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 (Forthcoming).

Working Papers

Internationalizing Like China” (with Amanda Dos Santos, Matteo Maggiori, Jesse Schreger), Dec 2022

A Theory of Dynamic Inflation Targets” (with Andreas Schaab), April 2023

Bail-Ins, Optimal Regulation, and Crisis Resolution” (with Andreas Schaab), Aug 2022. Revise & Resubmit, Review of Financial Studies

"Crisis Interventions in Corporate Insolvency" (with Samuel Antill), April 2023

"Optimal Illiquidity" (with John Beshears, James Choi, Christopher Harris, David Laibson, and Brigitte Madrian), Jul 2022

"Regulation with Externalities and Misallocation in General Equilibrium" (with Andreas Schaab)

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