Jeromin Zettelmeyer

@schieritz Leider verfehle ich ebenfalls das Ziel (knapp …)

Wer als Ökonom in Deutschland was werden will, dessen Nachname muss mit ...mayr oder ...meier enden

@SoumayaKeynes You are the amazingest!!!

...I did it! In 2025 I: 1. Had a baby 2. Wrote a book 3. Did absolutely nothing else Filed the book last night, please celebrate with me by preordering it... (it's fun! you'll enjoy it!)

If not now, then when?

@ojblanchard1 You are, of course, absolutely right. But to be fair, this is a point that has been made by Aghion himself early on. See, for example his Chapter 3 of the 2008 EBRD Transition Report ebrd.com/content/dam/eb…

With all my admiration for Philippe Aghion’s work on the importance of innovation (what he has done with Peter Howitt in the 1990s and what he does these days with his collaborators at the College de France is essential theoretical and empirical work), a caveat. An economy can grow without being at the frontier. Indeed, most economies in the world are not at the frontier. And most have experienced substantial growth. More important than being at the frontier, is to be able to use these new technologies in the rest of the economy. This puts the focus on other aspects, the organization of the labor market, bankruptcy codes, a new type of education, etc. Less exciting project than new AI centers, but probably more important. An analogy. It is nice to be ahead during a bicycle race. But it is easier to be just behind, protected from the wind by the racer who is ahead. One ends up second, but still with an impressive time. If Europe can be first, then all means let us try. If not, let’s make sure we are a close second.

@jasonfurman Jason, what makes you confident that “the procedures” will hold if heads of agencies must worry about being fired if the President doesn’t like the numbers their agencies produce?

This is awful. Reliable economic data is a key strength of the US economy. When Argentina and Greece faked economic data it contributed to major crises. I don't think Trump will be able to fake the data given the procedures. But there is now a risk plus an awful appearance.

Die dem Handelsblatt-Artikel zugrundeliegende Analyse von Armin Steinbach und mit ist hier zu finden: bruegel.org/analysis/germa…

Schlechte Nachrichtrn für @larsklingbeil: ohne eine erneute Reform der EU Schuldenregeln wird Deutschland von seinem Schuldenprogramme nicht viel ausgeben können. handelsblatt.com/100123475.html… #

@jasonfurman @ojblanchard1 Yes, or the attempt may backfire competely, sinking whatever safe asset status is left in US treasuries

@ojblanchard1 The other half of the Mar a Lago accord was other countries giving us free money. So maybe they still need one after all—otherwise we’ll be left with the higher interest rates.

The idea behind the so-called Mar a Lago Accord was to make the dollar less attractive. No need for an accord anymore. The markets are doing it all on their own. (Yes, with a more likely recession, higher interest rates, and a higher likelihood of a fiscal crisis, but, hey, nothing is perfect…).

@simonjhix Simon, you may not read this anymore if you deleted the X app - but isn’t the right approach to stay on X to understand “this place” while posting on the “other place” (Bluesky) when looking for a nuanced debate?

Ok. I’m done with this platform. See you over in the other place. Deleting the X app on my phone as a commitment device. It was fun while it lasted. Should have made this move ages ago. Urge everyone to do the same.

Paying for decarbonisation of the Global South is therefore in the self interest of even a small coalition of advanced countries and the EU. This COP must deliver an agreement on a meaningful new goal for North-South climate finance..@AKleinnijenhuis

The intuition, based on our June 2024 Bruegel Policy brief (bruegel.org/policy-brief/e…) is clear: economic losses from carbon emissions are especially high in countries that are richer, and hence have more to lose.

In an important new paper, picked up by the FT (ft.com/content/6019eb…), Patrick Bolton and Bruegel fellow Alissa Kleinnijenhuis make the economic case for a New Common Quantified Goal of Climate Finance based on the economic self-interest of advanced countries

Stunning data by @Bruegel_org and the @rhodium_group: The EU has twice the solar capacity of the US, but the same solar electricity production (because it locates PV where there is little sun.... @Tagliapietra_S bruegel.org/analysis/trans…

Das deutsche politische System muss seine Komfortzone verlassen - eine europäische Rüstungsstrategie wäre günstiger - mein Beitrag im @handelsblatt handelsblatt.com/100070255.html…

It finally happened. My friend and former colleague Yan Liu, one of the world's finest legal minds, was appointed General Council of the IMF. Congratulations, Yan. Even greater congratulations to the IMF and its staff. imf.org/en/News/Articl…

On Monday at 12:30 CET, I will have pleasure and honour of discussing the Draghi report with the man himself. Please join us for the livestream! bruegel.org/event/future-e…

@robin_j_brooks @EUI_EU @AndreasitoNYC Three smiling fiscal conservatives - great to see you both

On the beautiful grounds of ⁦@EUI_EU⁩ in Florence with ⁦@jzettelmeyer⁩ and ⁦@AndreasitoNYC⁩.

@AdamPosen @GuntramWolff Thanks Adam - what a nice thing to say.

@GuntramWolff Congratulations @GuntramWolff @jzettelmeyer on your profound wide influence in Europe and beyond.

Delighted to be recognised as a top 10 influencer on Europe by Table Media.

In this new ⁦@Bruegel_org⁩ paper, we are (a) attempting to make sense of the debate on competitiveness, (b) assessing the situation of the #EU, and (c) making proposals for a new approach. ⁦@jzettelmeyer⁩ ⁦@GeorgZachmann⁩. bruegel.org/external-publi…

A well-argued case for common European defense procurement by Guntram Wolff, who is rejoining Bruegel as senior fellow on March 1. Welcome back, Guntram!