ACADEMIC Research

Homepage, Policy Research Page, Presentations Page

CV, Google Scholar, Research Statement

Working Papers

• Credit Card Minimum Payment Restrictions, July 2024. Bank of Canada Staff Working Paper No. 2024-26.

- With Jason Allen & Michael Boutros.

• Unraveling Information Sharing in Consumer Credit Markets, March 2024.

- My 2023-24 Job Market Paper. With Andrés Shahidinejad.

- Chicago Booth Review Article.

- This research is supported by the NBER Consumer Finance Dissertation Fellowship, Stigler Center PhD Dissertation Award, Bradley Fellowship, and Fama-Miller Center for Research in Finance's John and Serena Liew Fellowship.

• Disaster Flags: Credit Reporting Relief from Natural Disasters, September 2023.

- Chicago Booth Review Article.

• The Semblance of Success in Nudging Consumers to Pay Down Credit Card Debt, December 2023. NBER Working Paper No. 31926. American Economic Journal: Economic Policy (Revised & Resubmitted, Second Round).

- With Paul Adams, Stefan Hunt, David Laibson, Neil Stewart, & Jesse Leary.

- Chicago Booth Review Article.

Publications

• Consumer Credit Reporting Data Journal of Economic Literature, Forthcoming, 2024.

- With Christa Gibbs, Donghoon Lee, Scott Nelson, Wilbert van der Klaauw, & Jialan Wang.

- Journal link. Previously circulated as NBER Working Paper No. 32791, CFPB Office of Research Working Paper No. 2024-07, and Federal Reserve Bank of New York Staff Report No. 1114.

• How Do Payday Loans Affect Borrowers? Evidence from the U.K. Market Review of Financial Studies, 32 (2), 496–523, 2019.

- With John Gathergood & Stefan Hunt.

- Reprinted in Society for Financial Studies Virtual Issue on Debt.

• Default Effects of Credit Card Minimum Payments Journal of Marketing Research, 59 (4), 775–796, 2022.

- With Hiroaki Sakaguchi, Neil Stewart, John Gathergood, Paul Adams, Lucy Hayes, & Stefan Hunt.

- American Marketing Association Blog.

• Do Nudges Reduce Borrowing and Consumer Confusion in the Credit Card Market? Economica, 89 (S1: Centenary Issue 1921 - 2021), S178–S199, 2022. Solicited for Centenary Issue.

- With Paul Adams, Lucy Hayes, Stefan Hunt, David Laibson, & Neil Stewart.

- Chicago Booth Review Video & Article (covering Economica & Journal of Marketing Research papers).

• Buy Now, Pay Later (BNPL) ...On Your Credit Card Journal of Behavioral and Experimental Finance, 37, 100788, 2023.

- With Chris Firth & John Gathergood.

- Op-Ed on BNPL, Chicago Booth Review Article.

• Trends in Medical Debt During the COVID-19 Pandemic JAMA Health Forum, 3 (5), e221031, 2022.

- With Ray Kluender, Neale Mahoney, Francis Wong, Xuyang Xia, & Wes Yin.

- Chicago Booth Review Article.

• Levelling Down and the COVID-19 Lockdowns: Uneven Regional Recovery in UK Consumer Spending CEPR Covid Economics, 67, 24–52, 2021.

- With John Gathergood, Fabian Gunzinger, Edika Quispe-Torreblanca, & Neil Stewart.

- Chicago Booth Review Article.

• The English Patient: Evaluating Local Lockdowns Using Real-Time COVID-19 & Consumption Data CEPR Covid Economics, 64, 73–100, 2021.

- With John Gathergood.

- Chicago Booth Review Article & VoxEU/CEPR interview covering this and the paper below.

• Tracking and Stress-Testing U.S. Household Leverage Economic Policy Review, 24 (1), 35–63, 2018.

- With Andreas Fuster & Andrew Haughwout.

- Liberty Street Economics Blog, Updated Data.

Selected Works-in-Progress

• Dynamic Heuristics

• Access to Credit & Credit Invisibility

- With Tony Cookson & Will Mullins.

Homepage, Policy Research Page, Presentations Page