Kevin Mei

academic financial economist

[Kevin Mei @_kevinmei]

@QiaochuYuan it happened in 2023! while four banks failed bc of SVB, a fifth, Heartland Tri-State Bank, failed because the CEO fell for a pig butchering scam and embezzled $50M (compared to the $14M of bank capital)

[Jon Steinsson @JonSteinsson]

Many of us thought that AI was behind finding the error in Tirole (1985) that Econometrica recently published. Turns out that was not the case. Actually, even after the fact, AI couldn't find the error: https://t.co/1kOSClN8pv

[Kevin Mei @_kevinmei]

@aripap @jason_kint No one is brave enough to say C pound sign

[Kevin Mei @_kevinmei]

@peligrietzer It is also a much more gentle, idyllic notion compared to a mouse cooking souris d’agneau

[Kevin Mei @_kevinmei]

@pseudoerasmus And I agree that “traditional beliefs” is the right measure

[Kevin Mei @_kevinmei]

@pseudoerasmus Yeah I would agree with it. EA religion does not map cleanly into the vocabulary of Abrahamic religions. As you said, it gets shoehorned in when it should not be!

[Kevin Mei @_kevinmei]

@alz_zyd_ Going forward, I will cite this paper when arguing that turnip pancakes belong the in pantheon of breakfast foods

[Gabriel Chodorow-Reich @gchodorowreich]

1/ EJ Antoni, nominated to head BLS, wrote the main chapter of his dissertation on fiscal crowd out: https://t.co/J55gpWliFt. This is a fine topic. However, I would not have signed it as passing, for two reasons.

[Florian Ederer @florianederer]

Koijen & Yogo's (2019) demand system approach transformed asset pricing by linking portfolio data to demand elasticities. But why are estimated elasticities so low (around 1) when classical models say they should be much higher?

Enter Fuchs, Fukuda & Neuhann (2025)

[Kevin Mei @_kevinmei]

@nominalthoughts Billions of people (including those who have passed) disagree with you

https://t.co/M9PAyvUMvh

[Kevin Mei @_kevinmei]

I just watched an econometrician try to pull off wearing a black tee shirt to give a seminar

It was a t-test

[Kevin Mei @_kevinmei]

@bennpeifert Thanks for the reply. I have been reading your threads for a long time. But, while writing up something last month, I saw your QJE and my jaw hit the floor.

[Kevin Mei @_kevinmei]

@florianederer Thanks for the plug. In the last decade, crypto has been super impressive in all the new and innovative ways to rip people off.

[Kevin Mei @_kevinmei]

@andybliu Veblen good sounds right. There could also be another channel of forward-looking buying if you see prices today that are lower than what you expect to see tomorrow. Sounds almost like “stockpiling” consumption but for a nondurable good (non pejoratively).

[Kevin Mei @_kevinmei]

@AdamZHerman Pretty interesting. Is international hockey the most politicized sport? And why?

Political statements in NFL, NBA, or world cup seem to fall flat. Tennis athletes didn’t garner grassroots support. So why hockey

[Kevin Mei @_kevinmei]

@nominalthoughts Jerry Jones is a good answer but if he seriously wants to win, he should pick Mina Kimes

[Kevin Mei @_kevinmei]

@kchoudhu Is data field A02500 close enough? Just the taxable portion. Also has splits by AGI

https://t.co/2awuzwk71H

[Kevin Mei @_kevinmei]

@ThankBernanke @maiamindel fukuyama brought general equilibrium to political science