Adrien Matray @AdrienMatray Twitter profile

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Adrien Matray

@AdrienMatray

2 years

Finally out in the AER 🥳🥳!! ⬆️ dividend taxes leads to ⬆️ investment and reduces capital misallocation as firms ⬇️ dividends and reinvest 30% of the unpaid dividends, particularly when they have high ex-ante marginal revenue returns to capital and investment opportunities. A🧵

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Adrien Matray

@AdrienMatray

2 years

Hi #EconTwitter ! This year again, I will provide an open, online PhD course on empirical corporate finance. Syllabus here: . Since I am teaching in person with my Princeton PhDs (youhou!!), it means that I am providing this online course on my "free" time

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Adrien Matray

@AdrienMatray

2 years

Today, I lost a friend, a mentor, and a role model in academia and life in general and the world is a bit colder and less welcoming now that Denis Gromb left us. Denis was a model of generosity, care and attention to others and in particular PhDs ad APs. Even though he was at

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Adrien Matray

@AdrienMatray

3 years

today I gave an R&R (1st round) asking only ONE additional test. #making -academia-great-again 😉

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Adrien Matray

@AdrienMatray

2 years

Delighted to announce that our paper with the incredible @BauNatalie on how foreign capital reduces misallocation in India is officially forthcoming at ECMA 🥳🥳. A quick 🧵

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Adrien Matray

@AdrienMatray

3 years

Today, I received the editor’s decision for a JMP submitted to a top journal I reviewed: I recommended a R&R and ... the final decision is R&R!! Feels so happy for this kid ♥️

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Adrien Matray

@AdrienMatray

2 years

hi #EconTwitter ! Preparing my PhD class, I want to have a quick lecture on "the publication process." What are the things you wished you had known early in your career about that?

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Adrien Matray

@AdrienMatray

3 years

After two weeks of preparation and 150 slides later, the next lecture for the PhD class on misallocation is online!

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Adrien Matray

@AdrienMatray

3 years

( #EconTwitter ): looking for a full-time research assistant for the year 2022-2023 (and potentially up to 2024) to work with me on a wide range of topics related to applied questions (devo, education, corruption, innovation, trade). More here:

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Adrien Matray

@AdrienMatray

11 months

1/4 My paper "Dividend Taxes and Capital Allocation" will be retracted for 2 reasons: a coding error in the rendering of Figure 4, and a procedural error during the publication process. Both errors were unintentional and made in good faith

AEA Journals

@AEAjournals

11 months

Forthcoming in the AER: “Dividend Taxes and the Allocation of Capital: Comment” by Bach, Bozio, Guillouzouic, and Malgouyres () and "Retraction of ‘Dividend Taxes and the Allocation of Capital’" by Matray and Boissel ().

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Adrien Matray

@AdrienMatray

3 years

Hi #econtwitter : what good "general audience" books in econ / socio / political sciences would you recommend to good undergrads / PhD students that touches on economic phenomena? Some of personal favorites below (in no particular order)

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Adrien Matray

@AdrienMatray

3 years

Going to the office ❤️

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Adrien Matray

@AdrienMatray

3 years

Back in France! And meeting some Econ celebrity! ♥️♥️

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Adrien Matray

@AdrienMatray

2 years

for Christmas, santa brought me a desk rejection and covid... Where do I apply to be removed from the "naughty list" for next year? 😅

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Adrien Matray

@AdrienMatray

3 years

Student: « this literature is overcrowded » Advisor: « watch me » ( @KhoaVuUmn )

Maarten van Smeden

@MaartenvSmeden

3 years

Could you explain overfitting one more time please

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Adrien Matray

@AdrienMatray

3 years

#EconTwitter : a few 1st year grad students recently asked me what they should do during the summer to "prepare for next year". Here is my two cents. A 🧵

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Adrien Matray

@AdrienMatray

3 years

📢📢: (1/2) Starting next Friday I will teach new topics in applied corporate finance for PhD. Two lectures on the classic finance and growth and finance and investment, but then we will do finance and trade, innovation, and misallocation! Class is open to anyone.

