Yuanyu Qu,Guojun Wang, Lin William Cong (叢林) Nov 21,2024
Working Paper No.00144-00
We present the first piece of empirical evidence on blockchain adoption for environmental monitoring. Using a staggered difference-in-difference (DID) framework,... Read More
Nicolas Inostroza Apr 26,2023
Working Paper No.00098-00
How much information about financial institutions' balance sheets should regulators pass on to the market? To minimize the probability of... Read More
Jason Allen, Milena Wittwer Jul 18,2023
Working Paper No.00109-00
In traditional over-the-counter markets, investors trade bilaterally through intermediaries. We assess whether and how to shift trades on a centralized... Read More
Jason Allen, Milena Wittwer Jul 18,2023
Working Paper No.00110-00
We examine how intermediary capitalization affects asset prices in a framework that allows for intermediary market power. We introduce a... Read More
Thomas Philippon, Cecilia Parlatore Sep 25,2023
Working Paper No.00074-01
We study the optimal design of stress scenarios. A principal manages the unknown risk exposures of agents by asking them to... Read More
Batchimeg Sambalaibat Jul 07,2021
Working Paper No.00014-02
We build a directed search model of network formation. We propose that a core-periphery interdealer network arises from dealer specialization. Read More
Batchimeg Sambalaibat Jul 07,2021
Working Paper No.00072-00
I build a search model of bond and credit default swap (CDS) markets with endogenous investor participation and show that... Read More