Research
Publications and Accepted Papers
"Pricing of Climate Risk Insurance: Regulatory Frictions and Cross-Subsidies"
Joint with Sangmin S. Oh (Chicago Booth) and Ishita Sen (Harvard Business School)
Conditional Acceptance - Journal of Finance
Link to current version on SSRN here
European Finance Association Meeting, Best Paper Prize in Responsible Finance, 2022
E-Axes Prize Winner, 2023
Research Fellowship, Center of Insurance Policy, NAIC, 2021
Presentations: Cornell University, UNC Kennan-Flagler, UVA Darden, University of Geneva (GFRI, Swiss Finance Institute), Federal Reserve Bank of Philadelphia, American University, Temple University, Florida State University
Selected for: NBER SI Corporate Finance 2022*, NBER Insurance Working Group Meeting Fall 2021, AFA 2023, SITE 2021 - Housing and Urban Economics*, FIRS 2022, SFS Cavalcade 2022, EFA 2022, AREUEA meeting 2022, NY Fed/ NYU Financial Intermediation Conference*, UNC CREDA 2021, BFI Women in Empirical Micro 2022, NFA 2022, ABFER 2021, FRB Philadelphia Consumer Finance Round Robin 2021, World Risk and Insurance Economics Congress 2021, EEA 2021 , AREUEA Int'l*, SFA 2021, GRASFI 2021
Media Coverage: New York Times, HBS Working Knowledge, Financial Times, Regulatory Review, Green Central Banking, Insurance Business Magazine, Real Reform Louisiana, Yahoo, Wall Street Journal, CNN, Daily Mail (UK), CNBC
* presentation by a coauthor
Working Papers
"When Insurers Exit: Climate Losses, Fragile Insurers and Mortgage Markets"
Revise and Resubmit - Quarterly Journal of Economics
Link to current version on SSRN here
Selected for: NBER Summer Institute Corporate Finance 2024*, NBER Insurance Working Group 2024, NBER Innovative Data in Household Finance 2023*, SITE 2024, WFA 2024, AFA 2025, Adam Smith Workshop*, SFS Cavalcade 2024*, ASU Sonoran Winter Conference 2024, MIT Sloan Finance Juniors Conference*, Baruch College Conference on Climate Finance and ESG*, MFA 2024*, EFA 2024, Freddie Mac Climate Risk Seminar, FHFA Seminar, NYU / NY Fed Summer Climate Conference 2024*
Presentations: Chicago Booth, ASU, FRB Chicago, UVA Darden, U.S. Treasury, FHFA, University of Iowa, Reichman University
Media coverage: Inside Mortgage Finance, The Tampa Bay Times (1), The Insurance Journal, Newsweek, Bloomberg, Cheddar News, GovTech, Insurance Business Magazine, The Tampa Bay Times (2), S&P Global Market Intelligence, Politico Energy & Environment, Miami Herald, Law360, New York Times, Matt Levine - Bloomberg Money Matters Blog, New York Times (2), Washington Post, New York Times (3), The Guardian , New Yorker, The American Prospect
Policy coverage: Senate Budget Committee Hearing, Ishita Sen's Senate Testimony, Congressional Letter to the NAIC, 2024 CBO Climate Report, 2024 FSOC Financial Stability Report, Congressional Letter to Fannie Mae, Treasury Federal Insurance Office 2025 Report on Climate and Insuran
"Climate Risk and the U.S. Insurance Gap: Measurement, Drivers and Implications"
Joint with Tess Scharlemann, Pari (Parinitha) Sastry (Columbia GSB) and Ishita Sen (Harvard Business School)
Invited for dual submission at the Review of Financial Studies
Link to current version on SSRN here.
Selected for: WFA 2025 (forthcoming), Cavalcade 2025 (forthcoming),Yale Juniors Finance Conference*; RFS-Oklahoma Climate Finance Conference*, Columbia SIPA - NY Fed Environmental Economics Conference*, Duke-UNC Corporate Finance Conference (forthcoming)
"The Revolving Door and Insurance Solvency Regulation"
Southern Finance Association Meeting, Outstanding Paper Award in Corporate Finance, 2021
World Risk and Insurance Economics Conference, Best Paper Award, 2020
Stigler Center PhD Dissertation Award and Bradley Fellowship, 2019
Presentations: University College London, Swedish House of Finance, Indiana University (Kelley School of Business), Federal Reserve Board, Boston University (Questrom School of Business), INSEAD, BI Norway, National University of Singapore Business School
Selected for: NBER SI Political Economics 2021, European Finance Association 2020, London Political Finance Conference 2020, 2021 USC Strategy & Business Environment Conference, World Risk and Insurance Economics Congress 2020, Money in Politics APSA Pre-Conference, Eastern Finance Association 2021 Meeting, Southern Finance Association 2021
Coverage: VoxEU, LSE Business Review
Link to current version on SSRN here
"Impact of Money in Politics on Labor and Capital: Evidence from Citizens United v. FEC"
Joint with Pat Akey (University of Toronto), Tania Babina (Columbia GSB), Greg Buchak (Stanford GSB)
Link to current version on SSRN here
Selected for: WFA 2023*, AFA 2023, ASU Sonoran Winter Conference 2022*, European Finance Association 2022, Columbia Women in Finance 2022*, 17th Annual Early Career Women in Finance Conference 2022, CICF 2022
Presentations: University of South Carolina
* presentation by a coauthor
"Is Corporate Charitable Giving a Form of Indirect Political Donation?"
Link to current version here
Selected Work in Progress
"The Role of Institutional Ownership in the Allocation of Climate Infrastructure" - Joint with Sijia Fan (Cornell) and Kelly Posenau (Cornell)
Selected for: Oxford Sustainable Private Markets Conference, NYU WAPFIN*
"The Fragility of a Post-Insolvency Funded Guaranty System" - Joint with Ishita Sen (Harvard Business School)
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