The Rhodes Center for International Economics and Finance @Watson_School explores how global politics, economics & finance shape the uncertain world we inhabit.

Providence Rhode Island
Joined July 2026
Happy to announce the release of our first curated dataset from @GLL_Brown @Brown_Economics @Watson_School @RhodesCenter We logged every US tariff rate: threats, announcements, signed into law since January 2025. 749 of them, timed to the minute, with the exact quote and source. Only 30% are executive orders. The rest is the noise markets trade on. Free, updated weekly: globallinkages.org/datasets/…
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Happy to be part of Johns Hopkins’ 150th anniversary celebrations and giving the keynote speech at “Envisioning the Future of Global Supply Chains” event. @GLL_Brown @RhodesCenter @Watson_School @Brown_Economics jh150.vercel.app/
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Here are my keynote slides globallinkages.org/pdfs/bc38… from the recent conference by @arebucci1 carey.jhu.edu/events/envisio… Many insightful panels on how to develop tools and frameworks, backed by evidence, for global policymakers who are trying to navigate through geopolitical shocks. Understanding Macroeconomics of Geopolitics is first order for this goal. My keynote summarizes the research we have been doing at @GLL_Brown @RhodesCenter @Watson_School @Brown_Economics on these issues---How are supply chain trade, investment and capital ownership changing at the firm level, globally, and what are the inflationary consequences of these changes for the United States and other countries?
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Join us next week for @BrentNeiman's Global Challenges Research Seminar on "Financial Sanctions and the Global Payments Network" where he will discuss the efficacy of financial sanctions as a tool of economic statecraft. 📅 Wednesday, Oct. 7 at 4 PM events.brown.edu/watson/even…
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#RhodesCenter #podcast: The ties that bind, and the ties that blind: Central bankers in moments of crisis — @MkBlyth talks with Aditi Sahasrabuddhe about her book "Bankers' Trust," on how relationships among central bankers helped avert global financial collapse from the 1920s to 2008. ow.ly/R5UN50ZOJ1q
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Replying to @ChicagoFed
@ChicagoFed's and @RichmondFed's Goolsbee and Barkin argue inflation is not limited to energy shocks and looking-through may not be appropriate when repeated supply shocks become a feature. bloomberg.com/news/articles/… reuters.com/business/feds-ba… Our research @GLL_Brown globallinkages.org/ quantifies how persistent U.S. inflation can be due to tariffs and other global/local supply shocks when such shocks become a frequent feature of the new international order. @RhodesCenter @Watson_School @Brown_Economics
The Fed hiked for the first time since 2023. Energy gets the headlines, but tariff passthrough is still in the inflation data. Since Jan 2025 the U.S. aggregate price level has risen 0.3% more than its pre-2025 trend (headline CPI, FRED series CPIAUCSL). Our Global Linkages Lab model (first draft March 2025: nber.org/papers/w33686), w/ @soylu_can and Muhammed Yildirim, using actual implemented tariffs and excluding the Hormuz shock, implies a cumulative tariff effect on the price level of 0.3% over the same 7 quarters (0.35 in the long run). Our numbers are conservative. Core goods prices are 1.8% higher than in Dec 2024, which is 1.8 to 2.9% above their flat to falling pre-2025 trend. With a 19% weight in the CPI basket, that is a 0.34 to 0.55 percentage point contribution to the aggregate price level, against the model's 0.3. @Brown_Economics @RhodesCenter @Watson_School fred.stlouisfed.org/series/C… More from the lab: globallinkages.org/
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#RhodesCenter #podcast: The ties that bind, and the ties that blind: Central bankers in moments of crisis — @MkBlyth talks with Aditi Sahasrabuddhe about her book "Bankers' Trust," on how relationships among central bankers helped avert global financial collapse from the 1920s to 2008. ow.ly/1RZX50ZPNys
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In @WebullGlobal, @skalemliozcan said the Federal Reserve must eventually raise rates, warning that delay will only make inflation more stubborn and harder to fix. ow.ly/fiaG50ZPE3p
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The Fed hiked for the first time since 2023. Energy gets the headlines, but tariff passthrough is still in the inflation data. Since Jan 2025 the U.S. aggregate price level has risen 0.3% more than its pre-2025 trend (headline CPI, FRED series CPIAUCSL). Our Global Linkages Lab model (first draft March 2025: nber.org/papers/w33686), w/ @soylu_can and Muhammed Yildirim, using actual implemented tariffs and excluding the Hormuz shock, implies a cumulative tariff effect on the price level of 0.3% over the same 7 quarters (0.35 in the long run). Our numbers are conservative. Core goods prices are 1.8% higher than in Dec 2024, which is 1.8 to 2.9% above their flat to falling pre-2025 trend. With a 19% weight in the CPI basket, that is a 0.34 to 0.55 percentage point contribution to the aggregate price level, against the model's 0.3. @Brown_Economics @RhodesCenter @Watson_School fred.stlouisfed.org/series/C… More from the lab: globallinkages.org/
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Semester is in full swing at @BrownUniversity and I'm thrilled! I joined @RhodesCenter for International Economics and Finance as a postdoc, continuing my work on how legal labor and export markets and their regulatory institutions shape armed group strategy in conflict. Coffee?
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For the first time in +3 years, the U.S. Fed announced today that they will be raising interest rates to 3.75%-4%. Despite a unanimous vote today, as markets expected, the "family fight" that @skalemliozcan flagged before the vote is likely to continue:  ft.com/content/f62e467a-bcb6…"
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New year, new leadership at the Watson School. Six appointments across academic programs and research centers as the school continues to grow: Bryce Millett Steinberg (MPA), Andrew Schrank (Ph.D. and Postdoctoral Programs), Nicole Pangborn (Undergraduate Studies), @danybahar (online MPP), Wilmot James (Africa Initiative), and @skalemliozcan (Rhodes Center). ow.ly/U4bO50ZNpyK
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Replay this @RhodesCenter #podcast: From competition to monopoly and back again: a political economist's tale — @MkBlyth talks with Erik Peinert about his new book on how the US and France have tackled monopoly power, and what it means for rising market concentration today. ow.ly/1jyQ50YK2Wz
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We are thrilled to welcome Şebnem Kalemli-Özcan as the new Director of the Rhodes Center, as of July! A leading scholar on global trade, finance, and economic growth, we are excited for the deep expertise she brings to the center's work 🌍@skalemliozcan home.watson.brown.edu/news/n…
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AI as a Social Technology — A @RhodesCenter conversation with Henry Farrell, covering democracy, digital politics, and the forces shaping today’s global economy. (VIDEO) ow.ly/EFp150XunF4
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The Watson School of International and Public Affairs celebrated a milestone on July 1: one year since its launch as @BrownUniversity's first new school in over a decade, with a bold vision to address the world's most pressing economic, political, social and policy challenges. Learn more: home.watson.brown.edu/news/2…
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Looking for thoughtful discussions on today's most pressing global issues? Explore the Watson School's Distinguished Speaker Series, featuring prominent scholars, diplomats, and public intellectuals from around the world. Explore the playlist on YouTube: ow.ly/OguN50ZwFKa
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Central banking in an age of repeated supply shocks is complicated — especially alongside a capex-debt boom. My @ProSyn column below based on our research and my @BloombergTV interview from last week explain why inflation stays persistent under these conditions, and why markets may be mispricing what a look-through policy implies. youtube.com/watch?v=N7tKTy3N… project-syndicate.org/commen…
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