NON-PEER REVIEWED PUBLICATIONS
Sabrina T. Howell
My research and teaching focus on entrepreneurial finance, innovation, fintech, private equity, and China. I am a Research Associate at the National Bureau of Economic Research, a Fellow at the Asian Bureau of Finance and Economic Research, and a Research Fellow at the Institute for Private Capital.
I serve as an Associate Editor for the Review of Financial Studies and the Review of Corporate Finance Studies.
Please click on the underlined titles below to view the papers.
1. "Local Journalism under Private Equity Ownership." With Michael Ewens and Arpit Gupta. 2022.
R&R at the Journal of Financial Economics.
2. "Does Private Equity Investment in Healthcare Benefit Patients? Evidence from Nursing Homes." With Atul Gupta, Constantine Yannelis, and Abhinav Gupta. 2021. R&R at the Review of Financial Studies.
Best Paper Prize in Finance and Health at the 2021 MFA
3. “Do Employees Cheer for Private Equity? The Heterogeneous Effects of Buyouts on Job Quality.” With Gornall, Will, Oleg Gredil, Xing Liu, and Jason Sockin. 2021. R&R at Management Science.
4. "All Clear for Takeoff: Evidence from Airports on the Effects of Infrastructure Privatization." With Yeejin Jang, Hyeik Kim, and Michael S. Weisbach. 2022.
5. "Opening up Military Innovation: Causal Effects of ‘Bottom-Up’ Reforms to U.S. Defense Research " With Jason Rathje, John Van Reenen and Jun Wong. 2021.
WRDS Award for Best Empirical Finance Paper at the WFA 2021
Video presentation at AFWERX Accelerate here.
1. "Mechanisms and Impacts of Innovation Policy." NBER Reporter. December, 2022.
2. "How Resilient is Venture-Backed Innovation? Evidence from Four Decades of US Patenting." With Josh Lerner, Ramana Nanda, and Richard Townsend. 2020.
3. "Analysis of the U.S. Department of Energy’s Energy Efficiency & Renewable Energy and Fossil Energy SBIR Programs." U.S. Department of Energy Report. Press release here. 2019.
4. “Leapfrogging or Stalling Out? Electric Vehicles in China.” With Henry Lee and Adam Heal. Discussion Paper, Belfer Center for Science and International Affairs, Harvard Kennedy School. 2014.
5. “Pathways for Reducing Oil Consumption in the U.S.” Carbon War Room & Fuel Freedom Foundation Research Report. 2013.
6. “Jia You! (Add Oil!): Chinese Energy Security Strategy.” In Luft, Gal and Anne Korin, eds. Energy Security Challenges for the 21 Century. California: Praeger Publishing. 2009.
7. “An Assessment of the Robustness of Visual Air Quality Preference Study Results.” With Anne E. Smith. Environmental Protection Agency Clean Air Scientific Advisory Committee (EPA CASAC) Particulate Matter Review, Public Comments, March 30. 2009.
1. "Cutting the Innovation Engine: How Federal Funding Shocks Affect University Patenting, Entrepreneurship, and Publications." With Tania Babina, Alex He, Elisabeth Perlman, and Joseph Staudt. 2022. The Quarterly Journal of Economics.
NYU Stern Yuki Arai Faculty Award for Best Paper in Finance 2021.
2. "Investor Tax Credits and Entrepreneurship: Evidence from U.S. States." With Matthew Denes, Filippo Mezzanotti, Xinxin Wang, and Ting Xu. 2022. Forthcoming at The Journal of Finance.
4. "Do Cash Windfalls Affect Wages? Evidence from R&D Grants to Small Firms." With J. David Brown. 2022. The Review of Financial Studies.
5. "Entrepreneurial Spillovers from Corporate R&D." With Tania Babina. 2022. Forthcoming at the Journal of Labor Economics.
Honorable Mention, Yuki Arai Faculty Research Prize for Finance, 2018
6. "Networking Frictions in Venture Capital, and the Gender Gap in Entrepreneurship." With Ramana Nanda. 2022. Forthcoming at the Journal of Financial and Quantitative Analysis.
Private Equity and Venture Capital Tuck School of Business Award at the 2020 MFA
7. “Reducing Information Frictions in Venture Capital: The Role of New Venture Competitions.” 2020.
The Journal of Financial Economics. 136 (3).
8. "When Investor Incentives and Consumer Interests Diverge: Private Equity in Higher Education." With Charlie Eaton and Constantine Yannelis. 2020. The Review of Financial Studies 33 (9).
Best Paper Prize at the 2018 UNC Private Equity Research Council Annual Symposium
9. "Initial Coin Offerings: Financing Growth with Cryptocurrency Token Sales." With Marina Niessner and David Yermack. 2020. The Review of Financial Studies 33 (9). Lead Article & Editor's Choice.
10. "IPO Intervention and Innovation: Evidence from China.” With Lin William Cong. 2021.
11. "Learning from Feedback: Evidence from New Ventures.” 2021. Review of Finance 25. Lead Article & Editor's Choice.
12. "Firm Type Variation in the Cost of Risk Management.” 2020. The Journal of Corporate Finance 64.
13. “Joint Ventures and Technology Adoption: A Chinese Industrial Policy that Backfired.” 2018. Research Policy 47(8).
14. “Financing Innovation: Evidence from R&D Grants.” 2017. The American Economic Review 107 (4).
15. “Plugging Cars into the Grid: Why the Government Should Make a Choice.” With Minsk, Ronald E., Sam P. Ori. 2009. Energy Law Journal 30(2).