Faculty Director

Description

In 1990, the cross-border flow of goods and cross-border holdings of stocks and bonds both equaled roughly one-quarter of global GDP. Since then, international trade in goods has doubled relative to GDP and international trade in assets has grown even more rapidly. In today’s interconnected world, nearly all major companies import some of their intermediate inputs from foreign suppliers and obtain some of their capital funding from foreign investors. Furthermore, changes in each country’s interest rates, policies such as tariffs, and technology now transmit more rapidly from country to country with greater potential to shape global growth.

The International Economics Initiative brings together prominent UChicago faculty whose research informs these crucial topics and facilitates application of leading academic frameworks to real-world policy analysis by organizing and disseminating common data platforms for analysis.

Associated Working Papers

BFI Working Paper Oct 16, 2019

Tariff Passthrough at the Border and at the Store: Evidence from US Trade Policy

Alberto Cavallo, Gita Gopinath, Brent Neiman, Jenny Tang
BFI Working Paper Sep 30, 2019

Redrawing the Map of Global Capital Flows: The Role of Cross-Border Financing and Tax Havens

Antonio Coppola, Matteo Maggiori, Brent Neiman, Jesse Schreger
Topics:  Financial Markets
BFI Working Paper Aug 26, 2019

Sovereign Debt Portfolios, Bond Risks, and the Credibility of Monetary Policy

Wenxin Du, Carolin Pflueger, Jesse Schreger
Topics:  Monetary Policy

Associated News

Media Mention Oct 16, 2019

Trump’s China Deal Leaves the Global Economy as Uncertain as Ever

New York Times; Brent Neiman
Media Mention Aug 22, 2019

Who Wins From Foreign Investment?

The Economist; Felix Tintelnot, Bradley Setzler
Topics:  Employment & Wages
Media Mention Jun 26, 2019

Why the US-China Tariff Standoff Hurts American Companies More

Harvard Business School Working Knowledge; Brent Neiman