Research

Working Papers

• Funding Fragility And Commercial Bank Failures (sole author)

• Commercial Bank Failures During The Great Recession: The Real (Estate) Story (sole author)

• Population Growth, Building, and Banking (sole author)

Publications

Economics and Finance

• Monetary Easing And The Lending Concentration Channel Of Monetary Policy Transmission, sole author,  Journal of Banking and Finance, 133 (106301) (2021)

• Liquidity Risk and the Credit Crunch of 2007-2008: Evidence From Micro-Level Data on Mortgage Loan Applications, sole author,  Journal of Financial and Quantitative Analysis, 51(6), pp. 1795–1822 (2016)

• No Free Shop: Why Target Companies Sometimes Choose Not to Buy ‘Go Shop’ Options, with Charles W. Calomiris and Donna M. Hitscherich, Journal of Economics and Business, 88, pp. 36-64 (2016) [Press: Wall Street Journal, Financial Times] 

Policy

• Securitisations: tranching concentrates uncertainty, with Nikola Tarashev, BIS Quarterly Review, December (2014) [Press: Financial Times, Reuters]

Machine Learning

• Machine Learning for Adversarial Agent Microworlds, with J. Scholz, B. Hengst, G. Calbert, P. Smet, L. Marsh, H-W. Kwok, D. Gossink, MODSIM'05 Melbourne Australia, December (2005)

• Pursuit-Evasion Strategies for Teams of Multiple Agents with Incomplete Information, with H. Jin Kim and Shankar Sastry, IEEE Conference on Decision and Control, December (2003)