- Key Initiatives
- Faculty & Research
- News and Finance Conferences
- Big Data for Better Business Seminar Series
- FinTech Innovation Salon
- ESG and Finance Seminar Series
- No Free Lunch Seminar Series
- Transparency Conference: At What Speed and Cost?
- Systemic Risk Conferences
- Networking Receptions
- Financial Career Events
- 2011-2014 Annual Program for Financial Studies Conferences
Program for Financial Studies News and Finance Initiative
The News and Finance Initiative of the Program for Financial Studies gratefully acknowledges past Industry Sponsors:
*The Program for Financial Studies gratefully acknowledges Thomson Reuters for generously providing access to data sets that have enabled the research upon which the News and Finance initiative has been built.
Directors: Harry Mamaysky, Professor of Professional Practice (Finance); Paul Glasserman, Jack R. Anderson Professor of Business; Paul Tetlock, A. Barton Hepburn Professor of Economics in the Faculty of Business
The News and Finance initiative of the Program for Financial Studies addresses one of the key questions in financial economics: how information is transmitted from news into prices. Led by Columbia Business School Professors Harry Mamaysky, Paul Glasserman and Paul Tetlock, the initiative seeks to combine natural language processing techniques with more traditional economic analysis to gain insight into how markets respond to news and other textual data. The initiative seeks to conduct innovative research in the area of news and financial markets, and to disseminate its research to practitioners and academics. Furthermore, the initiative sponsors annual conferences, and attempts to foster interaction amongst its industry and Columbia affiliates. Examples of questions of interest to the initiative include the following:
- How can the computer analysis of news, social media, public filings, and other documents be leveraged to develop investment strategies and monitor risk?
- What insights about investor behavior can be gleaned from the analysis of market responses to news?
- What new types of tools for text analysis are needed for applications in finance?
The initiative remained highly active on the research front:
- “Does Unusual News Forecast Market Stress?”
- “How News and its Context Drive Risks and Returns Around the World”:
- “Investor Information Choice with Macro and Micro Information”
- “Dynamic Information Regimes in Financial Markets”
- “Global Monetary Policy Shocks and Exchange Rate Returns”
- “Do Stock Prices Underreact to News?”
Annual News and Finance Conferences
5th Annual News and Finance Conference - April 9, 2021