Dublin has become a true home, so leaving definitely feels bittersweet. But I’m truly excited to move to Paris, join the amazing Econ community there, and start working on European issues. Exciting times ahead!

See you in Paris, at conferences, or around!🚀

Huge thanks to everyone who supported, advised, and inspired me on this journey! I’ve grown a lot, learned tons, and made lifelong friends. Grateful to my supervisors, the whole faculty at TCD, co-authors, family, friends, and UCD for welcoming me this academic year.

🧵 A summary thread on the paper is available here: x.com/simone_arrig...

📑 The full paper can be accessed here (open access): link.springer.com/article/10.1...

Ireland seems to defy the rise of "inheritocracy."

The article links this to rapid economic growth. Our paper finds inheritance in Ireland has little impact on wealth inequality, unlike in Europe, due to inheritances aiding property ownership, rising asset prices, and a wage-rental income shifts.

Thank you very much for including my paper!

Grazie Andrea!!

#EconSky

Thank you Rebecca!

My dissertation examines dynamics within and between international macro and wealth/income inequality dimensions.

~ JMP (Ch4): lnkd.in/d5v8xTsm
~ Ch1: lnkd.in/gJUWPn7e (IMF Econ Rev)
~ Ch2: lnkd.in/dtz6prz9 ( J Econ Inequal)
~ Ch3: lnkd.in/d-pnJhD3 (JMacro)

Recently posted about my JMP, Thanks Khoa!
bsky.app/profile/simo...

People made me notice that if you click on my website link it does not work.
This is because bluesky truncates the https.

Type this full link or you can just use the one in my bio
"https://www.simone-arrigoni.com/home"

🔚 The End! (for now😉)

Huge thanks to my supervisors Agustín Bénétrix & @davideromelli.bsky.social, co-authors, Ph.D. colleagues, and everyone at @tcdeconomics.bsky.social for their invaluable support along the journey!

🌐 More about my research: simone-arrigoni.com
👉 JMP: tinyurl.com/4e2y9598
11/11

⚖️ High US interest rates in recent years underscore the importance of this study. Recipient countries can use these findings to inform policies that mitigate spillover effects (e.g., redistribution, capital controls).

🔮 Future research: spillovers from other CBs, types of monetary policy.

10/11

Model's bottom line: inequality shapes foreign monetary policy spillovers to GDP mainly via the financial channel.

Do the data support this? Yes.
I study the interaction between inequality and financial openness. Financially closed (open): higher inequality = weaker (stronger) spillovers.

9/11

Bond mkt access within-country: constrained ×, unconstrained ✓.
But unconstrained HHs differ btwn countries (home bias, fees,...).

I raise foreign bond holding cost for country 3, now representing an EME. This replicates the empirical result for EMEs: higher inequality = weaker spillovers.

8/11

In the baseline scenario (classic spillover), US monetary tightening causes a GDP contraction in foreign countries, a stronger dollar, and reduced exports.

As in the empirics, higher inequality (higher proportion of constrained households) amplifies negative spillovers in foreign countries.

7/11

Why? 🔍Theoretical framework
Scope: understand what drives the discrepancy of the effects between AEs and EMEs.

Open-economy model of Eichenbaum et al. (2021)
+ household heterogeneity: financially constrained vs unconstrained HHs. Gini generated by income differences between the two HHs.

6/11