The Review of Finance Pagano-Zechner Prize for Best Corporate Finance Paper goes to "Going Bankrupt in China" by Bo Li and Jacopo Ponticelli @jacopont academic.oup.com/rof/article…

How #ClimateChange reallocates capital and #labour within countries: Evidence from #Brazil ➡️ ow.ly/xQL650JrgLH Christoph Albert @CEMFInews @CollegioCA, Paula Bustos @CEMFInews, Jacopo Ponticelli @jacopont @NorthwesternU @KelloggSchool

On peer review, editors and journals, triggered by the JPE episode on Twitter. I wanted to give a take on what I and other editors try to do to give a fair share to papers. Peer review will always have flaws but, like democracy, is the best of the systems we have. (my view) 1/6

Brazilian firms whose illegal interactions with the government are exposed lose government contracts but still grow larger by changing their investment strategies, from Emanuele Colonnelli, Spyridon Lagaras, @jacopont, Mounu Prem, and Margarita Tsoutsoura nber.org/papers/w29627

Extreme #weather events in #Brazil & their impact on labour & capital reallocation across regions, sectors, & firms. Excess dryness over the last 20 yrs has changed the structure of the #economy C Albert, P Bustos @CEMFInews, @jacopont @KelloggSchool ow.ly/ZeK050H1Weg

A major government credit program in Brazil resulted in higher borrowing by public sector employees with low financial literacy at the expense of higher volatility and lower average consumption, from Gabriel Garber, @atifrmian, @jacopont, and @profsufi nber.org/papers/w29386

Starting in 2011, the Brazilian government tried to boost economic activity through aggressive household lending through government-owned banks. Is "household credit as stimulus" a good idea? A new paper with Gabriel Garber, @AtifRMian, and @jacopont (1/N) nber.org/system/files/workin…

Jacopo Ponticelli's BREAD talk is just chock full of disturbing results on the last 10 years of temperature and drought in Brazil. The research: how do people / firms adapt and respond with migration and sectoral change. 🧵

Kellogg Finance is hiring predoc RAs for the 2022-23 academic year. @SeanKHiggins and I are hiring candidates interested in finance and development. @NorthwesternU @KelloggSchool Apply here: kellogg.qualtrics.com/jfe/fo…

Solar eclipses facilitated coordination of anti-government uprisings during the Qing dynasty, and rebellious counties in the past are more prone to anti-government protests in present-day China, from Meng Miao, @jacopont, and Yi Shao nber.org/papers/w29182

In the short run, local economies in Brazil insure themselves against negative weather shocks via financial integration with other regions, but in the long run regions experience capital outflows, from Christoph Albert, Paula Bustos, and @jacopont nber.org/papers/w28995

Eye-opening article, via ⁦@nytopinion⁩ nytimes.com/2020/12/04/opini…

Can a Vaccine for Covid-19 Be Developed in Record Time? nytimes.com/interactive/2020…

#QJE May 2020 #8: “Capital Accumulation and Structural Transformation,” by Bustos, Garber, and Ponticelli (@jacopont): doi.org/10.1093/qje/qjz044

ecco, sono in twitter, is this thing on?