Sign in

Carlos Garriga

@carlosgarriga.bsky.social
609 followers 354 following 103 posts

Director of Research 🧠🔬 Senior Vice President 📈 Federal Reserve Bank of St. Louis 🏦 PhD in Economics 🎓 Universitat de Barcelona 🇪🇸 Driving economic research and shaping monetary policy.

PostsRepliesMedia
Carlos Garriga @carlosgarriga.bsky.social · 19/08/2026
Here is a piece that I recently wrote on committee decision making applied to Central Banks. lnkd.in/p/dZKad9zH
lnkd.in
"Are You Rushing or Dragging?" The Whiplash Theory of Monetary Policy Decision-Making | Carlos Garriga | 18 comments
In a recent panel I moderated with Jason Furman, he asked a critical question about the 2021–2022 cycle: Why did policy start cautiously, only to scramble into four consecutive 75 bps hikes? The answ...
010
Carlos Garriga @carlosgarriga.bsky.social · 19/08/2026
I have been missing BluSky for quite some time. I have been more involved with LinkedIn. But I need to be posting more in this community.
030
Carlos Garriga @carlosgarriga.bsky.social · 21/08/2025
​Jackson Hole Symposium is underway! Great to be back and reconnect with colleagues from the System and central bankers globally. With a Framework review in the mix, there's sure to be plenty to discuss over the next few days. Let's get to it.
041
Carlos Garriga @carlosgarriga.bsky.social · 04/06/2025
Tornado approaching downtown St Louis. The second one in 3 weeks.
051
Carlos Garriga @carlosgarriga.bsky.social · 18/04/2025
We are hiring Students for RA Positions Summer 2025. The Research Division at the Federal Reserve Bank of St. Louis is hiring full-time Research Associates. This is an excellent opportunity to work with, learn, and engage with our reputable economist staff, visiting fellows and scholars.
lnkd.in
EJM - Econ Job Market
113
Carlos Garriga @carlosgarriga.bsky.social · 04/04/2025
A motion is better than a million words. Do you find it relatable? Squeezed from all sides. #EconSky #AcademicSky youtu.be/jKsBlyh-cqw?...
youtu.be
Beckett's Death Scene - Pirates of the Caribbean: At World's End | 4K HDR Clip
YouTube video by Pjeter Studios
030
Carlos Garriga @carlosgarriga.bsky.social · 01/04/2025
It is great to have Diego Mendez-Carbajo discussing how #FRED (Federal Reserve Economic Data) can be best utilized as a powerful tool for teaching personal finance during the upcoming Stanford Financial Education Symposium (April 10–11, 2025). #EconSky #AcademiaSky ifdm.stanford.edu/events/stanf...
ifdm.stanford.edu
Stanford Financial Education Symposium
040
Carlos Garriga @carlosgarriga.bsky.social · 29/03/2025
Did you know Spain is a powerhouse not only in football and tennis, but also in central banking? In his recent post on Nada es Gratis, by Galo Nuño (BdE), he highlights the significant, yet often overlooked, contributions of Spanish economists to international monetary institutions. #EconSky
nadaesgratis.es
Españoles: futbolistas, tenistas ¿y banqueros centrales?
Por Galo Nuño El título de esta columna puede haber sorprendido a más de uno (esa era mi intención), pero resume el mensaje principal: además de producir futbolistas y tenistas de talla mundial, Es...
1103
Carlos Garriga @carlosgarriga.bsky.social · 29/03/2025
Revisiting my work with Finn Kydland (2004 Nobel Laureate with Ed Prescott) and Roman Šustek , summarized in 2019 by Central Banking, which introduced the "MoNK" model for analyzing long-term monetary transmission.
131
Carlos Garriga @carlosgarriga.bsky.social · 21/03/2025
Proud to see our collaborative work with Serdar Birinci on overemployed workers being discussed in this CNBC article: "More Americans With College Degrees Are Working Multiple Jobs". This piece highlights some key aspects of the changing work landscape. #EconSky #FinSky www.cnbc.com/2025/03/16/m...
cnbc.com
More Americans with college degrees are working multiple jobs, Fed report finds
In 2024, roughly half of Americans holding multiple jobs have a college degree, according to a report.
