Fabio Ghironi
Public Engagement
Columns, Podcasts and Videos,
Other Musings and
Non-Academic Presentations, In the Media
Each part of this page is organized in
reverse chronological order.
“International
Trade and Macroeconomic Dynamics with Sanctions,” with Daisoon Kim and Galip Kemal
Ozhan, VoxEU, October 4, 2024. (Based on our
paper with the same title.)
“Germany
and Euroskepticism,” gli
immoderati, August 13, 2019. (Based on this Twitter
thread.)
“Aaa giovani economisti vendesi sul mercato
internazionale”
(in Italian), lavoce.info, January 3, 2019. For a more detailed version, see “Il
Mercato per Economisti,” December 28, 2018.
“Che cosa ci dicono i nostri conti
con l’estero”
(in Italian), MetroNews, September 11, 2018.
“Protectionism
and the Business Cycle,” with
Alessandro Barattieri and Matteo Cacciatore, VoxEU, August 10, 2018. (Based on our paper with the same
title.)
“The
Efficiency of Entry, Monopoly, and Market Deregulation,” with Florin O. Bilbiie and Marc J.
Melitz, VOX, September 13, 2016. (Based on our paper on “Monopoly Power and
Endogenous Product Variety: Distortions and Remedies.”)
“TPP Is a
Structural Reform: Let’s Evaluate It with Structural Models,” VoxEU, July 3, 2016.
“Variable
Geometry Bites Back: Schäuble’s Motives,” VoxEU, July 18, 2015.
“Understanding
the Great Trade Collapse of 2009,” with Matthieu Bussière and Giulia
Sestieri, VOX, February 14, 2012. (Based on our paper with Giovanni Callegari
and Norihiko Yamano on “Estimating
Trade Elasticities: Demand Composition and the Trade Collapse of 2008-09.”)
An AI-generated podcast on my paper with Galip Kemal Ozhan on
“Interest Rate Uncertainty as a Policy Tool?” (NotebookLM generated the
podcast; it would be more accurate if it said that we study this policy tool
instead of saying that we propose it, but, subject to this caveat, NotebookLM
did an excellent job).
“Independent Monetary Policy,” a panel to which I contributed, RIDGE
Workshop in International Macroeconomics, Universidad de los Andes, Bogotá,
December 15, 2022 (most of the conversation is in Spanish, but my interventions
are in English).
“The
Macroeconomic Consequences of Structural Reforms,” Faculti
interview, April 14, 2022.
“Italy Is
a Very Sick Patient,” Vox
Talks, July 5, 2019.
“Tassi di
Cambio e Svalutazioni” (in Italian), conversazione con
Michele Boldrin, YouTube, March 30, 2019. The Twitter thread (also in Italian)
to which the conversation refers is here.
“Macro Needs Micro,” Vox
Talks, December 7, 2017.
Other
Musings and Non-Academic Presentations:
About Me and My Job,
My Research,
My
Students’ Research, Italian Economic
Policy and Politics, European Economic
Policy and Politics, U.S. Economic Policy and
Politics, War
in Ukraine, Reflections
on Macroeconomics, The Economics
Profession, In
Memoriam, Miscellaneous
I
refuse to call it X. It stays Twitter for me.
About
Me and My Job:
“I Am as
Disgusted as Anyone,”
Twitter thread, October 15, 2023.
“On This
Webpage,”
Twitter thread, December 28, 2022.
“I Don’t
Plan to Leave Twitter,”
Twitter thread, December 4, 2022.
“Per Iniziare a Conoscermi” (in Italian), Twitter thread
collecting links to some of the threads below and a few other items, December
17, 2019.
“Non E’ Corretto Chiamarmi ‘Consulente’ alla Casa Bianca” (in Italian), Twitter thread, December
16, 2019.
“Come Funziona la Carriera dei Professori di Economia negli
Stati Uniti?” (in
Italian), July 4, 2019.
“Note di Servizio su Me vs. Pseudo-Economisti
e i Loro Fan”
(in Italian), Twitter thread, March 29, 2019.
My Research:
“OLG and HANK,” Twitter thread, July 14, 2025.
“The Genesis of My Most Cited Research,” Twitter thread, June 19, 2022.
“Structural Reforms Are Back at the
Forefront,”
Twitter thread, June 16, 2021.
“On Research, Advising, and BC Hockey,” Twitter thread, May 12, 2021.
