Research

PUBLICATIONS:

1. Managing Mental Accounts: Payment Cards and Consumption Expenditures (with Nick Roussanov), Review of Financial Studies, Vol. 37, Num. 8, 2024

Covered by: Why We're Spending So Much Money - Time Magazine

2. Does Local Competition and Firm Market Power Affect Investment Adviser Misconduct? (with Zaheer Khan, Amir Shoham and Shlomo Tarba), Journal of Corporate Finance, Vol. 66, 2021

WORKING PAPERS:

1. Misconduct and Market Implications of Honest Advisors' Decisions (with Amir Shoham) Revise and Resubmit at the Journal of Financial and Quantitative Analysis

Selected Presentations:  Temple University, Tel-Aviv University.

2. Social Interaction Intensity and Investor Behavior (with David Hirshleifer, Yaron Levi and Liron Reiter)

Selected Presentations:  University of Texas at Austin, Chapman University Finance Conference.

3. Open to All Comers: How Supply-Driven Deposit Inflows Affect Banks (with Andrew MacKinlay)

Selected Presentations:  NFA 2024, UW Foster Summer Conference, OCC Bank Research Symposium, SGF Annual Meeting 2024, Bank of Israel, Community Banking Research Conference.

Covered by: https://lerner.udel.edu/seeing-opportunity/lerner-profs-discuss-fallout-of-banking-crisis/

4. Bank Diversification and Lending Resiliency (with Itay Goldstein and Andrew MacKinlay)

Award: IFABS Conference Best Paper, 2021

Selected Presentations: AFA 2022, SFS Cavalcade 2022, FIRS 2022, MFA 2022, NFA 2022, Craig Holden Memorial Finance Conference, Fixed Income and Financial Institutions (FIFI) Conference 2021.

Covered by: https://www.thebanker.com/The-bright-side-of-bank-diversification-1692256870 

                    https://rodneywhitecenter.wharton.upenn.edu/newsletter/ 

WORK IN PROGRESS:

1. Monetary Policy in the Age of Universal Banking (with Itay Goldstein and Andrew MacKinlay)

Selected Presentations: AFA 2025, NFA 2024, SFS Cavalcade 2024, MFA 2023, UT Dallas Finance Conference 2022, Monetary Policy in the Post-Pandemic Era, HEC Paris Conference on Banking in the Age of Challenges, CEMLA/Dallas Fed Financial Stability Workshop.

2. FOMO Economics: External Reference-Dependence in Household Portfolios (with Nick Roussanov and Liron Reiter)

PRACTITIONER PUBLICATIONS:

How to Evaluate Risk Management Units in Financial Institutions? (with Doron Greenberg and Mosi Rosenboim), Journal of Applied Corporate Finance, Vol. 30, 2018