Thomas Flanagan

Assistant Professor of Finance @FisherOSU. Studies financial intermediation.

[Thomas Flanagan @ThomasFlanagan0]

I'm very excited to share that I'll join @FisherOSU at @OhioState as an Assistant Professor of Finance this fall!!

Huge thanks to my advisor, @amiyatosh, for all his guidance and mentorship along the way.

[Piotr Orłowski @professorpiotr]

Promoting a fun finance conference again!

Submit your work to the 13th HEC Montréal--McGill Winter Finance Workshop, 5-7/3/2026 in La Malbaie, Québec.

Deadline: Nov 23

Have a look at past programs here: https://t.co/VQmhzOIWNr
Submit your paper here: https://t.co/gmd8egKg5W

[Brittany Lewis @_brit_lewis]

As a member of the Rising Scholars Committee for #EasternFinanceAssociation, I wanted to share that the call for papers is due tomorrow 9/30/24 & has a no fault dual submission with @TheFinancialRev. I will be on the committee choosing PhD paper awards! https://t.co/mR6tyK9I9p

[Thomas Flanagan @ThomasFlanagan0]

@amiyatosh We have also made the bank-level data on the subsidies for all TARP-receiving banks available for researchers to use: https://t.co/RqPyXDdYxI

[Thomas Flanagan @ThomasFlanagan0]

Excited to see my paper w/ @amiyatosh on measuring bailout subsidies out in JF! https://t.co/YnRE9562uv

Using a model-free framework, we find banks received over $50 billion in subsidies from the TARP bailout, and renegotiation with the government made this subsidy even larger.

[Thomas Flanagan @ThomasFlanagan0]

Great coverage of our recent research paper on private debt funds.

[Financial Times @FT]

Does private credit generate excess returns? https://t.co/Uq8YnFt1Ym | opinion

[Thomas Flanagan @ThomasFlanagan0]

Thanks for sharing our new working paper! @nberpubs

[NBER @nberpubs]

Using both equity and debt benchmarks to measure risk, a typical private debt fund produces an insignificant alpha to its investors, from Isil Erel, @ThomasFlanagan0, and Michael S. Weisbach https://t.co/06P8dICmwt

[Thomas Flanagan @ThomasFlanagan0]

@AgosBrinatti @ChicagoBooth @YaleCowles @BeckerFriedman Congrats, Agos!

[NBER @nberpubs]

Earnings-per-share maximization provides a single unified explanation for a wide range of corporate policies such as leverage, share repurchases, M&A payment method, cash accumulation, and capital budgeting, from Itzhak Ben-David and @AlexChinco https://t.co/DQyuVHZf80

[Arpit Gupta @arpitrage]

Okay let’s figure out why Zillow Offers failed.

Buchak Matvos Piskorski Seru quantify the frictions (especially adverse selection) that limit dealer intermediation in real estate, Ie iBuyers.

https://t.co/CM2si2F1Tl

[Jeffrey Wooldridge @jmwooldridge]

Awesome choices!

[Andrea Presbitero @a_presbitero]

Thrilled to have our paper on the expansionary effects of negative rates on bank lending accepted @J_Fin_Economics. A short🧵on the main results (some are new from previous drafts), joint with Margherita Bottero, @CMinoiu, @persistdebt, Andrea Polo & @enrico_sette

[The Review of Economics and Statistics (REStat) @restatjournal]

Local Effects of Large New Apartment Buildings in Low-Income Areas. Just accepted new paper by Brian J. Asquith, Evan Mast, and Davin Reed. https://t.co/VJBpjF8lQC

[UM Public Affairs @UMPublicAffairs]

THE WINNING NA〽️E IS IN!

The peregrine falcon chick that recently hatched in a nesting box on the roof of @UMich's North Quad has a large wingspan to live up to a new name: Big Flappo Jr. #WelcomeHome

#URecord: https://t.co/hDSzkp3C3z

[Jan Kabátek 🇺🇦 Bsky: @jankabatek.com @JanKabatek]

Okay, so this @Stata tip is a big deal for admin data workflows:

As of version 16, Stata allows you to hold 𝗺𝘂𝗹𝘁𝗶𝗽𝗹𝗲 𝗱𝗮𝘁𝗮𝘀𝗲𝘁𝘀 𝗶𝗻 𝗺𝗲𝗺𝗼𝗿𝘆 𝗮𝘁 𝗼𝗻𝗰𝗲. This is done using the command 'frame':

sysuse auto, clear
frame create fr1
frame fr1: sysuse bplong

[Ben Ritz @BudgetBen]

I would pay either of these prices to fly between 1941 Boston and 2015 Los Angeles, I had no idea time travel was so affordable

[Thomas Flanagan @ThomasFlanagan0]

I will also be helping out as a "tech chair" in other sessions throughout the conference!

[Thomas Flanagan @ThomasFlanagan0]

Kicking off WFA 2021 by presenting “Did Banks Pay "Fair" Returns to Taxpayers on TARP?” with @amiyatosh tomorrow at 10:15 AM EST in the “Federal Lending Policies” Session! Looking forward to it!