Mandatory Retention Rules and Bank Risk
Payment Flows, Bank Lending, and CBDC (with Ryuichiro Izumi) [Revise and Resubmit, Journal of Money, Credit and Banking]
Previously circulated under the title “CBDC: Banking and Anonymity"
Fire Sales and Liquidity Requirements (with Roberto Robatto)
Previously circulated under the title “Financial Intermediation and Fire Sales with Liquidity Risk Pricing"
Adverse Selection, Moral Hazard, and Interbank Market Fragility