Super interesting food for thought!
"Inflation narratives and expectations" by Giovanni Trebbi.
www.ecb.europa.eu/pub/pdf/scpw...
@intmon.bsky.social
The International and Monetary Economics Network covers a broad range of topics in international and monetary economics. The network comprises alums of the Universities of Bern and Basel and everyone interested in international and monetary economics.
Super interesting food for thought!
"Inflation narratives and expectations" by Giovanni Trebbi.
www.ecb.europa.eu/pub/pdf/scpw...
Highly relevant!
"Monetary Sovereignty – Addressing the Challenges of a Digitalized and Multipolar World" by Ulrich Bindseil and Richard Senner.
papers.ssrn.com/sol3/papers....
Wow, super interesting!
"Colors of Growth" by Lars Boerner, Tim Reinicke, Samad Sarferaz, and Battista Severgnini.
papers.ssrn.com/sol3/papers....
A lot of super interesting food for thought in this Quarterly Report on the Euro Area!
It includes an interesting chapter on "Monetary policy and labour supply in the euro area" by F. Bloise, C. Cantore, M. Licchetta, and G. Ragusa.
economy-finance.ec.europa.eu/publications...
Highly recommended!
"Liquidity Traps: A Unified Theory of the Great Depression and the Great Recession" by Gauti B. Eggertsson and Sergei K. Egiev.
Journal of Economic Literature:
www.aeaweb.org/articles?id=...
Ungated version:
www.nber.org/papers/w33195
Super interesting!
"Unraveling the Drivers of Energy-saving Technical Change" by Diego R. Känzig and Charles T. Williamson.
"Proposing a new measure of energy-saving technology, we study the underlying drivers in a semi-structural model of the U.S. economy."
www.nber.org/papers/w34511
Very valuable!
2026 European Macroeconomic Report
This new European Macroeconomic Report (EMR) aimes "to inform strategic policy choices to strengthen the euro area and EU’s resilience in the face of a rapidly evolving global order."
economy-finance.ec.europa.eu/document/dow...
Super interesting!
"Monetary transmission with frequent policy events" by Carlo Altavilla, Refet S. Gürkaynak, Thilo Kind, and Luc Laeven.
www.ecb.europa.eu/pub/pdf/scpw...
Highly relevant!
There is a revised version of "The Granular Origins of Inflation" by Santiago Alvarez-Blaser, Raphael Auer, Sarah M. Lein, and Andrei A. Levchenko.
www.nber.org/papers/w33404
Super interesting!
"The Economic Value of Nations (for Others)" by Hans Gersbach, Paul Maxence Maunoir, and Kieran James Walsh.
VoxEU Column: cepr.org/voxeu/column...
Paper: cepr.org/publications...
Great news! Florin Bilbiie is working on a book project!
Heterogeneous Agent Macroeconomics: A Tractable New Keynesian Framework (forthcoming MIT Press).
Draft chapters are available here:
sites.google.com/site/florinb...
Super interesting!
"Central Bank Losses and Inflation: 350 Years of Evidence" by Anna Grodecka-Messi, Martin Kliem, and Gernot J. Müller.
www.riksbank.se/globalassets...
US Economy – How are you doing?
We anticipate a mild stagflationary episode, characterized by meager economic growth and somewhat elevated inflation, this winter.
imeneconomics.substack.com/p/us-economy...
Highly relevant!
"The rise of tokenised money market funds" by Matteo Aquilina, Ulf Lewrick, Federico Ravenna, and Lorenzo Schönleber.
www.bis.org/publ/bisbull...
Super interesting!
"Mind the Gap: Disagreement and Credible Monetary Policy" by Francesco Amodeo.
sites.google.com/view/framode...
Super relevant!
"Revisiting the regulatory capital stack" by Claudio Borio, Rodrigo Coelho, Fernando Restoy, and Nikola Tarashev.
www.bis.org/fsi/fsibrief...
Highly recommended!
"Tariffs and Monetary Policy" by Tommaso Monacelli.
"Import tariffs can be either contractionary or expansionary, depending on whether the central bank targets CPI inflation or a narrower measure of domestic goods (PPI) inflation."
drive.google.com/file/d/1wy1c...
Super interesting!
"Who Benefits from Capital Market Integration in a Monetary Union?" by Naomi Cohen.
ncohenecon.github.io/CMU_JMP_Cohe...
These are challenging times for monetary policy, central bank independence, and public finances. It's high time to have another look at books like this one!
"A Monetary and Fiscal History of the United States, 1961–2021" by Alan S. Blinder.
amzn.to/43Kq4WK
Super interesting!
"FX debt and optimal exchange rate hedging" by Laura Alfaro, Julián Caballero, and Bryan Hardy.
www.bis.org/publ/work130...
Super interesting!
"The fiscal sources of euro area inflation through the lens of the Bernanke-Blanchard model" by Dennis Bonam, Mariana Montserrat Cerra Pacheco, and Cristina Checherita-Westphal.
www.ecb.europa.eu/pub/pdf/scpw...
Great topic and amazing speaker!
Webinar: Revisiting Monetary Sovereignty
Richard Senner (the presentation is based on joint work with Ulrich Bindseil)
⏲️ November 21, 12:00 – 13:00 Central European Time
REGISTRATION: forms.office.com/r/cjG8ADNfeA
Link to paper:
papers.ssrn.com/sol3/papers....
Great topic and amazing speaker!
Webinar: Revisiting Monetary Sovereignty
Richard Senner (the presentation is based on joint work with Ulrich Bindseil)
⏲️ November 21, 12:00 – 13:00 Central European Time
REGISTRATION: forms.office.com/r/cjG8ADNfeA
Link to paper:
papers.ssrn.com/sol3/papers....
Highly recommended!
"Our Underappreciated International Reserve System" by Serkan Arslanalp, Barry Eichengreen, and Chima Simpson-Bell.
www.nber.org/papers/w34478
Very valuable!
"Evaluating the Implications of CBDC for Financial Stability" by Marco Gross, Marcello Miccoli, Jeanne Verrier, and Germán Villegas-Bauer.
www.imf.org/en/-/media/f...
In case you missed our recent assessment of the euro area: open.substack.com/pub/imenecon...
15.11.2025 22:43 — 👍 1 🔁 0 💬 0 📌 0This looks like a must-read!
"No, the EU does not impose a 45% tariff on itself" by Keith Head and Thierry Mayer.
cepr.org/voxeu/column...
Highly relevant (though not really surprising)!
"Elections Matter: Capital Flows and Political Cycles" by Maria Arakelyan and Tatiana Evdokimova.
www.elibrary.imf.org/view/journal...
Super interesting!
"What Is a Tariff Shock? Insights from 150 years of Tariff Policy" by Régis Barnichon and Aayush Singh.
www.frbsf.org/wp-content/u...
Euro area – How are you doing?
imeneconomics.substack.com/p/euro-area-...