Published/Accepted Papers

• Contagion in Debt and Collateral Markets (with Grace Chuan) [Bloomberg] [WP version] Journal of Monetary Economics, November 2024, Vol. 148, 103600.

• On the Anatomy of Cyberattacks (with Kartik Jayachandran, Carlos Ramírez, and Ali Tintera) [WP version] Economics Letters, May 2024, Vol. 238, 111676.

Working Papers

• Collateralized Debt Networks with Lender Default [Online Appendix] reject and resubmit at Management Science

• Increasing Costs, Market Shutdowns, and Non-Exclusive Competition (with Matt Darst) [FEDS WP version] under revision (previously circulated under the title "Moldy Lemons and Market Shutdowns")

• Deposit Stability in Uncertain Times: Evidence from the 1918 Influenza Pandemic (with Haelim Anderson and Adam Copeland) [FEDS WP version] 

• Information Externalities, Funding Liquidity, and Fire Sales (with Levent Altinoglu)

• Financial Stability Implications of CBDC (with Francesca Carapella, Sebastian Infante, Melissa Leistra, Arazi Lubis, and Alexandros Vardoulakis) under review

Work in Progress

• Rewiring Repo (with Elizabeth Klee and Vladimir Yankov) draft coming soon

• Large Banks' Counterparty Exposures in Derivative Markets (with Shawn Kimble, Teodora Paligorova, and Filip Zikes) draft coming soon

• Settlement Speed in Payment Systems (with Agostino Capponi)

• Equilibrium Investment Distortions with Adverse Selection

• Dynamic Trading in a Decentralized Market: A Mechanism Design Approach (with Dongkyu Chang)

• Reputation and Matching with Risk Choice: Theory and Estimation of Venture Capital Market (with Jeff Qiu)

• Collateral (Re)use and Financial Stability (with Grace Chuan) 

• Privately Public Information Sharing

• Entry and Exit of Intervention

Conference organization

• Third Conference on the Interconnectedness of Financial Systems, March 28 and 29, 2024.

• Second Conference on the Interconnectedness of Financial Systems, December 2 and 3, 2021.