Recent Publications

Galí, J., P. Andrade, H. Le Bihan and J. Matheron,

"Should the ECB Adjust its Strategy in the Face of a Lower r*?"


Forthcoming in Journal of Economic Dynamics and Control, 2021

Revised November 2019

Published in Journal of Monetary Economics, 109, 2020, 107-127.

Nagy, D.,

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


Forthcoming in Regional Science and Urban Economics, 2021

Revised November 2019

Published in Journal of Monetary Economics, 109, 2020, 107-127.

di Giovanni, J., S. Kalemi-Özcan, M. Ulu and Y.S. Baskaya,

"International Spillovers and Local Credit Cycles"


Forthcoming in The Review of Economic Studies, 2021

Revised November 2019

Published in Journal of Monetary Economics, 109, 2020, 107-127.

Schaal, E., P. Fajgelbaum, A. Khandelwal, W. Kim and C. Mantovani,

"Optimal Lockdown in a Commuting Network"


Forthcoming in American Economic Review: Insights, 2021

Revised November 2019

Published in Journal of Monetary Economics, 109, 2020, 107-127.

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

"Collateral Booms and Information Depletion"


Forthcoming in The Review of Economic Studies, 2021

Revised November 2019

Published in Journal of Monetary Economics, 109, 2020, 107-127.

Baley, I. and A. Blanco,

"Aggregate Dynamics in Lumpy Economies"


Forthcoming in Econometrica, 2021

Revised November 2019

Published in Journal of Monetary Economics, 109, 2020, 107-127.

García-Santana, M., J. Pijoan-Mas and L. Villacorta,

"Investment Demand and Structural Change"


Forthcoming in Econometrica, 2021

Revised November 2019

Published in Journal of Monetary Economics, 109, 2020, 107-127.

Rossi, B.,

"Forecasting in the Presence of Instabilities: How Do We Know Whether Models Predict Well and How to Improve Them"


Forthcoming in Journal of Economic Literature, 2021

Revised November 2019

Published in Journal of Monetary Economics, 109, 2020, 107-127.

Galí, J.,

"Uncovered Interest Parity, Forward Guidance and the Exchange Rate"


Journal of Money, Credit and Banking, 2021, 52(S2), 465-496

Revised November 2019

Published in Journal of Monetary Economics, 109, 2020, 107-127.

Martin, A., F. Broner, L. Pandolfi and T. Williams,

"Winners and Losers from Sovereign Debt Inflows"


Journal of International Economics, 2021, 130, article 103446

Revised November 2019

Published in Journal of Monetary Economics, 109, 2020, 107-127.

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