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

Published in 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) 

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

Published in 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) 

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

"The Global Financial Resource Curse"


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

Published in 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) 

L. Althoff and H. Reichardt,

"Jim Crow and Black Economic Progress After Slavery"


Quarterly Journal of Economics, 2024, 139 (4), 2279-2330

Published in 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. and D. Debortoli,

"Idiosyncratic Income Risk and Aggregate Fluctuations"


American Economic Journal: Macroeconomics, 2024, 16(4), 279–310

Published in 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) 

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

"All Aboard: The Effects of Port Development"


Journal of International Economics, 2024, Volume 151, 103963

Published in 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., 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

Published in 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) 

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

"Returns to labour mobility"


The Economic Journal, 2024, 135, 430–454

Published in 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) 

Ponzetto, G. and U. Troiano,

"Social Capital, Government Expenditures, and Growth"


Forthcoming in Journal of the European Economic Association, 2024

Published in 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. and V. Vanasco,

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


The Review of Economic Studies, 2024, 91(2), 690–719

Published in 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) 

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