Reposted by Giancarlo Corsetti
JUST POSTED on #LaFonte – #Tariffs and the #US dollar: Economics was right, after all. By @gcorsetti.bsky.social
Read the article 👉 lafonte.eui.eu/2025/06/27/t...
Read the article 👉 lafonte.eui.eu/2025/06/27/t...
Reposted by Giancarlo Corsetti
In his new paper “Trading blows” @gcorsetti.bsky.social show empirically that the #USD appreciates when the #US hikes tariffs unilaterally, but depreciates if markets anticipate retaliation by Foreign governments. Recent #tradewars have now raised yields on US Treasuries
Read 👉 🔗 buff.ly/o3R95Rh
Read 👉 🔗 buff.ly/o3R95Rh
Trading blows : the exchange-rate response to tariffs and retaliations
This paper provides econometric evidence on the response of exchange rates and bond yields to tariff events. We construct a novel Tariff Shock Database, which captures tariff-related announcements, th...
cadmus.eui.eu
Editors Gary Gensler, @simonhrjohnson.bsky.social, @upanizza.bsky.social, & @wederdim.bsky.social introduce the new CEPR #ebook which paints a troubling preliminary assessment of the second Trump administration. The column briefly previews the content & conclusion.
cepr.org/voxeu/column...
#EconSky
cepr.org/voxeu/column...
#EconSky
Reposted by Giancarlo Corsetti
@gcorsetti.bsky.social traces the evolution of the #BrettonWoods model over the eight decades. Amid growing debt burdens, heightened geopolitical tensions, and rising protectionism, the foundations of that model are breaking down.
www.project-syndicate.org/onpoint/rise...
www.project-syndicate.org/onpoint/rise...
The Twilight of Bretton Woods | by Giancarlo Corsetti - Project Syndicate
Giancarlo Corsetti charts the decline of multilateral cooperation and the resurgence of protectionist trade policies.
www.project-syndicate.org
Reposted by Giancarlo Corsetti
NEW on #LaFonte – #Monetarypolicy during a #trade war: What comes next? By Giancarlo Corsetti
buff.ly/V3SQ7XY
#Trump
buff.ly/V3SQ7XY
#Trump
