Working Papers
Dynamic risk management, with Amir Sufi and S. Viswanathan. [Paper]
Collateral and capital structure, with S. Viswanathan. [Paper]
Financial intermediary capital, with S. Viswanathan. [Paper]
Household risk management, with S. Viswanathan. [Paper]
Financing shortfalls and the value of aggregate liquidity, with Andrea L. Eisfeldt. [Paper]
Work in Progress
A government failure theory of government, with Alberto Bisin.
A Mirrleesian theory of Ramsey taxation, with Alberto Bisin.
Publications
Collateral, risk management, and the distribution of debt capacity, with S. Viswanathan, Journal of Finance 65 (2010)
2293-2322. [Paper] [Published Article via Wiley Online Library] [Slides]
Leasing, ability to repossess, and debt capacity, with Andrea L. Eisfeldt, Review of Financial Studies 22 (2009) 1621-1657. [Paper] [Published Article via Oxford University Press]
Managerial hedging and portfolio monitoring, with Alberto Bisin and Piero Gottardi, Journal of the European Economic Association 6 (2008) 158-209. [Paper] [Published Article via MIT Press]
Managerial incentives, capital reallocation, and the business cycle, with Andrea L. Eisfeldt, Journal of Financial Economics 87 (2008) 177-199. [Paper] [Published Article via ScienceDirect]
[Jensen Prize for Corporate Finance and Organizations 2008 Second Prize.]
New or used? Investment with credit constraints, with Andrea L. Eisfeldt, Journal of Monetary Economics 54 (2007) 2656–2681. [Paper] [Appendix] [Published Article via ScienceDirect]
Markets as beneficial constraints on the government, with Alberto Bisin, Journal of Public Economics 90 (2006) 601-629. [Paper]
[Published
Article via ScienceDirect]
Capital reallocation and liquidity, with Andrea L. Eisfeldt, Journal of Monetary Economics 53 (2006)
369-399. Lead article. [Paper]
[Published
Article via ScienceDirect]
Exclusive contracts and the institution of bankruptcy, with Alberto Bisin, Economic Theory 27 (2006) 277-304. Lead article. [Paper]
[Published
Article via SpringerLink]
Default and aggregate income, Journal of Economic Theory
122 (2005) 225-253. [Paper] [Published
Article via ScienceDirect]
Entrepreneurial activity, risk, and the business cycle, Journal of Monetary Economics 51 (2004) 555-573. [Paper]
[Published
Article via ScienceDirect] [Reprinted in: Simon C. Parker, ed. (2011): Entrepreneurship in Recession, The International Library of Entrepreneurship Series 20 (Edward Elgar, Williston, VT).]
Published Discussion
Discussion of "From search to match: When loan
contracts are too long," Journal of Money, Credit and Banking 43 Supplement (2011) 413-417. [Paper] [Published Discussion via Wiley Online]
Current Professional Service
Organizer, CEPR European Summer Symposium in Financial Markets Corporate Finance
Week, July 16-20, 2012, Gerzensee, Switzerland. [Focus sessions organized by Peter DeMarzo (Stanford University) and Daniel Paravisini (Columbia University and LSE).]
Board Member, Finance Theory Group.
Associate Editor, Management Science. |
