Search Results

SORT BY: PREVIOUS / NEXT
Author:Dunn, Jason 

Working Paper
Navigating the Waves of Global Shipping: Drivers and Aggregate Implications

This paper studies the drivers of global shipping dynamics and their aggregate implications. We document novel evidence on the dynamics of global shipping supply, demand, and prices. Motivated by this evidence, we set up a multi-country dynamic model of international trade with a global shipping market where shipping companies and importers endogenously determine shipping supply and prices. We find the model can successfully account for the dynamics of global shipping observed in the aftermath of COVID-19 and that accounting for these has important implications for the dynamics of aggregate ...
Working Papers , Paper 2023-002

Journal Article
Systemic Financial Risks, Macroprudential Tools and Monetary Policy

An analysis describes macroprudential tools used to reduce systemic financial risks and examines how such tools could be useful adjuncts to monetary policy.
The Regional Economist

Journal Article
International Trade Dependence and Inventory Dynamics

US manufacturers that source their intermediate inputs from abroad have been more likely to increase their inventories in the aftermath of unexpected events and heightened uncertainty.
Economic Synopses , Issue 17 , Pages 3 pages

Journal Article
The Increased Tradability of Natural Gas

Technological developments have increased the tradability of natural gas. Researchers Leibovici and Dunn identify potential bottlenecks that may limit growth in this market.
Economic Synopses , Issue 32 , Pages 1-3

Working Paper
Navigating the Waves of Global Shipping: Drivers and Aggregate Implications

This paper studies the drivers of global shipping dynamics and their aggregate implications. We document novel evidence on the dynamics of global shipping supply, demand, and costs. Motivated by this evidence, we set up a dynamic model of international trade with a global shipping market where shipping firms and importers endogenously determine shipping supply and costs. We find the model successfully accounts for the dynamics of global shipping observed in the aftermath of COVID-19 as well as at business cycle frequencies. We find that accounting for global shipping is critical for the ...
Working Papers , Paper 2023-002

Journal Article
A Shutoff of Russian Natural Gas

A shutoff of Russian natural gas to Europe will produce heterogenous effects that reflect local winter weather, national dependence on such flows, and policy responses.
Economic Synopses , Issue 29 , Pages 1-2

Trade Linkages in the Shadow of the Russia-Ukraine War

Skeptics have raised questions about the future of globalization. Could divisions over the war provide insights into the strength of global trade ties?
On the Economy

Journal Article
International Shipping Costs: Determinants and Outlook

The COVID-19 period saw a huge rise in international shipping costs, but price pressure is likely to ease further as containerships on order are built and delivered.
The Regional Economist

Working Paper
Navigating the Waves of Global Shipping: Drivers and Aggregate Implications

This paper studies the drivers of global shipping dynamics and their aggregate implications. We document novel evidence on the dynamics of global shipping supply, demand, and costs. Motivated by this evidence, we set up a dynamic model of international trade with a global shipping market where shipping firms and importers endogenously determine shipping supply and costs. We find the model successfully accounts for the dynamics of global shipping observed in the aftermath of COVID-19 as well as at business cycle frequencies. We find that accounting for global shipping is critical for the ...
Working Papers , Paper 2023-002

Journal Article
The Impact of Inflation’s Wealth Transfer Effect

Recent inflation in a set of advanced economies significantly reduced the purchasing power of assets like checking accounts and transferred wealth from lenders to borrowers.
The Regional Economist

FILTER BY year

FILTER BY Bank

FILTER BY Series

FILTER BY Content Type

FILTER BY Author

FILTER BY Jel Classification

F1 4 items

F41 4 items

L91 4 items

FILTER BY Keywords

PREVIOUS / NEXT