Research
Published Papers
"Lending Relationships and Optimal Monetary Policy" (2021) with Guillaume Rocheteau, Russell Wong, Cathy Zhang - forthcoming at the Review of Economic Studies
"Frictional Goods Markets: Theory and Applications" (2020) joint with Michael Choi and Randall Wright. Review of Economic Studies.
"Asset Issuance in Over-the-Counter Markets" (2019) joint with Bruno Sultanum and Nicholas Trachter. Review of Economic Dynamics
"Indeterminacy in Credit Economies" (2018) joint with Guillaume Rocheteau & Tai-Wei Hu. Journal of Economic Theory.
"Optimal Credit Fluctuations" (2018) joint with Guillaume Rocheteau & Tai-Wei Hu. Review of Economic Dynamics.
"Aggregate Unemployment and Household Unsecured Debt" (2015) joint with Guillaume Rocheteau & Peter Rupert. Review of Economic Dynamics
Working Papers
"COVID-19 Infection Externalities: Trading Off Lives versus Livelihoods" (2020) with Anton Korinek
"An Information-Based Theory of Financial Intermediation" (2018) joint with Bruno Sultanum and Nicholas Trachter. - Conditionally Accepted at the Review of Economic Studies
"Private Information in Over-the-Counter Markets" (2016) joint with Bruno Sultanum and Nicholas Trachter - new draft available soon
"Consumer Credit, Unemployment, and Aggregate Labor Market Dynamics" (2015)
Works in Progress
"Unemployment, Aggregate Demand, and the Distribution of Liquidity" joint with Guillaume Rocheteau
"Information Diffusion and Endogenous Network Formation"
Other Work
"Inefficiency in a Simple Model of Production and Bilateral Trade" (2018) joint with Bruno Sultanum and Nicholas Trachter. Federal Reserve Bank of Richmond Economic Quarterly.
"Dynamic Indeterminacy and Welfare in Credit Economies" (2014) joint with Guillaume Rocheteau & Tai-Wei Hu Older working paper that was split into "Optimal Credit Fluctuations" and "Indeterminacy in Credit Economies".
"How Severe is the 'Great Recession'?: A Note on Assessing Business Cycles" (2012) joint with Tom Cooley & Peter Rupert