Hospital Financial Health and Clinical Choices: Evidence from the Financial Crisis, 2022, with Manuel Adelino and Katharina Lewellen, Management Science68(3):2098-2119, MS (link), WP (PDF).

Household Mortgage Refinancing Decisions are Neighbor Influenced, Especially along Racial Lines, 2022, with Avni Shah, Journal of Urban Economics, 128:103409, JUE (link), WP (PDF).

Does Household Finance Affect the Political Process? Evidence from Voter Turnout During a Housing Crisis, 2021, Review of Financial Studies, 34(2):949-984, RFS (link), WP (PDF).

Working Papers

Political Polarization Affects Households’ Financial Decisions, Evidence from Home Sales, 2021, with John Orellana-Li and Calvin Zhang, conditionally accepted at the Journal of Finance, WP (PDF).

Neighborhood Social Interactions Lead to Policy Spillovers: Evidence from Mortgage Refinancing following Conforming Loan Limit Changes, 2023, with Avni Shah, revise and resubmit at the Journal of the Association for Consumer Research, WP (PDF).

Distinguishing Causes of Neighborhood Racial Change: A Nearest Neighbor Design, 2022, with Patrick Bayer, Marcus Casey, John Orellana-Li, and Calvin Zhang, reject and resubmit at the American Economic Review, WP (PDF), NBER (link).

The Role of Government and Private Institutions in Credit Cycles in the U.S. Mortgage Market, 2020, with Manuel Adelino and Antoinette Schoar, WP (PDF), NBER (link).

Works in Progress

Americans Vote with their Pocketbooks: Evidence from Adjustable-Rate Mortgages, with Haoyang Liu, Rodney Ramcharan, Calvin Zhang, and Xiaohan Zhang

Social Capital and Public Financing: New Evidence from Municipal Bond Referendum, with Sergey Chernenko, Ha Diep-Nguyen, Viet-Dung Doan, and Nathaniel Feige