Monday, February 2023
Model-free and Model-based Learning as Joint Drivers of Investor Behavior” (with Lawrence Jin, Cornell University)
In the past decade, researchers in psychology and neuroscience studying human decision-making have increasingly adopted a framework that combines two systems, namely “model-free” and “model-based” learning. We import this framework into a simple financial setting, study its properties, and link it to a range of applications. We show that it provides a foundation for extrapolative demand and experience effects; resolves a puzzling disconnect between investor allocations and beliefs in both the frequency domain and the cross-section; helps explain the dispersion…
Find out more »CFM-PER Alternative Data Initiative: Global value chains under the shadow of Covid
Register here: https://events.columbia.edu/go/CFM_PER_ADI Covid brought massive disruptions to the intricate web of global value chains setting off bottlenecks and inflation in its wake. The broader impact on inflation and the global economy is hotly debated. This event will feature a lecture by Hyun Song Shin, Economic Adviser and Head of Research at the Bank of International Settlements, who has been one of the influential voices in this debate. He has been at the forefront of using data on supply chains to…
Find out more »PER Co-sponsored Conference: The Credibility of Government Policies: Conference in Honor of Guillermo Calvo
Please click through for program and registration details.
Find out more »The Future of Capitalism @TheHub Speaker Series with Nobel Prize Recipients Professor Joseph Stiglitz
Join us in the first of a speaker series on the Future of Capitalism led by Columbia Business School Dean Emeritus Glenn Hubbard, who will be discussing, among other topics: • What is capitalism's future in generating prosperity? • How important is innovation for our economy? • Are business leaders and politicians doing what they should advance dynamism? • Can we return market economies to the faster growth and broadly shared prosperity of the immediate postwar period?
Find out more »Thursday, March 2023
PER Co-sponsored Book Talks: Claudia Goldin
Big Ideas Book Series with Claudia Goldin discussing Career and Family: Women’s Century-Long Journey toward Equity Thursday, March 9, 2023 4:15-5:45pm ET The Forum at Columbia University 601 W 125th Street, Room 315 Register here: https://www.eventbrite.com/e/big-ideas-book-series-with-claudia-goldin-tickets-522594071937
Find out more »1022 International Affairs Building (IAB)
1022 International Affairs Building (IAB)
Mail Code 3308
420 West 118th Street
New York, NY 10027