Tania Babina πΊπΈ πΊπ¦
@TaniaBabina
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Finance Prof at UMD | @nberpubs | https://t.co/H0DVSegZOR | PhD UNC | MS U Alabama | Undergrad Kharkiv Polytec Uni | From Donbas Ukraine | innovation, labor, finance
New York City, NY USA
Joined March 2022
Submit your papers to the AI in Finance conference. Deadline is February 1.
Call for papers: AI in Finance Conference! Submission deadline February 1, 2025. Following successful inaugural conference on AI in Finance in 2024, excited to host next conference on June 10, 2025 at the University of Maryland's Smith School of Business .
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The electricity and internet in Kyiv went down just now while I was talking to my mom to celebrate Easter. Russian "brotherly love" in action on Easter. Give Ukraine everything they need to defeat the Russian invading evil. #RussiaIsATerroristState.
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Iβm happy to share that Iβm starting a new position as Associate Professor of Finance (with tenure!) at the University of Maryland - Robert H. Smith School of Business! Excited to share such a collegial group!.
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This cool paper shows that robot adoption in Japan led to INCREASED employment! Nice new evidence on the debate about the effects of robots on employment.
Does the adoption of industrial robots help or hurt employment? "Robots and Employment: Evidence from Japan, 1978β2017" from the Journal of Labor Economics investigates this question. Read the findings here: @SOLE_Labor_Econ
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Publishing a reduced form empirical paper in Econometrica.
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Australian fan: what a disaster. Economists: what an opportunity to answer a long-standing question in the literature on whether Taylor Swift causes economic growth
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Our paper "Entrepreneurial Spillovers from Corporate R&D" with Sabrina Howell got published in the Journal of Labor Economics! When firm invests in R&D, these create ideas that do not fit well within the investing firm. So employees take them to startups!.
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How would you feel if you went to check messages from your family and saw a message that the school you and your sisters/brothers went to was bombed by a country trying to kill/or subjugate your nation? . Here is my school bombed by Russians last night. Words do not describe it.
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If you are Economist and want to stop Russian war in Ukraine, sign up here and RP. Join a group of Ukrainian Economists to work on policy work to stop this bloody war @AnastassiaFedyk @TetyanaBalyuk @YGorodnichenko @hodsonlabs @TDeryugina #EconTwitter.
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Thank you @TDeryugina. New to Twitter. Usually, do research on innovation, but now with a group of Ukrainian Economists write and promote op-eds and policy pieces to help stop Russian war in Ukraine. Please RT #EconTwitter @WelcomeEcon.
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So excited to see this in print! . Very grateful to the QJE review team who helped us create a better paper!.
#QJE May 2023 #5, βCutting the Innovation Engine: How Federal Funding Shocks Affect University Patenting, Entrepreneurship, and Publications,β by Babina (@TaniaBabina), He (@AlexXiHe), Howell, Perlman (@BitsyPerlman), and Staudt (@josephstaudt):
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Elated to see this in print after 7 years of working on this project!. What is the longest it took you to publish a paper?. In sum, we show that the Great Depression led to a decline in technological entrepreneurship and accelerated the shift of innovation into larger firms.
#RFS #Forthcoming: Financial Disruptions and the Organization of Innovation: Evidence from the Great Depression. Tania Babina @TaniaBabina @Columbia_Biz.Asaf Bernstein @ProfAsaf @leedsbiz.Filippo Mezzanotti @filomezza @KelloggSchool.
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Call for Papers: Labor and Finance Conference at Columbia Business School on May 5, 2023. Submit a paper by February 14 2023 here:
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Call for Papers:Β Columbia & RFS AI in Finance Conference! . The conference features optional dual submission to RFS. Submission deadline: April 7, 2024. I am organizing this with @AnsgarWalther. RFS sponsoring editors: Itay Goldstein, Tarun Ramadorai.
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What a great honor to have our paper ."Financial Disruptions and the Organization of Innovation: Evidence from the Great Depression".as the Editors's choice in the November issue of the Review of Financial Studies!. Joint work with @ProfAsaf @filomezza.
