Recent Publications

Asriyan, V., L. Fornaro, A. Martin and J. Ventura,

"Monetary Policy for a Bubbly World"


Forthcoming in The Review of Economic Studies, 2021

[Previously circulated as: ‘Credit Demand Forever?’ On the Strengths of Bank and Firm Balance-Sheet Channels in Good and Crisis Times]
Outreach: Cited in VoxEU (2020) · Central Bank of Ireland Financial Stability Notes no. 2 (2020)

L. Alfaro, M. García-Santana and E. Moral-Benito,

"On the Direct and Indirect Real Effects of Credit Supply Shocks"


Forthcoming in Journal of Financial Economics, 2021

[Previously circulated as: ‘Credit Demand Forever?’ On the Strengths of Bank and Firm Balance-Sheet Channels in Good and Crisis Times]
Outreach: Cited in VoxEU (2020) · Central Bank of Ireland Financial Stability Notes no. 2 (2020)

Monràs, J.,

"Local Adjustment to Immigrant-Driven Labor Supply Shocks"


Forthcoming in Journal of Human Capital, 2021

[Previously circulated as: ‘Credit Demand Forever?’ On the Strengths of Bank and Firm Balance-Sheet Channels in Good and Crisis Times]
Outreach: Cited in VoxEU (2020) · Central Bank of Ireland Financial Stability Notes no. 2 (2020)

A. P. Behrer, E. L. Glaeser, G. Ponzetto and A. Shleifer,

"Securing Property Rights"


Forthcoming in Journal of Political Economy, 2021

[Previously circulated as: ‘Credit Demand Forever?’ On the Strengths of Bank and Firm Balance-Sheet Channels in Good and Crisis Times]
Outreach: Cited in VoxEU (2020) · Central Bank of Ireland Financial Stability Notes no. 2 (2020)

Broner, F., A. Martin and J. Ventura,

"On Public Spending and Economic Unions"


Forthcoming in IMF Economic Review, 2021

[Previously circulated as: ‘Credit Demand Forever?’ On the Strengths of Bank and Firm Balance-Sheet Channels in Good and Crisis Times]
Outreach: Cited in VoxEU (2020) · Central Bank of Ireland Financial Stability Notes no. 2 (2020)

Vanasco, V., U. Malmendier and D. Pouzo,

"Investor Experiences and Financial Market Dynamics"


Journal of Financial Economics, 2020, 136(3), 597-622

[Previously circulated as: ‘Credit Demand Forever?’ On the Strengths of Bank and Firm Balance-Sheet Channels in Good and Crisis Times]
Outreach: Cited in VoxEU (2020) · Central Bank of Ireland Financial Stability Notes no. 2 (2020)

Debortoli, D.,

"Comments on “Boosting Fiscal Space: The Roles of GDP-Linked Debt and Longer Maturities” by J. I. Kim and J. D. Ostry"


Forthcoming in Economic Policy, 2020

[Previously circulated as: ‘Credit Demand Forever?’ On the Strengths of Bank and Firm Balance-Sheet Channels in Good and Crisis Times]
Outreach: Cited in VoxEU (2020) · Central Bank of Ireland Financial Stability Notes no. 2 (2020)

R. Billi and J. Galí,

"Gains from Wage Flexibility and the Zero Lower Bound"


Oxford Bulletin of Economics and Statistics, 2020, 82(6), 1239-1261

[Previously circulated as: ‘Credit Demand Forever?’ On the Strengths of Bank and Firm Balance-Sheet Channels in Good and Crisis Times]
Outreach: Cited in VoxEU (2020) · Central Bank of Ireland Financial Stability Notes no. 2 (2020)

Asriyan, V.,

"Balance Sheet Channel with Information-Trading Frictions in Secondary Markets"


Forthcoming in The Review of Economic Studies, 2020

[Previously circulated as: ‘Credit Demand Forever?’ On the Strengths of Bank and Firm Balance-Sheet Channels in Good and Crisis Times]
Outreach: Cited in VoxEU (2020) · Central Bank of Ireland Financial Stability Notes no. 2 (2020)

Debortoli, D.,

"Comments on The Fiscal-Monetary Policy Mix in the Euro Area: Challenges at the Zero Lower Bound"


Forthcoming in Economic Policy, 2020

[Previously circulated as: ‘Credit Demand Forever?’ On the Strengths of Bank and Firm Balance-Sheet Channels in Good and Crisis Times]
Outreach: Cited in VoxEU (2020) · Central Bank of Ireland Financial Stability Notes no. 2 (2020)

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