Aldo Musacchio

🚨New paper: Using new measures of fiscal support to SOEs, and a quasi-experimental setup, we find that fiscal support to infrastructure SOEs increases by 3.5% of average assets and CAPEX decreases by ~40% the year after the shock. sciencedirect.com/science/articl…

We stand with our friend and co-editor at @FHRjournal, Professor @CarolineFohlin of @EmoryUniversity, after she was aggressively arrested while exercising her right to protest... And clearly not being violent in any way. x.com/tparsi/status/…

@MiddleEastEye Here’s @EmoryUniversity economics professor Caroline Fohlin knocked to the ground with her head on the concrete. Her glasses are thrown off. She shouts “I’m a professor” #Gaza #Protesters

¿Por qué integrarse a BRICS es atractivo para los países de América Latina? youtu.be/h7b6QUWExKA?si… via @YouTube

@cmicmeissner Congrats Chris! It looks very interesting

The cover for my forthcoming book "One from the Many: The Global Economy since 1850" is out now. Looking forward to sharing more about the book in the near future.

Having boards of directors in state-owned enterprises that work as checks and balances to managers is not feasible for many EM countries. Here we explain the issues and suggest alternatives. #SOE #boards #oecd #corporategovernance blogs.iadb.org/gestion-fiscal…

🚨 Climate Change🚨 "Data evidence shows that countries with high CO2 emissions per capita often have significant state ownership in major polluting industries." @anna_grosman, @MusacchioAldo & @GerhardSchnyder offer ideas to address the problem: buff.ly/3pVa8ja

The great Stanley Engerman just passed away. RIP. Talk about someone who revolutionized economic history and recently Latin American economic history. He was also very supportive of junior faculty no matter what project one would embark on. I am forever grateful to his advice

This is an interesting figure showing the evolution of the U.S. stock market. The graph shows the ups and downs in specific periods. At @FHRjournal, many interesting articles explore this issue for a longer period, in other countries, and try to understand return volatility.

Thanks a lot for all of your interest in the book project! Here’s the table of contents some of you asked for. Today I’ll be telling you more about the first chapter by Uruguayan economic historian Luis Bértola and Colombian Finance Minister @JoseA_Ocampo #rootsofunderdevelopment

If you just watched the movie All Quiet in the Western Front @allquietmovie I recommend accompanying it with this fantastic reading about how districts with more WWI veterans voted more heavily for anti-democratic, rightwing parties in Germany warwick.ac.uk/fac/soc/econom…

Oops, we could have known banks were in trouble a while ago! moneyandbanking.com/commentary/202…

Hoy compartimos nuestros hallazgos preliminares sobre los orígenes históricos de la desigualdad económica en América Latina, en un trabajo para #LACIR @LSEInequalities @FocoEconomico @Feslavas

We show bond markets tend to anticipate at least part of this IMPLICIT sovereign guarantee to State-Owned Enterprises. Now Mexico seems to be taking this into an EXPLICIT guarantee to @Pemex Our new paper with @MusacchioAldo (on @GSJ_Jour) onlinelibrary.wiley.com/doi/full/10.10…

@delanbarak @BrankoMilan @BatizLazo @lopezfeldman @auroraggf @equidistar I sort of admit that a lot of people on the profession have relatively focused and thus maybe uninteresting lives. Even in Ivey League universities I find surprising how hard it is to find the renaissance approach to academia. It pays to be an expert in your topic, so why bother

Fun post by @BrankoMilan But then, What is an exemplary life? Why some ppl puts such expectations in soc scientists? A high rank bureaucrat has a more interesting life? A Fetish! What do you think? @BatizLazo @lopezfeldman @auroraggf @MusacchioAldo @equidistar

Fiscal risks associated with #electricity and #transport infrastructure in low- and middle-income countries need comprehensive policies to mitigate them. Discover the latest insights from our new @WorldBank research. openknowledge.worldbank.org/handle/10986/3…

Do you know how much of an ongoing fiscal drain off-budget infrastructure vehicles like SOEs and PPPs represent? Find out more in our new report openknowledge.worldbank.org/handle/10986/3… @WBG_Transport @WBG_Energy @WBG_PPP @MusacchioAldo

It is interesting to think that most founders who got screwed by the collapse of Silicon Valley Banks were kids when we last had bank collapses... I am amazed 87 percent of accounts kept over $250k in their accounts

History matters: The ideas of Paul David, 1935-2023 dlvr.it/SkFydF

One of the sharpest renaissance minds of our times just passed. RIP Professor Paul A. David, from Stanford University and All Souls College, Oxford. Scholars like him are in limited supply.