Daniel M. Sullivan

I took a class in ugrad freshman year and I still think about it regularly. Allusions and wordplay people have been unraveling for hundreds of years, an absolute next level work.

I guess I'm gonna have to write something about auto debt...

I would think so. Cursory search for what fraction of auto loans are floating didn't find anything. My prior is that it's mostly fixed but that's a guess.

I happened on this today while looking for something else, from the Other Institute. Looks like the spike in prices subsided as rates rose (probably some causality there). But median and average payments are not up much more than inflation.

NB: some of this throws out people who miss any payments

Which it was, until mid '22 when auto rates started to rise. But IDK if enough people are savvy enough to drive a trend like this, though.

The "rolling negative equity" Q is interesting, and something we might be able to do with our data.

there was also about a year between inflation spiking (partly b/c car buying) and rates rising. You could get 1.99% until ~Jan 2022. I would (and did) take every dollar possible under those terms.

Yes, that too. Unfortunately, idk if we'll ever have admin data to answer this. I'm pretty sure make/model/price isn't in bureau data, and no bank is going to reveal how underwater its own loans are.

Delinquencies aren't too crazy yet. Credit got pretty loose in '21-'22, so the overall credit pool is more risky and it's an open question how much of recent credit trends (delinq., underwater) are from that.

I got to a point once with a very good RA where we communicated almost exclusively via Trello, and the occasional phone call as needed to talk through stuff. I could track exactly what he was doing real time, and he knew exactly what to do next. It was amazing for both of us.

it's still the shared version and allows simultaneous editing, but in the standard Word UI. But it's possible it's not a universal feature

We have a "open in desktop app by default" option. Don't know if that's standard.

JP Morgan Chase Institute - Research Associate Collaborate with a team of scientists to implement robust data pipeline that realizes the full potential of the firm's data.

Link above is broken, this one should work

jpmc.fa.oraclecloud.com/hcmUI/Candid...

JP Morgan Institute - Research Associate Collaborate with a team of scientists to implement robust data pipeline that realizes the full potential of the firm's data.

🚨We're hiring at the JPMorganChase Institute!🚨

Roles are similar to "pre-docs" but our analysts and associates tend to stay longer and you get to pick up a lot of very valuable Big Data experience. The pay is also Quite Good.

Please share!

jpmc.fa.oraclecloud.com/hcmUI/Candid...

ClimateReanalyzer daily sea surface temperature chart for all years, showing absolutely bonkers daily records beginning in mid-March 2023.

As of next week, the oceans will have set a rather preposterous heat record every day for a year.

JP Morgan Chase Institute Research Lead - Small Business and Local Economies Lead research related to small businesses and local economies in which they operate, while leading a small team of Data Scientists.

We're hiring at the JPMorgan Chase Institute!

We're looking for someone to lead our research on local economies/urban econ and small businesses.

For background, this is the same type role I had when I joined the Institute in 2019.

Please share!

jpmc.fa.oraclecloud.com/hcmUI/Candid...

The C3S/ECMWF team announce that 2023 was hottest on record, about 1.48°C above pre-industrial levels.

"2023 was an exceptional year, with climate records tumbling like dominoes," says @oceanterra.bsky.social

Great graphics in this BBC article about the data: www.bbc.co.uk/news/science...

Joanne Im on the PhD job market from MIT, has important results on finance and the environment (and a more recent abstract that I last sent out) mitsloan.mit.edu/phd/students...

Hello, #EconSky, we're hiring at the JPMC Institute!

Come lead our research on mid-size business! Early career PhD's, including rookie JMC's, are a great fit, no prior middle market exp required.

Please reach out w/ Q's about the job, Institute, etc!

jpmc.fa.oraclecloud.com/hcmUI/Candid...

Hello, #EconSky, we're hiring at the JPMC Institute!

Come lead our research on mid-size business! Early career PhD's, including rookie JMC's, are a great fit, no prior middle market exp required.

Please reach out w/ Q's about the job, Institute, etc!

jpmc.fa.oraclecloud.com/hcmUI/Candid...

Abstract of the paper 'How Power Shapes Behavior: Evidence from Physicians'

When the abstract says

❝We exploit the quasi-exogenous assignment of 1.5 million patients to physicians in US military, using the difference in ranks to measure their power differential❞

you know you're in for something great

@vinisingh.bsky.social
stschwab.github.io/images/power...