Recent Publications

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

"The Commitment Benefit of Consols in Government Debt Management"


Forthcoming in American Economic Review: Insights, 2021

revised June 2011

CEPR WP # 17113

Published in The Quarterly Journal of Economics, 127 (3), 2012, 13391392

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

revised June 2011

CEPR WP # 17113

Published in The Quarterly Journal of Economics, 127 (3), 2012, 13391392

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

revised June 2011

CEPR WP # 17113

Published in The Quarterly Journal of Economics, 127 (3), 2012, 13391392

Fornaro, L.,

"A Theory of Monetary Union and Financial Integration"


Forthcoming in The Review of Economic Studies, 2021

revised June 2011

CEPR WP # 17113

Published in The Quarterly Journal of Economics, 127 (3), 2012, 13391392

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

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


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

revised June 2011

CEPR WP # 17113

Published in The Quarterly Journal of Economics, 127 (3), 2012, 13391392

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

revised June 2011

CEPR WP # 17113

Published in The Quarterly Journal of Economics, 127 (3), 2012, 13391392

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

revised June 2011

CEPR WP # 17113

Published in The Quarterly Journal of Economics, 127 (3), 2012, 13391392

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

revised June 2011

CEPR WP # 17113

Published in The Quarterly Journal of Economics, 127 (3), 2012, 13391392

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

revised June 2011

CEPR WP # 17113

Published in The Quarterly Journal of Economics, 127 (3), 2012, 13391392

Nagy, D.,

"Quantitative Economic Geography meets History: Questions, Answers and Challenges"


Forthcoming in Regional Science and Urban Economics, 2021

revised June 2011

CEPR WP # 17113

Published in The Quarterly Journal of Economics, 127 (3), 2012, 13391392

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