PUBLICATIONS

Emergence of Subprime Lending in Minority Neighborhoods Link (with Swapnil Singh)  accepted in Real Estate Economics

Bowling Alone, Buying Alone: The Decline of Co-Borrowers in the US Mortgage Market (with Swapnil Singh, Journal of Housing Economics,  2022) Column on VoxEU 

The Macroeconomics of Carry Trade Gone Wrong: Corporate and Consumer Losses in Emerging Europe (with Sweder van Wijnbergen, Economics of Transition and Institutional Change, 2021)

WORKING PAPERS

Output and Welfare Gains from Non-Recourse Mortgages: the Role of General Equilibrium Effects. Link

Unclogging the Credit Channel: On the Macroeconomics of Bank Frictions Link (with Sweder van Wijnbergen)

Debt Overhang and the Macroeconomics of Carry Trade Link (with Sweder van Wijnbergen)

POLICY PAPERS

Mortgage Foreclosure Risk After the Great Recession Link to the working paper  (with Swapnil Singh)