Diego Känzig
@dkaenzig.bsky.social
Assistant Professor @Northwestern University working on macro, climate&energy, inequality and monetary policy
diegokaenzig.com
diegokaenzig.com
Very much looking forward to today's workshop on Macro Public Finance at the @nber.org SI. Honored to be among a fantastic group of speakers and discussants. If you are in Cambridge, drop by! www.nber.org/conferences/...
July 17, 2025 at 11:14 AM
Very much looking forward to today's workshop on Macro Public Finance at the @nber.org SI. Honored to be among a fantastic group of speakers and discussants. If you are in Cambridge, drop by! www.nber.org/conferences/...
If you are in Cambridge, don't miss out on this session including fascinating papers by @mickeygb.bsky.social
and @benmoll.bsky.social
and @benmoll.bsky.social
July 10, 2025 at 2:54 PM
If you are in Cambridge, don't miss out on this session including fascinating papers by @mickeygb.bsky.social
and @benmoll.bsky.social
and @benmoll.bsky.social
This has also substantial effects on the U.S. economy
July 10, 2025 at 2:54 PM
This has also substantial effects on the U.S. economy
Using this as an instrument in a semi-structural model of global shipping markets, we document pervasive macroeconomic effects:
July 10, 2025 at 2:54 PM
Using this as an instrument in a semi-structural model of global shipping markets, we document pervasive macroeconomic effects:
We quantify the market impact of these disruptions by measuring how shipping rates change in a narrow window around the events. In this way, we obtain some plausibly exogenous variation in shipping rates
July 10, 2025 at 2:54 PM
We quantify the market impact of these disruptions by measuring how shipping rates change in a narrow window around the events. In this way, we obtain some plausibly exogenous variation in shipping rates
We perform a detailed narrative account of disruptive events at these choke points, including collisions, groundings or extreme weather events. I am sure you remember Ever Given, but there are many more:
July 10, 2025 at 2:54 PM
We perform a detailed narrative account of disruptive events at these choke points, including collisions, groundings or extreme weather events. I am sure you remember Ever Given, but there are many more:
Our idea: Global trade is heavily reliant on maritime trade, which in turn relies on a few key choke points: the Panama and the Suez canal
July 10, 2025 at 2:54 PM
Our idea: Global trade is heavily reliant on maritime trade, which in turn relies on a few key choke points: the Panama and the Suez canal
Shipping costs are a key barometer for supply chain pressures. However, they are influenced by both demand and supply. How can we isolate the effects of an exogenous supply chain disruption?
July 10, 2025 at 2:54 PM
Shipping costs are a key barometer for supply chain pressures. However, they are influenced by both demand and supply. How can we isolate the effects of an exogenous supply chain disruption?
Very excited to present some new work on the macroeconomic effects of supply chain disruptions at the @nber.org SI, joint with my brilliant student Ramya Raghavan!
July 10, 2025 at 2:54 PM
Very excited to present some new work on the macroeconomic effects of supply chain disruptions at the @nber.org SI, joint with my brilliant student Ramya Raghavan!
I also have wonderful co-authors presenting some new joint work. @adrienbilal.bsky.social is presenting a new project on climate change and monetary policy
June 26, 2025 at 4:43 AM
I also have wonderful co-authors presenting some new joint work. @adrienbilal.bsky.social is presenting a new project on climate change and monetary policy
Really looking forward to this year's #SEDmeeting
in Copenhagen. If you are around, check out this cool session on shipping trends and disruptions, happening this Saturday from 13:30 to 15:00:
in Copenhagen. If you are around, check out this cool session on shipping trends and disruptions, happening this Saturday from 13:30 to 15:00:
June 26, 2025 at 4:43 AM
Really looking forward to this year's #SEDmeeting
in Copenhagen. If you are around, check out this cool session on shipping trends and disruptions, happening this Saturday from 13:30 to 15:00:
in Copenhagen. If you are around, check out this cool session on shipping trends and disruptions, happening this Saturday from 13:30 to 15:00:
These shocks have meaningful effects on oil prices and the macroeconomy:
May 22, 2025 at 4:24 PM
These shocks have meaningful effects on oil prices and the macroeconomy:
In recent years, there have been some large OPEC surprises in oil markets:
May 22, 2025 at 4:24 PM
In recent years, there have been some large OPEC surprises in oil markets:
Indeed, we show in a bottom-up exercise that aggregates the local impacts of temperature and extremes, that they are quantitatively important to reconcile our global temperature effect
January 23, 2025 at 3:36 AM
Indeed, we show in a bottom-up exercise that aggregates the local impacts of temperature and extremes, that they are quantitatively important to reconcile our global temperature effect
.. through a stark increase in the frequency of damaging extreme events
January 23, 2025 at 3:36 AM
.. through a stark increase in the frequency of damaging extreme events
And indeed, when we do a horse race between land and ocean temperature shocks, we find that ocean temperature drive the aggregate effect
January 23, 2025 at 3:36 AM
And indeed, when we do a horse race between land and ocean temperature shocks, we find that ocean temperature drive the aggregate effect
Comparing these costs to Marginal Abatement Costs reveals that unilateral decarbonization of over 80% of economic activity is cost-effective for both regions. This finding challenges the conventional view that such efforts are only viable under global coordination.
January 21, 2025 at 5:15 PM
Comparing these costs to Marginal Abatement Costs reveals that unilateral decarbonization of over 80% of economic activity is cost-effective for both regions. This finding challenges the conventional view that such efforts are only viable under global coordination.
🌎Does unilateral decarbonization pay for itself? In our new working paper, @adrienbilal.bsky.social and I analyze whether large economies like the U.S. and E.U. can justify broad decarbonization policies based purely on domestic economic benefits.
WP: nber.org/papers/w3336...
#econsky
WP: nber.org/papers/w3336...
#econsky
January 21, 2025 at 5:15 PM
🌎Does unilateral decarbonization pay for itself? In our new working paper, @adrienbilal.bsky.social and I analyze whether large economies like the U.S. and E.U. can justify broad decarbonization policies based purely on domestic economic benefits.
WP: nber.org/papers/w3336...
#econsky
WP: nber.org/papers/w3336...
#econsky