Xavier Gabaix
@xgabaix
Prof. of economics, Harvard
Job offer! We (@gchodorowreich, @ludwigstraub, @xgabaix) are hiring a #predoc to join us at Harvard, starting summer 2025. You'll work on a range of macro and/or finance projects with us. Apply here: rb.gy/8ghunc @econ_ra @predoc_org
Asset embeddings, derived from portfolio holdings using AI/machine learning, predict relative valuations, explain stock return comovement, and forecast portfolio decisions, from @xgabaix, @rkoijen, @rrichmond, and @motoyogo nber.org/papers/w33651
The workshop will take place on May 6, 13, 20, and 28, 2024 from 9am-noon EST. You can register via the following link: chicagobooth.az1.qualtrics.com/jfe/form/SV_0N… All are welcome to attend including PhD students, faculty, and policy economists.
🚨Announcement: Virtual Workshop on Demand System Asset Pricing🚨 Together with @xgabaix and @motoyogo, we will organize a virtual workshop on using asset demand systems to answer questions in asset pricing and macro finance.
I'm hiring a #predoc to work with me at Harvard finance/macro/behavioral, and/or on Machine Learning (also with my great coauthors @rkoijen @motoyogo @rrichmond), starting in the summer 2024! Apply here: rb.gy/s2zwo3 @econ_ra @predoc_org
Thanks Richard! This paper couldn't have been written without the wonderful Emmanuel Farhi
When non-economists define behavioral economics they leave out foundational papers like this one which has the admirable goal of making economic theory more behavioral. NB: not written for lay readers.
Thank you Cass! Those words would have cheered Emmanuel Farhi, who was so passionate about the economics as a guide to policy (and became a keen, if part time, behavioral economist).
Optimal Taxation With Behavioral Agents - a magnificent 2020 paper by the late Emmanuel Farhi and Xavier Gabaix (one of the most important behavioral economics papers in recent years, I think). @jasonfurman @R_Thaler pubs.aeaweb.org/doi/pdf/10.125…
Fantastic thread by @arpitrage. Also bonus methodological discussion at the end, by Arpit, @paulgp and @wdiamond_econ. @rkoijen and I hope to post the paper soon.
Thread on "In Search of the Origins of Financial Fluctuations" by @xgabaix and @rkoijen. One of the most exciting agendas in asset pricing. See video (youtube.com/watch?v=OQnHos…). They estimate $1b investment in market -> $10b increase in price. How? 1/
I’m presenting tomorrow May 14, 12pm EST “In search of the origins of aggregate fluctuations” at @virtualmacrosem, with @rkoijen Sign up at sites.google.com/view/virtualma… More macro than last week
Tomorrow 12.30pm EST, talk on "In search of the origins of financial fluctuations" with @rkoijen: virtualfinance.org
Tomorrow on virtualfinance.org, Xavier Gabaix @xgabaix takes us along on his search for the origins of financial fluctuations.
Hello #econtwitter and broader world. Please help research. @rkoijen and I would like your help on a 2 min finance survey. tinyurl.com/yc2ej8re Thanks!