Diego Bohórquez (@diegoebm) header
Diego Bohórquez (@diegoebm) profile picture

Senior Economist @bancaditalia | PhD from @UPFBarcelona | International macro-finance and banking

Roma
Joined September 2013
Thank you, Luca! If you are interested in the Fed's swap lines, their macro implications, and the incentives behind the intervention, feel free to check out my JMP (diegoboh.github.io/) or reach out to me directly!
The United States as the International Lender of Last Resort: very cool paper by @diegoebm (diegoboh.github.io/), who is on the market this year. This paper suggests that the US, rather than the banker of the world, really acts as the world's central banker. Check it out!
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📢 We’re hiring predoc/research trainees at the Bank of Italy Great opportunity for recent graduates to gain hands-on research experience in a central bank 12 positions available in the Economics and Statistics Dpt. Spread the word👇 bancaditalia.it/chi-siamo/la…
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So glad to see this paper forthcoming in the AER. I learned a lot by working on it, and collaborating with @Federomei1 is always fun. Thanks a lot to the editor, the referees and everyone else who gave us useful suggestions. Special thanks to @diegoebm for excellent r.a. work!
Forthcoming in the AER: "Monetary Cooperation during Global Inflation Surges" by Luca Fornaro and Federica Romei. aeaweb.org/articles?id=10.12…
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Luca on why weak aggregate demand today can hold back growth tomorrow. Great episode! 👇
New episode! Luca Fornaro on Hysteresis, Endogenous Growth, and Aggregate Demand Polices Luca Fornaro and David Beckworth analogize how the phenomenon of hysteresis impacts an economy.
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Check the contents of our new book on The Data Economy
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Deeply honored to receive a @ERC_Research Consolidator grant! The MACROGROWTH project will shed light on how monetary and fiscal policies should be designed to ensure that new, and potentially disruptive, technologies deliver higher productivity and widespread welfare gains.
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TODAY CREI@30. We’re celebrating 30 years! CREi@30 conference with current and past researchers, students, visitors, staff, and friends! @iCERCA
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Hi #EconTwitter! Believe it or not, I’m on the Econ/Finance job market this year at @ImperialBiz. My JMP studies the role of information in safe asset liquidity crises and is joint work with @RobertCzech8 from the BoE. 🚨A quick summary thread🚨#EconJMP tinyurl.com/2uvhz8xp
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The Data Economy - a graduate textbook, complete with questions, answers and slides (on request) -- is now available on Amazon for pre-order. Release date is January 14. amazon.com/Data-Economy-Tool… or press.princeton.edu/books/ha… #econtwitter #dataecon #finance
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I learned a lot from this paper. Make sure to check it out!
Glad to see The Global Financial Resource Curse forthcoming in the AER! In a nutshell, this paper provides a framework to study jointly macroeconomic policies, capital flows and global productivity growth; leading to some surprising, but empirically sound, predictions.
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🚨New working paper🚨 "𝐔𝐧𝐝𝐞𝐫𝐬𝐭𝐚𝐧𝐝𝐢𝐧𝐠 𝐅𝐢𝐫𝐦 𝐃𝐲𝐧𝐚𝐦𝐢𝐜𝐬 𝐰𝐢𝐭𝐡 𝐃𝐚𝐢𝐥𝐲 𝐃𝐚𝐭𝐚" with @almostcertainly We study how firms respond to macro shocks during post-pandemic inflation. Paper: shorturl.at/fzzXr Talks: @unipv Macro Forum & @VfS_econ
How do firms’ plans and expectations respond to macroeconomic shocks? We study this question for the post-pandemic inflation surge based on novel daily time series data from German firm surveys.
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This is spot on. Cheap imports and capital inflows from China are likely to hurt US productivity growth, a sort of "financial resource curse". But cheap capital inflows can help US government to finance industrial policies, thus reversing the curse.
Replying to @Brad_Setser
Right now, not having an industrial policy means importing China's industrial policies: "Washington’s goal of expanding U.S. manufacturing can’t be achieved if overproduction in China continues, and some industries—especially renewable energy—are feeling pressure" 5/
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I am very excited to see my paper "The geographic effects of carbon pricing" published in the EER! Here is the link to the paper: authors.elsevier.com/a/1jZif…
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Only a few days left to submit to this amazing workshop! This year's focus: secular trends and structural factors in international macro and finance 🔥 Keynote: Andrei Levchenko 🤩 Submit here 👉 bankofengland.co.uk/events/2… @AydanDogan @lulucarpi Julia Schmidt Daniel Ostry
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🚨 Call for Papers 🚨 We are also organizing in December at @fenuchile the Dev Macroeconomics/ Int Trade workshop. Send us your paper and join us in Santiago!
2024 RIDGE DECEMBER FORUM Call for papers for the Growth and Development in Macroeconomics / International Trade workshop Submit your paper: ridge.org.uy/2024-december-f…
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New CEPR Discussion Paper - DP18943 #Capital Flows and #ExchangeRates: A Quantitative Assessment of the Dilemma Hypothesis @AmbrogioCB @bankofengland, @APFerrero @UniofOxford, Shangshang Li @LivUni ow.ly/o4bt50R15FM #CEPR_IMF #economics
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🚨Fully in person seminar🚨 Tomorrow Wednesday 6th at 11:30 am (GMT-3:00) we will have Humberto Martínez (@decon_uchile) at the @bcentralchile presenting his work titled “Capital Controls on Outflows: New Evidence and a Theoretical Framework”.
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New: "Capital Controls and Firm Performance" by Eugenia Andreasen (@decon_uchile), Sofía Bauducco (@CBChileresearch) and Evangelina Dardati (@faeudp). doi.org/10.1016/j.jinteco.20… 1/2
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1/4 Important point by the FT: China's "targeted lending differs from broad western-style monetary easing, according to the central bank, by channelling cheap credit into strategic areas to boost the economy without stoking inflation." ft.com/content/87274e87-ca93… via @ft
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