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Adrien Matray

@AdrienMatray

2 years

#EconTwitter : what are the things you wish you had known earlier in grad school to navigate this (complicated) moment? I am teaching PhD in two weeks and my first lecture will be just about how to deal with / behave in grad schools, stay mentally healthy, etc.

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Adrien Matray

@AdrienMatray

2 years

Going to the office never gets old ❤️

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Adrien Matray

@AdrienMatray

3 years

So far my collaboration with the fantastic @BauNatalie has brought me: one R&R at ECMA (just came in!!) and one NSF to work on follow-up. I feel blessed to have such a co-author 🤗

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Adrien Matray

@AdrienMatray

4 years

My first paper in the NBER working paper series! And all that thanks to one of the most fantastic co-authors I have had the chance to work with: @BauNatalie . Quick summary. /n

Princeton Economics

@PrincetonEcon

4 years

Today in @nberpubs , @AdrienMatray and @BauNatalie provide new evidence that foreign capital benefits not only firms and workers, but consumers and industries as a whole. Read more:

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Adrien Matray

@AdrienMatray

5 months

New paper! Do export credit agencies matter for firm dynamics? Do they amplify/reduce misallocation? Short answer: in the US, EXIM (Export-Import bank of the US) fosters growth, employment and capital accumulation, & likely reduces capital misallocation.

EXIM’s Exit: The Real Effects of Trade Financing by Export Credit Agencies

www.nber.org

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Adrien Matray

@AdrienMatray

3 years

Getting ready for tomorrow. So excited!! And also feel I have been a bit overwhelmed with almost 70 students who signed up. Poor kids they might be disappointed ... 😅

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Adrien Matray

@AdrienMatray

2 years

when I realized the astounding number of people on whom he had a positive impact. Denis was an exceptional man, a source of light, hope and positivity in a world that more than ever needs it, and that is today a bit darker with his absence ...

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Adrien Matray

@AdrienMatray

3 years

Thanks to my wonderful co-author @BauNatalie , 2020 gave me a good news today: we got a NSF to study how foreign capital affects structural change and social stability in India!!

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Adrien Matray

@AdrienMatray

3 years

Hi #EconTwitter : Preparing my PhD lecture on misallocation and financial frictions. Any cool papers you have read on the topic recently? (self promotion welcome!)

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Adrien Matray

@AdrienMatray

3 years

( #EconTwitter ) New "paper of the week!": "The Human Side of Structural Transformation" (NBER wp) by @PorzioTommaso @federi_ro and Santangelo. Reopens the classic "chicken and egg" problem of structural transformation: does structural transformation happens because of push-factor

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Adrien Matray

@AdrienMatray

3 years

I guess this central banker has no problem of credibility when he makes an announcement

James Felton

@JimMFelton

3 years

Wonder what swung the interview

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Adrien Matray

@AdrienMatray

3 years

deeply honored that the paper is lead article on this month JFE. 😳Thank you so much @toniwhited !!

Journal of Financial Economics

@J_Fin_Economics

3 years

August 2021 Editor's Choice! The local innovation spillovers of listed firms by @AdrienMatray

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Adrien Matray

@AdrienMatray

3 years

PhD course officially finished! I opened it up to everyone who was interested (thanks Zoom!) and I got really stunned by the participation: between 40 to 60 people each lecture. I am genuinely sad this is over (and was pretty emotional when I said bye) and incredibly humble

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Adrien Matray

@AdrienMatray

1 year

A big congrats to the incredible @JuliaAFonseca for publishing her *3rd PhD paper* in the JF (solo author!) The first well estimated elasticity of *substitution* between ``mainstream credit'' and ``predatory credit'' of 0.64

Less Mainstream Credit, More Payday Borrowing? Evidence from Debt Collection Restrictions

The Journal of Finance is the official publication of The American Finance Association and publishes leading research across all the major fields of financial research.

onlinelibrary.wiley.com

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Adrien Matray

@AdrienMatray

2 years

So happy to have cleared this milestone! 1/4 comes from papers with @johanhombert who joined HEC when I started my PhD and 1/3 from my collaboration with my PhD classmate Olivier Dessaint. PhD students, grad schools can be a defining moment for many reasons!

