Publications

Clayton, Christopher and Andreas Schaab (2022). “Multinational Banks and Financial Stability.” Quarterly Journal of Economics, 137(3): 1681-1736. Journal Link Online Appendix

Clayton, Christopher, Antonio Coppola, Amanda Dos Santos, Matteo Maggiori, and Jesse Schreger (2023). "China in Tax Havens." AEA Papers and Proceedings, 113: 114-19. Journal Link

Antill, Samuel and Christopher Clayton (2024). "Crisis Interventions in Corporate Insolvency." Journal of Finance, forthcoming

Working Papers

"A Theory of Economic Coercion and Fragmentation" (with Matteo Maggiori, Jesse Schreger), June 2024

"A Framework for Geoeconomics" (with Matteo Maggiori, Jesse Schreger), June 2024

“Internationalizing Like China” (with Amanda Dos Santos, Matteo Maggiori, Jesse Schreger), Feb 2024.
Revise & Resubmit, American Economic Review
NBER WP with further results

“A Theory of Dynamic Inflation Targets” (with Andreas Schaab), July 2024
Revise & Resubmit, American Economic Review

“Bail-Ins, Optimal Regulation, and Crisis Resolution” (with Andreas Schaab), July 2024
Revise & Resubmit, Review of Financial Studies

"Optimal Illiquidity" (with John Beshears, James Choi, Christopher Harris, David Laibson, and Brigitte Madrian), May 2024
Revise & Resubmit, Journal of Financial Economics

"Heterogeneous Price Rigidities and Monetary Policy" (with Xavier Jaravel and Andreas Schaab), Aug 2018