Research

Publications

Input Specificity and the Propagation of Idiosyncratic Shocks in Production Networks

Quarterly Journal of Economics, 2016, Volume131, Issue 3, Pages 1543-1592, with Julien Sauvagnat (Bocconi)

Investor Horizon and the Life Cycle of Innovative Firms: Evidence from Venture Capital

Management Science, 2017, Volume 63, Issue 9, Pages 2773-3145

Trade Credit and Industry Dynamics: Evidence from Trucking Firms

Journal of Finance, 2016, Volume 71, Issue 5, Pages 1975–2016, Winner of the Brattle Group Distinguished Paper Prize

Are Retail Traders Compensated for Providing Liquidity?

Journal of Financial Economics, 2016, Volume 120, Issue 1, Pages 146-168 , with Ron Kaniel (University of Rochester) and David Sraer (Berkeley)

The Globalization Risk Premium

Forthcoming, Journal of Finance, with Erik Loualiche (MIT) and Julien Sauvagnat (Bocconi)


Working papers

Can Paying Firms More Quickly Affect Aggregate Employment?

Revise and Resubmit, Journal of Finance, with Ramana Nanda (Harvard)

Import Competition and Household Debt

with Erik Loualiche (MIT), Matthew Plosser (NY Fed) and Julien Sauvagnat (Bocconi) , Best paper in Corporate Finance at the SFS Finance Cavalcade