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Adrien Matray

@AdrienMatray

3 years

what a painful graph ...

François Geerolf

@FrancoisGeerolf

3 years

🤔

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Adrien Matray

@AdrienMatray

3 years

So happy to see this paper published! I quantify the magnitude of innovation spillovers. When a firm (exogenously) produce one new patent, that triggers .2 additional patent in the same area. These spillovers are very local (they basically disappear within a 50 miles radius)

Journal of Financial Economics

@J_Fin_Economics

3 years

Forthcoming: The local innovation spillovers of listed firms, @AdrienMatray , @PrincetonBCF

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Adrien Matray

@AdrienMatray

2 years

a grad student, and some professors help me academically and paid for my beers. Tomorrow you will be a faculty and you will be the one re-reading students intro and buying them cafés. We are all in this together and this is how you can repay me"

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Adrien Matray

@AdrienMatray

3 years

hey @Airbnb I left a (polite, detailed) review for the host that said he spied on us and threatened eviction without any grounds, and you removed it without explanation nor chance to update the review. how can anyone trust reviews if you do this? @AirbnbSupport

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Adrien Matray

@AdrienMatray

3 years

The "paper of week": Trade-Induced Urbanization and the Making of Modern Agriculture (accepted RESTUD) by Tian, Xia, and Yang (apparently none of them on twitter!). What happens when cities boom due to trade for connected rural villages? Out-migrations leads to:

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Adrien Matray

@AdrienMatray

2 years

Sounds very close to a macro seminar 😂

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Adrien Matray

@AdrienMatray

3 years

This old friend is finally out @J_Fin_Economics ! So happy: . A thread

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Adrien Matray

@AdrienMatray

2 years

View our Parisian office for the summer ❤️

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Adrien Matray

@AdrienMatray

2 years

« I picked academia because I love the flexibility to decide when I work »...

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Adrien Matray

@AdrienMatray

2 years

How promoting financial inclusion for underbanked cities affect local economic development? A vox column summarizing my paper with the incredible @JuliaAFonseca : A 🧵

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Adrien Matray

@AdrienMatray

6 months

big congrats to @KarstenMueIIer and @EmilVerner for this incredible paper and the fantastic public good they provide to the profession by putting this exciting new dataset online!

The Review of Economic Studies

@RevEconStudies

6 months

``The sectoral allocation of credit matters for whether credit booms result in growth slowdowns and financial crises.'' From @KarstenMueIIer and @EmilVerner :

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Adrien Matray

@AdrienMatray

2 years

Summary of research with the always amazing @JuliaAFonseca . In 2004, Brazil implemented a very ambitious financial inclusion policies to bank cities in banking deserts. This foster economic development (more firms, employment and mean wage), but also increased inequalities a🧵

VoxDev

@vox_dev

2 years

Impact of access to banks on development: Evidence from Brazil ➡️ Adrien Matray @AdrienMatray @PrincetonEcon , Julia Fonseca @JuliaAFonseca @giesbusiness

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Adrien Matray

@AdrienMatray

3 years

(1/N) Program for PhD class tomorrow: real effect of financial markets in investment, do financial frictions really matter for investment and how financial frictions affect customer base acquisition and labor demand

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Adrien Matray

@AdrienMatray

2 years

Higher dividend taxes can improve the allocation of capital but reducing financing frictions

NBER

@nberpubs

2 years

After the 2013 increase in the dividend tax rate in France, firms cut dividend payments and used this increase in liquidity to invest more, especially firms with high demand and returns on capital, from Charles Boissel and @AdrienMatray

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Adrien Matray

@AdrienMatray

3 years

me preparing my PhD lecture for Friday: "hey I have 150 slides for 3h! I need to cut a bit!". Me 2 days later after reading a few more papers: "hey the lecture is now 200 slides!" ... Poor students ...

