Economist. Assistant professor of finance and business economics @usc.

Los Angeles
Joined September 2013
Miao Ben Zhang retweeted
🥇 Congrats to Michael Blank, @gregorschub & @rainozhang for ranking #1 Gold in econ.GN Preprints (April 2026) on Kurate.org!
Had a fantastic workshop day at @OpenAI in SF! Huge thanks to OpenAI's Economic Research Team for the invitation. We had a blast presenting our upcoming paper on “Household Impact of Generative AI” (joint with @SchubertGregor & Michael Blank). Lots of fun and great job, Gregor!
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New paper: “The Household Impact of Generative AI.” While most existing research focuses on AI’s impact “at work”, our joint work with Michael Blank and @gregorschub suggests the effects may be even larger “at home”, based on billions of internet browsing visits.
🚨 New Working Paper! 🚨 Time to talk about "The Household Impact of GenAI", covered by the @WSJ ! In this paper, we ask what GenAI is doing to productivity outside of work - and find evidence of large impacts. arxiv.org/pdf/2603.03144 (w/ @rainozhang, Michael Blank) 🧵(1/n)
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Miao Ben Zhang retweeted
🚨 New Working Paper! 🚨 Time to talk about "The Household Impact of GenAI", covered by the @WSJ ! In this paper, we ask what GenAI is doing to productivity outside of work - and find evidence of large impacts. arxiv.org/pdf/2603.03144 (w/ @rainozhang, Michael Blank) 🧵(1/n)
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Miao Ben Zhang retweeted
What happens when we encourage AI use for research and use AI to review papers? We are running an experiment to find out: the UCLA Human × AI Finance conference! Write a finance paper with AI in 4 weeks (by 3/18). AI agents review the submissions: humanxaifinance.org/ 🧵 1/
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Miao Ben Zhang retweeted
Trade raises workers' efficiency, ss globalized employers reorganize tasks, but also increases pay disparity within occupations at these employers, from Sascha O. Becker, Hartmut Egger, Michael Koch, and Marc-Andreas Muendler nber.org/papers/w34549
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Miao Ben Zhang retweeted
Excited to share a new paper on how social interactions trigger and amplify lottery stock mania. Looking forward to your comments!
“Social Interactions and Lottery Stock Mania” Heightened social media activity about a stock predicts extreme daily price run-ups. Heavy social media discussion of such lottery event stocks is followed by heavy retail buying—espec. by Robinhood users—and then lower returns. /1
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Miao Ben Zhang retweeted
I hope that this will become a standard open-source for research in (international) macro and finance on portfolio holdings. The data can be downloaded here: globalcapitalallocation.com/…
Constructing representative security-fund-level longitudinal data for the United States using regulatory filings of portfolio holdings from Form N-PORT, from Bruno Cavani, @m_maggiori, and @jschreger nber.org/papers/w34494
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Miao Ben Zhang retweeted
Open call for papers, AI and Economic Measurement. Conference to be held in Stanford, CA on May 7, 2026. Submit applications by 11:59pm EDT on February 2, 2025. More information: nber.org/calls-papers-and-pr…
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Had a fantastic workshop day at @OpenAI in SF! Huge thanks to OpenAI's Economic Research Team for the invitation. We had a blast presenting our upcoming paper on “Household Impact of Generative AI” (joint with @SchubertGregor & Michael Blank). Lots of fun and great job, Gregor!
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Miao Ben Zhang retweeted
Outlining a research agenda and nine grand challenges for studying the economic impacts of transformative artificial intelligence, from @erikbryn, @akorinek, and @professor_ajay nber.org/papers/w34256
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We are hosting the 14th Advances in Macro-Finance Conference in Santa Barbara on Oct 17 and 18. Please submit your paper at forms.gle/DaP86ZptjX4J1KRe9
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Miao Ben Zhang retweeted
How is #AI changing #jobs? 1st episode of our live podcast series from the @PSEinfo CEPR Policy Forum, w/ @davidautor @MIT explaining to @timsvengali why #automation could increase the value of human expertise in some roles and reduce it in others Listen: cepr.org/multimedia/automati…
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(1/4) When some job tasks are automated, do the tasks that remain become more or less valuable? 🧵👇 In a new working paper, @davidautor and @ProfNeilT argue the answer depends on how much expertise is required for the tasks still done by humans.
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Miao Ben Zhang retweeted
An overview of the arsenal of tools that large US corporations use to influence policy and politics, from @m_bombardini and @xftrebbi nber.org/papers/w33696
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Conceptualizing Regulation. A grumpy economist review of "Commandeering Regulation," a new basic parable suggested by Carl Danner at Cato Review. Links in the first reply.
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