The pandemic caused by COVID-19 had a very deep and significant impact on economic relationships, especially on international trade, social and employment policies, technological developments, and the macroeconomic context. Against this background, economic researchers and policy-makers are now...

The recent trade disputes and the technological rivalry between the US and China make the effects of trade policy one of the most relevant economic subject areas. We employ a multi-country, multi-sector general equilibrium modelling framework with imperfect competition and heterogeneous firm...

Highly interconnected global supply chains make countries vulnerable to supply chain disruptions. In this paper, we estimate the macroeconomic effects of global supply chain shocks for the euro area. Our empirical model combines business cycle variables with data from international container...

In light of the recent tit-for-tat trade dispute between China and the US, interest in quantifying the effects of the so-called phase one agreement has risen. To this end, the paper quantifies the impact of the asymmetric managed trade agreement using such a multi-country open-economy dynamic...

Western sanctions exposed Russia’s key vulnerabilities - dependence on Western capital and advanced technology, with knock-on effects in other sectors. In response, Russia launched a policy of import substitution and attempted to diversify to non-Western countries to mitigate the impact of...

Co-authores: Valeriya Dinger (University of Osnabrück and the Leeds University Business School), Ragnar Juelsrud (Norges Bank) and Karolis Liaudinskas (Norges Bank) In this paper, we investigate how trade shocks propagate to the real economy through banking sector. We exploit an exogenous trade...

This workshop targets applied and theoretical research on household finance and economic stability. We are particularly interested in contributions that analyze the implications of household leverage for consumption, employment, house prices both at the microeconomic and macroeconomic level. The...

The conference seeks to bring together academics and policy makers to discuss the aggregate implications of structural reforms, both from a theoretical and an empirical perspective. Topics: - The macroeconomic impact of structural reforms, both in the short and long run - The optimal timing of...

ERWIT is an annual workshop that brings together international economists from across Europe and key researchers from outside the region. The workshop disseminates the findings of recent research on international trade, and presentations often involve exploratory rather than finished papers. It...

This workshop will focus on issues of both measurement and explanation, building on a number of themes where research is currently active, including (but not limited to): - Extending historical national accounts further back in time for the Nordic countries - Providing historical national...