Category Archives: international
Exchange Rate Pass Through into Import Prices, CPI
Justin Ho of Marketplace discussed the implications of the import/export price release Thursday. My view was that pass through into import prices was low in the short run, and even in the long run was not very large, while pass through into the broader price index was unlikely to be large. Not sure I was alone in this view, but here’re my thoughts.
“The Ukrainian War Economy”
Yuriy Gorodnichenko speaks at the Markus Academy (hosted at Princeton University), Friday, February 2, 12:30 PM ET. Yuriy Gorodnichenko is the inaugural Quantedge Presidential Chair in Economics at UC Berkeley.
Guest Contribution: “Helping Ukraine is a National Security No-brainer”
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 appeared at Project Syndicate on January 25th..
Teaching Macro 2024
First time teaching undergrad macro (elective, after intermediate macro) in three years, so I thought time to revise the syllabus (Econ 442) to account for new issues (compare against Fall 2001).
Russia: Policy Rate Up, Oil Prices Down
Growth prospects in short term are being revised up. But how long can that persist when policy rates rise, oil prices stay low?
Erasmus University: “The 25th anniversary ECB Symposium”
Taking place on January 16th in Rotterdam, this is the second part of the symposium at the Erasmus School of Economics & Rotterdam School of Management on this topic, organized by Mary Pieterse-Bloem and Sylvester Eijffinger. The first part took place last July.
FX Turnover through 2022
Doing some research on international currencies, I reviewed FX turnover data from the BIS, through April 2022. Dollar dominated, two months after the expanded Russian invasion of Ukraine.
“Russia’s Economy is Falling Behind”
From Treasury’s assessment of the prospects for the Russian economy.
“Should Argentina Dollarize?”
An AEI and OMFIF discussion on Wednesday with Steve Kamin and Mark Sobel.