Research

Research Interests

Banking, Credit Risk, Household Finance, Real Estate

Shocked by Bank Funding Shocks: Evidence from Consumer Credit Cards
(with Sudheer Chava, Nikhil Paradkar, and Linghang Zeng)
Review of Financial Studies, 2023, 36(10), 3906-3952
[Internet Appendix]

Credit Default Swaps and Moral Hazard in Bank Lending
(with Indraneel Chakraborty and Sudheer Chava)
Journal of Financial and Quantitative Analysis, 2023, 58(5), 1911-1942
[Internet Appendix]

Tracing the Source of Liquidity for Distressed Housing Markets
(with Steven Xiao and Serena Xiao)
Real Estate Economics, 2023, 51(2), 408-440
[Internet Appendix]

Impact of Marketplace Lending on Consumers' Future Borrowing Capacities and Borrowing Outcomes
(with Sudheer Chava, Nikhil Paradkar, and Yafei Zhang)
Journal of Financial Economics, 2021, 142(3), 1186-1208
[Internet Appendix]

Do Bond Investors Price Tail Risk Exposures of Financial Institutions?
(with Sudheer Chava and Vijay Yerramilli)
Quarterly Journal of Finance, 2021, 11(01), 215003
- GARP Risk Management Research Award, 2013

Do Credit Default Swaps Mitigate the Impact of Credit Rating Downgrades?
(with Sudheer Chava and Chayawat Ornthanalai)
Review of Finance, 2019, 23(3), 471-511
[Internet Appendix]
- Review of Finance Editor's Choice Lead Article
- Finalist for the Pagano-Zechner Best Paper award in the Review of Finance, 2019
- Q Group Research Award, 2012
- Featured in Effects and Responses to Economic Downturns

Do Property Rehabs Affect Neighborhood Property Prices?
(with Gonzalo Maturana)
Revise & Resubmit, Journal of Urban Economics
Conferences: ITAM (2021), AREUEA (2021), UEA (2021)

Too Far To Regulate?
Conferences: FIRS (2020), CFIC (2020)

Gender and Access to Credit Cards
(with Sudheer Chava, Nikhil Paradkar, Linghang Zeng, and Yafei Zhang)
Conferences: AFA (2023), NFA(2023)