📢 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...

ECB Forum on Central Banking

The European Central Bank (ECB) is the central bank of the European Union countries which have adopted the euro. Our main task is to maintain price stability in the euro area and so preserve the purch...

ecb.europa.eu

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...

Vietnam Urges United States to Delay Imposing Tariffs On It

In recent years Vietnam has forged strategic and economic links with the United States, its former foe, making the steep tariff rate all the more of a shock.

nytimes.com

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

Bilateral Trade Imbalances

Abstract. If sectoral trade flows obey structural gravity, countries’ bilateral trade imbalances are the result of macro trade imbalances, “triangular trad

doi.org

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?

Trade Talks Podcast@trade--talks.bsky.social · last yr.

NEW EPISODE Old friend @soumayakeynes.ft.com joins @chadpbown.com on an emergency episode explaining President Trump’s sweeping April 2 tariff announcement. They cover history, the dollar, and even the U.S. legal system to clarify what we know about the tariff actions so far.

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 resilience.@chadbown.bsky.social

Trade Talks Podcast@trade--talks.bsky.social · last yr.

NEW: Nobel Laureate @pkrugman.bsky.social joins to discuss historical lessons plus new thinking on trade, concerns over geographically concentrated production, industrial policy, AI, the Draghi Report, as well as tariffs under President Trump. 🎧 Listen 🎧: tradetalkspodcast.com/podcast/206-...

An amazing conference <3

Ana Maria Santacreu@anamarias.bsky.social · last yr.

📢 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...

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

Ana Maria Santacreu@anamarias.bsky.social · last yr.

📢 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...

📢 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

Brexit hit to UK trade less than predicted, says study

Larger companies have adapted to red tape at the border, according to London School of Economics research

on.ft.com

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...

US Graphite Firms Seek 920% Duty to Thwart China on EV Material

US producers of a crucial material used in electric vehicle batteries have initiated a trade action seeking sharp tariff increases on Chinese graphite, arguing that Beijing’s massive state subsidies a...

bloomberg.com

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...

A Roadmap Through the Drama and Realities of Trump’s Trade War

Trump’s tariffs could go in many different directions. Understanding the strategy from his first term, and the priorities of his new team, reveals a potential path ahead.

bloomberg.com

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)

Sandy Black@econsandy.bsky.social · 2y ago

How do firms respond when faced with climate shocks? Tarikua Erda's research examines how firms adjust physical capital investment and entry/exit decisions, providing key evidence to a long-standing puzzle. (Among other interesting projects: www.tarikuaerda.com)

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."

Nada es Gratis@nadaesgratis.bsky.social · 2y ago

La productividad tras la pandemia: sabemos menos de lo que pensamos (I) nadaesgratis.es/admin/la-pro... Vía @nadaesgratis.bsky.social #Economía

📈 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

Federal Reserve Bank of St. Louis

As part of the Federal Reserve System, the St. Louis Fed works to promote a healthy economy and financial stability.

stlouisfed.org

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.

Kyle Meng@kylemeng.com · 2y ago

Model solves for new U.S. consumer prices for all products. Here are products with US price increases >2%, up to 13%. Lots of industrial inputs & food products, unsurprisingly given CAN/MEX/PRC imports. Model doesn't have input-output linkages, so prices for downstream products may rise more. 2/3

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...

The Puzzle of Multinationals’ Profits: Why Tax Havens Yield Higher Returns

An analysis examines how U.S. multinationals’ tax and profit-shifting strategies might affect yields on direct investment in tax havens versus G7 economies.

stlouisfed.org

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

Transcript: Would Trump’s tariffs really be that bad?

Soumaya Keynes talks to economist Kimberly Clausing

ft.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...

Assessing the Effects of the 2017 Tax Cut and Jobs Act

Eric Zwick discusses the impact of the TCJA on the tax code and the economy.

aeaweb.org