📢 New WP alert! 🧩 Technology, Geopolitics, and Trade — with Leo Lam We study unilateral export controls in a world where geopolitical distance raises contract risk in tech licensing. Paper here: doi.org/10.20955/wp....

En el último episodio de Future is blue (Funcas Europe) @anamarias.bsky.social (St. Louis Fed) analiza los retos de Europa ante la fragmentación del comercio global. Con la reflexión final de @miguelgonzsim.bsky.social (Funcas). share.transistor.fm/s/9611f90c #ComercioInternacional #UE #China

@a-gaillard.bsky.social @anamarias.bsky.social‬ et al. document geopolitical shifts using new data on trade, tech, and input concentration & highlight the strategic vulnerabilities facing advanced economies, particularly in Europe, as trade becomes more politicised. cepr.org/voxeu/column... #EconSky

Worth reading carefully! "Recent Evolutions in the Global Trade System: From Integration to Strategic Realignment" by Florencia Airaudo, François de Soyres, Alexandre Gaillard, and Ana Maria Santacreu. www.ecb.europa.eu/pub/pdf/sint...

🔵 Watch live: the #ECBForum on Central Banking panel discussion on new industrial developments and the evolving architecture of international trade with: - Piero Cipollone - Ana Maria Santacreu - Diego Comin Follow the event europa.eu/!9F4cq3

Wrapped up an amazing few days at the ECB Forum on Central Banking—had the chance to present our paper and dive into some great conversations on trade, tech, and geopolitics. 🔗 www.ecb.europa.eu/press/confer...

Fantastic meeting with friend @anamarias.bsky.social at the Society of Economic Dynamics conference in Copenhagen ❤️❤️❤️ #SED

I'm seeing a huge spike in interest in tariffs from people who normally don't work in the economics of international trade. Here are a few useful things to know about them. (1/14)

Vietnam Offers to Drop U.S. Tariffs to Zero. www.nytimes.com/2025/04/06/w...

It's time to read "Bilateral Trade Imbalances" by Alejandro Cunat & Robert Zymek (REStud 2024) "large and pervasive asymmetries in trade barriers are required to account for most of the observed variation in bilateral imbalances" doi.org/10.1093/rest... via @anamarias.bsky.social

Great new @trade--talks.bsky.social episode! @chadpbown.com and @soumayakeynes.ft.com dive deep into Trump's #TariffDay! US Tariffs increased dramatically. What does this historic shift mean for global trade?

Great insights from @pkrugman.bsky.social : The world's changed since his work on agglomeration economies. Geographic concentration of tech now pose geopolitical risks we hadn't imagined. Industrial policy isn't just about growth anymore; it's about security and [email protected]

An amazing conference <3

Fantastic conference! Had very inspirational conversations and discussions at last year's iteration. Paper submissions until April, 30 👇

📢 Call for Papers! 📢 The 6th Women in International Economics Conference will be held at Yale University on Oct 16-17, 2025. Keynote speaker: Penny Goldberg. We invite submissions from junior women in international economics. 📅 Deadline: April 30, 2025 📩 Submit here: forms.gle/ucoE6ZcjqwQ1...

Nice FT write-up of our new Brexit & trade paper by the always excellent @pmdfoster.bsky.social Rightly notes that our findings (goods exports⬇️6.4% due to TCA, imports ⬇️3.1%) suggest OBR's forecast (long-run trade ⬇️15%) may be an over-estimate of the impact of Brexit on.ft.com/4iK8esS

US graphite producers want a whopping 920% tariff applied to imports of the mineral from China. That would hurt Tesla & other EV/battery makers who have lobbied against tariffs. Latest @bloomberg.com story with the great @whereisted.bsky.social: www.bloomberg.com/news/article...

What Donald Trump’s tariff promises might really turn out to be in delivery. My @bloomberglp.bsky.social colleagues and I came up with a plausible scenario: www.bloomberg.com/news/feature...

