I am an assistant professor of finance at the Gies College of Business, University of Illinois Urbana-Champaign.
My research interests are in financial intermediation, asset pricing, macro finance, and household finance.
Download my CV.
Corporate Bond Liquidity during the COVID-19 Crisis
(with Benjamin Lester, David Lindsay, Shuo Liu, Pierre-Olivier Weill, and Diego Zúñiga)
Forthcoming, Review of Financial Studies
Internet Appendix | code | slides | RFS version | NBER WP | presentation video (1h:10-1h:40) | non-technical summary
Heterogeneous Intermediary Asset Pricing
Journal of Financial Economics, 141 (2), August 2021, pp. 505-532
Internet Appendix | data | slides | JFE version
Xavier Drèze Award for the most outstanding research paper at UCLA Anderson
Note: Several numbers in Tables 2, 3, 4, and 5 in the published paper in the Journal of Financial Economics have the wrong sign. The negative signs are missing in these tables, and all numbers have the positive sign by mistake. Please see the correct numbers in the corresponding tables in the version on SSRN. The publisher has been notified and the tables are being corrected. I thank Julian Alberto Batista from UCLA for bringing this to my attention.
The Incidence of Student Loan Subsidies: Evidence from the PLUS Program
(with William Mann)
Revise and Resubmit, Review of Financial Studies
summary in Forbes