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Department of Finance 
London School of Economics                                       
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This year the U.K. Women in Finance Workshop will take place @ImperialBiz
Save the date: March 13 2025, and submit your papers.
Special shout out to PhD students, as there will be a PhD poster session.
The deadline is November 15 2024
Please repost!

A fun podcast with Jonathan Berk of Stanford and Jules van Binsbergen of Wharton about CEO pay – why it is high, how it compares to CEOs’ contributions to firm value, and why CEO pay is set differently from that of mutual fund managers:

I wrote an essay about what we can actually do about macro volatility from supply chains.

A lot of proposals are a thin cover for protectionism.

What we need instead: a new institutional economics of supply networks.

joint w/ Yann Calvó López

https://x.com/Noahpinion/status/1839628554369470972

An email containing the phrase “You can now refer to it as forthcoming” is one of the best ways to start a weekend.
Thanks a lot @ProfLeonidKogan (and for the great suggestions too!)

This is wonderful news for LSE, thanks to a very generous gift from one of our alumni. Among other initiatives, the new Global School of Sustainability will house LSE’s Center for Sustainable Finance.

“Trump has proposed across-the-board tariffs of up to 20% on imported goods. Forty-seven percent of voters approve of the idea… By contrast, 100% of the economists, who span the political spectrum, said they ‘strongly oppose’ the idea” 🤷
https://www.wsj.com/economy/trump-harris-policies-economists-vs-voters-176c1407?st=PK1jWC

Women leaving men behind across the West:
– More men not in education, work or looking for a job.
– Large (and growing) gap in favor of women going to university.
And many more interesting charts in the excellent data story by @jburnmurdoch in the @ft (link in next tweet).

The 24th Macro-Finance Society Workshop was held last week in Oslo. Anna Pavlova and Lasse Heje Pedersen gave the Methods and Advances lectures, and Phillipe Aghion gave the keynote address. You can access the slides and conference program here: https://macrofinancesociety.org/24th-macro-finance-workshop/

What have been the underlying drivers of a potential “replication crisis” in corporate bond asset pricing research over the last decade?
Our updated working paper, https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4575879, documents some root causes:
(1) Not adjusting signals for potential microstructure noise…

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