Working papers

1. The Information Advantage of Banks: Evidence from Their Private Credit Assessments, Revise and Resubmit, Journal of Finance, with Cooper Howes and Gregory Weitzner

2. Monetary Policy and Corporate Investment: The Equity Financing Channel, with Murray Frank, Ping McLemore, and Ali Sanati

3. A General Framework for Calculating Returns on Syndicated Loans, with Sina Ehsani

4. Discount Window Borrowing 2003-2019, with Jeffrey Gerlach 

5. The Impact of Bank Examiners on Bank Risk Taking and Growth, with Jiyoung Chae, Filippo Curti, and Jeffrey Gerlach

Selected Published Articles

1. "Adverse Selection in Corporate Loan Markets" Journal of Finance (forthcoming), with Cesare Fracassi and Gregory Weitzner.

2. "How Does Removing the Tax Benefits of Debt Affect Firms? Evidence from the 2017 US Tax Reform" Review of Financial Studies (forthcoming), with Ali Sanati.

3. "Pre-grant Patent Disclosure and Analyst Forecast Accuracy" Management Science 5 (2023): 3140:3155, with Pooyan Khashabi and Ali Mohammadi (SSRN link).

4. "Third-Party Credit Guarantees and the Cost of Debt: Evidence from Corporate Loans" Review of Finance 26 (2022): 287–317, (sole-authored) (SSRN link).

5. "International Lending: The Role of Lender's Home Country" Journal of Money, Credit, and Banking 53 (2021): 1373–1416, with Rui Dai, Anthony Saunders and John K. Wald (SSRN link).

6.  "Components of Credit Rationing" Journal of Financial Stability 50 (2020): 100762, with Fathali Firoozi, Abol Jalilvand, and Laleh Samarbakhsh (SSRN link).

7. "Institutional Investors and Loan Dynamics. Evidence from Loan Renegotiations" Journal of Corporate Finance 56 (2019): 482–505, with Ca Nguyen and John K. Wald (SSRN link).

8. "Do Tighter Loan Covenants Signal Improved Future Corporate Results? The Case of Performance Pricing Covenants" Financial Management 46 (2017): 593–625, (with Kamphol Panyagometh, Gordon S. Roberts and Aron A. Gottesman) (SSRN link).

9. "Why and How Do Banks Lay off Credit Risk? The Choice between Retention, Loan Sales and Credit Default Swaps" Journal of Corporate Finance 42 (2017): 335–355, with Nadia Massoud and Anthony Saunders. (SSRN link)

10. "Effects of Customer Financial Distress on Supplier Capital Structure" Journal of Corporate Finance 42 (2017): 131–149, with Palani-Rajan Kadapakkam and Mauro Oliveira.

11. "The Cross-Section of Expected Returns in the Secondary Corporate Loan Market" The Review of Asset Pricing Studies 7 (2016): 243–277, with Sina Ehsani (SSRN link).

        -> Internet Appendix for the Cross-Section of Expected Returns in the Secondary Corporate Loan Market 

12. "Funding Advantage and Market Discipline in the Canadian Banking Sector" Journal of Banking & Finance 48 (2014): 396–410, with Chris D’Souza and Gordon S. Roberts (SSRN link)