Recent Publications

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

previously circulated as: Measuring the Non-Linear Effects of Monetary Policy, March 2014

revised June 2016

Martin, A.,

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


Forthcoming in Economic Policy, 2026

previously circulated as: Measuring the Non-Linear Effects of Monetary Policy, March 2014

revised June 2016

Fornaro, L. and F. Romei,

"Monetary Cooperation during Global Inflation Surges"


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

previously circulated as: Measuring the Non-Linear Effects of Monetary Policy, March 2014

revised June 2016

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

"Nonlinear Monetary Policy Tradeoffs"


Forthcoming in The Economic Journal, 2025

previously circulated as: Measuring the Non-Linear Effects of Monetary Policy, March 2014

revised June 2016

Fornaro, L.,

"Fiscal Stimulus with Supply Constraints"


Forthcoming in IMF Economic Review, 2025

previously circulated as: Measuring the Non-Linear Effects of Monetary Policy, March 2014

revised June 2016

Mathieu Taschereau-Dumouchel and E. Schaal,

"Coordinating Business Cycles"


Journal of Monetary Economics, 2025, 155, article 103829

previously circulated as: Measuring the Non-Linear Effects of Monetary Policy, March 2014

revised June 2016

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

"Monetary Policy and Endogenous Financial Crises"


Forthcoming in The Review of Economic Studies, 2025

previously circulated as: Measuring the Non-Linear Effects of Monetary Policy, March 2014

revised June 2016

Debortoli, D. and J. Galí,

"Heterogeneity and Aggregate Fluctuations: Insights from TANK Models"


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

previously circulated as: Measuring the Non-Linear Effects of Monetary Policy, March 2014

revised June 2016

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

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


The Review of Economic Studies, 2025, 92 (4), 2197-2227

previously circulated as: Measuring the Non-Linear Effects of Monetary Policy, March 2014

revised June 2016

Fornaro, L. and F. Romei,

"An International Perspective on Inflation during the Covid-19 Recovery"


2025, 378–389

previously circulated as: Measuring the Non-Linear Effects of Monetary Policy, March 2014

revised June 2016

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