Patrick Adams

and the paper: patrick-adams.com/jmp

Video of the episode: youtube.com/watch?v=3rhFhR…

I had a great conversation with @benjaminfelix and @CameronPassmore on the Rational Reminder Podcast (@RationalRemind), talking about my job market paper "Stocks for the Long Run or Liquidity? Tax Data Evidence and Portfolio Choice Implications" We discussed: - What income tax data tell us about individual investors' flows in and out of the stock market - How big data have changed our understanding of the risks to human capital, especially for top earners - Why even temporary stock price crashes can be painful for many working-age investors, and how this shapes their asset allocation decisions ...and much more! (link below)

@sc_cath @Wharton @Penn Thank you Sylvain! I'm really looking forward to being in the department with you!

@PatrickAdams21 @Wharton @Penn Welcome Patrick, looking forward to having you around

With the job market finished, I am very excited to be joining the Finance Department at the Wharton School of the University of Pennsylvania this July! @Wharton @Penn This would not have been possible without the tireless support and guidance of my advisors Adrien Verdelhan, Lawrence Schmidt, Jonathan Parker (@ProfJAParker), and Leonid Kogan; the other outstanding faculty at @MITSloan; a large network of helpful friends throughout the profession; and most importantly, my family. I look forward to getting to work!

@Wharton @Penn Thank you! I can't wait to get on campus!

@PatrickAdams21 @Penn Welcome to Wharton, Patrick! 👏

@marcodelnegro @SashaIndarte @Wharton @Penn Thank you Marco! You all were so important in my development as an economist. I hope to have the chance to visit again soon!

@PatrickAdams21 @SashaIndarte @Wharton @Penn Pat #1! All your friends at NY fed so happy for you

@sanjayrajsingh @Wharton @Penn Thank you Sanjay!

@PatrickAdams21 @Wharton @Penn Congrats Patrick!

@hoyoung_yoo_ @Wharton @Penn Thank you Hoyoung! I hope you're doing well!

@PatrickAdams21 @Wharton @Penn Congratulations, Pat!

@pdellacorte @Wharton @Penn Thank you!

@PatrickAdams21 @Wharton @Penn Congrats!

@MissChangHe @Wharton @Penn Thank you Chang! I hope we can catch up soon!

@PatrickAdams21 @Wharton @Penn Wow Congrats! So happy for you! So well deserved Pat!!

@SashaIndarte @Wharton @Penn Thank you Sasha! 😃

@PatrickAdams21 @Wharton @Penn Welcome Patrick! Very excited you're joining 😊

@ShinnKikuchi Thank you Shin!

@PatrickAdams21 Amazing! Congratulations Pat!!!😎😎😎😎

@jiageng_liu @Wharton @Penn Thanks Jiageng!

@PatrickAdams21 @Wharton @Penn Congrats, Pat!

@gc_jordan_ @Wharton @Penn Thanks Guillermo!

@PatrickAdams21 @Wharton @Penn Congrats!

@xzheng21 @Wharton @Penn Thank you! Wharton has two excellent UConn graduates in the finance PhD program who will be on the job market in a few years - keep an eye out for them!

@PatrickAdams21 @Wharton @Penn Congrats, Pat! Proud to see Husky landing well!

@michaeldcai @Wharton @Penn Thanks Michael! 🙂

@PatrickAdams21 @Wharton @Penn Woo! Thrilled for you, Pat :)

@timdesilva @ProfJAParker @dthesmar @SIEPR @StanfordGSB 🥳🥳🥳

Delayed update: the job market is over, and I've defended my dissertation! Thank you to my amazing advisors @ProfJAParker, @dthesmar, Larry, Taha, and Eric. I'm very excited to return to CA, where I'll do a postdoc at @SIEPR for 2024-25 and then join @StanfordGSB as a Finance AP!

BACK TO BACK‼️ #EVERYTHING

@MissChangHe @UVA Congratulations Chang! 🥳🥳 that’s fantastic!

I am excited to share that I will be joining the University of Virginia (@UVA) as an assistant professor of Economics in the Fall of 2024! 🤩 Words cannot express how grateful I am to my advisors, family and friends, and especially my fiancé for their continous support. ❤️