Recent Publications

A. Abraham, E. Cárceles, R. Marimon and Y. Liu,

"On the Optimal Design of a Financial Stability Fund"


Forthcoming in The Review of Economic Studies, 2025

Journal of International Economics, 146, 2023, article 103747.

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

"The Global Financial Resource Curse"


American Economic Review, 2024, 115 (1), 220-262

Journal of International Economics, 146, 2023, article 103747.

L. Althoff and H. Reichardt,

"Jim Crow and Black Economic Progress After Slavery"


Quarterly Journal of Economics, 2024, 139 (4), 2279-2330

Journal of International Economics, 146, 2023, article 103747.

Galí, J. and D. Debortoli,

"Idiosyncratic Income Risk and Aggregate Fluctuations"


American Economic Journal: Macroeconomics, 2024, 16(4), 279–310

Journal of International Economics, 146, 2023, article 103747.

Ponzetto, G. and U. Troiano,

"Social Capital, Government Expenditures, and Growth"


Forthcoming in Journal of the European Economic Association, 2024

Journal of International Economics, 146, 2023, article 103747.

Asriyan, V. and V. Vanasco,

"Security Design in Non-Exclusive Markets with Asymmetric Information"


The Review of Economic Studies, 2024, 91/2, 690–719

Journal of International Economics, 146, 2023, article 103747.

Asriyan, V., L. Laeven, A. Martin, A. Van der Ghote and V. Vanasco,

"Falling Interest Rates and Credit Reallocation: Lessons from General Equilibrium"


Forthcoming in The Review of Economic Studies, 2024

Journal of International Economics, 146, 2023, article 103747.

Nagy, D., C. Ducruet, R. Juhász and C. Steinwender,

"All Aboard: The Effects of Port Development"


Forthcoming in Journal of International Economics, 2024

Journal of International Economics, 146, 2023, article 103747.

Galí, J., R. Billi and A. Nakov,

"Optimal Monetary Policy with r*< 0"


Journal of Monetary Economics, 2024, 142, article 103518

Journal of International Economics, 146, 2023, article 103747.

Jeenas, P. and R. Lagos,

"Q-Monetary Transmission"


Journal of Political Economy, 2024, 132 (3), 971-1012

Journal of International Economics, 146, 2023, article 103747.

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