Recent Publications

K. Greulich, S. Laczó and A. Marcet,

"Pareto-Improving Optimal Capital and Labor Taxes"


Forthcoming in Journal of Political Economy, 2022

revised August 2008

Previously circulated as: Endogenous Credit Cycles and Financial Dampening in an Adverse Selection Economy, January 2005

Nagy, D.,

"Trade and Urbanization: Evidence from Hungary"


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

revised August 2008

Previously circulated as: Endogenous Credit Cycles and Financial Dampening in an Adverse Selection Economy, January 2005

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

"Globalization and Political Structure"


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

revised August 2008

Previously circulated as: Endogenous Credit Cycles and Financial Dampening in an Adverse Selection Economy, January 2005

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

"Reserve Accumulation, Growth and Financial Crises"


Forthcoming in Journal of International Economics, 2022

revised August 2008

Previously circulated as: Endogenous Credit Cycles and Financial Dampening in an Adverse Selection Economy, January 2005

Nagy, D.,

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


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

revised August 2008

Previously circulated as: Endogenous Credit Cycles and Financial Dampening in an Adverse Selection Economy, January 2005

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

"Collateral Booms and Information Depletion"


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

revised August 2008

Previously circulated as: Endogenous Credit Cycles and Financial Dampening in an Adverse Selection Economy, January 2005

Caggese, A. and A. Pérez-Orive,

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


European Economic Review, 2022, 142, article 103987

revised August 2008

Previously circulated as: Endogenous Credit Cycles and Financial Dampening in an Adverse Selection Economy, January 2005

Galí, J.,

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


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

revised August 2008

Previously circulated as: Endogenous Credit Cycles and Financial Dampening in an Adverse Selection Economy, January 2005

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

"JUE Insight: The Geography of Pandemic Containment"


Forthcoming in Journal of Urban Economics, 2022

revised August 2008

Previously circulated as: Endogenous Credit Cycles and Financial Dampening in an Adverse Selection Economy, January 2005

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

revised August 2008

Previously circulated as: Endogenous Credit Cycles and Financial Dampening in an Adverse Selection Economy, January 2005

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