iiinova — where your digital self keeps evolving

International and Monetary Economics Network @intmon.bsky.social · 15h

Super interesting! "The Investment Channel of Monetary Policy: Disentangling Firm Heterogeneity" by Thomas Drechsel, Daniel Lewis, Davide Melcangi, and Laura Pilossoph. thomas-drechsel.com/papers/DMLP....

041

International and Monetary Economics Network @intmon.bsky.social · 29/09/2026

Highly relevant! 💻 WEBINAR: “Industrial Policy and Trade Tensions in Strategic Sectors”, Lorenzo Rotunno (IMF) ⏲️ November 19, 16:00 – 17:00 CET REGISTRATION HERE: forms.cloud.microsoft/r/atjmYR5wpf Working paper: www.imf.org/en/publicati...

060

International and Monetary Economics Network @intmon.bsky.social · 29/09/2026

Super interesting! "Globalization, Inflation Dynamics, and the Slope of the Phillips Curve" by Colin Hottman and Ricardo Reyes-Heroles. "We study how international trade has affected U.S. inflation dynamics." www.dallasfed.org/~/media/docu...

050

International and Monetary Economics Network @intmon.bsky.social · 28/09/2026

Food for thought! Medium-term inflation expectations for the euro area: The respondents in our recent poll expect euro area inflation to average above two percent. imeneconomics.substack.com/p/our-imen-u...

040

International and Monetary Economics Network @intmon.bsky.social · 28/09/2026

Super interesting! "Subjective Models of the Macroeconomy and the Transmission of Monetary Policy" by D’Acunto, Georgarakos, Kenny, and Weber. "Our findings stress that heterogeneity in subjective models is an overlooked determinant of monetary policy transmission." www.nber.org/papers/w35831

040

International and Monetary Economics Network @intmon.bsky.social · 27/09/2026

Highly relevant! "The Economics of Transformative AI," edited by Ajay Agrawal, Erik Brynjolfsson, and Anton Korinek. "The studies in this volume develop economic frameworks for understanding the conditions under which AI might enhance or undermine human flourishing." amzn.to/47li3c1

072

International and Monetary Economics Network @intmon.bsky.social · 27/09/2026

Food for thought! "Monetary Policy and the Wealth Distribution" by Alessandro Franconi and Giacomo Rella. "Using the Distributional Financial Accounts of the United States, we study the effects of monetary policy on the wealth distribution." www.banque-france.fr/en/publicati...

072

International and Monetary Economics Network @intmon.bsky.social · 27/09/2026

Thought-provoking! "Sea Change: America's New Great Game in the Arctic Circle" by Rana Foroohar. amzn.to/4ylQUBM "Rana Foroohar takes readers aboard America’s only Arctic icebreaker ...to reveal how climate change is reshaping global trade, national security, and industrial policy."

082

International and Monetary Economics Network @intmon.bsky.social · 26/09/2026

Thought-provoking! WEBINAR: “Empires, Nation-States, and Democracies”, Gérard Roland (University of California, Berkeley). October 14, 18:00 – 19:00 CEST REGISTRATION HERE: forms.cloud.microsoft/r/5E0YPnib42 Here is the link to the book: amzn.to/45tym5E

061

International and Monetary Economics Network @intmon.bsky.social · 26/09/2026

Highly recommended! Karl Brunner Distinguished Lecture “The Central Bank, Growth and the European Construction” by Mario Draghi. Thursday, 1 October 2026, ETH Zurich, 5.30 – 7.00 pm Live streaming: www.snb.ch

050

International and Monetary Economics Network @intmon.bsky.social · 26/09/2026

Thought-provoking! "Macroeconomic Policies for an Innovation-Driven European Economy" by Luca Fornaro. "The European Union faces a choice: keep competing in low-tech sectors by compressing wages, or become a genuine technological leader through innovation." cepr.org/publications...

030

International and Monetary Economics Network @intmon.bsky.social · 25/09/2026

Highly relevant! "Inflation composition and monetary stabilization" by Andreolli, Rickard, Surico, and Vergeat. "This paper asks when the aggregation that measures the cost of living is also the one that should guide monetary stabilization." www.bankofengland.co.uk/working-pape...

