Recent Publications

A. Abraham, E. Cárceles, R. Marimon and Y. Liu,

"On the Optimal Design of a Financial Stability Fund"


Forthcoming in The Review of Economic Studies, 2025

Published in Handbook of Economic Growth, P. Aghion and S. Durlauf (eds.), vol 1A, 2005, Amsterdam: Elsevier, ISBN: 978-0-444-52041-8.

G. Benigno, L. Fornaro and M. Wolf,

"The Global Financial Resource Curse"


American Economic Review, 2024, 115 (1), 220-262

Published in Handbook of Economic Growth, P. Aghion and S. Durlauf (eds.), vol 1A, 2005, Amsterdam: Elsevier, ISBN: 978-0-444-52041-8.

L. Althoff and H. Reichardt,

"Jim Crow and Black Economic Progress After Slavery"


Quarterly Journal of Economics, 2024, 139 (4), 2279-2330

Published in Handbook of Economic Growth, P. Aghion and S. Durlauf (eds.), vol 1A, 2005, Amsterdam: Elsevier, ISBN: 978-0-444-52041-8.

Galí, J. and D. Debortoli,

"Idiosyncratic Income Risk and Aggregate Fluctuations"


American Economic Journal: Macroeconomics, 2024, 16(4), 279–310

Published in Handbook of Economic Growth, P. Aghion and S. Durlauf (eds.), vol 1A, 2005, Amsterdam: Elsevier, ISBN: 978-0-444-52041-8.

Ponzetto, G. and U. Troiano,

"Social Capital, Government Expenditures, and Growth"


Forthcoming in Journal of the European Economic Association, 2024

Published in Handbook of Economic Growth, P. Aghion and S. Durlauf (eds.), vol 1A, 2005, Amsterdam: Elsevier, ISBN: 978-0-444-52041-8.

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 Handbook of Economic Growth, P. Aghion and S. Durlauf (eds.), vol 1A, 2005, Amsterdam: Elsevier, ISBN: 978-0-444-52041-8.

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 Handbook of Economic Growth, P. Aghion and S. Durlauf (eds.), vol 1A, 2005, Amsterdam: Elsevier, ISBN: 978-0-444-52041-8.

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 Handbook of Economic Growth, P. Aghion and S. Durlauf (eds.), vol 1A, 2005, Amsterdam: Elsevier, ISBN: 978-0-444-52041-8.

Galí, J., R. Billi and A. Nakov,

"Optimal Monetary Policy with r*< 0"


Journal of Monetary Economics, 2024, 142, article 103518

Published in Handbook of Economic Growth, P. Aghion and S. Durlauf (eds.), vol 1A, 2005, Amsterdam: Elsevier, ISBN: 978-0-444-52041-8.

Jeenas, P. and R. Lagos,

"Q-Monetary Transmission"


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

Published in Handbook of Economic Growth, P. Aghion and S. Durlauf (eds.), vol 1A, 2005, Amsterdam: Elsevier, ISBN: 978-0-444-52041-8.

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