Robin T

🇪🇺citizen. Private account, all views are my own.

[Robin T @RobinTietz]

moral suasion as policy tool? very relevant in pandemics. old issue in fin stability(though mostly w/ threat for non-compliers). soon “moral QE”? campaigns in WWI &II appealed to patriotism. Romans (AER,1966) offers the basics.
|source: Sackett & Wilhelms,via Wikimedia Commons

[Robin T @RobinTietz]

@macrocredit "unlikely that private credit in isolation could be a source of systemic financial instability at present"

[Robin T @RobinTietz]

@ojblanchard1 another Draghi report

[Robin T @RobinTietz]

@JohnHCochrane Edict of Prices by Diocletian 301 AD

[Robin T @RobinTietz]

@Isabel_Schnabel @LeinSarahMarit @umalmend @econ_stardust @EmanuelMoench @MSchularick @GuntramWolff @MonikaSchnitzer Gibt es ein link mit dem Recording? Danke

[European Central Bank Research @ECB_Research]

🧵New Working Paper by F. Holm-Hadulla & C. Thürwächter: “Granular shocks to corporate leverage and the macroeconomic transmission of monetary policy” https://t.co/nrglqHM2p5 1/4

[Matteo Maggiori @m_maggiori]

We are hiring multiple predocs: come work with us in international macroeconomics and finance. 15 days left to apply!
@JSchreger @acoppola4

[Robin T @RobinTietz]

@michelacarlana Congrats 😊😊

[Robin T @RobinTietz]

@m_maggiori Congratulations Matteo!

[VoxEU @voxeu]

The real neutral rate of interest has a slow-moving, long-run component as well as a short-run component, a distinction which might explain part of the disagreement about future nominal short-term interest rates.
J Lindé @riksbanken, J Platzer, @RobinTietz
https://t.co/pm7TeZMP6Y

[Robin T @RobinTietz]

@HannoLustig Inter generational aspect is a good point (far more general than EA though) but, of course, core/periphery difference is crucial too..

[Robin T @RobinTietz]

@BachmannRudi Warum glaubt eine hoch wettbewerbliche Medienindustrie sowas zeigen zu müssen? Larger audience, lower costs? Wo ist die Grenze für regulatorischer Eingriff? Scheint mir alles unklar. Gute papers zu empfehlen?

[Matteo Maggiori @m_maggiori]

This is a great paper advancing our knowledge of how finance affects trade.

Strongly encourage you to read it and hope to see more work on this.

Also another tweet in the welcome category of "So great to see former students jmp published!"

[Robin T @RobinTietz]

@TL_Beck_Firenze @ESRBofficial Congrats Thorsten!

[Robin T @RobinTietz]

@galinahale_ucsc Assuming you have a small labelled sample, a binomial stat based on relative counts of bigrams will do a good job. Based on Gentzkow and Shapiro (2010, Econometrica). Happy to share R-code. My working paper with example https://t.co/WY2iknEBbt

[Robin T @RobinTietz]

@HannoLustig Hi Hanno, you’re focusing on “r-g” bec your argument ultimately points to a potential debt-sustainability issue, is that right? Or is there a more general issue with r-g as it relates to the possibility of a Volcker-style disinflation?

[Robin T @RobinTietz]

@chenzix @SashaIndarte congratulations, Chenzi! Looking forward to read :)

[Matteo Maggiori @m_maggiori]

Looking forward to IFM NBER SI this week. Organized with @galinahale_ucsc

The program is streamed on youtube

Lot's of great work

@AdrienMatray @BauNatalie @JeanTirole @JavierBianchi7 @ludwigstraub @SorryToBeKurt @JSchreger @anusha_chari @WenxinDu
and many others!

[Hanno Lustig @HannoLustig]

1/what about Japan? excluding T-bills, BoJ has been only net buyer of central government bonds since 2013. banks, households and all other private investors have been net sellers. minor exception for insurance. maybe Jap gov. bond long rates are not the `market clearing rates'

[Robin T @RobinTietz]

@R2Rsquared @jasonfurman Dec/Dec = Dec to Dec 21 => effective ~6mth fcst horizon ?🧐

[Robin T @RobinTietz]

@liliana_vvarela @arebucci1 @skalemliozcan very cool paper. policy makers' trade-off betw investment and vola seems clear. at least in terms of firm outcomes..would be interesting to see if the conclusion changes if one accounts for (potential) impact on consumption. especially if banks pass on FX mismatch to HH.