Recent Publications

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

"The Global Financial Resource Curse"


Forthcoming in American Economic Review, 2024

Revisions requested by the American Economic Review.
Read a non-technical summary on VoxEU.
Previously circulated as Monetary Policy during Unbalanced Global Recoveries.

L. Althoff and H. Reichardt,

"Jim Crow and Black Economic Progress After Slavery"


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

Revisions requested by the American Economic Review.
Read a non-technical summary on VoxEU.
Previously circulated as Monetary Policy during Unbalanced Global Recoveries.

Galí, J. and D. Debortoli,

"Idiosyncratic Income Risk and Aggregate Fluctuations"


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

Revisions requested by the American Economic Review.
Read a non-technical summary on VoxEU.
Previously circulated as Monetary Policy during Unbalanced Global Recoveries.

Ponzetto, G. and U. Troiano,

"Social Capital, Government Expenditures, and Growth"


Forthcoming in Journal of the European Economic Association, 2024

Revisions requested by the American Economic Review.
Read a non-technical summary on VoxEU.
Previously circulated as Monetary Policy during Unbalanced Global Recoveries.

Asriyan, V. and V. Vanasco,

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


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

Revisions requested by the American Economic Review.
Read a non-technical summary on VoxEU.
Previously circulated as Monetary Policy during Unbalanced Global Recoveries.

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

Revisions requested by the American Economic Review.
Read a non-technical summary on VoxEU.
Previously circulated as Monetary Policy during Unbalanced Global Recoveries.

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

"All Aboard: The Effects of Port Development"


Forthcoming in Journal of International Economics, 2024

Revisions requested by the American Economic Review.
Read a non-technical summary on VoxEU.
Previously circulated as Monetary Policy during Unbalanced Global Recoveries.

Galí, J., R. Billi and A. Nakov,

"Optimal Monetary Policy with r*< 0"


Journal of Monetary Economics, 2024, 142, article 103518

Revisions requested by the American Economic Review.
Read a non-technical summary on VoxEU.
Previously circulated as Monetary Policy during Unbalanced Global Recoveries.

Jeenas, P. and R. Lagos,

"Q-Monetary Transmission"


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

Revisions requested by the American Economic Review.
Read a non-technical summary on VoxEU.
Previously circulated as Monetary Policy during Unbalanced Global Recoveries.

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

Revisions requested by the American Economic Review.
Read a non-technical summary on VoxEU.
Previously circulated as Monetary Policy during Unbalanced Global Recoveries.

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