Kathy Yuan

Fifth #Economic #Networks and #Finance Conference on 3rd Nov. Programme now available. Register by 25th Oct to attend systemicrisk.ac.uk/events/fifth-e… Organisers: @Chris_Julliard @zkyuan Frank Page #LSESRCNetworks

Very happy to see this work with @rlx_shi and @zkyuan coming finally out: “The spread of COVID-19 in London: Network effects and optimal lockdowns” Again zillion thanks to a great editor: @elie_tamer OA link: doi.org/10.1016/j.jeco… #econtwitter 🧵1/...

@emre_ozdenoren Walkman

It is with immense sadness that the FMG has learned the news of Denis Gromb's passing. He is fondly remembered here, in an obituary written by Dimitri Vayanos: fmg.ac.uk/news/denis-gro….

SWP 985 by Christian Julliard (LSE), Gábor Pintér (BoE), Karamfil Todorov (BIS) and Kathy Yuan (LSE) uses a transaction level dataset to explore the determinants of repo market haircuts and which frictions are most important for their pricing. bankofengland.co.uk/working-paper/…

September 2021 Editor’s Choice: “Network Risk and Key Players: A Structural Analysis of Interbank Liquidity” Edward Denbee @Chris_Julliard Ye Li @zkyuan sciencedirect.com/science/articl…

Finally out: “Network Risk and Key Players: A Structural Analysis of Interbank Liquidity” And many thanks again to ⁦@toniwhited⁩ for her insights and help sciencedirect.com/science/articl…

(1/n) Social science research often relies on scans of documents such as statistical tables, newspapers, firm level reports, etc. #EconTwitter

NEW REPORT: Pitched debates about #China's lending to developing countries are short on facts. It is usually a contest of polar opposites -- Is China a patient development partner or a new imperialist power? #HowChinaLends #BRI bit.ly/31x505l /1

@AnnaBernoulli We call it street dog poo index — how much people walking through that street care about it.

Indeed we forecasted Internet forums could foster trading frenzies in 2013. We wrote: “A large volume of activity in such [internet] forums could suggest that speculators have more common information than private information and so trading frenzies become more likely to occur.”

Trading frenzy is not a zero sum game but has real economic consequences. When the capital market becomes a casino, efficiency will be lost. As most economies move from bank towards market based financial intermediation, it is worrisome to see the breakdown of the capital market.

5/5 And there are more examples in this article. nytimes.com/2021/02/01/bus…

4/5 For example, American Airlines, to benefit from the share price gain, decided to sell up to $1.1 billion worth of new shares. forbes.com/sites/tedreed/…

1/5 In our 𝕥𝕣𝕒𝕕𝕚𝕟𝕘 𝕗𝕣𝕖𝕟𝕫𝕚𝕖𝕤 paper a capital provider learns from price of a firm's security to decide how much to invest. To influence this decision speculators who wish to trade like each other coordinate on common sources of information. sciencedirect.com/science/articl…

AMAZING! This 2021 #NewYearsEve fireworks and drone show from London is 🔥🔥🔥

I have a very funny joke about convex preferences. I made it up by combining two less funny jokes.

Moderna CEO and co-founders came to the US as foreign students: Born in Lebanon, Noubar Afeyan, co-founder & chairman of Moderna came for his PhD at MIT. Born in France, CEO Stéphane Bancel came for his MS & MBA marginalrevolution.com/marginalrevolu…

I have very similar concerns about online seminar series. Many well-known economists from top schools are probably happy to give an online seminar each week. But they would never be willing to travel that often. (1/2)

@DefneYuan @emre_ozdenoren I have to defend @emre_ozdenoren. It is world leading in taste and looks.