Recent Publications

Galí, J. and D. Debortoli,

"Idiosyncratic Income Risk and Aggregate Fluctuations"


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

revised December 2004,

Published in The Review of Economics and Statistics, 87 (4), 2005, 652-663

Ponzetto, G. and U. Troiano,

"Social Capital, Government Expenditures, and Growth"


Forthcoming in Journal of the European Economic Association, 2024

revised December 2004,

Published in The Review of Economics and Statistics, 87 (4), 2005, 652-663

Asriyan, V. and V. Vanasco,

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


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

revised December 2004,

Published in The Review of Economics and Statistics, 87 (4), 2005, 652-663

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

revised December 2004,

Published in The Review of Economics and Statistics, 87 (4), 2005, 652-663

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

"All Aboard: The Effects of Port Development"


Forthcoming in Journal of International Economics, 2024

revised December 2004,

Published in The Review of Economics and Statistics, 87 (4), 2005, 652-663

Galí, J., R. Billi and A. Nakov,

"Optimal Monetary Policy with r*< 0"


Journal of Monetary Economics, 2024, 142, article 103518

revised December 2004,

Published in The Review of Economics and Statistics, 87 (4), 2005, 652-663

Jeenas, P. and R. Lagos,

"Q-Monetary Transmission"


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

revised December 2004,

Published in The Review of Economics and Statistics, 87 (4), 2005, 652-663

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

revised December 2004,

Published in The Review of Economics and Statistics, 87 (4), 2005, 652-663

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

revised December 2004,

Published in The Review of Economics and Statistics, 87 (4), 2005, 652-663

Y. Liu, R. Marimon and A. Wicht,

"Making Sovereign Debt Safe with a Financial Stability Fund"


Journal of International Economics, 2023, 145, article 103834

revised December 2004,

Published in The Review of Economics and Statistics, 87 (4), 2005, 652-663

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