I am a principal economist in the Division of Financial Stability at the Board of Governors of the Federal Reserve System in Washington, D.C.

I hold a DPhil in Financial economics from the University of Oxford.


My Google scholar profile is here

My Federal Reserve Board website is here.

Latest research:

**NEW

"Designing a Main Street Lending Facility"

FEDS WP 2020-052 [Paper]

"Financial Amplification of Labor Supply Shocks", with Nina Biljanovska

IMF WP 20/189 [Paper]

"Banks, Non-banks, and Lending Standards", with Matt Darst and Ehraz Refayet

FEDS WP 2020-086 [Paper]

**Somewhat older

"Collateral Runs", with Sebastian Infante. FEDS WP 2018-022

Accepted in Review of Financial Studies [Paper] [Slides] [Poster]

"Optimal Macroprudential Policy and Asset Price Bubbles", with Nina Biljanovska and Lucyna Gornicka

New version coming soon!! IMF WP 19/184 [Paper] [Slides]

"Optimal Bank Regulation in the Presence of Credit and Run Risk", with Anil Kashyap and Dimitri Tsomocos.

NBER WP 26689 [Paper] [Slides] [Older WP]