Source Themes

DeFi Lending Protocols: Liquidation Risk and the Carry Trade

Available on request

Do workers, managers, and stations matter for effective policing? A decomposition of productivity into three dimensions of unobserved heterogeneity.

I develop an estimation methodology that allows for three-sided heterogeneity. I implement this on matched panel data. I use machine learning in the classification step of the estimation of a Markovian model of worker mobility and apply it to novel data on police departments.

Decentralized Stablecoins and Collateral Risk (Research Assistant)

The paper study the mechanisms that govern price stability of MakerDAO's DAI token, the first decentralized stable coin.Using data on the universe of collateralized debt positions, we show that DAI price covaries negatively with returns to risky collateral. The peg-price volatility is related to collateral risk, while the stability rate has little ability to stabilize the coin. The introduction of safe collateral types has led to an increase in peg stability

News and After-Hours Trading in Equities market (Research Assitant)

This paper explores after-hours trading (AHT) in U.S. equity markets.

Effects of Airbnb on the housing market: Evidence from London.

I combine data from Airbnb and Zoopla and examine how the prices of individual houses evolve over time as Airbnb penetrates the market in Greater London.

Resisting modernisation due to resentment? Evidence from British India.

Using novel data combining the religion of the final pre-colonial ruler with literacy outcomes of Hindus and Muslims in India between 1881 and 1921, we show that religious groups resisted modern education due to foreign occupation.

Private Returns to Bureaucratic Appointments: Evidence from Financial Disclosures

We examine the high-powered financial incentives for bureaucrats. We digitize the financial disclosures of elite bureaucrats from India and combine this novel data with web-scraped career histories to estimate the private returns to public servants …