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.
Super interesting!
"Investor Beliefs and Expectation Formation" by Stefano Giglio, Matteo Maggiori, Joachim Rillo, Johannes Stroebel, Stephen P. Utkus, and Xiao Xu.
www.nber.org/papers/w34446
"Investor Beliefs and Expectation Formation" by Stefano Giglio, Matteo Maggiori, Joachim Rillo, Johannes Stroebel, Stephen P. Utkus, and Xiao Xu.
www.nber.org/papers/w34446
November 12, 2025 at 9:13 PM
Super interesting!
"Investor Beliefs and Expectation Formation" by Stefano Giglio, Matteo Maggiori, Joachim Rillo, Johannes Stroebel, Stephen P. Utkus, and Xiao Xu.
www.nber.org/papers/w34446
"Investor Beliefs and Expectation Formation" by Stefano Giglio, Matteo Maggiori, Joachim Rillo, Johannes Stroebel, Stephen P. Utkus, and Xiao Xu.
www.nber.org/papers/w34446
This looks like a must-read!
"Frontiers of Digital Finance" edited by Dirk Niepelt.
cepr.org/publications...
"Frontiers of Digital Finance" edited by Dirk Niepelt.
cepr.org/publications...
November 12, 2025 at 9:05 PM
This looks like a must-read!
"Frontiers of Digital Finance" edited by Dirk Niepelt.
cepr.org/publications...
"Frontiers of Digital Finance" edited by Dirk Niepelt.
cepr.org/publications...
Super interesting!
"Breaking Parity: Equilibrium Exchange Rates and Currency Premia" by Mai C. Dao, Pierre-Olivier Gourinchas, and Oleg Itskhoki.
www.nber.org/papers/w34443
"Breaking Parity: Equilibrium Exchange Rates and Currency Premia" by Mai C. Dao, Pierre-Olivier Gourinchas, and Oleg Itskhoki.
www.nber.org/papers/w34443
November 11, 2025 at 5:38 PM
Super interesting!
"Breaking Parity: Equilibrium Exchange Rates and Currency Premia" by Mai C. Dao, Pierre-Olivier Gourinchas, and Oleg Itskhoki.
www.nber.org/papers/w34443
"Breaking Parity: Equilibrium Exchange Rates and Currency Premia" by Mai C. Dao, Pierre-Olivier Gourinchas, and Oleg Itskhoki.
www.nber.org/papers/w34443
Super interesting!
"The Impact of Fiscal Policy on Inflation Expectations" by Francisco Arizala, Santiago Bazdresch, Tomohide Mineyama, and Shiqing Hua.
www.elibrary.imf.org/view/journal...
"The Impact of Fiscal Policy on Inflation Expectations" by Francisco Arizala, Santiago Bazdresch, Tomohide Mineyama, and Shiqing Hua.
www.elibrary.imf.org/view/journal...
November 10, 2025 at 10:03 PM
Super interesting!
"The Impact of Fiscal Policy on Inflation Expectations" by Francisco Arizala, Santiago Bazdresch, Tomohide Mineyama, and Shiqing Hua.
www.elibrary.imf.org/view/journal...
"The Impact of Fiscal Policy on Inflation Expectations" by Francisco Arizala, Santiago Bazdresch, Tomohide Mineyama, and Shiqing Hua.
www.elibrary.imf.org/view/journal...
Food for thought!
"Monetary Policy without an Anchor" by Luigi Bocola, Alessandro Dovis, Kasper Jørgensen, and Rishabh Kirpalani.
www.nber.org/papers/w34436
"Monetary Policy without an Anchor" by Luigi Bocola, Alessandro Dovis, Kasper Jørgensen, and Rishabh Kirpalani.
www.nber.org/papers/w34436
November 9, 2025 at 10:18 PM
Food for thought!
"Monetary Policy without an Anchor" by Luigi Bocola, Alessandro Dovis, Kasper Jørgensen, and Rishabh Kirpalani.
www.nber.org/papers/w34436
"Monetary Policy without an Anchor" by Luigi Bocola, Alessandro Dovis, Kasper Jørgensen, and Rishabh Kirpalani.
www.nber.org/papers/w34436
Super interesting!
"Decoupling Dollar and Treasury Privilege" by Wenxin Du, Ritt Keerati, and Jesse Schreger.
www.imf.org/en/News/Semi...
"Decoupling Dollar and Treasury Privilege" by Wenxin Du, Ritt Keerati, and Jesse Schreger.
www.imf.org/en/News/Semi...
November 8, 2025 at 8:04 PM
Super interesting!
"Decoupling Dollar and Treasury Privilege" by Wenxin Du, Ritt Keerati, and Jesse Schreger.
www.imf.org/en/News/Semi...
