Recent Publications

Jeenas, P. and R. Lagos,

"Q-Monetary Transmission"


Forthcoming in Journal of Political Economy, 2024

revised June 2011

CEPR WP # 17113

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

J. Díaz-Saavedra, R. Marimon and J. Brogueira de Sousa,

"A Worker’s Backpack as Alternative to the Spanish PAYG Pension System"


Journal of the European Economic Association, 2023, 21 (5), 1944-1993

revised June 2011

CEPR WP # 17113

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

Galí, J., R. Billi and A. Nakov,

"Optimal Monetary Policy with r*< 0"


Forthcoming in Journal of Monetary Economics, 2023

revised June 2011

CEPR WP # 17113

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

Broner, F., T. Didier, S. Schmukler and G. von Peter,

"Bilateral International Investments: The Big Sur?"


Journal of International Economics, 2023, 145, article 103795

revised June 2011

CEPR WP # 17113

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

Schaal, E. and Mathieu Taschereau-Dumouchel,

"Herding through booms and busts*"


Journal of Economic Theory, 2023, 210, 105669

revised June 2011

CEPR WP # 17113

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

Galí, J. and D. Debortoli,

"Idiosyncratic Income Risk and Aggregate Fluctuations"


Forthcoming in American Economic Journal: Macroeconomics, 2023

revised June 2011

CEPR WP # 17113

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

Fornaro, L. and M. Wolf,

"The Scars of Supply Shocks"


Journal of Monetary Economics, 2023, 140, 18-36

revised June 2011

CEPR WP # 17113

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

Asriyan, V. and V. Vanasco,

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


The Review of Economic Studies, 2023, 00, 1-30

revised June 2011

CEPR WP # 17113

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

M. Santamaría, J. Ventura and U. Yeşilbayraktar,

"Exploring European Regional Trade"


Forthcoming in Journal of International Economics, 2023

revised June 2011

CEPR WP # 17113

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

Nagy, D.,

"Hinterlands, city formation and growth: Evidence from the U.S. westward expansion"


The Review of Economic Studies, 2023, 90(6), 3238-3281

revised June 2011

CEPR WP # 17113

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

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