Recent Publications

Martin, A.,

"Comments on “Financial Repression and the Currency Market under Sanctions” by O. Itskhoki and D. Mukhin"


Forthcoming in Economic Policy, 2026

revised April 2015
earlier version: "Firm Dynamics and the Granular Hypothesis"

Fornaro, L. and F. Romei,

"Monetary Cooperation during Global Inflation Surges"


American Economic Review, 2026, 116 (1), 164-188

revised April 2015
earlier version: "Firm Dynamics and the Granular Hypothesis"

Debortoli, D., M. Forni, L. Gambetti and L. Sala,

"Nonlinear Monetary Policy Tradeoffs"


Forthcoming in The Economic Journal, 2025

revised April 2015
earlier version: "Firm Dynamics and the Granular Hypothesis"

Fornaro, L.,

"Fiscal Stimulus with Supply Constraints"


Forthcoming in IMF Economic Review, 2025

revised April 2015
earlier version: "Firm Dynamics and the Granular Hypothesis"

Mathieu Taschereau-Dumouchel and E. Schaal,

"Coordinating Business Cycles"


Journal of Monetary Economics, 2025, 155, article 103829

revised April 2015
earlier version: "Firm Dynamics and the Granular Hypothesis"

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

"Monetary Policy and Endogenous Financial Crises"


Forthcoming in The Review of Economic Studies, 2025

revised April 2015
earlier version: "Firm Dynamics and the Granular Hypothesis"

Debortoli, D. and J. Galí,

"Heterogeneity and Aggregate Fluctuations: Insights from TANK Models"


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

revised April 2015
earlier version: "Firm Dynamics and the Granular Hypothesis"

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 April 2015
earlier version: "Firm Dynamics and the Granular Hypothesis"

Fornaro, L. and F. Romei,

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


2025, 378–389

revised April 2015
earlier version: "Firm Dynamics and the Granular Hypothesis"

Ponzetto, G. and U. Troiano,

"Social Capital, Government Expenditures, and Growth"


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

revised April 2015
earlier version: "Firm Dynamics and the Granular Hypothesis"

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