Information
Education: Ph.D. in Economics, Harvard University, 2016.
Current Affiliations: Assistant Professor of Finance, Wharton School, University of Pennsylvania.
Research Field
· Asset Pricing
· Corporate Finance
· Financial Economics
· Money and Banking
· Financial Intermediation
· Financial Crises
· Innovation
Recent Work
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Steering a Ship in Illiquid Waters: Active Management of Passive FundsForthcoming | Review of Financial Studies | with Naz Koont, Yiming Ma & Lubos Pastor
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FinTech Lending and Cashless PaymentsForthcoming | Journal of Finance | with Pulak Ghosh & Boris Vallee
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Stablecoin Runs and the Centralization of Arbitrage2024 | Working Paper | with Yiming Ma & Anthony Lee Zhang
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Payments, Reserves, and Financial Fragility2024 | Working Paper | with Itay Goldstein & Ming Yang
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The Making of an Alert Depositor: How Payment and Interest Drive Deposit Dynamics2024 | Working Paper | with Xu Lu & Yang Song
Engagment Highlights
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