Join our team! We are hiring a Postdoc in International Economics at the University of Oldenburg:
uol.de/job752en
Happy to chat 🙂

@ignaciomarra.bsky.social @feodorateti.bsky.social @cjoyez.bsky.social @foxecon.bsky.social

This was our 4th GEN Workshop.
Big thanks to my Co-organizers @annagumpert.bsky.social & Bo Kukharskyy,
to our great hosts at the amazing Villa Vigoni,
and to all participants!

I am looking for a doctoral researcher to join our team in International Economics at the University of Oldenburg: uol.de/job647en

It's a fully funded position.

Please apply/ repost/ pass it on!

2/2

Personal news: I will be joining the University of Oldenburg as a Professor of International Economics in August!

I'm deeply grateful to all those who have supported me at the University of Tübingen and beyond along the path to tenure and I'm excited for the new chapter.

Also: I am hiring...

1/2

Thank you! Good news on trade are sorely needed

So looking forward to our Global Ecoonomic Networks Workshop next week at Lake Como!

The exciting program is now availbale via:
sites.google.com/site/peterep...

The paper has been quite a journey with many important learnings for us along the way.

We have benefited substantially from valuable comments by editor Andrea Presbitero, several referees, Wihlem Kohler and many conference and seminar audiences.

Thank you!

5/5

But aren't their other potential explanations?

Yes, and we explore them in detail in our firm data.

We find no evidence that foreign-owned firms' superior distribution networks, more favorable evolution of input prices, or differential demand shocks played a relevant role.

4/5

Our rich micro data for Spain points to an important financial advantage of foreign ownership:

For small and financially vulnerable firms, foreign ownership made the biggest difference.

For them, accessing foreign capital markets via their multinational parent was crucial

3/5

The Global Financial Crisis dealt a major blow to world exports: The "Great Trade Collapse"

Yet, looking at Spain, we find that exports by foreign-owned firms dropped much less in the crisis (compared to domestic firms).

But why?

2/5

Out now in the #MF Economic Review:

"Firm Exports, Foreign Ownership, and the Global Financial Crisis" with Marcel Smolka

DOI: doi.org/10.1057/s413...

Full-text access to view-only version: rdcu.be/eveRs

What do we find?

1/5

JAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA! DFB-POKAL-SIEGER! 🥳🥳🥳🥳😍😍😍😍

#VfB | #DFBPokalfinale | #GetragenvonStolz | #DSCVfB 2:4

WIR SIND EINFACH POKAL-SIEGER! POKAL-SIEGER!

#VfB | #DFBPokalfinale | #GetragenvonStolz | #DSCVfB

DFB-POKAL-SIEGER 2025! 🏆🥳

#VfB | #DFBPokalfinale | #GetragenvonStolz | #DSCVfB

@vfb.de @vfb.de

bsky.app/profile/vfb....

🔥 DFB-POKALFINALE 🔥

Ein guter Tag, um ein weiteres erfolgreiches Kapitel in der ruhmreichen Geschichte unseres Klubs zu schreiben! ALLE ZUSAMMEN: Forza, VfB! 🤍❤️

[KI generiert] | #VfB | #DFBPokalfinale | #DSCVfB | #GetragenvonStolz

Wait for it

Wer spielt für uns in rot und weiß?

The US economy will slow sharply in 2025; tariffs & other US policy shifts dampen activity & fuel global uncertainty. Tariffs are raising prices, disrupting supply chains, eroding real incomes, & making it harder for businesses to plan. #PIIECharts

Excellent thread by a leading trade economist on what might be valid reasons for setting tariffs.

Spoiler alert: None of those reasons could justify raising US import tariffs.

Instead such a policy will harm (almost) everyone involved, especially US consumers.

Bilateral TD's reflect comparative advantage and are not necessarily a problem. I have a TD with my barber because I buy haircuts from him and he doesn't buy lectures from me. TD's are NOT a ripoff of our country by other countries! That's dumb. Cheers. (14/14)