D. Filiz Unsal
@dfilizunsal
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Head of Structural Policy Analysis @OECD . Previously @IMF . Views are my own.
Paris, France
Joined March 2016
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Attending a conference, and a prominent older gentleman asked where I work. When I answered, he said “Tell me who is the head, I will know him”. Well, surprise! I AM the head! Do not underestimate the power and talent of women!
#WomenInEconomics
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20 years ago as an undergraduate student in a developing country, I read Alan Blinder’s Central Banking Theory and Practice, which shaped what I wanted to worked on. Recently, I had the privilege to moderate an event for his new book. Moment to be grateful! 🙏🏻
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I moved to
@OECDeconomy
last September. Very excited to work with great colleagues to help OECD countries address key economic challenges and opportunities. And also, to live in Paris! 😊
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Club Marvy’de sirtimda yilan soktu, odada uyurken. Otelin hepsi durumu bildigi halde tutanak tutmayi reddediyorlar. Bu kadar ciddiyetsizlik az bulunur!!
@ClubMarvy
@saglikbakanligi
@iletisim_izmir
@kulturveturizm
@MehmetNuriErsoy
@drfahrettinkoca
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Meet the IAPOC index! It assesses monetary policy frameworks across countries and over time along Independence and Accountability, Policy and Operational Strategy, and Communications
#monetarypolicy
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Ran into an ex-colleague at the airport. I simply said hi, and as he checked his phone, he responded, "Let me finish this email, and I'll be ready to be ENTERTAINED by you." Such insinuations are reminders of everyday sexism so many women face!
#NotYourEntertaintment
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Such a big honor for me to present in an event with Alan Blinder, Rich Clarida, and
@davidmwessel
along with
@pogourinchas
.
Thurs (June 30) 10 AM ET: Alan Blinder & Rich Clarida comment on new IMF index categorizing & evaluating monetary policy frameworks around the world. . I moderate. Livestreamed.
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@kkatipbey
@aykiricomtr
Annesi bebege guc olsun, ona tutunsun diye birakmistir. Oyle de olmus. Allah’im bebege uzun omur versin, annesinin babasinin mekani cennet olsun. Bu nasil bir aci…
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My econ hero Maury Obstfeld discussed our paper. and I think I heard “impressive”....🤗 I can retire now.
Day 3 of NBER SI IFM starts in 30 minutes, please join us for talks by among others
@MCroce_MacroFin
@fabrizio_perri
@GitaGopinath
@InaSimonovska
@pogourinchas
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We have an exciting session at the AEA meetings on monetary policy. Hard to come across with this line-up—
@AdamPosen
@YGorodnichenko
@RefetGurkaynak
@R2Rsquared
along with Erceg, Faia, Levin, and Orphanides. Join us on the 6th if you are around!
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Ataturk square in Santiago 🙏🏻🇨🇱 It reads as “he inspired his people with the fire of his soul. His memory, like an unquenchable fire, will live on forever, giving strength to his people”! 🇹🇷 🇹🇷🇹🇷
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We are mourning for our losses as a country after the disaster. There are still many lives to be saved. If you want to help, here is an easy way
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Success of central banks depends on their people! I will give a glimpse of our new cool data and research on gender gaps in central banks. Join us
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Some emerging markets, even as inflation targeters, suffer from inflation. Why? We argue that frequent inconsistencies in monetary policymaking (deviations from "what they say they do") remain their kryptonite, undermining credibility. I will talk about this tomorrow at the AEA.
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Our work (w/
@Mariosa_Com
) uncovers this is true for many
#CentralBanks
, and not only for management level. In central banks,
#Women
are a minority in economics-related jobs (and esp. among PhDs) as opposed to HR/admin staff, and less often have full-time contracts. Stay tuned!
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Asaf Hocam ve Omer Faruk Hocam ile sohbetimizi heyecanla bekliyorum!
@AS_Akat
@ofc1962
@iktisatoplum
24 Şubat, saat 20:00-21:30 arası web sitemizde ve Youtube kanalımızda canlı yayınlanacak olan ARAYIŞ'ta Ömer Faruk Çolak ve Asaf Savaş Akat'ın beşinci konuğu IMF'den D.Filiz Ünsal. Bu programda ''Salgın, IMF ve Dünya Ekonomisi'' tartışılacak.
