Just enjoy! No editing or AI involved 🤪

Enough with work for August 2024 👇

New paper on bank runs with Tobias König , Farzad Saidi , Karsten Müller. A new database of narrative bank runs + new dataset of deposit withdrawals for 180+ countries over 200 years. Detailed thread coming soon.

The bad news is that I need to work while visiting #Lisbon with my family. The good news is the #Lisbon is a great place to work (even after an earthquake)👇

We held the 4th edition of the Big-Data Initiative in International Macro and Finance. There is a new website with all the slides, videos, codes, and data. A starter kit for anyone interested in doing research in international macro: Take a look: globalcapitalallocation.com/big-data-initi…

Sailing with Rui in #Lisbon ... #greenboat #authentic :-)

Happy to share a work where micro theory meets macro questions!

shorturl.at/dRPJy Thanks Robert Armstrong for citing our paper (shorturl.at/xNDi1) on today's Financial Times. Greedflation has no economic foundation. What matters is changes in pricing power. Large firms benefit from supply chain shortages. Mariassunta Giannetti RobertoTubaldi

It's nice to see this one in print finally. A long road from the initial SED presentation back in 2012, including two very painful second-round rejections Stan Rabinovich Do Unemployment Benefit Extensions Explain the Emergence of Jobless Re... sciencedirect.com/science/articl…

New JFE turnaround statistics. We are very fast.

I just got this: youtube.com/watch?v=3BrCvZ… Regardless of political views, it is uplifting 😀

Thanks to Dmitriy Muravyev + co, we can explain our data revisions! Their paper implies that OptionMetrics' new lending fees adjustment would lead to weaker option-based equity anomalies (papers.ssrn.com/sol3/papers.cf…). So Tom Zimmermann + I (+OptionMetrics) accidentally extended their paper 🤣

All OptionMetrics users should be aware of this once-in-lifetime update that made impossible to replicate many prior results relying on prior database version.

Had a wonderful time at the Yale Junior Finance Conference last Friday! Great people and discussions!!💛 Thanks again to the organizers Paul Fontanier, Menaka and Theis!