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Claes Bäckman

@claesbackman.bsky.social
2.1K followers 1.1K following 94 posts

Economist working on interest-only mortgages, housing, homeownership, social networks, and stock market participation. The goal is to combine all topics into one paper, but so far they are separate. claesbackman.com

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Claes Bäckman @claesbackman.bsky.social · 12/03/2026
📢 Call for Papers: Housing Market Frictions and Access to Homeownership 1st Annual Workshop in Real Estate Finance 24–25 August 2026 · Frankfurt am Main Keynote speakers: • Timothy McQuade (UC Berkeley, NBER) • Andreas Fuster (Swiss Finance Institute at EPFL, CEPR)
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Cem Mert Dallı @cemmd.bsky.social · 07/03/2026
I started building this for myself to get better AI feedback on political science research. After seeing @claesbackman.bsky.social’s econ-focused repo, I pushed it further into PoliSci Review: a journal-aware, LaTeX-first skill for political science drafts.
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Claes Bäckman @claesbackman.bsky.social · 22/01/2026
It used to be difficult to get feedback on your research. The classic way was to ask someone to read it, hoping they would give you a few notes. That is changing. In the post below, I outline some ways I use Cursor and Claude Code to get feedback on my own work directly
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Claes Bäckman @claesbackman.bsky.social · 10/12/2025
I'm continuing my Substack blogging career by sharing some tips for doing research. Most important point: try to be hard on writing and ideas, not on yourself.
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Claes Bäckman @claesbackman.bsky.social · 18/11/2025
Longer maturities for mortgages are back in the news. I wrote a Substack post about the benefits of longer maturities, potential concerns of households making mistakes, and what longer maturity mortgages might do for young households and first-time buyers (not much?)
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Claes Bäckman @claesbackman.bsky.social · 12/11/2025
🎉 Excited to share that our paper "Personal Financial Advice and Portfolio Quality" has been conditionally accepted at the Review of Finance! Many thanks to my co-authors, Olga Balakina, Tobin Hanspal, Andreas Hackethal and Dr. Dominique Lammer!
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Leibniz Institute for Financial Research SAFE @safefrankfurt.bsky.social · 03/11/2025
📝New SAFE Working Paper No. 459 "Macroprudential Policies and Homeownership" by @claesbackman.bsky.social 👉Find it via papers.ssrn.com/sol3/papers.... #EconSky #Homeownership #YoHo
Cover of SAFE Working Paper No. 459 "Macroprudential Policies and Homeownership" by Claes Bäckman from October 2025
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SSRN @ssrn.bsky.social · 13/06/2025
This paper shows that homophily in #socialnetwork affects stock market participation. Denser, homogenous networks boost participation, especially among wealthier individuals, while social influence is more significant for lower-income groups. Read: papers.ssrn.com/sol3/papers....
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Claes Bäckman @claesbackman.bsky.social · 04/06/2025
Beyond excited to say that our paper on amortization payments and borrowing has just been accepted at the Review of Financial Studies! Very grateful to my co-authors, Peter van Santen and Patrick Moran, and to the editor and referees who helped to significantly improve the paper.
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Claes Bäckman @claesbackman.bsky.social · 24/04/2025
Great thread here
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Maximilian Kasy @maxkasy.bsky.social · 27/12/2024
I have moved my open textbook on inequality research to a new address: maxkasy.github.io/inequalityresearch (The textbook has not been updated recently, but hopefully is still useful.)
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Claes Bäckman @claesbackman.bsky.social · 18/12/2024
This is a really cool (and concerning) paper. Makes me if the equilibrium outcome going to be more gatekeeping and name-checking at journals?
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Claes Bäckman @claesbackman.bsky.social · 12/12/2024
Very happy to see our paper on interest-only mortgages and house prices in the Journal of Urban Economics! From 2003 to 2006, Danish house prices increased by 60 percent, in a robust regulatory design that limits housing speculation. This was a larger increase than in the US, Spain, or Ireland!
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Emily✨ @emilyoram.bsky.social · 03/12/2024
The greatest poet of our, or any, generation
The Tiger by Nael, age 6
From They're Singing a Song in Their Rocket

