“...Economic analyses of corporate finance, money, and sovereign debt are largely considered separately. I introduce a novel corporate finance framing of sovereign...”

“...We propose a model of dynamic investment, financing, and risk management for financially constrained firms. The model highlights the central importance of the...”

“...We study how relationship lending and transaction lending vary over the business cycle. We develop a model in which relationship banks gather information on...”

“...ABSTRACT A risk‐averse entrepreneur with access to a profitable venture needs to raise funds from investors. She cannot indefinitely commit her human capital...”

“...Derivatives enjoy special status in bankruptcy: they are exempt from the automatic stay and effectively senior to virtually all other claims. We propose a...”

“...The paper analyzes contagious sovereign debt crises in financially integrated economies. Under financial integration banks optimally diversify their holdings...”

“...Background It is proposed that some individuals with Autism Spectrum Disorder (ASD) can ‘compensate’ for their underlying difficulties (e.g. in theory of mind;...”

“...Sovereign wealth funds (SWFs) are state-owned investment funds with combined asset holdings that are fast approaching four trillion dollars. Recently emerging...”

“...This article studies the connection between risk taking and executive compensation in financial institutions. A model of shareholders, debtholders, depositors,...”