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#EconTwitter If you are interested in how new technologies affect workers, stop by our #AEA2023 session "New Technology and Workforce" Sunday at 10.15 Thanks to our chair @davidautor, discussant @robseamans and @JamesBessen for organizing!
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Excited this paper came out in @J_Fin_Economics!. We offer firm-level measures of AI investments and find that AI-investing firms grow (sales, market valuations) by using AI for product innovation. Employment also grows with more educated and tech workers.
Our paper on how AI affects US firms is officially out!. It's open source AND the data are all posted on the journal website. If you're interested in research on AI, please feel free to use our code and data. (w/ @TaniaBabina @AlexXiHe @hodsonlabs).
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Happy to announce the program for AI in Finance/RFS conference at Columbia in June!. We received 150 submissions: so many interesting papers! It is truly inspiring to witness many brilliant minds delving into the implications of AI in finance.
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Please welcome @AnastassiaFedyk to Twitter. Brilliant economist and terrific person. We work together with @TDeryugina @YGorodnichenko @hodsonlabs and Tetyana Balyuk on policy pieces and op-eds to stop Russia's bloody war in Ukraine. Please PR #EconTwitter @WelcomeEcon.
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Our finding of increased labor income after the deregulation of money in politics was surprising: popular belief is that money in politics entrenches existing political and corporate interests. Instead, we find increased political competition and broadly beneficial policies!.
Increased corporate money in politics benefits labor income following the 2010 Supreme Court ruling in Citizens United, from Pat Akey, @TaniaBabina, Greg Buchak, and @ateneked
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Do you have a paper at the intersection of AI and finance? Please respond or DM. I am doing review of this fast moving research for the upcoming AFA panel on AI and the Future of Finance.
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Thanks Jan!. We will share our new hand-collected data on US DOJ antitrust lawsuits with research community after publication. Among other variables, these data allows to observe markets (industry-states) affected by anticompetitive behavior over past 50 years.
Clever way to measure the effect of antitrust enforcement on prices, quantities and wages. @TaniaBabina @EzraKarger
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Super cool to see my paper on the impact of AI investments being the second most cited finance paper this year! . Ungated version:
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In new paper, we found that Russian oil export prices at Kozmino port stood at $73/barrel in 2023Q1βwith 96% of volumes sold above the price cap $60/barrel!. Much of this involved Western-owned or insured vessels, violating sanctions. @SecYellen .
The effect of the oil price cap on Russia and its circumvention techniques @KSE_Institute with colleagues @ben_hilgenstock @Nataliia_Shapo @TaniaBabina @mironov_fm @itskhoki. Thank you for featuring our report by the great @NastyaStognei @FT
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@RomeoKokriatski @AOC I can't agree more. Sad she is from NY, which has the largest Ukainian community in the US and where most people support Ukrainian fight for freedom.
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Very grateful to the @J_Fin_Economics editorial team (@DimitrisPapan20, @toniwhited) and two referees for the efficient editorial process and constructive feedback!.
Our paper on how AI affects US firms is officially out!. It's open source AND the data are all posted on the journal website. If you're interested in research on AI, please feel free to use our code and data. (w/ @TaniaBabina @AlexXiHe @hodsonlabs).
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My mom in Ukraine did not have electricity for two days. Did this break her and make her want to "negotiate peace" with Russia?. Absolutely not! She texted me in UKRAINIAN that they will endure everything for Ukraine to win (she usually speaks Russian). #russiaisateroriststate.
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Very exciting: our work on the economic impact of AI is described and cited in the 2024 Economic Report of the President!. CC: @AnastassiaFedyk @AlexXiHe @hodsonlabs.
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Call for papers: AI in Finance Conference! Submission deadline February 1, 2025. Following successful inaugural conference on AI in Finance in 2024, excited to host next conference on June 10, 2025 at the University of Maryland's Smith School of Business .
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Looking forward to presenting a new paper "Artificial Intelligence and Firmsβ Systematic Risk" at the NBER Productivity, Innovation, and Entrepreneurship Meeting tomorrow:. With @AnastassiaFedyk Alex He @hodsonlabs.
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We are kicking off out AI in Finance/RFS conference with an awesome paper presented by James Choi (Yale). Can AI persuade delinquent borrowers to repay?
