Recent Publications

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

"Globalization and Political Structure"


Forthcoming in Journal of the European Economic Association, 2021

Journal of Money, Credit and Banking, 2020, 52 (S1): 197-231. DOI.
Special Issue on the 50th year anniversary of the JMCB.
OPEN ACCESS
This is an open access article distributed under the terms of the Creative Commons CC BY license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited. You are not required to obtain permission to reuse this article.
Summaries: VoxEU (2020) · ECB Research Bulletin (April 2020) 

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

"The Commitment Benefit of Consols in Government Debt Management"


Forthcoming in American Economic Review: Insights, 2021

Journal of Money, Credit and Banking, 2020, 52 (S1): 197-231. DOI.
Special Issue on the 50th year anniversary of the JMCB.
OPEN ACCESS
This is an open access article distributed under the terms of the Creative Commons CC BY license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited. You are not required to obtain permission to reuse this article.
Summaries: VoxEU (2020) · ECB Research Bulletin (April 2020) 

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

Journal of Money, Credit and Banking, 2020, 52 (S1): 197-231. DOI.
Special Issue on the 50th year anniversary of the JMCB.
OPEN ACCESS
This is an open access article distributed under the terms of the Creative Commons CC BY license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited. You are not required to obtain permission to reuse this article.
Summaries: VoxEU (2020) · ECB Research Bulletin (April 2020) 

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

Journal of Money, Credit and Banking, 2020, 52 (S1): 197-231. DOI.
Special Issue on the 50th year anniversary of the JMCB.
OPEN ACCESS
This is an open access article distributed under the terms of the Creative Commons CC BY license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited. You are not required to obtain permission to reuse this article.
Summaries: VoxEU (2020) · ECB Research Bulletin (April 2020) 

Fornaro, L.,

"A Theory of Monetary Union and Financial Integration"


Forthcoming in The Review of Economic Studies, 2021

Journal of Money, Credit and Banking, 2020, 52 (S1): 197-231. DOI.
Special Issue on the 50th year anniversary of the JMCB.
OPEN ACCESS
This is an open access article distributed under the terms of the Creative Commons CC BY license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited. You are not required to obtain permission to reuse this article.
Summaries: VoxEU (2020) · ECB Research Bulletin (April 2020) 

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

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


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

Journal of Money, Credit and Banking, 2020, 52 (S1): 197-231. DOI.
Special Issue on the 50th year anniversary of the JMCB.
OPEN ACCESS
This is an open access article distributed under the terms of the Creative Commons CC BY license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited. You are not required to obtain permission to reuse this article.
Summaries: VoxEU (2020) · ECB Research Bulletin (April 2020) 

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

Journal of Money, Credit and Banking, 2020, 52 (S1): 197-231. DOI.
Special Issue on the 50th year anniversary of the JMCB.
OPEN ACCESS
This is an open access article distributed under the terms of the Creative Commons CC BY license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited. You are not required to obtain permission to reuse this article.
Summaries: VoxEU (2020) · ECB Research Bulletin (April 2020) 

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

Journal of Money, Credit and Banking, 2020, 52 (S1): 197-231. DOI.
Special Issue on the 50th year anniversary of the JMCB.
OPEN ACCESS
This is an open access article distributed under the terms of the Creative Commons CC BY license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited. You are not required to obtain permission to reuse this article.
Summaries: VoxEU (2020) · ECB Research Bulletin (April 2020) 

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

Journal of Money, Credit and Banking, 2020, 52 (S1): 197-231. DOI.
Special Issue on the 50th year anniversary of the JMCB.
OPEN ACCESS
This is an open access article distributed under the terms of the Creative Commons CC BY license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited. You are not required to obtain permission to reuse this article.
Summaries: VoxEU (2020) · ECB Research Bulletin (April 2020) 

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

Journal of Money, Credit and Banking, 2020, 52 (S1): 197-231. DOI.
Special Issue on the 50th year anniversary of the JMCB.
OPEN ACCESS
This is an open access article distributed under the terms of the Creative Commons CC BY license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited. You are not required to obtain permission to reuse this article.
Summaries: VoxEU (2020) · ECB Research Bulletin (April 2020) 

Latest News

Board of trustees:

Partnerships: