Recent Publications

K. Greulich, S. Laczó and A. Marcet,

"Pareto-Improving Optimal Capital and Labor Taxes"


Forthcoming in Journal of Political Economy, 2022

Previously circulated as “Capital Misallocation and Secular Stagnation”

Nagy, D.,

"Trade and Urbanization: Evidence from Hungary"


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

Previously circulated as “Capital Misallocation and Secular Stagnation”

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

"Globalization and Political Structure"


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

Previously circulated as “Capital Misallocation and Secular Stagnation”

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

"Reserve Accumulation, Growth and Financial Crises"


Forthcoming in Journal of International Economics, 2022

Previously circulated as “Capital Misallocation and Secular Stagnation”

Nagy, D.,

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


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

Previously circulated as “Capital Misallocation and Secular Stagnation”

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

"Collateral Booms and Information Depletion"


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

Previously circulated as “Capital Misallocation and Secular Stagnation”

Caggese, A. and A. Pérez-Orive,

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


European Economic Review, 2022, 142, article 103987

Previously circulated as “Capital Misallocation and Secular Stagnation”

Galí, J.,

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


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

Previously circulated as “Capital Misallocation and Secular Stagnation”

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

"JUE Insight: The Geography of Pandemic Containment"


Forthcoming in Journal of Urban Economics, 2022

Previously circulated as “Capital Misallocation and Secular Stagnation”

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

Previously circulated as “Capital Misallocation and Secular Stagnation”

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