Recent Publications

Fornaro, L. and F. Romei,

"Monetary Cooperation during Global Inflation Surges"


Forthcoming in American Economic Review, 2025

revised January 2015

Published in Journal of International Money and Finance, 54 (1), 2015, 116-141

Matlab codes [+]

Fornaro, L.,

"Fiscal Stimulus with Supply Constraints"


Forthcoming in IMF Economic Review, 2025

revised January 2015

Published in Journal of International Money and Finance, 54 (1), 2015, 116-141

Matlab codes [+]

Mathieu Taschereau-Dumouchel and E. Schaal,

"Coordinating Business Cycles"


Journal of Monetary Economics, 2025, article 103829

revised January 2015

Published in Journal of International Money and Finance, 54 (1), 2015, 116-141

Matlab codes [+]

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

"Monetary Policy and Endogenous Financial Crises"


Forthcoming in The Review of Economic Studies, 2025

revised January 2015

Published in Journal of International Money and Finance, 54 (1), 2015, 116-141

Matlab codes [+]

Debortoli, D. and J. Galí,

"Heterogeneity and Aggregate Fluctuations: Insights from TANK Models"


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

revised January 2015

Published in Journal of International Money and Finance, 54 (1), 2015, 116-141

Matlab codes [+]

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

revised January 2015

Published in Journal of International Money and Finance, 54 (1), 2015, 116-141

Matlab codes [+]

Fornaro, L. and F. Romei,

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


2025, 378–389

revised January 2015

Published in Journal of International Money and Finance, 54 (1), 2015, 116-141

Matlab codes [+]

Ponzetto, G. and U. Troiano,

"Social Capital, Government Expenditures, and Growth"


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

revised January 2015

Published in Journal of International Money and Finance, 54 (1), 2015, 116-141

Matlab codes [+]

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

revised January 2015

Published in Journal of International Money and Finance, 54 (1), 2015, 116-141

Matlab codes [+]

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

"The Global Financial Resource Curse"


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

revised January 2015

Published in Journal of International Money and Finance, 54 (1), 2015, 116-141

Matlab codes [+]

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