030

International and Monetary Economics Network @intmon.bsky.social · 25/09/2026

Food for thought! Oil prices: A steadily increasing share of participants in our recent polls expect prices to be above 100 USD per barrel at the end of 2026. imeneconomics.substack.com/p/copy-our-i...

020

International and Monetary Economics Network @intmon.bsky.social · 25/09/2026

Super interesting! 💻 WEBINAR: “Central Bank Balance Sheets and Financial Crises: New Historical Evidence from Advanced and Emerging Economies since 1900,” Pablo Aguilar, joint work Eric Monnet. ⏲️ November 11, 16:00 – 17:00 CET REGISTRATION HERE: forms.cloud.microsoft/r/9z1qbHVC8W

030

International and Monetary Economics Network @intmon.bsky.social · 24/09/2026

Highly relevant! "Demand-driven inflation" by Domenico Giannone and Giorgio Primiceri. "Post-covid inflation was predominantly driven by unexpectedly strong demand forces— both in the United States and in the Euro Area." www.brookings.edu/articles/dem...

brookings.edu

Demand-driven inflation | Brookings

Post-COVID inflation in the U.S. and Euro Area was driven mainly by unexpectedly strong demand—not supply shocks—new research finds.

030

International and Monetary Economics Network @intmon.bsky.social · 24/09/2026

Super interesting! "Inflation narratives and risk premia" by Fonseca, Martorana, Schupp, and Trebbi "Theory suggests inflation risk premia are positive when supply shocks are expected to dominate demand shocks and negative otherwise. We measure these beliefs..." www.ecb.europa.eu/pub/pdf/scpw...

030

International and Monetary Economics Network @intmon.bsky.social · 23/09/2026

This looks like a must-read! "Unraveling the cobweb of global imbalances: drivers, vulnerabilities, and adjustment scenarios" by Stefan Avdjiev, Kristin Forbes, Tsvetelina Nenova, and Marjorie Santos. www.bis.org/publications...

051

International and Monetary Economics Network @intmon.bsky.social · 23/09/2026

Super interesting!😉 Our IMEN Updates & Highlights 2026 #32: Maritime chokepoints, forward guidance, business cycles and the climate transition, and much more... imeneconomics.substack.com/p/our-imen-u...

030

International and Monetary Economics Network @intmon.bsky.social · 23/09/2026

Very valuable! We are resharing this book now that it has been published. "Macroeconometrics" by Alessia Paccagnini. amzn.to/4zMX66H "Macroeconometrics provides a rigorous yet accessible guide to the tools used to analyse dynamic economic systems in a rapidly evolving empirical environment."

030

International and Monetary Economics Network @intmon.bsky.social · 23/09/2026

Thought-provoking! 💻 WEBINAR: “Empires, Nation-States, and Democracies”, Gérard Roland (University of California, Berkeley). ⏲️ October 14, 18:00 – 19:00 CEST REGISTRATION HERE: forms.cloud.microsoft/r/5E0YPnib42 Here is the link to the book: amzn.to/45tym5E

040

International and Monetary Economics Network @intmon.bsky.social · 22/09/2026

041

International and Monetary Economics Network @intmon.bsky.social · 22/09/2026

Interesting! "Forward Guidance for Skeptical Markets" by Jimenez-Gimpel. "...a theory of forward guidance that captures two key features of central bank communication: announcements are not fully state-contingent, and the private sector is wary of policy mistakes." papers.ssrn.com/sol3/papers....

040

International and Monetary Economics Network @intmon.bsky.social · 22/09/2026

Super interesting! "Risk Appetite and Monetary Transmission" by Michael Bauer, Maik Schmeling, and Andreas Schrimpf. www.frbsf.org/research-and...

030

International and Monetary Economics Network @intmon.bsky.social · 21/09/2026

Food for thought! "Money and Power: Historical Lessons for Stablecoins and U.S. Dollar Dominance" by Michael D. Bordo and Carolyn Wilkins. www.nber.org/papers/w35768

050

International and Monetary Economics Network @intmon.bsky.social · 21/09/2026

Thought-provoking: Is There Misallocation of Inventors Across Firms? 💻 WEBINAR: "Ideas and Firm Dynamics: When It Takes Two to Tango", Jane Olmstead-Rumsey (London School of Economics). ⏲️ September 22, 16:00 – 17:00 CEST REGISTRATION HERE: forms.cloud.microsoft/r/W4WF7TQa7f

030

International and Monetary Economics Network @intmon.bsky.social · 20/09/2026

Highly relevant! "Hegemonic Globalization" by Fernando Broner, Alberto Martin, Josefin Meyer, and Christoph Trebesch. "How do shifts in the global balance of power shape globalization?" www.ecb.europa.eu/press/confer...

