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