Research

Updated May 2021
Google Scholar

Publications

  1. Currency Stability Using Blockchain Technology Forthcoming. Journal of Economic Dynamics and Control (joint with Bryan Routledge) [Github]
  2. Towards Understanding Cryptocurrency Derivatives: A Case Study of BitMEX. Proceedings of the 30th Web Conference WWW'21 (joint with Kyle Soska, Jin-Dong Dong, Alex Khodaverdian, Bryan Routledge, and Nicolas Christin) [BitMEX Data Explorer]
  3. The Ethics of Contentious Hard Forks in Blockchain Networks With Fixed Features Frontiers in Blockchain, Volume 2:9 (2019) 1--6 (joint with Tae Wan Kim)
  4. Screening and Adverse Selection in Frictional Markets Journal of Political Economy, Volume 127 (2019) 338--377 (joint with Benjamin Lester, Ali Shourideh, and Venky Venkateswaran) [Slides]
  5. External Financing and the Role of Financial Frictions over the Business Cycle: Measurement and Theory Journal of Monetary Economics, Volume 92 (2017) 1--15 (joint with Ali Shourideh) [Appendix, Slides]
  6. Bailouts, Moral Hazard and Banks' Home Bias for Sovereign Debt Journal of Monetary Economics, Volume 81 (2016) 70--85 (joint with Gaetano Gaballo) [Slides]
  7. Reputation and the Persistence of Adverse Selection in Secondary Loan Markets American Economic Review, Volume 104(12) (2014) 4027--4070 (joint with V.V. Chari and Ali Shourideh) [Slides]

Working Papers

  1. Getting Blockchain Incentives Right (joint with Zahra Ebrahimi and Bryan Routledge)
  2. Building Credit Histories (joint with Natalia Kovrijnykh and Igor Livshits)
  3. Market-Making with Search and Information Frictions (joint with Benjamin Lester, Ali Shourideh, and Venky Venkateswaran) [Slides]
  4. The Maturity Structure of Inside Money (joint with Burton Hollifield) [Slides]
  5. Moral Hazard in Remote Teams (joint with Emilio Bisetti and Benjamin Tengelsen), Revision Requested at International Economic Review
  6. Efficient Financial Crises [Slides]

Work in Progress

  1. Efficiency and Adverse Selection: On the Role of Mutual Contracts (joint with V.V. Chari and Ali Shourideh) [Slides]

Other Media

  1. The Financialization of Cryptocurrencies Blockchain Pulse: IBM Blockchain Blog (joint with Bryan Routledge)
  2. What is a Corporate Blockchain? Blockchain Pulse: IBM Blockchain Blog (joint with Bryan Routledge)