Research
Publications
Concentration and Geographic Proximity in Antitrust Policy: Evidence from Bank Mergers
with David Benson, Samuel Blattner, Serafin Grundl, and Ken Onishi, 2023. (Forthcoming, AEJ-Micro)
Intermediation Frictions in Debt Relief: Evidence from CARES Act Forbearance (2024) Journal of Financial Economics
with Donghoon Lee, Tess Scharlemann, and James Vickery
Cheapest-to-Deliver Pricing, Optimal MBS Securitization, and Welfare Implications (2023) Journal of Financial Economics
with Yesol Huh
Nonbanks and Mortgage Securitization (2022) Annual Review of Financial Economics
with Karen Pence, Richard Stanton, Johan Walden, and Nancy Wallace
The Real Effects of the Secondary Market Trading Structure: Evidence from the Mortgage Market (2022) Review of Financial Studies
with Yesol Huh.
The Marginal Effect of Government Mortgage Guarantees on Homeownership (2021). Journal of Monetary Economics
with Serafin Grundl.
Consumer Mistakes and Advertising: The Case of Mortgage Refinancing (2019). Quantitative Marketing and Economics
with Serafin Grundl.
Liquidity Crises in the Mortgage Market (2018). Brookings Papers on Economic Activity
with Steven M. Laufer, Karen Pence, Richard Stanton, and Nancy Wallace.
Advertising and Risk Selection in Health Insurance Markets (2018). American Economic Review
with Naoki Aizawa.
Working Papers
with Naoki Aizawa, 2023. (Conditionally Accepted: AEJ-Policy)
Nonbank Issuers and Mortgage Credit Supply
with David Benson and Karen Pence, 2024.
Inactive Working Papers
Tricks of the Trade? Pre-Issuance Price Maneuvers by Underwriter-Dealers
with Jun Kyung Auh and Mattia Landoni, 2019.
The Dynamics of Adjustable-Rate Subprime Mortgage Default: A Structural Estimation
with Hanming Fang and Wenli Li, 2015