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 April 2016

Published in The Economic Journal, 128 (609), 2018, 612-651.

Read a non-technical summary on VoxEU

K. Greulich, S. Laczó and A. Marcet,

"Pareto-Improving Optimal Capital and Labor Taxes"


Forthcoming in Journal of Political Economy, 2022

revised April 2016

Published in The Economic Journal, 128 (609), 2018, 612-651.

Read a non-technical summary on VoxEU

Nagy, D.,

"Trade and Urbanization: Evidence from Hungary"


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

revised April 2016

Published in The Economic Journal, 128 (609), 2018, 612-651.

Read a non-technical summary on VoxEU

Fornaro, L.,

"A Theory of Monetary Union and Financial Integration"


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

revised April 2016

Published in The Economic Journal, 128 (609), 2018, 612-651.

Read a non-technical summary on VoxEU

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

"Globalization and Political Structure"


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

revised April 2016

Published in The Economic Journal, 128 (609), 2018, 612-651.

Read a non-technical summary on VoxEU

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

"Reserve Accumulation, Growth and Financial Crises"


Forthcoming in Journal of International Economics, 2022

revised April 2016

Published in The Economic Journal, 128 (609), 2018, 612-651.

Read a non-technical summary on VoxEU

Nagy, D.,

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


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

revised April 2016

Published in The Economic Journal, 128 (609), 2018, 612-651.

Read a non-technical summary on VoxEU

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

"Collateral Booms and Information Depletion"


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

revised April 2016

Published in The Economic Journal, 128 (609), 2018, 612-651.

Read a non-technical summary on VoxEU

Caggese, A. and A. Pérez-Orive,

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


European Economic Review, 2022, 142, article 103987

revised April 2016

Published in The Economic Journal, 128 (609), 2018, 612-651.

Read a non-technical summary on VoxEU

Galí, J.,

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


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

revised April 2016

Published in The Economic Journal, 128 (609), 2018, 612-651.

Read a non-technical summary on VoxEU

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