NEW BOOK! We are thrilled to see that the Central Bank of Chile Research conference volume on 'Credibility of EME, Foreign Investors’ Risk Perception, and Capital Flows', jointly edited with Sebnem Kalemli-Ozcan and A. Aguirre, is out and free to download in this link: hdl.handle.net/20.500.12580/7…

Wonderful news!

In stark contrast to global spillovers from U.S. interest rate hikes in the 80s and 90s, the recent increases haven’t triggered financial crises in emerging markets and developing economies. Sebnem Kalemli-Ozcan and D. Filiz Unsal examine why. brookings.edu/articles/globa…

I am looking forward to #BPEA23 conference today; we are presenting our work w/@Dfilizunsal on global transmission of FED hikes, here is the program, can be watched live.
brookings.edu/events/bpea-fa…

My latest interview Financial Times before yesterday's FED decision. Once more we see that academics and FED both were ahead of markets the entire time during 2021-2023 and markets finally caught up: ft.com/content/43f904…

This is a great initiative for international, thanks Jesse Schreger Matteo Maggiori !

This is amazing! Thank you marina azzimonti and Richmond Fed Research Arantxa Jarque !

Excellent speech by Gita Gopinath on emerging markets; what should they do to weather the storms coming from a global uncertain economic environment! imf.org/en/News/Articl…

Had a great time at this year's Jackson Hole! Great program, nature, excellent hosting and an amazing number of women economists! Thank you Kansas City Fed !

My interview from yesterday Bloomberg TV #JacksonHole2023 : 1) Stay with restrictive monetary policy until 2%. 2) Soft landing was always possible as shown in our 21-22 global production network papers. 3) Sectoral labor supply shocks are inflationary.
bloomberg.com/news/videos/20…

Looking forward to this amazing conference tomorrow !
hhs.se/en/houseoffina…

Twitter got out ahead of me on this one…

Confirming that I have a book coming out this fall!

The Two-Parent Privilege will be available on September 18.
You can pre-order now from @uchicagopress:
press.uchicago.edu/ucp/books/book….

The Chicago school economist who warned years ago of America’s ‘business dynamism’ fading still sees ‘something broken in the background’ fortune.com/2023/08/12/wha…

Here is my piece Project Syndicate from last year, January 2022, on why neo-fisherian experiment of Turkey would have never worked in a small open economy that needs foreign financing to grow. Fatih Karahan 'entering' as in Gauti Eggertsson 🇺🇦 is great news indeed!
project-syndicate.org/commentary/fla…

Recent The Economist coverage of our work with Gita Gopinath, Pierre De Leo on emerging market monetary policies and why they can be ineffective in the face of importance of external factors/finance: economist.com/finance-and-ec…

Looking forward!

I do love being an economist, but this website is an absolute disgrace to our profession and has made many of our lives hell with its relentless misogyny, racism, and unfair smears.
It’s not just the toxic posters, but also the casual posters & readers who feed the beast.

(1/2) Yesterday marked the third year since we lost one of the greatest thinkers and economists in the profession — Emmanuel Farhi — who also was an incredible human being.

Looking forward to this amazing event!

Fulfilled a lifelong wish to visit Mahatma Gandhi's Sabarmati Ashram in Ahmedabad, Gujarat. Failed at spinning of cotton yarn! Looking forward to productive G20 India discussions.