Recent Publications

Fornaro, L. and F. Romei,

"Monetary Cooperation during Global Inflation Surges"


American Economic Review, 2026, 116 (1), 164-188

Revised January 2020

Published in Journal of Financial Economics, 139 (3), 2021, 895-921.

Debortoli, D., M. Forni, L. Gambetti and L. Sala,

"Nonlinear Monetary Policy Tradeoffs"


Forthcoming in The Economic Journal, 2025

Revised January 2020

Published in Journal of Financial Economics, 139 (3), 2021, 895-921.

Fornaro, L.,

"Fiscal Stimulus with Supply Constraints"


Forthcoming in IMF Economic Review, 2025

Revised January 2020

Published in Journal of Financial Economics, 139 (3), 2021, 895-921.

Mathieu Taschereau-Dumouchel and E. Schaal,

"Coordinating Business Cycles"


Journal of Monetary Economics, 2025, 155, article 103829

Revised January 2020

Published in Journal of Financial Economics, 139 (3), 2021, 895-921.

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

"Monetary Policy and Endogenous Financial Crises"


Forthcoming in The Review of Economic Studies, 2025

Revised January 2020

Published in Journal of Financial Economics, 139 (3), 2021, 895-921.

Debortoli, D. and J. Galí,

"Heterogeneity and Aggregate Fluctuations: Insights from TANK Models"


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

Revised January 2020

Published in Journal of Financial Economics, 139 (3), 2021, 895-921.

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

Revised January 2020

Published in Journal of Financial Economics, 139 (3), 2021, 895-921.

Fornaro, L. and F. Romei,

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


2025, 378–389

Revised January 2020

Published in Journal of Financial Economics, 139 (3), 2021, 895-921.

Ponzetto, G. and U. Troiano,

"Social Capital, Government Expenditures, and Growth"


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

Revised January 2020

Published in Journal of Financial Economics, 139 (3), 2021, 895-921.

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

Revised January 2020

Published in Journal of Financial Economics, 139 (3), 2021, 895-921.

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