PUBLISHED PAPERS: 

• Asset Liquidity and Financial Contracts: Evidence from Aircraft Leases.
  Journal of Financial Economics, Vol. 95, Issue 1 (Jan., 2010), pp. 62-84.

• Transparency and Economic Policy (with Alessandro Lizzeri).
  Review of Economic Studies, Vol. 76, No. 3 (July, 2009), pp. 1023-1048.
  Please see Addendum to Transparency and Economic Policy for additional results.

• The Perils of Transparency in Bureaucracies (with Alessandro Lizzeri).
  American Economic Review, Papers and Proceedings, Vol. 97, No. 2 (May, 2007), pp. 300-305.

WORKING PAPERS:

• The Role of Trading Frictions in Real Asset Markets,
  Updated: November 2008.
  Previous versions of the paper circulated under the titles "Liquidity in Real Asset Markets" and "Thick-Market Effects in Real Asset Markets".

• Leasing and Secondary Markets: Theory and Evidence from Commercial Aircraft, 
  Updated: February 2009. The previous (March 2007) version is available here.
  

• Dynamic Inefficiencies in an Employment-Based Health Insurance System: Theory and Evidence 
  (with Hanming Fang), Updated: October 2009.
  The previous version appeared as NBER Working Paper No. 13371.

• Demand Spillovers and Market Outcomes in the Mutual Fund Industry,
  October 2009.
  

• A Quantitative Analysis of the Used Car Market 
  (with Alessandro Lizzeri), coming soon.

PAPERS IN PROGRESS:

• An Empirical Equilibrium Model of a Decentralized Market.

• Consumer Credit and the Volatility of Durable Expenditure: Evidence from Car Purchases.