010
Carlos Garriga @carlosgarriga.bsky.social · 21/03/2025
Mario Benedetti said that "in life one must avoid three geometric figures: vicious circles, love triangles, and square minds." Nowadays, one could include three-dimensional figures such as political spheres, financial pyramids, and block perspectives. Happy Friday
000
Carlos Garriga @carlosgarriga.bsky.social · 18/03/2025
Unlock a wealth of historical insights! 🗝️ The full collection of the Minutes of the Board of Governors of the Federal Reserve System is now available. You can now search the complete record for deeper understanding of past monetary policy decisions. #EconSky fraser.stlouisfed.org/title/minute...
fraser.stlouisfed.org
Minutes of the Board of Governors of the Federal Reserve System | 1960s | Title | FRASER | St. Louis Fed
This collection contains minutes of meetings of the Board of Governors of the Federal Reserve System (the Federal Reserve Board), as well as meetings of committees of the Board and meetings of the Boa...
082
Carlos Garriga @carlosgarriga.bsky.social · 18/03/2025
Exciting news for all data enthusiasts! 🎉 ALFRED has a fresh new look and updated graphs are now available to all users. Experience a more modern interface and enhanced data visualization. alfred.stlouisfed.org #economics #data #visualization #federalreserve #ALFRED
alfred.stlouisfed.org
Archival FRED | ALFRED | St. Louis Fed
ArchivaL Federal Reserve Economic Data (ALFRED). Over 350,000 real-time economic time series. Download data. Analyze policy decisions. Reproduce research.
040
Carlos Garriga @carlosgarriga.bsky.social · 16/03/2025
This video on tariffs has been circulating widely this week. The issue of protecting domestic winners is a perennial one. However, kudos to the team from the CEA or NEC who contributed to the speech. #EconSky #FinSky #AcademiaSky youtu.be/5t5QK03KXPc?...
youtu.be
President Reagan's Radio Address on Free and Fair Trade on April 25, 1987
YouTube video by Reagan Library
2139
Carlos Garriga @carlosgarriga.bsky.social · 15/03/2025
The dichotomy of modern life is clearly stated in this commercial from the 1990s. Things that humans didn't have to worry about 500 years ago. #EconSky #AcademiaSky #FinSky
111
Carlos Garriga @carlosgarriga.bsky.social · 14/03/2025
A very hot topic these days. Dive into the fascinating evolution of Federal Reserve System employment! 📈 The essay by Genevieve Podleski, Jonathan Rose, and Jona Whipple reveals key trends from 1915 to 2022. You can see the breakdown by bank. #EconSky #FinSky fraser.stlouisfed.org/title/econom...
fraser.stlouisfed.org
Economic Synopses, Statistics on Federal Reserve System Employment, 1915 to 2022, 2023, No. 16 | FRASER | St. Louis Fed
Employment in the Federal Reserve System has been shaped by various factors over time, including demand for services, efficiency and productivity, legislative mandates, and responses to major economic...
030
Carlos Garriga @carlosgarriga.bsky.social · 13/03/2025
Corporate tax discussions are always relevant. My research challenged the idea of zero or negative taxes on investment by incorporating innovation and fixed costs. The optimal corporate tax is positive. #EconSky #FinSky academic.oup.com/jeea/article...
academic.oup.com
Optimal Taxation with Imperfect Competition and Aggregate Returns to Specialization
Abstract. In this article we explore the proposition that, in economies with imperfect competitive markets, the optimal capital income tax is negative and
130
Carlos Garriga @carlosgarriga.bsky.social · 12/03/2025
The duopoly in the US killed daily ski tickets, leading to massive congestion & long lift lines. Removing price signals ruins the experience. #Skiing #EconSky #FinSky www.youtube.com/watch?v=0bfD...
