Hillary Stein

Economist @BostonFed, PhD @HarvardEcon, researching international finance and macro. Disclaimer: all activity reflects my own views.

[Hillary Stein @SteinHillary]

We estimate that a 25% tariff on Canada and Mexico combined with a 10% tariff on China could add 0.5 to 0.8 percentage point to core PCE inflation. Read more here: https://t.co/MZgtrkEQaW

[Hillary Stein @SteinHillary]

How do tariffs impact consumer inflation? We introduce a new methodology with two key insights: (1) domestically-produced goods also contain imported components, and (2) it is important to take into account how markups respond to cost changes of imported components.

[Hillary Stein @SteinHillary]

Falk and I had the opportunity to discuss our research with Faculti - check it out!

[Faculti @FacultiNet]

Falk Bräuning and Hillary Stein @SteinHillary Federal Reserve Bank of Boston @BostonFed discuss the extent to which the Treasury securities market can be affected by regulatory constraints on primary dealers, a select group of market-making financial firms that are typically affiliated with large banking organizations https://t.co/yCsY7hJNdh #economics #treasuries #securities #finance #macroeconomics #centralbank #federalreserve #fed #econtwitter

[Boston Fed @BostonFed]

Researchers theorize that banks’ risk-bearing constraints can affect exchange rate dynamics. A new paper by Boston Fed economists Falk Brauning, Omar Barbiero, and Hillary Stein provides empirical support for this theory. Read the paper: https://t.co/htG2BZK8io

[Hillary Stein @SteinHillary]

In my new @BostonFed working paper, we leverage supervisory microdata to show that shocks to global banks' risk limits have sizable effects on exchange rates, exacerbating the effects from shifts in net currency demand: https://t.co/SPsnreAequ

[Hillary Stein @SteinHillary]

Looking forward to presenting at this week's IMIM online seminar! https://t.co/5HYHyzERA3

[Hillary Stein @SteinHillary]

Shocks to primary dealers’ constraints can impair liquidity in the Treasuries market. See my new Boston Fed working paper with Falk Bräuning:

[Boston Fed @BostonFed]

How might regulatory constraints affect liquidity in the Treasury securities market? A new paper by Boston Fed economists @SteinHillary and Falk Bräuning studies this question: https://t.co/sEpkrdqTT5

[Hillary Stein @SteinHillary]

Always fun to see our work cited

[Reuters Breakingviews @Breakingviews]

Breakingviews - Higher rates insidiously creep into the boardroom https://t.co/q9vcBG9rEu https://t.co/q9vcBG9rEu

[Hillary Stein @SteinHillary]

New working paper online, looking at currency derivatives in Mexico

[Boston Fed @BostonFed]

The larger a firm’s losses from a derivatives position, the smaller the likelihood of the firm taking a new position, according to a new paper coauthored by Boston Fed economist @SteinHillary on nonfinancial corporate risk management.
Read the paper: https://t.co/WJ9RFVFiBd

[Hillary Stein @SteinHillary]

Happy to see my JMP as part of the Boston Fed working paper series!

[Boston Fed @BostonFed]

The Boston Fed recently posted a new working paper by economist @SteinHillary that focuses on the dairy auctions of New Zealand to study the effects of export price shocks on exchange rates. Read the working paper here: https://t.co/27s3PJCiaw
@DairyNZ #priceshocks #exchangerates

[Hillary Stein @SteinHillary]

I am so grateful for the years of support from my advisors / committee members: @krogoff, @pol_antras, @jafrieden, @JFrankelEcon, and Jeremy Stein.

[Hillary Stein @SteinHillary]

I’m happy to have successfully defended my dissertation today, and I’m thrilled to be joining @BostonFed after graduation.

[Hillary Stein @SteinHillary]

@smontano42 @jenniferdoleac I see it as working but let me know if you still can’t access it!

[Hillary Stein @SteinHillary]

Thank you @jenniferdoleac for sharing my Job Market Paper!

[Jennifer Doleac @jenniferdoleac]

Hillary Stein

JMP: "Got Milk? The Effect of Export Price Shocks On Exchange Rates"

Website: https://t.co/kCfDu1BQmn

[Hillary Stein @SteinHillary]

My officemates @scarmitage, @AllbriteAllday, and @tianwang_liu are on the market. Inspiring research, and (more importantly) amazing people who I’m lucky to have had supporting me.

[Sarah Armitage @scarmitage]

What an officemate! Here's a bit about @AllbriteAllday, the fourth ⭐️ of our office (using all the Twitter tips she patiently taught us).

Alex *loves data.* Her data viz skills are the best of the best. We all use her blog https://t.co/RhXoWP0rRf for inspiration.

[Hillary Stein @SteinHillary]

@alex__albrecht Thank you!!

[Hillary Stein @SteinHillary]

Thank you very much, @pol_antras, for this description of my work and my JMP!

[Pol Antras @pol_antras]

Hillary Stein (@SteinHillary) is an economist with broad interests in International Macro & Finance, Int'l Trade, and Int'l Political Economy. Her work is largely empirical in nature and seeks to develop credible identification in macro settings. (1/9)
https://t.co/HlI5OTNJZp

[Hillary Stein @SteinHillary]

@m_maggiori @jenniferdoleac @profholden Thank you, Matteo!