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A hands-on guide to AI for research & writing.
The AFA invites papers predominantly generated by AI, where AI systems play a systematic role across the research process — not merely as modular, tool-like functions. Four papers will be selected for presentation at the 2027 Annual Meeting; submissions must document the full AI workflow.
“The ideal paper is not one with no human involvement, but with maximal quality per unit of human effort.”
If finance’s flagship association is soliciting AI-driven research, working fluently with these tools is now a core research skill — and that’s what this session is about.
Goal: leave able to run a real research task end-to-end with an AI partner.
1
What it is, why it matters, and how the loop works.
You describe what you want in plain language; the AI writes and runs the code. You steer by results, not syntax.
The bottleneck shifts from “can I code this?” to “is this the right thing, and is it correct?”
This is the skill the AFA session is really testing.
Chat for reasoning, writing, quick analysis, brainstorming.
Reads your files, runs code, edits whole projects, automates.
AI inside your editor for line-by-line, in-context help.
Similar capabilities — the same principles transfer.
This course uses Claude, but the workflow is tool-agnostic.
It’s the same Claude Code underneath — the desktop app just wraps it in a friendlier window.
Pick the window you like — the brains are identical.
Tight loops beat long prompts. Small steps, check often.
Context + goal + constraints + format. Vague in → vague out.
A skill turns a repeatable task into a one-word command — write the instructions once, reuse them forever.
Rule of thumb: if you’ve typed it twice, make it a skill.
Some you get for free; some you build.
Structured review of your changes before you commit.
A systematic hunt for why something breaks.
Turn results into a report, Word doc, slide deck, or spreadsheet.
A skill that helps you build your own skills.
Your own writing helper — we build this in Hour 2.
Type / in Claude to see every skill available to you.
Start with the built-ins; roll your own when you spot a pattern.
AI is confident even when it’s wrong. For research, verification is your job — and it’s non-negotiable.
Treat the AI as a fast, brilliant, slightly unreliable RA.
Live demo — from a raw file to a result, by conversation.
Follow along — bring a dataset you know well.
Next hour: plug this into the real research pipeline.
2
From one-off tasks to an automated, reproducible pipeline.
Scrape, pull APIs, assemble raw sources.
Merge, reshape, match, validate, document.
Regressions, robustness, replication.
Publication figures and LaTeX tables.
Draft, edit, referee responses, LaTeX.
AI touches every stage — but you own the design and the checks.
Speed is the easy part — verifying the table is the real work.
The tedious 80% — done in minutes, fully documented.
Ideal for replication packages and referee robustness asks.
“Make it look like the figures on my website.” — and it can.
Your voice and your claims; its speed and its syntax.
Move from chatting to agents that do multi-step work on your files.
Automate the boring 80%; spend your time on the 20% that’s economics.
You don’t need to learn version control to work safely. This is “manual git” — and it’s enough to start.
Date your copies — paper-2026-06-02 — so you can keep a few. Five minutes, total peace of mind.
When you’re ready, real git just automates exactly this.
By default, Claude Code asks before it edits a file or runs a command. Safe — but click-heavy once you trust it.
⚠ Only skip permissions on a throwaway copy or sandbox — never with sensitive data or untrusted content.
Made a copy? Let it run free, then review the result — not every step.
Everything shares one window — the system prompt, your CLAUDE.md, every file read, every tool output, and the whole chat so far.
Inspect with /context · summarize with /compact · reset with /clear.
A lean, focused context isn’t just cheaper — it gives better answers.
Long conversations cost more, slow down, and drift. A few habits keep you fast and lean.
One task per conversation. /clear early, /clear often.
Each agent runs in its own fresh context — so split a big job across several instead of cramming it into one.
Divide the work, divide the context — one focused agent per job.
A “skill” turns a prompt you reuse into a one-word command. Type /econ-write and it runs your saved instructions.
Rough notes → journal-style prose, in your voice.
Summarize & compare a set of papers.
Results → clean LaTeX booktabs table.
Propose & run standard robustness checks.
Draft a point-by-point response letter.
Standardize a messy panel dataset.
Make one: a SKILL.md in ~/.claude/skills/econ-write/ — a short description plus your instructions. You add yours; I can scaffold more.
Your best prompts, saved once and shared with your students.
This is exactly what the AFA session asks you to capture.
Reproducibility isn’t bureaucracy — it’s the new credibility.
Speed without verification is just faster mistakes.
Disclosure builds trust; concealment destroys it.
Goal: one reproducible artifact you actually keep.
Obsidian stores everything as plain Markdown (.md) in a local folder — exactly what Claude reads and writes best.
A folder of PDFs isn’t a system — linked Markdown is.
Free for personal use · obsidian.md · your vault stays on your machine.
Capture once; let Claude connect, retrieve, and grow it.
Outputs, citations, numbers. The model is confident even when it’s wrong.
Code, data, drafts — even the copy-folder trick counts.
Disclose AI use. You own every result and every citation.
Verify · Version · Attribute — the whole course in three words.
Start with one real task this week. That’s the whole secret.