Research
Working Papers
Single Family REITs (with Marco Giacoletti, Rawley Heimer, and Wenli Li)
Measuring Climate Transition Risk at the Regional Level with an Application to Community Banks (with Mitchell Berlin, SungJe Byun, and Pablo D'Erasmo)
Funding Liquidity Creation by Banks (with Anjan Thakor)
Using High-Frequency Evaluations to Estimate Disparate Treatment: Evidence from Mortgage Loan Officers (with Marco Giacoletti and Rawley Heimer), revise and resubmit
Wharton Research Data Services (WRDS) Best Paper in Financial Intermediation at the Midwest Finance Association70th Annual Meeting
The FOMC Cycle and Consumer Decision Making: Evidence from the Residential Housing Market (with Marco Giacoletti and Rodney Ramcharan)
Journal Publications
The Pass-Through of Uncertainty Shocks to Households (with Marco Di Maggio, Amir Kermani, Rodney Ramcharan, and Vincent Yao), Journal of Financial Economics, vol. 145 (1), pages 85-104, 2022.
Journal of Financial Economics Fama DFA prize for Best Paper in Asset Pricing, 2nd Place
Real Estate Taxes and Home Value: Evidence from TCJA (with Wenli Li), Review of Economic Dynamics, vol. 43, pages 125-151, 2022.
The Effects of Competition in Consumer Credit Markets (with Stefan Gissler and Rodney Ramcharan), Review of Financial Studies, vol. 33 (11), pages 5378-5415, 2020.
Douglas D. Evanoff Best Paper Award at the Chicago Financial Institutions Conference 2019
Paper for Most Significant Contribution to Banking Policy at the 2018 Community Banking Conference
Concentration of Control Rights in Leveraged Loan Syndicates (with Mitchell Berlin and Gregory Nini), Journal of Financial Economics, vol. 137 (1), pages 249-271, 2020. [Online Appendix]
Dynamic Market Participation and Endogenous Information Aggregation, Journal of Economic Theory, vol. 175, pages 491-517, 2018. [Online Appendix]
The Impact of Unconventional Monetary Policy on Firm Financing Constraints: Evidence from the Maturity Extension Program (with Nathan Foley-Fisher and Rodney Ramcharan), Journal of Financial Economics, vol. 122(2), pages 409-429, 2016. [Online Appendix] [Bloomberg] [Brookings Round Up]
BankScope Prize for best banking paper at the 28th Australasian Finance and Banking Conference
The (Un)importance of Mobility in the Great Recession (with Siddharth Kothari and Itay Saporta-Eksten), Review of Economic Dynamics, vol. 16(3), pages 553-563, 2013. [Online Appendix]
Other Publications
Discrimination in Mortgage Markets, Economic Insights, Q1, pages 2-8, 2022
Do Stress Tests Reduce Credit Growth? Economic Insights, Q1, pages 1-7, 2020
Measuring Cov-Lite Right, Economic Insights, Q3, pages 1-9, 2018
Did Quantitative Easing Work? Some Evidence and Theory, Economic Insights, Q1, pages 5-13, 2016