🔥The 9th Round of Easy Loan, Earn $40 Reward is in progress❗️ ⏰ Promotion Period: January 15th - Feburary 15th, 2025 👉 Register now and check more details at gate.io/campaigns/358

webinar "ARGENTINA at the Crossroads: Perils of DOLLARIZATION" with Ivan Werning 📅TOMORROW/Tuesday 12:30 pm (ET), 14:30 (Argentine time), 18:30 (European Time) ✍️ register tinyurl.com/89fb8jvh 👇

Cristina Arellano and I wrote a paper, a long time ago, about one possible benefit of dollarizing. The idea is that, once dollarized, a country cannot use monetary policy, via seigniorage, to respond to fluctuations in spending needs. Thus, preserving access to international

Next week is ASSA meetings time and together with Sergio Schmukler we put together a session on International Capital Flows, Sovereign Debt, and Financial Risks. Session is Friday 5 at 8am CST. So proud of it, all great papers, with amazing researchers both presenting and discussing!

Happening this Friday (3/29) !! The NBER Spring IFM meeting. The program is here: nber.org/conferences/in… Please tune in on YouTube youtube.com/nbervideos

New WP 🚨: With growing evidence of inelastic demand for different financial assets we ask what happens when this downward-sloping demand meets an optimal/endogenous supply of the asset for risky bonds? Insights and Implications in the 🧵 below! Link: shorturl.at/zAR48

Back from an interesting and enriching conference with lots of great papers, discussants, and interactions with policy makers in Lima. Thank you NBER Banco Central de Reserva del Perú - BCRP FLAR | Fondo Latinoamericano de Reservas for hosting this! nber.org/conferences/em… Paulina Restrepo-Echavarria Tim Kehoe 🇺🇸🇨🇦🇲🇽🇺🇦

We are pleased to announce that Laura Castillo-Martinez (Laura Castillo-Martinez-Duke Economics), Matias Moretti (Matias Moretti-University of Rochester), Aleksei Oskolkov (Aleksei Oskolkov -Princeton Economics) and Federica Romei (Federica Romei -Department of Economics, Oxford) will serve as Associate Editors effective July 1, 2024.

Great economics, great city, warm and inviting people... you have a little less than two weeks to send your paper in! Some of my other favorite things in Buenos Aires: dulce de leche, asado, helado, and el mejor equipo de football en el mundo 🇦🇷 Selección Argentina ⭐⭐⭐

🔊 We are excited to announce the plenary speakers for our first Winter meeting in Buenos Aires 🥁: - Cristina Arellano (Minneapolis Fed) - Tom Sargent (NYU) - Ricardo Lagos (NYU) Deadline for submissions approaching! Submit your papers by September 3rd editorialexpress.com/conference/SED…

📢As in previous years, I have put together the list of JMCs in International Finance (inspired by Trade Diversion (Jonathan Dingel)'s list in International Trade). Check out the candidates here, and let me know if any are missing: chenzi-xu.com/misc.php #JMCs #EconTwitter

Tom Sargent, Universidad di Tella honoris causa. Economía UTDT

Happy New Year! If you are attending #ASSA2025 and interested in sovereign debt/bank/trade, please check out our session!

Thank you so much World Bank IFC for the launch of this great book and fantastic panel. How to finance firm growth is one of the key issues of our time especially for countries who need it most and suffer from high policy risk, here is the video: ifc.org/en/events/2025…

Those JGBs issued by the Japanese government with super-low yields over the past decade were snapped up by one huge price-insensitive investor, the BoJ. The Japanese government was selling JGBs to the BoJ, not to private investors. It matters. Now that the BoJ wants to step