It’s Sex Pistols T-Shirt Day.

Econ Research in the Federal Reserve Bank of SF is hiring ✨RAs✨! rb.wd5.myworkdayjobs.com/FRS/job/San-Fr… Full time 2 year positions starting June 2023. Macro, applied micro, finance, international & sustainable growth. Try research and contribute to public service! Please RT Econ RA Listings

Today is your last day to submit papers for the 2022 Pacific Basin Research Conference! We invite submissions of research papers with relevance to economic and policy issues facing the Pacific Region. Click for more info on submissions: sffed.us/3pigNR9| #EconTwitter

What was the effect of Japan’s fiscal expansion during the COVID-19 crisis on inflation expectations? Our latest Letter looks at the impact of policy announcements after a prolonged period of below-target inflation: sffed.us/3QdSwHh | #SFFedResearch #EconTwitter #Inflation

Total trade deficit of a country can be decomposed into changes due to its effective terms of trade, its relative trade costs, and its macroeconomic developments with respect to its export partners. sciencedirect.com/science/articl… #Economia #SupplyChain #Econometrics #development

Employment and investment by larger #Chinese firms have benefited more from bank loans following Chinese financial and fiscal policies during the Great Recession. sciencedirect.com/science/articl… Economics & Finance #China #Finance #Financial #fiscal #Policy #recession #Employment #investments

Very sad. Wonderful man and economist.

Rest In Peace Axel. A nice tribute from Roger Farmer

It was great to see you there!

Enjoyed joining Ayhan Kose, Jinil Kim, and Sangyup Choi to discuss “The Strong Dollar and the Global Economy” at the Chosunilbo Asia Leadership seminar, available on YouTube here. youtu.be/cYyXeqHc6kk

New Year's resolution is to share good fiscal data with interested researchers. Here is a historical database with primary deficits, interest payments, and public debt for 155 countries, going back to 1800. Hope you find it helpful. imf.org/external/datam…

We look forward to your paper submissions for session 27 of the #CEBRA23 Annual Meeting: Financial #Globalization is the topic, organized by the Federal Reserve Bank of San Francisco Center for Pacific Basin Studies #SFFedCPBS Zheng Liu, @ThuyLanNguyen, Mark Spiegel. ➡️cebra.org/call-for-papers Have a great weekend

New Economic Letter shows banks have moved to reduce extra small business exposure built up during pandemic through #PPP program.

Very sad to learn of the passing of Kemal Dervis, a model economist and public servant. Sadly, he did not live to see the imminent return of democracy in Turkey.

Cross-country evidence suggests that surges in capital inflows raise income inequality. The linkage between capital flows and income distribution can be explained by a small open economy model with heterogeneous agents and financial frictions. 2/2

Nice to see this paper out in print. Bottom line: capital inflows increase income inequality by raising skill premia. Opposite for outflows.

Menzie Chinn discussing recent Chinese output figures in the SFed China CAT.

Chinese Growth in Question (Again) [Updated] econbrowser.com/archives/2023/…

Daniel Cohen était un professeur. Un homme d’idéal et de transmission. De débats et d’engagement. Nous perdons un grand intellectuel, un économiste qui fit rayonner notre recherche française, un humaniste sincère.