Fundação Getulio Vargas secured three of the five categories of the SBE Award during the 40^th Brazilian Econometrics Meeting. Held on December 11-14 in Rio de Janeiro, the event gathered some of the top econometrics researchers and experts in Brazil and around the world.

Professor Humberto Moreira and PhD alum Rodrigo Bomfim Andrade, both from FGV’s Brazilian School of Economics and Finance (EPGE), ranked 1^st place in the Economic Theory category, with the article “Robust project selection in cost-based procurement”. The category’s runner-ups were Daniel Monte from FGV’s São Paulo School of Economics (EESP) and Rodrigo Moita (Insper), with the paper “Water Wind and Fire: Competitive Equilibrium in Electricity Markets with Renewables”.

The winner of the finance category was the study titled “The Cross-Section of Retail Investors: Tax-Inattention, Performance and Behavioral Biases”, by Fernando Chague (EESP), Bruno Giovannetti (EESP), Justin Birru (Ohio State University), and Rodrigo Bueno (USP). EESP also ranked 1^st in Applied Macroeconomics, with the article “On the implications of strategic uncertainty for expectation formation in macroeconomics”, by Marcel Ribeiro (EESP).

FGV also ranked high in the Econometrics category. Marcelo Fernandes (EESP), Gustavo Dias (Aarhus University), and Cristina Scherrer (Aarhus University) took 2^nd place for the work titled “Component shares in continuous time”.

The SBE Award has been granted since 2012 to the best papers submitted to the Brazilian Econometrics Meeting across all five fields of Economy (Finance, Econometrics, Applied Macroeconomics, Applied Microeconomics, and Economic Theory). The Award acknowledges relevant academic papers written by Brazilian and foreign researchers attending the Meeting.