Recent Publications

Ghassibe, M. and F. Zanetti,

"State Dependence of Fiscal Multipliers: The Source of Fluctuations Matters"


Journal of Monetary Economics, 2022, 132, 1-23

ECB Working Paper Series # 474 (as "Calvo Pricing and Imperfect Common Knowledge. A Forward-looking Model of Rational Inflation Inertia")
revised November 2007
Published in Journal of Monetary Economics, 55 (2), 2008, 365-382

K. Greulich, S. Laczó and A. Marcet,

"Pareto-Improving Optimal Capital and Labor Taxes"


Forthcoming in Journal of Political Economy, 2022

ECB Working Paper Series # 474 (as "Calvo Pricing and Imperfect Common Knowledge. A Forward-looking Model of Rational Inflation Inertia")
revised November 2007
Published in Journal of Monetary Economics, 55 (2), 2008, 365-382

Nagy, D.,

"Trade and Urbanization: Evidence from Hungary"


American Economic Journal: Microeconomics, 2022, 14 (3), 733-790

ECB Working Paper Series # 474 (as "Calvo Pricing and Imperfect Common Knowledge. A Forward-looking Model of Rational Inflation Inertia")
revised November 2007
Published in Journal of Monetary Economics, 55 (2), 2008, 365-382

Fornaro, L.,

"A Theory of Monetary Union and Financial Integration"


The Review of Economic Studies, 2022, 89 (4), 1911-1947

ECB Working Paper Series # 474 (as "Calvo Pricing and Imperfect Common Knowledge. A Forward-looking Model of Rational Inflation Inertia")
revised November 2007
Published in Journal of Monetary Economics, 55 (2), 2008, 365-382

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

"Globalization and Political Structure"


Journal of the European Economic Association, 2022, 20 (3), 1276-1310

ECB Working Paper Series # 474 (as "Calvo Pricing and Imperfect Common Knowledge. A Forward-looking Model of Rational Inflation Inertia")
revised November 2007
Published in Journal of Monetary Economics, 55 (2), 2008, 365-382

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

"Reserve Accumulation, Growth and Financial Crises"


Forthcoming in Journal of International Economics, 2022

ECB Working Paper Series # 474 (as "Calvo Pricing and Imperfect Common Knowledge. A Forward-looking Model of Rational Inflation Inertia")
revised November 2007
Published in Journal of Monetary Economics, 55 (2), 2008, 365-382

Nagy, D.,

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


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

ECB Working Paper Series # 474 (as "Calvo Pricing and Imperfect Common Knowledge. A Forward-looking Model of Rational Inflation Inertia")
revised November 2007
Published in Journal of Monetary Economics, 55 (2), 2008, 365-382

Asriyan, V., L. Laeven and A. Martin,

"Collateral Booms and Information Depletion"


The Review of Economic Studies, 2022, 89 (2), 517–555

ECB Working Paper Series # 474 (as "Calvo Pricing and Imperfect Common Knowledge. A Forward-looking Model of Rational Inflation Inertia")
revised November 2007
Published in Journal of Monetary Economics, 55 (2), 2008, 365-382

Caggese, A. and A. Pérez-Orive,

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


European Economic Review, 2022, 142, article 103987

ECB Working Paper Series # 474 (as "Calvo Pricing and Imperfect Common Knowledge. A Forward-looking Model of Rational Inflation Inertia")
revised November 2007
Published in Journal of Monetary Economics, 55 (2), 2008, 365-382

Galí, J.,

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


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

ECB Working Paper Series # 474 (as "Calvo Pricing and Imperfect Common Knowledge. A Forward-looking Model of Rational Inflation Inertia")
revised November 2007
Published in Journal of Monetary Economics, 55 (2), 2008, 365-382

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