David Schoenherr is an Associate Professor of Finance at Seoul National University. He obtained his Ph.D. in Finance from London Business School in 2017, and joined SNU Business School in September 2023. Prior to joining SNU, he was an Assistant Professor in Economics at Princeton University. He is an applied micro economist and his research focuses on Corporate Finance, Development Economics, Labor Economics, and Political Economy. His work has been published in the Journal of Political Economy, Journal of Finance, Review of Financial Studies, and the Journal of Financial Economics, among others. He received the Brattle Group Distinguished Paper Award in 2019. He teaches Corporate Finance and Topics in Finance to undergraduate and graduate students.

[Publications]
1. Strategic Formal Layoffs: Unemployment Insurance and Informal Labor Markets (with B. Doornik and J. Skrastins) American Economic Journal: Applied Economics, 2023, 15(1), 292-318

2. When Should Bankruptcy Law Be Creditor- or Debtor-Friendly? Theory and Evidence (with J. Starmans) Journal of Finance, 2022, 77(5), 2669-2717

3. Unemployment Insurance as a Subsidy to Risky Firms (with B. Doornik, D. Fazio, and J. Skrastins) Review of Financial Studies, 2022, 35(12), 5535-5595

4. The Rise of a Network: Spillover of Political Patronage and Cronyism to the Private Sector (with T. Moon) Journal of Financial Economics, 2022, 145(3), 970-1005

5. Political Connections and Allocative Distortions Journal of Finance, 2019, 74(2), 543-586

6. Rent-Seeking in Elite Networks (with R. Haselmann and V. Vig) Journal of Political Economy, 2018, 126(4), 1638-1690

7. Financial Distress, Stock Returns, and the 1978 Bankruptcy Reform Act (with D. Hackbarth and R. Haselmann) Review of Financial Studies, 2015, 28(6), 1810-1847

[Working Papers]
1. Financial Access and Labor Market Outcomes: Evidence from Credit Lotteries (with B. Doornik, A. Gomes, and J. Skrastins)
Revise & Resubmit, American Economic Review

2. Tell Me Your Type: Information Asymmetry and Credit Allocation Through Consorcios (with B. Doornik, M. Farboodi, and J. Skrastins)

3. The Economics of Legal Uncertainty (with J. Lee, and J. Starmans)

4. Escaping Violent Death: Access to Credit and Female Mortality (with B. Doornik, and J. Skrastins)