9.  "Aggregate Volatility and International Dynamics. The Role of Credit Supply", with Givi Melkadze. Journal of International Economics. Forthcoming.

8.  "Mortgage Supply and Housing Rents", with Michael Reher. 10/2017. Review of Financial Studies. Forthcoming.

7. "Distributional Implications of Government Guarantees in Mortgage Markets", with Franco Zecchetto. Review of Financial Studies. Forthcoming. Featured in David Wessel's blog at the Brookings Institution.

6. "Dealing with Overleverage: Restricting Leverage vs. Restricting Variable Compensation", with Juan Pedro Gomez. Quarterly Journal of Finance. Forthcoming.

5. "Executive Compensation and Firm Leverage. A Policy Oriented Survey", with Juan Pedro Gomez. Revista de Estabilidad Financiera, Bank of Spain. June 2017.

4. "Two Extensive Margins of Credit and Loan-to-Value Policies", with Michael Reher. Journal of Money, Credit and Banking, October 2016.

3. "What Drives Housing Dynamics in China? A Sign Restriction VAR Approach", with Tim Bian. Journal of Macroeconomics, December 2015.

2. "Compensation Contracts and Fire Sales", with Juan Pedro Gomez. Journal of Financial Stability, June 2015.  

1. Discussion of “Capital Inflows and the U.S. Housing Boom, Journal of Money, Credit and Banking, March-April 2015.

              Working Papers:

7. "A Quantitative Model of International Lending of Last Resort", 8/2017. Revise and resubmit to Journal of International Economics.

6. "The Regulatory Premium Channel and the Rise of Nonbanks", with Michael Reher. 11/2017. 
Featured in Inside Mortgage Finance (March 3rd, 2017), The Institutional Risk Analyst (April 17th, 2017), IMF Global Housing Watch (April 2017), John Cochrane's Blog (5/9/2017) .

5. "Bank Capital, Lending Standards and Misallocation", 10/2017.

                         4.   "Leverage and Executive Compensation. A Comprehensive Model", with Sandeep Dahiya and Lei Ge, 1/2018.

3.  "Expectations and the Housing Boom and Bust. An Open Economy View", 6/2017. Revise and resubmit to Journal of Housing Economics.   

2.  "Debt Covenants and Macroeconomic Dynamics", with Francois Gourio.

1. "Mortgage Design and Slow Recoveries. The Role of Recourse and Default", with Franco Zecchetto. 12/2017.

Policy paper: "Should European Mortgages Be Non-Recourse? Macroeconomic Arguments".