Recent Publications

K. Greulich, S. Laczó and A. Marcet,

"Pareto-Improving Optimal Capital and Labor Taxes"


Forthcoming in Journal of Political Economy, 2022

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.,

"Trade and Urbanization: Evidence from Hungary"


American Economic Journal, 2022, 14 (3), 733-790

Revisions requested by the Review of Economic Studies

Previously circulated as “Monetary Union and Financial Integration”

Forthcoming in The Review of Economic Studies

G. Gancia, G. Ponzetto and J. Ventura,

"Globalization and Political Structure"


Journal of the European Economic Association, 2022, 20 (3), 1276-1310

Revisions requested by the Review of Economic Studies

Previously circulated as “Monetary Union and Financial Integration”

Forthcoming in The Review of Economic Studies

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

"Reserve Accumulation, Growth and Financial Crises"


Forthcoming in Journal of International Economics, 2022

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"


Regional Science and Urban Economics, 2022, 94, Article 103675

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., L. Laeven and A. Martin,

"Collateral Booms and Information Depletion"


The Review of Economic Studies, 2022, 89 (2), 517–555

Revisions requested by the Review of Economic Studies

Previously circulated as “Monetary Union and Financial Integration”

Forthcoming in The Review of Economic Studies

Caggese, A. and A. Pérez-Orive,

"How Stimulative are Low Real Interest Rates for Intangible Capital?"


European Economic Review, 2022, 142, article 103987

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.,

"Insider-Outsider Labor Markets, Hysteresis and Monetary Policy"


Journal of Money, Credit and Banking, 2022, 54(S1), 53-88

Revisions requested by the Review of Economic Studies

Previously circulated as “Monetary Union and Financial Integration”

Forthcoming in The Review of Economic Studies

Giannone, E., N. Paixao and X. Pang,

"JUE Insight: The Geography of Pandemic Containment"


Forthcoming in Journal of Urban Economics, 2022

Revisions requested by the Review of Economic Studies

Previously circulated as “Monetary Union and Financial Integration”

Forthcoming in The Review of Economic Studies

A. Innoue and B. Rossi,

"A New Approach to Measuring Economic Policy Shocks, with an Application to Conventional and Unconventional Monetary Policy"


Quantitative Economics, 2021, 12 (4), 1085-1138

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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