Research

Publications

Political Polarization Affects Households’ Financial Decisions, Evidence from Home Sales, 2023, with W. Ben McCartney and John Orellana-Li, forthcoming at the Journal of Finance, WP (PDF)

Local Effects of Global Capital Flows: A China Shock in the U.S. Housing Market, 2023, with Zhimin Li and Leslie Sheng Shen, forthcoming at the Review of Financial Studies, WP (PDF)

Credit Supply Shocks, Housing Demand, and Borrower Behavior, 2023, with James Conklin and Haoyang Liu, forthcoming at Real Estate Economics, WP (PDF)

Working Papers

Distinguishing Causes of Neighborhood Racial Change: A Nearest Neighbor Design, 2022, with Patrick Bayer, Marcus Casey, W. Ben McCartney, and John Orellana-Li, reject and resubmit at the American Economic Review, WP (PDF)

A Shortage of Short Sales: Explaining the Underutilization of a Foreclosure Alternative, 2019, WP (PDF)

Works in Progress

Americans Vote with their Pocketbooks: Evidence from Adjustable-Rate Mortgages, with Haoyang Liu, W. Ben McCartney, Rodney Ramcharan, and Xiaohan Zhang 

Valuing Local Public Goods using Municipal Annexations, with David Schönhozler

Other Publications

Central Bank Monetary Policy and Consumer Credit Markets, 2023, with Xudong An, Larry Cordell, and Raluca Roman, Oxford Research Encyclopedia of Economics and Finance