# Publications Search Within Results Search Within Results search ## 94 results Show filters filter\_alt Sort by Year of PublicationAlphabetical A-Z sort ## 94 results Download 94 citations download- [BibTeX](/node/724766/export?format=bibtex) - [EndNote X3 XML](/node/724766/export?format=endnote8) - [EndNote 7 XML](/node/724766/export?format=endnote7) - [Endnote tagged](/node/724766/export?format=tagged) - [Marc](/node/724766/export?format=marc) - [PubMedId](/node/724766/export?format=pubmed_id) - [RIS](/node/724766/export?format=ris) ### 2026 Kashyap, Anil K, and Jeremy C. Stein. (March) 2026. “[Safeguarding the Treasury Market](/publication/safeguarding-treasury-market-0)”. *IMF’s F&D Magazine*, no. March 2026. Kashyap, Anil K, and Jeremy C. Stein. (March) 2026. “[Safeguarding the Treasury Market](/publication/safeguarding-treasury-market-0)”. *IMF’s F&D Magazine*, no. March 2026. - [ descriptionPublisher's Version](https://www.imf.org/en/Publications/fandd?cid=wp-com-fnd0326) - [ descriptionPublisher's Version](https://www.imf.org/en/Publications/fandd?cid=wp-com-fnd0326) Campbell, John Y., Jeremy C. Stein, and Alex A. Wu. 2026. “[Economic Budgeting for Endowment-Dependent Universities](/publication/economic-budgeting-endowment-dependent-universities)”. In *Financing Institutions of Higher Education*, John Y. Campbell and Kaye Husbands Fealing eds., 201-18. University of Chicago Press for NBER. Campbell, John Y., Jeremy C. Stein, and Alex A. Wu. 2026. “[Economic Budgeting for Endowment-Dependent Universities](/publication/economic-budgeting-endowment-dependent-universities)”. In *Financing Institutions of Higher Education*, John Y. Campbell and Kaye Husbands Fealing eds., 201-18. University of Chicago Press for NBER. - add\_circle do\_not\_disturb\_on Abstract - [ picture\_as\_pdf05 Campbell\_FinancialInst...](/sites/g/files/omnuum5951/files/2026-01/05%20Campbell_FinancialInstitutionsofHigherEducation.pdf) To understand their financial position, universities need to understand the long-term implications of their operating revenues and costs in relation to the financial assets they have available. Standard budgeting procedures that focus on one or two years... - [ picture\_as\_pdf05 Campbell\_FinancialInst...](/sites/g/files/omnuum5951/files/2026-01/05%20Campbell_FinancialInstitutionsofHigherEducation.pdf) Das, Mitali, Gita Gopinath, Helene Hall, Taehoon Kim, and Stein Jeremy C. 2026. “[Central Banks As Dollar Lenders of Last Resort: Implications for Regulation and Reserve Holdings](/publication/central-banks-dollar-lenders-last-resort-implications-regulation-and-reserve-holdings)”. *American Economic Journal: Macroeconomics* 18 (3): 1-41. Das, Mitali, Gita Gopinath, Helene Hall, Taehoon Kim, and Stein Jeremy C. 2026. “[Central Banks As Dollar Lenders of Last Resort: Implications for Regulation and Reserve Holdings](/publication/central-banks-dollar-lenders-last-resort-implications-regulation-and-reserve-holdings)”. *American Economic Journal: Macroeconomics* 18 (3): 1-41. - add\_circle do\_not\_disturb\_on Abstract - [ picture\_as\_pdfcentral banks as lenders ...](/sites/g/files/omnuum5951/files/2026-06/central%20banks%20as%20lenders%20of%20last%20resort%20aej%20macro%20July%202026.pdf) - [Online Appendix](/sites/g/files/omnuum5951/files/2025-07/Online%20Appendix_0.pdf) This paper explores how non-U.S. central banks behave when firms in their economies engage in currency mismatch, borrowing more heavily in dollars than justified by their operating exposures. We begin by documenting that, in a panel of 56 countries, central... - [ picture\_as\_pdfcentral banks as lenders ...](/sites/g/files/omnuum5951/files/2026-06/central%20banks%20as%20lenders%20of%20last%20resort%20aej%20macro%20July%202026.pdf) - [Online Appendix](/sites/g/files/omnuum5951/files/2025-07/Online%20Appendix_0.pdf) ### 2025 Kashyap, Anil K, Jeremy C. Stein, Jonathan L. Wallen, and Joshua Younger. 