New research shows that borrowing constraints amplify the impact of the China shock on employment, but providing access to trade credit can reduce job losses by 8-27% depending on the constraints. Federico Esposito & fadi hassan Read: ow.ly/OLUy50MPfvl

🚨 New Working Paper Brian Kovak and I have just completed a survey on Globalization and Inequality in Latin America. Comments are welcome. Please Retweet! Link is here: dropbox.com/s/gja3d4s20po4…

New CEPR Discussion Paper - DP17926 Import Competition, Trade Credit, and Financial Frictions in General Equilibrium Federico Esposito Tufts Economics, fadi hassan Banca d'Italia Ufficio Stampa della Banca d'Italia Centre for Economic Performance ow.ly/Wpsg50MZFCL #CEPR_IMF, #CEPR_ITRE

Banks with loan portfolios concentrated in sectors exposed to competition from China faced an increase in nonperforming loans after China’s entry into the World Trade Organization, fadi hassan and Veronica Rappoport nber.org/papers/w31111

Don’t miss this paper! 😉

BOATW (Bank Ownership Around the World) New paper 📜 Dataset 🔢 Webpage 🕸️ 🧵 1/3 The paper focuses on bank ownership (state and foreign) covering more than 6,500 banks in 181 countries over 1995-2020. It's available here: ideas.repec.org/p/gii/giihei/h…

Quando apri la buca delle lettere e scopri che il tuo amico fadi hassan ha scritto con Gianmarco Ottaviano la migliore introduzione recente alla macro per l'Italia! 👏👏👏

Everything you always wanted to know about the Irish economy since it joined Europe (but were afraid to ask); boiled down into 75 pages in this new book by John FitzGerald and myself. (And free to download for the next fortnight 🙂) cambridge.org/core/elements/…

New paper "A Framework for Geopolitics and Economics" A model to understand how geopolitical power and economic coercion shape the global economy. Geopolitical power arises when a country can consolidate disparate threats across multiple economic domains to extract surplus.

A fascinating and little-known fact about U.S. history🇺🇸: The U.S.once relied heavily on a tax system, strikingly similar to a wealth tax, that played a key role in fueling its growth and development. A thread diving into the intriguing history of the General Property Tax.🧵

We had another fabulous #TradeDay at BU! Great presentations by Matilde Bombardini David Hémous Fernando Parto and Lin Tian