Recent Publications

Fornaro, L. and F. Romei,

"Monetary Cooperation during Global Inflation Surges"


Forthcoming in American Economic Review, 2025

Revised August 2019

Published in Journal of Business and Economic Statistics, 39 (1), 2021.

Fornaro, L.,

"Fiscal Stimulus with Supply Constraints"


Forthcoming in IMF Economic Review, 2025

Revised August 2019

Published in Journal of Business and Economic Statistics, 39 (1), 2021.

Mathieu Taschereau-Dumouchel and E. Schaal,

"Coordinating Business Cycles"


Journal of Monetary Economics, 2025, article 103829

Revised August 2019

Published in Journal of Business and Economic Statistics, 39 (1), 2021.

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

"Monetary Policy and Endogenous Financial Crises"


Forthcoming in The Review of Economic Studies, 2025

Revised August 2019

Published in Journal of Business and Economic Statistics, 39 (1), 2021.

Debortoli, D. and J. Galí,

"Heterogeneity and Aggregate Fluctuations: Insights from TANK Models"


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

Revised August 2019

Published in Journal of Business and Economic Statistics, 39 (1), 2021.

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 August 2019

Published in Journal of Business and Economic Statistics, 39 (1), 2021.

Fornaro, L. and F. Romei,

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


2025, 378–389

Revised August 2019

Published in Journal of Business and Economic Statistics, 39 (1), 2021.

Ponzetto, G. and U. Troiano,

"Social Capital, Government Expenditures, and Growth"


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

Revised August 2019

Published in Journal of Business and Economic Statistics, 39 (1), 2021.

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 August 2019

Published in Journal of Business and Economic Statistics, 39 (1), 2021.

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

"The Global Financial Resource Curse"


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

Revised August 2019

Published in Journal of Business and Economic Statistics, 39 (1), 2021.

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