Recent Publications

Asriyan, V., L. Fornaro, A. Martin and J. Ventura,

"Monetary Policy for a Bubbly World"


Forthcoming in The Review of Economic Studies, 2021

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?’

L. Alfaro, M. García-Santana and E. Moral-Benito,

"On the Direct and Indirect Real Effects of Credit Supply Shocks"


Forthcoming in Journal of Financial Economics, 2021

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?’

Monràs, J.,

"Local Adjustment to Immigrant-Driven Labor Supply Shocks"


Forthcoming in Journal of Human Capital, 2021

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. P. Behrer, E. L. Glaeser, G. Ponzetto and A. Shleifer,

"Securing Property Rights"


Forthcoming in Journal of Political Economy, 2021

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?’

Broner, F., A. Martin and J. Ventura,

"On Public Spending and Economic Unions"


Forthcoming in IMF Economic Review, 2021

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?’

Vanasco, V., U. Malmendier and D. Pouzo,

"Investor Experiences and Financial Market Dynamics"


Journal of Financial Economics, 2020, 136(3), 597-622

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?’

Debortoli, D.,

"Comments on “Boosting Fiscal Space: The Roles of GDP-Linked Debt and Longer Maturities” by J. I. Kim and J. D. Ostry"


Forthcoming in Economic Policy, 2020

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?’

R. Billi and J. Galí,

"Gains from Wage Flexibility and the Zero Lower Bound"


Oxford Bulletin of Economics and Statistics, 2020, 82(6), 1239-1261

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.,

"Balance Sheet Channel with Information-Trading Frictions in Secondary Markets"


Forthcoming in The Review of Economic Studies, 2020

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?’

Debortoli, D.,

"Comments on The Fiscal-Monetary Policy Mix in the Euro Area: Challenges at the Zero Lower Bound"


Forthcoming in Economic Policy, 2020

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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