The EUβs Recovery and Resilience Facility: Experience and lessons for the next multiannual financial framework
@matthias_busse, @fgcaselli, Alexandra Fotiou @IMFNews
ow.ly/pE5h50Zlpup
Francesca Caselli retweeted
Higher #immigration of non-EU citizens into the #EU, driven largely by refugees from #Ukraine, could have a positive effect of potential output in the range of 0.2-0.7% by 2030.
@fgcaselli, A Gloe Dizioli & F Toscani @IMFinEurope
ow.ly/6sah50TKB49
Francesca Caselli retweeted
π§΅1/5 Immigration into the EU reached a historical high of about 6.5 million following Russiaβs invasion of Ukraine in 2022. New IMF research discusses the macroeconomic implications of this immigration increase for EU and euro area countries: bit.ly/4gNmY9c
Francesca Caselli retweeted
My paper on cross-country evidence on she-cession with amazing co-authors @johnbluedorn @njharbo @fgcaselli @tavares_mm is now accepted at Labour Economics. doi.org/10.1016/j.labeco.202β¦. It was a very time-sensitive paper when first posted as IMFWKP, and I'm happy with the outcome.
Francesca Caselli retweeted
Changing jobs can impact earnings. Data from across Europe finds that younger workers experience an increase in earnings, while low-skilled, older workers see earnings losses.
@johnbluedorn, @fgcaselli, N-J Hansen, @tavares_mm, @ShibataEcon @IMFNews
ow.ly/zrhq50L4hQ5
Francesca Caselli retweeted
Nice evidence on the benefits of repaying sovereign debtβquite relevant in the current juncture. Paper by Matilde Faralli @ImperialBiz @fgcaselli @upanizza & @pmanasse
The Public Debt Management Network is pleased to announce that the 2nd Public Debt Management Conference will be held in Rome, Italy, on May 26-27, 2022. Online registration is closed. For more info bit.ly/3LuX3TI #publicdebt #sovbonds #Mef #OECD #WorldBank
Francesca Caselli retweeted
The Value of Building a Reputation for Repaying Debts: Overstated?
@MatildeFaralli @pmanasse and I talk with Mark and Mitu about our paper (joint with @fgcaselli ) on the benefits of repaying
@CFD_IHEID
1/2
podcasts.apple.com/us/podcasβ¦
Francesca Caselli retweeted
Thanks to @PSEinfo @DGTresor & @agnesbq1 for inviting me.
I will present "On the Benefits of Repaying" joint with @fgcaselli @MatildeFaralli & @pmanasse
The paper is here ideas.repec.org/p/gii/giiheiβ¦
π The International Macroeconomics Chair, @banquedefrance - PSE and the @DGTresor are pleased to invite you to the Joint Workshop on Sovereign Debts on March 3, 2022. The workshop will take place at @PSEinfo
π Registration: bit.ly/3GfOyIB
bit.ly/3Glb2rG
Francesca Caselli retweeted
The IMF projects headline inflation in emerging market and developing economies to decline to about 4% in 2022, but risks of a pickup remain. imf.org/WEO-oct21 #WEO
Check out our new IMF WEO chapter on Inflation Scares @IMFNews
New @IMFNews research on 'Inflation Scares' is out. It digs into supply & demand forces driving inflation, emphasizes the varying country experiences (which is being lost in discussions these days), projects that inflation is expected to moderate next year but with upside risks.
Francesca Caselli retweeted
During the #Latin#American #debt crisis, by not explicitly defaulting, #Colombia enjoyed significant #economic & reputational benefits, but these were short-lived
@fgcaselli @IMFNews, @MatildeFaralli @imperialcollege, @pmanasse @Unibo, @upanizza @IHEID
ow.ly/EtRt50Ggp9P
Francesca Caselli retweeted
On the Benefits of Repaying
New paper with @fgcaselli @MatildeFaralli & @pmanasse
We read old stuff aboutπ¨π΄ in the 1980s and did some fancy econometrics.
It was fun!
Will try to do a π§΅during the weekend, but the paper is here:
imf.org/en/Publications/WP/Iβ¦
Very happy to see our work published in the JIE! @Grigoli82 @BertrandGruss and Rudolfs Bems
New: "Expectations' anchoring and inflation persistence" by Rudolfs Bems, @fgcaselli, Francesco @Grigoli82, @BertrandGruss (@IMFNews). Cross-country comparisons of how inflation responds to terms-of-trade shocks. This article shows anchoring matters. doi.org/10.1016/j.jinteco.20β¦ 1/4
Francesca Caselli retweeted
New CEPR Discussion Paper - DP16391
Expectations' Anchoring and Inflation Persistence
Rudolfs Bems @IMFNews, Francesca Caselli @fgcaselli @IMFNews, Francesco Grigoli @Grigoli82 @IMFNews, Bertrand Gruss @IMFNews
ow.ly/vC9r50FFvuF
#CEPR_IMF
Thank you @timsvengali !
.@fgcaselli @IMFNews & @timsvengali talk #pandemics & #shecessions: in two-thirds of the countries studied womenβs employment rates declined more than menβs, but these differences were short-lived & strongly correlated to specific sectors of the economy
ow.ly/eZrX50EKBRn
Francesca Caselli retweeted
New @voxeu column out about the heterogeneity of #Shecession around the world.
βIn 2/3 of countries womenβs unemployment rate declines more than menβs, but the difference was short-lived.β
@ShibataEcon @johnbluedorn @fgcaselli @njharbo
voxeu.org/article/cross-counβ¦
Our new work on cross-country evidence on #COVID19 βshe-cessionsβ is out in CEPR Covid Economics. @johnbluedorn @tavares_mm @njharbo @ShibataEcon
Data from 38 countries shows that over half to two-thirds exhibited #COVID19 'she-cessions', with womenβs unemployment rising disproportionately more than that of men: ow.ly/9FI150EzNr1
@johnbluedorn, @fgcaselli, Niels-Jakob Hansen, @ShibataEcon, & @tavares_mm (@IMFNews)
Francesca Caselli retweeted
Join us tomorrow for a discussion about the impact of #COVID19 on the labor market and how policies can support workers.
@johnbluedorn @ShibataEcon @fgcaselli @JMondragonECON
How does the impact of the COVID-19 recession on workers compare with past downturns?
What policies are needed to support workers? Join us tomorrow, March 31 at 10:00 AM ET for the launch of our new #WEO research. imf.org/WEO-apr21
Francesca Caselli retweeted
#Covid lockdowns entail decreasing marginal economic costs but increasing marginal benefits in reducing infections, suggesting tight short-lived lockdowns are more effective than mild prolonged measures: ow.ly/jVUD50DpU77
@fgcaselli @Grigoli82 @DamianoSandri @IMFNews
Our work on the unequal effects of the Covid-19 shock is out on Covid Economics @cepr_org @Grigoli82 @DamianoSandri @spilimb1
Using data from #Italy, #Portugal, and #Spain, a study by @fgcaselli, @Grigoli82, @DamianoSandri & @spilimb1 (@IMFNews) finds that while mobility declined during #COVID19, lockdowns had a larger impact on the mobility of #Women & younger cohorts. Issue 64: ow.ly/As1I50D8rZW































