40.2k citations
Counting papers with at most 25 authors, so collaboration author lists do not stand in for the people here.
- Federal ReserveUS4 papers
- Federal Reserve Bank of New YorkUS2 papers
- Virginia TechUS2 papers
- ABB (Germany)DE1 paper
- Aix-Marseille UniversitéFR1 paper
- Anaconda (United States)US1 paper
- Applied BioMath (United States)US1 paper
- Applied Research Laboratories, The University of Texas at Austin1 paper
- Australian Nuclear Science and Technology OrganisationAU1 paper
- Banco de PortugalPT1 paper
- Birla Institute of Technology and Science, PilaniIN1 paper
- Brigham Young UniversityUS1 paper
10 papers
Financial Stability Implications of Generative AI: Taming the Animal Spirits
Anne Lundgaard Hansen, Seung Jung Lee
This paper investigates the impact of the adoption of generative AI on financial stability. We conduct laboratory-style experiments using large language models to replicate classic…
Efficacy of AI RAG Tools for Complex Information Extraction and Data Annotation Tasks: A Case Study Using Banks Public Disclosures
Nicholas Botti, Flora Haberkorn, Charlotte Hoopes +1
We utilize a within-subjects design with randomized task assignments to understand the effectiveness of using an AI retrieval augmented generation (RAG) tool to assist analysts wit…
Pandemics Depress the Economy, Public Health Interventions Do Not: Evidence from the 1918 Flu
Sergio Correia, Stephan Luck, Emil Verner
We study the impact of non-pharmaceutical interventions (NPIs) on mortality and economic activity across U.S. cities during the 1918 Flu Pandemic. The combination of fast and strin…
Digitizing Historical Balance Sheet Data: A Practitioner's Guide
Sergio Correia, Stephan Luck
This paper discusses how to successfully digitize large-scale historical micro-data by augmenting optical character recognition (OCR) engines with pre- and post-processing methods.…
Public Policymaking for International Agricultural Trade using Association Rules and Ensemble Machine Learning
Feras A. Batarseh, Munisamy Gopinath, Anderson Monken +1
International economics has a long history of improving our understanding of factors causing trade, and the consequences of free flow of goods and services across countries. The re…
Dynamic Beveridge Curve Accounting
Hie Joo Ahn, Leland D. Crane
We develop a dynamic decomposition of the empirical Beveridge curve, i.e., the level of vacancies conditional on unemployment. Using a standard model, we show that three factors ca…
SciPy 1.0--Fundamental Algorithms for Scientific Computing in Python
Pauli Virtanen, Ralf Gommers, Travis E. Oliphant +32
SciPy is an open source scientific computing library for the Python programming language. SciPy 1.0 was released in late 2017, about 16 years after the original version 0.1 release…
ppmlhdfe: Fast Poisson Estimation with High-Dimensional Fixed Effects
Sergio Correia, Paulo Guimarães, Thomas Zylkin
In this paper we present ppmlhdfe, a new Stata command for estimation of (pseudo) Poisson regression models with multiple high-dimensional fixed effects (HDFE). Estimation is imple…
Spectral backtests of forecast distributions with application to risk management
Michael B. Gordy, Alexander J. McNeil
We study a class of backtests for forecast distributions in which the test statistic depends on a spectral transformation that weights exceedance events by a function of the modele…
Large-Dimensional Dynamic Factor Models: Estimation of Impulse-Response Functions with Cointegrated Factors
Matteo Barigozzi, Marco Lippi, Matteo Luciani
We study a large-dimensional Dynamic Factor Model where: (i)~the vector of factors is and driven by a number of shocks that is smaller than the dimension of $\…