Emilia Garcia-Appendini
megapp.bsky.social
Emilia Garcia-Appendini
@megapp.bsky.social
Researcher at Norges Bank and Professor at the University of St Gallen. Banking, corporate finance, climate, supply chains

https://sites.google.com/site/mariemigarcia/
Reposted by Emilia Garcia-Appendini
The research department of Norges Bank is hiring a research economist for an permanent position. Apply by November 24 and check details at econjobmarket.org/positions/11...
EJM - Econ Job Market
econjobmarket.org
October 18, 2025 at 5:29 PM
Reposted by Emilia Garcia-Appendini
Reposted by Emilia Garcia-Appendini
"As climate extremes intensify, the next financial crisis may not come from housing or tech, but from a climate-driven breakdown in the global food system."
Pleased to see Deep Sky Research cited in this great article on an under-reported topic 🌽📉

“We’re losing 120 calories per person, per day, for every degree of global warming.”

www.forbes.com/sites/felici...
The Crash No One Sees Coming: Food System Failure
Climate-driven food shocks pose a growing risk to global markets. As yields fall and insurance retreats, the next financial crash may start in the fields.
www.forbes.com
July 15, 2025 at 2:27 PM
Reposted by Emilia Garcia-Appendini
Poland’s clean energy usage overtakes coal for first time

Latest data indicates progress for EU country most dependent on the fossil fuel
Poland’s clean energy usage overtakes coal for first time
Latest data indicates progress for EU country most dependent on the fossil fuel
www.ft.com
July 3, 2025 at 6:40 AM
Reposted by Emilia Garcia-Appendini
Wow, super interesting!

"Cultural Bonds" by Cascarano, Garcia-Appendini, Sekerci, and Stradi.

"We find that households of different cultural origins invest differently in government bonds..., reflecting cultural differences in the perception of public debt."

www.norges-bank.no/en/news-even...
June 4, 2025 at 9:19 PM
Reposted by Emilia Garcia-Appendini
38 of the 43.

"38 of 43 experts cut last month from boards that review science and research in NIH laboratories are female, Black or Hispanic.

"The scientists typically serve five-year terms and were not given a reason for their dismissal..."

www.washingtonpost.com/science/2025...
Women, minorities fired in purge of NIH science review boards
Scientists, with expertise in fields that include mental health, cancer and infectious disease, typically serve five-year terms and were not given a reason for their dismissal.
www.washingtonpost.com
April 17, 2025 at 7:29 PM
Reposted by Emilia Garcia-Appendini
The Trump regime is now using US Attorneys to intimidate academic journals by sending them letters demanding they explain how they ensure ‘viewpoint diversity.’ Journal editors should be public about this and coordinate to refuse to comply with these fascist tactics.
April 17, 2025 at 7:56 PM
Reposted by Emilia Garcia-Appendini
📢 There is still time to submit your #ResearchPaper to the @banquedefrance-off.bsky.social for the Diversity, Equity, and Inclusion in Economics, Finance, and Central Banking Conference.

📩 Submit your research to DEIconference@banque-france.fr by April 30.

Details: bit.ly/3DykmNJ

#DiversityInEcon
Conference on Diversity, Equity and Inclusion in Economics, Finance, and Central Banking | Banque de France
The Bank of Canada, Bank of England, Bank of Spain, Banque de France, Banca d’Italia, and European Central Bank are organizing the 6th conference on Diversity, Equity and Inclusion in Economics, Finan...
bit.ly
April 14, 2025 at 8:57 PM
Reposted by Emilia Garcia-Appendini
I had missed this, but it looks like Trump's April 8th executive order may kill California cap-and-trade system (www.whitehouse.gov/presidential...)
Protecting American Energy From State Overreach
By the authority vested in me as President by the Constitution and the laws of the United States of America, it is hereby ordered: Section 1.  Purpose.
www.whitehouse.gov
April 14, 2025 at 11:19 PM
Reposted by Emilia Garcia-Appendini
We just completed a first, preliminary draft of a new paper:

𝐓𝐡𝐞 𝐌𝐚𝐜𝐫𝐨𝐞𝐜𝐨𝐧𝐨𝐦𝐢𝐜 𝐄𝐟𝐟𝐞𝐜𝐭𝐬 𝐨𝐟 𝐁𝐚𝐧𝐤 𝐑𝐞𝐠𝐮𝐥𝐚𝐭𝐢𝐨𝐧: 𝐍𝐞𝐰 𝐄𝐯𝐢𝐝𝐞𝐧𝐜𝐞 𝐟𝐫𝐨𝐦 𝐚 𝐇𝐢𝐠𝐡-𝐅𝐫𝐞𝐪𝐮𝐞𝐧𝐜𝐲 𝐀𝐩𝐩𝐫𝐨𝐚𝐜𝐡

