Publication
Is There Too Much Benchmarking in Asset Management? (2023) with Anil Kashyap, Natalia Kovrijnykh, and Anna Pavlova
American Economic Review
The Benchmark Inclusion Subsidy (2021) with Anil Kashyap, Natalia Kovrijnykh, and Anna Pavlova
Journal of Financial Economics
Working Papers
Investor Composition and the Liquidity Component in the U.S. Corporate Bond Market (2023) with Haiyue Yu
Conditionally accepted, Journal of Finance
Corporate Bond Multipliers: Substitutes Matter (2023) with Manav Chaudhary and Zhiyu Fu
R&R at Review of Financial Studies
Intermediation via Credit Chains (2023) with Zhiguo He
R&R at Journal of Finance
The Convenience Yield, Inflation Expectations, and Public Debt Growth (2023) with Zhiyu Fu and Yinxi Xie
R&R at Review of Financial Studies
The Market for Sharing Interest Rate Risk: Quantities and Asset Prices (2024) with Umang Khetan, Ioana Neamțu and Ishita Sen
Borrowing from a Bigtech Platform (2023) with Stefano Pegoraro
The Value of Data to Fixed Income Investors (2023) with Jennie Bai and Asaf Manela
Older Papers
Investor Concentration, Liquidity and Bond Price Dynamics with Haiyue Yu
The Pricing and Welfare Implications of Non-Anonymous Trading with Ehsan Azarmsa