"Decoupling Dollar and Treasury Privilege" by Wenxin Du, Ritt Keerati, and Jesse Schreger.
www.imf.org/en/News/Semi...
November 8, 2025 at 7:53 PM
Worth reading!
"Monetary and fiscal policy interactions in the aftermath of an inflationary shock" by Maria Manuel Campos, José Miguel Cardoso-Costa, Sandra Gomes, and Pascal Jacquinot.
www.ecb.europa.eu/pub/pdf/scpw...
"Monetary and fiscal policy interactions in the aftermath of an inflationary shock" by Maria Manuel Campos, José Miguel Cardoso-Costa, Sandra Gomes, and Pascal Jacquinot.
www.ecb.europa.eu/pub/pdf/scpw...
November 7, 2025 at 9:32 PM
Worth reading!
"Monetary and fiscal policy interactions in the aftermath of an inflationary shock" by Maria Manuel Campos, José Miguel Cardoso-Costa, Sandra Gomes, and Pascal Jacquinot.
www.ecb.europa.eu/pub/pdf/scpw...
"Monetary and fiscal policy interactions in the aftermath of an inflationary shock" by Maria Manuel Campos, José Miguel Cardoso-Costa, Sandra Gomes, and Pascal Jacquinot.
www.ecb.europa.eu/pub/pdf/scpw...
Highly relevant!
"Putting US Fiscal Policy on a Sustainable Path" by Karen Dynan and Douglas Elmendorf.
"A meaningful shift toward a sustainable debt path in the United States seems unlikely to be accomplished soon."
pubs.aeaweb.org/doi/pdfplus/...
"Putting US Fiscal Policy on a Sustainable Path" by Karen Dynan and Douglas Elmendorf.
"A meaningful shift toward a sustainable debt path in the United States seems unlikely to be accomplished soon."
pubs.aeaweb.org/doi/pdfplus/...
November 6, 2025 at 10:45 PM
Highly relevant!
"Putting US Fiscal Policy on a Sustainable Path" by Karen Dynan and Douglas Elmendorf.
"A meaningful shift toward a sustainable debt path in the United States seems unlikely to be accomplished soon."
pubs.aeaweb.org/doi/pdfplus/...
"Putting US Fiscal Policy on a Sustainable Path" by Karen Dynan and Douglas Elmendorf.
"A meaningful shift toward a sustainable debt path in the United States seems unlikely to be accomplished soon."
pubs.aeaweb.org/doi/pdfplus/...
Super interesting food for thought!
Is U.S. Government Debt Unsustainable?" by Pierpaolo Benigno
"Treasury debt is sustainable not because it is inflated away, but because it is effectively guaranteed by the central bank."
pierpa612.substack.com/p/is-us-gove...
Is U.S. Government Debt Unsustainable?" by Pierpaolo Benigno
"Treasury debt is sustainable not because it is inflated away, but because it is effectively guaranteed by the central bank."
pierpa612.substack.com/p/is-us-gove...
November 6, 2025 at 10:44 AM
Super interesting food for thought!
Is U.S. Government Debt Unsustainable?" by Pierpaolo Benigno
"Treasury debt is sustainable not because it is inflated away, but because it is effectively guaranteed by the central bank."
pierpa612.substack.com/p/is-us-gove...
Is U.S. Government Debt Unsustainable?" by Pierpaolo Benigno
"Treasury debt is sustainable not because it is inflated away, but because it is effectively guaranteed by the central bank."
pierpa612.substack.com/p/is-us-gove...
Highly relevant!
"Industrial Policy Since the Great Financial Crisis", by Simon Evenett, Adam Jakubik, Jaden Kim, Fernando Martín, Samuel Pienknagura, Michele Ruta, Sandra Baquie, Yueling Huang, and Rafael Machado Parente.
www.elibrary.imf.org/view/journal...
"Industrial Policy Since the Great Financial Crisis", by Simon Evenett, Adam Jakubik, Jaden Kim, Fernando Martín, Samuel Pienknagura, Michele Ruta, Sandra Baquie, Yueling Huang, and Rafael Machado Parente.
www.elibrary.imf.org/view/journal...
November 5, 2025 at 7:09 PM
Highly relevant!
"Industrial Policy Since the Great Financial Crisis", by Simon Evenett, Adam Jakubik, Jaden Kim, Fernando Martín, Samuel Pienknagura, Michele Ruta, Sandra Baquie, Yueling Huang, and Rafael Machado Parente.
www.elibrary.imf.org/view/journal...
"Industrial Policy Since the Great Financial Crisis", by Simon Evenett, Adam Jakubik, Jaden Kim, Fernando Martín, Samuel Pienknagura, Michele Ruta, Sandra Baquie, Yueling Huang, and Rafael Machado Parente.
www.elibrary.imf.org/view/journal...
Very valuable!
