Matteo Maggiori's guest appearances

Matteo Maggiori

Macro Musings with David Beckworth

SEACEN Podcast

Collegio Carlo Alberto

Scientific Sense ®

Sebastian Edwards

Ramesh Ponnuru

Fannie Mae

Alex Nowrasteh

Diego Zuluaga

Steve Horwitz

Felix Salmon

Alan Greenspan

Binyamin Appelbaum

Anat Admati

Noah Smith

Robert Hall

George Selgin

Scott Sumner

Adam Ozimek

OwlTail

https://www.carloalberto.org/event/carlo-alberto-medal-lecture-the-global-capital-allocation-project/ Matteo Maggiori Stanford Graduate School of Business | recipient of the 2019 Carlo Alberto Medal  Introduction by Paolo Ghirardato, University of Turin and Fondazione Collegio Carlo Alberto  In recent decades, global flows of assets and goods have grown rapidly relative to GDP and have shifted aggressively during crises such as the global financial crisis and the current pandemic. Corporations and governments increasingly borrow from foreign investors, who face more options for allocating their capital in terms of asset class, currency, and geography. A sense of “who owns what” around the world, and why, is required to understand what these trends mean for the global economy. The lecture will provide an overview of Prof. Maggiori’s research exploring key elements driving global capital allocation. The lecture will focus in particular on the role of the dollar and offshore financial centers in shaping global capital allocations.  Matteo Maggiori is an associate professor of finance at Stanford Graduate School of Business. His research focuses on international macroeconomics and finance. He is a co-founder and director of the Global Capital Allocation Project. His research topics have included the analysis of exchange rate dynamics, global capital flows, the international financial system, the role of the dollar as a reserve currency, tax havens, bubbles, expectations and portfolio investment, and very long-run discount rates. His research combines theory and data with the aim of improving international economic policy. He is a faculty research fellow at the National Bureau of Economic Research and a research affiliate at the Center for Economic Policy Research. He received his PhD from the University of California at Berkeley.

<a href="https://www.carloalberto.org/event/carlo-alberto-medal-lecture-the-global-capital-allocation-project/" rel="nofollow" target="_blank">https://www.carloalberto.org/event/carlo-alberto-medal-lecture-the-global-capital-allocation-project/</a> Matteo Maggiori Stanford Graduate School of Business | recipient of the 2019 Carlo Alberto Medal  Introduction by Paolo Ghirardato, University of Turin and Fondazione Collegio Carlo Alberto  In recent decades, global flows of assets and goods have grown rapidly relative to GDP and have shifted aggressively during crises such as the global financial crisis and the current pandemic. Corporations and governments increasingly borrow from foreign investors, who face more options for allocating their capital in terms of asset class, currency, and geography. A sense of “who owns what” around the world, and why, is required to understand what these trends mean for the global economy. The lecture will provide an overview of Prof. Maggiori’s research exploring key elements driving global capital allocation. The lecture will focus in particular on the role of the dollar and offshore financial centers in shaping global capital allocations.  Matteo Maggiori is an associate professor of finance at Stanford Graduate School of Business. His research focuses on international macroeconomics and finance. He is a co-founder and director of the Global Capital Allocation Project. His research topics have included the analysis of exchange rate dynamics, global capital flows, the international financial system, the role of the dollar as a reserve currency, tax havens, bubbles, expectations and portfolio investment, and very long-run discount rates. His research combines theory and data with the aim of improving international economic policy. He is a faculty research fellow at the National Bureau of Economic Research and a research affiliate at the Center for Economic Policy Research. He received his PhD from the University of California at Berkeley.

Carlo Alberto Medal Lecture 2021 - Matteo Maggiori: “The Global Capital Allocation Project”

Matteo Maggiori is an associate professor of economics at Stanford University and joins David on Macro Musings to talk about global capital flows, reserve currencies, and the international monetary system. Specifically, David and Matteo also discuss the details of the Global Capital Allocation Project, the US and its status as banker to the world, the possibility we could see a major run on the dollar in the near future, and more.   Support Macro Musings and get a free mug:  https://donate.mercatus.org/mug/?utm_source=shownotes&amp;utm_medium=hyperlink&amp;utm_campaign=mug   Transcript for the episode can be found  here.   Matteo’s Twitter: @m_maggiori Matteo’s website: https://www.matteomaggiori.com/ Matteo’s Stanford profile:  https://www.gsb.stanford.edu/faculty-research/faculty/matteo-maggiori   Related Links:   The Global Capital Allocation Project: https://www.globalcapitalallocation.com/   *The Rise of the Dollar and Fall of the Euro as International Currencies* by Matteo Maggiori, Brent Neiman, and Jesse Schreger https://scholar.harvard.edu/files/maggiori/files/mns_pandp.pdf   *A Model of the International Monetary System* by Emmanuel Farhi and Matteo Maggiori https://scholar.harvard.edu/files/farhi/files/ims.pdf   David’s blog: macromarketmusings.blogspot.com David’s Twitter: @DavidBeckworth

