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".
House Price Beliefs and Mortgage Leverage Choice, with Michael Bailey, Theresa Kuchler, and Johannes Stroebel, October 2018
The Review of Economic Studies, Forthcoming.
Working Papers
Identifying Price Informativeness, with Cecilia Parlatore, August 2018
Optimal Corporate Taxation under Financial Frictions, with Ben Hébert, January 2019
Incompleteness Shocks, with Thomas Philippon, December 2017
Volatility and Informativeness, with Cecilia Parlatore, December 2018
Optimal Deposit Insurance, with Itay Goldstein, June 2016 (substantially revised draft coming soon)
Work in Progress
Optimal Joint Bond Design, with Charles-Henri Weymuller, September 2017
Under Revision
Does Size Matter? Bailouts with Large and Small Banks, with Ansgar Walther, May 2018
Using Elasticities to Derive Optimal Bankruptcy Exemptions, November 2018
Trading Costs and Informational Efficiency, with Cecilia Parlatore, March 2019
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".
House Price Beliefs and Mortgage Leverage Choice, with Michael Bailey, Theresa Kuchler, and Johannes Stroebel, October 2018
The Review of Economic Studies, Forthcoming.
Working Papers
Identifying Price Informativeness, with Cecilia Parlatore, August 2018
Optimal Corporate Taxation under Financial Frictions, with Ben Hébert, January 2019
Incompleteness Shocks, with Thomas Philippon, December 2017
Volatility and Informativeness, with Cecilia Parlatore, December 2018
Optimal Deposit Insurance, with Itay Goldstein, June 2016 (substantially revised draft coming soon)
Work in Progress
Optimal Joint Bond Design, with Charles-Henri Weymuller, September 2017
Under Revision
Does Size Matter? Bailouts with Large and Small Banks, with Ansgar Walther, May 2018
Using Elasticities to Derive Optimal Bankruptcy Exemptions, November 2018
Trading Costs and Informational Efficiency, with Cecilia Parlatore, March 2019
Optimal Financial Transaction Taxes, September 2017
Inactive Working Papers
Myopic Portfolio Choice with Higher Cumulants