output
20192025
most citedVerifying the existence of maximum likelihood estimates for generalized linear models

39 citations

researchers with a paper here

Counting papers with at most 25 authors, so collaboration author lists do not stand in for the people here.

collaborating institutions

6 papers

q-fin.GN2025★ 3 cited

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…

econ.GN2025★ 15 cited

Measuring Communication Quality of Interest Rate Announcements

Jonathan Benchimol, Itamar Caspi, Sophia Kazinnik

We use text-mining techniques to measure the accessibility and quality of information within the texts of interest rate announcements published by the Bank of Israel over the past…

econ.GN2025★ 15 cited

Failing Banks

Sergio Correia, Stephan Luck, Emil Verner

Why do banks fail? We create a panel covering most commercial banks from 1863 through 2024 to study the history of failing banks in the United States. Failing banks are characteriz…

econ.GN2024★ 10 cited

The Debt-Inflation Channel of the German (Hyper-)Inflation

Markus K. Brunnermeier, Sergio Correia, Stephan Luck +2

This paper studies how a large increase in the price level is transmitted to the real economy through firm balance sheets. Using newly digitized macro- and micro-level data from th…

econ.GN2022

Measuring Race in US Economic Statistics: What Do We Know?

Sonya Ravindranath Waddell, John M. Abowd, Camille Busette +1

This article is an edited transcript of the session of the same name at the 38th Annual NABE Economic Policy Conference: Policy Options for Sustainable and Inclusive Growth. The pa…

econ.EM2019★ 39 cited

Verifying the existence of maximum likelihood estimates for generalized linear models

Sergio Correia, Paulo Guimarães, Thomas Zylkin

A fundamental problem with nonlinear models is that maximum likelihood estimates are not guaranteed to exist. Though nonexistence is a well known problem in the binary response mod…