Recent Publications

Fornaro, L. and F. Romei,

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


Forthcoming in 2025

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"


Forthcoming in American Economic Association: Papers & Proceedings, 2025

Revised August 2019

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

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

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, 2024, 115 (1), 220-262

Revised August 2019

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

L. Althoff and H. Reichardt,

"Jim Crow and Black Economic Progress After Slavery"


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

Revised August 2019

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

Galí, J. and D. Debortoli,

"Idiosyncratic Income Risk and Aggregate Fluctuations"


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

Revised August 2019

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

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

"All Aboard: The Effects of Port Development"


Journal of International Economics, 2024, Volume 151, 103963

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"


Forthcoming in The Review of Economic Studies, 2024

Revised August 2019

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

Baley, I., Lars Ljungqvist and Thomas J. Sargent,

"Returns to labour mobility"


The Economic Journal, 2024, 135, 430–454

Revised August 2019

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

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