youtube.com
How Vail Destroyed Skiing
YouTube video by More Perfect Union
061
Carlos Garriga @carlosgarriga.bsky.social · 11/03/2025
Explore the U.S. Federal Reserve System's research and publications. Insights at your fingertips. #Fed #Economics #Research #EconSky #FedSky fedinprint.org
fedinprint.org
Fed in Print
150
Carlos Garriga @carlosgarriga.bsky.social · 10/03/2025
Chicken or egg? Price puzzle solved! 🥚 FRED data cracks the case: the egg comes first. #Economics #FRED #Data #EconSky #FinSky fred.stlouisfed.org/graph/?g=1ElJV
062
Reposted by Carlos Garriga
Yuriy Gorodnichenko @ygorodnichenko.bsky.social · 09/03/2025
10 year ago, Oli Coibion ( @empctmacrotx.bsky.social ) and I had a paper in AEJ Macro about inflation expectations in the U.S. (www.aeaweb.org/articles?id=...). We found that oil/gasoline prices strongly predict inflation expectations. This "iron law" continues to hold. #inflation #EconSky
06017
Carlos Garriga @carlosgarriga.bsky.social · 09/03/2025
If you want to learn more about monetary policy uncertainty, take a look at this index by @nickbloom.bsky.social and coauthors. #EconSky #FinSky fred.stlouisfed.org/series/EPUMO...
fred.stlouisfed.org
Economic Policy Uncertainty Index: Categorical Index: Monetary policy
Economic Policy Uncertainty Index: Categorical Index: Monetary policy
130
Carlos Garriga @carlosgarriga.bsky.social · 09/03/2025
FRED has a great collection of uncertainty indices. #EconSky #FinSky fred.stlouisfed.org/graph/?g=1EfVX
fred.stlouisfed.org
Economic Policy Uncertainty Index for United States | FRED | St. Louis Fed
Graph and download economic data for Economic Policy Uncertainty Index for United States from 1985-01-01 to 2025-03-06 about uncertainty, academic data, indexes, and USA.
2153
Carlos Garriga @carlosgarriga.bsky.social · 07/03/2025
Here's part 2 of Fernando Martin's story about pandemic inflation. The answer's in the title, and you probably won't be surprised. You should also check his more technical piece with our former colleague David Andolfatto. #EconSky #FinSky www.stlouisfed.org/on-the-econo...
stlouisfed.org
The Fiscal Origin of the COVID-19 Price Surge
This analysis examines the role that deficit financing, which was used to pay for federal COVID-19 assistance, may have played in recent inflation.
1105
Carlos Garriga @carlosgarriga.bsky.social · 05/03/2025
How prevalent are workers who hold more than one job, and how have their labor market outcomes changed over the past 30 years? Check by post with Serdar Brink. We look at the state of “overemployment” and the characteristics of multiple job holders: www.stlouisfed.org/on-the-econo... #EconSky
120
Carlos Garriga @carlosgarriga.bsky.social · 01/03/2025
Asimov's final question: a perfect parable of reflexivity. By the time you grasp the answer, it's obsolete. The infinite loop of knowledge, chasing its own tail. A beautiful, haunting paradox. #Asimov #Reflexivity #EconSky #Paradox #Philosophy #SciFi en.m.wikipedia.org/wiki/The_Las...
en.m.wikipedia.org
The Last Question - Wikipedia
052
Carlos Garriga @carlosgarriga.bsky.social · 01/03/2025
Speechless. I cannot believe what I have witnessed today.
050
Carlos Garriga @carlosgarriga.bsky.social · 23/02/2025
Self-explanatory. Happy Sunday #EconSky #FinSky #PhiloSky
142
Carlos Garriga @carlosgarriga.bsky.social · 12/02/2025
Data, data, data ...
000
Carlos Garriga @carlosgarriga.bsky.social · 07/02/2025
Vintage from the archive (August 1, 2014): Meet FRED, every wonk’s secret weapon 1991 - 30 data series 1992 - 300 2013 - 64,000 2014 - 217,000 2024 - 820,000 2025 - Wait for it... #FRED #EconSky #EconFin #FederalReserve #Economics #Data www.washingtonpost.com/news/storyli...
washingtonpost.com
Meet FRED, every wonk’s secret weapon
FRED started as a newsletter about inflation. Now it's the go-to source for economic data.
