Journal of International Economics
@jintlecon.bsky.social
The Journal of International Economics is intended to serve as the primary outlet for theoretical and empirical research in all areas of international economics
In emerging economies, fiscal and monetary rules enhance welfare. Nonetheless, suspending these rules during large, unexpected crises can help stabilize GDP, employment and external trade. Flexible monetary policy proved particularly valuable during the COVID-19 crisis.
November 24, 2025 at 7:02 PM
In emerging economies, fiscal and monetary rules enhance welfare. Nonetheless, suspending these rules during large, unexpected crises can help stabilize GDP, employment and external trade. Flexible monetary policy proved particularly valuable during the COVID-19 crisis.
New at JIE: "Policy rules and large crises in emerging markets" by Emilio César Espino, Julian Kozlowski, Fernando M. Martin, Juan M. Sánchez
doi.org/10.1016/j.ji...
doi.org/10.1016/j.ji...
November 24, 2025 at 7:02 PM
New at JIE: "Policy rules and large crises in emerging markets" by Emilio César Espino, Julian Kozlowski, Fernando M. Martin, Juan M. Sánchez
doi.org/10.1016/j.ji...
doi.org/10.1016/j.ji...
Authors show that financial crises in developing countries trigger a surge in offshore deposits: three years after a crisis, tax-haven bank deposits rise by almost 30%. The effect is strongest where institutions are weak, revealing how havens drain resources when most needed.
November 20, 2025 at 4:31 PM
Authors show that financial crises in developing countries trigger a surge in offshore deposits: three years after a crisis, tax-haven bank deposits rise by almost 30%. The effect is strongest where institutions are weak, revealing how havens drain resources when most needed.
New at JIE: "Knockin’ on H(e)aven’s door. Financial crises and offshore wealth", by Silvia Marchesi, Giovanna Marcolongo
doi.org/10.1016/j.ji...
doi.org/10.1016/j.ji...
November 20, 2025 at 4:31 PM
New at JIE: "Knockin’ on H(e)aven’s door. Financial crises and offshore wealth", by Silvia Marchesi, Giovanna Marcolongo
doi.org/10.1016/j.ji...
doi.org/10.1016/j.ji...
New at JIE: "Export shocks and banks’ domestic credit: Balancing liquidity provision and risk mitigation" by Stefano Federico, Giuseppe Marinelli, Francesco Palazzo
doi.org/10.1016/j.ji...
doi.org/10.1016/j.ji...
November 19, 2025 at 5:15 PM
New at JIE: "Export shocks and banks’ domestic credit: Balancing liquidity provision and risk mitigation" by Stefano Federico, Giuseppe Marinelli, Francesco Palazzo
doi.org/10.1016/j.ji...
doi.org/10.1016/j.ji...
An interest rate uncertainty rule discourages short-term bond inflows, tilts flows toward FDI, and can improve welfare when inflows are driven by foreign uncertainty shocks—but if inflows come from level shocks, IRUPT worsens domestic vs. external policy trade-offs.
November 17, 2025 at 5:04 PM
An interest rate uncertainty rule discourages short-term bond inflows, tilts flows toward FDI, and can improve welfare when inflows are driven by foreign uncertainty shocks—but if inflows come from level shocks, IRUPT worsens domestic vs. external policy trade-offs.
New at JIE: "Interest rate uncertainty as a policy tool?" by Fabio Ghironi, Galip Kemal Ozhan (@galipkemal.bsky.social)
doi.org/10.1016/j.ji...
doi.org/10.1016/j.ji...
November 17, 2025 at 5:04 PM
New at JIE: "Interest rate uncertainty as a policy tool?" by Fabio Ghironi, Galip Kemal Ozhan (@galipkemal.bsky.social)
doi.org/10.1016/j.ji...
doi.org/10.1016/j.ji...
Domestic service trade drives regional specialization and heterogeneous welfare gains, reducing disparities, while international service trade yields more uniform benefits. Using Canadian data and a spatial model, the paper quantifies sizable welfare impacts.
November 13, 2025 at 4:06 PM
Domestic service trade drives regional specialization and heterogeneous welfare gains, reducing disparities, while international service trade yields more uniform benefits. Using Canadian data and a spatial model, the paper quantifies sizable welfare impacts.
