So: roughly 60% use LLMs in research. The amount of published papers is skyrocketing (6% now, many more in the pipeline of journals). We looked at reproducibility properties of LLMs in a new paper out today https://t.co/W38VgSSjjx . tl;dr: LLMs are non-deterministic. Careful! 1/n
In a focus piece, we zoom on in financial leverage among euro area investment funds. It highlights how repurchase agreements and margin lending contribute to leverage, the systemic implications of highly leveraged funds.
Here is the link for the piece:
https://t.co/rR3ZlfDWrx
New policy piece out!
The 26th Macroprudential Bulletin explores various flavours of leverage in the non-bank financial institutions space, how to measure it, and how systematic it is. Have a look at the work of many wonderful colleagues!
https://t.co/sav3g9Yehu
📢Apply before 20 January and join the @ecb research department for 3 months as a Summer Research Graduate! More info and application: https://t.co/RFGZ388IWo
This year’s laureates in the economic sciences have helped us understand differences in prosperity between nations.
Daron Acemoglu, Simon Johnson and James Robinson have demonstrated the importance of societal institutions for a country’s prosperity. Societies with a poor rule of law and institutions that exploit the population do not generate growth or change for the better. The laureates’ research helps us understand why.
#NobelPrize
What holds back Germany? It is not high energy prices. It's real challenges are aging, underinvestment, and too much red tape. Read more here: https://t.co/obTG4tRAwV
In 2024, Petr Sedlacek (@SedlacekPe) and I are again running the summer school "Tools for Macroeconomists". For more info and registration, pleases see (our brand new) webpage: https://t.co/Qa37IvrTdI
Course runs 5-9 (essentials) and 12-16 of August (advanced)
Some news 👇🧵1/5
Italy’s level of LGBTQIA+ inclusion has stopped improving and is now lagging advances seen in the rest of Europe, a new report shows https://t.co/2oJtE5JJhT
Hi #EconTwitter! If you are interested in 𝐦𝐚𝐜𝐫𝐨𝐞𝐜𝐨𝐧𝐨𝐦𝐢𝐜 𝐚𝐧𝐚𝐥𝐲𝐬𝐢𝐬 𝐢𝐧 𝐥𝐚𝐫𝐠𝐞 𝐝𝐢𝐦𝐞𝐧𝐬𝐢𝐨𝐧𝐬 for the Euro Area and its countries, check this new database built by @BarigozziMatteo and myself (@Unibo):
https://t.co/ZCz8qLF08r
A short 🧵
Pleased to share our new 'DIY Macroeconomic Model Simulation' platform that provides an open-source code repository and online script for macroeconomic model simulation (1/6). https://t.co/ysCImLL4wD
Paris School of Economics is hiring this year, open field:
https://t.co/bNw6RmsdkJ
Here's a thread for Americans who might be interested in coming to Europe about the things I wish I knew last year. TLDR: you should apply…even though EU salaries are waaay lower than the US...
L'@ENS_ULM, @PSEinfo et le @CEPREMAP organisent ce jour une journée d’hommage à Daniel Cohen dans l’amphithéâtre de Paris School of Economics.
Suivez la journée en direct sur la chaîne YouTube de PSE ⬇️
#journeedanielcohen
https://t.co/34tHemQsQs