Banking

• Shadow Bank Runs (w/ Ed Nosal). Working Paper, 2022. 

• Blog post: Run-Proof Stablecoins. MacroMania, 2021.

• Money, Banking, & Financial Markets (w/ Aleks Berentsen & Fernando Martin). Review of Economic Studies, 2020.

• Reconciling Orthodox & Heterodox Views on Money & Banking. Review of Economic Analysis, 2018.

• Rehypothecation & Liquidity (w/ Fernando Martin & Shengxing Zhang). European Economic Review, 2017.

• Preventing Bank Runs (w/ Ed Nosal & Bruno Sultanum). Theoretical Economics, 2017.

• Podcast: Life at the Fed, Equity-Based Financing, & Blockchain. Macro Musings Podcast w/ David Beckworth, July 25, 2016.

• Blog post: On Cochrane's Dream of Equity-Financed Banking. MacroMania, 2016.

• Money, Intermediation, & Banking (w/ Ed Nosal). Journal of Monetary Economics, 2009. 

• Bank Incentives, Contract Design & Bank Runs (w/ Ed Nosal). Journal of Economic Theory, 2008. 

• The Role of Independence in the Green-Lin Diamond-Dybvig Model (w/ Ed Nosal & Neil Wallace). Journal of Economic Theory, 2007.

• A Theory of Money & Banking (w/ Ed Nosal). FRB Cleveland Economic Review, 2003. 

• Comment on "Taking Intermediation Seriously," by Bruce D. Smith, Journal of Money, Credit & Banking, 2003.