EUI Working Papers: Recent submissions
Now showing items 1-5 of 5441
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Title:Markets and markups : a new empirical framework and evidence on exporters from China Author(s):CORSETTI, Giancarlo
; CROWLEY, Meredith A.; HAN, Lu; SONG, HuashengDate:2023Type:Working PaperSeries/Number:EUI RSC; 2023/25; Pierre Werner Chair ProgrammeAbstract:Firms that dominate global trade export to multiple countries and frequently change their foreign destinations. We develop a new empirical framework for analysing markup elasticities to the exchange rate in this environment. ...
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Title:The elusive gains from nationally oriented monetary policy Author(s):BODENSTEIN, Martin; CORSETTI, Giancarlo; GUERRIERI, LucaDate:2023Type:Working PaperSeries/Number:EUI RSC; 2023/25; Pierre Werner Chair ProgrammeAbstract:The gains from monetary policy cooperation depend on real and financial distortions in the economy
and evolve dynamically with prevailing economic conditions. We show that, with international trade
in assets, these ...
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Title:Plurilingualism and brain drain : unexpected consequences of access to foreign TV Author(s):ARGAN, Damiano; CHEYSSON, AnatoleDate:2023Type:Working PaperSeries/Number:EUI ECO; 2023/01Abstract:We study how foreign language proficiency affects brain drain by exploiting the exposure of parts of Albania to Italian television in the second half of the twentieth century. At that time, Albania was isolated from the ...
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Title:The macroeconomic stabilization of tariff shocks : what is the optimal monetary response? Author(s):BERGIN, Paul; CORSETTI, GiancarloDate:2023Type:Working PaperSeries/Number:EUI RSC; 2023/17; Pierre Werner Chair ProgrammeAbstract:In the wake of Brexit and Trump trade war, central banks face the need to reconsider the role of monetary policy in managing the inflationary-recessionary effects of hikes in tariffs. Using a New Keynesian model enriched ...