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Going home on the train with lots of ideas after discussing AI and labor issues at the White House! AI is coming: we need to understand it's implications for workers.
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We show that government antitrust enforcement improves worker outcomes (employment, wages, labor share) and spurs new firm entry! . We'll share our new data on US antitrust lawsuits after publication: markets affected by anticompetitive behavior over the past 50 years.
New, hand-collected data on Department of Justice antitrust lawsuits over the past five decades shows that antitrust enforcement increases employment and business formation, from @TaniaBabina, Simcha Barkai, @jessicasjeffers, @EzraKarger, and @Dr_Volkova
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We are kicking off the second day of AI in Finance/RFS conference with Yinan Su (John Hopkins) talks about generating excess returns after trading costs using AI!.
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My cousin is fighting Russian invaders on the Ukrainian frontlines. His battalion is collecting money for a car. Please donate via PayPal to a.lieznovskii@gmail.com. I just donated a $1000. They need another $5000. Slava Ukraini!
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#EconTwitter Interested in antitrust and competition research? Stop by our #AEA2023 session "Firm Responses to Changing Competitive Landscapes" Sunday at 8 Thanks to our discussants @ThomasPHI2, Jon Vogel, Josh Lerner, Leo Musolff!
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If you are into innovation, check out our #ASSA session!. Thanks Georgios Petropoulos for organizing, @erikbryn for chairing, and @ChadSyverson, Josh Lerner, Shane Green, @carolynstein_ for discussing. @martinderidder @laura_veldkamp @jan_eeckhout .@I_Am_NickBloom @ufukakcigit
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Looking forward to hosting the Labor and Finance Conference tomorrow at CBS!. We have an amazing set of papers and an industry panel to talk about the challenges firms face in managing their labor. Plus, dinner on a boat! .
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Thank you @McFaul for coordinating work on new sanctions on Russia to help stop Putin's war in Ukraine. Glad to be part of this group and represent Economists for Ukraine #EconTwitter Please PR and share our document on new sanctions with your government.
"Enact a complete ban and embargo of Russian crude oil, oil products, gas, and coal, banning both import and export flows to and from the democratic world, while minimizing the leakage through secondary sanctions."
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Do tech firms lay off workers because of AI?. I do not think so: When money is cheap, tech firms pile on hiring; when money is expensive, they tighten the belt. So far, there is no systematic empirical evidence that firms use AI to replace labor.
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Shocked at #BuchaMassacre? If yes, imagine what happens if Russia not stopped from taking Ukraine: likely outcome Took week to write this, cried every time I sat down to type. Thank you @TetyanaBalyuk @AnastassiaFedyk @YGorodnichenko for big help on piece.
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#EconTwitter . Why do you think Jean-Noel missed his discussion today at our #ASSA2023 session on "Access to capital markets"?. Wrong answers only!.
Au siège de Twitter, @elonmusk m'a confirmé son intention de se conformer aux règles européennes, et ses engagements sur la modération des contenus, la lutte contre la désinformation et la protection de l'enfance. Dans la droite ligne de son échange avec @EmmanuelMacron.
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Last call! Submit your papers on the economic impact of AI in Finance research. The deadline to submit is this Sunday, April 7 11.59 pm ET.
Call for Papers:Β Columbia & RFS AI in Finance Conference! . The conference features optional dual submission to RFS. Submission deadline: April 7, 2024. I am organizing this with @AnsgarWalther. RFS sponsoring editors: Itay Goldstein, Tarun Ramadorai.
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Thanks NBER CRIW organizers for having our (@AnastassiaFedyk @hodsonlabs Alex He) new paper: investments in AI by US firms are associated with significant changes in firm workforces @johnvanreenen grateful for amazing discussion. #EconTwitter @nberpubs.
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I have two more weeks to submit a paper with just 20 DID estimators (before Pedro gets excited and I will have to add 20X more estimators, X an endogenous variable varying with his excitement level).
I am excited about some new DiD-related projects I have been working on! It has been a long time since I felt this excited tbh! . 2 more weeks and the teaching semester is over. Then, I enter that magical period in that I believe I can do everything (but not?). Finger crossed!!.
