Details about Tomasz Piskorski

Access statistics for papers by Tomasz Piskorski.

Last updated 2023-03-11. Update your information in the RePEc Author Service.

Short-id: ppi49

Working Papers

2024

1. Book Value Risk Management of Banks: Limited Hedging, HTM Accounting, and Rising Interest Rates
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (3)
2. NAR Settlement, House Prices, and Consumer Welfare
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (1)
3. The Secular Decline of Bank Balance Sheet Lending
   NBER Working Papers, National Bureau of Economic Research, Inc

2023

4. Aggregate Lending and Modern Financial Intermediation: Why Bank Balance Sheet Models are Miscalibrated
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (2)
   See also Chapter Aggregate Lending and Modern Financial Intermediation: Why Bank Balance Sheet Models Are Miscalibrated, NBER Chapters, National Bureau of Economic Research, Inc (2023) View citations (2) (2023)
5. Monetary Tightening and U.S. Bank Fragility in 2023: Mark-to-Market Losses and Uninsured Depositor Runs?
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (14)
6. Monetary Tightening, Commercial Real Estate Distress, and US Bank Fragility
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (4)

2021

7. Government and Private Household Debt Relief during COVID-19
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (29)

2020

8. Which Banks are (Over) Levered? Insights from Shadow Banks and Uninsured Leverage
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (24)
9. Why is Intermediating Houses so Difficult? Evidence from iBuyers
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (7)

2018

10. Beyond the Balance Sheet Model of Banking: Implications for Bank Regulation and Monetary Policy
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (13)
11. Debt Relief and Slow Recovery: A Decade after Lehman
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (1)

2017

12. An Equilibrium Model of Housing and Mortgage Markets with State-Contingent Lending Contracts
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (11)
13. Fintech, Regulatory Arbitrage, and the Rise of Shadow Banks
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (59)

2015

14. Mortgage Refinancing, Consumer Spending, and Competition: Evidence from the Home Affordable Refinancing Program
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (52)

2014

15. Mortgage Rates, Household Balance Sheets, and the Real Economy
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (70)

2013

16. Asset Quality Misrepresentation by Financial Intermediaries: Evidence from RMBS Market
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (43)
17. Policy Intervention in Debt Renegotiation: Evidence from the Home Affordable Modification Program
    Working Paper Series, Federal Reserve Bank of Chicago View citations (30)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2012) View citations (39)

Chapters

2023

1. Aggregate Lending and Modern Financial Intermediation: Why Bank Balance Sheet Models Are Miscalibrated
   A chapter in NBER Macroeconomics Annual 2023, volume 38, 2023, pp 239-287 View citations (2)
   See also Working Paper Aggregate Lending and Modern Financial Intermediation: Why Bank Balance Sheet Models are Miscalibrated, National Bureau of Economic Research, Inc (2023) View citations (2) (2023)