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Interesting paper: 161 researchers in 73 research teams used the same data and hypothesis (immigration reduces support for social policies among the public), but arrived at different results and conclusions. Paper in PNAS

My conversation with Paul Krugman Global Inequality: Branko Milanovic Talking with the guy down the hall paulkrugman.substack.com/p/global-inequ…

Similar developments are going to happen in several European central banks, and that is why attempts by a few economists and jurists to create a commotion around the period of CBs losses, failed completely,

From Bloomberg, the risks of Trump policy for Europe: bloomberg.com/news/articles/…. “The US is demanding the European Union make what the bloc’s officials see as unbalanced, unilateral concessions as part of ongoing trade talks, setting up a tough decision over whether to move ahead

Thank you very much Grimm's FX Fairy Tales @GFXFTS! Have a great weekend, everyone.

Merci bien Christophe Barraud🛢🐳 ! I wish you all a great weekend

Quoted from the FT: “The world’s leading economies have agreed to a deal to spare the US’s largest companies from paying more corporate tax overseas, throwing into doubt the status of the biggest global tax deal in over a century.” This is very sad. Nobody who cares about the

The G7 is exempting American multinationals from the global minimum tax. It’s pathetic and scandalous.

The ECB Monetary Forum in Sintra started today with two disappointing research papers. Fortunately the next two papers for tomorrow are more interesting. The first paper, on “ Euroslerosis at 40 labor market institutions, dynamism and European competitiveness” tries to prove that

Beyond words: Donald Trump, the President of the United States just launched the commercialisation and publicity of a perfum. From The Hill publication: “The President took a break from the issues that have dominated his social media messages in recent days — political feuds, the

🇺🇸 Tariffs revenues came in at a $320bn annual rate in June, not fully passed through yet but also before any substitution and growth effects. Huge uncertainty over tariffs cruising speed and how it will impact the net effect of fiscal policy.

CENTRAL BANKS BRIEFLY IN "A GOOD PLACE" - SINTRA’s ECB FORUM Check out my new post on Substack with my comments and a summary of the ECB´s Forum where some important issues were raised. Central Banks will be soon challenged in their present positions by weaker economies, trade

You made a relevant contribution to the Forum. See summary and comments at Vanessa Constancio.substack

Merci bien Christophe Barraud🛢🐳 ! Have a nice weekend, everyone.

Thank you very much Grimm's FX Fairy Tales @GFXFTS! I wish you all a great weekend

Grateful for another superb semester at WU Economics Dept. & all the students I meet there! We had great fun – discussing ECB Governing Council meetings; speeches by Schnabel, Lane & V Constancio; Draghi Report. Ofc US Admin also gave us ample to talk about weekly. Teaching is great!

Indeed!

Merci bien Christophe Barraud🛢🐳 ! Have a great weekend, everyone.