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

revised October 2016

Published in Journal of the European Economic Association, 16 (4), 2018, 1021-1068.

K. Greulich, S. Laczó and A. Marcet,

"Pareto-Improving Optimal Capital and Labor Taxes"


Forthcoming in Journal of Political Economy, 2022

revised October 2016

Published in Journal of the European Economic Association, 16 (4), 2018, 1021-1068.

Nagy, D.,

"Trade and Urbanization: Evidence from Hungary"


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

revised October 2016

Published in Journal of the European Economic Association, 16 (4), 2018, 1021-1068.

Fornaro, L.,

"A Theory of Monetary Union and Financial Integration"


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

revised October 2016

Published in Journal of the European Economic Association, 16 (4), 2018, 1021-1068.

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

"Globalization and Political Structure"


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

revised October 2016

Published in Journal of the European Economic Association, 16 (4), 2018, 1021-1068.

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

"Reserve Accumulation, Growth and Financial Crises"


Forthcoming in Journal of International Economics, 2022

revised October 2016

Published in Journal of the European Economic Association, 16 (4), 2018, 1021-1068.

Nagy, D.,

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


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

revised October 2016

Published in Journal of the European Economic Association, 16 (4), 2018, 1021-1068.

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

"Collateral Booms and Information Depletion"


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

revised October 2016

Published in Journal of the European Economic Association, 16 (4), 2018, 1021-1068.

Caggese, A. and A. Pérez-Orive,

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


European Economic Review, 2022, 142, article 103987

revised October 2016

Published in Journal of the European Economic Association, 16 (4), 2018, 1021-1068.

Galí, J.,

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


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

revised October 2016

Published in Journal of the European Economic Association, 16 (4), 2018, 1021-1068.

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