This is not the 1970s! Compared to the 1970s, recent developments of the wage share and GDP deflator have been muted. Second-round effects from higher energy prices on inflation have been largely absent since 1999. New ECB research 👇

Inequality more than doubles global energy requirements and makes climate mitigation much more difficult to achieve. Hence, reducing inequality is also important from a climate policy perspective. New paper in Nature Communications: nature.com/articles/s4146…

Happening now: Roberta Terranova presenting her paper on #Climate #Beliefs at the 5th #BehavioralMacroWorkshop at Universität Bamberg Emanuele Campiglio Deutsche Bundesbank IMK Hans-Böckler-Stiftung Economists for Future UN Climate Change DAAD News

@enri_turco presents his work on Declining Business Dynamism (with Roberta Terranova -again 😉 - and Domenico Delli Gatti) in a Macro ABM at the 5th #BehavioralMacroWorkshop at Universität Bamberg!

Nice article by ⁦Adam Tooze⁩ on US Treasury market, its implicit (and potentially fragile) public-private partnership and its evolution over time adamtooze.com/2023/09/08/unt…

New article available open access on JEDC! together with Roberta Terranova and Francesco Lamperti sciencedirect.com/science/articl…

As a warm-up for the #WEHIA2024 Conference at Universität Bamberg beginning tomorrow, Roberta Terranova gives a PhD workshop on Bounded Rationalität and Climate Macro Modelling. Conference website: uni-bamberg.de/vwl/forschung/… #EconTwitter Andrea Roventini Frank Westerhoff Mishael Milakovic

📢📢Hi #econtwtitter! Interested in production networks, climate change and natural disaster impact assessment? check out this open PhD position in the National Program on Sustainable Development and Climate Change PhD in Sustainable Development and Climate Change at IUSS PAVIA iusspavia.it/it/node/2412

When policymakers set high targets but fail to commit to them, they create a cycle of credibility loss and increased transition risks. A new study by CMCC shows how this negative feedback loop leads to policy backfiring 👉 cmcc.it/article/believ… Roberta Terranova Emanuele Campiglio

Industrial production in Germany is down by ~15% compared to end-2017. via Daniel Kral