Ricardo Reis @R2Rsquared
AW Phillips Professor of Economics @LSEecon. Colunista @expresso. Director @CFMUK personal.lse.ac.uk/reisr/index.ht… London, England Joined November 2012-
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🚨New paper+data with @LukaszRachel🚨 ''Emissions-Adjusted Total Factor Productivity'' 👉Productivity growth>2005 is low in AEs📉 👉But CO2 emissions (trade-adj) are falling too🌳 👉Less climate damage 🟰 higher future consumption How can productivity stats account for that?
Indeed
Exactly
The July 2025 @CFMUK survey, which asked members to evaluate Labour's first year in power are now published. Over 40% of respondents believe the Government's policies will moderately promote growth, although there is disagreement on the net effect. hubs.la/Q03BWBy40
@CFMUK survey on @UKLabour's first year in government. * 45% of the panel thinks the policies will contribute moderately to economic growth. * 30% think it will harm growth, even substantially. * 45% think Labour too focused on fiscal rules 🧵1/n cfmsurvey.org/survey-2025-07
Não identificando quem são os “ricos”” tudo é possível dizer. O q se passa é que só 6% das famílias declara rendimento acima de 50.000. Esses 6% de famílias mais ricas (mtas são classe média, ponto) pagam 53% do IRS. Em 2022, 42% não pagava qualquer soma em IRS
Calling all Macro PhD students based in and around London! Join us for a workshop at LSE on 14 Nov to get to know each other and discuss your research. Send us your paper or extended abstract by 15 Aug! sites.google.com/view/london-ma…
@vonderleyen is taking flak for the trade deal she signed with the US, but could she have done better? Yes. Not in Scotland. Rather, in Brussels, delivering lower trade barriers within the UE. See the example below.
@vonderleyen is taking flak for the trade deal she signed with the US, but could she have done better? Yes. Not in Scotland. Rather, in Brussels, delivering lower trade barriers within the UE. See the example below.
The @IMFNews October Outlook report for Europe had this stunning graph. Every single office in the @EU_Commission should have a print-out of this figure on the wall. Every working day should be spent on it. That is the best response to US trade policy. imf.org/en/Publication…
It is possible in theory for the US to gain as a whole through what is known as a “terms of trade manipulation effect.” But in the applied case of this rise in tariffs, I find the chances that this makes American consumers better off to be quite unlikely.
It is possible in theory for the US to gain as a whole through what is known as a “terms of trade manipulation effect.” But in the applied case of this rise in tariffs, I find the chances that this makes American consumers better off to be quite unlikely.
There is also no investment deal in a 600bn FDI EU->US promise. All the EC can commit is to "Promoting and facilitating mutual investments". This is at the same level as politicians striking a deal with the electorate to deliver a X% GDP growth rate.
There is also no investment deal in a 600bn FDI EU->US promise. All the EC can commit is to "Promoting and facilitating mutual investments". This is at the same level as politicians striking a deal with the electorate to deliver a X% GDP growth rate.
On the EU-US deal: (i) There is no arms deal. There couldn't be one. The EC has no authority on defense. (ii) The energy deal makes no sense. From $92bn per year to $250bn how? And firms and consumers choose how much energy to buy from whom, not the EC. ec.europa.eu/commission/pre…
The biggest loser---by far---from raising tariffs on EU exports to the US from 1.2% (last year) to 15.1% (new deal) is the American consumer. A win for the US? Do you also think that the US would win if it introduced a federal sales tax on some goods?
I assign this in my 2nd year class, with good results so far. Great for students with somewhat limited exposure to monetary models.
I assign this in my 2nd year class, with good results so far. Great for students with somewhat limited exposure to monetary models.
Highly recommended! "How do central banks control inflation? A guide for the perplexed" by Laura Castillo-Martinez and Ricardo Reis. "The goal of this article is to provide a unified treatment of the theory of how central banks control inflation. The hope is that researchers…
Forthcoming in the JEL: "How Do Central Banks Control Inflation? A Guide for the Perplexed" by Laura Castillo-Martinez and Ricardo Reis. aeaweb.org/articles?id=10…
Stan Fischer was one of the most impressive people that I have ever had the fortune to meet and interact with. (And my intellectual grandfather in advisee lineage.)
Stan Fischer was one of the most impressive people that I have ever had the fortune to meet and interact with. (And my intellectual grandfather in advisee lineage.)
If I had to choose between models or Stan Fischer to run monetary policy, I’d choose Fischer. Otherwise, give me models. This running joke among applied macroeconomists gives you a sense of Fischer’s influence and the respect he deservedly earned.
If I had to choose between models or Stan Fischer to run monetary policy, I’d choose Fischer. Otherwise, give me models. This running joke among applied macroeconomists gives you a sense of Fischer’s influence and the respect he deservedly earned.
Stanley Fischer— so many contributions but I want to highlight. His speech on need for an international lender of resort which argued for IMF to play that role. Over time as $-funding has become more important, CB swap lines led by the Fed mimic part of that role @R2Rsquared

Carlos Guimarães Pin... @cgpliberal
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Carlos Guimarães Pin... @cgpliberal
81K Followers 2K Following "Se a tolerância nasce da dúvida, que nos ensinem a duvidar dos modelos e utopias, a recusar as profecias da salvação e os arautos de catástrofes."
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194K Followers 404 Following Robert Solow Professor of economics emeritus, MIT, Senior Fellow, Peterson Institute for International Economics Professor, Paris School of Economics
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Florin Bilbiie 🇪�... @FlorinBilbiie
15K Followers 1K Following Max(Micro in Macro) s.t. Tractable Aggregate Demand w/ Heterogeneity/Inequality Aggregate Supply w/ Entry/Variety Monetary & Fiscal Policy #EconTwitter 1st Gen
John Cochrane @JohnHCochrane
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13K Followers 2K Following Professor na NOVA FCSH. Autor de Queria? Já Não Quer?, Gramática & Pontuação, História do Português desde o Big Bang, Atlas Histórico da Escrita, etc.
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12K Followers 867 Following Economista , apaixonado por números. Não dou con_c_elhos financeiros , com amor e carinho levam distrito...
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2K Followers 39 Following Agregador de #sondagens da @Renascenca 📊 Siga a tendência da intenção de voto dos portugueses 📉 Atualização diária #SondagemdasSondagens ✉️ [email protected]
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806K Followers 127 Following The European Central Bank is the central bank for Europe's single currency, the euro. Its main task is to maintain the euro's purchasing power.
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