Working papers

Moral Hazard and Debt Maturity (with Gur Huberman), September 2023.

Interest Rates, Market Power, and Financial Stability (with David Martinez-Miera), Revised May 2023.

The Deposits Channel of Monetary Policy: A Critical Review, December 2020.

The Reversal Interest Rate: A Critical Review, October 2020.

Markets, Banks, and Shadow Banks (with David Martinez-Miera), October 2018.

Burning Money? Government Lending in a Credit Crunch (with Gabriel Jiménez, José-Luis Peydró and Jesús Saurina), August 2018.