Research

Work in Progress

The Soft Carbon Budget Problem (with Philipp Koenig and Vincent Maurin)

Shadow Banks and Central Bank Liquidity (with Dong Beom Choi, Philipp Koenig and Tanju Yorulmazer)

Working Papers

Resolution Design and Investment in Banking Groups (with Albert Banal-Estanol and Gyoengyi Loranth)

R&R at the Journal of Financial and Quantitative Analysis

Publications

The Leverage Effect of Bank Disclosures* (with Philipp Koenig and Christian Laux)

Forthcoming in the Accounting Review

Media: Columbia Law School Blog, SUERF Policy Brief

Optimal Timing of Policy Interventions in Troubled Banks* (with Philipp Koenig and Paul Mayer)

Journal of Financial Intermediation (Vol. 60, October 2024)

Media: SUERF Policy Brief

Safe but Fragile: Information Acquisition, Liquidity Support and Redemption Runs** (with Philipp Koenig)

Journal of Financial Intermediation (Vol. 52, October 2022)

Occupational Segregation and the (Mis)allocation of Talent

Scandinavian Journal of Economics (Vol. 120, January 2018)

Too Much of a Good Thing: A Theory of Short-Term Debt as a Sorting Device (with Philipp Koenig)

Journal of Financial Intermediation (Vol. 26, April 2016)