Gracias al Grupo de investigación INTECO de @uvalencia.bsky.social y @ujiuniversitat.bsky.social por su XXI workshop donde quienes investigamos en temas de integración económica presentamos nuestros trabajos y escuchamos los de colegas como @anamarias.bsky.social y @jordipaniagua.bsky.social

Yesterday I presented ongoing research on intra-firm cross-border interest flows and tax incentives (with Stefan Goldbach, Arne Nagengast and Georg Wamser) at ESHCC Erasmus University Rotterdam in the interdisciplinary Workshop “The Netherlands a Tax Paradise?”

Really relevant paper for the aftermath of the floods in Valencia (Spain)

At the INTECO workshop in Castellon with @anamarias.bsky.social

"la productividad ha tenido un peor comportamiento con respecto a otras economías avanzadas durante las últimas tres décadas ... muchas políticas sociales emprendidas por el actual gobierno se sostienen implícitamente sobre la perspectiva de que la productividad tenderá a mejorar."

📈 The St. Louis Fed Research Division has a brand new web experience! www.stlouisfed.org is now your one-stop shop for all things economic. - Cutting-edge research 🔍 - Expert commentary 🗣️ - Data: FRED 📊 - EconLowdown 🏫 - History: FRASER 📜 - Fed History #FRED #FRASER #EconEd #FedHistory

Hi #EconSky, I just set up this international trade research and policy starter pack Not sure how this works exactly, but please add/let me know of other trade research and policy people that I missed go.bsky.app/NghAP3m

Using KITE model with input-output linkages (à la Caliendo & Parro 2015) we find somewhat smaller price effects. Still pretty significant though, CPI + ~0.9%. More tomorrow.

Two interesting charts from @josephpolitano.bsky.social, calling for two questions. Is high US productivity growth the result of running the economy hot? Did tradable services (temporarily?) replace manufacturing as the engine of growth?

Why Multinationals’ Investment in Tax Havens Yields Higher Returns, my latest @stlouisfed blogpost with @AshleyStew96111 www.stlouisfed.org/on-the-econo...

For those who prefer reading, my recent conversation with @soumayakeynes.bsky.social has a transcript. We tackle all the common arguments about why Trump's tariffs won't be all that bad... But they would be. www.ft.com/content/48f5... via @financialtimes.com

In 2017, the Tax Cut and Jobs Act, arguably the largest corporate tax cut in US history, was signed into law. We spoke with Eric Zwick of Chicago Booth School of Business about the costs and benefits of the TCJA, as well as future policy implications. #econsky www.aeaweb.org/research/bus...

Geopolitics and international technology trade | FRED Blog fredblog.stlouisfed.org/2024/11/geop...

Amazing to participate in the 5th edition of this conference! When we started in 2020 online, this was unimaginable. Thanks to the fantastic new organizers and Princeton IES for hosting us! @anamarias.bsky.social @stefaniagaretto.bsky.social @kalemli-ozcan.bsky.social @linnealorentzen.bsky.social

There's been a lot of debate about what economic theory says regarding tariffs. Drawing on my research with quantitative economic models, here's a thread explaining the textbook logic for why "tariffs are bad" for revenue generation. 🧵 Let’s dive in!

Here is my attempt to systematically think through possible consequences of new Trump tariffs Suppose US imposes 20% tariff on all goods imports Effect 1: higher prices for goods imported into US. This hurts US consumers by raising living costs 1/

Fantastic group of economists!! It was a productive and fun conference!! #wie2024

Can Trump Reduce the Trade Deficit?: @pkrugman.bsky.social stonecenter.gc.cuny.edu/can-trump-re...

How to dodge a tariff My column this week for the @financialtimes.com 1st 300 clicks free to read... on.ft.com/3CDBKzA

Kicking off the Fifth Women in International Economics Conference at Princeton University gceps.princeton.edu/WIE2024/

Mi entrada en Nada es Gratis sobre el efecto de la reforma fiscal del 2017 en los activos intangibles de las multinacionales estadounidenses: nadaesgratis.es/admin/el-imp...

The U.S. Income Balance Puzzle on.cfr.org/48ytPzy by Brad Setser

New paper on cross-border patenting and globalization (and new dataset!!!): www.cesifo.org/en/publicati...