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Adrien Matray

@AdrienMatray

2 years

Does financing frictions matter for terrorism attacks? A super interesting and incredibly creative paper by @NicolaLimodio , one of the most exciting finance/Devo researcher of his generation

Econometrica

@ecmaEditors

2 years

This paper by @NicolaLimodio studies the financial frictions of terrorists in Pakistan. Local shocks to the financing of terrorist groups are found to increase the local supply of attacks and present a complementarity with terrorist recruitment

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Adrien Matray

@AdrienMatray

11 months

Hi #EconTwitter ! I am looking for papers studying how firm legal forms affect entrepreneurship and firm growth / performance. Any recommendation? Self promotion very welcome!

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Adrien Matray

@AdrienMatray

11 months

I have been teaching this paper since 2020 when I first bumped into it. It is truly beautiful and raises so many interesting questions for our understanding of firm dynamics and how firms can endogenously acquire demand. I like to have it in discussion with @pbeaum and @LenoirCle

The Review of Economic Studies

@RevEconStudies

11 months

Recently published in REStud, ``How Exporters Grow'', from Fitzgerald, Haller and Yedid-Levi:

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Adrien Matray

@AdrienMatray

2 years

What did entrepreneurs do with this extra available cash? They reinvest around a third of it. So higher dividend taxes = MORE investment

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Adrien Matray

@AdrienMatray

2 years

Congrats @S_Stantcheva !! Such a beautiful paper

Econometrica

@ecmaEditors

2 years

How should we design corporate taxes and R&D policies to foster innovation? New paper by @ufukakcigit @iamlemec & @S_Stantcheva studies design of innovation policies when the government lacks information on firms' productivity & innovation has spillovers

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Adrien Matray

@AdrienMatray

3 years

Economists are often seen particularly harsh in their judgement vis a vis others' work (one of my friends at Science who handled econ papers told me after seeing econ referees that we are "sociopaths" :D). Being economist AND French I definitely can have this tendency #selfAware

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Adrien Matray

@AdrienMatray

3 years

In the spirit of trying to improve this and to create some public commitment, I will try to post every week a paper that I recently read that I loved (so not mine :D) and explain why. Would love others to react by suggesting other papers in similar topic in their replies

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Adrien Matray

@AdrienMatray

2 years

Very unbiased: my amazing co-author @BauNatalie will present our paper on FDI and capital misallocation in India. Come in 😊

Econometrica

@ecmaEditors

2 years

Join us for our Econometrica session on Question-Driven Approaches in Applied Microeconomics at ASSA Meetings. Friday, Jan 7, 10am-12pm EST. Gharad Bryan, Natalie Bau, Nikhil Agarwal and Chris Neilson will give examples of recent work

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Adrien Matray

@AdrienMatray

2 months

I am organizing a #SITE session on "Trade and Finance" @StanfordEcon July 25-26 with @JulianeBegenau @chenzix and Linda Goldberg. The submission link is here: Deadline is April 15. All papers in intl/finance/banking welcome. Please retweet!

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Adrien Matray

@AdrienMatray

3 years

The Globalization Paradox ( @rodrikdani ) House of Debt ( @atif ) The Elusive Quest of Economic Growth ( @bill_easterly ) One economics many recipies ( @rodrikdani ) Saving Capitalism from the Capitalists (Rajan @zingales ) Fault Lines (Rajan)

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Adrien Matray

@AdrienMatray

2 years

He was incredible, and the first person I would always think about when wondering why departments dont put more weight on "public good providers" in hiring. Denis was not just an exceptional academic, he would make everybody around him better and happier.

