Today we are fortunate to present a guest post written by Maria Grazia Attinasi, Lucas Boeckelmann, Rinalds Gerinovics, and Baptiste Meunier (all ECB). This column reflects the opinions of the authors and not necessarily those of the European Central Bank.
Category Archives: international
Guest Contribution: “Trump’s far out negotiating positions”
Today, we present a guest post written by Jeffrey Frankel, Harpel Professor at Harvard’s Kennedy School of Government, and formerly a member of the White House Council of Economic Advisers. A shorter version, written in advance of the March 4 tariffs, was published by Project Syndicate and the Korea Herald.
The American People on the Incipient Tariffs
From a fascinating paper by Oli Coibion, Yuriy Gorodnichenko and Michael Weber, “The Upcoming Trump Tariffs: What Americans Expect and How They Are Responding“:
Chinn and Irwin: “International Economics” (Cambridge Univ Press), Available Now
Are you teaching international economics in the spring? Or just want to learn more about the field? Consider adopting/purchasing this new textbook, by myself and Douglas Irwin (available now in digital format, January 31st in hardcopy from Cambridge University Press).
Pecuniary Benefits of Showing the Flag
The Price and Income Elasticities of US Trade Flows
JW Mason asserts that, in focusing on the real exchange rate, I’m on the side of relative prices being the primary determinant of flows.
My Favorite Graph: Lagged RER-NX
Paul Krugman writes on The Dollar and the US Trade Deficit today, and reminds me of my favorite graph (makes an appearance each time I teach macro, and a version shows up in Chapter 13 of Chinn-Irwin International Economics.
When Econ 101 Isn’t Enough: Oren Cass on Trade
In Tuesday’s NYT, Oren Cass makes the case for protectionism.
Guest Contribution: “Trump threatens tariffs against a BRICs chimera”
Today, we present a guest post written by Jeffrey Frankel, Harpel Professor at Harvard’s Kennedy School of Government, and formerly a member of the White House Council of Economic Advisers. An earlier version appeared at Project Syndicate.
Seizing Russian Assets: If Not Now, When?
From Hess and Mott, in Foreign Policy, on stifling further Russian aggression even with Trump on the gates: