🔥The 9th Round of Easy Loan, Earn $40 Reward is in progress❗️ ⏰ Promotion Period: January 15th - Feburary 15th, 2025 👉 Register now and check more details at gate.io/campaigns/358

AREUEA 2024 National Conference such a great success! Thanks to 1st VP Albert Saiz for a fantastic program! Congrats again to Prof Nancy Wallace for the John Quigley Medal, presented by AREUEA past president Stijn Van Nieuwerburgh!

We updated our paper on mortgage lock-in, with data up to 2024 and new results!

Interesting findings, raises questions on how independent monetary policy can be from fiscal linkages in the Euro Area?

Really excited that this paper has finally found a home! See awesome thread by Sylvain Catherine for a summary.

Excited to finally see this article with Yiming Ma and Zhengyang Jiang in print! We show that each dollar of bank reserves created by QE crowds out 7.7 cents of bank lending, using a supply-and-demand model we identify with several natural experiments. sciencedirect.com/science/articl…

Why have mortgage rates fallen & what does it mean for the future? Prof. @LuLiu_Fin spoke with @ABCNews to lead this week's The Wharton School faculty in the news roundup. Swipe for... 1️⃣ Liu on mortgage rates 2️⃣ @HamsaBastani on AI 3️⃣ Cait Lamberton on inflation 4️⃣ @FaderP on marketing

💳💳💳💳 I recently finished a revision of my paper on how credit card lenders set credit limits: 💳💳💳💳

A bunch of faculty are hiring full-time RAs, for starting next summer 2025, at Booth! Here's the posting! If you're a student, come apply! If you're a faculty, send us your best students! And ping me if you have any questions!

🚨 Come work at Harvard Business School! You'll work on exciting projects related to household finance and corporate finance, receive mentorship, and sharpen your analytical skills through direct research involvement. Link: tinyurl.com/25tf367t Priority deadline: Sept 20th

We are proud to announce the Third annual Georgia Tech-Federal Reserve Bank of Atlanta Household Finance Conference! sites.google.com/view/gt-frba-h… Submit by November 18! We have a session reserved for PhD student presenters with a $1,500 prize!

📢 Submit your best papers in household finance! 📢 We welcome submissions using or related to innovative data in household finance, but papers broadly related to household finance will be considered too! Deadline is Oct 14! Conference takes place in Cambridge, MA on Dec 13

New paper alert 🚨 Are firms with financial slack truly unconstrained? How do SMEs manage financing over time, and what is the nature of friction that limits their growth? Link: tinyurl.com/8d9h3v27

‼️ The NYFED is hiring ‼️ Candidates with expertise in monetary/international macro & econometrics/time series Come work with a fantastic group in wonderful NYC 🗽🤩 Apply here (ad: R-0000027010) 👇 rb.wd5.myworkdayjobs.com/en-US/FRS/deta… #EconTwitter New York Fed Research @EconJobMarket

We’re hiring pre-docs! Gideon Bornstein, Sergio Salgado, and I are accepting applications for a full-time pre-doc. Work alongside us at The Wharton School on research in macroeconomics, household finance, and inequality. Priority deadline is *Nov. 26* Apply: wd1.myworkdaysite.com/en-US/recruiti…

🧵My coauthor James Paron is on the market! His paper reconciles apparently contradictory trends since 1970: 📉declining economic growth 📈rising stock market valuations His explanation: Innovation got harder➡️ R&D fell, M&A rose ➡️ top firms pushed the aggregate stock market up

Come join us for the #ASSA2025 session on Mortgage Lock-In today at 10:15h! Stijn Van Nieuwerburgh Julia Fonseca David H Zhang Vadim Elenev 🇺🇦 alz

I wrote a short paper with Baiyun Jing and Erica Xuewei Jiang about property taxes! Some takeaways: 1. Property taxes are big: if r=5%, a 2.5% property tax extracts 33% of the value of a house! 2. Taxes are long-duration: they have interest rate sensitivities equal to 30+ year bonds!