As a native of Veneto, I’m fascinated by how America’s founding fathers took cues from the Republic of Venice — both as an inspiration for checks and balances, and as a cautionary tale against turning into an oligarchy. Still relevant today in #America250? historywalksvenice.com/article/the-...

The United States of America and the Republic of Venice - History Walks in Venice

The founding fathers of the United States of America sought inspiration, and looked to Venice, the oldest of only two republics in Europe in the 1700s.

historywalksvenice.com

Honoured to see that my work has recently been cited by FRB Vice Chair for Supervision M. W. Bowman in her keynote address at the Reykjavík Economic Conference. www.federalreserve.gov/newsevents/s...

Speech by Vice Chair for Supervision Bowman on monetary policy

Good afternoon. I would like to thank Governor Jónsson for the invitation to take part in the Central Bank of Iceland's Reykjavík Economic Confer

federalreserve.gov

Nicolò Gnocato compares EU regional and global energy shocks' impact on the bloc and finds that while the regional shock still allows firms and consumers to substitute towards cheaper foreign goods and inputs, the global shock closes off this escape route. cepr.org/voxeu/column... #EconSky

Glad and honored to have contributed

European Central Bank@ecb.europa.eu · 3mo ago

Determining how to respond to intermediate inflation deviations is a judgement call, says Chief Economist Philip R. Lane in a speech on energy supply shocks. The appropriate response depends on the circumstances and requires careful analysis. Read his speech www.ecb.europa.eu/press/key/da...

Imports from China: help or hindrance for Europe? When they’re mainly intermediate goods, this can reduce costs and support domestic production. But cheap Chinese final goods can displace demand for EU products. Read more in our #EconomicBulletin www.ecb.europa.eu/press/econom...

⚠️ Updated version of our paper on “Tariffs across the supply chain” with expanded intuition/explanation of the mechanisms in the (nested) simplified version of the full quantitative model 👇 1/6

Nicolò Gnocato 🇺🇦🇪🇺@nicognocato.bsky.social · last yr.

Want to avoid ripple effects on inflation and GDP from tariffs (and retaliation)? Exempt intermediate inputs. Check out our Working Paper (joint with C. Montes-Galdon and G. Stamato)! 🧵1/6

How should central banks react if disruptions in energy markets persist and unemployment rises? Some insight from my paper written in the context of the previous, recent surge in energy prices👇 1/7 ⚠️ Personal views, not necessarily those of the ECB or the Eurosystem

Heartfelt thanks to @faculti.bsky.social for this nice opportunity to showcase the results from my paper! www.sciencedirect.com/science/arti... *Usual disclaimer: views/opinions are my own, not those of the @ecb.europa.eu or Banca d’Italia*

Faculti@faculti.bsky.social · last yr.

Should central banks tolerate higher inflation to shield the unemployed from energy shocks? @nicognocato.bsky.social , @ecb.europa.eu , Banca d'Italia , discusses: faculti.net/when-energy-... #economics

Want to avoid ripple effects on inflation and GDP from tariffs (and retaliation)? Exempt intermediate inputs. Check out our Working Paper (joint with C. Montes-Galdon and G. Stamato)! 🧵1/6

Glad and honored to have been part of the ECB’s 2025 monetary policy strategy assessment. My (little) contribution is based on the results from my recently published JME paper. 📄 workstream report: www.ecb.europa.eu/pub/pdf/scpo... 📄 paper: www.sciencedirect.com/science/arti...

European Central Bank@ecb.europa.eu · last yr.

The aim of the ECB’s strategy assessment has been to make sure our monetary policy strategy remains fit for purpose, both now and in the future. Read all about our strategy on our dedicated webpage www.ecb.europa.eu/mopo/strateg...

Want to avoid ripple effects from tariffs (and retaliation)? Put them on final goods and exempt intermediate inputs. Check out our column on @voxeu.org (based on a work-in-progress paper)!👇 1/2

VoxEU @ CEPR@voxeu.org · last yr.

The effect of US #tariffs on the supply chain vary significantly. Retaliation targeting final & intermediate goods = more GDP loss & more persistent inflation than retaliation targeting only final goods. N Gnocato, V Gunnella, C Montes-Galdon, T Schuler, G Stamato cepr.org/voxeu/column... #EconSky

The thing about Europe: it's the actual land of the free now. Whatever problems Europe has - and it has plenty - it is looking pretty damn good by comparison these days. My Charlemagne this week www.economist.com/europe/2025/...

The thing about Europe: it’s the actual land of the free now

Europe’s very real problems don’t look so bad by comparison

economist.com

elder millennial here. just checking in for my annual “unprecedented times”

I feel you

Joey Politano🏳️‍🌈@josephpolitano.bsky.social · last yr.

Current Mood

Hey #EconSky Economists for Ukraine (econ4ua.org) drafted an open letter to the future German chancellor. We call for 🇩🇪 & 🇪🇺 to step up & to ⬆️ support for #Ukraine. Please read & sign (if you agree), the form is at the end of ✉️): tinyurl.com/m9ta2b5d Please share this letter with your colleagues.

To: The future German chancellor

To: The future German chancellor From: Economists For Ukraine. Dear Chancellor, Congratulations on taking the helm of the Federal Republic of Germany! You are in a perfect storm, and Germany mus...

tinyurl.com

Overjoyed to see my article in press at the Journal of Monetary Economics! 🎉 Here’s the paper: doi.org/10.1016/j.jm... And here’s a summary thread from the earlier (working paper) version: bsky.app/profile/nico... A few additional thoughts and some thanks 1/5

Nicolò Gnocato 🇺🇦🇪🇺@nicognocato.bsky.social · 2y ago

📣 My work “Energy Price Shocks, Unemployment, and Monetary Policy“ is now out as a Bank of Italy Working Paper! Time for a 🧵(link below) Key question: have central banks been too aggressive or too accommodative towards (core) inflation amidst the recent energy shock? 1/9

Home Alone is a magical snapshot of a time when people could afford houses

We've created a starter pack for all of the economics journals on Bluesky. Please nominate other journals to join the list. go.bsky.app/4kR21vX

You can now list your Bluesky account in your RePEc profile, like you already could for Mastodon and Twitter. Log in at the RePEc Author Service, click on "contacts", enter it and save. It will be listed on your profile at IDEAS after the next nightly refresh. authors.repec.org #econsky #RePEc

📣 My work “Energy Price Shocks, Unemployment, and Monetary Policy“ is now out as a Bank of Italy Working Paper! Time for a 🧵(link below) Key question: have central banks been too aggressive or too accommodative towards (core) inflation amidst the recent energy shock? 1/9