“We Began Thinking About the Macro
Effects of Barriers to Entry Long Ago,” Twitter thread, February 8, 2020.
“The Macroeconomic Effects of Structural
Reforms,”
L’Incontro del Mattino,
Club Brera, Milan (slides), February 3, 2017.
My Students’ Research:
“Papers
on Dynamic Macro Models with Imperfect Competition and Producer Entry in
Product Markets, and Search-and-Matching Frictions in Labor Markets, Written by
Former Students of Mine,”
Twitter thread, May 15, 2022.
Italian
Economic Policy and Politics:
“Dust Cloud Politics,” Twitter thread, November 9, 2025.
“Mattarella Sbaglia sulla Poverta’ a
Livello Globale” (in Italian), Twitter thread, December
31, 2024.
“Some Thoughts on the State of Italian
Television,” Twitter thread, May 1, 2022.
“Tutti Comunisti
col Culo al Caldo nel Capitalismo” (in Italian), Twitter thread, February
26, 2022.
“Ma Arrow Era Socialista?” (in Italian), Twitter thread, July 5,
2021.
“Produttivita’, Salari e Markup” (in Italian), Twitter thread, June 23,
2021.
“Guerre di Ego ed Ideologia, Non Medioevo della Macroeconomia:
Conversazione con Andrea Roventini” (in Italian), Twitter thread, June 5,
2021.
“Il Discorso di
Draghi e l’Editoriale di Giavazzi: Macche’ Plagio!” (in Italian), Twitter thread, February
22, 2021. Follow-up: conversation (in Italian) with the journalist who
first pointed out the connection between Draghi’s speech and Giavazzi’s article
(the conversation focuses on the concept of austerity).
“Two Cents on Draghi,” Twitter thread, February 3, 2021.
“Di Vincoli di Bilancio,
Leggi Naturali e Sbriciolamento di Zebedei” (in Italian), Twitter thread, January
31, 2021.
“Su Ryanair e Pagnotte” (in Italian), Twitter thread, October
20, 2020.
“Scuole Chiuse e Didattica Online: Pensieri da
Seattle” (in Italian), Twitter thread, October
17, 2020.
“Italy Does Not Need More of the State It
Has Been Getting for Decades,” Twitter thread, June 26, 2020.
“Saro’ un Liberista
da Divano, ma…” (in Italian), Twitter thread, May 1,
2020.
“Il Tradeoff Che Manca” (in Italian), Twitter thread, April 3,
2020. Follow-up threads (in Italian) in response to Marco Cantamessa and Roberta Paliotti, April 4, 2020.
“Messaggio dall’Oltretomba” (in Italian), Twitter thread, March
14, 2020.
“Lockdown o Modello
Coreano per Non Distruggere l’Economia?” (in Italian), Twitter thread, March
13, 2020.
“Tassi di Cambio Fissi e Politica Monetaria” (in Italian), Twitter thread, February
15, 2020.
“Differenziali tra Tassi di
Interesse e Movimenti del Tasso di Cambio” (in Italian), Twitter thread, December
20, 2019.
“La Presa in Giro No-Euro” (in Italian), Twitter thread, December
5, 2019.
“Salvini, Bagnai
e la Bundesbank” (in Italian), Twitter thread, June 22,
2019.
“Italexit or the Big Salary? On Pseudo-Economists
and Balancing Acts,” Twitter thread, June 4, 2019.
“On Output Gaps and Italian Fiscal Policy,” Twitter thread, May 30, 2019. A follow-up thread in which I explain my position more
clearly and a further exchange with Robin Brooks, May 31, 2019.
“Uscire dall’Euro. E
poi? Alcune Cose Che i Sovranisti Non Discutono” (in Italian), Twitter thread, February
22, 2019.
“Tassi di Cambio, Prezzi
e Aggiustamento Internazionale: Perche’ i Sovranisti Parlano
Solo di Friedman?” (in Italian), Twitter thread, February
9, 2019.
“Esci l’Esperto!” (in Italian), Twitter thread, January
30, 2019. Another Twitter thread in Italian answering a good, related question
is here (scroll to the top to begin reading).
“Saldo commerciale,
saldo delle partite correnti
e la sostenibilita’ del nostro debito
estero” (in Italian), July 15, 2018.
“Saldo commerciale,
saldo delle partite correnti
e il nostro debito estero—E perche’ non e’
una buona idea usare dazi” (in Italian), July 4, 2018.
