Recent Publications

Galí, J., P. Andrade, H. Le Bihan and J. Matheron,

"Should the ECB Adjust its Strategy in the Face of a Lower r*?"


Forthcoming in Journal of Economic Dynamics and Control, 2021

Published by L.F. Céspedes and J. Galí (eds.), Fiscal Policy and Macroeconomic Performance, Central Bank of Chile (Santiago de Chile), 2012, 1-21

Nagy, D.,

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


Forthcoming in Regional Science and Urban Economics, 2021

Published by L.F. Céspedes and J. Galí (eds.), Fiscal Policy and Macroeconomic Performance, Central Bank of Chile (Santiago de Chile), 2012, 1-21

di Giovanni, J., S. Kalemi-Özcan, M. Ulu and Y.S. Baskaya,

"International Spillovers and Local Credit Cycles"


Forthcoming in The Review of Economic Studies, 2021

Published by L.F. Céspedes and J. Galí (eds.), Fiscal Policy and Macroeconomic Performance, Central Bank of Chile (Santiago de Chile), 2012, 1-21

Schaal, E., P. Fajgelbaum, A. Khandelwal, W. Kim and C. Mantovani,

"Optimal Lockdown in a Commuting Network"


Forthcoming in American Economic Review: Insights, 2021

Published by L.F. Céspedes and J. Galí (eds.), Fiscal Policy and Macroeconomic Performance, Central Bank of Chile (Santiago de Chile), 2012, 1-21

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

"Collateral Booms and Information Depletion"


Forthcoming in The Review of Economic Studies, 2021

Published by L.F. Céspedes and J. Galí (eds.), Fiscal Policy and Macroeconomic Performance, Central Bank of Chile (Santiago de Chile), 2012, 1-21

Baley, I. and A. Blanco,

"Aggregate Dynamics in Lumpy Economies"


Forthcoming in Econometrica, 2021

Published by L.F. Céspedes and J. Galí (eds.), Fiscal Policy and Macroeconomic Performance, Central Bank of Chile (Santiago de Chile), 2012, 1-21

García-Santana, M., J. Pijoan-Mas and L. Villacorta,

"Investment Demand and Structural Change"


Forthcoming in Econometrica, 2021

Published by L.F. Céspedes and J. Galí (eds.), Fiscal Policy and Macroeconomic Performance, Central Bank of Chile (Santiago de Chile), 2012, 1-21

Rossi, B.,

"Forecasting in the Presence of Instabilities: How Do We Know Whether Models Predict Well and How to Improve Them"


Forthcoming in Journal of Economic Literature, 2021

Published by L.F. Céspedes and J. Galí (eds.), Fiscal Policy and Macroeconomic Performance, Central Bank of Chile (Santiago de Chile), 2012, 1-21

Galí, J.,

"Uncovered Interest Parity, Forward Guidance and the Exchange Rate"


Journal of Money, Credit and Banking, 2021, 52(S2), 465-496

Published by L.F. Céspedes and J. Galí (eds.), Fiscal Policy and Macroeconomic Performance, Central Bank of Chile (Santiago de Chile), 2012, 1-21

Martin, A., F. Broner, L. Pandolfi and T. Williams,

"Winners and Losers from Sovereign Debt Inflows"


Journal of International Economics, 2021, 130, article 103446

Published by L.F. Céspedes and J. Galí (eds.), Fiscal Policy and Macroeconomic Performance, Central Bank of Chile (Santiago de Chile), 2012, 1-21

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