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Adrien Matray

@AdrienMatray

3 years

Very excited to present my paper with the incredible @BauNatalie on foreign capital and misallocation in India at 11am EST at NBER IFM big 🙏🙏to the organizers @galinahale_ucsc and @m_maggiori

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Adrien Matray

@AdrienMatray

2 years

PhD during job market, 1st year AP, 4th AP, AP just before tenure decision

James Boodt

@JDBoodt

2 years

Creative Director | Business Director Strategy Director | Account Executive

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Adrien Matray

@AdrienMatray

1 year

What a amazing initiative! One frustration I have with the multiplication of summer schools for grad students is that most of them are not open to APs. I would *love* to listen to Costinot, @LucaFornaro3 @skalemliozcan , Rappoport and Eaton!!

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Adrien Matray

@AdrienMatray

3 years

@NicolaLimodio in addition to being of one of the nicest person I know and one of the most creative researcher in finance, is also too modest to self promote his publication. Let me do it! Fantastic AER Insight on antitrust and firms profits

Antitrust Policies and Profitability in Nontradable Sectors

(June 2021) - Firms in tradable sectors are more likely to be subject to external competition to limit market power, while nontradable firms are more dependent on domestic policies and institutions....

www.aeaweb.org

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Adrien Matray

@AdrienMatray

2 years

Hi #EconTwitter , big favor to ask. For some grant proposals I need to list institutions where my papers are on syllabi. If you have seen any of them (as a student) or are mentioning them in your lectures, can you send me a DM / mail? Million thanks in advance 🙏🙏🙏

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Adrien Matray

@AdrienMatray

3 years

#EconTwitter , new paper of the week: ``Geography and Agricultural Productivity: Cross-Country Evidence from Micro Plot-Level Data'' by the always amazing Adamopoulos and @DiegoRestuccia in RESTUD. Key question: agricultural productivity is 3x larger in developed countries. Why?

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Adrien Matray

@AdrienMatray

2 years

😂 to be fair the pre-trends are probably widely different on many outcomes

Lukas Mergele

@LukasMergele

2 years

Real footage of a Phd student trying to match on observables. #doitlike @KhoaVuUmn

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Adrien Matray

@AdrienMatray

2 years

A big big congrats @malcolmwardlaw !! And such an important paper! Bottom line: we should just stop using log(x+1). I wonder how much we should revise our estimation of the effect of finance on innovation because of this🤔.

Journal of Financial Economics

@J_Fin_Economics

2 years

Jonathan B. Cohn, @UTexasMcCombs Zack Liu @UHouston @malcolmwardlaw , @GeorgiaMBA

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Adrien Matray

@AdrienMatray

2 years

I remember after one of our sessions in his favorite café i Paris (because somehow, Denis seemed to mostly work in cafés), I tried to pay, but of course he reacted faster than me and told me: "it's ok, this is intergenerational solidarity. Now I am a professor but before I was

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Adrien Matray

@AdrienMatray

3 years

when my amazing co-author @BauNatalie is not busy working on our ECMA revision, she publishes solo-author paper in the AER... The vox summary is here:

How pension plans changed kinship traditions

Families’ attitudes towards educational investment and lifetime saving are underpinned by longstanding cultural attitudes that must be considered in policy design. This column shows that in Indonesia...

cepr.org

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Adrien Matray

@AdrienMatray

3 years

For those of you who are interested: the syllabus and slie are on my website: While next year, in person teaching is likely to be back at Princeton, I will most certainly still have an online / zoom version to allow interested "outsiders" to join!

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Adrien Matray

@AdrienMatray

2 years

In 2013, France increased dividend taxes by a factor of 3 (from 15.5 to 46.6) for certain type of firms ➡️ we can do a classic DiD to study the reform.

