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Great to see our VoxEU column out today on "design-based fiscal stimulus": the design of fiscal stimulus policies (e.g., using prepaid cards with expiry dates) can strongly affect their impact on aggregate demand 👇👇👇 cepr.org/voxeu/columns/…

Read the latest CEPR VoxEU column in which Johannes Boehm, Etienne Fize, & Xavier Jaravel discuss the evidence and macro implications of the design of fiscal stimulus policies cepr.org/voxeu/columns/…

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Design-based fiscal stimulus transfers: Evidence and macro implications Johannes Boehm Johannes Boehm Geneva Graduate Institute, Etienne Fize Paris School of Economics IPP - Institut des politiques publiques, Xavier Jaravel Xavier Jaravel LSE LSE Department of Economics ow.ly/BhhM50U8UAG

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Economics for a Better World Geneva Graduate Institute please RT & sign up 11th Dec. 2024 Ugo Panizza & B. Weder di Mauro graduateinstitute.ch/communications… 12th Dec. 2024 Dominic Rohner & Cedric Tille graduateinstitute.ch/communications… 7th Jan. 2025 Johannes Boehm & Joëlle Noailly graduateinstitute.ch/communications…

[1/n] Great see how our op-ed on the "missing monetary policy tool" out in Project Syndicate, with Johannes Boehm. The gist: central banks should get ready for direct monetary transfers to households. 👇👇👇👇👇 project-syndicate.org/commentary/cen…

Central banks should prepare – both legally and operationally – to carry out direct transfers to households when conventional monetary policy fails, argue Johannes Boehm and Xavier Jaravel. bit.ly/49FoFlQ

Interesting new research by Xavier Jaravel & Johannes Boehm with new evidence that direct central bank transfers to households can be an powerful stimulus tool at the ZLB - provided it's time-limited, exceptional and carried out in full political independence. project-syndicate.org/commentary/cen…

Just as it makes no sense to ban painkillers despite the risk of abuse, it makes no sense to forswear a monetary-policy tool because it must be employed with caution, observe Johannes Boehm and Xavier Jaravel. bit.ly/49FoFlQ

The fantastic paper by Johannes Boehm, Etienne Fize, and Xavier Jaravel, presenting 5 facts about MPCs, is out at AER! Watch their Virtual Israel Macro Meeting (VIMM) seminar on YouTube: youtu.be/SVoD0HM3IPA?si… AEA Journals Geneva Graduate Institute Paris School of Economics LSE CEPR #EconTwitter #Research #Economics #EconX

1/6 Economics for a Better World Study at the Geneva Graduate Institute 🎓 Passionate about economics & policy? Our Master’s in Economics provides rigorous academic training & practical policy skills Here's why you should apply! (please RT) Dominic Rohner Johannes Boehm Gilles Carbonnier

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I do not think that the government's formula is an appropriate way to think about reciprocal tariffs. And it is unclear what the note references or doesn’t from my research with Cavallo et al. But I believe our work suggests the value for the “elasticity of import prices to

As Olivier Blanchard points out, the bulk of the price response to tariffs might come from domestic manufacturers due to reduced competition. That's exactly what we found when we studied the China shock in the 2000s: xavierjaravel.com/_files/ugd/bac…

Every time this picture shows up in my social media feed I become more convinced that this graph from a paper by Johannes Boehm is maybe the best econ graph ever.

Burn.

Pretty incredible to have one of your favourite non-fiction authors discussing your research! Thank you to Peter Frankopan for talking about my work with Thomas Chaney on coins, trade, and the end of antiquity on his substack: peterfrankopan.substack.com/p/coins-in-the…