CREI – Centre de Recerca en Economia Internacional

Recent Publications

Fornaro, L. and V. Guerrieri,

"Monetary Policy for the Green Transition"

2026

revised August 2008

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

Fornaro, L. and M. Wolf,

"Tariffs and Technological Hegemony"

Forthcoming in IMF Economic Review, 2026

revised August 2008

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

Nagy, D., R. Juhász, C. Steinwender and W. F. Wong,

"Ports, technology and inter-city trade: The economics and geopolitics of evolving maritime transport networks"

Forthcoming in Regional Science and Urban Economics, 2026

revised August 2008

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

Martin, A.,

"Comments on “Financial Repression and the Currency Market under Sanctions” by O. Itskhoki and D. Mukhin"

Forthcoming in Economic Policy, 2026

revised August 2008

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

Fornaro, L. and F. Romei,

"Monetary Cooperation during Global Inflation Surges"

American Economic Review, 2026, 116 (1), 164-188

revised August 2008

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

Debortoli, D., M. Forni, L. Gambetti and L. Sala,

"Nonlinear Monetary Policy Tradeoffs"

Forthcoming in The Economic Journal, 2025

revised August 2008

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

Fornaro, L.,

"Fiscal Stimulus with Supply Constraints"

IMF Economic Review, 2025, 73, 708-732

revised August 2008

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

Mathieu Taschereau-Dumouchel and E. Schaal,

"Coordinating Business Cycles"

Journal of Monetary Economics, 2025, 155, article 103829

revised August 2008

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

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

"Monetary Policy and Endogenous Financial Crises"

Forthcoming in The Review of Economic Studies, 2025

revised August 2008

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

Debortoli, D. and J. Galí,

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Recent Publications

"Monetary Policy for the Green Transition"

2026

revised August 2008 Previously circulated as: Endogenous Credit Cycles and Financial Dampening in an Adverse Selection Economy, January 2005

"Tariffs and Technological Hegemony"

Forthcoming in IMF Economic Review, 2026

revised August 2008 Previously circulated as: Endogenous Credit Cycles and Financial Dampening in an Adverse Selection Economy, January 2005

"Ports, technology and inter-city trade: The economics and geopolitics of evolving maritime transport networks"

Forthcoming in Regional Science and Urban Economics, 2026

revised August 2008 Previously circulated as: Endogenous Credit Cycles and Financial Dampening in an Adverse Selection Economy, January 2005

"Comments on “Financial Repression and the Currency Market under Sanctions” by O. Itskhoki and D. Mukhin"

Forthcoming in Economic Policy, 2026

revised August 2008 Previously circulated as: Endogenous Credit Cycles and Financial Dampening in an Adverse Selection Economy, January 2005

"Monetary Cooperation during Global Inflation Surges"

American Economic Review, 2026, 116 (1), 164-188

revised August 2008 Previously circulated as: Endogenous Credit Cycles and Financial Dampening in an Adverse Selection Economy, January 2005

"Nonlinear Monetary Policy Tradeoffs"

Forthcoming in The Economic Journal, 2025

revised August 2008 Previously circulated as: Endogenous Credit Cycles and Financial Dampening in an Adverse Selection Economy, January 2005

"Fiscal Stimulus with Supply Constraints"

IMF Economic Review, 2025, 73, 708-732

revised August 2008 Previously circulated as: Endogenous Credit Cycles and Financial Dampening in an Adverse Selection Economy, January 2005

"Coordinating Business Cycles"

Journal of Monetary Economics, 2025, 155, article 103829

revised August 2008 Previously circulated as: Endogenous Credit Cycles and Financial Dampening in an Adverse Selection Economy, January 2005

"Monetary Policy and Endogenous Financial Crises"

Forthcoming in The Review of Economic Studies, 2025

revised August 2008 Previously circulated as: Endogenous Credit Cycles and Financial Dampening in an Adverse Selection Economy, January 2005

"Heterogeneity and Aggregate Fluctuations: Insights from TANK Models"

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

revised August 2008 Previously circulated as: Endogenous Credit Cycles and Financial Dampening in an Adverse Selection Economy, January 2005

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revised August 2008

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

revised August 2008

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

revised August 2008

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

revised August 2008

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

revised August 2008

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

revised August 2008

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

revised August 2008

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

revised August 2008

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

revised August 2008

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

revised August 2008

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