Sylvain Catherine
@sylvain-catherine.bsky.social
Finance professor at Wharton
🧵My coauthor James Paron is on the market!
His paper reconciles apparently contradictory trends since 1970:
📉declining economic growth
📈rising stock market valuations
His explanation: Innovation got harder➡️ R&D fell, M&A rose ➡️ top firms pushed the aggregate stock market up
His paper reconciles apparently contradictory trends since 1970:
📉declining economic growth
📈rising stock market valuations
His explanation: Innovation got harder➡️ R&D fell, M&A rose ➡️ top firms pushed the aggregate stock market up
December 2, 2024 at 1:40 PM
🧵My coauthor James Paron is on the market!
His paper reconciles apparently contradictory trends since 1970:
📉declining economic growth
📈rising stock market valuations
His explanation: Innovation got harder➡️ R&D fell, M&A rose ➡️ top firms pushed the aggregate stock market up
His paper reconciles apparently contradictory trends since 1970:
📉declining economic growth
📈rising stock market valuations
His explanation: Innovation got harder➡️ R&D fell, M&A rose ➡️ top firms pushed the aggregate stock market up
I am not migrating from Twitter to Bluesky. Rather, I will use this account to tweet more about academic economics and mostly in English. At the same time, I will keep my Twitter account to engage with the general public, French political debates, and general trolling.
November 30, 2024 at 9:46 PM
I am not migrating from Twitter to Bluesky. Rather, I will use this account to tweet more about academic economics and mostly in English. At the same time, I will keep my Twitter account to engage with the general public, French political debates, and general trolling.