Recent Publications

Ponzetto, G. and U. Troiano,

"Social Capital, Government Expenditures, and Growth"


Forthcoming in Journal of the European Economic Association, 2024

Published in Journal of International Economics, 46 (1), 1998, 133-166 with the title ‘Sources and Propagation of International Output Cycles: Common Shocks or Transmission?’

Asriyan, V. and V. Vanasco,

"Security Design in Non-Exclusive Markets with Asymmetric Information"


The Review of Economic Studies, 2024, 91/2, 690–719

Published in Journal of International Economics, 46 (1), 1998, 133-166 with the title ‘Sources and Propagation of International Output Cycles: Common Shocks or Transmission?’

Asriyan, V., L. Laeven, A. Martin, A. Van der Ghote and V. Vanasco,

"Falling Interest Rates and Credit Reallocation: Lessons from General Equilibrium"


Forthcoming in The Review of Economic Studies, 2024

Published in Journal of International Economics, 46 (1), 1998, 133-166 with the title ‘Sources and Propagation of International Output Cycles: Common Shocks or Transmission?’

Nagy, D., C. Ducruet, R. Juhász and C. Steinwender,

"All Aboard: The Effects of Port Development"


Forthcoming in Journal of International Economics, 2024

Published in Journal of International Economics, 46 (1), 1998, 133-166 with the title ‘Sources and Propagation of International Output Cycles: Common Shocks or Transmission?’

Galí, J., R. Billi and A. Nakov,

"Optimal Monetary Policy with r*< 0"


Journal of Monetary Economics, 2024, 142, article 103518

Published in Journal of International Economics, 46 (1), 1998, 133-166 with the title ‘Sources and Propagation of International Output Cycles: Common Shocks or Transmission?’

Jeenas, P. and R. Lagos,

"Q-Monetary Transmission"


Journal of Political Economy, 2024, 132 (3), 971-1012

Published in Journal of International Economics, 46 (1), 1998, 133-166 with the title ‘Sources and Propagation of International Output Cycles: Common Shocks or Transmission?’

J. Díaz-Saavedra, R. Marimon and J. Brogueira de Sousa,

"A Worker’s Backpack as Alternative to the Spanish PAYG Pension System"


Journal of the European Economic Association, 2023, 21 (5), 1944-1993

Published in Journal of International Economics, 46 (1), 1998, 133-166 with the title ‘Sources and Propagation of International Output Cycles: Common Shocks or Transmission?’

G. Callegari, R. Marimon, A. Wicht and L. Zavalloni,

"On a Lender of Last Resort with a Central Bank and a Stability Fund"


Review of Economic Dynamics, 2023, 50, 106-130

Published in Journal of International Economics, 46 (1), 1998, 133-166 with the title ‘Sources and Propagation of International Output Cycles: Common Shocks or Transmission?’

Y. Liu, R. Marimon and A. Wicht,

"Making Sovereign Debt Safe with a Financial Stability Fund"


Journal of International Economics, 2023, 145, article 103834

Published in Journal of International Economics, 46 (1), 1998, 133-166 with the title ‘Sources and Propagation of International Output Cycles: Common Shocks or Transmission?’

Broner, F., T. Didier, S. Schmukler and G. von Peter,

"Bilateral International Investments: The Big Sur?"


Journal of International Economics, 2023, 145, article 103795

Published in Journal of International Economics, 46 (1), 1998, 133-166 with the title ‘Sources and Propagation of International Output Cycles: Common Shocks or Transmission?’

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