In between self imposed deadlines, it helps to look up — even briefly — and take in the horizon.

Missed AFE for another year in a row, but the calendar’s already marked for next.

In photo: McGraw Tower from Olin Library, Cornell Campus, Taken yesterday.

Disasters reshape more than assets—they reshape firm–state relations.

My new VoxDev Blog shows how firms in Pakistan’s 2005 earthquake adapted not only to physical damage but also to the then weak state credibility, creating inefficiencies I term adaptive misallocation.

x.com/MahaRehman1/...

VoxDev Blog on my recent paper: Adaptive misallocation when firms expecting little government aid over-invest in survival at the cost of long-run productivity. Evidence from the 2005 earthquake shows a new class of vulnerable firms: fragile intermediaries.

Links: maharehman.github.io/research/

Eid mubarak!

Winter in Ithaca is majestic - notice nature's detailing in the grand icicles - but with spring around the corner, I almost miss the stillness and the comforting cold.

My new paper, now in print, examines how the 2005 Pakistan earthquake triggered asymmetric firm-level over-adaptation in response to policy uncertainty. (1/n)

Link: link.springer.com/article/10.1...

A thread follows:

I am so excited for this extension to my current research agenda: How do firms in emerging economies, in this case Pakistan, react, respond and adapt in the aftermath of a natural disasters and climate change.

#climatesky

Fall in Ithaca!

And when I am not working, you will find me active outdoors. I like photography, writing, hiking and water sports!