International and Monetary Economics Network
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International and Monetary Economics Network
@intmon.bsky.social
The International and Monetary Economics Network covers a broad range of topics in international and monetary economics. The network comprises alums of the Universities of Bern and Basel and everyone interested in international and monetary economics.
Highly recommended! This was a super interesting highlight in 2025.

"The Inflation Attention Threshold and Inflation Surges" by Oliver Pfäuti.

opfaeuti.github.io/website/IAT....
December 28, 2025 at 2:15 PM
One of the many highlights of 2025!

"The Economics of Over-the-Counter Markets: A Toolkit for the Analysis of Decentralized Exchange" by Julien Hugonnier, Benjamin Lester, and Pierre-Olivier Weill.

amzn.to/49eEgsW
December 28, 2025 at 1:25 PM
Highly recommended!

"The Macroeconomic Effects of Tariffs: Evidence From U.S. Historical Data" by Tamar den Besten and Diego R. Känzig.

dkaenzig.github.io/diegokaenzig...
December 27, 2025 at 4:16 PM
Super interesting!

"How Monetary Policy Is Made: Lessons from Historical FOMC Discussions" by Cooper Howes,Marc Dordal i Carreras, Olivier Coibion, and Yuriy Gorodnichenko.

sites.utexas.edu/macro/2025/1...
December 26, 2025 at 3:28 PM
One of the many highlights of 2025!

"Monetary Economics and Policy: A Foundation for Modern Currency Systems" by Pierpaolo Benigno.

amzn.to/4pXQv4i
December 26, 2025 at 2:46 PM
Highly recommended!

"From RANK to HANK, without FIRE" by George-Marios Angeletos, Joao Guerreiro, and Dalton Rongxuan Zhang.

www.nber.org/papers/w34596
December 23, 2025 at 9:04 AM
Global Economy Flash: Seemingly resilient amid headwinds, yet fragile

Global GDP growth remains solid. Global trade has proven more resilient than expected. However, higher tariffs and rising protectionism will weigh on global growth and trade in 2026 and 2027.

open.substack.com/pub/imenecon...
December 23, 2025 at 8:46 AM
Very valuable!

"The ESCB forecasting models: what are they and what are they good for?"

"This report provides a comprehensive overview of the models and tools used for macroeconomic projections within the European System of Central Banks (ESCB)."

www.ecb.europa.eu/pub/pdf/scpo...
December 21, 2025 at 4:40 PM
Highly recommended!

"The Incidence of Tariffs: Rates and Reality" by Gita Gopinath and Brent Neiman.

"...tariff pass-through to U.S. import prices is almost 100 percent, so the United States is bearing a large share of the costs."

bfi.uchicago.edu/wp-content/u...
December 20, 2025 at 7:55 PM
Highly relevant!

"Artificial intelligence and growth in advanced and emerging economies: short-run impact" by Leonardo Gambacorta, Enisse Kharroubi, Aaron Mehrotra, and Tommaso Oliviero

www.bis.org/publ/work132...
December 19, 2025 at 3:23 PM
This looks like a must-read!

"Guns and Butter: The Fiscal Consequences of Rearmament and War" by Johannes Marzian and Christoph Trebesch.

www.kielinstitut.de/publications...
Guns and Butter: The Fiscal Consequences of Rearmament and War - Kiel Institute
www.kielinstitut.de
December 18, 2025 at 5:47 PM
Food for thought!

"To Cap or Not to Cap? Energy Crises in a Currency Union" by Momo Komatsu.

www.federalreserve.gov/econres/ifdp...
December 18, 2025 at 4:43 PM
Super interesting!

"Good News Travels Fast: Global Demand Shocks, Oil Futures, and Emerging Markets Dynamics" by Felipe Beltrán, David O Coble Fernandez, Manuel Escobar, and Felipe D Rojas.

www.imf.org/en/publicati...
December 17, 2025 at 3:32 PM
Very valuable!

"Monetary Policy Tech: A primer to novel techniques for monetary policy analysis and business processes" by Maximilian Freier and Douglas Araujo.

papers.ssrn.com/sol3/papers....
December 17, 2025 at 2:43 PM
Ben Bernanke and Janet Yellen: The Independence of the Federal Reserve: Why It Matters

"Former Federal Reserve Chairs Ben Bernanke and Janet Yellen explain why the central bank’s independence is crucial for American prosperity."

youtu.be/xeIAlIEzlI8?...
The Independence of the Federal Reserve: Why It Matters
YouTube video by Brookings Institution
youtu.be
December 16, 2025 at 10:01 PM
Super interesting!

"Financial Market Effects of FOMC Communication: Evidence from a New Event-Study Database" by Miguel Acosta, Andrea Ajello, Michael Bauer, Francesca Loria, and Silvia Miranda-Agrippino.

www.frbsf.org/research-and...
December 16, 2025 at 9:43 AM
Euro area – How are you doing?

We expect continued moderate economic growth in the euro area:

open.substack.com/pub/imenecon...
December 16, 2025 at 9:30 AM
Super interesting!

"Is the Digital Euro a Dead End?" by Pierpaolo Benigno.

pierpa612.substack.com/p/is-the-dig...
Is the Digital Euro a Dead End?
There is a marked divergence in policy toward digital money.
pierpa612.substack.com
December 15, 2025 at 3:55 PM
Wow, super interesting food for thought!

"Playing with Blocs: Quantifying Decoupling" by Barthélémy Bonadio, Zhen Huo, Elliot Kang, Andrei A Levchenko, Nitya Pandalai-Nayar, Hiroshi Toma, and Petia Topalova.

www.imf.org/en/publicati...
December 14, 2025 at 4:14 PM
Super interesting!

"Financial integration and the transmission of monetary policy in the euro area" by João B. Duarte and Mariana N. Pires.

www.ecb.europa.eu/pub/pdf/scpw...
December 12, 2025 at 1:18 PM
Highly relevant!

Project Leap: quantum-proofing payment systems

www.bis.org/publ/othp107...
December 11, 2025 at 4:15 PM
Food for thought!

"The Pricing of Geopolitical Tensions over a Century" by Andrei S. Gonçalves, Alessandro Melone, and Andrea Ricciardi.

papers.ssrn.com/sol3/papers....
December 10, 2025 at 12:43 PM
Highly relevant!

"Will the Supreme Court determine the fate of the Trump tariffs?" by Alan Wm. Wolff.

www.piie.com/blogs/realti...
Will the Supreme Court determine the fate of the Trump tariffs?
A decision by the Supreme Court on the legality of President Donald Trump’s “reciprocal” tariffs could be delivered any day now. The president has warned that throwing out the tariffs would create an ...
www.piie.com
December 9, 2025 at 10:27 PM
The BIS Quarterly Review is always a must-read!

"The risk-on mood that prevailed for much of the review period1 in global financial markets faced mounting challenges from spells of market volatility. These coincided with broader policy uncertainty..."

www.bis.org/publ/qtrpdf/...
December 8, 2025 at 10:11 PM
Super interesting food for thought!

"Inflation narratives and expectations" by Giovanni Trebbi.

www.ecb.europa.eu/pub/pdf/scpw...
December 5, 2025 at 9:41 PM