Recent Publications

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

"Reserve Accumulation, Growth and Financial Crises"


Forthcoming in Journal of International Economics, 2022

Published in C. Raddatz, D. Saravia and J. Ventura (eds.), Global Liquidity, Spillovers to Emerging Markets, and Policy ResponsesCentral Bank of Chile, 2014, 315-341.

Nagy, D.,

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


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

Published in C. Raddatz, D. Saravia and J. Ventura (eds.), Global Liquidity, Spillovers to Emerging Markets, and Policy ResponsesCentral Bank of Chile, 2014, 315-341.

Caggese, A. and A. Pérez-Orive,

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


European Economic Review, 2022, 142, article 103987

Published in C. Raddatz, D. Saravia and J. Ventura (eds.), Global Liquidity, Spillovers to Emerging Markets, and Policy ResponsesCentral Bank of Chile, 2014, 315-341.

Galí, J.,

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


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

Published in C. Raddatz, D. Saravia and J. Ventura (eds.), Global Liquidity, Spillovers to Emerging Markets, and Policy ResponsesCentral Bank of Chile, 2014, 315-341.

Giannone, E., N. Paixao and X. Pang,

"JUE Insight: The Geography of Pandemic Containment"


Forthcoming in Journal of Urban Economics, 2022

Published in C. Raddatz, D. Saravia and J. Ventura (eds.), Global Liquidity, Spillovers to Emerging Markets, and Policy ResponsesCentral Bank of Chile, 2014, 315-341.

A. Innoue and B. Rossi,

"A New Approach to Measuring Economic Policy Shocks, with an Application to Conventional and Unconventional Monetary Policy"


Quantitative Economics, 2021, 12 (4), 1085-1138

Published in C. Raddatz, D. Saravia and J. Ventura (eds.), Global Liquidity, Spillovers to Emerging Markets, and Policy ResponsesCentral Bank of Chile, 2014, 315-341.

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

"Globalization and Political Structure"


Forthcoming in Journal of the European Economic Association, 2021

Published in C. Raddatz, D. Saravia and J. Ventura (eds.), Global Liquidity, Spillovers to Emerging Markets, and Policy ResponsesCentral Bank of Chile, 2014, 315-341.

Ghassibe, M.,

"Monetary Policy and Production Networks: An Empirical Investigation"


Journal of Monetary Economics, 2021, 19, 21-39

Published in C. Raddatz, D. Saravia and J. Ventura (eds.), Global Liquidity, Spillovers to Emerging Markets, and Policy ResponsesCentral Bank of Chile, 2014, 315-341.

Debortoli, D., R. Nunes and P. Yared,

"The Commitment Benefit of Consols in Government Debt Management"


Forthcoming in American Economic Review: Insights, 2021

Published in C. Raddatz, D. Saravia and J. Ventura (eds.), Global Liquidity, Spillovers to Emerging Markets, and Policy ResponsesCentral Bank of Chile, 2014, 315-341.

Eeckhout, J. and X. Weng,

"Assortative Learning"


Forthcoming in Econometrica-Centennial Issue, 2021

Published in C. Raddatz, D. Saravia and J. Ventura (eds.), Global Liquidity, Spillovers to Emerging Markets, and Policy ResponsesCentral Bank of Chile, 2014, 315-341.

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