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

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