Recent Publications

A. Abraham, E. Cárceles, R. Marimon and Y. Liu,

"On the Optimal Design of a Financial Stability Fund"


Forthcoming in The Review of Economic Studies, 2025

Read a non-technical summary on VOXEU
Published in Review of Economic Studies, 89 (2), 2022, 517–555

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

"The Global Financial Resource Curse"


American Economic Review, 2024, 115 (1), 220-262

Read a non-technical summary on VOXEU
Published in Review of Economic Studies, 89 (2), 2022, 517–555

L. Althoff and H. Reichardt,

"Jim Crow and Black Economic Progress After Slavery"


Quarterly Journal of Economics, 2024, 139 (4), 2279-2330

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

Galí, J. and D. Debortoli,

"Idiosyncratic Income Risk and Aggregate Fluctuations"


American Economic Journal: Macroeconomics, 2024, 16(4), 279–310

Read a non-technical summary on VOXEU
Published in Review of Economic Studies, 89 (2), 2022, 517–555

Ponzetto, G. and U. Troiano,

"Social Capital, Government Expenditures, and Growth"


Forthcoming in Journal of the European Economic Association, 2024

Read a non-technical summary on VOXEU
Published in Review of Economic Studies, 89 (2), 2022, 517–555

Asriyan, V. and V. Vanasco,

"Security Design in Non-Exclusive Markets with Asymmetric Information"


The Review of Economic Studies, 2024, 91/2, 690–719

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

Asriyan, V., L. Laeven, A. Martin, A. Van der Ghote and V. Vanasco,

"Falling Interest Rates and Credit Reallocation: Lessons from General Equilibrium"


Forthcoming in The Review of Economic Studies, 2024

Read a non-technical summary on VOXEU
Published in Review of Economic Studies, 89 (2), 2022, 517–555

Nagy, D., C. Ducruet, R. Juhász and C. Steinwender,

"All Aboard: The Effects of Port Development"


Forthcoming in Journal of International Economics, 2024

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

Galí, J., R. Billi and A. Nakov,

"Optimal Monetary Policy with r*< 0"


Journal of Monetary Economics, 2024, 142, article 103518

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

Jeenas, P. and R. Lagos,

"Q-Monetary Transmission"


Journal of Political Economy, 2024, 132 (3), 971-1012

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

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