"Open-Ended Treasury Purchases: From Market Functioning to Financial Easing,” (with M. Gillet, S. Schulhofer-Wohl, and T. Seida), FRB of Chicago Working Paper No. 2024-08, March 2024.
received a R&R from the Review of Financial Studies.
“The Benchmark Greenium,” (with Johannes Klausmann and N. Aaron Pancost), November 18, 2022. (available at SSRN)
received a R&R from the Journal of Financial Economics.
“Balance Sheet Policy Uncertainty and Its Aggregate Implications,” (with Corey Feldman), FRB of Chicago Working Paper No. 2024-14, August 2024.
“The Impact of Covid-19 Related Policy Responses on Municipal Debt Markets” (with Robert Bernhardt and Santiago I. Sordo Palacios), FRB of Chicago Working Paper No. 2021-14, September 2021.
“Issues in the Use of the Balance Sheet Tool” (with Mark A., Carlson, Cristina Fuentes-Albero, Bernd Schlusche, and Paul R., Wood), FEDS Working Paper No. 2020-71, August 2020.
“Impacts of the Fed Corporate Credit Facilities through the Lenses of ETFs and CDX” (with Vamsidhar Kurakula and Stephen Lee), FRB of Chicago Working Paper No. 2020-14, May 2020.
“Duration Risk versus Local Supply Channel in Treasury Yields: Evidence from the Federal Reserve's Asset Purchase Announcements” (with Michael E. Cahill, Canlin Li, and John S. Sears). Finance and Economics Discussion Series 2013-35. Board of Governors of the Federal Reserve System, 2013.
“Uncertainty and Disagreement in Economic Forecasting” (with Athanasios Orphanides), Finance and Economics Discussion Series 2008-56. Board of Governors of the Federal Reserve System, 2008.
Work in Progress
“Do not underestimate QT,” with M. Gillet, C. Price, and B. Wickman