RIDGE invites authors to submit papers to the Workshop. The idea is to create a forum of junior and senior scholars discussing cutting-edge research in economic growth, trade, and economic history dealing with economic development disparities across and within countries. This workshop aims to...

The Workshop on Growth and Development in Macroeconomics /International Trade will take place within the framework of the 2022 RIDGE December Forum.

Topics include but are not limited to: 1) Dos and don’ts of inflation targeting ; 2) Optimal inflation target and the natural rate of interest in economies with limited transmission ; 3) Constraints of fiscal dominance and optimal balance between fiscal and monetary policy ; 4) Policy with...

We provide evidence for a causal link between the US economy and the global financial cycle. Using a unique intraday dataset, we show that US macroeconomic news releases have large and significant effects on global risky asset prices. Stock price indexes of 27 countries, the VIX, and commodity...

We present evidence that the rise in inflation in Japan since 2014 is a result of a hidden stagflation: the relative prices of durable consumption and ICT investment goods stopped declining, reflecting technology stagnation and exerting an inflationary pressure on the economy and; the real side...

Professors Eric Ghysels, Massimiliano Marcellino and Jonas Straukas will a three-day course entitled “What's New in Mixed Frequency Data (MIDAS), with Applications to Machine Learning and Big Data”. The focus of the course is the use of mixed frequency data in economics and finance. A...

This joint workshop with will focus on how market integration - both internal and global - shapes the structural transformation process in developing countries. In particular, we are interested in the role of agriculture and connections between agriculture and on economic development. Specific...

By Francesco D’Acunto (Georgetown University) And Michael Weber (University of Chicago). Inflation expectations are central to the intertemporal consumption, saving, and investment choices of households and firms and determine the effectiveness of fiscal and monetary policy. Interest in the...

We document a new fact: in U.S., European and Japanese surveys, households do not expect deflation, even in environments where persistent deflation is a strong possibility. This fact stands in contrast to the standard macroeconomic models with rational expectations. We extend a New Keynesian...

This policy panel will conclude our trilogy on the links between climate change and inflation. Our panelists will discuss the recent evidence of climate change and mitigation policies driving price levels and ask: are central banks in the position to act against these growing pressures? And what...