The conventional wisdom in finance is that competition is fierce among investors: if a group changes its behavior, others adjust their strategies such that noth
The novel coronavirus disease, COVID-19, has brought significant change to people’s lives and business activities nationally, regionally, and globally. The Phil
Several papers argue that financial economics faces a replication crisis because the majority of studies cannot be replicated or are the result of multiple test
We explain when and how staggered difference-in-differences regression estimators, commonly applied to assess the impact of policy changes, are biased. These bi
These presentation slides have been written for the Advanced Course in Asset Management (theory and applications) given at the University of Paris-Saclay. They
Several papers argue that financial economics faces a replication crisis because the majority of studies cannot be replicated or are the result of multiple test
We assess how investors’ willingness-to-pay (WTP) for sustainable investments responds to the social impact of those investments, using a framed field experimen
The financial sector is entering a new era of rapidly advancing data analytics as deep learning models are adopted into its technology stack. A subset of Artifi
The European Commission published its new Digital Finance Strategy on 24 September 2020. One of the centrepieces of the Strategy is the draft Regulation on Mark
Sustainability in business and ESG (environmental, social, and governance) in finance have exploded in popularity among researchers and practitioners. We survey
The COVID-19 crisis underscored the urgency of digitizing sovereign money and ensuring universal access to banking services. It pushed two related ideas—the iss
Corporate Social Responsibility (CSR) refers to the incorporation of Environmental, Social, and Governance (ESG) considerations into corporate management, finan
Artificial intelligence (AI), from time to time called machine intelligence is simulation of human intelligence in machines. It is the intellect exhibited by ma
The recent booming of AI in FinTech evidences the significant developments and potential of AI for making smart FinTech, economy, finance and society. AI-empowe
The intersection of finance and technology, known as fintech, has resulted in the dramatic growth of innovations and has changed the entire financial landscape.
We document and quantify the negative impact of trend breaks (i.e., turning points in the trajectory of asset prices) on the performance of standard monthly tre
The COVID-19 pandemic has resulted in dramatic economic effects, characterized by excessive stock price volatility and a market crash. Some of the phenomena in
The term decentralized finance (DeFi) refers to an alternative financial infrastructure built on top of the Ethereum blockchain. DeFi uses smart contracts to cr
Since the first death in China in early January 2020, the coronavirus (COVID-19) has spread across the globe and dominated the news headlines leading to fundame
We directly optimize the objectives of portfolio management via deep reinforcement learning—an alternative to conventional supervised-learning paradigms that