
Sign up to save your podcasts
Or


After Liberation Day, the dollar fell by 6%. We would usually expect tariffs to send exchange rates in the other direction. So what happened?
In another episode recorded at the CEPR Annual Symposium in Paris, Giancarlo Corsetti tells Tim Phillips about new research that shows how exchange rates are responding to US tariffs since 2018. When tariffs are expected and retaliation is swift, he argues, then market reactions reflect a repricing of long-run risk, rather than the text-book response we might expect.
By VoxTalks4.6
1515 ratings
After Liberation Day, the dollar fell by 6%. We would usually expect tariffs to send exchange rates in the other direction. So what happened?
In another episode recorded at the CEPR Annual Symposium in Paris, Giancarlo Corsetti tells Tim Phillips about new research that shows how exchange rates are responding to US tariffs since 2018. When tariffs are expected and retaliation is swift, he argues, then market reactions reflect a repricing of long-run risk, rather than the text-book response we might expect.

4,204 Listeners

2,005 Listeners

4,281 Listeners

2,472 Listeners

382 Listeners

610 Listeners

111 Listeners

560 Listeners

146 Listeners

175 Listeners

330 Listeners

379 Listeners

478 Listeners

197 Listeners

151 Listeners