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, forthcoming [article] [ssrn version]
Working Papers
Optimal Index-Linked Rebalancing with Anticipatory Trading, with Marco Sammon and John J. Shim [paper][metadata]
• Presentations: 2026 Bristol Financial Markets Conference*, 2026 University of Washington Summer Finance Conference*, 2026 Happy Valley Finance Conference*
Democratizing Illiquid Assets: Liquidity Transformation and Performance in Interval Funds, with Sophie Shive and Rafael Zambrana [paper]
• Presentations: 2025 Wabash River Finance Conference, 2025 UNC Private Equity Research Symposium, 2026 Bretton Woods Ski Conference, 2026 SWFA Conference, 2026 FMA Asset Management Consortium, 2026 World Symposium on Investment Research, 2026 ESADE Spring Workshop*, 2026 Mitsui Symposium on Private Capital Markets*, 2026 Annual Private Markets Research Conference*, 2026 Professional Asset Management Conference*, 2026 Bristol Financial Markets Conference*, 2026 Helsinki Finance Summit*, 2026 European Financial Association*
The US Treasury’s Biggest Short, with Ljubica Georgievska and Anthony Saunders [paper]
• Presentations: University of Notre Dame, BI Norwegian Business School, 2025 Colorado Finance Summit, 2025 ESADE Spring Workshop, 2026 Midwest Finance Association, 2025 Young Scholars Finance Consortium at Texas A&M, 2026 Consortium on Asset Management, 2026 Sovereign Bond Market Conference*, 2026 LAPE Finest Spring Workshop*
Corporate Misconduct and the Capital Allocation of Prosocial Investors, with Antonino Emanuele Rizzo and Rafael Zambrana [paper]
• Presentations: University of Notre Dame, Clemson ESG and Policy Research Conference, European FMA, Finance Forum, Gerzensee ESSFM, Berlin Asset Management Conference, Zhejiang University, Boca-ECGI Corporate Finance and Governance Conference, Loyola University Chicago, Eastern Finance Association, 2025 World Symposium on Investment Research
Permanent Working Papers
Defuse the Bomb: Re-Wiring Interbank Networks, with Matteo Chinazzi and Giorgio Fagiolo [paper]