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Next time I hear the advice that people should only write home run papers, without providing a clear guidelines on how to do this, I will scream too.
Next time I hear the advice that people should pick big questions with imperfect identification over less important but better identified ones, I am going to scream. This is not the game this profession is playing.
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Honored to be invited for this noble cause to help raise money for @novaukraine who has done important job helping Ukrainians during Russia's brutal war. Please donate Huge thanks to Polish people and Polish Government!. Slava Ukraini!.
Honored to host soldiers of @ForcesUkraine. at π΅π±Consulate during inspiring discussion on scenarios forπΊπ¦ with @TaniaBabina,A.Kosenko,.@piotrarak&K.Kaminski(@BGK) moderated by H.Lippman.We will continue our support forπΊπ¦ @PIE_NET_PL @SternFoundation @novaukraine #StandwithUkraine
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Super interesting papers at NBER Economics of AI Conf Looking forward to presenting later our paper "AI, Firm Growth, & Product Innovation": we find AI helps firms grow through product innovation @econ_anand @hodsonlabs @AlexXiHe.
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Economists for Ukraine endorse sanctions proposal by McFaul-Yermak Group on enablers of Putinβs war in Ukraine. Key points:.1 Categories of individuals to be sanctioned .2 Tools: asset freeze and travel ban.3 Mechanisms to earn not being sanctioned.
In proposing the individual sanctions roadmap, the McFaul-Yermak Group prioritized those individuals that the sanctions will hit quickly and most effectively.
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So sad to see this beautiful new airport destroyed by Russians. It was a symbol of prosperity and growth of Ukrainian eastern regions. I flew directly from NYC there in 2012 to see my family. Then Russians came to "liberate" Russian speakers in Donbas from that prosperity.
Today we remember the remarkable bravery of Ukrainian soldiers who held #Ukraine's Donetsk city International airport. Nicknamed "Cyborgs" by Russia's forces, small numbers of πΊπ¦ soldiers held it from Sept 2014 to Jan 2015. Relentless Russian tank fire, artillery & infantry
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Interested in economic effects of AI? Come to our AEA session on Sunday 8-10 am in Hilton, Continental Ballroom 1&2. @erikbryn @avicgoldfarb Christos Makridis and I will be presenting our latest work on AI!
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Thank you @ZerlinaMaxwell for your coverage of Russia's war in Ukraine, the suffering of the Ukrainian people, and asking the right questions on how to stop this bloody attack.
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If you want to help Ukrainians in need and considered donating to the Red Cross, look at this picture. There are better ways to donate and help Ukrainians directly. Check our how on
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This is an amazing opportunity for PhD students interested in entrepreneurship research across all research areas! . I was fortunate enough to attend this and I benefited a lot from learning and developing relationships with fellow bootcampers!.
Call for papers, Entrepreneurship Research Boot Camp 2024. The conference will be held in Cambridge, MA on July 15β19, 2024. Submit papers by 11:59pm EST on February 15, 2024. More information:
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Very sad day. I will always remember Charles as kind and thoughtful colleague. R.I.P.
R.I.P. Charles Jones 7/6/1966-12/15/2022.Neighbor in Princeton and one of the leaders in market microstructure research (in finance).
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Great @WSJ article on the future of work!. Thanks, @RachelFeintzeig, for citing our work: "As firms invest in AI, their hierarchies flatten. They bring on young, educated folks with fresh tech skills, increasing junior roles by 10%.". Link to the paper:.
You had a career path. Now you have a question mark. My column this week is about what to do when you don't know the next step in your career: via @WSJ.
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United Airlines @united made me check in my hand bag because they "have no overhead space". How crazy is that you come to your seat and you see that half of the overhead spaces are empty!? . Did this happen to you?
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Demand US #HouseBackToWork from recess to pass the Land-Lease Act now! Senate passed it 100-0 (wow!) last week to get military equipment to Ukraine fast, but House then went to 2 week recess #NoTimeToRest.@SpeakerPelosi @LeaderHoyer @GOPLeader #HouseHelpUkraine #EconTwitter.
