Publications

"Bond Convenience Yields in Eurozone Currency Union", with Zhengyang Jiang, Hanno Lustig, Stijn Van Nieuwerburgh

"Manufacture Risk-free Government Debt", with Zhengyang Jiang, Hanno Lustig, Stijn Van Nieuwerburgh

"Exorbitant Privilege Gained and Lost: Fiscal Implications", with Zefeng Chen, Zhengyang Jiang, Hanno Lustig, Stijn Van Nieuwerburgh

"The U.S. Public Debt Valuation Puzzle", with Zhengyang Jiang, Hanno Lustig, Stijn Van Nieuwerburgh

 "What Drives Variation in the U.S. Debt/Output Ratio? The Dogs that Didn't Bark", with Zhengyang Jiang, Hanno Lustig, Stijn Van Nieuwerburgh

"Fiscal Capacity: An Asset Pricing Perspective", with Zhengyang Jiang, Hanno Lustig, Stijn Van Nieuwerburgh

"Delegated Learning and Contract Commonality in Asset Management", with Michael Sockin 

"Measuring U.S. Fiscal Capacity Using Discounted Cash Flow Analysis", with Zhengyang Jiang, Hanno Lustig, Stijn Van Nieuwerburgh

"Human Capitalists", with Andrea Eisfeldt and Antonio Falato 

"Financing Intangible Capital", with Qi Sun   

"Capital Share Dynamics When Firms Insure Workers", with Barney Hartman-Glaser and Hanno Lustig