🔥The 9th Round of Easy Loan, Earn $40 Reward is in progress❗️ ⏰ Promotion Period: January 15th - Feburary 15th, 2025 👉 Register now and check more details at gate.io/campaigns/358

Entian is a great economist and person. Want to know something funny about him? He is a HUGE fan of the Argentinian National team, since Batistuta, Ortega, Ayala, Zanetti times... and he was one of us during the last World Cup, muchachos!! ⭐️⭐️⭐️

Simeng Simeng Zeng , UMN JM candidate, studies resource misalloc's impact on tech investments and trade gains in developing countries. Trade lib promotes innovation but may reduce welfare gains due to distorted R&D. She stresses need for structural reforms to max trade benefits.

Examining trade gains in distorted economies, Simeng uses a Melitz model to analyze how misallocation affects firms' R&D choices. Surprisingly, promoting technology upgrades in this context reduces welfare gains from trade. Check out her great JMP!

Clara Arroyo, econ job market candidate from CEMFI CEMFI, visited UMN Econ Heller-Hurwicz Economics Institute and Minneapolis Fed Minneapolis Fed in spring 2023. She was active participant in Manuel Amador's and my research workshop on international economics. Check out her job market paper.

Can small deviations from rational expectations make large differences in macro models? IDEA Graduate Programme in Economics JMC Marta García-Rodríguez Marta Garcia Rodriguez shows search & matching model with internally rational agents fits US labor market data better than RE model. sites.google.com/view/martagarc…

Marta García-Rodríguez is on the JM!💥 Can small deviations from RE make large differences in macro models❓ ➡️ Yes. By introducing internal rationality in a DMP Model, she reproduces the observed fluctuations in the US labor market + propagation of productivity shocks

Álvaro Jáñez Álvaro Jáñez econ jm candidate from UC3M visited UMN Econ Heller-Hurwicz Economics Institute in spring 2023. He was an active participant in Manuel Amador's and my workshop and gave two great presentations on firms' monopsony power in local markets for managers. ajanez.github.io

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Suppose a government is subject to the risk of a rollover crisis. Should the government reduce the debt or increase reserves to make itself less vulnerable? New paper on "International Reserve Management under Rollover Crises" w/ Mauricio Barbosa Alves & Cesar Sosa Padilla

YOUR MINNESOTA TIMBERWOLVES ARE HEADED TO THE WESTERN CONFERENCE FINALS.

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Ultimo llamado para subirse al tren 🐺

📢 Happy to share an update on “A Debt Crisis with Strategic Investors: Changes in Demand and the Role of Market Power” 🔗: ralvesmonteiro.github.io/assets/papers/… 🧵A thread:

How will climate change impact the poor in developing countries? @UMN_EconJMC Mauricio Barbosa-Alves@ba_mauz constructs a model of Brazil in which high temps lower crop yields and agricultural incomes but poor road networks also increase food prices. mbarbosaalves.github.io

Why does Latin America suffer from high inflation, rampant informality, and low financial intermediation? UMN Economics JMC Gabriel Devoto's Gabriel Devoto hypothesis: Government use of inflation as fiscal tool causes informality and low financial intermediation. gabrieldevoto.com

Young economics researchers--especially PhD students in Europe preparing for next year's job market--should apply for the Workshop on Dynamic Macroeconomics in Vigo, Spain, 8-10 July 2025. Submission deadline is 10 April. workshop.webs.uvigo.es/index.html