Assistant Professor of Insurance and Risk Management
Contract theory, financial intermediation, applied econometrics
Testing contract theory in insurance markets, the role of debt contracts in corporate financial and investment decisions, the costs and benefits of securitization.
(with David Smith and Amir Sufi)
“Creditor Control Rights and Firm Investment Policy.” (working paper, 2007)
(with Mark Carey)
“Is the Corporate Loan Market Globally Integrated? A Pricing Puzzle.” Journal of Finance 62:6 (December 2007).
“Ex-post Behavior in Insurance Markets.” (working paper, 2006).
(with Paul Kofman)
“Learning to Share: Evidence on the Value of Relationships in Insurance.” (working paper, 2006)
(with Paul Kofman)
“Asymmetric Learning in Insurance Markets,” in Chiappori, Pierre-Andre & Gollier, Christian (eds), Competitive Failures in Insurance Markets Theory and Policy Implications.
PhD, University of Pennsylvania, Wharton School, 2002; BA, Swarthmore College, 1994
Huebner Foundation Doctoral Fellowship, 1997-2001
Wharton: 2007-present
Federal Reserve Board of Governors: Economist, 2002-2007 Reliance Insurance Company: Actuary, 1994-1997
