Research

 
   

Papers on lending standards, credit and macroprudential regulation:

"Overlending and Macroprudential Tools" with Natalie Tiernan. (October 2013).

"Lending Standards and Countercyclical Capital Requirements under Imperfect Information” with Natalie Tiernan. (March 2014).

"Compensation Contracts and Fire Sales" with Juan Pedro Gomez. (September 2014).

Papers on housing, collateral and international topics:

                      "Housing Demand and Current Account Dynamics" September 2014, Revise and Resubmit at AEJ Macro.

                           "What Drives Housing Dynamics in China? A Sign Restriction VAR Approach" with Tim Bian. (August 2014).

 Dealing with Construction Permits, Interest Rate Shocks and Macroeconomic DynamicsMay 2014

"Demand for Collateral and Foreign Holdings of U.S. Assets" with Dan Cao. (March 2012).

Papers on other topics:

"Savings and Fertility when Having a Child is a Risky Investment " with Paolo Porchia. (August 2014).

       Related note: Grandparents as Insurance against the Risks of Childrearing

"A Real Options Analysis of Dual Labor Markets and the Single Contract" with Paolo Porchia. (May 2013)