I am an assistant professor of finance at the Wharton School of the University of Pennsylvania. My research studies how financial institutions create safe, money-like assets by making risky investments and how this exposes the financial system to crises. My research examines both how financial regulation can prevent financial crises and how fiscal and monetary stimulus can mitigate the recessions that occur after crises.
My research applies a range of methods from empirical asset pricing, industrial organization, macroeconomics, and financial intermediation theory with a specific focus on understanding how safe asset creation by financial institutions matters both for financial crises and for business cycles more broadly.
This appearance on David Beckworth's Macro Musing Podcast presents a one hour overview of my research agenda and related thoughts on central bank policy.
Will Diamond on Safe Assets, Risk-Free Rates, and Convenience Yields and their Implications for Policy
My Curriculum Vitae
My research applies a range of methods from empirical asset pricing, industrial organization, macroeconomics, and financial intermediation theory with a specific focus on understanding how safe asset creation by financial institutions matters both for financial crises and for business cycles more broadly.
This appearance on David Beckworth's Macro Musing Podcast presents a one hour overview of my research agenda and related thoughts on central bank policy.
Will Diamond on Safe Assets, Risk-Free Rates, and Convenience Yields and their Implications for Policy
My Curriculum Vitae
