lukestein’s avatarlukestein’s Twitter Archive—№ 3,751

      1. Excited to discuss a very cool paper by @claudiacustodi0, Diogo Mendes, and Daniel Metzger at #efa2019. RCT evidence shows that randomly assigning executive education to CEOs of the largest firms in Mozambique leads to significantly improved financial performance. 1/5
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    1. …in reply to @lukestein
      We know that management practices matter, and Mozambique is a very poor country with—by at least one measure—room to improve. And we know (incl. from work by this paper’s authors) that CEOs and particularly their financial background really matter for firms. 2/5
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  1. …in reply to @lukestein
    There are lots of reasons to think that improved management (and managerial education) could be particularly valuable in developing countries. 3/5
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    1. …in reply to @lukestein
      This is a careful experiment and a carefully written paper. The authors think seriously about mechanisms and make a convincing case for their estimated effects, working hard to rule out threats to identification. Of course, there’s room for more (here and in future research). 4/5
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      1. …in reply to @lukestein
        It was a pleasure to read and think about this great paper; thanks to session chair @moqixu for inviting me. The interface of finance, management, and development economics is rich for future work! 5/5
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