Recent Publications

Fornaro, L. and F. Romei,

"Monetary Cooperation during Global Inflation Surges"


Forthcoming in American Economic Review, 2025

First draft July 2015
Previously circulated as: “Contract Innovation and Legal Evolution under Imperfect Enforcement”

Fornaro, L.,

"Fiscal Stimulus with Supply Constraints"


Forthcoming in IMF Economic Review, 2025

First draft July 2015
Previously circulated as: “Contract Innovation and Legal Evolution under Imperfect Enforcement”

Mathieu Taschereau-Dumouchel and E. Schaal,

"Coordinating Business Cycles"


Journal of Monetary Economics, 2025, article 103829

First draft July 2015
Previously circulated as: “Contract Innovation and Legal Evolution under Imperfect Enforcement”

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

"Monetary Policy and Endogenous Financial Crises"


Forthcoming in The Review of Economic Studies, 2025

First draft July 2015
Previously circulated as: “Contract Innovation and Legal Evolution under Imperfect Enforcement”

Debortoli, D. and J. Galí,

"Heterogeneity and Aggregate Fluctuations: Insights from TANK Models"


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

First draft July 2015
Previously circulated as: “Contract Innovation and Legal Evolution under Imperfect Enforcement”

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

First draft July 2015
Previously circulated as: “Contract Innovation and Legal Evolution under Imperfect Enforcement”

Fornaro, L. and F. Romei,

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


2025, 378–389

First draft July 2015
Previously circulated as: “Contract Innovation and Legal Evolution under Imperfect Enforcement”

Ponzetto, G. and U. Troiano,

"Social Capital, Government Expenditures, and Growth"


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

First draft July 2015
Previously circulated as: “Contract Innovation and Legal Evolution under Imperfect Enforcement”

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

First draft July 2015
Previously circulated as: “Contract Innovation and Legal Evolution under Imperfect Enforcement”

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

"The Global Financial Resource Curse"


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

First draft July 2015
Previously circulated as: “Contract Innovation and Legal Evolution under Imperfect Enforcement”

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