Yale International Center for Finance
@yaleicf.bsky.social
Providing academic & professional support for research in financial economics.
icf.som.yale.edu
icf.som.yale.edu
From the Origins of Value Virtual Museum: Compania Salitrera de Tarapaca y Antofagasta of Chile, share certificate, 1934. https://bit.ly/3X6eKAk #ICF_FinancialHistoryFriday
November 28, 2025 at 9:00 PM
From the Origins of Value Virtual Museum: Compania Salitrera de Tarapaca y Antofagasta of Chile, share certificate, 1934. https://bit.ly/3X6eKAk #ICF_FinancialHistoryFriday
From the Origins of Value Virtual Museum: Strand Bridge share issued to John Colegate, December 1809. Built in 1811 - 1813, it was considered to be the largest and most beautiful bridge over the River Thames. https://bit.ly/47x5zOb #ICF_FinancialHistoryFriday
November 21, 2025 at 9:00 PM
From the Origins of Value Virtual Museum: Strand Bridge share issued to John Colegate, December 1809. Built in 1811 - 1813, it was considered to be the largest and most beautiful bridge over the River Thames. https://bit.ly/47x5zOb #ICF_FinancialHistoryFriday
From the Origins of Value Virtual Museum: Moscow-Kazan Rail Road Company 4% bond for 2000 German imperial marks to the person who presents this. Issued 1901. https://bit.ly/3WBfNrQ #ICF_FinancialHistoryFriday
November 14, 2025 at 9:00 PM
From the Origins of Value Virtual Museum: Moscow-Kazan Rail Road Company 4% bond for 2000 German imperial marks to the person who presents this. Issued 1901. https://bit.ly/3WBfNrQ #ICF_FinancialHistoryFriday
Reposted by Yale International Center for Finance
Procyclical stocks, those whose cash flows rise with expected economic growth, earn higher average returns than countercyclical stocks, from William N. Goetzmann, Akiko Watanabe, and Masahiro Watanabe www.nber.org/papers/w34402
October 29, 2025 at 5:04 PM
Procyclical stocks, those whose cash flows rise with expected economic growth, earn higher average returns than countercyclical stocks, from William N. Goetzmann, Akiko Watanabe, and Masahiro Watanabe www.nber.org/papers/w34402
From the Origins of Value Virtual Museum: Romanian domestic loan for 3% consolidation with coupons, 1935. No. 242914. https://bit.ly/47jGfwr #ICF_FinancialHistoryFriday
November 7, 2025 at 9:00 PM
From the Origins of Value Virtual Museum: Romanian domestic loan for 3% consolidation with coupons, 1935. No. 242914. https://bit.ly/47jGfwr #ICF_FinancialHistoryFriday
From the Origins of Value Virtual Museum: American Sugar Company cumulative preferred shares, 1967. https://bit.ly/3Jg46nw #ICF_FinancialHistoryFriday
October 31, 2025 at 8:02 PM
From the Origins of Value Virtual Museum: American Sugar Company cumulative preferred shares, 1967. https://bit.ly/3Jg46nw #ICF_FinancialHistoryFriday
From the Origins of Value Virtual Museum: Sevilla Jerez Cadiz Railway Company Share Certificate, 1857. This share certificate was used to raise capital for building and operating a railway line between Seville, Jerez, and Cádiz. bit.ly/4mP9igt #ICF_FinancialHistoryFriday
September 12, 2025 at 7:20 PM
From the Origins of Value Virtual Museum: Sevilla Jerez Cadiz Railway Company Share Certificate, 1857. This share certificate was used to raise capital for building and operating a railway line between Seville, Jerez, and Cádiz. bit.ly/4mP9igt #ICF_FinancialHistoryFriday
Program announced for the 2025 Yale Real Estate Conference
@yalesom.bsky.social on October 24! Register today for early bird pricing. som.yale.edu/event/2025/1...
@yalesom.bsky.social on October 24! Register today for early bird pricing. som.yale.edu/event/2025/1...
September 5, 2025 at 7:27 PM
Program announced for the 2025 Yale Real Estate Conference
@yalesom.bsky.social on October 24! Register today for early bird pricing. som.yale.edu/event/2025/1...
@yalesom.bsky.social on October 24! Register today for early bird pricing. som.yale.edu/event/2025/1...