New at JIE: "Service Trade, regional specialization, and welfare" by Yuancheng Han, Jorge Miranda-Pinto, Satoshi Tanaka
doi.org/10.1016/j.ji...
doi.org/10.1016/j.ji...
November 13, 2025 at 4:06 PM
New at JIE: "Service Trade, regional specialization, and welfare" by Yuancheng Han, Jorge Miranda-Pinto, Satoshi Tanaka
doi.org/10.1016/j.ji...
doi.org/10.1016/j.ji...
New at JIE: "Foreign direct investment as a long-term capital flow channel: Evidence from Japan" by Naohisa Hirakata, Mitsuru Katagiri
doi.org/10.1016/j.ji...
doi.org/10.1016/j.ji...
November 12, 2025 at 4:30 PM
New at JIE: "Foreign direct investment as a long-term capital flow channel: Evidence from Japan" by Naohisa Hirakata, Mitsuru Katagiri
doi.org/10.1016/j.ji...
doi.org/10.1016/j.ji...
On Jan 7, 2025, a technical error cut Argentina’s EMBI spread by 114 bps, creating a rare natural experiment. Using DiD, IV & intraday data, we show Argentine stocks jumped as investors updated beliefs based on a mispriced signal.
November 10, 2025 at 5:06 PM
On Jan 7, 2025, a technical error cut Argentina’s EMBI spread by 114 bps, creating a rare natural experiment. Using DiD, IV & intraday data, we show Argentine stocks jumped as investors updated beliefs based on a mispriced signal.
New at JIE: "Argentina: The Honor Student—By Merit and By Mistake. A Natural Experiment on "Information Effects"", by Oscar Meneses, Lorenzo Menna, Martin Tobal
doi.org/10.1016/j.ji...
doi.org/10.1016/j.ji...
November 10, 2025 at 5:06 PM
New at JIE: "Argentina: The Honor Student—By Merit and By Mistake. A Natural Experiment on "Information Effects"", by Oscar Meneses, Lorenzo Menna, Martin Tobal
doi.org/10.1016/j.ji...
doi.org/10.1016/j.ji...
Endogenous borrowing constraints create a prudential motive for fiscal policy. Under the Ramsey-optimal plan, the government limits fiscal easing during crises, curbing overborrowing ex-ante and enhancing financial stability.
November 6, 2025 at 4:30 PM
Endogenous borrowing constraints create a prudential motive for fiscal policy. Under the Ramsey-optimal plan, the government limits fiscal easing during crises, curbing overborrowing ex-ante and enhancing financial stability.
New at JIE: "Fiscal policy design in collateral-constraint economies: The role of commitment", by Paolo Varraso
doi.org/10.1016/j.ji...
doi.org/10.1016/j.ji...
November 6, 2025 at 4:30 PM
New at JIE: "Fiscal policy design in collateral-constraint economies: The role of commitment", by Paolo Varraso
doi.org/10.1016/j.ji...
doi.org/10.1016/j.ji...
New at JIE: "Housing demand, inequality, and spatial sorting" by John Finlay, Trevor C. Williams
doi.org/10.1016/j.ji...
doi.org/10.1016/j.ji...
November 5, 2025 at 5:55 PM
New at JIE: "Housing demand, inequality, and spatial sorting" by John Finlay, Trevor C. Williams
doi.org/10.1016/j.ji...
doi.org/10.1016/j.ji...
Authors investigate how credit availability affects the organization of firms’ labor. They construct an instrument for firm’s credit supply based on firm-bank credit linkages and conduct an event study on the decision to reorganize the labor force using Portugal data.
November 3, 2025 at 2:34 PM
Authors investigate how credit availability affects the organization of firms’ labor. They construct an instrument for firm’s credit supply based on firm-bank credit linkages and conduct an event study on the decision to reorganize the labor force using Portugal data.
New at JIE: "Credit and firms’ organization" by Alessandro Sforza, Edoardo Maria Acabbi
doi.org/10.1016/j.ji...
doi.org/10.1016/j.ji...