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Venezuela has a lot of serious problems, but it still is an amazing country🇻🇪❤️ So thankful to be here and visit the family. Happy new year!
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OECD Economics Department is hiring. And it would be great to have more women economists around! Please consider applying.
#WomenInEconomics
@WomenInMacro
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Presented our work (with C. Papageorgiou and H. Garbers) at the NBER SI 🤓 We develop a comprehensive index of monetary policy frameworks across countries 🔥🔥🔥 Working paper is coming up soon, slides are here
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What policies could do for promoting gender equality? Affordable childcare is key. A parent of two children could lose about half of earnings to childcare costs.
The loss is of course much higher for low-income earners. Our paper 👉
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This is not your grandfather’s emerging markets story! With great
@skalemliozcan
, we look at how most of these countries move towards a better policymaking and less vulnerable economic environment.
Historically, Fed interest rate hikes - or even the suggestion of hikes - have had major negative affects on developing economies. In the last few years, that hasn't happened - why not?
@skalemliozcan
&
@dfilizunsal
discuss on the latest
#BPEA
podcast ->
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We're hiring! Feel free to post your questions below, and I'll be glad to answer them 😊 (and also from the European Job Market)
Are you a young professional holding or completing a PhD & interested in social affairs, technological innovation & climate issues❓
@OECDeconomy
is recruiting Junior Economists & Economists at the American Economic Association.
📢 Deadline: 15/11
👉
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Our research shows women struggle for equal pay and career progression at central banks. Maybe we need more women policymakers to better control inflation globally!
#MonetaryPolicy
#CentralBanking
#WomeninEconomics
Our work (joint with Petra de Bruxelles,
@KalpanaKochhar
,
@JuRaskauskas
, and
@dfilizunsal
) on gender in central banks now featured on IMF Blogs
@IMFNews
- "Women Struggle for Equal Pay and Progression at Central Banks"
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Today we also launched the index which paints a very rich picture of monetary policymaking across the world. The working paper is here
JUST LAUNCHED: The IMF's new index of Monetary Policy Frameworks captures the policy foundations and practices of monetary policymaking in 50 central banks between 2007 and 2018. Check out here:
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Now that is cool! So thrilled about our citation by
@washingtonpost
. Our primary goal with this work has always been to elevate the discourse on gender issues in policymaking, and it seems that it is happening!!
#WomeninEconomics
Our work on gender in central banks has been cited by the
@washingtonpost
in this very interesting article. Worth a read!
@dfilizunsal
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Delighted to be hosting the session on “Monetary Policy and Inequality: COVID-19 and Beyond” with
@AdamPosen
@ojblanchard1
@MarkusEconomist
and Tharman Shanmugaratnam on Dec 14th. Let us know what you want to know! via
@PIIE
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📣 Our WP on the integrated policy frameworks is out 📣
Just put out some new research on policy making in emerging markets and developing economies faced with global financial shocks, dominant currency pricing, and currency mismatch on balance sheets. The paper is here: . A blog is here:
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We had an excellent discussion—lots to think about!! Thanks all for joining!
NOW:
@dfilizunsal
chairs discussion with
@AdamPosen
,
@ojblanchard1
,
@MarkusEconomist
, &
@Tharman_S
on the relationship between monetary policy & inequality & what central banks can do to help.
Watch
#CBInequality
live:
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I was explaining the concept of “interviewing for a job” to my 6 years old. I said—there would be questions to see if you are a good fit. He said—so for you, that would be like “does monetary policy make you fussy?” 😂 I guess he knows what I work on! ❤️🤓
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So glad to be a part of this work. Our working paper is here:
Fantastic to hear Treasury Secretary
@SecYellen
appreciate our work on policies for volatile times"...the IMF’s Integrated Policy Framework – or IPF – is a step forward in our understanding & consideration of a broader range of macroeconomic policy tools"
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I am presenting this morning our (with
@Mariosa_Com
and others) new exciting research on gender diversity in central banks. So much looking forward!
IEA webinar on Pathways to Gender Equality in Central Banks, joint with central banks of Spain and Colombia, with keynote by
@skalemliozcan
. May 18/19.
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100th years Turkish Republic!! 🇹🇷 It was born from the vision of Atatürk and the dedication of countless men and women. Today, we celebrate their legacy of strength, progress, and unity. Looking forward to a future filled with prosperity and peace.
#CumhuriyetBayram
ı 🇹🇷
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📣📣Great program in VMACS this week!
