Recent Publications

Fornaro, L. and F. Romei,

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


Forthcoming in 2025

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"


Forthcoming in American Economic Association: Papers & Proceedings, 2025

Appendix

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

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

Appendix

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

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

"The Global Financial Resource Curse"


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

Appendix

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

L. Althoff and H. Reichardt,

"Jim Crow and Black Economic Progress After Slavery"


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

Appendix

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

Galí, J. and D. Debortoli,

"Idiosyncratic Income Risk and Aggregate Fluctuations"


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

Appendix

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

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

"All Aboard: The Effects of Port Development"


Journal of International Economics, 2024, Volume 151, 103963

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"


Forthcoming in The Review of Economic Studies, 2024

Appendix

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

Baley, I., Lars Ljungqvist and Thomas J. Sargent,

"Returns to labour mobility"


The Economic Journal, 2024, 135, 430–454

Appendix

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

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