Education
B.A. Yale University
M.A. Yale University
M.Phil. Yale University
Ph.D. Yale University
M.A. Yale University
M.Phil. Yale University
Ph.D. Yale University
Courses
Research and Teaching Fields
Macroeconomics, General Equilibrium, Financial Theory, Economic Theory, International Finance
Published and Forthcoming Articles
- “Correlated Default and Financial Intermediation“, 2017, Journal of Finance, June 72:3, pp. 1253–1284
- “Collateralized Borrowing and Increasing Risk“, 2017, Economic Theory, 63(2), pp. 471 — 502.
- “Financial Intermediation, Leverage, and Macroeconomic Instability“, 2016, American Economic Journal: Macroeconomics, 8(4): 199-224
- “Hyperbolic Discounting and Life Cycle Portfolio Choice” (with David Love), 2015, Journal of Pension Economics and Finance, volume 14, issue 04, pp. 492-524
Working Papers
- “Securitized Markets, International Capital Flows, and Global Welfare” (with Alexis Akira Toda)
- “Debt Collateralization, Capital Structure, and Maximal Leverage” (with Feixue Gong)
- “Global Collateral: How Financial Innovation Drives Capitals Flows and Increases Financial Instability” (with Ana Fostel and John Geanakoplos)
- “A Collateral Theory of the Cash-Synthetic Basis” (with Feixue Gong)
- “Dimensionality and Disagreement: Asymptotic belief divergence in response to common information” (with Isaac Loh)
- “Macroprudential Policy Coordination with International Capital Flows” (joint with William Chen)
Work in Progress
- “Collateralized Carry Trades and Exchange Rate Risk” (joint with Ana Fostel and Feixue Gong)
- “Leverage regulation can increase fat tails” (joint with Ana Fostel and John Geanakoplos)
Old Papers
- “On the Robustness of Theoretical Asset Pricing Models” (with Alexis Akira Toda)
Previous Employment
D. E. Shaw, LLC, Proprietary Trader, 2007-2009