@virtualmacrosem
📣📣Diego Anzoategui will present our paper with
@josebammartinez
and Pau Rabanal on inefficient credit booms and the role of collateral on day 2 (Sept 1st) 💣💰🧐
📢The VMACS
@virtualmacrosem
Junior Conference will be held Monday, August 31 – Wednesday, September 2, 2020.
🗓️Conference Program and Registration links:
📋The first day of the conference will feature The Emmanuel Farhi Keynote Lecture given by
@DBaqaee
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This an excellent opportunity for (undergraduate) econ students that graduated in 2022 or will graduate in 2023!
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Whether and how should emerging markets use FXI, capital controls and macroprudential measures jointly with monetary policy? Suman Basu will be presenting our paper on integrated policy frameworks at this super interesting and timely conference!! 22 and 23 Nov.
Please join, this great conference starts tomorrow and will last for 2 days!
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Ya bebegimi soksaydi, cocuklar ve bebekler icin oldurucu olabiliyormus ciyan/yilan turleri. Sorumluluk almamak icin rapor bile tutmuyorlar.
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Our paper and Vox column—it gives some recommendation on banking supervision and resolution when banking sector is dominated by foreign banks.
The banking union and small host countries in Central, Eastern and South Eastern Europe:
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Had a productive discussion on reversing the productivity slowdown with Rita Bessone Basto &
@FedericoHuneeus
at the GFP conference. Enjoyed sessions ranging from the great insights on industrialization by
@ricardo_hausman
to green finance.
#GFPOECD
#OECDChile
@OECDeconomy
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Our new blog (and paper) with Katia D’Hulster (WB) on the governance of financial sector policies. How you make microprudential supervision, macroprudential policy, and bank resolution work together is key.
#centralbanking
#ECA
#financialpolicy
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Learned a lot from our recent discussion with
@swamihaf
,
@pisaniferry
,
@cullenhendrix
, and other
@PIIE
colleagues about the urgency of climate action, the (big!) role of the private sector, and the importance of supportive policies in this critical transition. Watch it here 👇
NOW:
@OECD
Going for Growth on the green economy transition without trade fragmentation, with Luiz de Mello,
@dfilizunsal
,
@pisaniferry
,
@cullenhendrix
,
@swamihaf
,
@ChadBown
,
@melovely_max
,
@philipilevy
, Douglas Sutherland, Yeo Han-koo.
Watch live:
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I will be discussing Claes and Peter’s interesting paper at the
#EFA2020
. I see that amortization requirement could be a powerful macroprudential tool 🏠, but I am not ready to give up the benefits of consumption smoothing 🤔 Join us if you can.
Tune in to
#EFA2020
to hear me talk about how the Swedish amortization requirement led to a decline in borrowing at origination. Spoiler: this implies that both interest rates and debt repayments matter for borrowing decisions, a thus far overlooked idea
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With the Peterson and CEP, we are organizing a three-part event on Central Banking and Inequality. The first part will discuss financial sector policy on Monday, 8-9:15 am (EST). Register!! 👉 via
@PIIE
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Can you stomach that only less than 2% of Africa’s population has received a first dose? I cannot.
#vaccinetheworld
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Ben geceyi hastanede gecirdim, en ufak bir empati yok adamlarda, gule gule cevap veren mudurle konusmak icin 1 saat bekledim.
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We are proposing a toolkit to integrate climate change into IMF’s macroeconomic frameworks, based on a new model
@chauthanhvu
and I developed. May 26th at 3pm—you can join and vote too!
The Climate Innovation Challenge is one way the IMF and its partners are tackling the global issue of climate change. Join us and our partners
@SECO_CH
&
@WorldResources
on May 26 as we select the winners!
#imfinnovation
Learn more:
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Bir de mudur gelmis gule gule konusuyor, nasil olsa herkes tatile geliyor kimse ugrasmaz diye sorumsuzluk almis basini gidiyor
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We will discuss new policies for sustainable and productive development and growth in September, with an incredible lineup of researchers and policymakers. Also, can’t wait to explore the beautiful city of Santiago!
#Productivity
#Growth
#SustainableDevelopment
📢Registration for the 2023 Annual Conference of the
#OECD
Global Forum on
#Productivity
co-organised with
@meconomia
is OPEN!
