Recent Publications

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

"Reserve Accumulation, Growth and Financial Crises"


Forthcoming in Journal of International Economics, 2022

Previously circulated as ‘Credit Demand Forever?’ On the Strengths of Bank and Firm Balance-Sheet Channels in Good and Crisis Times’

Nagy, D.,

"Quantitative Economic Geography meets History: Questions, Answers and Challenges"


Regional Science and Urban Economics, 2022, 94, Article 103675

Previously circulated as ‘Credit Demand Forever?’ On the Strengths of Bank and Firm Balance-Sheet Channels in Good and Crisis Times’

Caggese, A. and A. Pérez-Orive,

"How Stimulative are Low Real Interest Rates for Intangible Capital?"


European Economic Review, 2022, 142, article 103987

Previously circulated as ‘Credit Demand Forever?’ On the Strengths of Bank and Firm Balance-Sheet Channels in Good and Crisis Times’

Galí, J.,

"Insider-Outsider Labor Markets, Hysteresis and Monetary Policy"


Journal of Money, Credit and Banking, 2022, 54(S1), 53-88

Previously circulated as ‘Credit Demand Forever?’ On the Strengths of Bank and Firm Balance-Sheet Channels in Good and Crisis Times’

Giannone, E., N. Paixao and X. Pang,

"JUE Insight: The Geography of Pandemic Containment"


Forthcoming in Journal of Urban Economics, 2022

Previously circulated as ‘Credit Demand Forever?’ On the Strengths of Bank and Firm Balance-Sheet Channels in Good and Crisis Times’

A. Innoue and B. Rossi,

"A New Approach to Measuring Economic Policy Shocks, with an Application to Conventional and Unconventional Monetary Policy"


Quantitative Economics, 2021, 12 (4), 1085-1138

Previously circulated as ‘Credit Demand Forever?’ On the Strengths of Bank and Firm Balance-Sheet Channels in Good and Crisis Times’

G. Gancia, G. Ponzetto and J. Ventura,

"Globalization and Political Structure"


Forthcoming in Journal of the European Economic Association, 2021

Previously circulated as ‘Credit Demand Forever?’ On the Strengths of Bank and Firm Balance-Sheet Channels in Good and Crisis Times’

Ghassibe, M.,

"Monetary Policy and Production Networks: An Empirical Investigation"


Journal of Monetary Economics, 2021, 19, 21-39

Previously circulated as ‘Credit Demand Forever?’ On the Strengths of Bank and Firm Balance-Sheet Channels in Good and Crisis Times’

Debortoli, D., R. Nunes and P. Yared,

"The Commitment Benefit of Consols in Government Debt Management"


Forthcoming in American Economic Review: Insights, 2021

Previously circulated as ‘Credit Demand Forever?’ On the Strengths of Bank and Firm Balance-Sheet Channels in Good and Crisis Times’

Eeckhout, J. and X. Weng,

"Assortative Learning"


Forthcoming in Econometrica-Centennial Issue, 2021

Previously circulated as ‘Credit Demand Forever?’ On the Strengths of Bank and Firm Balance-Sheet Channels in Good and Crisis Times’

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