My research examines how government interventions and regulatory competition shape financial markets, with a focus on municipal bonds and global banks.
In my job market paper, I show that state tax shields in municipal bonds reduce local bond yield spreads but distort risk-sharing and impose negative externalities on other states. In other work, I show that the U.S. and China have divergent approaches to compliance enforcement and explore how these strategies impact global banks.
I will teach an undergraduate course on investments (MGT 3076).
I earned my Ph.D. in Finance from Stanford University. My research builds on my experience in the Research Department at the International Monetary Fund. I also hold a B.A. in Financial Economics with a concentration in Mathematics from Columbia University.