Research

1. Intermediary Asset Pricing in Over-the-Counter Markets with Lars-Alexander Kuehn and Shengxing Zhang

• Presentations: Carnegie Mellon Finance Brown Bag, DSE 2026 Conference on Dynamic Finance and Banking, Federal Reserve Board of Governors Financial Intermediation Brown Bag

2. Leveraging the Fed: Monetary Policy and Hedge Fund Performance with Ayelen Banegas and William Kennedy

• Presentations: Federal Reserve Board of Governors Financial Intermediation Brown Bag, Carnegie Mellon Finance Brown Bag

Policy Work

3. Dealer Balance Sheet Constraints Evidence from Dealer-Level Data across Repo Market Segments with Lia Chabot, Paul Cochran, and Sebastian Infante

• Included in Torsten Slok's Weekend Reading

4. Why Do Mutual Funds Invest in Treasury Futures? with Dan Li and Lubomir Petrasek

• Covered in The DESK

5. Quantifying Treasury Cash-Futures Basis Trades with Jonathan Glicoes, Phillip Monin, and Lubomir Petrasek

• Covered in Bloomberg  Reuters, and Odd Lots

6. Box 3.2. Financial Stability Risks from Private Credit Funds Appear Limited in the May 2023 Financial Stability Report with Phillip Monin   

• Covered in Money Stuff