063
Carlos Garriga @carlosgarriga.bsky.social · 07/02/2025
Where can you find information on all data revisions? Alfred at the St. Louis Fed is your best resource. Check the revised series here: alfred.stlouisfed.org/series?seid=... #EconSky #FinSky #DataReleases #Economics #Data
alfred.stlouisfed.org
Unemployment Rate
Unemployment Rate
050
Carlos Garriga @carlosgarriga.bsky.social · 07/02/2025
Listen to Governor Christopher Waller speak on the future of the US payment system. #Econsky #FinSky #payments #economics #centralbanking www.youtube.com/live/mzIwvs9...
youtube.com
Fed Governor Waller holds discusses on navigating the future of payments
YouTube video by Yahoo Finance
031
Carlos Garriga @carlosgarriga.bsky.social · 06/02/2025
Check out this insightful interview with my colleague Alex Bick and @KathleenHays from Central Bank Central (CBC)! 🎙️ #econsky #finsky #centralbanking #monetarypolicy kathleenhays.substack.com/p/st-louis-f...
kathleenhays.substack.com
St. Louis Fed's Bick: Generative AI Showing Faster Adoption than PC's, Internet Did
STL Fed Study Estimates Generative AI Could Boost Labor Productivity between 0.1% and 0.9%
010
Carlos Garriga @carlosgarriga.bsky.social · 06/02/2025
Level up your economic insights! 🚀 The St. Louis Fed website (www.stlouisfed.org) just got a usability boost. Bookmark it for easy access to research, tools, and data to inform your economic decisions. #FRBStLouis #StLouisFed #Econsky #finsky #research #data #CentralBank #MonetaryEconomics📊
stlouisfed.org
Federal Reserve Bank of St. Louis
As part of the Federal Reserve System, the St. Louis Fed works to promote a healthy economy and financial stability.
010
Carlos Garriga @carlosgarriga.bsky.social · 23/01/2025
PhD Dissertation Fellow - Federal Reserve Bank of St. Louis Research Division Accepting applications for 8 open positions during the summer of 2025. The application deadline is Friday, February 28, 2025. Submit the online application for the dissertation fellow position at econjobmarket.org.
econjobmarket.org
EJM - Econ Job Market
012
Carlos Garriga @carlosgarriga.bsky.social · 20/01/2025
View from the plane: Mexico City ✈️ A mesmerizing blend of urban sprawl & natural beauty. Strong Blade Runner 2049 vibes – stunning, but it's clear the initial settlers didn't anticipate becoming one of the largest & highest capitals globally (2,200m).🤔 #Travel #EconSky
081
Carlos Garriga @carlosgarriga.bsky.social · 19/01/2025
This is a typical Sunday during the swimming season. I hope your weekend is going great. It's the calm before the storm in the next couple of policy weeks. #econsky
030
Carlos Garriga @carlosgarriga.bsky.social · 18/01/2025
Sharing a quick summary of some of the work that the team has done recently. Come and check our webs for additional content. fedinprint.org/search?sort=... #FRED #FRASER #economics #monetarypolicy #StLouisFed
stlouisfed.org
Federal Reserve Bank of St. Louis
As part of the Federal Reserve System, the St. Louis Fed works to promote a healthy economy and financial stability.
020
Carlos Garriga @carlosgarriga.bsky.social · 16/01/2025
Eliminating red dye is a start, but we need a complete overhaul of the food system. Less processed food, more whole foods. Progress don't regress. #foodrevolution #healthyeating #EconSky www.usatoday.com/story/news/h...
usatoday.com
FDA bans Red No. 3 food dye in food, drinks: Here's what to know
The FDA announced on Wednesday that it has banned the use of Red No. 3, an additive used to give food and drinks a cherry-red color.
