Recent Publications

K. Greulich, S. Laczó and A. Marcet,

"Pareto-Improving Optimal Capital and Labor Taxes"


Forthcoming in Journal of Political Economy, 2022

Published in Journal of International Economics, 46 (1), 1998, 133-166 with the title ‘Sources and Propagation of International Output Cycles: Common Shocks or Transmission?’

Nagy, D.,

"Trade and Urbanization: Evidence from Hungary"


American Economic Journal, 2022, 14 (3), 733-790

Published in Journal of International Economics, 46 (1), 1998, 133-166 with the title ‘Sources and Propagation of International Output Cycles: Common Shocks or Transmission?’

G. Gancia, G. Ponzetto and J. Ventura,

"Globalization and Political Structure"


Journal of the European Economic Association, 2022, 20 (3), 1276-1310

Published in Journal of International Economics, 46 (1), 1998, 133-166 with the title ‘Sources and Propagation of International Output Cycles: Common Shocks or Transmission?’

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

"Reserve Accumulation, Growth and Financial Crises"


Forthcoming in Journal of International Economics, 2022

Published in Journal of International Economics, 46 (1), 1998, 133-166 with the title ‘Sources and Propagation of International Output Cycles: Common Shocks or Transmission?’

Nagy, D.,

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


Regional Science and Urban Economics, 2022, 94, Article 103675

Published in Journal of International Economics, 46 (1), 1998, 133-166 with the title ‘Sources and Propagation of International Output Cycles: Common Shocks or Transmission?’

Asriyan, V., L. Laeven and A. Martin,

"Collateral Booms and Information Depletion"


The Review of Economic Studies, 2022, 89 (2), 517–555

Published in Journal of International Economics, 46 (1), 1998, 133-166 with the title ‘Sources and Propagation of International Output Cycles: Common Shocks or Transmission?’

Caggese, A. and A. Pérez-Orive,

"How Stimulative are Low Real Interest Rates for Intangible Capital?"


European Economic Review, 2022, 142, article 103987

Published in Journal of International Economics, 46 (1), 1998, 133-166 with the title ‘Sources and Propagation of International Output Cycles: Common Shocks or Transmission?’

Galí, J.,

"Insider-Outsider Labor Markets, Hysteresis and Monetary Policy"


Journal of Money, Credit and Banking, 2022, 54(S1), 53-88

Published in Journal of International Economics, 46 (1), 1998, 133-166 with the title ‘Sources and Propagation of International Output Cycles: Common Shocks or Transmission?’

Giannone, E., N. Paixao and X. Pang,

"JUE Insight: The Geography of Pandemic Containment"


Forthcoming in Journal of Urban Economics, 2022

Published in Journal of International Economics, 46 (1), 1998, 133-166 with the title ‘Sources and Propagation of International Output Cycles: Common Shocks or Transmission?’

A. Innoue and B. Rossi,

"A New Approach to Measuring Economic Policy Shocks, with an Application to Conventional and Unconventional Monetary Policy"


Quantitative Economics, 2021, 12 (4), 1085-1138

Published in Journal of International Economics, 46 (1), 1998, 133-166 with the title ‘Sources and Propagation of International Output Cycles: Common Shocks or Transmission?’

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