James Vickery

Forthcoming in the AER: "The Debt-Inflation Channel of the German (Hyper-)Inflation" by Markus Brunnermeier, Sergio Correia, Stephan Luck, Emil Verner, and Tom Zimmermann. aeaweb.org/articles?id=10…

Many thanks to @BSultanum and @ioannis_kospe for taking the time to talk with @poweill, Julien, and I about our new book, The Economics of Over-the-Counter Markets, available soon from @PrincetonUPress.

Congrats to Bronny on passing Ben Simmons in career 3 pointers made

Denmark has a unique mortgage system that avoids lock-in: Each mortgage is backed by a bond, so you can pay it off by buying that bond. If rates rise (say from 3% to 6%), bond prices can drop ~30%, letting you potentially buy out a $1M loan for ~$700k!

HISTORY MADE. 🇦🇺 Congratulations, @jordan_mailata! 👏 #SBLIX | #FlyEaglesFly

I was the mule bringing these out here in my checked bag. Chain of custody then sent them to photographer Yong Kim. To the field they made it, and the photo here is from Yong.

The greatest sports broadcaster in history, Merrill Reese!

So @QuentinVandewe2 and I are looking for a predoc! We're mainly looking for someone to help with theory/structural tasks, so there is no data task, and the work will lean towards theory stuff. Students, come apply! Faculty, send us your best students!

Have you heard? A Pop-Up Metro/Waterfront Rail Line might be coming to the Waterfront! Check out all the details in this article on @phillymag. bit.ly/4gglDWY #MyPhillyWaterfront

Cracking up at this old Jordan Mailata rugby footage. The other guys look terrified.

Submission deadline for our fixed income conference is this Friday, January 31. Our keynote speaker will be Annette Vissing-Jorgensen. If you have a new paper in this area, please consider submitting it!

Don't apologize - you look great!

This paper shows that a uniform prior over orthogonal matrices is both necessary and sufficient for uniform joint inference over the identified set of impulse responses, addressing concerns about standard Bayesian inference in set-identified SVARs. econometricsociety.org/publications/e…

Call for papers alert -- The Philly Fed and University of Delaware will host the second edition of the Fintech and Financial Institutions conference in April, featuring great research and a keynote by Stefan Nagel. Submit by Jan 14, you wont regret it :) philadelphiafed.org/calendar-of-ev…

California is burning. The tragedy of the destruction is unfathomable. On top of that, many homes don’t have insurance. Why? This is because of price controls. But CA's Prop 103 system goes way beyond normal insurance price controls into total dysfunction 🧵

In Ec10 we should them 15 million data points from sports betting from @andrewlilley_au comparing the prediction market probability to the outcomes. And guess what: if you collect 100 markets with a 6% chance of a team winning and look at the results you'll see them win 6 times.

Our cost to build: ~$350k/unit Affordable housing project next block: $725k/unit And ours includes paying for land while theirs doesn't. If the government actually cares about building more and affordable housing, they need to radically change how it happens...

The call for visiting OIGI at the Minneapolis Fed is open. Economic researchers, please consider applying! minneapolisfed.org/institute/visi…

Controversial Australian Olympic breaker Rachael Gunn retires from competition apnews.com/article/austra…

Good #ElectionDay morning! Polls are open 7am-8pm. ➡️ If you still have your mail ballot, don't put it in the mail. Find the nearest designated ballot drop box at vote.phila.gov/ballot-drop-off ➡️ If you are voting in person, confirm your polling location at vote.pa.gov/polls