enricocavallotti.github.io
My #EconJMP studies how inequality in foreign economies shapes the effects of Fed's tightening on their GDP.
Spoiler: higher ineq = larger (smaller) GDP drop in AEs (EMEs). Mainly via financial channel.
👉 tinyurl.com/4e2y9598
🌐 simone-arrigoni.com
#EconSky
Thread👇1/11
My #EconJMP studies how inequality in foreign economies shapes the effects of Fed's tightening on their GDP.
Spoiler: higher ineq = larger (smaller) GDP drop in AEs (EMEs). Mainly via financial channel.
👉 tinyurl.com/4e2y9598
🌐 simone-arrigoni.com
#EconSky
Thread👇1/11
TL;DR: Labour market power leads to large productivity losses.
Keep reading if you’re interested in misallocation, tech diffusion, and regional disparities (you should be!).
TL;DR: Labour market power leads to large productivity losses.
Keep reading if you’re interested in misallocation, tech diffusion, and regional disparities (you should be!).