Yuriy Gorodnichenko

The genuine peace plan Recently a number of media outlets published a 28-point “peace plan”. In reality, this plan will only escalate the war...

Witkoff-Dmitriev plan RE #Ukraine is wrong & it'd be crazy to start negotiations w an extreme RUS position.

@tderyugina.bsky.social @ilonasolohub.bsky.social, Anastassia Fedyk, James Hodson & I have a counter-proposal that would give genuine peace.

Our 28 points vs RUS 28 points.

#UkrainianView

Developing a scalable, data-driven method to assess public procurement quality, and revealing governance risks like corruption through transparent, comparable metrics, from @tderyugina.bsky.social, Žaldokas, Fedyk, @ygorodnichenko.bsky.social, Hodson, and Sologoub www.nber.org/papers/w34479

More Ammunition for Anti-Corruption Efforts The extensive corruption investigation at Energoatom underscores the importance of detecting and punishing corruption as early as possible. While corruption...

Some reflections on Ukraine's corruption scandal from @ygorodnichenko.bsky.social , @tderyugina.bsky.social , Anastassiya Fedyk
voxukraine.org/en/more-ammu...

Behavioral Macroeconomics Research Boot Camp for Graduate Students

Boot camp in Behavioral Macro is back!

where: Cambridge, Massachusetts

when: May 14–15, 2026

who is eligible: full-time PhD students at a US or Canadian university

#EconSky

A trivia card incorrectly suggesting that borscht is most commonly associated with Russia

This food trivia game card on "borscht" is yet another example of an attribution of a not authentically russian heritage as russian. There's a UNESCO nomination of Ukrainian culture on this dish - and it has versions and names in other Eastern European nations, the word itself coming from Yiddish.

Long overdue

But why was Sachs invited there in the first place?

While the West has been generous in supporting #Ukraine since Russia’s full-scale invasion, its financial aid can be used only for non-military purposes.

This creates distortions that undermine Ukraine’s war effort.

Foreign donors should directly fund defense spending.

#UkrainianView

Call for papers:

sites.lsa.umich.edu/rudib/wp-con...

Submit your work

#EconSky

Trump urged Zelenskyy to accept Putin’s terms or be ‘destroyed’ by Russia US president tossed aside maps of Ukraine frontline in volatile White House meeting

Trump is back to square one...

The variance of U.S. "policy" is incredible. The damage to U.S. credibility is growing

Yuriy Gorodnichenko: Uncertainty Is Becoming the New Normal for the Global Economy Global uncertainty has reached record levels and is already triggering an economic slowdown. Yet Ukraine has been relatively insulated from...

Uncertainty is now a key feature of the global order+the very instruments designed to ensure stability—politics, trade, and the monetary system—have themselves become sources of risk. But #Ukraine, with its large agri sector & limited integration into global fin markets, is in fact less vulnerable.

Congratulations!!!

📊Working Paper No. 7: “What Drives Refugees’ Return After Conflict?”

Survey of 2,500+ Ukrainian refugees across 30 European countries: territorial integrity and security guarantees are key to return.

Read: econ4ua.org/wp-content/u...

Submit research: lnkd.in/gf2nQ5WC

Live Updates: Top Trump Officials Head to Illinois and Oregon

What would Texans say if the President sent Illinois Guard troops to patrol their town? The Second Amendment affirms that people's right to keep local order by locally accountable forces is necessary to the security of a free state. This right is vital for all of us.
www.nytimes.com/live/2025/10...

Terrific title!

Look forward to reading it

EU plans to hand Deripaska-linked assets to Raiffeisen Some European officials worry lifting sanctions would bolster Russian retaliation against western companies

Another [diplomant] said: this would “pay for Raiffeisen’s own risk [taking]” by deciding to continue operating in Russia.

yes, Raiffeisen decided to operate in Russia, decided to continue operations in RU after the invasion of #Ukraine. Raiffeisen has to face the consequences & pay the price.

A rent freeze is not the answer to New York’s housing crisis If he is elected mayor, Zohran Mamdani should concentrate on expanding supply

Stijn Van Nieuwerburgh makes a strong case.

A Nobel laureate on why stablecoins may be nothing of the sort Payments systems must be built on public infrastructure, not speculative tokens, writes Jean Tirole

“Stablecoins, like money-market funds, project security but can collapse under pressure,” argues Jean Tirole in a guest essay. The Nobel laureate explains why these digital tokens are riskier than promised

$2.4 trillion projected cost (over 6 years; as of April 2022) of Russian aggression is likely a lower bound.

Professional forecasters underestimated to cost of RUS illegal annexation of #Crimea and partial occupation of the #Donbas in 2014 by a factor of 3

#UkrainianView

Should be zero

YouTube video by Харківська обласна прокуратура Момент удару по освітньому закладу в Слобідському районі

A Russian drone hits a #university building in #Kharkiv

Senseless and barbaric daily terror

Imagine your university gets a hit like that

#Ukraine

Fed Inflation Credibility Threatened #EconSky
econbrowser.com/archives/202...

The T-shirt says it all...

But Salvini also once said he would like to have Putin as Italy’s prime minister “tomorrow”.

Romania condemns Russian drone violation of its airspace Country’s defence minister calls Russia’s behaviour ‘reckless’ after second breach of Nato territory in a week

A weak response invites more provocations, more aggression, more brinkmanship

US consumer inflation heats up; weekly jobless claims near four-year high U.S. consumer prices increased by the most in seven months in August amid higher costs for housing and food, but a surge in first-time applications for unemployment aid last week kept the Federal Reserve on track to cut interest rates next Wednesday.

Inflation ⬆️ & Employment ⬇️ → Stagflation

A difficult situation for the Fed. Cut interest rates now → risk of rising inflation ⬆️

More here: "Inflation, Expectations and Monetary Policy: What Have We Learned and to What End?" with Oli Coibion @empctmacrotx.bsky.social, shorturl.at/2fmOD

#EconSky

Belgium to soften stance on frozen Russian assets if EU shares risk Foreign minister warns bloc not to ‘kill the hen laying golden eggs’

BEL Foreign Minister: don't take RUS money b/c "this would kill the hen [SWIFT] laying golden eggs"

Sure, it's more important than Russia killing Ukrainians, the greatest war in Europe since WW2, Russian war crimes, etc.

www.ft.com/content/f0cc...

The chilling effects of RUS aggression are very much clear in the €zone.

Large spillover effects have implications for:
* Macro stabilization in Europe
* The cost of war in general & RUS agg specifically
* The calculus of costs&benefits of aid to #Ukraine
* mil buildup in Europe

#UkrainianView

A new PS piece with @ilonasolohub.bsky.social and @matsmarcusson.bsky.social

2 options: 1) RUS defeat (means more sanctions & more weapons for UKR). 2) a defeat for democracy (&subdued Europe).

If 1), Europeans should sacrifice some of their welfare. If 2), they'll lose it all.

#UkrainianView

Open letter Click here to add your signature. An Open Letter from Economists in Support of Governor Lisa Cook and Federal Reserve Independence To the President, Members of Congress, and the American public: We wr...

Over 125 economists signed the open letter calling on the President, Congress, and the American public to uphold the principles of Federal Reserve independence and not remove Lisa Cook without due process.

There's still time to sign! And please share.

#EconSky

docs.google.com/document/d/1...

Rebuilding Ukraine is more than just bricks—it's about a rebuilding a modern, secure future. New research paper by @torbjornbecker.bsky.social, @ygorodnichenko.bsky.social, and Beatrice Weder di Mauro maps the path to a resilient, democratic Ukraine.

💡Learn more: www.hhs.se/en/about-us/...