Monetary policy shocks affect more cities with low income per capita, both in prices and income. Just Accepted new paper by Juan Herreño @juanherreno.bsky.social and Mathieu Pedemonte @mathpedemonte.bsky.social zurl.co/njzAc
🚨 Excited to share insights from a paper I co-authored with @juanherreno.bsky.social on why emerging economies often face financial crises or "Sudden Stops"! Just published in Journal of International Economics (@jintlecon.bsky.social )
📝 Link: shorturl.at/JdJhr
#Econsky #Macroeconomics
What's happening with inflation expectations?
Two often used household surveys disagree:
- the Michigan MSC says inflation expectations are up
- the NY Fed SCE says they're not...
Which one is it?
New blog by Oli Coibion and @ygorodnichenko.bsky.social says: MSC is right!
Find out why ⬇️
Starting tomorrow: 𝐓𝐄𝐗𝐀𝐒 𝐌𝐎𝐍𝐄𝐓𝐀𝐑𝐘 𝐂𝐎𝐍𝐅𝐄𝐑𝐄𝐍𝐂𝐄
We have a great line-up of speakers & discussants (program below)
including @alpsimsek.bsky.social, @kronerniklas.bsky.social, @pfaeutiecon.bsky.social, @mathpedemonte.bsky.social, @hugolhuillier.com, @elpuntoderocio.bsky.social
(+ some not on here)
We have a new working paper:
𝐀𝐭𝐭𝐞𝐧𝐭𝐢𝐨𝐧 𝐭𝐨 𝐭𝐡𝐞 𝐌𝐚𝐜𝐫𝐨𝐞𝐜𝐨𝐧𝐨𝐦𝐲
with Sebastian Link, @apeichl.bsky.social, Chris Roth and @johanneswohlfart.bsky.social
Short thread below ⬇️
@empctmacrotx.bsky.social @utaustinecon.bsky.social
Bernardo is in the market this year, and also has an excellent paper on households' spending reaction to changes in inflation expectations, comparing the effects in high and low inflation settings, using a series of RCTs in the US www.bernardocandia.com
Happy to see our paper with Bernardo Candia out at the @jeeanews.bsky.social. We use high frequency data and variation from countries that left the gold standard to estimate the cost of bilateral exchange rate appreciations in US cities
🎉 Excited to share that I’ll be presenting at the Santiago Macro Conference 2024! 🌎📊 This event brings together leading minds in macroeconomics to discuss cutting-edge research on growth, policy, and global dynamics.
An uptick in U.S. firms' #inflation expectations and disagreement. Maybe noise... maybe not...
More info here
www.clevelandfed.org/indicators-a...
#EconSky
