Recent Publications

Fornaro, L. and F. Romei,

"Monetary Cooperation during Global Inflation Surges"


American Economic Review, 2026, 116 (1), 164-188

Appendix

Previously circulated as “Falling Interest Rates and Credit Misallocation: Lessons from General Equilibrium”

Debortoli, D., M. Forni, L. Gambetti and L. Sala,

"Nonlinear Monetary Policy Tradeoffs"


Forthcoming in The Economic Journal, 2025

Appendix

Previously circulated as “Falling Interest Rates and Credit Misallocation: Lessons from General Equilibrium”

Fornaro, L.,

"Fiscal Stimulus with Supply Constraints"


Forthcoming in IMF Economic Review, 2025

Appendix

Previously circulated as “Falling Interest Rates and Credit Misallocation: Lessons from General Equilibrium”

Mathieu Taschereau-Dumouchel and E. Schaal,

"Coordinating Business Cycles"


Journal of Monetary Economics, 2025, 155, article 103829

Appendix

Previously circulated as “Falling Interest Rates and Credit Misallocation: Lessons from General Equilibrium”

F. Boissay, F. Collard, J. Galí and C. Manea,

"Monetary Policy and Endogenous Financial Crises"


Forthcoming in The Review of Economic Studies, 2025

Appendix

Previously circulated as “Falling Interest Rates and Credit Misallocation: Lessons from General Equilibrium”

Debortoli, D. and J. Galí,

"Heterogeneity and Aggregate Fluctuations: Insights from TANK Models"


NBER Macroeconomics Annual, 2025, 39 (1), 307-357

Appendix

Previously circulated as “Falling Interest Rates and Credit Misallocation: Lessons from General Equilibrium”

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

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


The Review of Economic Studies, 2025, 92 (4), 2197-2227

Appendix

Previously circulated as “Falling Interest Rates and Credit Misallocation: Lessons from General Equilibrium”

Fornaro, L. and F. Romei,

"An International Perspective on Inflation during the Covid-19 Recovery"


2025, 378–389

Appendix

Previously circulated as “Falling Interest Rates and Credit Misallocation: Lessons from General Equilibrium”

Ponzetto, G. and U. Troiano,

"Social Capital, Government Expenditures, and Growth"


Journal of the European Economic Association, 2025, 23 (2), 632-681

Appendix

Previously circulated as “Falling Interest Rates and Credit Misallocation: Lessons from General Equilibrium”

Broner, F., A. Martin, C. Trebesch, J. Meyer and J. Zhou Wu,

"Hegemony and International Alignment"


American Economic Association: Papers & Proceedings, 2025, 115, 593-598

Appendix

Previously circulated as “Falling Interest Rates and Credit Misallocation: Lessons from General Equilibrium”

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