Research

Publications

1. "The Transitional Impact of State Pension Reform,''  with Kurt Winkelmann, Journal of Economic Dynamics and Control, Volume 160, 2024

Working Papers

1. "Monetary Policy Transmission, Bank Market Power, and Income Source'', with Isabel Gödl-Hanisch R&R Journal of Financial Economics

2. "Bank Regulation: Capital and Liquidity Requirements"

3. "Bank Markups and Monetary Policy" [Available Upon Request]

4. "Bank Profitability by Line of Business"

Working Drafts

1. "Bank Business Lines: Diversification or Economies of Scope?'', with Conor B. Ryan   

2. "Credit Demand Shocks and their Propagation through Bank Lending", with Cooper Howes and Johannes Matschke 

Kanas City Fed Publications

1. "Banks and Private Credit: Competitors or Partners? ", Federal Reserve Bank of Kansas City Economic Bulletin, 2025

2. "Monetary Policy Transmission, Bank Market Power, and Income Source'', with  Isabel Gödl-Hanisch , KC Fed Research Working Paper Series, RWP 25-02, 2025

3. "Interest Rates and Nonbank Market Shares in the U.S. Mortgage Market,''  with Chris Acker and Philip An, Federal Reserve Bank of Kansas City Economic Review, 2025

4. "Subprime Credit Card Delinquencies have Fallen,'' Federal Reserve Bank of Kansas City Economic Bulletin, 2025  

5. "Consumer Credit Cards Show Few Signs of Financial Stress,'' Federal Reserve Bank of Kansas City Economic Bulletin,  2024

6. "Banks' Commercial Real Estate Risks are Uneven,''  with Blake Marsh, Federal Reserve Bank of Kansas City Economic Bulletin, April 2024