Research

Published and Forthcoming Papers

Incentives and Performance with Optimal Money Management Contracts, Journal of Political Economy, 2023 [article][ssrn version][online appendix][supplemental material]

Risk Aversion with Nothing to Lose, Journal of Economic Theory, 2024 [article][ssrn version][online appendix]

Demand-Driven Bond Financing in the Euro Area, with Mattia Montagna, Journal of Financial and Quantitative Analysis, 2025 [article][ssrn version][online appendix]

Borrowing from a Bigtech Platform, with Jian Li, Review of Financial Studies, accepted [paper]

Working Papers

Democratizing Illiquid Assets: Liquidity Transformation and Performance in Interval Funds, with Sophie Shive and Rafael Zambrana [paper]

The US Treasury’s Biggest Short, with Ljubica Georgievska and Anthony Saunders [paper]

Corporate Misconduct and the Capital Allocation of Prosocial Investors, with Antonino Emanuele Rizzo and Rafael Zambrana [paper]

Permanent Working Papers

Defuse the Bomb: Re-Wiring Interbank Networks, with Matteo Chinazzi and Giorgio Fagiolo [paper]