FinTech Lending (with Tobias Berg and Manju Puri)

Biases in Information Selection and Processing: Survey Evidence from the Pandemic (with Ester Faia, Vincenzo Pezone, and Basit Zafar)

  • Review of Economics and Statistics, forthcoming

Expectations with Endogenous Information Acquisition: An Experimental Investigation (with Ricardo Perez-Truglia, Mirko Wiederholt, and Basit Zafar)

Predictably Unequal? The Effects of Machine Learning on Credit Markets (with Paul Goldsmith-Pinkham, Tarun Ramadorai, and Ansgar Walther)

  • Journal of Finance, 2022

  • Wharton School -- WRDS Award for Best Empirical Finance Paper, WFA 2019. [VoxEU] [The Economist] [Code]

Scale Effects on Efficiency and Profitability in the Swiss Banking Sector (with Marc Blatter)

    • Swiss Journal of Economics and Statistics, 2022

What Would You Do With $500? Spending Responses to Gains, Losses, News and Loans (with Greg Kaplan and Basit Zafar)

    • Review of Economic Studies, 2021

How Do Mortgage Refinances Affect Debt, Default, and Spending? Evidence from HARP (with Joshua Abel)

The Sensitivity of Housing Demand to Financing Conditions: Evidence from a Survey (with Basit Zafar)

Understanding Mortgage Spreads (with Nina Boyarchenko and David Lucca)

    • Review of Financial Studies, 2019

Home Price Expectations and Behavior: Evidence from a Randomized Information Experiment (with Luis Armona and Basit Zafar)

    • Review of Economic Studies, 2019

The Role of Technology in Mortgage Lending (with Matthew Plosser, Philipp Schnabl, and James Vickery)

Regional Heterogeneity and the Refinancing Channel of Monetary Policy (with Martin Beraja, Erik Hurst, and Joseph Vavra)

Tracking and Stress-Testing U.S. Household Leverage (with Benedict Guttman-Kenney and Andrew Haughwout)

Payment Size, Negative Equity, and Mortgage Default (with Paul Willen)

    • American Economic Journal: Economic Policy, 2017

    • [Working paper version, with more detail on main analysis but without heterogeneity and prime mortgage analyses included in AEJ version.]

To Buy or Not to Buy: Consumer Constraints in the Housing Market (with Basit Zafar)

    • American Economic Review Papers and Proceedings, 2016

The Rescue of Fannie Mae and Freddie Mac (with Scott Frame, Joseph Tracy, and James Vickery)

    • Journal of Economic Perspectives, 2015

Securitization and the Fixed-Rate Mortgage (with James Vickery)

The Endowment Effect (with Keith Ericson)

    • Annual Review of Economics, 2014

The Rising Gap between Primary and Secondary Mortgage Rates (with Laurie Goodman, David Lucca, Laurel Madar, Linsey Molloy, and Paul Willen)

What Goes Up Must Come Down? Experimental Evidence on Intuitive Forecasting (with John Beshears, James Choi, David Laibson, and Brigitte Madrian)

    • American Economic Review Papers and Proceedings, 2013

Natural Expectations, Macroeconomic Dynamics, and Asset Pricing (with Benjamin Hebert and David Laibson)

    • NBER Macroeconomics Annual 2011

Investment Dynamics with Natural Expectations (with Benjamin Hebert and David Laibson)

    • International Journal of Central Banking, 2012

Expectations as Endowments: Evidence on Reference-Dependent Preferences from Exchange and Valuation Experiments (with Keith Ericson)

Insuring Consumption Using Income-Linked Assets (with Paul Willen)

    • Review of Finance, 2011

Natural Expectations and Macroeconomic Fluctuations (with David Laibson and Brock Mendel)

    • Journal of Economic Perspectives, 2010

Another Hidden Cost of Incentives: The Detrimental Effect on Norm Enforcement (with Stephan Meier)

    • Management Science, 2010