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The official account of the Review of Economic Studies, one of the world's top economics journals.

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"Firm exits can trigger cascades of shutdown. New work studies how these cascades propagate and their impact on aggregate fluctuations."

Recently accepted to #REStud, from Mathieu Taschereau-Dumouchel @mathtd:

https://www.restud.com/cascades-and-fluctuations-in-an-econo...

#EconTwitter

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I'm so fortunate that this paper got published in such a good journal.

I hope that it can be a helpful guide for future researchers who want to work at the intersection of economics and genetics and estimate Gene-Environment interplay #GxE

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This paper started with data. We were convinced that the discrepancy between book and market values of banks was key to understanding the data. We then developed a theory where, with a simple model, only one state variable driving Tobin's Q, you can explain several data moments.

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