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

In E. Fornero and E. Luciano (Eds.), Developing an Annuity Market in Europe, Cheltenham: Edward Elgar, 2004, 262-290

Link to the Book

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

"The Global Financial Resource Curse"


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

In E. Fornero and E. Luciano (Eds.), Developing an Annuity Market in Europe, Cheltenham: Edward Elgar, 2004, 262-290

Link to the Book

L. Althoff and H. Reichardt,

"Jim Crow and Black Economic Progress After Slavery"


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

In E. Fornero and E. Luciano (Eds.), Developing an Annuity Market in Europe, Cheltenham: Edward Elgar, 2004, 262-290

Link to the Book

Galí, J. and D. Debortoli,

"Idiosyncratic Income Risk and Aggregate Fluctuations"


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

In E. Fornero and E. Luciano (Eds.), Developing an Annuity Market in Europe, Cheltenham: Edward Elgar, 2004, 262-290

Link to the Book

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

"All Aboard: The Effects of Port Development"


Journal of International Economics, 2024, Volume 151, 103963

In E. Fornero and E. Luciano (Eds.), Developing an Annuity Market in Europe, Cheltenham: Edward Elgar, 2004, 262-290

Link to the Book

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, 2024, 1-31

In E. Fornero and E. Luciano (Eds.), Developing an Annuity Market in Europe, Cheltenham: Edward Elgar, 2004, 262-290

Link to the Book

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

"Returns to labour mobility"


The Economic Journal, 2024, 135, 430–454

In E. Fornero and E. Luciano (Eds.), Developing an Annuity Market in Europe, Cheltenham: Edward Elgar, 2004, 262-290

Link to the Book

Ponzetto, G. and U. Troiano,

"Social Capital, Government Expenditures, and Growth"


Forthcoming in Journal of the European Economic Association, 2024

In E. Fornero and E. Luciano (Eds.), Developing an Annuity Market in Europe, Cheltenham: Edward Elgar, 2004, 262-290

Link to the Book

Galí, J., R. Billi and A. Nakov,

"Optimal Monetary Policy with r*< 0"


Journal of Monetary Economics, 2024, 142, article 103518

In E. Fornero and E. Luciano (Eds.), Developing an Annuity Market in Europe, Cheltenham: Edward Elgar, 2004, 262-290

Link to the Book

Jeenas, P. and R. Lagos,

"Q-Monetary Transmission"


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

In E. Fornero and E. Luciano (Eds.), Developing an Annuity Market in Europe, Cheltenham: Edward Elgar, 2004, 262-290

Link to the Book

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