
Taxes and public debt | Virtual Municipal Finance Workshop: https://teapaw.org/t.co/eslr1MBB3n | Assistant Professor @Wharton
Philadelphia, PA
Joined March 2012
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The Virtual Municipal Finance Workshop is starting tomorrow, Wednesday 2/18, at 11am EST!
The first presentation will be "Dealer Specialization and Market Segmentation" by Chotibhak Jotikasthira, Christian Lundblad, and Jinming Xue
Paper and Zoom: muni-workshop.com/schedule
The next Virtual Municipal Finance Workshop is tomorrow, 3/18, at 11am EST!
June Huang of UT-Dallas will present "Debt by Democracy: Bond Referendum Requirements and Municipal Borrowing" with Kimmie Munevar at Texas A&M + Delphine Samuels at INSEAD
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Paper and zoom link: muni-workshop.com/schedule
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The next Virtual Municipal Finance Workshop is tomorrow, 3/4, at 11am EST!
Riddha Basu (GWU) will present "The Darkside of Dissemination: Evidence from the Provision of Municipal Credit Ratings" with Xiangpei Chen (Loyola) and Jim Naughton (UVA).
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Paper and zoom: muni-workshop.com/schedule
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The Chicago Fed is hosting a brand new muni finance conference this fall!! The call for papers is due this Saturday (5/31): ssrn.com/index.cfm/en/janda/…
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The Virtual Municipal Finance Workshop meets TOMORROW, 4/30, at 11am EDT!
Our presentations will be by Hala Moussawi (Stanford) and Renping Li (WUSTL) covering topics in municipal finance and taxation and competition.
Papers and Zoom link: muni-workshop.com/
The Virtual Municipal Finance Workshop meets TOMORROW, 4/16, at 11am EDT!
Our presentations will be by Viral Acharya (NYU) and Tuomas Tomunen (Boston College) covering topics in municipal finance and the environment.
Papers and Zoom link: muni-workshop.com
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The Virtual Municipal Finance Workshop meets TODAY, 4/2, at 11am EDT!
Our presentations will be by Ryan Israelsen (Michigan State University) and Kyle Zimmerschied (University of Missouri) covering topics in muni finance and immigration
Papers and Zoom: muni-workshop.com
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The Virtual Municipal Finance Workshop meets this Wednesday, 3/19, at 11am EDT!
Our presentations will be by Federico Mainardi (UChicago) and Michael Varley (UKentucky) covering topics in municipal finance and the macroeconomy.
Papers and Zoom link: muni-workshop.com
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The Virtual Municipal Finance Workshop meets this Wednesday, 3/5, at 11am EST!
Our presentations will be by Casey Dougal (FSU) and Bingkuan (Bryan) Cao (UNL) covering topics in stakeholder relationships in municipal finance.
Papers and Zoom link: muni-workshop.com
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The Virtual Municipal Finance Workshop starts this Wednesday, 2/19, at 11am EST!
Our first presentations will be by Delphine Samuels (UChicago) and Gustavo Cortes (UFlorida) on information creation and distribution
Papers and Zoom: muni-workshop.com
We will have a new Virtual Municipal Finance Workshop Wednesday at 11am ET!
Sara B. Holland will present "How Do Retiree Health Benefit Promises Affect Municipal Financing?" (joint with Sebastien Betermier and Sean Wilkoff)
Paper + Zoom: muni-workshop.com
We will have a new Virtual Municipal Finance Workshop today at 11am ET!
Zihan Ye of University of Tennessee will present "Roe v. Rates: Reproductive Healthcare and Public Financing Costs" (joint with Runjing Lu of University of Alberta)
Paper + Info: muni-workshop.com
Apropos of nothing in particular, here's a warning I give to students regarding estimating Stata regressions with fixed effects...
A new Virtual Municipal Finance Workshop today at 11am ET!
Ji Yeol Jimmy Oh of SKKU will present "Mutual Fund Flows and the Supply of Capital in Municipal Financing" (with Manuel Adelino, Sophia Chiyoung Cheong, and Jaewon Choi)
Paper + Info: muni-workshop.com
Well, I think I've finally arrived! There is a fake conference scam going around with my name on it... If you get an invite to this fake conference, please don't click on any links >.<
(and if you know how to make them stop, I'd love advice)
I'm sorry I have missed posting Virtual Municipal Finance Workshop updates the last few weeks!!
Marcelo Sena will be presenting "Local Government Valuation" joint with @og_giesecke and Haaris Mateen at today at 11am.
Paper and Zoom info: muni-workshop.com/
Want to learn more about the state of municipal finances in the U.S.?
My coauthor Marcelo Sena is presenting our paper on Local Government Valuation tomorrow, 11 am ET.
Tune in:
muni-workshop.com/schedule
We show that:
1) A substantial share of municipalities operate with a negative net position—akin to a negative book equity position in the corporate context.
2) Most of this decline in the financial position originates from the accumulation of legacy obligations; such as, pensions and other post-employment benefits.
3) While the municipal bond market recognizes the differences in the fiscal position, the magnitude of the spreads appear small to reconcile the differences in fiscal health.
4) We rationalize the observation in the municipal bond market by pricing the implicit bailout insurance by higher levels of government.
The Virtual Municipal Finance Workshop is BACK tomorrow 11am ET!
The first talk this semester will be Matthias Fleckenstein presenting "Do Municipal Bond Investors Pay a Convenience Premium to Avoid Taxes?" (joint with Francis Longstaff)
Paper+zoom: muni-workshop.com/
Dan Garrett retweeted
Come work with Sylvain Catherine (@sc_cath) and me as a pre-doc at Wharton, on exciting topics in household finance, wealth inequality, housing and mortgage markets, and demographic change! Please share, we'll review applications by Dec 1. @econ_ra @econtwitter
🧵1⃣🧪Lu Liu (@luliu_fin) and I are hiring a full-time research assistant in a two-year pre-doc position within the Wharton finance department. Our research will study household financial decisions, wealth inequality, housing and mortgage markets, and demographic change.
























