"In Support of Transparent Financial Benchmarks" (with Piotr Dworczak and Hoaxing Zhu), VOX, February 16, 2015.
"Resolution of Failing Central Counterparties," Working Paper, Graduate School of Business, Stanford University, December, 2014.
"Benchmarks in Search Markets" (with Piotr Dworczak and Haoxiang Zhu), Working Paper, Graduate School of Business, Stanford University, November, 2014.
"Reforming LIBOR and Other Financial-Market Benchmarks" (with Jeremy Stein), Working Paper, Graduate School of Business, Stanford University, September 2014, forthcoming, Journal of Economic Perspectives.
"Market Participants Group on Reforming Interest Rate Benchmarks, Final Report" (with the Market Participants Group), Financial Stability Board, March 2014.
"Libor Needs More Competition" (with Jeremy Stein), Bloomberg, July 22, 2014.
"Robust Benchmark Design" (with Piotr Dworczak), Working Paper, Graduate School of Business, Stanford University, September, 2014.
"Dynamic Directed Random Matching" (with Lei Qiao and Yeneng Sun), Working Paper, Graduate School of Business, Stanford University, June, 2014.
"Central Clearing and Collateral Demand" (with Martin Scheicher and Guillaume Vuillemey), forthcoming, Journal of Financial Economics, 2014.
"Challenges to A Policy Treatment of Speculative Trading Motivated by Differences in Beliefs," Journal of Legal Studies, Volume 43 (2014), pp. S173-S182.
"Information Percolation in Segmented Markets" (with Semyon Malamud and Gustavo Manso), Graduate School of Business, Stanford University, forthcoming, Journal of Economic Theory, 2014, Technical Appendices (published online only).
"A Bloomberg Essay on the Form of Bank Capital Regulations," January 7, 2014.
"Financial Market Infrastructure: Too Important to Fail," in The U.S. Financial System – Five Years After the Crisis, edited by Martin Bailey and John Taylor, forthcoming, Hoover Institution and Brookings Institute, 2014.
"A Sampling-Window Approach to Transactions-Based Libor Fixing" (with David Skeie and James Vickery), Federal Reserve Bank of New York Staff Report Number 513, February 2013.
"Replumbing Our Financial System — Uneven Progress," International Journal of Central Banking 2013, Volume 9, Supplement 1: 251-280.
"Drawing Boundaries Around and Through the Banking System," Chapter 1.2, World Economic Forum, Financial Development Report, October 31, 2012.
"Key Mechanics of the U.S. Tri-Party Repo Market" (with Adam Copeland, Antoine Martin, and Susan McLaughlin), Economic Policy Review of the Federal Reserve Bank of New York, October, 2012.
"Fixing the Flaw in Sovereign CDSs" (with Mohit Thukral), Risk Magazine, July, 2012.
Interview, The Region, Federal Reserve Bank of Minneapolis, June, 2012.
"Capital Mobility and Asset Pricing" (with Bruno Strulovici), Econometrica 2012, Volume 80:2469-2509. Supplement. The copyright to this article is held by the Econometric Society, http://www.econometricsociety.org.
"Market Making Under the Proposed Volcker Rule," a report to the Securities Industry and Financial Markets Association and a submission to the Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, and the Securities and Exchange Commission, January, 2012, Graduate School of Business, Stanford University.
"A Dialogue on the Costs and Benefits of Automatic Stays for Derivatives and Repurchase Agreements" (with David Skeel), U of Penn, Inst for Law & Econ Research Paper No. 12-02, January 2012. In Bankruptcy Not Bailout: A Special Chapter 14, edited by Kenneth E. Scott and John B. Taylor, Hoover Press, 2012.
Dark Markets: Asset Pricing and Information Transmission in Over-the-Counter Markets, Princeton University Press, 2012
"After MF Global: How to Protect Customers' Cash" (with Joseph Grundfest), Financial Times, December 6, 2011.
"On the Clearing of Foreign Exchange Derivatives," Graduate School of Business, Stanford University, May 2011. Comment on U.S. Treasury, "Determination of Foreign Exchange Swaps and Foreign Exchange Forwards under the Commodity Exchange Act," April, 2011.
"Reforming Money Market Funds," The Squam Lake Group, January, 2011.
"Systemic Risk Exposures: A 10-by-10-by-10 Approach," Working Paper, National Bureau of Economic Research, Systemic Risk Measurement Initiative, July, 2011. Forthcoming in Systemic Risk and Macro Modeling, Markus K. Brunnermeier and Arvind Krishnamurthy, editors, University of Chicago Press.
"Does a Central Clearing Counterparty Reduce Counterparty Risk?" (with Haoxiang Zhu), Review of Asset Pricing Studies 2011, Volume 1: 74-95.
"The Exact Law of Large Numbers for Independent Random Matching" (with Yeneng Sun), Journal of Economic Theory 2012, Volume 147: 1105-1139.
The copyright to this article is held by the Econometric Society, http://www.econometricsociety.org/. It may be downloaded, printed and reproduced only for personal or classroom use. Absolutely no downloading or copying may be done for, or on behalf of, any for-profit commercial firm or for other commercial purpose without the explicit permission of the Econometric Society. For this purpose, contact the Editorial Office of the Econometric Society at email@example.com.