I am a Professor of Economics and Finance at University College London
Main Fields of Interests
Financial Intermediation, Banking Regulation, Macroeconomics, and Political Economy.
Financial Contagion, In: Gerard Caprio (ed.), Handbook of Safeguarding Global Financial Stability: Political, Social, Cultural, and Economic Theories and Models, 2013, Vol.2, pp. 139-143. Oxford: Elsevier. (with Robert Kollmann)
Self-fulfilling Liquidity Dry-ups, Journal of Finance, Vol. 69, pp. 947-970, 2014.
Non-technical summary to appear in FAMe. (link)
Get Rid of Unanimity Rule: The Superiority of Majority Rules with Veto Power, (with Laurent Bouton and Aniol Llorente-Saguer) Journal of Political Economy, 126(1), pp. 107-149, 2018.
Optimal Capital Requirements over the Business and Financial Cycles, American Economic Journal: Macroeconomics, Vol .12, No. 3, pp. 139-174, 2020.
The Forced Safety Effect: How Higher Capital Requirements Can Increase Bank Lending (with Saleem Bahaj), Journal of Finance, Vol. 75, pp3013-3053, 2020.
Featured in VoxEU
The Cross-border Effects of Bank Capital Regulation (with Saleem Bahaj), May 2021. (Also CEPR DP16148).
Beyond Pangloss: Financial Sector Origins of Inefficient Economic Booms (with Michael McMahon), CEPR DP15180, August 2021. Online appendix.
What Determines how Banks Respond to Changes in Capital Requirements? (with Saleem Bahaj, Jon Bridges, and Cian O'Neill).
If you are a London based researcher working on Financial Intermediation Theory (broadly defined), you may want to join the London Financial Intermediation Theory Network. Just drop me an email if you are interested.