Recent Publications

Fornaro, L. and F. Romei,

"Monetary Cooperation during Global Inflation Surges"


Forthcoming in American Economic Review, 2025

Published in Advances in Economic Theory, edited by M. Dewatripont, L. Hansen, and S. Turnovsky, 3, 2003, 151-197, Cambridge University Press 

Fornaro, L.,

"Fiscal Stimulus with Supply Constraints"


Forthcoming in IMF Economic Review, 2025

Published in Advances in Economic Theory, edited by M. Dewatripont, L. Hansen, and S. Turnovsky, 3, 2003, 151-197, Cambridge University Press 

Mathieu Taschereau-Dumouchel and E. Schaal,

"Coordinating Business Cycles"


Journal of Monetary Economics, 2025, article 103829

Published in Advances in Economic Theory, edited by M. Dewatripont, L. Hansen, and S. Turnovsky, 3, 2003, 151-197, Cambridge University Press 

F. Boissay, F. Collard, J. Galí and C. Manea,

"Monetary Policy and Endogenous Financial Crises"


Forthcoming in The Review of Economic Studies, 2025

Published in Advances in Economic Theory, edited by M. Dewatripont, L. Hansen, and S. Turnovsky, 3, 2003, 151-197, Cambridge University Press 

Debortoli, D. and J. Galí,

"Heterogeneity and Aggregate Fluctuations: Insights from TANK Models"


NBER Macroeconomics Annual, 2025, 39 (1), 307-357

Published in Advances in Economic Theory, edited by M. Dewatripont, L. Hansen, and S. Turnovsky, 3, 2003, 151-197, Cambridge University Press 

Asriyan, V., L. Laeven, A. Martin, A. Van der Ghote and V. Vanasco,

"Falling Interest Rates and Credit Reallocation: Lessons from General Equilibrium"


The Review of Economic Studies, 2025, 92 (4), 2197-2227

Published in Advances in Economic Theory, edited by M. Dewatripont, L. Hansen, and S. Turnovsky, 3, 2003, 151-197, Cambridge University Press 

Fornaro, L. and F. Romei,

"An International Perspective on Inflation during the Covid-19 Recovery"


2025, 378–389

Published in Advances in Economic Theory, edited by M. Dewatripont, L. Hansen, and S. Turnovsky, 3, 2003, 151-197, Cambridge University Press 

Ponzetto, G. and U. Troiano,

"Social Capital, Government Expenditures, and Growth"


Journal of the European Economic Association, 2025, 23 (2), 632-681

Published in Advances in Economic Theory, edited by M. Dewatripont, L. Hansen, and S. Turnovsky, 3, 2003, 151-197, Cambridge University Press 

Broner, F., A. Martin, C. Trebesch, J. Meyer and J. Zhou Wu,

"Hegemony and International Alignment"


American Economic Association: Papers & Proceedings, 2025, 115, 593-598

Published in Advances in Economic Theory, edited by M. Dewatripont, L. Hansen, and S. Turnovsky, 3, 2003, 151-197, Cambridge University Press 

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

"The Global Financial Resource Curse"


American Economic Review, 2025, 115 (1), 220-262

Published in Advances in Economic Theory, edited by M. Dewatripont, L. Hansen, and S. Turnovsky, 3, 2003, 151-197, Cambridge University Press 

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