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Absolutely agree with Ben: the Russian oil price cap at $60 (max price for Russian oil) is entirely insufficient because. Russian oil is already trading at that level!. Want to limit Russia's ability to kill Ukrainians? . Set Russian oil price cap at production costs of $20.
Today the EU agreed on a $60/barrel cap on Russian oil which the G7 is set to adopt next week. If the goal of the cap is to increase pressure on the Putin regime to relent in Ukraine, this cap, around what Urals is *already* trading at, is entirely insufficient. #ThePriceIsWrong
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Two-way fixed effects.
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Join us! . I will present a new paper on how the use of AI by firms affects their risk profiles. With @AnastassiaFedyk @AlexXiHe @hodson.
Join us Wednesday, April 24 for the @mit_ide lunch seminar with guest @TaniaBabina for her talk "Artificial Intelligence and Firms' Systematic Risk".π»Anyone can join online: π@mit_ide members and @MIT Community can join in-person:
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Very thoughtful analysis of Russian mobilization by @mironov_fm and @itskhoki . Bottom line: damage of mobilization to Russian population and economic impact will be huge. Maxim and Oleg, please consider posting this in English. Please read, RT and comment on their post.
ΠΡΡΠ΅ΠΊΡ ΠΎΡ ΠΌΠΎΠ±ΠΈΠ»ΠΈΠ·Π°ΡΠΈΠΈ (ΡΠΎΠ²ΠΌΠ΅ΡΡΠ½ΠΎ Ρ ΠΠ»Π΅Π³ΠΎΠΌ @itskhoki).Π’ΡΠ΅Π΄. ΠΡΠ°ΡΠΊΠΈΠ΅ Π²ΡΠ²ΠΎΠ΄Ρ:.1. Π ΡΠ΅ΡΠ΅Π½ΠΈΠ΅ Π±Π»ΠΈΠΆΠ°ΠΉΡΠΈΡ
6 ΠΌΠ΅ΡΡΡΠ΅Π² Π±ΡΠ΄Π΅Ρ ΠΎΡΡΡΠ΅ΡΡΠ²Π»Π΅Π½Π° ΠΏΠΎΠΏΡΡΠΊΠ° ΠΌΠΎΠ±ΠΈΠ»ΠΈΠ·ΠΎΠ²Π°ΡΡ ΠΎΡ 700 ΡΡΡΡΡ Π΄ΠΎ 1 ΠΌΠΈΠ»Π»ΠΈΠΎΠ½Π° ΡΠ΅Π»ΠΎΠ²Π΅ΠΊ. 2. Π¦Π΅Π»Π΅Π²ΡΡ Π³ΡΡΠΏΠΏΡ, ΡΡΠ΅Π΄ΠΈ ΠΊΠΎΡΠΎΡΠΎΠΉ Π² ΠΏΠ΅ΡΠ²ΡΡ ΠΎΡΠ΅ΡΠ΅Π΄Ρ Π±ΡΠ΄Π΅Ρ ΠΎΡΡΡΠ΅ΡΡΠ²Π»ΡΡΡΡΡ ΠΏΡΠΈΠ·ΡΠ², ΠΌΡ ΠΎΡΠ΅Π½ΠΈΠ²Π°Π΅ΠΌ Π². .
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@SecYellen @POTUS Wonderful! . Tightening the enforce of sanctions on Russia and lowering oil price cap is a good way to go.
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Trying to address comments of 5 referees with mutually exclusive suggestions.
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Economists: if you support Ukraine, buy this T-shirt! Proceeds go to support people in Ukraine in need of food and medical supplies. #econntwitt #EconTwitter.
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New paper: Does labor lose when corporations can spend more money in elections? . To examine this question, we use the US 2010 Supreme Court ruling Citizens United, which rendered bans on political election spending unconstitutional. With @ateneked @greg_buchak Pat Akey.
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@abhishekn Thank you, Abhishek! After 5 calendar years working on the project (and 30-ish years in Assistant Professor scale), this feels amazing!.
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EU must cut off Putin's energy revenues to stop Russia's brutal attack on Ukraine. There is no other way. Here is a plan how to do it by @sanctionsgroup that Economist for Ukraine fully endorse @YGorodnichenko @TDeryugina @AnastassiaFedyk #EconTwitter.
A complete oil and gas embargo is necessary. Otherwise π·πΊ will continue to undermine πͺπΊ unity by blackmailing and cutting off supplies. A quick decision would allow the market to adapt sooner. A workable strategy is outlined in our Energy Sanctions Roadmap.
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Agent at the gate in New York Airport departing to Canada: "Prepare passports. Yes, Canada is an international destination".
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Hey, peacemongers, who insist that Ukraine must negotiate with Russia for peace, I have a question. If your home, your city, your country would be blown by Russia, would you chose to negotiate for "peace" or fight against the invading terrorists?.
Russians have just attacked a residential high-rise building in Zaporizhia. The number of victims is not yet known.
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Do you think it should be Russia who should pay for the devastating damage it has done to Ukrainians and their economy? . If yes, please read and share our proposal by @sanctionsgroup on this:. If not, read it and leave arguments on why you disagree.
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Join us tomorrow for AFA session on Venture Capital organized by Josh Lerner with three terrific papers and a bonus discussion of the papers by an experienced VC!.
Excited to be part of this AFA session and looking forward to @TaniaBabinaβs discussion! If youβre interested in venture capital and the intersection of innovation and finance donβt miss it! Sat, 2:30 - 4:30 pm. #ASSA2025
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@mironov_fm ΠΡΠΎ Π³ΠΎΡΠΎΠ΄ Π² ΠΊΠΎΡΠΎΡΠΎΠΌ Ρ Π²ΡΡΠΎΡΠ»Π°. ΠΠ½Π°ΠΊΠΎΠΌΡΠ΅ ΠΊΡΠΎ ΡΠ°ΠΌ ΠΎΡΡΠ°Π»ΡΡ Π³ΠΎΠ²ΠΎΡΡΡ Π΄Π΅ΠΉΡΡΠ²ΠΈΡΠ΅Π»ΡΠ½ΠΎ ΠΠ΅Π»Π΅Π½ΡΠΊΠΈΠΉ Π·Π°Π΅ΠΆΠ°Π».
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This week the US regulator CFPB finalized rules on open banking law!. Glad to have contributed to this through to my research on open banking policies around the world now forthcoming at the Journal of Financial Economics :-).
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As someone who did interest rate risk management at big regional bank, this is good explanation for the main reason @SVB_Financial failed: unhedged interest rate risk. Good news: most banks do not have this issue. Bad news: many PE firms do (bet rates will stay low). .
SVB does not deserve a bailout. A deep look at their financial statement reveals how horrific they were at risk management. And in my opinion incompetence explains only part of it. Moral hazard must have been at play. A thread. 1/.
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My first slide :-). Full credit for it goes to my co-author @AnastassiaFedyk who figured out how to put the Ukrainian flag on the title page in Latex
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Very IMPORTANT. Talked to close friend in RU, worried about her husband being sent to war. (Who should know what's going on). In response to my question "what's your plan", she said "well not everyone dies in the war". I cried so much, realizing how far gone people in RU are.
Been talking to families of conscriptable men all day. Unfortunately this is Feb22 all over again. Massive denial and cognitive dissonance and little media coverage of anything beyond the abstract phrase "partial mobilization". That first word seems to key to magical thinking.
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@johnjhorton is presenting a mind-blowing paper on using AI for doing social science at NBER SI AI and innovation joint session.
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Tune in to learn about our new work!.
π Exciting Webinar Alert #EconTwitter! π. Join us on Fri May 24 at 11AM EDT/5PM CEST for an insightful @AMLEDS1 #Webinar with @AnastassiaFedyk from @BerkeleyHaas!. π She'll discuss "#ArtificialIntelligence and Firms' Systematic Risk." Don't miss it!. #AI #Finance 1/n
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"Putin bestows honorary title on brigade accused of Bucha killings" .Of all the horrors done by Russian soldiers in Bucha, my gut reaction to allegations of children rape was disbelief. until I learned that this happened to my family's friends.
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Very informative and important thread about the treatment of Ukainians by Western intellectuals. Trust Ukrainians in Ukraine: they know best how to survive and fight Russiaβs war. They know what their biggest problems are and how to solve them.