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Adrien Matray

@AdrienMatray

2 years

I never forgot these words and everytime I end up developing the "red ink syndrome" with JMP of candidates even not in my institution, I feel that Denis is still a bit around us

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Adrien Matray

@AdrienMatray

2 years

Insead and I was at HEC, he re-read countless time (20? 30?) the intro of my JMP and would send it back with a ton of red ink after each iteration, joking that he had "the syndrome of red ink" (i.e., no matter how good the intro is, it comes back with the same amount of ink)

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Adrien Matray

@AdrienMatray

3 years

#EconTwitter : recently read a wonderful paper on agriculture misallocation and land reform "Property Rights, Land Misallocation, and Agricultural Efficiency in China" (RES 2020) by Chari @ElaineLiuEcon , Wang and Wang. Two very cool results:

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Adrien Matray

@AdrienMatray

11 months

3/4 This note explains the 2 reasons for retraction, the process at the AER, and the scientific evidence showing that the revisited results are almost quantitatively identical to the original

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Adrien Matray

@AdrienMatray

2 years

1. Taxed firms reduce their dividends, with an elasticity of around .5 (roughly equivalent to the elasticity estimated for the Bush tax CUT)

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Adrien Matray

@AdrienMatray

2 years

@silviavannutell Really cool idea!! We so vastly over-estimate how quickly we can produce a paper! The one that stick with me from my advisor: “it takes almost as much time to write a bad paper as a good one, so choose wisely”

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Adrien Matray

@AdrienMatray

2 years

Of course, this extra investment could be bad if entrepreneurs invest in unproductive projects. But actually only entrepreneurs with high investment opportunities and high ex-ante marginal revenue return to capital invested more ➡️ misallocation *decreased*

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Adrien Matray

@AdrienMatray

3 years

Link for the final PhD class sent! On the program: finishing the misallocation lecture (available here: ). In particular: what can be misallocated? (hint: pretty much everything: employees, talents, across places, across firms, ... even capital structure!)

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Adrien Matray

@AdrienMatray

2 years

How I feel when I present my applied misallocation paper with @BauNatalie to a macro audience

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Adrien Matray

@AdrienMatray

2 years

😂 best summary of most macro / structural work in general ever

Florin Bilbiie 🇪🇺 🇺🇦

@FlorinBilbiie

2 years

This fully-specified model fits all the observations and thus constitutes a plausible explanation of what's going on.

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Adrien Matray

@AdrienMatray

3 years

A wonderful paper by the incredible @NicolaLimodio , which shows that liquidity risk dissuades the transformation of short-term deposits into long-term loans and deters long-term investment. I was privileged to see this paper being finalized when Nico was visiting Princeton

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Adrien Matray

@AdrienMatray

10 months

How the 1866 banking crisis reshaped global trade for decades: the wonderful animation of @econimate about the fascinating paper of @chenzix in the @QJEHarvard

econimate

@econimate

10 months

Financial crises can lead to large, immediate disruptions, but do they affect long-run patterns of economic activity? @chenzix ( @StanfordGSB ) on how the 1866 banking crisis reshaped global trade for decades:

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Adrien Matray

@AdrienMatray

3 years

The field of "real effects of international finance" is still in its infancy and @liliana_vvarela is one of the most exciting researchers pushing the boundary of this field! This new paper is terrific and I cannot encourage enough people interesting in foreign currency borrowing

Liliana Varela

@liliana_vvarela

3 years

Thrilled to see this paper (finally) coming out! Below is a short summary. 1/5

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Adrien Matray

@AdrienMatray

2 years

family, he had a huge multi-seats car, and we all suspected it was "just in case more people needed a ride," that many of us had called the "Denis mobile"

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Adrien Matray

@AdrienMatray

2 years

I am privileged to know that @BauNatalie is an amazing co-author and in incredible friend. I am not surprised to discover she is also a great referee! Congrats @BauNatalie !

The Economic Journal

@EJ_RES

2 years

The Economic Journal recognises the contribution of exceptional referees with its annual referee prize. The Journal is delighted to honour the following 14 referees who went beyond the call of duty during 2021 @RoyalEconSoc #EconTwitter

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Adrien Matray

@AdrienMatray

2 years

He also spent countless hours helping me prepare my spiel for the interviews, not to mention the moral support at time where I would freak out. Needless to say I would not be here without him...

