Recent Publications

Ponzetto, G. and U. Troiano,

"Social Capital, Government Expenditures, and Growth"


Forthcoming in Journal of the European Economic Association, 2024

Prepared for Els Opuscles del CREI

Asriyan, V. and V. Vanasco,

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


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

Prepared for Els Opuscles del CREI

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

Prepared for Els Opuscles del CREI

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

"All Aboard: The Effects of Port Development"


Forthcoming in Journal of International Economics, 2024

Prepared for Els Opuscles del CREI

Galí, J., R. Billi and A. Nakov,

"Optimal Monetary Policy with r*< 0"


Journal of Monetary Economics, 2024, 142, article 103518

Prepared for Els Opuscles del CREI

Jeenas, P. and R. Lagos,

"Q-Monetary Transmission"


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

Prepared for Els Opuscles del CREI

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

Prepared for Els Opuscles del CREI

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

Prepared for Els Opuscles del CREI

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

"Making Sovereign Debt Safe with a Financial Stability Fund"


Journal of International Economics, 2023, 145, article 103834

Prepared for Els Opuscles del CREI

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

"Bilateral International Investments: The Big Sur?"


Journal of International Economics, 2023, 145, article 103795

Prepared for Els Opuscles del CREI

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