November 3, 2025 at 2:34 PM
New at JIE: "Credit and firms’ organization" by Alessandro Sforza, Edoardo Maria Acabbi
doi.org/10.1016/j.ji...
doi.org/10.1016/j.ji...
"This paper analyzes the effect of resolving trade policy uncertainty on innovation
in China from 1990 to 2007. Reducing tariff uncertainty is show to have generated economically and statistically significant increases in innovation.
in China from 1990 to 2007. Reducing tariff uncertainty is show to have generated economically and statistically significant increases in innovation.
October 30, 2025 at 2:53 PM
"This paper analyzes the effect of resolving trade policy uncertainty on innovation
in China from 1990 to 2007. Reducing tariff uncertainty is show to have generated economically and statistically significant increases in innovation.
in China from 1990 to 2007. Reducing tariff uncertainty is show to have generated economically and statistically significant increases in innovation.
New at JIE: "Trade policy uncertainty and innovation: Evidence from China" by Federica Coelli
doi.org/10.1016/j.ji...
doi.org/10.1016/j.ji...
October 30, 2025 at 2:53 PM
New at JIE: "Trade policy uncertainty and innovation: Evidence from China" by Federica Coelli
doi.org/10.1016/j.ji...
doi.org/10.1016/j.ji...
New at JIE: "The macroeconomic cost of temperature risk" by Piergiorgio Alessandri, Haroon Mumtaz
doi.org/10.1016/j.ji...
doi.org/10.1016/j.ji...
October 29, 2025 at 5:58 PM
New at JIE: "The macroeconomic cost of temperature risk" by Piergiorgio Alessandri, Haroon Mumtaz
doi.org/10.1016/j.ji...
doi.org/10.1016/j.ji...
Authors show that short-term liquidity is a source of competitive advantage, enabling investment in intangibles. Exploiting a French reform capping payment delays, they find that higher liquidity boosted intangibles, raising markups and market shares.
October 27, 2025 at 1:15 PM
Authors show that short-term liquidity is a source of competitive advantage, enabling investment in intangibles. Exploiting a French reform capping payment delays, they find that higher liquidity boosted intangibles, raising markups and market shares.
New at JIE: "Liquidity as competitive advantage: The role of intangibles" by Carlo Altomonte, Monica Morlacco, Tommaso Sonno, Domenico Favoino
doi.org/10.1016/j.ji...
doi.org/10.1016/j.ji...
October 27, 2025 at 1:15 PM
New at JIE: "Liquidity as competitive advantage: The role of intangibles" by Carlo Altomonte, Monica Morlacco, Tommaso Sonno, Domenico Favoino
doi.org/10.1016/j.ji...
doi.org/10.1016/j.ji...
Authors estimate international spillovers from both conventional and unconventional US monetary policy, using exogenous variation in conventional policy, forward guidance and large-scale asset purchases, based on high-frequency asset price surprises around Fed communications
October 23, 2025 at 4:05 PM
Authors estimate international spillovers from both conventional and unconventional US monetary policy, using exogenous variation in conventional policy, forward guidance and large-scale asset purchases, based on high-frequency asset price surprises around Fed communications
New at JIE: "Global spillovers from multi-dimensional US monetary policy" by Georgios Georgiadis (@JorgoGeorgiadis), Marek Jarociński
doi.org/10.1016/j.ji...
doi.org/10.1016/j.ji...
October 23, 2025 at 4:05 PM
New at JIE: "Global spillovers from multi-dimensional US monetary policy" by Georgios Georgiadis (@JorgoGeorgiadis), Marek Jarociński
doi.org/10.1016/j.ji...
doi.org/10.1016/j.ji...
New at JIE: "Did the 2018 trade war improve job opportunities for US Workers?" by Beata Javorcik, Benjamin Kett, Katherine Stapleton, Layla O’Kane
doi.org/10.1016/j.ji...
doi.org/10.1016/j.ji...
October 22, 2025 at 4:05 PM
New at JIE: "Did the 2018 trade war improve job opportunities for US Workers?" by Beata Javorcik, Benjamin Kett, Katherine Stapleton, Layla O’Kane
doi.org/10.1016/j.ji...
doi.org/10.1016/j.ji...