I am a Lecturer (Assistant Professor) in Finance at the Department of Finance, University of Technology Sydney (UTS). I completed my PhD at the Department of Finance, Copenhagen Business School (CBS).

My primary research area is empirical financial intermediation, monetary policy, and macrofinance, with a particular focus on the syndicated corporate loan market.

Published Research

1. Corporate Loan Spreads and Economic Activity with Anthony Saunders, Sascha Steffen, Daniel Streitz , Review of Financial Studies, [Published version] [SSRN]

Abstract: We investigate the predictive power of loan spreads for forecasting business cycles, specifically focusing on more constrained, intermediary-reliant firms. We introduce a novel loan-market-based credit spread constructed using secondary corporate loanmarket prices over the 1999 to 2023 period. Loan spreads significantly enhance the prediction of macroeconomic outcomes, outperforming other credit-spread indicators. The paper also explores the underlying mechanisms, differentiating between borrower fundamentals and financial frictions, with evidence suggesting that supply-side frictions are a decisive factor in loan spreads’ forecasting ability.

Other Writing

1. What does the Mineral Resources crisis tell us about the state of corporate governance in Australia? [The Conversation]