Working papers

 

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)

Job Referrals and Hiring Skills (Draft coming soon!)

(with David Rivers and Giorgio Topa)

Interviews and the Assignment of WOrkers to Jobs

(with Ronald Wolthoff)

Published papers

 

frictional Intermediation in Over-the-Counter Markets (online appendix)

(with Julien Hugonnier and Pierre-Olivier Weill)

Review of Economic Studies, forthcoming.

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)

(with Ali Shourideh, Venky Venkateswaran, and Ariel Zetlin-Jones)

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)

(with Ludo Visschers and Ronald Wolthoff)

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

(with Andrew Postlewaite and Randall Wright)

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.

Settlement Systems

B.E. Journal of Macroeconomics (Contributions), 2009, 9, article 17.

Policy Papers