From the Origins of Value Virtual Museum: Japanese stock certificate from the 20th century, issued by a silk manufacturing company (Joso Seishi Co. Ltd.). bit.ly/45ICBtO #ICF_FinancialHistoryFriday
August 22, 2025 at 7:41 PM
From the Origins of Value Virtual Museum: Japanese stock certificate from the 20th century, issued by a silk manufacturing company (Joso Seishi Co. Ltd.). bit.ly/45ICBtO #ICF_FinancialHistoryFriday
From the Origins of Value Virtual Museum: Zhen-Yu Land Company share certificate. Documents like this were legally binding proof of investment and shareholding in a corporation. bit.ly/3UN2zXT #ICF_FinancialHistoryFriday
August 1, 2025 at 6:21 PM
From the Origins of Value Virtual Museum: Zhen-Yu Land Company share certificate. Documents like this were legally binding proof of investment and shareholding in a corporation. bit.ly/3UN2zXT #ICF_FinancialHistoryFriday
Professor Bryan Kelly kicks off the first SoFiE Financial Machine Learning Summer School at Yale. The ICF is honored to host this week-long program featuring lectures and new research from experts in the field. som.yale.edu/sofie-financ... @yalesom.bsky.social
July 28, 2025 at 1:48 PM
Professor Bryan Kelly kicks off the first SoFiE Financial Machine Learning Summer School at Yale. The ICF is honored to host this week-long program featuring lectures and new research from experts in the field. som.yale.edu/sofie-financ... @yalesom.bsky.social
From the Origins of Value Virtual Museum: Portugal Foreign Debt Certificate #1402. Certificate of claim issued in Amsterdam in 1892 by the Association for Securities Trading. bit.ly/4o4YZ8X #ICF_FinancialHistoryFriday
July 25, 2025 at 7:11 PM
From the Origins of Value Virtual Museum: Portugal Foreign Debt Certificate #1402. Certificate of claim issued in Amsterdam in 1892 by the Association for Securities Trading. bit.ly/4o4YZ8X #ICF_FinancialHistoryFriday
From the Origins of Value Virtual Museum: Credit du Moroc, Agricultural Land Credit of Morocco, 1920, Paris, no. 8497. bit.ly/4eVGbVP #ICF_FinancialHistoryFriday
July 18, 2025 at 8:07 PM
From the Origins of Value Virtual Museum: Credit du Moroc, Agricultural Land Credit of Morocco, 1920, Paris, no. 8497. bit.ly/4eVGbVP #ICF_FinancialHistoryFriday
From the Origins of Value Virtual Museum: One thousand dollar State of NY Comptrollers Office bond, 7% interest per year, 1842. bit.ly/3GDnGbT #ICF_FinancialHistoryFriday
July 11, 2025 at 8:20 PM
From the Origins of Value Virtual Museum: One thousand dollar State of NY Comptrollers Office bond, 7% interest per year, 1842. bit.ly/3GDnGbT #ICF_FinancialHistoryFriday
From the Origins of Value Virtual Museum: Collection of lottery advertisement broadsides [ca. 1800-1826] Fortune invites you to choose one, two, or all the three prizes of 50,000 pounds bit.ly/44arkSa #ICF_FinancialHistoryFriday
June 20, 2025 at 4:02 PM
From the Origins of Value Virtual Museum: Collection of lottery advertisement broadsides [ca. 1800-1826] Fortune invites you to choose one, two, or all the three prizes of 50,000 pounds bit.ly/44arkSa #ICF_FinancialHistoryFriday
From the Origins of Value Virtual Museum: 4% bond of Hungarian Mortgage Bank 1884. This bond is one part of 40,000,000 florins in total. The interest is payable on Jun 1 and Dec 1 every year, in Budapest. bit.ly/45hqhCi #ICF_FinancialHistoryFriday
June 13, 2025 at 6:53 PM
From the Origins of Value Virtual Museum: 4% bond of Hungarian Mortgage Bank 1884. This bond is one part of 40,000,000 florins in total. The interest is payable on Jun 1 and Dec 1 every year, in Budapest. bit.ly/45hqhCi #ICF_FinancialHistoryFriday
From the Origins of Value Virtual Museum: 1795 French bond. Merchants were forced to loan money to the French Republic to soak up access liquidity. Here, 350 Francs was repayable by attached coupons in ten installments of 35 Francs. bit.ly/4mt3NEj #ICF_FinancialHistoryFriday
May 23, 2025 at 8:29 PM
From the Origins of Value Virtual Museum: 1795 French bond. Merchants were forced to loan money to the French Republic to soak up access liquidity. Here, 350 Francs was repayable by attached coupons in ten installments of 35 Francs. bit.ly/4mt3NEj #ICF_FinancialHistoryFriday
