OeNB Freitagseminar with Lorenzo Caliendo

Save the date

Tariffs and Trade Imbalances

OeNB Freitagsseminar with Lorenzo Caliendo, Yale School of Management

We analyze the determinants of endogenous trade imbalances across countries and how are they affected by uncertain trade policy. In our framework countries can trade securities to insure against different states of the world, enabling them to run deficits in some states and surpluses in others. Crucially, the framework enables us to conduct counterfactual experiments involving different configurations of bilateral tariffs while accounting for their effects on trade deficits. We apply it to quantify the implications, for prices, production, and consumption, of the Liberation-Day tariffs and subsequent tariff announcements by the United States and other countries.

Date
Wednesday, 25 June 2025 | Start: 11:00 AM | End: 12:30 PM                    

Venue
The event is planned both, online via Webex and onsite at the Oesterreichische Nationalbank, Otto-Wagner-Platz 3, 1090 Vienna, Veranstaltungssaal.

Please register by 23 June 2025, at the latest.

  • Contact

    • Event Management
      Phone: +43 (1) 404 20-6920