European Economic
Policy and Politics:
“On
Euroscepticism, Germany, Beggar-Thy-Neighbor Devaluation, and Excuses for Not
Putting Your House in Order,”
Twitter thread, August 6, 2019.
“An
Unsettling Aspect of the Debate on the Euro,”
Twitter thread, January 26, 2019.
“Get
Over That 1920s Thing,”
January 22, 2017.
“The
Elite BS That Helped Pave the Way to Brexit and Trump,”
December 22, 2016.
“On
Straightjackets versus Coordination,”
July 25, 2016.
“On
‘Neoliberalism: Oversold?’” May
30, 2016.
U.S.
Economic Policy and Politics:
“Dust Cloud Politics,” Twitter thread, November 9, 2025.
“My Two Cents on the Election,” Twitter thread, November 7, 2024.
“What Do You Expect Will Happen?” Twitter poll, June 22, 2024.
“How I Look at the Fed’s Response to the
COVID-19 Crisis,” Twitter thread, August 7, 2020.
“The Missing Tradeoff,” Twitter thread, April 3, 2020.
“It Is a Mistake to Focus So Much on the
Risk of Death at This Time,” Twitter thread, March 19, 2020.
“Learn from Italy for F***’s Sake!” Twitter thread, March 19, 2020.
“Lockdown and Beyond,” Twitter thread, March 17, 2020.
“Trade Matters—and Not for Trade’s Sake,” October 15, 2016.
“Will TPP Be Good for the American
Worker?” October 11, 2016.
“TPP Is a Structural Reform: Let’s
Evaluate It with Structural Models,” May 22, 2016.
War in Ukraine:
“Freezing
the Current Situation Would Allow Putin to Declare Victory,”
Twitter thread, February 16. 2025.
“Wanted:
European Coalition of the Willing on the First-Order, Most Urgent Problem,”
Twitter thread, February 15, 2025.
“Frequent
Thought of These Days,”
Tweet, February 14, 2025.
“Wake
Up Before It Becomes a Lot Worse!!!”
Twitter thread, November 24, 2024.
“I Am
Very Worried About the Credibility of NATO’s Commitment,”
Twitter thread, January 3, 2024.
“All Your Talk About Europe’s Values Lost a Lot of Credibility,” Twitter thread, April 30, 2022.
“On Sanctions and War Length,” Twitter thread, April 20, 2022.
“The Only Scenario in Which There Will Be Lasting Peace,” Twitter thread, April 16, 2022.
“L’Unica
Speranza di Pace Duratura” (in
Italian), Twitter thread, April 11, 2022.
Reflections on Macroeconomics:
“I Just Cannot Understand,” Twitter thread, May 1, 2025.
“On Cheap Shots and Falsehoods,” Twitter thread, November 11, 2022.
“Ramblings on Tractability in
Macroeconomics,” August 6, 2018; updated on August 13,
2018.
“A Conversation on the Future of
Macroeconomics with Narayana Kocherlakota and Roger Farmer,” September 20, 2017.
“On the Blanchard Classification of
Macroeconomic Models,” April 20, 2017.
“The Loud Silence of the Pretzel Bloggers,” April 7, 2017.
“Not All DSGEs Are Created Equal,” January 26, 2017.
“On ‘Toy Models’,” July 18, 2016.
“A Conversation on Macroeconomic Models
for Policy Advice,” June 8, 2016.
The Economics
Profession:
“Dear
AEA,”
Twitter thread, December 7, 2025.
“Don’t
Send Reminders on Holidays,”
Twitter thread, November 28, 2025.
“The
Same Questions, (Almost) the Same Models, (Almost) the Same Results Should Not
Land in the Top Journals,”
Twitter thread, November 22, 2025.
“You
Simply Cannot Claim That You Care About Students,”
Tweet, February 14, 2025.
“Be
Yourself and Have Fun,”
Twitter thread, June 27, 2024.
“It
Is Absurd to Face Graduate Students with Quarter-by-Quarter Uncertainty on
Their Funding,”
Tweet, February 16, 2024.
“Facing
Graduate Students with Quarterly Uncertainty on Their Funding Is Irresponsible,”
Tweet, February 18, 2023.
“The
Primary Goal of Having a PhD Program,”
Tweet, May 25, 2022.
“No
Department Should Have a PhD Program,”
Tweet, February 18, 2022.
