Recent Publications

Debortoli, D., R. Nunes and P. Yared,

"The Commitment Benefit of Consols in Government Debt Management"


Forthcoming in American Economic Review: Insights, 2021

Revisions requested by the Review of Economic Studies

Previously circulated as “Monetary Union and Financial Integration”

Forthcoming in The Review of Economic Studies

Galí, J., G. Giusti and C. N. Noussair,

"Monetary Policy and Asset Price Bubbles: A Laboratory Experiment"


Journal of Economic Dynamics and Control, 2021, 130, 1-15

Revisions requested by the Review of Economic Studies

Previously circulated as “Monetary Union and Financial Integration”

Forthcoming in The Review of Economic Studies

Asriyan, V., D. Foarta and V. Vanasco,

"The Good, the Bad and the Complex: Product Design with Imperfect Information"


Forthcoming in American Economic Journal: Microeconomics, 2021

Revisions requested by the Review of Economic Studies

Previously circulated as “Monetary Union and Financial Integration”

Forthcoming in The Review of Economic Studies

Fornaro, L.,

"A Theory of Monetary Union and Financial Integration"


Forthcoming in The Review of Economic Studies, 2021

Revisions requested by the Review of Economic Studies

Previously circulated as “Monetary Union and Financial Integration”

Forthcoming in The Review of Economic Studies

Debortoli, D., R. Nunes and P. Yared,

"Optimal Fiscal Policy without Commitment: Revisiting Lucas-Stokey"


Journal of Political Economy, 2021, 129(5), 1640-1665

Revisions requested by the Review of Economic Studies

Previously circulated as “Monetary Union and Financial Integration”

Forthcoming in The Review of Economic Studies

Debortoli, D.,

"Comment on “Redesigning EU Fiscal Rules: From Rules to Standards” by O. Blanchard, A. Leandro and J. Zettelmeyer"


Forthcoming in Economic Policy, 2021

Revisions requested by the Review of Economic Studies

Previously circulated as “Monetary Union and Financial Integration”

Forthcoming in The Review of Economic Studies

Martin, A., F. Broner, D. Clancy and A. Erce,

"Fiscal Multipliers and Foreign Holdings of Public Debt"


Forthcoming in The Review of Economic Studies, 2021

Revisions requested by the Review of Economic Studies

Previously circulated as “Monetary Union and Financial Integration”

Forthcoming in The Review of Economic Studies

R. Barnichon, D. Debortoli and C. Matthes,

"Understanding the Size of the Government Spending Multiplier: It’s in the Sign"


Forthcoming in The Review of Economic Studies, 2021

Revisions requested by the Review of Economic Studies

Previously circulated as “Monetary Union and Financial Integration”

Forthcoming in The Review of Economic Studies

Galí, J., P. Andrade, H. Le Bihan and J. Matheron,

"Should the ECB Adjust its Strategy in the Face of a Lower r*?"


Forthcoming in Journal of Economic Dynamics and Control, 2021

Revisions requested by the Review of Economic Studies

Previously circulated as “Monetary Union and Financial Integration”

Forthcoming in The Review of Economic Studies

Nagy, D.,

"Quantitative Economic Geography meets History: Questions, Answers and Challenges"


Forthcoming in Regional Science and Urban Economics, 2021

Revisions requested by the Review of Economic Studies

Previously circulated as “Monetary Union and Financial Integration”

Forthcoming in The Review of Economic Studies

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