Recent Publications

L. Althoff and H. ReichardtH. Reichardt,

"Jim Crow and Black Economic Progress After Slavery"


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

Previously circulated as “Structural Transformation, Industrial Specialization, and Endogenous Growth”

Galí, J. and D. Debortoli,

"Idiosyncratic Income Risk and Aggregate Fluctuations"


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

Previously circulated as “Structural Transformation, Industrial Specialization, and Endogenous Growth”

Ponzetto, G. and U. Troiano,

"Social Capital, Government Expenditures, and Growth"


Forthcoming in Journal of the European Economic Association, 2024

Previously circulated as “Structural Transformation, Industrial Specialization, and Endogenous Growth”

Asriyan, V. and V. Vanasco,

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


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

Previously circulated as “Structural Transformation, Industrial Specialization, and Endogenous Growth”

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

Previously circulated as “Structural Transformation, Industrial Specialization, and Endogenous Growth”

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

"All Aboard: The Effects of Port Development"


Forthcoming in Journal of International Economics, 2024

Previously circulated as “Structural Transformation, Industrial Specialization, and Endogenous Growth”

Galí, J., R. Billi and A. Nakov,

"Optimal Monetary Policy with r*< 0"


Journal of Monetary Economics, 2024, 142, article 103518

Previously circulated as “Structural Transformation, Industrial Specialization, and Endogenous Growth”

Jeenas, P. and R. Lagos,

"Q-Monetary Transmission"


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

Previously circulated as “Structural Transformation, Industrial Specialization, and Endogenous Growth”

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

Previously circulated as “Structural Transformation, Industrial Specialization, and Endogenous Growth”

G. Callegari, R. Marimon, A. Wicht and L. Zavalloni,

"On a Lender of Last Resort with a Central Bank and a Stability Fund"


Review of Economic Dynamics, 2023, 50, 106-130

Previously circulated as “Structural Transformation, Industrial Specialization, and Endogenous Growth”

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