Joint with Ko Miura

econweb.umd.edu/~drechsel/pa...
March 31, 2025 at 1:36 PM
Reposted by Emilia Garcia-Appendini
Article we wrote in 2019 turning out to be very relevant for the debate around external imbalances and the dollar today. www.annualreviews.org/content/jour...
The International Monetary and Financial System | Annual Reviews
International currencies fulfill different roles in the world economy, with important synergies across those roles. We explore the implications of currency hegemony for the external balance sheet of t...
www.annualreviews.org
March 23, 2025 at 2:02 PM
Reposted by Emilia Garcia-Appendini
It was an honor to contribute a chapter on "Sustainable Banking" to the 4th edition of The Oxford Handbook of Banking. I review the role of banks in financing the transition to a low-carbon economy, the impact of climate risks on credit supply & challenges such as greenwashing and carbon arbitrage 👇
March 21, 2025 at 12:00 PM
Reposted by Emilia Garcia-Appendini
Forthcoming article by Jin Cao, Ragnar E Juelsrud and Talina Sondershaus "The Effect of Asset Encumbrance on Bank Behavior: Evidence from the Introduction of Covered Bonds in Norway" @eeanews.bsky.social

doi.org/10.1093/jeea...
The Effect of Asset Encumbrance on Bank Behavior: Evidence from the Introduction of Covered Bonds in Norway
Abstract. We use the introduction of covered bonds in Norway in 2007 together with administrative and supervisory data at the bank and loan level to invest
doi.org
March 11, 2025 at 6:09 AM
Reposted by Emilia Garcia-Appendini
Slowly but surely coming along: we have a new version of our working textbook on diffs in diffs!

papers.ssrn.com/sol3/papers....

Chapters 2 to 4, which cover the set up, classical DIDs, and relaxations of the parallel trends assumptions have been thoroughly revised and are now almost finished.
Credible Answers to Hard Questions: Differences-in-Differences for Natural Experiments
This book introduces applied researchers to modern Differences-in-Differences (DID) methods, that they can use to obtain credible answers to hard causal inferen
papers.ssrn.com
March 12, 2025 at 3:09 PM
Reposted by Emilia Garcia-Appendini
*Please repost* @sjgreenwood.bsky.social and I just launched a new personalized feed (*please pin*) that we hope will become a "must use" for #academicsky. The feed shows posts about papers filtered by *your* follower network. It's become my default Bluesky experience bsky.app/profile/pape...
March 10, 2025 at 6:14 PM
Reposted by Emilia Garcia-Appendini
Norges Bank Spring Institute 2025 with @helenerey.bsky.social: beautiful days in a non beautiful time 🇺🇦
March 1, 2025 at 10:51 AM
Reposted by Emilia Garcia-Appendini
"We’re witnessing the self-sabotage of the United States"

from @davidfrum.bsky.social
www.theatlantic.com/politics/arc...
At Least Now We Know the Truth
It’s ugly, but necessary to face.
www.theatlantic.com
February 28, 2025 at 8:34 PM
Reposted by Emilia Garcia-Appendini
Last chance to apply for a #researchassistant position at @NorgesBank. Knowledge of a Scandinavian language is an advantage. Deadline February 15.
Research Assistant
Norges Bank is Norway’s central bank. The Bank’s task is to promote economic stability in Norway, and has executive and advisory responsibilities in the area of monetary policy and responsibility for ...
398270.webcruiter.no
February 15, 2025 at 9:17 AM
Reposted by Emilia Garcia-Appendini
President Trump has launched an attack on the rules-based international order. Olivier Blanchard @piie.com @pse.bsky.social & @pisaniferry.bsky.social argue that the #EU can and should work with non-EU countries to form partnerships or ‘coalitions of the willing’.
cepr.org/voxeu/column...
#EconSky
February 14, 2025 at 10:30 AM
Reposted by Emilia Garcia-Appendini
Large firms can and should use #climate commitments to accelerate the green transition when government climate policies are constrained. Private commitments resolve policy gaps & make government commitments more credible.
V Acharya, R Engle, @olivierwang.bsky.social
cepr.org/voxeu/column...
#EconSky
February 12, 2025 at 9:46 AM
Reposted by Emilia Garcia-Appendini
📢Final Reminder! #CallForPapers

CEPR, the organising and program committees, along with the organising institutions, invite papers for the 7th Summer #Conference on Financial Intermediation and Corporate #Finance.

📆Submit by: 15 Feb 2025
More details: cepr.org/events/7th-s...
#EconSky
February 11, 2025 at 10:30 AM
Reposted by Emilia Garcia-Appendini
Hello, Bluesky! ☀️

We fund frontier research in Europe—bold ideas, unexpected discoveries and science that shapes the future. So it’s only fitting we’ve landed here. Sorry for being late.

Follow us for updates on ERC funding, research policy, and our grantees' discoveries.
February 7, 2025 at 8:16 AM