Jason Roderick Donaldson

jasonrdonaldson@gmail.com

Portrait of Jason Roderick Donaldson

CV

Research

Conflicting Priorities: A Theory of Covenants and Collateral

with Denis Gromb and Giorgia Piacentino, 2025 (forthcoming at the JF)

Money Runs

with Giorgia Piacentino, 2022 (in the JME 126)

Intermediation Variety

with Giorgia Piacentino and Anjan Thakor, 2021 (in the JF 76 NBER WP 25946)

Deadlock on the Board

with Nadya Malenko and Giorgia Piacentino, 2020 (in the RFS 33 CEPR DP12503)

Best Paper Award at the 2018 ASU Sonoran Winter Finance Conference

The Paradox of Pledgeability

with Denis Gromb and Giorgia Piacentino, 2020 (in the JFE 137)

Household Debt Overhang and Unemployment

with Giorgia Piacentino and Anjan Thakor, 2019 (in the JF 74)

Contracting to Compete for Flows

with Giorgia Piacentino, 2018 (in JET 173)

Warehouse Banking

with Giorgia Piacentino and Anjan Thakor, 2018 (in the JFE 129)

Resaleable Debt and Systemic Risk

with Eva Micheler, 2018 (in the JFE 127)

Restructuring vs. Bankruptcy

with Ed Morrison, Giorgia Piacentino, and Xiaobo Yu, 2022 (R&R at the JF)

Systemic Risk in Financial Networks Revisited: The Role of Maturity

with Giorgia Piacentino and Xiaobo Yu, 2022 (R&R at the JF)

Collateral

with Giorgia Piacentino, 2025 (prepared for the Annual Review of Financial Economics)

Bankruptcy's Trilemma: A Unifying Framework

with Ken Ayotte and Giorgia Piacentino, 2025

A New Theory of Credit Lines (with Evidence)

with Naz KoontGiorgia Piacentino, and Victoria Vanasco 2025

Sovereign Bond Restructuring: Commitment vs. Flexibility

with Lukas Kremens and Giorgia Piacentino, 2025

Collateral Reallocation

with Denis Gromb and Giorgia Piacentino, 2021

The Opportunity Cost of Collateral

with Mina Lee and Giorgia Piacentino, 2018

Procyclical Promises

2018

Netting

with Giorgia Piacentino, 2018 (largely superseded by Systemic Risk in Financial Networks Revisited, above)

Affiliations

CEPR

Finance Theory Group

Macro Finance Society

Labor and Finance Group

Systemic Risk Centre