Research
Publications
Pecuniary Externalities in Economies with Financial Frictions, with Anton Korinek.
The Review of Economic Studies, Volume 85, Issue 1, 1 January 2018, Pages 352–395. Link, BibTeX
Note: this paper subsumes my earlier working paper "Dissecting Fire Sales Externalities" and was previously circulated under the title "Fire-Sale Externalities".
Working Papers
Incompleteness Shocks, with Thomas Philippon, December 2017
Volatility and Informativeness, with Cecilia Parlatore, February 2018
Does Size Matter? Bailouts with Large and Small Banks, with Ansgar Walther, February 2018
Optimal Deposit Insurance, with Itay Goldstein, June 2016 (substantially revised draft coming soon)
Work in Progress
Optimal Corporate Taxation under Financial Frictions, with Ben Hébert, September 2017
Optimal Joint Bond Design, with Charles-Henri Weymuller, September 2017
Under Revision
House Price Beliefs and Mortgage Leverage Choice, with Michael Bailey, Theresa Kuchler, and Johannes Stroebel, November 2017
Trading Costs and Informational Efficiency, with Cecilia Parlatore, April 2017
Using Elasticities to Derive Optimal Bankruptcy Exemptions, May 2016
Optimal Financial Transaction Taxes, September 2017
Inactive Working Papers
Myopic Portfolio Choice with Higher Cumulants
Pecuniary Externalities in Economies with Financial Frictions, with Anton Korinek.
The Review of Economic Studies, Volume 85, Issue 1, 1 January 2018, Pages 352–395. Link, BibTeX
Note: this paper subsumes my earlier working paper "Dissecting Fire Sales Externalities" and was previously circulated under the title "Fire-Sale Externalities".
Working Papers
Incompleteness Shocks, with Thomas Philippon, December 2017
Volatility and Informativeness, with Cecilia Parlatore, February 2018
Does Size Matter? Bailouts with Large and Small Banks, with Ansgar Walther, February 2018
Optimal Deposit Insurance, with Itay Goldstein, June 2016 (substantially revised draft coming soon)
Work in Progress
Optimal Corporate Taxation under Financial Frictions, with Ben Hébert, September 2017
Optimal Joint Bond Design, with Charles-Henri Weymuller, September 2017
Under Revision
House Price Beliefs and Mortgage Leverage Choice, with Michael Bailey, Theresa Kuchler, and Johannes Stroebel, November 2017
Trading Costs and Informational Efficiency, with Cecilia Parlatore, April 2017
Using Elasticities to Derive Optimal Bankruptcy Exemptions, May 2016
Optimal Financial Transaction Taxes, September 2017
Inactive Working Papers
Myopic Portfolio Choice with Higher Cumulants
