🧵New Working Paper by D. Brignone (@brignone_davide), L. Gambetti (@luca_gambetti) and M. Ricci (@mn_ricci): "Geopolictical risk shocks: when the size matters"
https://t.co/qfik0wGfn6 1/5
I just want to highlight that there are other studies that point to big effects, for example this recent Nature paper by Kotz et al that finds similar impacts using a completely different methodology https://t.co/PJezzk2YqA
🧵New Working Paper: “Using machine learning to measure financial risk in China” by A. Al-Haschimi, A. Apostolou, A. Azqueta-Gavaldon, and M. Ricci https://t.co/ezI8wWUi7C 1/5
Beyond 2023. Bloomberg Intelligence calculates the potential cost of abandoning Covid Zero: 363 million infections, 5.8 million in intensive care and almost 620,000 deaths. China's full reopening may not happen next year. 4/10
https://t.co/HPwCqu70CA
🚨We are looking for new trainees who are passionate about macro models! Check the link and come to work with us in a super dynamic environment, with very nice colleagues and managers, and with a super intellectually simulating environment! https://t.co/SS4bJHuAxi
CALL FOR PAPERS for the 2022 China Expert Network Workshop organised by the ECB "The future of China's economic model amidst increasing domestic and foreign challenges". Deadline for submissions 31 October 2022.
#China#economics#EconTwitter
https://t.co/mHxjmdwN5M
The size of China’s stimulus seems to grow by the day, now amounting to almost CNY 10 trillion. That’s almost 7% of GDP!
The real issue though, is not the overall size of stimulus, but how much of that money is actually getting into the economy. That's where things look bleak.1/7
Last few days to apply for experts from EU central banks and international organisations: Economist (ESCB/IO) - International Policy Analysis
https://t.co/5QalwZKvcA
Un paio di cosine che mi viene da ricordare/rimarcare, scorrendo qui intorno:
1. Il fascismo non è "Mussolini era una grande uomo" o "ha fatto anche cose giuste". Il fascismo è nazionalismo, tendenze autocratiche, populismo (spesso nella versione corporativista) e così via.
Today is officially the day that Joe Biden signs the Inflation Reduction Act and I would like to make the case that it is a bigger deal than anything else that happened today, or this month, and possibly this year.
“If you want to re-establish a complete semiconductor supply chain in the US, you will not find it as a possible task,” Excellent this on the IMMENSE complexity of chip supply chains.
https://t.co/XjYKVm7yrL
China’s property developers are halting work on a growing number of home construction projects, as indicated by the gap between growth in the pipeline of new projects and current construction activity, now at its widest in a decade.
In una frase semplice, come #MarioDraghi intende la propria missione. Non è né il freddo tecnocrate agente dei poteri forti, né il cavaliere bianco sterminatore dei populisti. Casomai, il premier più politico che abbiamo da molti anni (da @SkyTG24)
The @ECB has announced a new backstop facility to tackle market fragmentation, the details of which are to be seen. A thread with some comments
https://t.co/xHAdR5KOwB
Central Banks were quite active this week. The ECB surprised the markets with an emergency meeting to correct for the missing element from the previous policy meeting─ a mechanism to avoid excessive dispersion in sovereign bond yields 1/