150
Carlos Garriga @carlosgarriga.bsky.social · 10/01/2025
Probably since Milton Friedman, we haven't had a public figure being outspoken. We had successful academics being part of the CEA, NEC, UST. Currently, the mainstream public would not be able to name a single economist as prominent as those in the 1970-80s. #EconSky www.nytimes.com/2025/01/10/b...
nytimes.com
130
Carlos Garriga @carlosgarriga.bsky.social · 10/01/2025
Today marks the release of the transcripts from the Federal Open Market Committee (FOMC) meetings held in 2019!📜 Next January we can expect the release of transcripts from the first pandemic year. #FOMC #Fed #MonetaryPolicy #Economics #EconSky #FinSky www.federalreserve.gov/monetarypoli...
federalreserve.gov
2019
The Federal Reserve Board of Governors in Washington DC.
021
Carlos Garriga @carlosgarriga.bsky.social · 09/01/2025
I guess this picture is going viral, but it is really scary to see the damage done by the fires in Palisades, CA.
011
Carlos Garriga @carlosgarriga.bsky.social · 08/01/2025
Top 8 Sources of Macroeconomic Data 📈 Free data goldmines for journalists. This list spotlights 8 key sources, including regional Fed banks. Top of the list? 🥇 FRED (Federal Reserve Economic Data) maintained by the St. Louis Fed. #EconSky #FinSky #Econ journalistsresource.org/economics/ec...
journalistsresource.org
If you report on the U.S. economy, get to know these data sources
We spotlight 8 free data sources journalists can use to report on economic issues ranging from GDP and inflation to economic inequality.
270
Carlos Garriga @carlosgarriga.bsky.social · 07/01/2025
We're thrilled to announce that Ali Wolf, Chief Economist at Zonda will be a keynote speaker at the 2025 Women in Economics Symposium in March! 🏡📈 Ali joins President Cecilia Rouse, who will deliver the main keynote. 👩‍🎓 Register by clicking the link below. events.stlouisfed.org/event/f5ef29...
010
Carlos Garriga @carlosgarriga.bsky.social · 01/01/2025
Happy New Year!🎉 I wish you a prosperous and fulfilling 2025. May the new year bring you joy, health, and success. 🥂✨ #HappyNewYear #NewYear2025 #econsky #finsky
040
Carlos Garriga @carlosgarriga.bsky.social · 29/12/2024
Riddle time! 🧠 The mute told the deaf that the blind was watching him. This Spanish riddle/paradox challenges our understanding of communication and perception. Who's telling the truth here? Perhaps the truth lies in the absurdity of the situation itself. #econsky #paradox #philosophy #spanish
130
Carlos Garriga @carlosgarriga.bsky.social · 27/12/2024
It is very easy to get your ducks in order with RePEc. The holidays are the best time to do it. Do not leave it as a New Year Resolution #econsky #finsky
010
Carlos Garriga @carlosgarriga.bsky.social · 23/12/2024
Was China's Housing Boom a Bubble?🤔 Our recent article highlights that while rapid economic growth and urbanization were key drivers, "fundamental forces" like income 📈 and population growth 👪 largely explain the nationwide trend. #econsky www.stlouisfed.org/publications...
stlouisfed.org
Was China's Housing Boom a Bubble?
Carlos Garriga and co-authors analyze China’s housing market and look for signs indicating a bubble: They find evidence fundamental factors, especially income and population growth, largely explain ho...
020
Carlos Garriga @carlosgarriga.bsky.social · 23/12/2024
Dem Post-mortem "Asked to compare to an animal. One said "An ostrich because they’ve got their heads in the sand and are absolutely committed to their own ideas, even when they’re failing.” Another "koalas, who are complacent and lazy about getting policy wins.” www.politico.com/news/2024/12...
politico.com
New research shows the massive hole Dems are in
Even voters who previously backed Democrats cast the party as weak and overly focused on diversity and elites.
000
Reposted by Carlos Garriga
diegomendezcarbajo.bsky.social @diegomendezcarbajo.bsky.social · 22/12/2024
A slice (🍰) of recent work from the Research Division of the Federal Reserve Bank of St. Louis. Follow us (🛎️) to keep up with what is new and noteworthy in economics (💡). www.linkedin.com/posts/stloui...
linkedin.com
Federal Reserve Bank of St. Louis on LinkedIn: Research Roundup
Here’s a roundup🔍 of the latest economic research and data from the St. Louis Fed: ➡️“Regional Trends in Inflation and Nominal Wages” — Inflation is often…
021