Working Papers

7. Does Local Competition Matter for Mortgage Pricing? Evidence from Fee Pass-Through

      With Taha Ahsin, September 2025.

6. Monetary Policy Pass-Through with ARMs

      With Miguel Ferreira and Sujiao (Emma) Zhao, September 2025.

5. Segmented Multipliers: Evidence from Welfare Cuts

      With Jim Goldman, October 2024, R&R.

4. The Heterogeneous Effects of Household Debt Relief

      With Miguel Ferreira and Miguel Oliveira, April 2025.

3. Screen More, Sell Later: Screening and Dynamic Signaling in the Mortgage Market

      With Bin Wei and Feng Zhao, December 2023.

2. The Environmental Cost of Easy Credit: The Housing Channel

      With David Robinson, October 2023. NBER WP 31769

1. Perception of House Price Risk and Homeownership

      With Antoinette Schoar and Felipe Severino, June 2018. NBER WP 27090

Work in Progress

Permanent Working Papers

  2. Loan Originations and Defaults in the Mortgage Crisis: Further Evidence

      With Antoinette Schoar and Felipe Severino, June 2015.

  1. Do Investors Rely Only on Ratings? The Case of Mortgage-Backed Securities