Recent Publications

Ghassibe, M. and F. Zanetti,

"State Dependence of Fiscal Multipliers: The Source of Fluctuations Matters"


Journal of Monetary Economics, 2022, 132, 1-23

Fiscal Federalism: Comparative Experiences and Challenges, Forum of Federations, Ottawa, Canada, forthcoming

K. Greulich, S. Laczó and A. Marcet,

"Pareto-Improving Optimal Capital and Labor Taxes"


Forthcoming in Journal of Political Economy, 2022

Fiscal Federalism: Comparative Experiences and Challenges, Forum of Federations, Ottawa, Canada, forthcoming

Nagy, D.,

"Trade and Urbanization: Evidence from Hungary"


American Economic Journal: Microeconomics, 2022, 14 (3), 733-790

Fiscal Federalism: Comparative Experiences and Challenges, Forum of Federations, Ottawa, Canada, forthcoming

Fornaro, L.,

"A Theory of Monetary Union and Financial Integration"


The Review of Economic Studies, 2022, 89 (4), 1911-1947

Fiscal Federalism: Comparative Experiences and Challenges, Forum of Federations, Ottawa, Canada, forthcoming

G. Gancia, G. Ponzetto and J. Ventura,

"Globalization and Political Structure"


Journal of the European Economic Association, 2022, 20 (3), 1276-1310

Fiscal Federalism: Comparative Experiences and Challenges, Forum of Federations, Ottawa, Canada, forthcoming

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

"Reserve Accumulation, Growth and Financial Crises"


Forthcoming in Journal of International Economics, 2022

Fiscal Federalism: Comparative Experiences and Challenges, Forum of Federations, Ottawa, Canada, forthcoming

Nagy, D.,

"Quantitative Economic Geography meets History: Questions, Answers and Challenges"


Regional Science and Urban Economics, 2022, 94, Article 103675

Fiscal Federalism: Comparative Experiences and Challenges, Forum of Federations, Ottawa, Canada, forthcoming

Asriyan, V., L. Laeven and A. Martin,

"Collateral Booms and Information Depletion"


The Review of Economic Studies, 2022, 89 (2), 517–555

Fiscal Federalism: Comparative Experiences and Challenges, Forum of Federations, Ottawa, Canada, forthcoming

Caggese, A. and A. Pérez-Orive,

"How Stimulative are Low Real Interest Rates for Intangible Capital?"


European Economic Review, 2022, 142, article 103987

Fiscal Federalism: Comparative Experiences and Challenges, Forum of Federations, Ottawa, Canada, forthcoming

Galí, J.,

"Insider-Outsider Labor Markets, Hysteresis and Monetary Policy"


Journal of Money, Credit and Banking, 2022, 54(S1), 53-88

Fiscal Federalism: Comparative Experiences and Challenges, Forum of Federations, Ottawa, Canada, forthcoming

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