Recent Publications

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

"Exploring European Regional Trade"


Forthcoming in Journal of International Economics, 2023

Previously circulated as “The Effects of Conventional and Unconventional Monetary Policy: A New Approach”

Published in Quantitative Economics, 12 (4), 2021, 1085-1138.

Nagy, D.,

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


Forthcoming in The Review of Economic Studies, 2023

Previously circulated as “The Effects of Conventional and Unconventional Monetary Policy: A New Approach”

Published in Quantitative Economics, 12 (4), 2021, 1085-1138.

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, 2023

Previously circulated as “The Effects of Conventional and Unconventional Monetary Policy: A New Approach”

Published in Quantitative Economics, 12 (4), 2021, 1085-1138.

Asriyan, V. and V. Vanasco,

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


Forthcoming in The Review of Economic Studies, 2023

Previously circulated as “The Effects of Conventional and Unconventional Monetary Policy: A New Approach”

Published in Quantitative Economics, 12 (4), 2021, 1085-1138.

K. Greulich, S. Laczó and A. Marcet,

"Pareto-Improving Optimal Capital and Labor Taxes"


Forthcoming in Journal of Political Economy, 2023

Previously circulated as “The Effects of Conventional and Unconventional Monetary Policy: A New Approach”

Published in Quantitative Economics, 12 (4), 2021, 1085-1138.

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

"Reserve Accumulation, Growth and Financial Crises"


Journal of International Economics, 2022, 139, article 103660

Previously circulated as “The Effects of Conventional and Unconventional Monetary Policy: A New Approach”

Published in Quantitative Economics, 12 (4), 2021, 1085-1138.

Ghassibe, M. and F. Zanetti,

"State Dependence of Fiscal Multipliers: The Source of Fluctuations Matters"


Journal of Monetary Economics, 2022, 132, 1-23

Previously circulated as “The Effects of Conventional and Unconventional Monetary Policy: A New Approach”

Published in Quantitative Economics, 12 (4), 2021, 1085-1138.

Nagy, D.,

"Trade and Urbanization: Evidence from Hungary"


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

Previously circulated as “The Effects of Conventional and Unconventional Monetary Policy: A New Approach”

Published in Quantitative Economics, 12 (4), 2021, 1085-1138.

Fornaro, L.,

"A Theory of Monetary Union and Financial Integration"


The Review of Economic Studies, 2022, 89 (4), 1911-1947

Previously circulated as “The Effects of Conventional and Unconventional Monetary Policy: A New Approach”

Published in Quantitative Economics, 12 (4), 2021, 1085-1138.

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

"Globalization and Political Structure"


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

Previously circulated as “The Effects of Conventional and Unconventional Monetary Policy: A New Approach”

Published in Quantitative Economics, 12 (4), 2021, 1085-1138.

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