Recent Publications

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

"The Global Financial Resource Curse"


Forthcoming in American Economic Review, 2024

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”

Ponzetto, G. and U. Troiano,

"Social Capital, Government Expenditures, and Growth"


Forthcoming in Journal of the European Economic Association, 2024

First draft November 2008

Previously circulated as “Heterogeneous Information and Trade Policy”

Asriyan, V. and V. Vanasco,

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


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

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”

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

"All Aboard: The Effects of Port Development"


Forthcoming in Journal of International Economics, 2024

First draft November 2008

Previously circulated as “Heterogeneous Information and Trade Policy”

Galí, J., R. Billi and A. Nakov,

"Optimal Monetary Policy with r*< 0"


Journal of Monetary Economics, 2024, 142, article 103518

First draft November 2008

Previously circulated as “Heterogeneous Information and Trade Policy”

Jeenas, P. and R. Lagos,

"Q-Monetary Transmission"


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

First draft November 2008

Previously circulated as “Heterogeneous Information and Trade Policy”

J. Díaz-Saavedra, R. Marimon and J. Brogueira de Sousa,

"A Worker’s Backpack as Alternative to the Spanish PAYG Pension System"


Journal of the European Economic Association, 2023, 21 (5), 1944-1993

First draft November 2008

Previously circulated as “Heterogeneous Information and Trade Policy”

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