Big Data, Artificial Intelligence, and Financial Economics
Itay Goldstein, Chester S. Spatt, Mao Ye, and Tarun Ramadorai, Organizers
December 13, 2024
Format: 20 minutes for presentation, 15 minutes for discussants and 20 minutes for general discussions
| Friday, December 13 | ||||
| 8:00am | Continental Breakfast | |||
| 8:30am | AI and Labor Market | |||
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Philip Bond, University of Washington Lukas Kremens, University of Washington Income and Inequality under Asymptotically Full Automation
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Abhinav Gupta, University of North Carolina at Chapel Hill Naman Nishesh, University of North Carolina at Chapel Hill Elena Simintzi, University of North Carolina at Chapel Hill Big Data and Bigger Firms: A Labor Market Channel
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| 9:50am | Break | |||
| 10:10am | Measuring Economic Activities Using AI | |||
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Ali Kakhbod, University of California, Berkeley Leonid Kogan, Massachusetts Institute of Technology and NBER Peiyao Li, University of California, Berkeley Dimitris Papanikolaou, Northwestern University and NBER Measuring Creative Destruction
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Anna M. Costello, University of Chicago Bradford (Lynch) Levy, University of Chicago Booth Valeri Nikolaev, University of Chicago Uncovering Information: Can Language Models Tell Us Where to Look?
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| 11:30am |
Francesco Bianchi, Johns Hopkins University and NBER Sydney C. Ludvigson, New York University and NBER Sai Ma, Federal Reserve Board of Governors What Hundreds of Economic News Events Say About Belief Overreaction in the Stock Market
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| 12:10pm | Lunch | |||
| 1:30pm | AI, Algorithm, and Retail Trading | |||
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Robert P. Bartlett III, Stanford University Maureen O'Hara, Cornell University Navigating the Murky World of Hidden Liquidity
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Amber Anand, Syracuse University Mehrdad Samadi, Federal Reserve Board of Governors Jonathan Sokobin, Financial Industry Regulatory Authority Kumar Venkataraman, Southern Methodist University Retail Limit Orders
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| 2:50pm | Break | |||
| 3:10pm | Designing Artificial Homo Economicus | |||
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Yiming Zhang, Hong Kong University of Science and Technology Do Mutual Funds Benefit from the Adoption of AI Technology?
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Hui Chen, Massachusetts Institute of Technology and NBER Yuhan Cheng, Shandong University Yanchu Liu, Sun Yat-sen University Ke Tang, Tsinghua University Teaching Economics to the Machines
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| 4:30pm | Adjourn | |||