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 !!!’
OUT NOW: Andrew Metrick—YPFS Director and Janet L. Yellen Professor of Finance—has released a public lecture.
"The Failure of Silicon Valley Bank: Everything You Need to Know about Banking and Bailouts"
https://t.co/NfF9f4UaWm
7. The asset is the deposit franchise: the value of the income banks earn from paying below-market rates on deposits. Income from savings deposits alone is about $500 billion higher this year than last. Checking is another $200 billion:
https://t.co/GHmA1ifHco
the prior protracted period of leverage-enabling policy, the most vulnerable currently are those vulnerable to both interest rate and credit risk;
Contagion risk and the systemic threat can be easily contained by careful balance sheet management and avoiding more policy mistakes
ChatBCG: Generative AI for Slides ✨
This Christmas @JosephSemrai and I finally got it working!!
After DALL-E 2 for images and ChatGPT for text, the final step to make all of us redundant: The world’s first Text-to-PowerPoint AI.
📊 https://t.co/VSZGsmYXEN 🚀
The Sciencedirect page to our Handbook of Economic Expectations allows me to tweet about its individual chapters. Strap in and come along a great ride of recent research on expectations:
https://t.co/4OrVIBj0lx
I took my first financial econometrics class with Charles ten years ago at Columbia. Always remembered him as a charismatic teacher with a great sense of humor. R.I.P. Charles
Morning Consult conducted a survey of a representative sample of 11,050 U.S. adults about their level of trust of US universities.
Johns Hopkins University came on top. Here are the top 5 universities:
1 @JohnsHopkins
2 @DukeU
3 @NotreDame
4 @Cornell
5 @MIT
1/4
"New home transactions in downtown Suzhou in eastern China doubled in September," according to Yicai. "The best-selling project," however, "with 526 houses sold, included about 400 units purchased by the local government."
https://t.co/HbsYDLlCxW