Publications

The Missing Homebuyers: Regional Heterogeneity and Credit Contractions 

Review of Financial Studies, 36(7), July 2023, pp. 2756-2796

CEPR-TFI Household Finance Award (2020), AREUEA Homer Hoyt Dissertation Award (honorable mention, 2021) 

Media: Knowledge

Affordable Housing and City Welfare (NBER WP), with Jack Favilukis and Stijn Van Nieuwerburgh 

Review of Economic Studies, 90(1), January 2023, pp. 293-330

Media: VoxEU, FT Business School Insider, MarketWatch, Global Housing Watch, Ideas At Work, Gothamist, LA Times, NY Daily News, The Urbanist, Knowledge, Bank of Spain Annual Report

Internationalization versus Regionalization in the Emerging Stock Markets, with Virginie Coudert and Karine Herve

International Journal of Economics and Finance, 20(1), January 2015, pp. 16-27

Working Papers

Financial Constraints and the Racial Housing Gap, with Arpit Gupta and Christopher Hansman 

Journal of Financial Economics, revise and resubmit

Media: Kenan Institute, Knowledge

Unlocking Mortgage Lock-In: Evidence From a Spatial Housing Ladder Model, with Julia Fonseca and Lu Liu

Intermediary-Based Loan Pricing, with Olivier Wang

Aggregate Precautionary Savings Motives