca07-1)
• Stock Prices and Fundamentals
  NBER Chapters, National Bureau of Economic Research, Inc (2000)
  by John Heaton & Deborah Lucas
  (ReDIF-chapter, nbr:nberch:11048)
• Understanding Stock Price Behavior around the Time of Equity Issues
  NBER Chapters, National Bureau of Economic Research, Inc (1990)
  by Robert A. Korajczyk & Deborah Lucas & Robert L. McDonald
  (ReDIF-chapter, nbr:nberch:11475)
• A Fair Value Approach to Valuing Public Infrastructure Projects and the Risk Transfer in Public-Private Partnerships
  NBER Chapters, National Bureau of Economic Research, Inc (2020)
  by Deborah Lucas & Jorge Jimenez Montesinos
  (ReDIF-chapter, nbr:nberch:14364)
• Comment on "Inflation's Impact on American Households" 2
  NBER Chapters, National Bureau of Economic Research, Inc (2024)
  by Deborah J. Lucas
  (ReDIF-chapter, nbr:nberch:14990)
• Introduction to "Measuring and Managing Federal Financial Risk"
  NBER Chapters, National Bureau of Economic Research, Inc (2010)
  by Deborah Lucas
  (ReDIF-chapter, nbr:nberch:3035)
• Guaranteed versus Direct Lending: The Case of Student Loans
  NBER Chapters, National Bureau of Economic Research, Inc (1975)
  by Deborah Lucas & Damien Moore
  (ReDIF-chapter, nbr:nberch:3038)
• The Cost of Risk to the Government and Its Implications for Federal Budgeting
  NBER Chapters, National Bureau of Economic Research, Inc (1975)
  by Deborah Lucas & Marvin Phaup
  (ReDIF-chapter, nbr:nberch:3039)
• Valuing Government Guarantees: Fannie and Freddie Revisited
  NBER Chapters, National Bureau of Economic Research, Inc (2010)
  by Deborah Lucas & Robert McDonald
  (ReDIF-chapter, nbr:nberch:3041)
• External Financing and Insurance Cycles
  NBER Chapters, National Bureau of Economic Research, Inc (1998)
  by Anne Gron & Deborah J. Lucas
  (ReDIF-chapter, nbr:nberch:6937)
• Bank Portfolio Choice with Private Information About Loan Quality: Theory and Implications for Regulation
  NBER Working Papers, National Bureau of Economic Research, Inc (1987)
  by Deborah Lucas & Robert L. McDonald
  (ReDIF-paper, nbr:nberwo:2421)
• Bank Financing and Investment Decisions with Asymmetric Information
  NBER Working Papers, National Bureau of Economic Research, Inc (1987)
  by Deborah Lucas & Robert L. McDonald
  (ReDIF-paper, nbr:nberwo:2422)
• The Effect of Information Releases on the Pricing and Timing of Equity Issues: Theory and Evidence
  NBER Working Papers, National Bureau of Economic Research, Inc (1988)
  by Robert A. Korajczyk & Deborah Lucas & Robert McDonald
  (ReDIF-paper, nbr:nberwo:2727)
• The Variability of Velocity in Cash-In-Advance Models
  NBER Working Papers, National Bureau of Economic Research, Inc (1989)
  by Robert J. Hodrick & Narayana Kocherlakota & Deborah Lucas
  (ReDIF-paper, nbr:nberwo:2891)
• Equity Issues and Stock Price Dynamics
  NBER Working Papers, National Bureau of Economic Research, Inc (1989)
  by Deborah J. Lucas & Robert L. McDonald
  (ReDIF-paper, nbr:nberwo:3169)
• Understanding Stock Price Behavior around the Time of Equity Issues
  NBER Working Papers, National Bureau of Economic Research, Inc (1989)
  by Robert A. Korajczyk & Deborah J. Lucas & Robert L. McDonald
  (ReDIF-paper, nbr:nberwo:3170)
• Evaluating the Effects of Incomplete Markets on Risk Sharing and Asset Pricing
  NBER Working Papers, National Bureau of Economic Research, Inc (1993)
  by John Heaton & Deborah Lucas
  (ReDIF-paper, nbr:nberwo:4249)
• External Financing and Insurance Cycles
  NBER Working Papers, National Bureau of Economic Research, Inc (1995)
  by Anne Gron & Deborah Lucas
  (ReDIF-paper, nbr:nberwo:5229)
• Evaluating the cost of government credit support: the Oecd context
  [Existence of an equilibrium for a competitive economy]
  Economic Policy, CEPR, CESifo, Sciences Po;CES;MSH (2014)
  by Deborah Lucas
  (ReDIF-article, oup:ecpoli:v:29:y:2014:i:79:p:553-597.)
• The Effect of Information Releases on the Pricing and Timing of Equity Issues
  The Review of Financial Studies, Society for Financial Studies (1991)
  by Korajczyk, Robert A & Lucas, Deborah J & McDonald, Robert L
  (ReDIF-article, oup:rfinst:v:4:y:1991:i:4:p:685-708)
• Modeling the Macro-Effects of Sustained Fiscal Policy Imbalances: How Much Does Rationality Matter?
  Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics (2003)
  by Deborah Lucas
  (ReDIF-article, red:issued:v:6:y:2003:i:4:p:789-805)
• Evaluating the government as a source of systemic risk
  Journal of Financial Perspectives, EY Global FS Institute (2014)
  by Lucas, Deborah
  (ReDIF-article, ris:jofipe:0048)
• Bank Financing and Investment Decisions with Asymmetric Information about Loan Quality
  RAND Journal of Economics, The RAND Corporation (1992)
  by Deborah J. Lucas & Robert L. McDonald
  (ReDIF-article, rje:randje:v:23:y:1992:i:spring:p:86-105)
• Measuring and Managing Federal Financial Risk
  National Bureau of Economic Research Books, University of Chicago Press (2010)
  by
  (ReDIF-book, ucp:bknber:9780226496580)
• Evaluating the Effects of Incomplete Markets on Risk Sharing and Asset Pricing
  Journal of Political Economy, University of Chicago Press (1996)
  by Heaton, John & Lucas, Deborah J
  (ReDIF-article, ucp:jpolec:v:104:y:1996:i:3:p:443-87)
• The Variability of Velocity in Cash-in-Advance Models
  Journal of Political Economy, University of Chicago Press (1991)
  by Hodrick, Robert J & Kocherlakota, Narayana R & Lucas, Deborah
  (ReDIF-article, ucp:jpolec:v:99:y:1991:i:2:p:358-84)
• Policy Rx for the Economy: Cash or Credit?
  World Scientific Book Chapters, World Scientific Publishing Co. Pte. Ltd. (2021)
  by Deborah Lucas
  (ReDIF-chapter, wsi:wschap:9789811229381_0010)
• Comments on “Where Do We Go from Here?”
  World Scientific Book Chapters, World Scientific Publishing Co. Pte. Ltd. (2011)
  by Deborah J. Lucas
  (ReDIF-chapter, wsi:wschap:9789814322096_0031)