For researchers interested in U.S. banking and finance, we are sharing a new data resource!
It contains information on bank balance sheets, bank runs, and bank failures from the 19th century to the present:
To incentivize making your paper submission to Human x AI Finance as good as possible using AI, we will now also offer a best paper prize of $1,000 for the paper which, according to the AI reviewers, was the best submission!
https://t.co/YnhxS3wzRS
Submit by March 18th!
What happens when we use AI for research and the reviewing? Let's find out.
Enter Human × AI Finance: write a finance paper with AI in 4 weeks. Every submission reviewed by AI agents. Top 4 presented at @uclaanderson.
Everyone can submit. Deadline 3/18: https://t.co/exoiYSrPz8
"Causation does not imply variation." A lovely saying coined by Tyler Muir with applications to price pressure in stocks and the causality revolution in applied micro. Just because x causes y does not mean most variation in y is caused by x.
https://t.co/8CIpeREBth
You might think a property tax is a simple thing: the government takes 2% of your house. You would be wrong!
The govt takes 2% of your house every year. Adding up, around 25% of the present value of US houses is collected in taxes! This number ranges from 0 to 75% across places
Good reading! My @StanfordGSB colleague @AmitSeru
wrote a great Op-Ed in the @WSJ on stablecoins and the new Genius Act. A timely piece on a topic with growing relevance and one we’ll be discussing in our personal finance course. Check out the article here: https://t.co/V7vYz20NPc
Just posted a revision of my paper with @EXjiang and @BaiyunJ ! Take a look if you're interested in how Black-Scholes, Modigliani-Miller, and Holmstrom apply to... property taxes!
https://t.co/Ycl6Tp0oxk
Luke Taylor, Stephen Terry, and I are doing it again. This will be the 5th structural summer school in finance. We do not just teach papers. We teach techniques, and then we have students work on a problem set. Please get your students to apply.
@BaiyunJ@EXjiang Our result is in this picture. Property taxes essentially divide the untaxed house into two financial assets. The taxed house (white bars), which belongs to the owner, and the property taxes (blue), which go to the govt
Overjoyed that @tylersmuir won the Fisher Black prize. I have been so lucky to have worked with Tyler and learned so much from him. Congratulations !!!’
Call for papers: AI in Finance Conference! Submission deadline February 1, 2025
Following successful inaugural conference on AI in Finance in 2024, excited to host next conference on June 10, 2025 at the University of Maryland's Smith School of Business
https://t.co/rdRD71YdqD
Capital regulation could address run risk by encouraging capital raising, but its effectiveness depends on the regulatory capital definitions and can be eroded by the use of held-to-maturity accounting, from Granja, @EXjiang, Matvos, Piskorski, and Seru https://t.co/hv4N93VCZR
Call for Papers: Columbia & RFS AI in Finance Conference!
The conference features optional dual submission to RFS. Submission deadline: April 7, 2024.
I am organizing this with @AnsgarWalther. RFS sponsoring editors: Itay Goldstein, Tarun Ramadorai.
https://t.co/zAzY4TNgUG
If you are into fintech, come to our #ASSA#AFA session today at 2.30 pm at Marriott Watercenter, Grand Ballroom Salon I.
Thanks Nadya Malenko for organizing and discussants @pbeaum, @EXjiang, Deeksha Gupta, Emily Williams for taking the time to provide feedback on papers!