Recent Publications

Fornaro, L. and F. Romei,

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


Forthcoming in 2025

First draft November 2008

Previously circulated as “Heterogeneous Information and Trade Policy”

Ponzetto, G. and U. Troiano,

"Social Capital, Government Expenditures, and Growth"


Journal of the European Economic Association, 2025, 23 (2), 632-681

First draft November 2008

Previously circulated as “Heterogeneous Information and Trade Policy”

Broner, F., A. Martin, C. Trebesch, J. Meyer and J. Zhou Wu,

"Hegemony and International Alignment"


Forthcoming in American Economic Association: Papers & Proceedings, 2025

First draft November 2008

Previously circulated as “Heterogeneous Information and Trade Policy”

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

First draft November 2008

Previously circulated as “Heterogeneous Information and Trade Policy”

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

"The Global Financial Resource Curse"


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

First draft November 2008

Previously circulated as “Heterogeneous Information and Trade Policy”

L. Althoff and H. Reichardt,

"Jim Crow and Black Economic Progress After Slavery"


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

First draft November 2008

Previously circulated as “Heterogeneous Information and Trade Policy”

Galí, J. and D. Debortoli,

"Idiosyncratic Income Risk and Aggregate Fluctuations"


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

First draft November 2008

Previously circulated as “Heterogeneous Information and Trade Policy”

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

"All Aboard: The Effects of Port Development"


Journal of International Economics, 2024, Volume 151, 103963

First draft November 2008

Previously circulated as “Heterogeneous Information and Trade Policy”

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

First draft November 2008

Previously circulated as “Heterogeneous Information and Trade Policy”

Baley, I., Lars Ljungqvist and Thomas J. Sargent,

"Returns to labour mobility"


The Economic Journal, 2024, 135, 430–454

First draft November 2008

Previously circulated as “Heterogeneous Information and Trade Policy”

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