“More
Institutional Diversity Needed in Editorial Boards,”
Twitter thread, February 1, 2022.
“On
David Romer’s ‘Just Write’ Dissertation Advice,”
Twitter thread, November 25, 2021.
“Very
Happy for David Card’s Nobel Prize,”
Twitter thread, October 11, 2021.
“Second-Order
Comments as Killers of Ideas,”
Twitter thread, May 27, 2021.
“No
One Should Use Anyone Else’s Gender to Demean Them,”
Twitter thread, March 29, 2021. A follow-up
thread.
“The
(Perhaps Unintended) Consequences of ‘Don’t Read, Just Write’,”
Twitter thread, January 28, 2021.
“The
Economics Curriculum: My Experience from Student to Advisor,”
Twitter thread, October 16, 2020 (continuing my conversation with Claire
Jones).
“Pundits
and the Reality of Economics Training,”
Twitter thread, October 15, 2020 (thoughts in response to Claire
Jones).
“Seminar
Organization Advice to New Assistant Professors,”
Twitter thread, August 27, 2020.
“On
Economics, Epidemiology, and Stinking Messes We Don’t Need,”
Twitter thread, April 18, 2020.
“How
Much Letter Writing?”
Twitter thread, December 11, 2019. See also the conversation with Ugo Panizza here
and with JS here.
“Graduate
School Was a Fantastic Time in My Life,”
Twitter thread, November 28, 2019.
“Economists
and Communication with the General Public,”
Twitter thread, October 19, 2019.
“Econ
Seminars as Fencing Bouts,”
Twitter thread, December 29, 2017.
In Memoriam:
“John Leahy,” Twitter thread, December 23, 2025.
“Johnny and Matty Gaudreau,” Twitter thread, September 5, 2024.
“Joe Barone” (in Italian), Twitter thread, March
19, 2024.
“Jacques Melitz: Always Kind, Always
Encouraging,” Twitter thread, June 8, 2023.
“Sanjay Chugh: Outstanding Economist,
Wonderful Person, Friend,” December 19, 2022.
“Bruno” (in Italian), Twitter thread, November
10, 2022.
“Don Silvio” (in Italian), Twitter thread,
September 24, 2022.
“Alberto Alesina,” Twitter thread, May 24, 2020.
Miscellaneous:
“How
Much Did I Take Away from Them?”
Twitter thread, November 26, 2024.
“What
I Learned in Normandy,”
Twitter thread, June 6, 2024.
“Consigli
per Amici Che Fanno una Gita di Qualche
Giorno a Pontremoli”
(in Italian), Twitter thread, December 19, 2021.
“‘The
Outpost’ and Two Very Special Seminar Speakers,”
Twitter thread, May 11, 2021.
“Riflessioni
su Halloween in Italia”
(in Italian), Twitter thread, November 1, 2019.
In the
Media:
“Imposing
Sanctions Was and Remains the Right Thing to Do,”
Gregorz Jeż (Narodowy Bank Polski)
interviewed me for ObserwatorFinansowy.pl, July 27, 2023.
“Science
Proves That Sanctions Work”:
Tatyana Edovina summarizes my paper on “International
Trade and Macroeconomic Dynamics with Sanctions,” with Daisoon Kim and Galip
Kemal Ozhan, Kommersant, November 25, 2022 (in Russian here).
Peiyu Jiang includes a snippet of our
conversation on inflation and the U.S. economy in “Inflation
Headaches Continue to Rock the City,”
Pavement Pieces, December 8, 2021.
Chris Talbott quotes me in “Has
the COVID-19 Pandemic Forever Altered Human Behavior?”
The Seattle Times, February 27, 2021.
With Kai Ryssdal
and others for a conversation
on inflation
in Marketplace, NPR, February 23, 2021.
Reuters quotes my
opinion of the first 2020 presidential debate
in “Unimpressed:
European Reaction to Trump-Biden Debate,”
Reuters Top News, September 30, 2020. Reproduced in Kitco
News.
Mark Trumbull quotes me in “From
Milan to Miami, Locked-In Nations Try to Soften an Economic Blow,”
Christian Science Monitor, March 19, 2020.
Tiziana Barghini quotes me in “Globalization
4.0,”
Global Finance Magazine, January 1,
2020.
