Recent Publications

Galí, J., R. Billi and A. Nakov,

"Optimal Monetary Policy with r*< 0"


Forthcoming in Journal of Monetary Economics, 2023

Published by Fisher, Lenza Pill and Reichlin in A. Beyer and L. Reichlin (eds.) The Role of Money: Money and Monetary Policiy in the 21st Century, Proceedings of the 4th ECB Central Bank Conference, European Central Bank, Frankfurt, 2008, 182-189

Broner, F., T. Didier, S. Schmukler and G. von Peter,

"Bilateral International Investments: The Big Sur?"


Forthcoming in Journal of International Economics, 2023

Published by Fisher, Lenza Pill and Reichlin in A. Beyer and L. Reichlin (eds.) The Role of Money: Money and Monetary Policiy in the 21st Century, Proceedings of the 4th ECB Central Bank Conference, European Central Bank, Frankfurt, 2008, 182-189

Schaal, E. and Mathieu Taschereau-Dumouchel,

"Herding through booms and busts*"


Journal of Economic Theory, 2023, 210, 105669

Published by Fisher, Lenza Pill and Reichlin in A. Beyer and L. Reichlin (eds.) The Role of Money: Money and Monetary Policiy in the 21st Century, Proceedings of the 4th ECB Central Bank Conference, European Central Bank, Frankfurt, 2008, 182-189

Fornaro, L.,

"The Scars of Supply Shocks"


Forthcoming in Journal of Monetary Economics, 2023

Published by Fisher, Lenza Pill and Reichlin in A. Beyer and L. Reichlin (eds.) The Role of Money: Money and Monetary Policiy in the 21st Century, Proceedings of the 4th ECB Central Bank Conference, European Central Bank, Frankfurt, 2008, 182-189

Asriyan, V. and V. Vanasco,

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


The Review of Economic Studies, 2023, 00, 1-30

Published by Fisher, Lenza Pill and Reichlin in A. Beyer and L. Reichlin (eds.) The Role of Money: Money and Monetary Policiy in the 21st Century, Proceedings of the 4th ECB Central Bank Conference, European Central Bank, Frankfurt, 2008, 182-189

M. Santamaría, J. Ventura and U. Yeşilbayraktar,

"Exploring European Regional Trade"


Forthcoming in Journal of International Economics, 2023

Published by Fisher, Lenza Pill and Reichlin in A. Beyer and L. Reichlin (eds.) The Role of Money: Money and Monetary Policiy in the 21st Century, Proceedings of the 4th ECB Central Bank Conference, European Central Bank, Frankfurt, 2008, 182-189

Nagy, D.,

"Hinterlands, city formation and growth: Evidence from the U.S. westward expansion"


Forthcoming in The Review of Economic Studies, 2023

Published by Fisher, Lenza Pill and Reichlin in A. Beyer and L. Reichlin (eds.) The Role of Money: Money and Monetary Policiy in the 21st Century, Proceedings of the 4th ECB Central Bank Conference, European Central Bank, Frankfurt, 2008, 182-189

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, 2023

Published by Fisher, Lenza Pill and Reichlin in A. Beyer and L. Reichlin (eds.) The Role of Money: Money and Monetary Policiy in the 21st Century, Proceedings of the 4th ECB Central Bank Conference, European Central Bank, Frankfurt, 2008, 182-189

K. Greulich, S. Laczó and A. Marcet,

"Pareto-Improving Optimal Capital and Labor Taxes"


Forthcoming in Journal of Political Economy, 2023

Published by Fisher, Lenza Pill and Reichlin in A. Beyer and L. Reichlin (eds.) The Role of Money: Money and Monetary Policiy in the 21st Century, Proceedings of the 4th ECB Central Bank Conference, European Central Bank, Frankfurt, 2008, 182-189

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

"Reserve Accumulation, Growth and Financial Crises"


Journal of International Economics, 2022, 139, article 103660

Published by Fisher, Lenza Pill and Reichlin in A. Beyer and L. Reichlin (eds.) The Role of Money: Money and Monetary Policiy in the 21st Century, Proceedings of the 4th ECB Central Bank Conference, European Central Bank, Frankfurt, 2008, 182-189

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