From the Origins of Value Virtual Museum: Foundational Share of a Belgian Export Company. Share certificate of 1/10 foundational share of an export company of Belgium, Jules Van de Laat, 1881. bit.ly/4329gKU #ICF_FinancialHistoryFriday
May 16, 2025 at 8:19 PM
From the Origins of Value Virtual Museum: Foundational Share of a Belgian Export Company. Share certificate of 1/10 foundational share of an export company of Belgium, Jules Van de Laat, 1881. bit.ly/4329gKU #ICF_FinancialHistoryFriday
From the Origins of Value Museum: 1693 Italian Monte Loan. This Italian bank bond presents a very early document in the form of an interest bearing loan. Of great importance, this bond concerns financing by the Medici family of Florence. bit.ly/3RWhyNW #ICF_FinancialHistoryFriday
May 9, 2025 at 8:10 PM
From the Origins of Value Museum: 1693 Italian Monte Loan. This Italian bank bond presents a very early document in the form of an interest bearing loan. Of great importance, this bond concerns financing by the Medici family of Florence. bit.ly/3RWhyNW #ICF_FinancialHistoryFriday
From the Origins of Value Virtual Museum: List of subscribers in Boston United State Lottery 1778. List of second class lottery tickets sold by Robert Traill, agent for the Continental lottery. bit.ly/4iHlRYk #ICF_FinancialHistoryFriday
May 2, 2025 at 6:52 PM
From the Origins of Value Virtual Museum: List of subscribers in Boston United State Lottery 1778. List of second class lottery tickets sold by Robert Traill, agent for the Continental lottery. bit.ly/4iHlRYk #ICF_FinancialHistoryFriday
From the Origins of Value Virtual Museum: Twenty Shillings Bill no. 10343 from Hartford, CT. Printed by Timothy Green in July 1775 in New London, CT. From the DLJ Collection of American Finance. bit.ly/3YcUnTe #ICF_FinancialHistoryFriday
April 25, 2025 at 5:31 PM
From the Origins of Value Virtual Museum: Twenty Shillings Bill no. 10343 from Hartford, CT. Printed by Timothy Green in July 1775 in New London, CT. From the DLJ Collection of American Finance. bit.ly/3YcUnTe #ICF_FinancialHistoryFriday
Last chance to register for the Yale Impact Investing Conference @yalesom.bsky.social this Friday, April 25th! Join us for exciting discussions on climate change, social inequality, and the healthcare crisis.
Register today: som.yale.edu/event/2025/0...
#ImpactInvesting
Register today: som.yale.edu/event/2025/0...
#ImpactInvesting
April 23, 2025 at 8:07 PM
Last chance to register for the Yale Impact Investing Conference @yalesom.bsky.social this Friday, April 25th! Join us for exciting discussions on climate change, social inequality, and the healthcare crisis.
Register today: som.yale.edu/event/2025/0...
#ImpactInvesting
Register today: som.yale.edu/event/2025/0...
#ImpactInvesting
Join us for the Yale Impact Investing Conference on Friday, April 25th @yalesom.bsky.social. Register today! som.yale.edu/event/2025/0...
April 14, 2025 at 6:58 PM
Join us for the Yale Impact Investing Conference on Friday, April 25th @yalesom.bsky.social. Register today! som.yale.edu/event/2025/0...
From the Origins of Value Virtual Museum: Bond for Omnium Francais Du Film Company. Share for 100 francs. No. 022884, signed in Paris on May 10, 1928. bit.ly/3EiBRSu #ICF_FinancialHistoryFriday
April 11, 2025 at 8:59 PM
From the Origins of Value Virtual Museum: Bond for Omnium Francais Du Film Company. Share for 100 francs. No. 022884, signed in Paris on May 10, 1928. bit.ly/3EiBRSu #ICF_FinancialHistoryFriday
We're delighted to announce that @yalesom.bsky.social Professor Menaka Hampole is the recipient of an Upjohn Institute Early Career Research Award for her work exploring gender gaps in higher education.
Learn more: research.upjohn.org/grants/260/
Learn more: research.upjohn.org/grants/260/
What Explains the Twin Gender Gaps in Higher Education? The Role of Outside Options
Two gender gaps have appeared in higher education. First, women are more likely to enroll in college, a trend that is increasing (Goldin et al.; 2006). Second, among college graduates, women have wors...
research.upjohn.org
April 9, 2025 at 2:31 PM
We're delighted to announce that @yalesom.bsky.social Professor Menaka Hampole is the recipient of an Upjohn Institute Early Career Research Award for her work exploring gender gaps in higher education.
Learn more: research.upjohn.org/grants/260/
Learn more: research.upjohn.org/grants/260/