Tobias Schuler

Senior Economist @ecb Lecturer in Economics and International Finance. Personal Profile - own views only.

[Fabio Ghironi @FabioGhironi]

"A relocation of US MNEs’ operations away from the euro area could result in lower euro area GDP via reduced production and exports"
Lorenz Emter, @MichaelFidora, Fausto Pastoris, @Schmitz_BoP, @tob_schuler
https://t.co/3NY5e6GV6v @ecb

[Tobias Schuler @tob_schuler]

New piece out on international spillovers …

[European Central Bank @ecb]

Chinese producer price inflation has been negative for some time, which reduces prices of euro area imports. But the impact of lower prices in China on euro area headline inflation is limited.

Read the #EconomicBulletin for our analysis https://t.co/JpiRAomnRX

[Tobias Schuler @tob_schuler]

#policy #brief on #euroarea #currentaccount and #monetarypolicy 📚💶🇪🇺🌍🏦

[SUERF - The European Money and Finance Forum @suerf_org]

#SUERFpolicybrief “Euro area’s persistent current account surplus – a reason behind a decade of low interest rates?” by @tob_schuler and @YiqiaoSun, European Central Bank @ecb

#CurrentAccount #MacroeconomicShocks #MonetaryPolicy

[Tobias Schuler @tob_schuler]

#supply #bottlenecks are easing while #price #pressures may have peaked | #tourism dynamics weakening amid high prices 👇🏻 check out for more #ecb #ecbeconomicbulletin

[European Central Bank @ecb]

Economic Bulletin box: Supply bottlenecks and price pressures in euro area goods trade and tourism https://t.co/1w1BLjZX9u

[Tobias Schuler @tob_schuler]

@BachmannRudi @Lars_Feld Warum diskutiert man denn nicht die Argumente?

[Tobias Schuler @tob_schuler]

@DerNudels @lars_jd @Lars_Feld @insm @tanit Was heißt hier “nur”? Ist doch der Situation angemessen

[European Central Bank @ecb]

🧵Oil, coal and gas prices spiked immediately after Russia’s invasion of Ukraine. They have been volatile ever since due to disruptions to energy supplies and increasingly strict economic sanctions against Russia https://t.co/L7pHYPR6dU #EconomicBulletin

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[Tobias Schuler @tob_schuler]

Find out below what’s been driving the recent surge in food inflation 💶🌾🌽🚜

[European Central Bank @ecb]

🧵 Food inflation in the euro area reached a historical high in May 2022.

Rising global energy and commodity prices, further aggravated by Russia’s war in Ukraine, were the main factors behind this https://t.co/aCoEUqMVKe #EconomicBulletin

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[Tobias Schuler @tob_schuler]

👇🏻check out below latest working paper on the German current account 📈🇩🇪💶⚖️

[European Central Bank @ecb]

Working Paper: The corporate saving glut and the current account in Germany https://t.co/o3kAJpVgKx

[Tobias Schuler @tob_schuler]

Including the paper on '#Monetary and #fiscal
complementarity in the #COVID19 pandemic'

#monetarypolicy
👇📚🔖📖👇

[CEPR @cepr_org]

OUT NOW!
Issue 81 of #CovidEconomics: Vetted and Real-Time Papers - https://t.co/Bp5doA33tV

[Tobias Schuler @tob_schuler]

@PeterBofinger @DIW_Berlin Dies hängt damit zusammen, dass der Wage Share -infolge der überproportional starken Gewinneinbußen- gestiegen ist, und dies gestützt durch diskretionäre fiskalischen Maßnahmen. Entsprechende Analyse forthcoming ... @PeterBofinger @DIW_Berlin

[Tobias Schuler @tob_schuler]

Look into joint #analysis with Valerie Jarvis on the impact of #Brexit on UK #import demand from the #euro area. 🇬🇧🇪🇺🚙💊✈️💷💶 #poundsterling #exchangerate #tradebalance #trade #internationaltrade #BrexitReality

[European Central Bank @ecb]

Brexit and the resulting drop in UK demand for goods from the euro area have caused a sizeable drag on exports. Future UK trade deficits with the euro area will require net financial inflows to remain sustainable. Read more https://t.co/lnuM0o80EC #EconomicBulletin

[Tobias Schuler @tob_schuler]

New working paper out!

[European Central Bank @ecb]

Working paper: Bank reserves and broad money in the global financial crisis — a quantitative evaluation https://t.co/5Th270A4wd

[Tobias Schuler @tob_schuler]

Find out more on #Coronavirus and euro area trade in #travel services

[European Central Bank @ecb]

Lockdown measures put in place to contain the #coronavirus pandemic are having a significant impact on euro area travel, with air traffic decreasing sharply. Find out how euro area countries that are reliant on travel and tourism are being affected https://t.co/qeqcr0J0ql

[Tobias Schuler @tob_schuler]

@Marktzyniker @Der_Dutschi @JuliaKloeckner @CDU Und was folgt daraus logisch? - Nichts.

[Tobias Schuler @tob_schuler]

@marcstoeckli Do they even know your name? 😅

[Tobias Schuler @tob_schuler]

@theIIIman Where is the link?

[Tobias Schuler @tob_schuler]

Working paper out showing the benefits of countercyclical capital buffers #ccyb reacting to #credittogdpgap in stabilizing financial cycles @BIS_org @ClaudioBorio @bundesbank @BMF_Bund

[European Central Bank @ecb]

Working paper: Financial cycles, credit bubbles and stabilization policies https://t.co/Grrgaom1rr

[Tobias Schuler @tob_schuler]

Kritische Würdigung unseres Beitrages zum europäischen Verbriefungsmarkt ... @JRiedler @EconPolEurope @ifo_Institut @ZEW https://t.co/X3qjUUA9Hf

[Bundesministerium der Finanzen @BMF_Bund]

Wir gratulieren den Gewinnern des Best Paper Award Thorsten Klug, Eric Mayer & Tobias Schuler, die beim #FiscalPolicySeminar 2019 für den Beitrag „The Corporate Savings Glut & the Current Account in Germany“ ausgezeichnet wurden. Zur Siegerpräsentation 👇🏻: https://t.co/o0OGPWqDfL