Intervista
su commercio internazionale, dazi, WTO e
Brexit
con Giancarlo Loquenzi per “Zapping” (in Italian), RAI Radio 1, December 19,
2019. My interview begins at minute 37’15”. A thread (in Italian) with
suggested readings to learn a bit more about the topics we discussed is here.
Grace Harmon, Elizabeth Turnbull, and
Devon McBride quote me in “UW
Is Still Recovering from the Great Recession More Than a Decade Later. Is It
Ready for Another?”
The Daily of the University of Washington,
December 5, 2019.
Hat tip from Claire Jones in “How
and Why Economics Forgot Keynes’ Warnings on Panics,”
Financial Times Alphaville, November
5, 2019.
Interview
on trade war, the U.S., and China
in the “Drive Time” show, Voice of Islam radio, London, UK, July 19. 2019. My
interview begins at minute 46’30”. Producer Sana Nadeem had sent me a set of
questions in advance. Only some of them were asked, but you can find here
my answers to all the questions she had sent.
Interview
with Hermann Sileitsch-Parzer on Italy, the plan of the Lega’s economic
advisors, and the euro,
KURIER, July 15, 2019 (in German; the
original English text is here).
Konstantinos Efstathiou mentions my May
30, 2019 Twitter thread “On
Output Gaps and Italian Fiscal Policy”
in his review
of the debate on output gap estimation,
Bruegel Blog, June 17, 2019.
James Politi quotes me in “Donald
Trump’s Fed Nominee Faces Broad Backlash,”
Financial Times, March 25, 2019.
Wall
Street Journal column
by Greg Ip mentioning my paper with Alessandro Barattieri and Matteo Cacciatore
on “Protectionism and the Business Cycle,”
July 9, 2018.
Børsen
op-ed
by Lars Christensen mentioning my paper with Alessandro Barattieri and Matteo
Cacciatore on “Protectionism and the Business Cycle,”
April 23, 2018 (in Danish, translation here).
Oxford
Analytica Brief
on my paper with Alessandro Barattieri and Matteo Cacciatore on “Protectionism and the Business Cycle,”
April 23, 2018 (pdf).
Q13 Fox News interview with Brandi Kruse
on President Trump and the TPP: video
clip
and article
with video clip,
April 13, 2018.
Martin Sandbu talks about my “Macro
Needs Micro”
paper in “The
Wobbly Foundations of Macroeconomics,”
Financial Times, January 18, 2018.
Noah Smith lists my “Macro
Needs Micro”
paper among his “Must-Reads
of 2017,”
Bloomberg View, December 4, 2017.
Randy Woods quotes me in “Trump’s
Trade Focus Risks Missing the Mark as NAFTA Talks Begin,”
Bloomberg, August 15, 2017.
My
thoughts
in “Dark
Days Ahead: American Professors on Trump Presidency,”
by Isolde Raftery and Abraham Epton, KUOW, November 11, 2016.
“China’s
Economic Reforms: Global Outlook. Insights from Fabio Ghironi,”
interview by Mercy A. Kuo for The
Diplomat, July 29, 2016.
DTN’s Washington Insider quotes me in “What
TPP Is All About”
(pdf), The Progressive Farmer, June
1, 2016.
Vicki Needham quotes me in “TPP
Advocates Playing the Fear China Card”
(pdf), Popular Resistance, May 31,
2016.
Duncan Weldon comments on the analysis
of structural reforms in the April 2016 issue of the IMF World Economic Outlook
(WEO): “The
IMF, the Neoliberal Agenda and the World We’ve Built,”
blog, May 27, 2016. My work with Matteo Cacciatore, Romain Duval, and Giuseppe
Fiori provided the theoretical background for the analysis in that WEO chapter.
Shawn Donnan quotes my tweet in “IMF
Economists Put ‘Neoliberalism’ under the Spotlight,”
Financial Times, May 26, 2016.
Shawn Donnan quotes me in “Obama
Fights Back against Trump over US Trade Deals,”
Financial Times, May 19, 2016.
Victoria Guida mentions me in “Morning
Trade”
(pdf), POLITICO, May 18, 2016.
Vicki Needham quotes me in “Currency
Manipulation Plan Gets Key Endorsement,”
The Hill, November 10, 2015.
Bariş Balci mentions my VOX column
on “Variable
Geometry Bites Back: Schäuble’s Motives”
in an article
on Greece’s crisis
(pdf, in Turkish), Bloomberg Turkey,
July 21, 2015.