Research
Publications
- Portfolios Generated by Contingent Claim Functions, with Applications to Option Pricing Finance and Stochastics, July 2026, 30(3), p. 873–901
- Racing to Zipf’s Law: Race and Metropolitan Population Size 1910–2020 Journal of Regional Science, June 2024, 64(3), p. 649–670 Online Supplemental Material
- Rising Inequality and Declining Mobility in the Forbes 400 Economics Letters, September 2023, 230, 111235 Forbes 400 Intergenerational Data Set
- Heterogeneous Dynasties and Long-Run Mobility Economic Journal, April 2022, 132(643), p. 906–925 Presentation Slides·Stone Centre Summary
- Permutation-Weighted Portfolios and the Efficiency of Commodity Futures Markets Annals of Finance, March 2022, 18(1), p. 81–108 Presentation Slides
- The Rise of Big U.S. Banks and the Fall of Big European Banks: A Statistical Decomposition European Economic Review, June 2021, 135, 103723 Presentation Slides
- Zipf’s Law for Atlas Models Journal of Applied Probability, December 2020, 57(4), p. 1276–1297 Presentation Slides·Related Working Paper
- Nonparametric Methods and Local-Time-Based Estimation for Dynamic Power Law Distributions Journal of Applied Econometrics, November/December 2017, 32(7), p. 1244–1260 Presentation Slides
- Bank Asset Concentration Not Necessarily a Cause for Worry Federal Reserve Bank of Dallas Economic Letter, June 2017, 12(7), p. 1–4
- Pulling up the Tarnished Anchor: The End of Silver as a Unit of Account Journal of International Money and Finance, June 2017, 74, p. 209–228 VoxEu Column
- Big Banks, Idiosyncratic Volatility, and Systemic Risk American Economic Review: Papers & Proceedings, May 2017, 107(5), p. 603–607 Wall Street Journal Coverage
- The Distributional Effects of Progressive Capital Taxes Journal of Economic Policy Reform, 2017, 15(2), p. 99–112 Related Working Paper·Presentation Slides·Econbrowser Summary
- A Model of Economic Mobility and the Distribution of Wealth Journal of Macroeconomics, December 2016, 50, p. 168–192 Presentation Slides
- Exchange Rate Manipulation and Constructive Ambiguity International Economic Review, November 2015, 56(4), p. 1323–1348 Presentation Slides·Supplemental Materials
- Instability and Concentration in the Distribution of Wealth Journal of Economic Dynamics and Control, July 2014, 44, p. 251–269 Presentation Slides·VoxEu Column·Baseline Scenario Discussion
- Terrorism and the Invisible Hook Southern Economic Journal, April 2013, 79(4), p. 849–863
Works in Progress
- Stochastic Portfolio Theory with Applications Book Manuscript, In Preparation
Updated July 2026