Arno Hantzsche

While you are waiting for today's #MPC decision, you may wish to read our @IMFNews paper on how @bankofengland comms can support more effective monetary policy. 🎩 @ArnoHan @CMacchiarelli Satyam Goel & Sathya Mellina. @NIESRorg @CFMUK @MMF_research imf.org/en/Publication…

Usual disclaimers apply: views are those of the authors and not necessarily those of affiliated institutions, past or present.

We show that central bank communication strengthened and prolonged the impact monetary policy measures had on financial markets. This helped prevent a rise in Brexit-related risk premia.

Work w/ @jagjit_chadha @CMacchiarelli Satyam Goel & Sathya Mellina on Brexit, @bankofengland communication and bond market responses now online as @IMFNews WP imf.org/en/Publication…

Over the years the paper benefited from much support. Thanks to @amit_kara for initial motivation, colleagues @NIESRorg for support, @PayReviewBodies for funding & editor + referees @EconomicaLSE for helpful suggestions. Views are our own and can't be attributed to our employers.

In the short run, wage setting in the public sector can spill over to pay in private sector industries. We find spillovers to be particularly significant to sectors that are domestically facing, have low bargaining power or use inputs from the public sector.

Glad to have finally found a home for this work with @ProfPeterDolton. Quick summary 🧵 follows. onlinelibrary.wiley.com/doi/full/10.11…

@jagjit_chadha Sorry to hear this, Jagjit.

My father, Manmohan, has left the stage. He led a wonderfully inspiring life. There is so much to be thankful for but I still wanted more. Our family will forever be in his debt. theguardian.com/business/2024/…

The complex, unintended consequences of pension auto enrollment - so cool to see @jesalsheth et al.'s research now out as NBER WP.

Our new forecasts are out now 👇

How have the public finances of the UK been shaped by the events of the past three centuries? Here’s Conor and Luke to talk you through how tax and public spending have evolved over the past 300 years… youtu.be/MWfRJAzY7SA?fe…

Are you a lecturer in economics? Or do you work with economics students? Please let them know about our student sandwich placement scheme! Applications close 07.11.23 bit.ly/GES_sandwich

Exciting new @OBR_UK product launched yesterday: OBR articles - providing bite-sized economic and fiscal insights alongside our larger publications. articles.obr.uk The first is a fascinating journey through 300 years of change in the public finances.

Five decades since the craze for Brutalism, most of the discussion about these buildings is about tearing them down. But the radical social vision that drove their rise has largely been forgotten. jacobin.com/2018/10/brutal…

At @OBR_UK we're reviewing the way we account for the supply side impacts of government policy on our forecasts. Any views - please do get in touch!

This summer, we’re reviewing our approach to assessing the supply-side impacts of government policy. This includes how government policy can affect: 👥 employment 🔬 investment 💡 productivity Send your responses to feedback@obr.uk by 14 July 2023. obr.uk/summer-2023-re…

Are you looking for a role with high-profile responsibilities, helping to shape economic forecasts and analysis? Apply now to be a Senior Economist at the OBR Two posts available Closes 2 April obr.uk/vacancies #econtwitter #econjobs