Recent Publications

Debortoli, D., M. Forni, L. Gambetti and L. Sala,

"Nonlinear Monetary Policy Tradeoffs"


Forthcoming in The Economic Journal, 2025

revised December 2005

Published in R. Clarida (eds.), G7 Current Account Imbalances: Sustainability and Adjustment, The University of Chicago Press, 2007, 457-495

Fornaro, L. and F. Romei,

"Monetary Cooperation during Global Inflation Surges"


Forthcoming in American Economic Review, 2025

revised December 2005

Published in R. Clarida (eds.), G7 Current Account Imbalances: Sustainability and Adjustment, The University of Chicago Press, 2007, 457-495

Fornaro, L.,

"Fiscal Stimulus with Supply Constraints"


Forthcoming in IMF Economic Review, 2025

revised December 2005

Published in R. Clarida (eds.), G7 Current Account Imbalances: Sustainability and Adjustment, The University of Chicago Press, 2007, 457-495

Mathieu Taschereau-Dumouchel and E. Schaal,

"Coordinating Business Cycles"


Journal of Monetary Economics, 2025, article 103829

revised December 2005

Published in R. Clarida (eds.), G7 Current Account Imbalances: Sustainability and Adjustment, The University of Chicago Press, 2007, 457-495

F. Boissay, F. Collard, J. Galí and C. Manea,

"Monetary Policy and Endogenous Financial Crises"


Forthcoming in The Review of Economic Studies, 2025

revised December 2005

Published in R. Clarida (eds.), G7 Current Account Imbalances: Sustainability and Adjustment, The University of Chicago Press, 2007, 457-495

Debortoli, D. and J. Galí,

"Heterogeneity and Aggregate Fluctuations: Insights from TANK Models"


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

revised December 2005

Published in R. Clarida (eds.), G7 Current Account Imbalances: Sustainability and Adjustment, The University of Chicago Press, 2007, 457-495

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 December 2005

Published in R. Clarida (eds.), G7 Current Account Imbalances: Sustainability and Adjustment, The University of Chicago Press, 2007, 457-495

Fornaro, L. and F. Romei,

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


2025, 378–389

revised December 2005

Published in R. Clarida (eds.), G7 Current Account Imbalances: Sustainability and Adjustment, The University of Chicago Press, 2007, 457-495

Ponzetto, G. and U. Troiano,

"Social Capital, Government Expenditures, and Growth"


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

revised December 2005

Published in R. Clarida (eds.), G7 Current Account Imbalances: Sustainability and Adjustment, The University of Chicago Press, 2007, 457-495

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 December 2005

Published in R. Clarida (eds.), G7 Current Account Imbalances: Sustainability and Adjustment, The University of Chicago Press, 2007, 457-495

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