The tiger
He destroyed his cage
Yes
YES
The tiger is out
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Paul Goldsmith-Pinkham @paulgp.com · 04/12/2024
Just a reminder that @gmcd.bsky.social and @kylefbutts.bsky.social have made an incredible public good describing how to use data.table and fixest to encourage moving from Stata to R! stata2r.github.io
stata2r.github.io
Translating Stata to R
Learning R coming from Stata
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Felix Rusche @felixrusche.bsky.social · 03/12/2024
Gender norms are extremely persistent and constrain women's life opportunities, especially so in poor countries. In my Job Market Paper, I show that grassroots media are an effective policy instrument to address gender norms at scale. #EconJMP #EconSky
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Claes Bäckman @claesbackman.bsky.social · 22/11/2024
Today, we have an article in Handelsblatt about our paper on financial advice to family and friends. Giving financial advice to family and friends is risky, and we argue that this leads to generally good advice! www.handelsblatt.com/finanzen/mae...
handelsblatt.com
Handelsblatt
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StataTex Blog @statatexblog.com · 20/11/2024
#LaTeXTip for #beamer: when you want to repeat the exact same slide later during your presentation, label the first slide and use \againframe{originalslide}
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Claes Bäckman @claesbackman.bsky.social · 18/11/2024
I held a class on doing research that I thought I would share. The slides contain writing tips, using ChatGPT, advice for non-native speakers, editing, and my biggest advice: Be hard on the writing, not on yourself. Self-worth is not at stake. claesbackman.github.io/Papers/Claes...
claesbackman.github.io
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Claes Bäckman @claesbackman.bsky.social · 18/11/2024
Bluesky academics, lets get to know each other! Quote this & tell me: 1) a project you are working on & 2) an odd idea/theory you aren’t working on but keep thinking about 1) why does the return to housing differ by wealth? 2) why is the stock market participation rate not increasing over time?
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Claes Bäckman @claesbackman.bsky.social · 16/11/2024
Nice way to use AI when making slides: drag a picture of a formula from a paper and ask Claude to give you the latex code: On a mac: use cmd+shift+4 to take a picture. In Windows, use Windows logo key + Shift + S.
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Claes Bäckman @claesbackman.bsky.social · 14/11/2024
Come for the cool paper with insane data, and stay for the workshop that will teach you how to use SQL to handle billions of observations. I miss you in academia, @alemartinello.bsky.social
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Khoa @khoavuumn.bsky.social · 13/11/2024
Me whenever I decide on new projects instead of focusing on finishing my current ones:
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Claes Bäckman @claesbackman.bsky.social · 12/11/2024
Now that everyone is here, does anyone have a book recommendation? Sci-fi, fantasy (recently entitled Broken Earth trilogy) or something history related (I *loved* The Alchemy of Air)?
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Claes Bäckman @claesbackman.bsky.social · 12/11/2024
This is the kind of content I’m here for. For finance, I would add Rational Reminder, especially the episode with John Campbell.
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Max Nathan @maxnathan.bsky.social · 08/11/2024
Posting this urban econ / economic geography start pack back up here. Thanks to @tarduno.bsky.social for reminding me! go.bsky.app/DpxtxXn
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Claes Bäckman @claesbackman.bsky.social · 05/11/2024
Here is a very helpful summary by Alex Edman on why papers get rejected at top journals, with examples from editor letters. I especially liked the point that mechanisms are useful if the channels affect the interpretation of the results but not if all mechanisms point in the same direction.
papers.ssrn.com
Learnings From 1,000 Rejections
The Review of Finance aimed to significantly increase its standards over my 6 years as Managing Editor and 1 year as Editor. To comply with these new standards,
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Paul Goldsmith-Pinkham @paulgp.com · 31/10/2024
Ok guys here's the point. Diff in Diff is a model based assumption that identifies the ATT (unless you're using random timing of rollouts, but almost noone is). It is model-based because you make assumptions to identify the OUTCOME MODEL in the *absence* of the treatment. 1/
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Julia M. Rohrer @dingdingpeng.the100.ci · 01/11/2024
Does money buy happiness? Some may recall findings from an adversarial collaboration that concluded that happiness keeps increasing with log(income) even at high incomes, but not among the unhappiest. I found that "resolution" extremely confusing at the time.> www.pnas.org/doi/10.1073/...
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Claes Bäckman @claesbackman.bsky.social · 08/10/2024
Tomorrow Patrick Moran will talk about our paper at the AREUEA Virtual Seminar. The paper is joint with Peter Van Santen, and studies how debt repayment schedules shape household borrowing, based on a policy reform ending IO mortgages for LTV ratios > 50%. Link: us06web.zoom.us/webinar/regi...
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Lisa Kramer @lisakramer.com · 25/09/2024
I made a starter pack of academics doing finance research, including finance professors, financial economists, and other economists interested in finance go.bsky.app/944zQWd
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Claes Bäckman @claesbackman.bsky.social · 19/11/2023
On my way to Bergen and NHH! Looking forward to being back in Norway and Bergen again!
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Claes Bäckman @claesbackman.bsky.social · 16/11/2023
What etiquette rules do you have for seminars? Mine are: 1) don’t ask questions if there are only five minutes left. Let the speaker finish! 2) The big discussions of a paper are for after the seminar. The long/tough discussions can wait, especially for junior presenters.
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Claes Bäckman @claesbackman.bsky.social · 10/11/2023
Hello #EconSky! It's time to start posting here too! I'll start by mentioning that I have a website with resources for PhD students on how to do research: sites.google.com/view/claesba.... At the end of my career, I'm sure this will be my claim-to-fame (which is fine for me!).
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