"Measuring Geoeconomics" by Laurent Ferrara and Jamel Saadaoui.
papers.ssrn.com/sol3/papers....
"Measuring Geoeconomics" by Laurent Ferrara and Jamel Saadaoui.
papers.ssrn.com/sol3/papers....
November 4, 2025 at 9:14 PM
Very valuable!
"Measuring Geoeconomics" by Laurent Ferrara and Jamel Saadaoui.
papers.ssrn.com/sol3/papers....
"Measuring Geoeconomics" by Laurent Ferrara and Jamel Saadaoui.
papers.ssrn.com/sol3/papers....
Highly relevant!
"Central Banks' Contribution to Financial Stability: From Central Bank Money Issuance to Macroprudential Supervision" by Richard Senner.
papers.ssrn.com/sol3/papers....
"Central Banks' Contribution to Financial Stability: From Central Bank Money Issuance to Macroprudential Supervision" by Richard Senner.
papers.ssrn.com/sol3/papers....
November 3, 2025 at 3:41 PM
Highly relevant!
"Central Banks' Contribution to Financial Stability: From Central Bank Money Issuance to Macroprudential Supervision" by Richard Senner.
papers.ssrn.com/sol3/papers....
"Central Banks' Contribution to Financial Stability: From Central Bank Money Issuance to Macroprudential Supervision" by Richard Senner.
papers.ssrn.com/sol3/papers....
Very valuable!
"Evolving Practices in Public Investment Management"
"Since 2008, the Bank for International Settlements and the World Bank have organised – jointly with cosponsoring central banks – the Public Investors Conference..."
www.publicinvestorsconference.com/proceedings/...
"Evolving Practices in Public Investment Management"
"Since 2008, the Bank for International Settlements and the World Bank have organised – jointly with cosponsoring central banks – the Public Investors Conference..."
www.publicinvestorsconference.com/proceedings/...
November 2, 2025 at 10:34 AM
Very valuable!
"Evolving Practices in Public Investment Management"
"Since 2008, the Bank for International Settlements and the World Bank have organised – jointly with cosponsoring central banks – the Public Investors Conference..."
www.publicinvestorsconference.com/proceedings/...
"Evolving Practices in Public Investment Management"
"Since 2008, the Bank for International Settlements and the World Bank have organised – jointly with cosponsoring central banks – the Public Investors Conference..."
www.publicinvestorsconference.com/proceedings/...
US Economy – How are you doing?
We expect what we call a mild stagflationary episode, in which meager economic growth and somewhat elevated inflation will occur together.
open.substack.com/pub/imenecon...
We expect what we call a mild stagflationary episode, in which meager economic growth and somewhat elevated inflation will occur together.
open.substack.com/pub/imenecon...
November 2, 2025 at 10:10 AM
US Economy – How are you doing?
We expect what we call a mild stagflationary episode, in which meager economic growth and somewhat elevated inflation will occur together.
open.substack.com/pub/imenecon...
We expect what we call a mild stagflationary episode, in which meager economic growth and somewhat elevated inflation will occur together.
open.substack.com/pub/imenecon...
Super interesting!
"World Cycles Revisited: Diverging Trends in Prices and Quantities" by Antoine Camous, Eric Monnet, and Damien Puy.
www.banque-france.fr/en/publicati...
"World Cycles Revisited: Diverging Trends in Prices and Quantities" by Antoine Camous, Eric Monnet, and Damien Puy.
www.banque-france.fr/en/publicati...
November 1, 2025 at 2:33 PM
Super interesting!
"World Cycles Revisited: Diverging Trends in Prices and Quantities" by Antoine Camous, Eric Monnet, and Damien Puy.
www.banque-france.fr/en/publicati...
"World Cycles Revisited: Diverging Trends in Prices and Quantities" by Antoine Camous, Eric Monnet, and Damien Puy.
www.banque-france.fr/en/publicati...
A good read!
"Exploring the concept of uniformity of money" by Severin Bernhard and Philipp Haene.
www.snb.ch/en/publicati...
"Exploring the concept of uniformity of money" by Severin Bernhard and Philipp Haene.
www.snb.ch/en/publicati...
October 31, 2025 at 4:44 PM
A good read!
"Exploring the concept of uniformity of money" by Severin Bernhard and Philipp Haene.
www.snb.ch/en/publicati...
"Exploring the concept of uniformity of money" by Severin Bernhard and Philipp Haene.
www.snb.ch/en/publicati...
Super interesting!
"Tariffs and Technological Hegemony" by Luca Fornaro and Martin Wolf.
crei.cat/wp-content/u...
"Tariffs and Technological Hegemony" by Luca Fornaro and Martin Wolf.
crei.cat/wp-content/u...
October 30, 2025 at 9:59 PM
Super interesting!
"Tariffs and Technological Hegemony" by Luca Fornaro and Martin Wolf.
crei.cat/wp-content/u...
