Research
Working Papers
- Measuring Climate Transition Risk at the Regional Level with an Application to Community Banks (with Mitchell Berlin, SungJe Byun, and Pablo D'Erasmo)
- Funding Liquidity Creation by Banks (with Anjan Thakor)
Using High-Frequency Evaluations to Estimate Disparate Treatment: Evidence from Mortgage Loan Officers (with Marco Giacoletti and Rawley Heimer)
WRDS Best Paper in Financial Intermediation at the Midwest Finance Association70th Annual Meeting
- The FOMC Cycle and Consumer Decision Making: Evidence from the Residential Housing Market (with Marco Giacoletti and Rodney Ramcharan)
Journal Publications
- The Pass-Through of Uncertainty Shocks to Households (with Marco Di Maggio, Amir Kermani, Rodney Ramcharan, and Vincent Yao), Journal of Financial Economics, vol. 145 (1), pages 85-104, 2022.
Journal of Financial Economics Fama DFA prize for Best Paper in Asset Pricing, 2nd Place
- Real Estate Taxes and Home Value: Evidence from TCJA (with Wenli Li), Review of Economic Dynamics, vol. 43, pages 125-151, 2022.
- The Effects of Competition in Consumer Credit Markets (with Stefan Gissler and Rodney Ramcharan), Review of Financial Studies, vol. 33 (11), pages 5378-5415, 2020.
Douglas D. Evanoff Best Paper Award at the Chicago Financial Institutions Conference 2019
Paper for Most Significant Contribution to Banking Policy at the 2018 Community Banking Conference
- Concentration of Control Rights in Leveraged Loan Syndicates (with Mitchell Berlin and Gregory Nini), Journal of Financial Economics, vol. 137 (1), pages 249-271, 2020. [Online Appendix]
- Dynamic Market Participation and Endogenous Information Aggregation, Journal of Economic Theory, vol. 175, pages 491-517, 2018. [Online Appendix]
- The Impact of Unconventional Monetary Policy on Firm Financing Constraints: Evidence from the Maturity Extension Program (with Nathan Foley-Fisher and Rodney Ramcharan), Journal of Financial Economics, vol. 122(2), pages 409-429, 2016. [Online Appendix] [Bloomberg] [Brookings Round Up]
BankScope Prize for best banking paper at the 28th Australasian Finance and Banking Conference
- The (Un)importance of Mobility in the Great Recession (with
Siddharth Kothari and Itay Saporta-Eksten), Review of Economic Dynamics, vol. 16(3), pages 553-563, 2013. [Online Appendix]
Other Publications
- Discrimination in Mortgage Markets, Economic Insights, Q1, pages 2-8, 2022
Do Stress Tests Reduce Credit Growth? Economic Insights, Q1, pages 1-7, 2020
- Measuring Cov-Lite Right, Economic Insights, Q3, pages 1-9, 2018
Did Quantitative Easing Work? Some Evidence and Theory, Economic Insights, Q1, pages 5-13, 2016