050

International and Monetary Economics Network @intmon.bsky.social · 20/09/2026

How strong is the U.S. economy? Nowcasts for GDP growth in the third quarter currently indicate annualized growth rates between 2.3 and 4.7 percent. Although the economy is facing several headwinds, GDP growth is currently expected to remain solid. imeneconomics.substack.com/p/our-imen-u...

153

International and Monetary Economics Network @intmon.bsky.social · 20/09/2026

Food for thought! "Innovation, Business Cycles, and the Climate Transition" by Diego R. Känzig, Maximilian Konradt, Lixing Wang, and Donghai Zhang. "We study how business cycle fluctuations shape the pace and direction of innovation." dkaenzig.github.io/diegokaenzig...

052

International and Monetary Economics Network @intmon.bsky.social · 19/09/2026

Highly relevant! "The New Supply-Side Era: The O-Ring Meets Geopolitics" by Peter Orszag, Eric Van Nostrand, Noah Barbieri, and Layla McDermott. "..supply shocks are now a dominant source of macroeconomic variance." www.lazard.com/news-announc...

060

International and Monetary Economics Network @intmon.bsky.social · 18/09/2026

Super interesting! "Ratings, Debt, and Deficits: An Exploration" by Olivier J Blanchard, Daniel Leigh, and Prachi Mishra. "We look at the effects of debt and primary fiscal balances on sovereign credit ratings through the lens of a simple model." www.imf.org/en/publicati...

030

International and Monetary Economics Network @intmon.bsky.social · 18/09/2026

Highly relevant! 💻 WEBINAR: “Critical Minerals, Geopolitics, and the Green Transition”, Jonathan Elliott (Johns Hopkins University). ⏲️ October 29, 17:00 – 18:00 CET REGISTRATION HERE: forms.cloud.microsoft/r/z7cxSzG2Qg Here is the link to the paper: jonathantelliott.com/files/critic...

030

International and Monetary Economics Network @intmon.bsky.social · 18/09/2026

Thought-provoking, perhaps controversial, and certainly worth reading! "Greenback Empire: Global Dollar Dominance and the New Cold War" by Ho-fung Hung. amzn.to/4haO3nM

063

International and Monetary Economics Network @intmon.bsky.social · 18/09/2026

Super interesting! "Core inflation communication in practice" by Amaral, Salcedo, Shim, and Wynne. "Using a large language model to read central bank publications, we uncover patterns in how central banks communicate about core inflation." www.bis.org/publications...

030

International and Monetary Economics Network @intmon.bsky.social · 17/09/2026

Central Bank Communication: Old and New Challenges In the coming weeks, we will put a special focus on this topic. In addition to our own selections, we encourage you to submit your contributions (High-quality research and policy papers, other relevant content): forms.cloud.microsoft/r/4pM5W3LemY

042

International and Monetary Economics Network @intmon.bsky.social · 17/09/2026

Very valuable! "Financial Markets and Institutions" by Frederic Mishkin and Stanley Eakins. "Financial Markets and Institutions takes a practical approach to the changing landscape of financial markets and institutions." amzn.to/4cSnylP

052

International and Monetary Economics Network @intmon.bsky.social · 17/09/2026

Highly relevant! "Endogenous monetary policy effectiveness" by Valerio Scalone and Silvana Tenreyro. "How does the effectiveness of monetary policy vary over the policy cycle?" www.ecb.europa.eu/pub/pdf/scpw...

030

International and Monetary Economics Network @intmon.bsky.social · 17/09/2026

Super interesting! 💻 WEBINAR: "Ideas and Firm Dynamics: When It Takes Two to Tango", Jane Olmstead-Rumsey (London School of Economics), joint work with Seula Kim and Honghao Wang. ⏲️ September 22, 16:00 – 17:00 CEST REGISTRATION HERE: forms.cloud.microsoft/r/W4WF7TQa7f

030

International and Monetary Economics Network @intmon.bsky.social · 16/09/2026

Super interesting! 😉 Our IMEN Updates & Highlights 2026 #31: Macroeconomics and climate change, the new space economy, bond yields, inflation expectations, and much more… imeneconomics.substack.com/p/our-imen-u...

