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  • MISSION STATEMENT The Empirical Macroeconomics Policy Center of Texas (EMPCT) is dedicated to promoting, supporting, and diffusing empirical macroeconomic research Read more 

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  • Macro Faculty | Affiliated Students | External Affiliates DIRECTORS Olivier Coibion is the Malcolm Forsman Centennial Professor of Economics at The University Read more 

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  • How News about the US Economy Drives Global Financial ConditionsJuly 15, 2025By Christoph E Boehm and Niklas KronerExcerpt - It is well-known that changes in US interest Read more 

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OPINIONS | July 15, 2025
How News about the US Economy Drives Global Financial Conditions
It is well-known that changes in US interest rates can have a major impact on global financial markets, but how does other US economic news affect the rest of the world? In new research, Christoph Boehm and Niklas Kroner find that global stock prices jump immediately, and in a synchronized way, to news releases about changes in the US economy and that US monetary policy can have a stabilizing role following such releases. In contrast, foreign economic news releases have little to no effect on US markets. Read more

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  • The Evolving Energy and Policy Landscape

    October 2, 2025
    The University of Texas at Austin

    EMPCT will be hosting a conference on "The Evolving Energy and Policy Landscape" at the University of Texas at Austin on October 2nd, 2025. The conference will feature of panel of distinguished policymakers and experts, as well as academics presenting some of the latest research in this rapidly changing area. The conference will be open to the public. Stay tuned for updates!

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