News:
August 2026: I uploaded a new paper “Chips as Collateral: Vendor Guarantees and Obsolescence Risk in AI Hardware Financing.”
July 2026: I uploaded a new paper “Running to Insurance: The Two Margins of Bank Fragility.”
July 2026: I uploaded a significantly revised draft of “How the Cryptocurrency Market is Connected to the Financial Market” that is resubmitted (second round).
June 2026: “Macro-Financial Impact of Stablecoin’s Demand for Treasuries” got a second round R&R at the Journal of Economic Dynamics and Control.