Recent Publications

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

"Monetary Policy and Endogenous Financial Crises"


Forthcoming in The Review of Economic Studies, 2025

Published in P. Aghion and S. N. Durlauf (eds.), Handbook of Economic Growth, vol. 1B, Elsevier B. V., 2005, 1419-1497

Debortoli, D. and J. Galí,

"Heterogeneity and Aggregate Fluctuations: Insights from TANK Models"


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

Published in P. Aghion and S. N. Durlauf (eds.), Handbook of Economic Growth, vol. 1B, Elsevier B. V., 2005, 1419-1497

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

Published in P. Aghion and S. N. Durlauf (eds.), Handbook of Economic Growth, vol. 1B, Elsevier B. V., 2005, 1419-1497

Fornaro, L. and F. Romei,

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


Forthcoming in 2025

Published in P. Aghion and S. N. Durlauf (eds.), Handbook of Economic Growth, vol. 1B, Elsevier B. V., 2005, 1419-1497

Ponzetto, G. and U. Troiano,

"Social Capital, Government Expenditures, and Growth"


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

Published in P. Aghion and S. N. Durlauf (eds.), Handbook of Economic Growth, vol. 1B, Elsevier B. V., 2005, 1419-1497

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

Published in P. Aghion and S. N. Durlauf (eds.), Handbook of Economic Growth, vol. 1B, Elsevier B. V., 2005, 1419-1497

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

"The Global Financial Resource Curse"


American Economic Review, 2025, 115 (1), 220-262

Published in P. Aghion and S. N. Durlauf (eds.), Handbook of Economic Growth, vol. 1B, Elsevier B. V., 2005, 1419-1497

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

Published in P. Aghion and S. N. Durlauf (eds.), Handbook of Economic Growth, vol. 1B, Elsevier B. V., 2005, 1419-1497

L. Althoff and H. Reichardt,

"Jim Crow and Black Economic Progress After Slavery"


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

Published in P. Aghion and S. N. Durlauf (eds.), Handbook of Economic Growth, vol. 1B, Elsevier B. V., 2005, 1419-1497

Galí, J. and D. Debortoli,

"Idiosyncratic Income Risk and Aggregate Fluctuations"


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

Published in P. Aghion and S. N. Durlauf (eds.), Handbook of Economic Growth, vol. 1B, Elsevier B. V., 2005, 1419-1497

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