CREI – Centre de Recerca en Economia Internacional

Recent Publications

Debortoli, D. and J. Galí,

"Heterogeneity and Aggregate Fluctuations: Insights from TANK Models"

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

revised February 2002

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 February 2002

Fornaro, L. and F. Romei,

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

Forthcoming in 2025

revised February 2002

Ponzetto, G. and U. Troiano,

"Social Capital, Government Expenditures, and Growth"

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

revised February 2002

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 February 2002

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

"The Global Financial Resource Curse"

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

revised February 2002

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

revised February 2002

L. Althoff and H. Reichardt,

"Jim Crow and Black Economic Progress After Slavery"

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

revised February 2002

Galí, J. and D. Debortoli,

"Idiosyncratic Income Risk and Aggregate Fluctuations"

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

revised February 2002

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

"All Aboard: The Effects of Port Development"

Journal of International Economics, 2024, Volume 151, 103963

revised February 2002

Upcoming Events

22 Sep

CREI-UPF Macroeconomics Seminar

Alejandro Sabal (Princeton University)
TBC

29 Sep

CREI-UPF Macroeconomics Seminar

Clara Santamaría (Sciences Po)
TBC

06 Oct

CREI-UPF Macroeconomics Seminar

Tishara Garg (MIT)
TBC

Cookie	Duration	Description
_hjAbsoluteSessionInProgress	1 hour	Hotjar sets this cookie to detect a user's first pageview session, which is a True/False flag set by the cookie.
li_gc	6 months	Linkedin set this cookie for storing visitor's consent regarding using cookies for non-essential purposes.
lidc	1 day	LinkedIn sets the lidc cookie to facilitate data center selection.
UserMatchHistory	1 month	LinkedIn sets this cookie for LinkedIn Ads ID syncing.

Cookie	Duration	Description
_gat	1 minute	Google Universal Analytics sets this cookie to restrain request rate and thus limit data collection on high-traffic sites.
AWSALB	7 days	AWSALB is an application load balancer cookie set by Amazon Web Services to map the session to the target.

Cookie	Duration	Description
_ga	1 year 1 month 4 days	Google Analytics sets this cookie to calculate visitor, session and campaign data and track site usage for the site's analytics report. The cookie stores information anonymously and assigns a randomly generated number to recognise unique visitors.
_gid	1 day	Google Analytics sets this cookie to store information on how visitors use a website while also creating an analytics report of the website's performance. Some of the collected data includes the number of visitors, their source, and the pages they visit anonymously.
_hjFirstSeen	1 hour	Hotjar sets this cookie to identify a new user’s first session. It stores the true/false value, indicating whether it was the first time Hotjar saw this user.
_hjSession_*	1 hour	Hotjar sets this cookie to ensure data from subsequent visits to the same site is attributed to the same user ID, which persists in the Hotjar User ID, which is unique to that site.
_hjSessionUser_*	1 year	Hotjar sets this cookie to ensure data from subsequent visits to the same site is attributed to the same user ID, which persists in the Hotjar User ID, which is unique to that site.
AnalyticsSyncHistory	1 month	Linkedin set this cookie to store information about the time a sync took place with the lms_analytics cookie.

Cookie	Duration	Description
bcookie	1 year	LinkedIn sets this cookie from LinkedIn share buttons and ad tags to recognize browser IDs.
bscookie	1 year	LinkedIn sets this cookie to store performed actions on the website.
li_sugr	3 months	LinkedIn sets this cookie to collect user behaviour data to optimise the website and make advertisements on the website more relevant.
test_cookie	15 minutes	doubleclick.net sets this cookie to determine if the user's browser supports cookies.

Cookie	Duration	Description
_hjIncludedInSessionSample_3062403	1 hour	Description is currently not available.
dbpb5zDmgTrLAA1Q6g@@	1 year 1 month 4 days	Description is currently not available.

Recent Publications

"Heterogeneity and Aggregate Fluctuations: Insights from TANK Models"

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

revised February 2002

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

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

revised February 2002

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

Forthcoming in 2025

revised February 2002

"Social Capital, Government Expenditures, and Growth"

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

revised February 2002

"Hegemony and International Alignment"

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

revised February 2002

"The Global Financial Resource Curse"

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

revised February 2002

"On the Optimal Design of a Financial Stability Fund"

Forthcoming in The Review of Economic Studies, 2025

revised February 2002

"Jim Crow and Black Economic Progress After Slavery"

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

revised February 2002

"Idiosyncratic Income Risk and Aggregate Fluctuations"

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

revised February 2002

"All Aboard: The Effects of Port Development"

Journal of International Economics, 2024, Volume 151, 103963

revised February 2002

Latest News

Jordi Galí: “El sector privat és el que ha de generar l’augment de productivitat, imprescindible per fer possible un augment de la renda per càpita” (Interviewed by Focus UPF)

David Nagy: This happened at places where they targeted one industry like Hungary did with car and battery manufacturing (Defacto, in Hungarian)

Teresa Garcia-Milà appointed President of the Cercle d'Economia

Jordi Galí recull el premi Fundació BBVA Fronteres del Coneixement en Economia, Finances i Gestió d'Empreses

Shortcuts

Upcoming Events

Board of trustees:

P:

Partnerships: