Benedicta Marzinotto's Avatar

Benedicta Marzinotto

@bmarzi.bsky.social

Main - University of Udine Visiting Professor - College of Europe Adjunct Lecturer - Johns Hopkins SAIS ex EUI | ex European Commission | ex Bruegel

60 Followers  |  99 Following  |  4 Posts  |  Joined: 17.11.2024  |  1.7345

Latest posts by bmarzi.bsky.social on Bluesky

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The heterogeneous impact of European Central Bank asset price surprises on corporate liquidity demand Theories of corporate liquidity demand build on the notion that firms accumulate cash to safeguard their activities in the face of costly external finance. Monetary policy provides a clear source of ...

The heterogeneous impact of European Central Bank asset price surprises on corporate liquidity demand - Marzinotto - Economica - Wiley Online Library onlinelibrary.wiley.com/doi/full/10....

19.01.2026 17:30 β€” πŸ‘ 0    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0
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πŸ“’ Save the date: Wie kΓΆnnen Europas Haushalte zukunftsfΓ€hig und krisenresistent gestaltet werden? #ZEW Lunch Debate am 13. November 2025 in BrΓΌssel mit Zsolt Darvas @bruegel.org, @bmarzi.bsky.social, Andreas Schwarz @ec.europa.eu sowie ZEW-Γ–konom Friedrich Heinemann.
www.zew.de/VA4720-1/?tw...

29.10.2025 13:49 β€” πŸ‘ 0    πŸ” 1    πŸ’¬ 0    πŸ“Œ 0
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Does changing the trade regime change the dollar regime? To Mar-a-Lago and beyond The Trump administration is undertaking major changes to the geopolitical and trade arrangements that have been the foundation of the world economy for over 70 years. How will these changes impact the...

Does changing the trade regime change the dollar regime? Our answer is sadly yes @piie.com
New Video four independent lines of argument by @markusbrunner.bsky.social @warwickmck.bsky.social Obstfeld and me
We are seeing a step-change down in dollar centrality
www.piie.com/events/2025/...

25.04.2025 16:48 β€” πŸ‘ 27    πŸ” 13    πŸ’¬ 0    πŸ“Œ 1

The China consumption shock!

24.04.2025 12:46 β€” πŸ‘ 0    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0
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Trade shocks and relative consumption: why the European middle class is turning far right This paper relates radical right political preferences to changes in relative consumption stemming from European countries’ trade exposure to low-quality producers (e.g. China). The availability of...

Trade shocks and relative consumption: why the European middle class is turning far right: Review of International Political Economy: Vol 0, No 0 - Get Access www.tandfonline.com/doi/full/10....

24.04.2025 12:46 β€” πŸ‘ 0    πŸ” 0    πŸ’¬ 1    πŸ“Œ 0
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Modeling a US-EU trade war: Tariffs won't improve US global trade balance America could narrow its merchandise trade deficit with EU countries by imposing tariffs on them, but at a cost of higher inflation and lower GDP than otherwise for the US and nearly all the other EU ...

Our modelling of 25% tariffs on the EU shows that such tariffs would backfire on the US, pushing up prices & slowing economic growth. That’s before likely EU retaliation.
And it would likely have little impact on the global US trade deficit.

26.03.2025 19:38 β€” πŸ‘ 28    πŸ” 12    πŸ’¬ 2    πŸ“Œ 0
The literature on the economic origins of political radicalism revolves largely around the β€˜China shock’. Yet, trade not only causes shifts in the labour market but can also affect living standards via the expenditure channel. This column shows that the relative consumption loss of the European middle classes, who benefit less than low-income consumers from cheap imports from China, and the associated perceived risk of societal decline can explain the large success of right-wing political radicalism in the last three decades, above and beyond standard effects on the supply side.

The literature on the economic origins of political radicalism revolves largely around the β€˜China shock’. Yet, trade not only causes shifts in the labour market but can also affect living standards via the expenditure channel. This column shows that the relative consumption loss of the European middle classes, who benefit less than low-income consumers from cheap imports from China, and the associated perceived risk of societal decline can explain the large success of right-wing political radicalism in the last three decades, above and beyond standard effects on the supply side.

Post- #China shock relative consumption loss of the European middle classes and the associated perceived risk of societal decline can explain the large success of #right-wing political radicalism in the last three decades.
@bmarzi.bsky.social
cepr.org/voxeu/column...
#EconSky

26.02.2025 09:25 β€” πŸ‘ 6    πŸ” 5    πŸ’¬ 0    πŸ“Œ 2

πŸ‘€
journals.sagepub.com/doi/abs/10.1...

11.02.2025 17:58 β€” πŸ‘ 6    πŸ” 1    πŸ’¬ 1    πŸ“Œ 0
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β€˜Less is More’: Consumer Spending and the Size of Economic Stimulus Payments (Forthcoming Article) - We study the consumption response to unexpected transitory income gains of different size, using hypothetical questions from the Italian Survey of Household Income and Wealth. ...

Forthcoming in AEJ: Macroeconomics: "β€˜Less is More’: Consumer Spending and the Size of Economic Stimulus Payments" by Michele Andreolli and Paolo Surico. www.aeaweb.org/articles?id=...

27.11.2024 14:39 β€” πŸ‘ 8    πŸ” 3    πŸ’¬ 0    πŸ“Œ 0

Unique opportunity!!!

25.11.2024 14:35 β€” πŸ‘ 0    πŸ” 1    πŸ’¬ 0    πŸ“Œ 0
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A new stylized fact about firm growth: The shift from labor to intermediate inputs reflects high substitution elasticity and monopsony and pushes down the labor share, from Matthias Mertens and Benjamin Schoefer https://www.nber.org/papers/w33172

24.11.2024 16:00 β€” πŸ‘ 11    πŸ” 6    πŸ’¬ 1    πŸ“Œ 0
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Internationalizing Like China (Forthcoming Article) - We empirically characterize how China is internationalizing its bond market by staggering the entry of different types of foreign investors into its domestic market and propose...

Forthcoming in the AER: "Internationalizing Like China" by Christopher Clayton, Amanda Dos Santos, Matteo Maggiori, and Jesse Schreger. www.aeaweb.org/articles?id=...

22.11.2024 14:49 β€” πŸ‘ 2    πŸ” 2    πŸ’¬ 0    πŸ“Œ 0

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