2025. “[Treasury Market Dysfunction and the Role of the Central Bank](/publication/treasury-market-dysfunction-and-role-central-bank)”. *Brookings Papers on Economic Activity* Spring: 221-96. Kashyap, Anil K, Jeremy C. Stein, Jonathan L. Wallen, and Joshua Younger. 2025. “[Treasury Market Dysfunction and the Role of the Central Bank](/publication/treasury-market-dysfunction-and-role-central-bank)”. *Brookings Papers on Economic Activity* Spring: 221-96. - add\_circle do\_not\_disturb\_on Abstract - [ picture\_as\_pdfBPEA-SP25\_WEB\_Kashyap\_Ste...](/sites/g/files/omnuum5951/files/2025-12/BPEA-SP25_WEB_Kashyap_Stein_Wallen_Younger.pdf) We build a simple model that shows how the incentives and constraints facing three key types of market players—broker-dealers, hedge funds, and asset managers—interact to create a heightened level of fragility in the Treasury market, and how this... - [ picture\_as\_pdfBPEA-SP25\_WEB\_Kashyap\_Ste...](/sites/g/files/omnuum5951/files/2025-12/BPEA-SP25_WEB_Kashyap_Stein_Wallen_Younger.pdf) Stein, Jeremy C., and Jonathan Wallen. 2025. “[The Imperfect Intermediation of Money-Like Assets](/publication/imperfect-intermediation-money-assets)”. *Journal of Finance* LXXX (6): 3185-3222. Stein, Jeremy C., and Jonathan Wallen. 2025. “[The Imperfect Intermediation of Money-Like Assets](/publication/imperfect-intermediation-money-assets)”. *Journal of Finance* LXXX (6): 3185-3222. - add\_circle do\_not\_disturb\_on Abstract - [ picture\_as\_pdfThe Journal of Finance - ...](/sites/g/files/omnuum5951/files/2025-11/The%20Journal%20of%20Finance%20-%202025%20-%20STEIN%20-%20The%20Imperfect%20Intermediation%20of%20MoneyLike%20Assets_0.pdf) We study supply-and-demand effects in the U.S. Treasury bill market by comparing the returns on T-bills to the policy rate on the Federal Reserve’s reverse repurchase (RRP) facility. We develop and test a simple model, where the RRP-bill spread is policed... - [ picture\_as\_pdfThe Journal of Finance - ...](/sites/g/files/omnuum5951/files/2025-11/The%20Journal%20of%20Finance%20-%202025%20-%20STEIN%20-%20The%20Imperfect%20Intermediation%20of%20MoneyLike%20Assets_0.pdf) ### 2024 Hanson, Samuel G., Victoria Ivashina, Laura Nicolae, Jeremy C. Stein, Adi Sunderam, and Daniel K. Tarullo. 2024. “[The Evolution of Banking in the 21st Century: Evidence and Regulatory Implications](/publications/evolution-banking-21st-century-evidence-and-regulatory-implications)”. *Brookings Paper on Economic Activity*, no. Spring: 343–389. Hanson, Samuel G., Victoria Ivashina, Laura Nicolae, Jeremy C. Stein, Adi Sunderam, and Daniel K. Tarullo. 2024. “[The Evolution of Banking in the 21st Century: Evidence and Regulatory Implications](/publications/evolution-banking-21st-century-evidence-and-regulatory-implications)”. *Brookings Paper on Economic Activity*, no. Spring: 343–389. - [ picture\_as\_pdfPDF](/sites/g/files/omnuum5951/files/16937-bpea-bpea-sp24_web-hanson-et-al.pdf) - [ picture\_as\_pdfPDF](/sites/g/files/omnuum5951/files/16937-bpea-bpea-sp24_web-hanson-et-al.pdf) ### 2023 Greenwood, Robin, Samuel Hanson, Jeremy C. Stein, and Adi Sunderam. 2023. “[A Quantity-Driven Theory of Term Premia and Exchange Rates](/publications/quantity-driven-theory-term-premia-and-exchange-rates)”. *Quarterly Journal of Economics* 138 (4): 2327-89. Greenwood, Robin, Samuel Hanson, Jeremy C. Stein, and Adi Sunderam. 2023. “[A Quantity-Driven Theory of Term Premia and Exchange Rates](/publications/quantity-driven-theory-term-premia-and-exchange-rates)”. *Quarterly Journal of Economics* 138 (4): 2327-89. - [ picture\_as\_pdfPDF](/sites/g/files/omnuum5951/files/stein/files/qjad024.pdf) - [ picture\_as\_pdfAppendix](/sites/g/files/omnuum5951/files/stein/files/ghss_fx_ia_wtables_20220825.pdf) - [ picture\_as\_pdfPDF](/sites/g/files/omnuum5951/files/stein/files/qjad024.pdf) - [ picture\_as\_pdfAppendix](/sites/g/files/omnuum5951/files/stein/files/ghss_fx_ia_wtables_20220825.pdf) Kashyap, Anil, and Jeremy C. Stein. 