Sorry to disrupt the RW_LK hate fest but as per the constitution, if PM resigns, cabinet is dissolved and weirdly ministry secretaries too cease to hold office-i.e. country freezes until new President is elected on 20th.Shanakiyan Rajaputhiran Rasamanickam M A Sumanthiran is this what you want?

What's going on here?

Really enjoyed presenting at the MoFiR Workshop held at the Banco de Portugal Banco de Portugal in Lisbon. A great set of papers and people: sites.google.com/view/mofirsemi…

1/Macro-economics is still quite US-centric, and so, many of us implicitly use the US as **the benchmark**. But the US is quite different from most countries. Especially when it comes to fiscal capacity.

Pakistan's economy is in deep crisis a long 🧵

Data on “the worst educational crisis for a century, and certainly since the world wars”: - 70% of 10 yr olds in low/middle-income countries cannot read a simple story - children'll lose $17trn over lifetime - learning delays are 8 months globally; 9-15 in middle income states

Largely true, but India also financed railways to nowhere sundayobserver.lk/2018/07/29/opi…

Many experts believe that Sri Lanka's story is a warning sign for emerging markets. So, how did Sri Lanka's economy collapse in the first place? Check out Anuz Thapa's latest for CNBC youtu.be/knYzcY3Qb64

Very clever paper. India has one time zone->there is a 2 hour difference in mean solar times. When the sun sets later, children go to bed later but fail to compensate by waking up later. Chronic sleep deficits translate to adverse long-term educational outcomes.

New working paper by Finance Department at Kelley School of Business colleagues Kristoph Kleiner and Niklas Huether: "Are Judges Randomly Assigned to Chapter 11 Bankruptcies? Not According to Hedge Funds" (Winner of Best Paper Award AIM Investment Conference Texas McCombs . Thread papers.ssrn.com/sol3/papers.cf…

Shehan Karunatilaka became the second Sri Lankan-born author to receive the Booker Prize, one of the world’s most prestigious literary awards. His second novel, “The Seven Moons of Maali Almeida,” won the prize. nytimes.com/2022/10/17/boo…

The next MoFiR Workshop on banking will be in Naples on July 6-7, 2023. Please consider submitting your paper by January 15 at: cepr.org/events/12th-mo…. All info here: sites.google.com/view/mofirsemi… CEPR Society for Financial Studies CSEF #EconTwitter please RT!

Early days so not sure, but EconTwitter fork to mastodon seems legit and I can easily see it being durable. Already has thousands of people and has drawn many big names. For a certain kind of Econ-centric experience, it’s better than twitter atm.

I saw another "for loops in #rstats are bad" tweet this afternoon. Thought I'd put my timeline back in balance. Just pre-allocate your vectors, folks! All is well!

1/ Alameda Research's 2018 Pitch Deck

Incredible to watch crypto people reinvent the "central bank as lender of last resort" in real time.

👇 Submission deadline this Friday!

The deadline is coming up on June 23 for submitting to the 2nd Holden Conference at Kelley. Papers in all fields, empirical, theory, or both, are welcome!kelley.iu.edu/news-events/ev…

Super excited about the program. Thanks to everyone who submitted, reviewed, and agreed to discuss papers. Many, many thanks 🙏.