David E Rappoport

Economist at Federal Reserve Board. All views are my own. RT, likes not endorsements.

[FedResearch @FedResearch]

ICYMI: We show that borrowing more against the same collateral raises spreads faster and faster. Uncertainty shocks steepen that relationship, devastating leveraged borrowers. Credit surface steepness ranks credit conditions and economic uncertainty. https://t.co/91YE3wdm6C

[FedResearch @FedResearch]

New #FEDSPaper: We show that borrowing more against the same collateral raises spreads faster & faster. Uncertainty shocks steepen that relationship, devastating leveraged borrowers. Credit surface steepness ranks credit conditions and economic uncertainty https://t.co/91YE3wcOh4

[David E Rappoport @DavidRappoportW]

@Francesco_Bia @DomenicoGiannon @JohnsHopkins Congrats to @DomenicoGiannon and @JohnHopkins. It is a phenomenal addition to a great group

[Paulina Restrepo-Echavarria @paures12]

BIG SED NEWS!!! This year we’ll have a winter meeting in Buenos Aires 🥳!!!

Submission deadline is Sept 3rd. Don’t miss it!

[David E Rappoport @DavidRappoportW]

@anders94 @BostonFed @mitDCI We will miss you @anders94 Best luck in your new chapters. Lets connect when you are in DC or virtually

[David E Rappoport @DavidRappoportW]

@jensqu4r3d @florianederer Sorry that Oded’s family suffered this lost. My condolences to you and his family. Thanks for sharing

[David E Rappoport @DavidRappoportW]

The #macropru regulatory boundary grew from 65% to 75% over the last 40 years

[David E Rappoport @DavidRappoportW]

The rise of nonbanks have reduced the share of financial assets intermediated by banks. Does that translate into a reduction of the reach of #macropru policy? In a recent paper with David Arseneau, Grace Brang @MattDarst3 Jake Faber and @alexvardoulakis we show that it does not👇

[Yale Program on Financial Stability @YPFSatYale]

NEW in the Journal of Financial Crises:

"A Macroprudential Perspective on the Regulatory Boundaries of US Financial Assets"

by the Fed's David M. Arseneau, Grace Brang, @MattDarst3, Jacob M. Faber, @DavidRappoportW, and @alexvardoulakis —
https://t.co/fYuf96dYPe

[David E Rappoport @DavidRappoportW]

@ndreas_f Good luck!

[David E Rappoport @DavidRappoportW]

What an irony: a dishonest paper about dishonesty!

[Florian Ederer @florianederer]

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[Paulina Restrepo-Echavarria @paures12]

After much anticipation 🥁… here is the program for the SED meeting in Cartagena 🇨🇴

https://t.co/QrpPLTHa66

[David E Rappoport @DavidRappoportW]

@I_Am_NickBloom Reported. Good luck

[Cowles Foundation @YaleCowles]

📣📣 CALL FOR PAPERS 📣📣

The 17th Annual Cowles Conference on General Equilibrium and its Applications will be held April 28-30, 2023

Learn more, and submit papers here: https://t.co/xgOXnblgpl

[David E Rappoport @DavidRappoportW]

You know big tech is in trouble when google starts enforcing the 15 Gb space limit, which until yesterday had been a soft limit for me. Happy to report that I am receiving email again😄

[David E Rappoport @DavidRappoportW]

Are you starting as an RA or junior PhD and trying to understand how to make an impact? This is how you will be depicted by the end. Great 🧵 about how to write recommendation letters for RAs, take a look

[Ajay Shenoy @AjaycencyMatrix]

Met with an assistant professor (diff. department) helping her RA apply to econ PhDs. She was worried/wondering if a letter of rec from someone junior would count for much. At UCSC the answer is definitely yes! Here are some tips to writing a strong letter for an RA:

[David E Rappoport @DavidRappoportW]

@JohnHCochrane @ProfJAParker @IvanWerning You can build the dam infinitely tall so it never flood, but that would be inefficient. Or you can build a tall dam that infrequently floods and when it does you can still control the real damages from the flood 2/2

[David E Rappoport @DavidRappoportW]

@JohnHCochrane @ProfJAParker @IvanWerning I beg to disagree. Macroprudential ply is not about preventing stress to happen is about preventing financial stress to have adverse real effects. A good analogy is the construction of a dam 1/

[David E Rappoport @DavidRappoportW]

How to tweet about your new paper?

[Dr Lisa Nivison-Smith @LNivisonSmith]

Are you 'Excited to share my new paper!'

Harsh truth:
Most people don't care

5 tips on how to tweet about your new paper to get real engagement

@OpenAcademics @PhD_Genie @PhDVoice @AcademicChatter

[David E Rappoport @DavidRappoportW]

Checkout our new paper on financial stability implications of digital assets

[FedResearch @FedResearch]

Does the digital financial system create new potential challenges to financial stability? This paper explores this question using the Federal Reserve’s framework for analyzing vulnerabilities in the traditional financial system. (1/3) https://t.co/d8fKKOY1Tg

[Stijn Van Nieuwerburgh @SVNieuwerburgh]

Wonderful keynote by John Geneakoplos at MFS conference on collateral and leverage cycles.