2023. “[Monetary Policy When the Central Bank Shapes Financial-Market Sentiment](/publications/monetary-policy-when-central-bank-shapes-financial-market-sentiment)”. *Journal of Economic Perspectives* 37 (1): 53-76. Kashyap, Anil, and Jeremy C. Stein. 2023. “[Monetary Policy When the Central Bank Shapes Financial-Market Sentiment](/publications/monetary-policy-when-central-bank-shapes-financial-market-sentiment)”. *Journal of Economic Perspectives* 37 (1): 53-76. - [ picture\_as\_pdfPDF](/sites/g/files/omnuum5951/files/stein/files/jep_paper_monetary_policy_and_sentiment.pdf) - [ picture\_as\_pdfAppendix](/sites/g/files/omnuum5951/files/stein/files/jep_model_appendix.pdf) - [ picture\_as\_pdfPDF](/sites/g/files/omnuum5951/files/stein/files/jep_paper_monetary_policy_and_sentiment.pdf) - [ picture\_as\_pdfAppendix](/sites/g/files/omnuum5951/files/stein/files/jep_model_appendix.pdf) ### 2021 Gopinath, Gita, and Jeremy Stein. 2021. “[Banking, Trade, and the Making of a Dominant Currency](/publications/banking-trade-and-making-dominant-currency)”. *Quarterly Journal of Economics* 136 (2): 783-830. Gopinath, Gita, and Jeremy Stein. 2021. “[Banking, Trade, and the Making of a Dominant Currency](/publications/banking-trade-and-making-dominant-currency)”. *Quarterly Journal of Economics* 136 (2): 783-830. - [ picture\_as\_pdfPDF](/sites/g/files/omnuum5951/files/stein/files/gopinath-stein_qje_2021.pdf) - [ picture\_as\_pdfAppendix](/sites/g/files/omnuum5951/files/stein/files/dominant_currency_september_2020_appendix.pdf) - [ picture\_as\_pdfPDF](/sites/g/files/omnuum5951/files/stein/files/gopinath-stein_qje_2021.pdf) - [ picture\_as\_pdfAppendix](/sites/g/files/omnuum5951/files/stein/files/dominant_currency_september_2020_appendix.pdf) Stein, Jeremy. 2021. “[Can Policy Tame the Credit Cycle?](/publications/can-policy-tame-credit-cycle)”. *IMF Economic Review*. Stein, Jeremy. 2021. “[Can Policy Tame the Credit Cycle?](/publications/can-policy-tame-credit-cycle)”. *IMF Economic Review*. - [ picture\_as\_pdfPDF](/sites/g/files/omnuum5951/files/stein/files/credit_cycles_41308_2020_125_onlinepdf.pdf) - [ picture\_as\_pdfPDF](/sites/g/files/omnuum5951/files/stein/files/credit_cycles_41308_2020_125_onlinepdf.pdf) ### 2020 Hanson, Samuel G., Jeremy Stein, Adi Sunderam, and Eric Zwick. 2020. “[Business Credit Programs in the Pandemic Era](/publications/business-credit-programs-pandemic-era)”. *Brookings Papers on Economic Activity*, no. Fall: 3-60. Hanson, Samuel G., Jeremy Stein, Adi Sunderam, and Eric Zwick. 2020. “[Business Credit Programs in the Pandemic Era](/publications/business-credit-programs-pandemic-era)”. *Brookings Papers on Economic Activity*, no. Fall: 3-60. - [ picture\_as\_pdfPDF](/sites/g/files/omnuum5951/files/stein/files/brookings_2020_final.pdf) - [ picture\_as\_pdfbrookings\_appendix\_hanson...](/sites/g/files/omnuum5951/files/stein/files/brookings_appendix_hanson_et_al_10-2021.pdf) - [ picture\_as\_pdfPDF](/sites/g/files/omnuum5951/files/stein/files/brookings_2020_final.pdf) - [ picture\_as\_pdfbrookings\_appendix\_hanson...](/sites/g/files/omnuum5951/files/stein/files/brookings_appendix_hanson_et_al_10-2021.pdf) ### 2018 Stein, Jeremy, and Adi Sunderam. 2018. “[The Fed, the Bond Market, and Gradualism in Monetary Policy](/publications/fed-bond-market-and-gradualism-monetary-policy)”. *Journal of Finance* 73 (3): 1015-60. Stein, Jeremy, and Adi Sunderam. 2018. “[The Fed, the Bond Market, and Gradualism in Monetary Policy](/publications/fed-bond-market-and-gradualism-monetary-policy)”. *Journal of Finance* 73 (3): 1015-60. - [ picture\_as\_pdfPDF](/sites/g/files/omnuum5951/files/stein/files/stein_et_al-2018-the_journal_of_finance.pdf) - [ picture\_as\_pdfPDF](/sites/g/files/omnuum5951/files/stein/files/stein_et_al-2018-the_journal_of_finance.pdf) - Previous page chevron\_left - [1](?page=0 "Current page") - [2](?page=1 "Go to page 2") - [3](?page=2 "Go to page 3") - [ Last page 8 ](?page=7 "Go to last page") - [ Next page chevron\_right ](?page=1 "Go to next page")