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Adrien Matray

@AdrienMatray

2 years

Honoré que mon travail sur la taxation des dividends soit cité dans une chronique de France Info (fin de la chronique: ). Merci à @clemovitch , malgré l'américanisation de mon prénom ("Adri*a*n Matray") 😂

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Adrien Matray

@AdrienMatray

3 years

Even I as an assistant prof am considering applying! I could not recommend enough working for @m_maggiori who embodies the perfect combination of smart, kind and carrying

Matteo Maggiori

@m_maggiori

3 years

I am hiring two pre-doc fellows starting in summer/fall 2022 at @StanfordGSB Working in international macro and finance Details here: For background on research: @econ_ra

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Adrien Matray

@AdrienMatray

2 years

Denis was also a model of public good providers. At HEC, he had declared himself the "residual claimant" on *all* seminars, and defacto would do pretty much all of them. When a junior had a new prep to do, he would often co-teach with him (even though he did not need) and make

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Adrien Matray

@AdrienMatray

3 years

just read a wonderful paper by Adamopoulos, Brandt @leightjessica and @DiegoRestuccia fthming in ECMA: Misallocation, Selection and Productivity: A Quantitative Analysis with Panel Data from China The super cool innovation is to embed a Roy model into a misallocation framework

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Adrien Matray

@AdrienMatray

2 years

@JuliaAFonseca 's paper "Less Mainstream Credit, More Payday Borrowing? Evidence from Debt Collection Restrictions" is forthcoming at the @JofFinance !! Fascinating work: do laws restricting debt collection protect low-income as they were intended to? short answer: not really

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Adrien Matray

@AdrienMatray

2 years

Taxation is likely an important determinants of capital misallocation, in particular in the presence of heterogeneous financing frictions, something I am exploring more systematically now, so stay tune!

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Adrien Matray

@AdrienMatray

3 years

Seems that scientific culture of journalists in @nytimes is still deeply missing ... just read the following today: “One provocative study suggests that eating walnuts may influence satiety sensors in the brain. The study was tiny -- just nine people and it was paid for by

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Adrien Matray

@AdrienMatray

3 years

Link for tomorrow PhD lecture sent! On the program: finance and trade (finally!!). Still wrapping up the lecture on misallocation. Just finished the section on misallocation and labor with the mindblowing ECMA paper by Hsieh-Hurst- @PeteKlenow and @ChadJonesEcon which is beautiful

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Adrien Matray

@AdrienMatray

2 years

One last anecdote about Denis: when going to a conference in Europe where he would be, I was excited to get to catch up with him. But when he arrived in the room, 80% / 90% of the faculties there all jumped at him to do the same, thanks him, catch up, buy him a drink. That is

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Adrien Matray

@AdrienMatray

2 years

He was also incredibly generous with his time, way above what we could except even from some generous. Living in Paris, he would often make substantial detours to pick up or drop off phd students and visitors who did not have a car to reach the (far away) campus. Despite a small

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Adrien Matray

@AdrienMatray

3 years

my fantastic colleague @AtifRMian will give talk open to all about financial markets and development. Atif is one of the most insightful scholars I have had the chance to interact with and I cannot recommend enough to sign up!

Atif Mian

@AtifRMian

3 years

Are global financial markets helpful for development? I will be giving a talk on "The peril and promise of financial markets for developing countries" at @CGDev on April 30th Registration 👇🏽

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Adrien Matray

@AdrienMatray

11 months

2/4 I have revisited the paper, and neither error changes any of its conclusions. All the tables, numbers, and figures are fully reproducible by the publicly available code repository.

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Adrien Matray

@AdrienMatray

10 months

Recently had the pleasure to read the amazing QJE paper by @straightedge on the long-run effect of industrial policy that I cannot recommend enough. But if you are want the audio version, this @Trade__Talks is also fantastic 😊