Ricardo Reyes-Heroles
@RichRHC
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Research Economist @DallasFed (my views, not Fed views). Previously @federalreserve, @PrincetonEcon, @ITAM_mx.
Dallas, TX
Joined August 2009
RT @tradewartracker: I got to organize the @nber International Trade and Macroeconomics meeting with the amazing Yan Bai:. .
youtube.com
The National Bureau of Economic Research (NBER) is a private, nonprofit, nonpartisan organization that facilitates cutting-edge investigation and analysis of major economic issues. It disseminates...
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I'm thrilled! Thanks for including my work with @pcubab, @Albert_Queralto, and Mikael Scaramucci in such an amazing program. Looking forward to tomorrow's session!.
Another timely one. How do changes in trade frictions (like tariffs) affect inflation? . by @RichRHC and a team from @federalreserve . Key finding is that when the tariff hits intermediate goods (which is 40 percent of U.S. imports), inflation is more persistent.
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RT @tradewartracker: Another timely one. How do changes in trade frictions (like tariffs) affect inflation? . by @RichRHC and a team from….
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RT @TradeDiversion: Headed to NBER SI. In addition to seeing the latest research, I'm looking forward to the panels on "The Future Impacts….
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RT @FedResearch: Using a multi-country New Keynesian model with trade in final goods and intermediate inputs, the authors estimate that a 1….
federalreserve.gov
The Federal Reserve Board of Governors in Washington DC.
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RT @FedResearch: The inflationary effects persist when trade barriers increase the cost of intermediate inputs. Persistent inflation compli….
federalreserve.gov
The Federal Reserve Board of Governors in Washington DC.
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RT @FedResearch: Using global input-output data & a gravity framework, the authors provide empirical evidence that higher import costs, suc….
federalreserve.gov
The Federal Reserve Board of Governors in Washington DC.
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RT @galipkemal: Updated draft of our paper on developing a framework to study sanctions--with @FabioGhironi and @DaisoonKim.
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RT @TimTkehoe: Paco Buera presenting his work on Macro-Development, the first plenary session at the Annual Meeting of the Society for Econ….
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RT @tradewartracker: 🚨 50% steel and aluminum tariff 🚨. u.s. average tariff would increase about 1pp. not a huge deal relative to other….
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This is a must-read paper for everyone interested in trade policy. While many were talking about the valuation effects of tariffs, @itskhoki and @MukhinDA put it on paper, and it all makes sense.
What is the optimal macroeconomic tariff when trade is imbalanced? Can a tariff be used to permanently close an aggregate trade imbalance? We (w/@MukhinDA) answer these questions in a new paper: (1/n).
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RT @johnkonrad: Here’s my thread on what we know so far. For notes I have been a competitive sailor and I am licensed to captain ships of a….
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RT @TheEconomist: Mexico is about to become the only country to elect every one of its judges by popular vote. This is a terrible idea for….
economist.com
Elected judges will be bad for governance and good for gangs
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RT @emgeconomics: New @DallasFed Global Institute report: A 25% tariff without retaliation can raise U.S. consumption if revenues are rebat….
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RT @federalreserve: Speech by Governor Waller on central bank research at @BankAlMaghrib: Watch live: https://t.co….
federalreserve.gov
The Federal Reserve Board of Governors in Washington DC.
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RT @albertocavallo: 🧵How are the 2025 US tariffs affecting consumer prices? Our new paper with @paollamas_ and @VazquezFrancom uses daily r….
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We show that even accounting for China's contribution to the increase in the U.S. trade deficit, the decline in trade barriers between the U.S. and China played a very minor role in the decline of U.S. manufacturing employment. (Table IV in the paper).
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