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
This paper subsumes my earlier working paper “Dissecting Fire Sales Externalities”. It was previously circulated as “Fire-Sale Externalities”.
House Price Beliefs and Mortgage Leverage Choice, with Michael Bailey, Theresa Kuchler, and Johannes Stroebel. The Review of Economic Studies, Volume 86, Issue 6, November 2019, Pages 2403–2452. Link, BibTeX.
Does Size Matter? Bailouts with Large and Small Banks, with Ansgar Walther, April 2019. Journal of Financial Economics, Forthcoming. Link, BibTeX.
Using Elasticities to Derive Optimal Bankruptcy Exemptions, August 2019. The Review of Economic Studies, Forthcoming. Link, BibTeX.
Trading Costs and Informational Efficiency, with Cecilia Parlatore, November 2019
Optimal Financial Transaction Taxes, September 2017 (revised draft coming soon)
Identifying Price Informativeness, with Cecilia Parlatore, August 2018 (revised draft coming soon)
Optimal Corporate Taxation under Financial Frictions, with Ben Hébert, September 2019
Volatility and Informativeness, with Cecilia Parlatore, August 2019
Optimal Deposit Insurance, with Itay Goldstein, August 2019
Incompleteness Shocks, with Thomas Philippon, December 2017 (substantially revised draft coming soon)
Optimal Joint Bond Design, with Charles-Henri Weymuller, September 2017 (substantially revised draft coming soon)