Whatβs wrong with international development agencies in Ukraine? . My list of top fundamental errors that are committed to . 1. Obsession with control 1/.
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Anyone else is so lucky to get a personal text from Jim Poterba, President of the NBER? (Kidding, it is a scam). Just got an email from the CEPR that their President's name, Beatrice Weder di Mauro, was used in an email scam.
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I am all for Russians protesting against mobilization. Go finally do something about your atrocious war. I am against calling these protesters brave. Ukrainians joining UA army to fight for Ukraine are BRAVE. These Russians are just scared.
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Extremely hard to read. But russian soldiers rape Ukrainian kids. They raped 10 year old child-relative of our family friend-durring their occupation in Northern Kyiv. Please donate to Ukrainian army who liberate Ukrainians from russian brutality.
Met a doctor in Kyiv that has been working in the liberated areas of Kherson that Russians occupied for 7 months. She said, they had little girls that had been so brutally sexually assaulted that there is no longer a separation between anus and vagina. As doctors they had never.
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@stroebel_econ This is a great idea! . But most importantly: will this new outlet count for tenure review? Eg, will you, the editors, at NYU, Chicago and Northwestern give similar weight to a regular JF paper vs JF:IP?.
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It was awesome to attend the BIS annual conference last week in Basel, discuss Ralph Koijen paper and meet many central bankers, which are a super fun crowd!. The conference program:
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Very good thread about ordinary Russians supporting Russian war in Ukraine. I am from East Ukraine, and had many friends in Russia. None of them condemned the war or showed empathy. When I asked if they are afraid to die in the war, "not everyone dies in a war" was the reply.
A lesser known page of the Russo-Ukrainian war is the story of how a bunch of Ukrainian digital pros launched a *massive* info campaign in Feb/March 2022 to penetrate Russian propaganda and reach ordinary Russians. Itβs time you should know this story (and learn from it). 1/19.
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Agreed! Thanks to Xavier Vives and @EFA_org for bringing awareness to academic finance community that Russia's war against Ukraine is still going on at full scale and that Russia's war will have large economic consequences for global economies and the geopolitical situation.
I appreciate @EFA_org choosing such an important topic for the panel. THE FINANCIAL CONSEQUENCES OF THE WAR IN UKRAINE
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My heart bleeds seeing how russians are boming a market in my hometown #Kostyantynivka. #Russia.
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In case you still believe Kremlin propaganda points, like it was NATO's fault for the Russian invasion of Ukraine, please read this letter.
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Join our group: ask questions about the sanctions on Russia we proposed and come up with new ideas!.
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that's right.
The German company Rheinmetall prepared 16 Marder infantry fighting vehicles for Ukraine. The Scholz government refuses to issue an export license. History will judge Germany harshly for failing to do enough to stop the genocide of Ukrainians by the Russian fascist invaders.
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@AndrewPerpetua Good to hear! For those not from Donbas, Yasinovataya is one of the major (if not most important) railway hub in Donbas. Passed by it so many times. Physically sick of thinking how much people there are hurt now. Glad we helped our friends to get out a few months ago.
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Terrific paper by @andy_garin . Congratulations π!.
Recently accepted by #QJE, βThe Long-Run Impacts of Public Industrial Investment on Local Development and Economic Mobility: Evidence from World War II,β by Garin (@andy_garin) and Rothbaum:
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My cousin is fighting Russian invaders on the Ukrainian frontlines. His battalion is collecting money for a car. Please help them by donating via our partner AI for Good. All donations are tax-deductible, and 100% of funds will go to my cousin's unit.
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Thank you .@TheStanislawski for sharing! My family history is fairly similar even though I am from Donbas. After centuries of suppression and genocides by Russia, Ukrainians remain Ukrainians. Russia's invasion shows enitre world huge differences between two nations #SlavaUkraini.
The language context of Ukraine can be a tricky topic for any outsider. In this long and personal thread, Iβll illustrate the relationship between πΊπ¦ and π·πΊ languages in Ukraine using my familyβs history. Iβm a bilingual Ukrainian raised in a Russian-speaking family in Kyiv.
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