"Tariffs and Technological Hegemony" by Luca Fornaro and Martin Wolf.
crei.cat/wp-content/u...
October 29, 2025 at 9:27 PM
Really cool: WTO and IMF economists develop new indicator to measure global trade policy dynamics!
www.wto.org/english/news...
www.wto.org/english/news...
October 28, 2025 at 3:46 PM
Really cool: WTO and IMF economists develop new indicator to measure global trade policy dynamics!
www.wto.org/english/news...
www.wto.org/english/news...
Since the government shutdown started in the United States, alternative sources of price developments have become even more important.
The HBS Pricing Lab is valuable!
www.pricinglab.org/tariff-track...
Updated working paper by Cavallo, Llamas, and Vazquez:
www.pricinglab.org/files/Tracki...
The HBS Pricing Lab is valuable!
www.pricinglab.org/tariff-track...
Updated working paper by Cavallo, Llamas, and Vazquez:
www.pricinglab.org/files/Tracki...
October 28, 2025 at 12:30 PM
Since the government shutdown started in the United States, alternative sources of price developments have become even more important.
The HBS Pricing Lab is valuable!
www.pricinglab.org/tariff-track...
Updated working paper by Cavallo, Llamas, and Vazquez:
www.pricinglab.org/files/Tracki...
The HBS Pricing Lab is valuable!
www.pricinglab.org/tariff-track...
Updated working paper by Cavallo, Llamas, and Vazquez:
www.pricinglab.org/files/Tracki...
Super interesting!
"The impact of interest: How loan rates shape firm investment" by Lea Best, Benjamin Born, and Manuel Menkhoff.
Blogpost:
cepr.org/voxeu/column...
Working paper:
papers.ssrn.com/sol3/papers....
"The impact of interest: How loan rates shape firm investment" by Lea Best, Benjamin Born, and Manuel Menkhoff.
Blogpost:
cepr.org/voxeu/column...
Working paper:
papers.ssrn.com/sol3/papers....
October 27, 2025 at 7:28 PM
Super interesting!
"The impact of interest: How loan rates shape firm investment" by Lea Best, Benjamin Born, and Manuel Menkhoff.
Blogpost:
cepr.org/voxeu/column...
Working paper:
papers.ssrn.com/sol3/papers....
"The impact of interest: How loan rates shape firm investment" by Lea Best, Benjamin Born, and Manuel Menkhoff.
Blogpost:
cepr.org/voxeu/column...
Working paper:
papers.ssrn.com/sol3/papers....
Here is what our network liked (selection): The new causal macroeconomics of surveys and experiments, the euro and its history, the IMF World Economic Outlook, and much more…
open.substack.com/pub/imenecon...
open.substack.com/pub/imenecon...
October 27, 2025 at 8:49 AM
Here is what our network liked (selection): The new causal macroeconomics of surveys and experiments, the euro and its history, the IMF World Economic Outlook, and much more…
open.substack.com/pub/imenecon...
open.substack.com/pub/imenecon...
Super interesting!
"Commodity-driven Macroeconomic Fluctuations: Does Size Matter?" by Patricia Gomez-Gonzalez, Maximiliano Jerez-Osses, Vida Maver, Jorge Miranda-Pinto, and Jean-Marc Natal.
www.elibrary.imf.org/view/journal...
"Commodity-driven Macroeconomic Fluctuations: Does Size Matter?" by Patricia Gomez-Gonzalez, Maximiliano Jerez-Osses, Vida Maver, Jorge Miranda-Pinto, and Jean-Marc Natal.
www.elibrary.imf.org/view/journal...
October 25, 2025 at 2:59 PM
Super interesting!
"Commodity-driven Macroeconomic Fluctuations: Does Size Matter?" by Patricia Gomez-Gonzalez, Maximiliano Jerez-Osses, Vida Maver, Jorge Miranda-Pinto, and Jean-Marc Natal.
www.elibrary.imf.org/view/journal...
"Commodity-driven Macroeconomic Fluctuations: Does Size Matter?" by Patricia Gomez-Gonzalez, Maximiliano Jerez-Osses, Vida Maver, Jorge Miranda-Pinto, and Jean-Marc Natal.
www.elibrary.imf.org/view/journal...
Highly relevant!
"The Economic Consequences of War" by Efraim Benmelech and Joao Monteiro.
www.nber.org/papers/w34389
"The Economic Consequences of War" by Efraim Benmelech and Joao Monteiro.
www.nber.org/papers/w34389
October 24, 2025 at 9:17 PM
Highly relevant!
"The Economic Consequences of War" by Efraim Benmelech and Joao Monteiro.
www.nber.org/papers/w34389
"The Economic Consequences of War" by Efraim Benmelech and Joao Monteiro.
www.nber.org/papers/w34389