🔎➡Find out more and register now to participate in person or online:
@OECDinnovation
@C_Lombardelli
@santospereira_a
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@RiccardoTrezzi
Absolutely, yes. The percentage of female PhD economists is not something fixed. It is endogenous to whether women can find and retain a (good) job in central banks and in academia. We need to correct the latter first, rather one using the former as an excuse.
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@paures12
I would probaby be very upset if a male colleague posts this. You of course mean well, but this joke still bothers me more than the presence of people that do not get negative oil prices.
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@VirtualFinanceW
@MarkusEconomist
@SVNieuwerburgh
@JoeVavra
Wonderful line-up. But...no woman to talk about the topic among 5 speakers?
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Governments could incentivise decarbonization by letting price signals on fossil fuel energy operate, especially during expansionary periods. But some support to small and financially constrained firms may be needed.
@OECDeconomy
How do
#energyprices
affect
#productivity
, and is there a role for
#greeninvestment
?
Check out our new
@OECDeconomy
working paper (with Christophe André, Lilas Demmou, and Guido Franco):
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This was a long journey...We hope that it would provide a service to the profession by providing a multidimensional view of monetary policymaking rather than, for example, exchange rate or monetary policy regime classifications. Some more work coming on this, so stay tuned!
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Today great
@skalemliozcan
will present our latest paper on the newfound resilience of emerging markets against global financial conditions at the
@BrookingsInst
Don't miss it! 📑🌍
Conference drafts for Brookings Papers on Economic Activity conference now posted. Livestream begins at 1 PM EDT. Today
- Widening mortality gap betw BA and non-BA Americans
- Resilience of US supply chain
- How Fed rate hikes affect emerging markets
--
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Happening soon! Join us for an insightful discussion on the challenges of ensuring macro and financial stability in Europe. I will talk about how these issues interact with longer term concerns and the role of structural policies in helping address them. Hope to see you there!
Join us at the High-level workshop in cooperation w/
@ESM_Press
& learn more about Safeguarding macro &
#financialstability
in a fragile environment.
🗓️16 Nov. 2023
Register🔗
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Yes!!! Excited that we will further enhance our model-based framework to look into climate impact and policies 🌎🌱 Thanks
@IMFNews
for the opportunity!
Congratulations to the winning teams of the Climate Innovation Challenge! Watch the event replay and stay tuned to see how the teams operationalize their ideas
#IMFinnovation
@SECO_CH
@WorldResources
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All 10 paper presenters are men, women are either discussants or chairs...It seems we need to work way more on gender equity...do not tell me that it is the profession, please!!
#monetarypolicy
#centralbanking
#genderequity
#NBUconference19
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We just started!! Join if you can.
OCTOBER 23:
@OECD
Going for Growth on the green economy transition without trade fragmentation, with Luiz de Mello,
@dfilizunsal
,
@pisaniferry
,
@cullenhendrix
,
@swamihaf
,
@ChadBown
,
@melovely_max
,
@philipilevy
, Douglas Sutherland, Yeo Han-koo.
More:
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We have a great session coming up on “Monetary and Financial Policies for Open Economies” at
#ASSA2021
,
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Join us for the US launch for 2023
@OECDeconomy
Going for Growth at the
@PIIE
next Monday 9-12pm (EST)! Honored to discuss green transition alongside
@pisaniferry
@cullenhendrix
and
@swamihaf
. And very grateful to
@AdamPosen
for the opportunity!
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2 papers and 3 presentations (with awesome coauthors) at the NBER SI 🤗, a full time job, a toddler and a 7 month old (theeting) baby to take care of...life in the next two weeks will not look like a summer, at all! 🙃🤓
#NBERSI
#whoneedsabreak
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I see Covid-19 in my Turkish rug...time to go for a walk or something
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Just saying…😊
Check out a new paper by our Global Forum on Productivity.
Empowering women 🚺 in leadership positions is a catalyst for firm productivity. Explore our findings in our latest paper on
#gender
#DiversityInLeadership
👇
#OECDGFP
@ClaraKogel
@C_Criscuolo
Peter Gal and Cyrille Schwellnus
@OECDinnovation
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Happy to participate the 1st ever public review of US monetary policy in Chicago with a stellar line of speakers! What can be done to improve the MP framework in the US?
