Recent Publications

Broner, F., A. Martin, C. Trebesch, J. Meyer and J. Zhou Wu,

"Hegemony and International Alignment"


Forthcoming in American Economic Association: Papers & Proceedings, 2025

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

A. Abraham, E. Cárceles, R. Marimon and Y. Liu,

"On the Optimal Design of a Financial Stability Fund"


Forthcoming in The Review of Economic Studies, 2025

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

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

"The Global Financial Resource Curse"


American Economic Review, 2024, 115 (1), 220-262

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”.

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

"All Aboard: The Effects of Port Development"


Journal of International Economics, 2024, Volume 151, 103963

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”.

Baley, I., Lars Ljungqvist and Thomas J. Sargent,

"Returns to labour mobility"


The Economic Journal, 2024, 135, 430–454

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”.

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