020

International and Monetary Economics Network @intmon.bsky.social · 16/09/2026

Fantastic news! Michael Kremer Appointed as World Bank Group Chief Economist www.worldbank.org/en/news/pres... © Nobel Media. Photo: A. Mahmoud

040

International and Monetary Economics Network @intmon.bsky.social · 16/09/2026

Super interesting! "Expectations-based Capital Inflow Shocks" by Jongrim Ha, Dohan Kim, M. Ayhan Kose, and Francis E. Warnock. "We develop a new measure of capital inflow shocks..." www.nber.org/papers/w35716

062

International and Monetary Economics Network @intmon.bsky.social · 15/09/2026

Highly relevant! U.S. monetary policy: Our polls have shifted since the end of July. Most participants initially expected the Fed to leave rates unchanged in September. After Kevin Warsh’s speech at Jackson Hole, a majority now expects a hike. imeneconomics.substack.com/p/us-monetar...

062

International and Monetary Economics Network @intmon.bsky.social · 15/09/2026

Food for thought! In the second quarter, GDP growth in the euro area was stronger than expected. Irish data add volatility to the euro area aggregate, but the pattern remains solid when adjusting for that. imeneconomics.substack.com/p/euro-area-...

030

International and Monetary Economics Network @intmon.bsky.social · 14/09/2026

Thought-provoking, perhaps controversial, and certainly worth reading! "The Capitalist Era: The Making―and Unmaking―of the Global Mind" by Jeremy Adelman. amzn.to/3USXyk3 "...leading global historian Jeremy Adelman puts the world’s current unwinding in much-needed historical perspective."

064

International and Monetary Economics Network @intmon.bsky.social · 14/09/2026

Highly relevant! "Financing the digital economy: the role of private credit" by Abbassi, Aldasoro, and Doerr. "Whether the fast growth of the tech sector and private credit are sustainable or ultimately bear risks for financial stability remains an open question." www.bis.org/publications...

040

International and Monetary Economics Network @intmon.bsky.social · 14/09/2026

Super interesting! 💻 WEBINAR: “Beyond the Short Run: Monetary Policy and Innovation Investment,” Olga Goldfayn-Frank (German Bundesbank), joint work with Michaela Elfsbacka-Schmöller and Tobias Schmidt. ⏲️ September 16, 16:00 – 17:00 CEST REGISTRATION HERE: forms.cloud.microsoft/r/8n25LgpJnf

040

International and Monetary Economics Network @intmon.bsky.social · 13/09/2026

Super interesting! "The Fiscal Implications of Parallel Currencies" by Saleem Bahaj and Ricardo Reis. personal.lse.ac.uk/reisr/papers...

041

International and Monetary Economics Network @intmon.bsky.social · 13/09/2026

Very valuable! "Distributional Dynamics" by Christian Bayer, Luis Calderon, and Moritz Kuhn. "We develop a new method for deriving high-frequency synthetic distributions of consumption, income, and wealth." Project webpage with data explorer: www.distributionaldynamics.com#explorer

061

International and Monetary Economics Network @intmon.bsky.social · 12/09/2026

Super interesting! 💻 WEBINAR: “Productivity and Inflation Dynamics,” Jenny Chan (Bank of England), joint work with Ludovica Ambrosino and Silvana Tenreyro. ⏲️ November 3, 16:00 – 17:00 CET REGISTRATION HERE: forms.cloud.microsoft/r/iPv6AFBimq Working Paper: www.bankofengland.co.uk/working-pape...

072

International and Monetary Economics Network @intmon.bsky.social · 11/09/2026

Perhaps good news! Germany Economy Flash September 2026: Public spending supports a moderate recovery At IMEN, we are cautiously optimistic about the German economy. imeneconomics.substack.com/p/germany-ec...

020

International and Monetary Economics Network @intmon.bsky.social · 11/09/2026

Very valuable! "A Guide to Macroeconomics and Climate Change" by Adrien Bilal and James H. Stock. "This paper assesses the literature that links macroeconomics and climate change." Journal of Economic Literature: www.aeaweb.org/articles?id=... Working paper: drive.google.com/file/d/1AeKU...

173