#FedListens
#monetarypolicy
#centralbanking
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GFP annual research conference is on in stunning Santiago! 🇨🇱 Delved deep into productivity & sustainable development discussions. Happy for the opportunity to showcase the extensive evidence from
@OECDeconomy
on productivity growth!
#GFPChile
#GFPOECD
Based on 10 years of
@OECD
insights & the GFP context, we present a policy framework:
1️⃣ Incentives 2️⃣ Capabilities (firms & workers)
Both pillars are vital for a productivity boost. Recognizing unique challenges for leaders & laggards is key.
#GFPChile
@dfilizunsal
#GFPOECD
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This is happening today at 3pm! We are working to make a difference 🌱🌎
@IMFNews
#ClimateAction
We are proposing a toolkit to integrate climate change into IMF’s macroeconomic frameworks, based on a new model
@chauthanhvu
and I developed. May 26th at 3pm—you can join and vote too!
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So excited to be a part of this! In case you are interested, most sessions will be streamed online this year.
I am very happy to share the NBER Summer Institute IFM program co-organized with
@InaSimonovska
. Submissions were great, and we are very excited about the program.
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@OzatayFatih
Elinize saglik Hocam. Finansal krizleri sizden dinleme sansina sahip oldum ODTU’de, bu konuda calisma merakimin onemli bir parcasi sizin derslerinizdir. Kitabinizi da edinmeyi dort gozle bekliyorum.
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@lwsamson
@JonSteinsson
We collected data on this for central banks through a detailed survey. Across G7, about 30 % of PhD economists are women. Better than academia, but nothing close to desirable, especially looking into the earnings…Will publish the WP soon w/
@Mariosa_Com
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“Covid-19 brought the most unequal recession we have seen in the modern era”
@AtifRMian
Join our Peterson event right now
#CBinequality
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Just got a paper accepted to the JME! Happy 2020 everybody! 🎉
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@ali_hakan_kara
Hakan Hocam, we looked only at exogenous shocks in our framework. But, we find that the use of IPF tools would improve policy tradeoffs under certain conditions and, going forward, allow monetary policy to focus on domestic objectives.
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Turkiye'de kadinlarin durumu...OECD ulkeleri arasinda en altlardayiz
#internationalwomensday
#dunyakadinlargunu
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For once, there is a queue in men’s bathroom as opposed to women’s. I will tell you one way to improve MP making—we need more women!
#FedListens
#genderequity
#monetarypolicy
#centralbanking
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Here is a bit more about our exciting project and the team!
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The increases in food prices since the onset of the pandemic has a role to play in this. In a related work, we observed significant price surges in staple foods in several countries.
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There was a dramatic worsening of world hunger in 2020. What can be done to ensure there is food on the table everywhere in the world? Join the conversation next week with the World Food Programme, 2020 Nobel piece prize winner.
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@njharbo
@Mariosa_Com
@hhsievertsen
Thanks NJ! Interesting paper. I guess when you are such a dominant majority (80% in this paper), it is easy to be very sure about yourself, which is never a good thing.
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@binhanelif
@GShlydnz
@gizembilgin
@gizemuzuner_
@zelihasrc
@Bilimkadinlari
@bertiloder
@CamusYarari
@gundesbakir
Tesekkur ederim Hocam 😊
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Lars Svensson on whether alternative monetary policy strategies would work— “one does not know [the outcome] until one tries”.
#FedListens
#monetarypolicy
#centralbanking
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With other international organizations and European institutions, we engaged in a productive dialogue about the myriad of policy challenges confronting European economies.
Replay available: SUERF I
@ESM_Press
workshop
incl
@pierregramegna
,
@klaus_adam
,
@TobiasAdrian1
@r_strauch
,
@DeboraRevoltel1
,
@dfilizunsal
,
@dr_gnan
Daniel Gros (
@Unibocconi
), Deniz Igan (
@BIS_org
), Cornelia Holthausen (
@ECB
), Peter Praet (former ECB)
▶️
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So sad to hear that Prof. Peter Sinclair passed away from covid. He was an exceptional economist and human being, simply the kindest. He supported me on several occasions as the chairman of Royal Economic Society, and was also a member of my PhD committee. Rest in peace, Peter...
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We are looking forward to the outcome of these discussions! 🤗📣Join us!👇
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@a_presbitero
@njharbo
@Mariosa_Com
@hhsievertsen
@Paola_Profeta
@DavideRomelli
Thanks Andrea! Definitely complementary work.
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