Zoe Xie
@zoe_xie1
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Sr Economist @WorldBank, formerly Economist @AtlantaFed. @UMNews and @WilliamsCollege alumna. Interests: MacroLabor/MacroPublic/Reading/Art/...
Virginia, USA
Joined April 2020
Five Trends Shaping South Asia's Economy https://t.co/9SNSW5mQbJ Also check out our latest report on lack of employment generation in South Asia:
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Informal foreign exchange markets like Hundi and Hawala thrive in #SouthAsia and can make policies to preserve official forex reserves ineffective and even backfire. How can a better understanding of informal channels help inform policies? Read more:
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How does fiscal federalism affect public debt? In a dynamic model, increased local financing drives the central gov to over-transfer to local govs, leading to inefficiently high public debt. Calibration suggests ~30% of public debt changes in Spain ('88-'06) from this channel.
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Recently published paper in the @JPubEcon : "A Dynamic Model of Fiscal Decentralization and Public Debt Accumulation" Vol 212 (August 2022) by Si Guo, Yun Pei (@UBuffaloEcon )& Zoe Xie (@zoe_xie1 ) https://t.co/HGzeyfUOsR
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A slumping real estate market reduces revenue for China’s regional govts while local covid testing/lockdown further raises their spending responsibilities
bloomberg.com
A slumping real estate market and slowing economy are crimping revenue, while expenditures rise.
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Climate change affects salmon size and global trade flows, as Japan typically favors smaller fish, and European markets prefer bigger products... am I imagining things or is there an IV here @SimonFuchs4 @BaslandzeSalome
https://t.co/9dCutg0RvP via @business
bloomberg.com
Climate change and other threats to one of the world’s last bastions of wild salmon are already roiling the food supply chain and could alter U.S. export sales of the widely sought-after fish.
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I wrote about this weird period where parents are vaccinated but kids are still waiting...and waiting... possibly until 2022. The pandemic will start looking very different https://t.co/PhUcHrqx21
theatlantic.com
Even as cases drop among vaccinated Americans, the coronavirus still can spread among unvaccinated people—who will be disproportionately children.
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post-Black Death recovery in Europe: labor shortage, wage rise, sectoral shift to efficiency gain, institutional change, disruptive innovation... https://t.co/MkZAWwXVk7 via @markets
bloomberg.com
Subscribe to Odd Lots (Spotify) Subscribe to Odd Lots (Apple Podcasts)
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Thanks for having us and for the great suggestions and conversation @JorgeMirandaPi5 @econtanaka. The best diversion on election night :)
Take an election break and check out @zoe_xie1's paper (just presented at UQ macro seminars) "Unemployment Insurance during a Pandemic." UI top-ups and extensions in a pandemic can save thousands of lives (29k). Very nice talk. Thanks, Zoe
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Is your first sabbatical coming up or do you have a semester without teaching? For junior and mid-career economists, the @AtlantaFed is offering visiting fellowships in 2021. Come visit us for 1-3 months. Deadline Nov 30th. For more info: https://t.co/rs9ALrJkaw Please help RT 🙏
atlantafed.org
As part of the nation's central bank, the Atlanta Fed plays an important role in monetary policy, bank supervision and regulation, and the operation of a nationwide payments system.
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A very nice summary of various aspects of inflation applied to pandemic https://t.co/xOLbe0hC2h via @markets
bloomberg.com
There’s hardly any question that carries greater weight in economics right now, or divides the financial world more sharply, than whether inflation is on the way back.One camp is convinced that the...
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Our new working paper (with Lei Fang and Jun Nie) was picked up by Bloomberg News. My first media coverage. https://t.co/IiBjGxC88s via @markets
bloomberg.com
As Congress debates extending generous unemployment benefits, a new report says that keeping certain workers away from their jobs would save thousands of lives.
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We find CARES Act UI raise unemployment by 3.7pp and reduce death by 4.7%. #CARESAct2 #UI #COVID19
https://t.co/eEzjRqclZe
dropbox.com
Shared with Dropbox
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New working paper with my colleague Lei Fang and Jun Nie (KC Fed) evaluates the effects of CARES Act unemployment insurance policies, COVID infection risk and lockdown policy on unemployment and infection.
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This Policy Hub article finds that cash transfers mitigate the surge in consumption inequality triggered by the pandemic and provide liquidity-constrained workers with the financial resources to shelter at home. https://t.co/xUYj6IEFsN
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I want my chicken wings (and am willing to pay a premium on meat for PPEs at the plants). Wonder how much of the absenteeism has to do with expanded unemp insurance to workers who quit due to Covid
bloomberg.com
America’s meat-processing plants are starting to reopen, but not all workers are showing up. Some still fear they’ll get sick after coronavirus outbreaks shut more than a dozen facilities last month....
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I suppose this is bad...?
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Our daycare (currently closed but still paying teachers) is joining petition to congress to give CARES grant eligibility to all licensed daycares:
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New article on identification issue related to mitigation policy vs herd immunity by my colleagues Tao Zha and @KopeckyEcon #Covid19
Has social distancing worked? Atlanta Fed economists Tao Zha and @KopeckyEcon explain why #COVID19 testing is urgently needed to answer that question. #ATLFedResearch
https://t.co/G4HZSHiUC7
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