Recent Publications

Fornaro, L. and F. Romei,

"Monetary Cooperation during Global Inflation Surges"


Forthcoming in American Economic Review, 2025

revised October 2005
Earlier version available as "Indicator Accuracy and Monetary Policy: Is Ignorance a Bliss?", Sveriges Riksbank Working Paper Series # 157

Fornaro, L.,

"Fiscal Stimulus with Supply Constraints"


Forthcoming in IMF Economic Review, 2025

revised October 2005
Earlier version available as "Indicator Accuracy and Monetary Policy: Is Ignorance a Bliss?", Sveriges Riksbank Working Paper Series # 157

Mathieu Taschereau-Dumouchel and E. Schaal,

"Coordinating Business Cycles"


Journal of Monetary Economics, 2025, article 103829

revised October 2005
Earlier version available as "Indicator Accuracy and Monetary Policy: Is Ignorance a Bliss?", Sveriges Riksbank Working Paper Series # 157

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

"Monetary Policy and Endogenous Financial Crises"


Forthcoming in The Review of Economic Studies, 2025

revised October 2005
Earlier version available as "Indicator Accuracy and Monetary Policy: Is Ignorance a Bliss?", Sveriges Riksbank Working Paper Series # 157

Debortoli, D. and J. Galí,

"Heterogeneity and Aggregate Fluctuations: Insights from TANK Models"


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

revised October 2005
Earlier version available as "Indicator Accuracy and Monetary Policy: Is Ignorance a Bliss?", Sveriges Riksbank Working Paper Series # 157

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

revised October 2005
Earlier version available as "Indicator Accuracy and Monetary Policy: Is Ignorance a Bliss?", Sveriges Riksbank Working Paper Series # 157

Fornaro, L. and F. Romei,

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


2025, 378–389

revised October 2005
Earlier version available as "Indicator Accuracy and Monetary Policy: Is Ignorance a Bliss?", Sveriges Riksbank Working Paper Series # 157

Ponzetto, G. and U. Troiano,

"Social Capital, Government Expenditures, and Growth"


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

revised October 2005
Earlier version available as "Indicator Accuracy and Monetary Policy: Is Ignorance a Bliss?", Sveriges Riksbank Working Paper Series # 157

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

revised October 2005
Earlier version available as "Indicator Accuracy and Monetary Policy: Is Ignorance a Bliss?", Sveriges Riksbank Working Paper Series # 157

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

"The Global Financial Resource Curse"


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

revised October 2005
Earlier version available as "Indicator Accuracy and Monetary Policy: Is Ignorance a Bliss?", Sveriges Riksbank Working Paper Series # 157

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