Thomas J. Brennan

Thomas J. Brennan

Thomas J. Brennan


Research


Papers:

Dynamic Loss Probabilities and Implications for Financial Regulation Yale Journal on Regulation (forthcoming, 2014) (Co-authored with Andrew W. Lo)

Law and Finance: The Case of Constructive Sales 5 Annual Review of Financial Economics 259-276 (November 2013)

An Evolutionary Model of Bounded Rationality and Intelligence 7 PLoS ONE e50310 (November 2012) (Co-authored with Andrew W. Lo)

Do Labyrinthine Legal Limits on Leverage Lessen the Likelihood of Losses? An Analytical Framework 90 Texas Law Review 1775-1810 (June 2012) (Co-authored with Andrew W. Lo)

The Origin of Behavior, 1 Quarterly Journal of Finance 55-108 (March 2011) (Co-authored with Andrew Lo)

Impossible Frontiers, 56 Management Science 905-923 (June 2010) (Co-authored with Andrew Lo)

What Happens After a Holiday?: Long-Term Effects of the Repatriation Provision of the AJCA 5 Northwestern Journal of Law and Social Policy 1-18 (Spring 2010)

Political Economy of Judging, 93 Minnesota Law Review 1503-1534 (May 2009) (Co-authored with Lee Epstein and Nancy Staudt).

Economic Trends and Judicial Outcomes: A Macrotheory of the Court, 58 Duke Law Journal 1191-1230 (April 2009) (Co-authored with Lee Epstein and Nancy Staudt).

Measuring the Tax Subsidy in Private Equity and Hedge Fund Compensation, 60 Hastings Law Journal 27-59 (November 2008) (Co-authored with Karl S. Okamoto).


Works in Progress:

Where the Money Really Went: A New Understanding of the AJCA Tax Holiday (under review)

The Price of a Tax

Smooth Retirement Accounts

Deconstructing the Taxation of Packaged Financial Strategies (with Bob McDonald)

Perils of Partial Mark-to-Market Taxation

Taxing Departures from the Brownian Bridge

Cash-Flow and Market Response to Repatriation