Recent Publications

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

"Monetary Policy and Endogenous Financial Crises"


Forthcoming in The Review of Economic Studies, 2025

Published in Handbook of Economic Growth, P. Aghion and S. Durlauf (eds.), vol 1A, 2005, Amsterdam: Elsevier, ISBN: 978-0-444-52041-8.

Debortoli, D. and J. Galí,

"Heterogeneity and Aggregate Fluctuations: Insights from TANK Models"


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

Published in Handbook of Economic Growth, P. Aghion and S. Durlauf (eds.), vol 1A, 2005, Amsterdam: Elsevier, ISBN: 978-0-444-52041-8.

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

Published in Handbook of Economic Growth, P. Aghion and S. Durlauf (eds.), vol 1A, 2005, Amsterdam: Elsevier, ISBN: 978-0-444-52041-8.

Fornaro, L. and F. Romei,

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


Forthcoming in 2025

Published in Handbook of Economic Growth, P. Aghion and S. Durlauf (eds.), vol 1A, 2005, Amsterdam: Elsevier, ISBN: 978-0-444-52041-8.

Ponzetto, G. and U. Troiano,

"Social Capital, Government Expenditures, and Growth"


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

Published in Handbook of Economic Growth, P. Aghion and S. Durlauf (eds.), vol 1A, 2005, Amsterdam: Elsevier, ISBN: 978-0-444-52041-8.

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

"Hegemony and International Alignment"


American Economic Association: Papers & Proceedings, 2025, 115, 593-598

Published in Handbook of Economic Growth, P. Aghion and S. Durlauf (eds.), vol 1A, 2005, Amsterdam: Elsevier, ISBN: 978-0-444-52041-8.

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

"The Global Financial Resource Curse"


American Economic Review, 2025, 115 (1), 220-262

Published in Handbook of Economic Growth, P. Aghion and S. Durlauf (eds.), vol 1A, 2005, Amsterdam: Elsevier, ISBN: 978-0-444-52041-8.

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

Published in Handbook of Economic Growth, P. Aghion and S. Durlauf (eds.), vol 1A, 2005, Amsterdam: Elsevier, ISBN: 978-0-444-52041-8.

L. Althoff and H. Reichardt,

"Jim Crow and Black Economic Progress After Slavery"


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

Published in Handbook of Economic Growth, P. Aghion and S. Durlauf (eds.), vol 1A, 2005, Amsterdam: Elsevier, ISBN: 978-0-444-52041-8.

Galí, J. and D. Debortoli,

"Idiosyncratic Income Risk and Aggregate Fluctuations"


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

Published in Handbook of Economic Growth, P. Aghion and S. Durlauf (eds.), vol 1A, 2005, Amsterdam: Elsevier, ISBN: 978-0-444-52041-8.

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