Matteo Maggiori is an associate professor of economics at Stanford University and joins David on Macro Musings to talk about global capital flows, reserve currencies, and the international monetary system. Specifically, David and Matteo also discuss the details of the Global Capital Allocation Project, the US and its status as banker to the world, the possibility we could see a major run on the dollar in the near future, and more. Support Macro Musings and get a free mug: <a href="https://donate.mercatus.org/mug/?utm_source=shownotes&amp;utm_medium=hyperlink&amp;utm_campaign=mug" rel="nofollow" target="_blank"> https://donate.mercatus.org/mug/?utm_source=shownotes&amp;utm_medium=hyperlink&amp;utm_campaign=mug</a> Transcript for the episode can be found <a href="https://www.mercatus.org/macro-musings/matteo-maggiori-global-capital-allocation-project-exorbitant-privilege-and-dollar" rel="nofollow" target="_blank"> here.</a> Matteo’s Twitter: @m_maggiori Matteo’s website: <a href="https://www.matteomaggiori.com/" rel="nofollow" target="_blank">https://www.matteomaggiori.com/</a> Matteo’s Stanford profile: <a href="https://www.gsb.stanford.edu/faculty-research/faculty/matteo-maggiori" rel="nofollow" target="_blank"> https://www.gsb.stanford.edu/faculty-research/faculty/matteo-maggiori</a> Related Links: The Global Capital Allocation Project: <a href="https://www.globalcapitalallocation.com/" rel="nofollow" target="_blank">https://www.globalcapitalallocation.com/</a> *The Rise of the Dollar and Fall of the Euro as International Currencies* by Matteo Maggiori, Brent Neiman, and Jesse Schreger <a href="https://scholar.harvard.edu/files/maggiori/files/mns_pandp.pdf" rel="nofollow" target="_blank">https://scholar.harvard.edu/files/maggiori/files/mns_pandp.pdf</a> *A Model of the International Monetary System* by Emmanuel Farhi and Matteo Maggiori <a href="https://scholar.harvard.edu/files/farhi/files/ims.pdf" rel="nofollow" target="_blank">https://scholar.harvard.edu/files/farhi/files/ims.pdf</a> David’s blog: <a href="http://macromarketmusings.blogspot.com" rel="nofollow" target="_blank">macromarketmusings.blogspot.com</a> David’s Twitter: @DavidBeckworth

Matteo Maggiori on the Global Capital Allocation Project, Exorbitant Privilege, and Dollar Runs

On 3 April, Özer and Ole spoke to Matteo Maggiori, Associate Professor of Finance at the Stanford Graduate School of Business, about his research with Antonio Coppola (Harvard University), Brent Neiman (University of Chicago) and Jesse Schreger (Columbia University) on international capital movements (www.globalcapitalallocation.com) . Their aim was to shed light on how capital moves around the world. After painstaking data collection and careful analysis, the results present challenges to current orthodoxy. While official statistics capture the aggregate amount of cross-border capital flows, accounting for the ultimate nationality of the borrower rather than the location of the intermediary that does the borrowing matters considerably. For example, capital flows to emerging market economies according to their calculation are much bigger than previously thought. We discussed this point as well as some other implications of their findings.

On 3 April, Özer and Ole spoke to Matteo Maggiori, Associate Professor of Finance at the Stanford Graduate School of Business, about his research with Antonio Coppola (Harvard University), Brent Neiman (University of Chicago) and Jesse Schreger (Columbia University) on international capital movements (<a href="http://www.globalcapitalallocation.com/" rel="nofollow" target="_blank">www.globalcapitalallocation.com</a>) . Their aim was to shed light on how capital moves around the world. After painstaking data collection and careful analysis, the results present challenges to current orthodoxy. While official statistics capture the aggregate amount of cross-border capital flows, accounting for the ultimate nationality of the borrower rather than the location of the intermediary that does the borrowing matters considerably. For example, capital flows to emerging market economies according to their calculation are much bigger than previously thought. We discussed this point as well as some other implications of their findings.

Season 3 - Episode 6: In Conversation with Matteo Maggiori