Publications
Racial
Disparities in Housing Returns
(with Francis Wong), Conditionally accepted (data) American
Economic Review
The Credit Supply
Channel of Monetary Policy Tightening and its Distributional Impacts
(with Joshua Bosshardt, Marco Di Maggio and
Ali Kakhbod) , Journal of Financial Economics,
2024,160
Data/Code
Asset Specificity of Non-Financial Firms
(with Yueran Ma), Quarterly
Journal of Economics , 2023, 138(1), 205-264
Data/Code
The
Pass-Through of Uncertainty Shocks to Households
(with Marco Di Maggio, Rodney Ramcharan,
Vincent Yao and Edison Yu), Journal of Financial Economics,2022, 145
(1), 85-104
JFE Fama-DFA
Prize, 2nd place
Stock
Market Returns and Consumption
(with
Marco Di Maggio and Kaveh Majlesi),
Journal
of Finance, 2020, 75 (6), 3175-3219.
Dimensional Fund Advisors Distinguished Paper Prize at AFA 2022
In media: MarketWatch
Code
How
Quantitative Easing Works: Evidence on the Refinancing Channel
(with
Marco Di Maggio and Christopher Palmer), Review
of Economic Studies, 2020, 87(3), 1498-1528..
Data/Code
In media: VoxEU Forbes
NBER Digest Interview
with David Andolfatto
The Relevance of Broker Networks
for Information Diffusion in the Stock Market
(with
Marco Di Maggio, Francesco Franzoni and Carlo Sommavilla), Journal
of Financial Economics, 2019, 134(2), 419-446.
In media: Bloomberg
WSJ
Institutional
Investor Bloomberg
Economist
Does
Skin-in-the-Game Affect Security Performance?
(with Adam Ashcraft and Kunal Gooriah), Journal of Financial Economics,
2019, 134(2), 333-354.
Partial Deregulation and
Competition: Effects on Risky Mortgage Origination
(with
Marco Di Maggio and Sanket Korgaonkar),
Management Science,
2019, 65(10), 4451-4949.
In media: Bloomberg
Interest
Rate Pass-Through: Mortgage Rates, Household Consumption and Voluntary
Deleveraging
(with
M. Di Maggio, B. J. Keys, T. Piskorski, R. Ramcharan, A. Seru and V. Yao),
American
Economic Review, 2017, 107(11), 3550-3588.
(Note: this
is a combined version of working papers Monetary
Policy Pass-Through: Household Consumption and Voluntary Deleveraging by
M. Di Maggio, A. Kermani and R. Ramcharan and Mortgage
Rates, Household Balance Sheets, and the Real Economy by B. Keys, T. Piskorski, A. Seru, and V.
Yao)
Code
In media: VoxEU
Credit
Induced Boom and Bust
(with
Marco Di Maggio), Review of Financial Studies, 2017, 30 (11): 3711-3758.
The Value of Trading Relations
in Turbulent Times
(with Marco
Di Maggio and Zhaogang Sang), Journal of Financial Economics,
2017, 124 (2), 266-284.
In media: VoxEU
The
Value of Connections in Turbulent Times: Evidence from the United States
(with
Daron Acemoglu, Simon Johnson, James Kwak and Todd Mitton), Journal of Financial Economics,
2016, 121(2), 368-391.
Data/Code
In media: VoxEU Slate
WSJ
Working Papers
Native-Immigrant Entrepreneurial Synergies
(with Tim McQuade and Zhao Jin)
Return Migration and
Human Capital Flows
(with Naser Amanzadeh
and Tim McQuade)
The Value of Intermediaries for GSE
Loans
(with Joshua Bosshardt and Ali Kakhbod)
Two Tales of Debt
(with Yueran Ma)
The
Importance of Unemployment Insurance as an Automatic Stabilizer
(with
Marco Di Maggio)
Cheap
Credit, Collateral and the Boom-Bust Cycle
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