Marketmaking with search and information frictions
(with Ali Shourideh, Venky Venkateswaran, and Ariel Zetlin-Jones)
Heterogeneity in Decentralized Asset Markets
(with Julien Hugonnier and Pierre-Olivier Weill)
Corporate Bond Liquidity During the Covid-19 Crisis
(with Mahyar Kargar, David Lindsay, Shuo Liu, Pierre-Olivier Weill, and Diego Zuniga)
For a brief summary, click here
Inventory, Market Making, and Liquidity (
(with Mahyar Kargar and Pierre-Olivier Weill)
Job Referrals and Hiring Frictions (
(with David Rivers and Giorgio Topa)
Signals, Interviews, and Discrimination in the Labor Market
(with Piero Gottardi and Ronald Wolthoff)
frictional Intermediation in Over-the-Counter Markets (online appendix)
Review of Economic Studies, 2020, 87, 1432-1469.
A Model of the Fed Funds Market: Yesterday, Today, and Tomorrow
(with Gara Afonso and Roc Armenter)
Review of Economic Dynamics, 2019, 33, 133--204.
Screening and Adverse Selection in Frictional Markets (online appendix)
Journal of Political Economy, 2019, 1, 338--377.
Excess Reserves and Monetary Policy Implementation
(with Roc Armenter)
Review of Economic Dynamics, 2017, 23, 212--235.
Competing with Asking Prices
(with Ludo Visschers and Ronald Wolthoff)
Theoretical Economics, 2017, 12, 731--770.
Information Spillovers, Gains from Trade, and Interventions in Frozen Markets
(with Braz Camargo and Teddy Kim)
Review of Financial Studies, 2016, 29, 1291--1329.
Competing for Order Flow in OTC Markets
(with Guillaume Rocheteau and Pierre-Olivier Weill)
Journal of Money, Credit, and Banking, 2015, 47, 77--126.
Meeting Technologies and Optimal Trading Mechanisms in Competitive Search Markets (online appendix)
Journal of Economic Theory, 2015, 155, 1--15.
Trading Dynamics in Decentralized Markets with Adverse Selection
(with Braz Camargo)
Journal of Economic Theory, 2014, 153, 534--568.
Information Acquisition and the Exclusion of Evidence in Trials
(with Nicola Persico and Ludo Visschers)
Journal of Law, Economics, and Organiziation 2012, 28, 163--182.
Information, Liquidity, Asset Prices, and Monetary Policy
(with Andrew Postlewaite and Randall Wright)
Review of Economic Studies, 2012, 79, 1208--1238.
Information and Liquidity
Journal of Money, Credit, and Banking, 2012, 43, 355--377.
Information and Prices with Capacity Constraints
American Economic Review, 2011, 101, 1591--1600.
Directed Search with Multi-Vacany Firms
Journal of Economic Theory 2010, 145, 2108--2132.
B.E. Journal of Macroeconomics (Contributions), 2009, 9, article 17.
Implementing Monetary Policy in a Changing Federal Funds Market
Why Ask? The Role of Asking Prices in Transactions
Breaking the Ice: Government Interventions in Frozen Markets