Sebastian Stumpner

I am a research economist at Banque de France. My areas of interest are macroeconomics and international economics.

CV

Email: sebastian.stumpner@banque-france.fr

Research:


From Macro to Micro: Large Exporters Coping with Global Crises (with J.C. Bricongne, J. Carluccio, L. Fontagné, and G. Gaulier)

Journal of International Economics, Vol. 153 (Jan 2025)

Older version: BdF working paper N. 881 (Jul 2022). 

Summaries: VoxEU, BdF Blog No. 238 (Nov 2021), SUERF Policy Brief


Trade under Lockdown (with Antoine Berthou).

Journal of International Economics, Vol 152 (Nov 2024)

Older version (Feb 2022): BdF working paper N. 867

Summaries: BdF Blog No. 223 (Apr 2021), BdF Blog No. 293 (Dec 2022)


Estimating U.S. Consumer Gains from Chinese Imports (with Liang Bai). 

American Economic Review: Insights, Vol 1, Issue 2 (Sep 2019), pp. 209-224. 

Summaries: BdF Blog No. 118 (Jun 2019), Econbrowser


Trade and the Geographic Spread of the Great Recession

Journal of International Economics, Vol 119 (July 2019), pp. 169-180


Capital Account Liberalization and Aggregate Productivity: The Role of Firm Capital Allocation (with Mauricio Larrain). 

Journal of Finance, Vol 72, Issue 4 (Aug 2017), pp.1825-1858



Policy:


Navigating a fragmenting global trading system: Insights for central banks, ECB Occasional Paper N. 365 (Dec 2024)


Nowcasting World Trade with Machine Learning (with B. Meunier and M. Chinn), BdF Working Paper N. 917 

A summary of this work is here: Bulletin de la Banque de France, 22/11/2023


BdF Blog No. 268 (May 2022) on transport costs and US import prices


The Implications of globalisation for the ECB monetary policy strategy, ECB Occasional Paper N. 263 (Sep 2021). VoxEU Summary on the Globalisation-Inflation part where I was involved