Recent Publications
“Bank Failures, Capital Buffers and Exposure to the Housing Market Bubble” (with Cindy Vojtech) - Real Estate Economics Journal, Volume 52, Issue 6, Pages 1470-1505, November 2024
"Policy Uncertainty and Bank Mortgage Credit" (with Youngsuk Yook) Journal of Money, Credit and Banking, Volume 55, Issue 4, Pages 783-823, June 2023
"Bank Regulation under Fire Sale Externalities" (with Mehmet Ozsoy) Review of Financial Studies, Volume 33, Issue 6, June 2020, Pages 2554–2584.
"Systemic Risk, International Regulation, and the Limits of Coordination," Journal of International Economics, vol. 99, pp. 192–222, March 2016.
Working Papers
"Bank Capital Regulations around the World: What Explains the Differences?"
Finance and Economics Discussion Series 2016-057. Washington: Board of Governors of the Federal Reserve System
Work in Progress
Fintech Lending in Mortgage Market and Monetary Policy Transmission (Boris Hofmann and Gene Kang)
Do Banks Price Flood Risk in Mortgage Originations? Evidence from a Natural Experiment in New Orleans (with David Arseneau and Marcus Dockerty)
Policy Papers/Notes
"Household and Business Debt: A Fire-Sale Risk Analysis" (with Fang Cai, Gene Kang, Nathan Swem, and Filip Zikes)
FEDS Notes 2021-02-01. Board of Governors of the Federal Reserve System (U.S.).
"Taxonomy of Studies on Interconnectedness" (with Mary Tian and Margaret Yellen)
FEDS Notes 2015-07-31. Board of Governors of the Federal Reserve System (U.S.).
"Credit-to-GDP Trends and Gaps by Lender- and Credit-type" (with William F. Bassett, Ainsley Daigle, Rochelle Mary Edge)
FEDS Notes 2015-12-03. Board of Governors of the Federal Reserve System (U.S.).
Disclaimer: The views expressed here are do not necessarily reflect the views of the Board of Governors or the Federal Reserve System.