Fausto Pastoris

[Fausto Pastoris @FPastoris]

@MiAirports Grazie!

[Martin Schmitz @Schmitz_BoP]

Striking development in travel services (including tourism): the euro area’s surplus declined from €40 billion to €12 billion amid the COVID-19 pandemic (on annual basis). The largest decline was recorded vis-à-vis the United Kingdom.

[Fausto Pastoris @FPastoris]

@statauk @Stata @Schmitz_BoP

[Fausto Pastoris @FPastoris]

@fsaraceno @zacchiro Penso seguano riportino semplicemente i dati (e relative calls) di Associated Press (almeno così riporta Rep)

[Martin Schmitz @Schmitz_BoP]

Just released: euro area BoP for 2020Q2. Smaller current account surpluses vis-à-vis the United Kingdom and the United States; larger deficit with China (on annual basis). Net international investment position balanced.  

https://t.co/ux6fgJtfy9

[European Central Bank @ecb]

Euro area economic and financial developments by institutional sector (Q4 2019) https://t.co/ZIyN93QB5l

[Matteo Maggiori @m_maggiori]

Un articolo sul @sole24ore con il mio brillante studente e co-autore @AntonioCoppolaC sulla nostra ricerca sui paradisi fiscali a @GCAProject. Come i paradisi fiscali mascherano le esposizioni finanziarie globali.

https://t.co/cMjnNZywni

[Iñaki Aldasoro @i_aldasoro]

Check out our new paper on bank geographic complexity and bank risk. 1/

[Fausto Pastoris @FPastoris]

@LucioMM1 @upanizza @FabioGhironi Ah true! Real revolution in my game then ;)

[European Central Bank @ecb]

The activities of global firms pose a challenge for recording cross-border statistics, shows our #EconomicBulletin. Policies at the international level – like the @OECD and #g20 initiatives – are key to improving transparency and tackling #tax avoidance https://t.co/1j6KX2nlyc

[IlSole24ORE @sole24ore]

Matteo Maggiori: «Il #coronavirus ha mutato il Dna della crisi». #aTavolacon @paolobricco https://t.co/P5y2XRlLoc

[Ferdinando Giugliano @FerdiGiugliano]

The problem with the debate on inequality is that many simply refuse to look at the data or understand their limitations. They treat it as an act of faith.This is troubling because it really matters for policy which inequalities are rising and by how much. https://t.co/n7045Mp0Fe

[Kimberly Clausing @KClausing]

(1/7) I'm working on a detailed response that I will post soon, but there are many issues here, some of which are quite technical. Double counting (in some BEA data) was known by me and others and was corrected for/dealt with in more recent papers.

[European Central Bank @ecb]

Euro area quarterly balance of payments and international investment position (Q2 2019) https://t.co/g70wV8Ffrm

[Brad Setser @Brad_Setser]

I hope the term "phantom" FDI catches on.

Captures a world where 1/2 of U.S. is now in a low tax jurisdiction. And most U.S. FDI abroad is in "holdcos"

https://t.co/f99suIwmxL

[CEPII @CEPII_Paris]

🆕"L’évitement fiscal des multinationales en France: combien et où?" par @VVicard
Les profits des #multinationales non déclarés en France auraient représenté quelque 36Md€ en 2015, soit 1,6% du PIB.
https://t.co/7TeBhz3QFV
#impôts #fiscalité #GAFA

[Laurence Boone @LaurenceBoone]

Great read on Zucman’s work on personal inequality. The Wealth Detective Who Finds the Hidden Money of the Super Rich - Bloomberg https://t.co/kxjPKzWS5r