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Some pictures from this great session in the last #ARCPOLAK @mazzimon77 Thomas Drechsel Ceyla Pazarbasioglu

At the AEA meetings in San Francisco? Check out this nice session on Friday morning: "Identifying Monetary Policy" With presentations from Amy Handlan Michael Bauer Niklas Kroner myself and Philippe Andrade Thank you Philippe for organizing! #ASSA2025

In 2025, Petr Sedlacek ( Petr Sedlacek ) and I are again running the summer school "Tools for Macroeconomists". For more info and registration, pleases see our webpage: sites.google.com/view/toolsform… Course runs 4-8 (essentials) and 11-15 of August (advanced) Some news 👇🧵1/5

Looking forward to this online seminar! I will present my research on the economic consequences of political pressure on the Federal Reserve: econweb.umd.edu/~drechsel/pape…

How Immune Is the Federal Reserve From Political Pressure? I wrote a short piece for EconoFactOrg - it explains some facts around central bank independence, how the Fed is structured and how politicians might try to interfere with its decisions econofact.org/how-immune-is-…

A recording of my online seminar from last week is now available here: cepr.org/multimedia/imh… I presented my work on the economic effects of political pressure on the Federal Reserve.

Looking forward to giving this online seminar on Thursday International Macroeconomics (IM-TCD) I am presenting a brand new project about the macroeconomic effects of bank regulation Registration link below:

We just completed a first, preliminary draft of a new paper: 𝐓𝐡𝐞 𝐌𝐚𝐜𝐫𝐨𝐞𝐜𝐨𝐧𝐨𝐦𝐢𝐜 𝐄𝐟𝐟𝐞𝐜𝐭𝐬 𝐨𝐟 𝐁𝐚𝐧𝐤 𝐑𝐞𝐠𝐮𝐥𝐚𝐭𝐢𝐨𝐧: 𝐍𝐞𝐰 𝐄𝐯𝐢𝐝𝐞𝐧𝐜𝐞 𝐟𝐫𝐨𝐦 𝐚 𝐇𝐢𝐠𝐡-𝐅𝐫𝐞𝐪𝐮𝐞𝐧𝐜𝐲 𝐀𝐩𝐩𝐫𝐨𝐚𝐜𝐡 Joint with Ko Miura econweb.umd.edu/~drechsel/pape…

Come and see Amy Handlan present her research on 'text shocks and monetary surprises' this Friday I am looking forward to moderating the event

🇺🇸 250 years ago today, the Revolutionary War began at Lexington and Concord. I used to teach at Penn on the Political Economy of Early America, including the economics of the Revolution: sas.upenn.edu/~jesusfv/PEEA_… Still much to learn about the economic history of the 1760s–1790s.

What a nice surprise - I received the AEJ-Macro Best Paper Award for my paper “Earnings-Based Borrowing Constraints and Macroeconomic Fluctuations” The full paper can be found here: aeaweb.org/articles?id=10… Thank you to everyone who helped me write it back in the day 😊

Forthcoming in the AER: "The Long-Run Effects of Government Spending" by Juan Antolin-Diaz and Paolo Surico. aeaweb.org/articles?id=10…

This is an awesome paper by Thomas Drechsel that I feel like finance should be paying more attention to! aeaweb.org/articles?id=10…

Below is a figure showing how often U.S. Presidents and Fed Officials met in the past... (though my data doesn't show who asked for each meeting) Nick Timiraos See here for a full research paper on these meeting patterns: econweb.umd.edu/~drechsel/pape…

Another very interesting Macro Musings episode this week!

"Fed Chair Powell met with Trump at the White House Thursday and told him rate decisions can't be political" cnbc.com/amp/2025/05/29…

Odds for the next Fed Chair on Polymarket Kevin Hasset 24% Scott Bessent 21% Kevin Warsh 19% (as of Wed June 11, 3:11pm EST) polymarket.com/event/who-will…