Publications

"Blockchain Without Waste: Proof-of-Stake"

Review of Financial Studies, Forthcoming

"Evolution of Shares in a Proof-of-Stake Cryptocurrency"
with Ioanid Rosu

Management Science, Forthcoming

"CDS Returns"

with Patrick Augustin and Haohua Xu

Journal of Economic Dynamics and Control, Forthcoming

Working Papers

"Economics of Permissioned Blockchain Adoption" 

with Garud Iyengar, Jay Sethuraman and Wenjun Wang

Management Science, Revise and Resubmit

"Economic Implications of Scaling Blockchains: Why the Consensus Protocol Matters"

with Kose John and Thomas Rivera 

"Bitcoin's Fatal Flaw: The Limited Adoption Problem"
with Franz Hinzen and Kose John

"The Public Blockchain Ecosystem: An Empirical Analysis"
with Felix Irresberger and Kose John

"How Do Private Digital Currencies Affect Government Policy?"
with Max Raskin and David Yermack

Work In Progress

"Bitcoin and Beyond"
with Kose John and Maureen O'Hara 

Annual Review of Financial Economics, Invited