Hamilton Galindo Gil

Assistant Professor of Finance at Cleveland State University, Financial Economist, Finance Ph.D. at ASU, macro-finance research.

[Hamilton Galindo Gil @HamiltonGalin10]

We are delighted to share that our paper with @LiuMendozaEcon has been published in JEDC! It addresses an international finance puzzle: why demand for U.S. dollar deposits remains strong even when dollar rates are below local currency rates.

[Hamilton Galindo Gil @HamiltonGalin10]

What an inspiring week at Cleveland state university !
We just wrapped up the Summer School on Heterogeneous-Agent Asset Pricing Models—a deep dive into frontier research led by our fantastic instructors: Tom Phelan, Ji Huang, and Yucheng Zhou.

Huge thanks to all participants!

[Saki Bigio @SakiBigio]

This paper started with data. We were convinced that the discrepancy between book and market values of banks was key to understanding the data. We then developed a theory where, with a simple model, only one state variable driving Tobin's Q, you can explain several data moments.

[Hamilton Galindo Gil @HamiltonGalin10]

Applications close on May 11! If you're interested in this vibrant area, don't miss the opportunity to join us. 👇 We hope to see you there!

[Hamilton Galindo Gil @HamiltonGalin10]

If you are interested in the role of heterogeneous investors in asset pricing, join us for the 3rd Summer School in "Heterogeneous Agents in Asset Pricing" at Cleveland State University. Application deadline: May 04, 2025. Program and application link 👇: 1/n

[Hamilton Galindo Gil @HamiltonGalin10]

Article-Link: https://t.co/OoVFemhjXc
GitHub: https://t.co/IrjPRhTESb
Summer School Application: https://t.co/1RSL5qMRKm

[Hamilton Galindo Gil @HamiltonGalin10]

If you're interested in heterogeneous-agent models in asset pricing, you might find this article particularly relevant! The replication codes are available, making it easy to explore the results in detail.

[Hamilton Galindo Gil @HamiltonGalin10]

We’ll also be discussing the paper in a 2-hour lecture during the upcoming Heterogeneous-Agent Models Summer School at (@CLE_State) Cleveland State University, taking place August 4–7. Hope to see you there!

[Saki Bigio @SakiBigio]

The increase in uncertainty and asset volatility can propagate to the real economy, amplifying the direct effects of policies on productivity.

"Heterogeneous Beliefs, Asset Prices, and Business Cycles" with @DejanirSilva & @duduzil, may be useful to understand how.

🧵 Thread 👇

[Hamilton Galindo Gil @HamiltonGalin10]

Additionally, there are a limited number of slots available for participant paper presentations, suitable for job market papers or working papers. We hope to see you in Cleveland this August! 5/5

[Hamilton Galindo Gil @HamiltonGalin10]

If you are interested in the role of heterogeneous investors in asset pricing, join us for the 3rd Summer School in "Heterogeneous Agents in Asset Pricing" at Cleveland State University. Application deadline: May 04, 2025. Program and application link 👇: 1/n

[Hamilton Galindo Gil @HamiltonGalin10]

This year, the workshop is organized by Tom Phelan from the Cleveland Fed, Ji Huang from The Chinese University of Hong Kong, and myself. Join us! 4/n

[Hamilton Galindo Gil @HamiltonGalin10]

Application/Program Link:
https://t.co/1RSL5qNpzU

[Hamilton Galindo Gil @HamiltonGalin10]

Program (methods): Finite difference method, MCA, and deep learning-based probabilistic approach. Topics: preference heterogeneity, belief heterogeneity, disaster probability heterogeneity, rare disaster, habit consumption, and equity term structure. 2/n

[Hamilton Galindo Gil @HamiltonGalin10]

@JohannesIMatt Thank you, @JohannesIMatt!

[Hamilton Galindo Gil @HamiltonGalin10]

Article-Link: https://t.co/38wfwqDm2C
GitHub: https://t.co/5FvDmvFbIV

[Hamilton Galindo Gil @HamiltonGalin10]

For those interested in heterogeneous-agent models in asset pricing, I’m excited to share my recent article. I hope you find it helpful! Replication codes are available on GitHub. If this area aligns with your interests, feel free to reach out—I’d love to connect and discuss!

[Hamilton Galindo Gil @HamiltonGalin10]

@TaylorShiroff @alz_zyd_ Thank you, @TaylorShiroff! Yes, Vol 1 (Heterogeneous Agents in Asset Pricing: Foundations) will be published by Springer in the Spring of 2025 and Vol 2 (Heterogeneous Agents in Asset Pricing: Models) in the Spring of 2026. I'm so excited for that!

[Hamilton Galindo Gil @HamiltonGalin10]

We just wrapped up the 2nd Summer School in Heterogeneous Agents in Asset Pricing at Cleveland State University. I enjoyed our discussion with the PhD students. A big thank you to Tom Phelan (Cleveland Fed) and Stavros Panageas (UCLA) for their outstanding lectures and friendship

[Hamilton Galindo Gil @HamiltonGalin10]

Applications close on April 28th. If you are interested in this vibrant area, join us! 👇Hope to see you!

[Hamilton Galindo Gil @HamiltonGalin10]

Tom Phelan (Cleveland Fed), Stavros Panageas (UCLA), and I are organizing the

"II Summer School in Heterogeneous Agents in Asset Pricing."

Info + application: https://t.co/1RSL5qMRKm

This year, we have slots for participant paper presentations. 1/N

[Hamilton Galindo Gil @HamiltonGalin10]

Applications close on April 28th. If you are interested in this vibrant area, join us! 👇
Hope to see you!

[Hamilton Galindo Gil @HamiltonGalin10]

Tom Phelan (Cleveland Fed), Stavros Panageas (UCLA), and I are organizing the

"II Summer School in Heterogeneous Agents in Asset Pricing."

Info + application: https://t.co/1RSL5qMRKm

This year, we have slots for participant paper presentations. 1/N