Recent Publications

Fornaro, L. and V. Guerrieri,

"Monetary Policy for the Green Transition"


2026

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. and M. Wolf,

"Tariffs and Technological Hegemony"


Forthcoming in IMF Economic Review, 2026

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., R. Juhász, C. Steinwender and W. F. Wong,

"Ports, technology and inter-city trade: The economics and geopolitics of evolving maritime transport networks"


Forthcoming in Regional Science and Urban Economics, 2026

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

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

Martin, A.,

"Comments on “Financial Repression and the Currency Market under Sanctions” by O. Itskhoki and D. Mukhin"


Forthcoming in Economic Policy, 2026

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. and F. Romei,

"Monetary Cooperation during Global Inflation Surges"


American Economic Review, 2026, 116 (1), 164-188

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

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

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

"Nonlinear Monetary Policy Tradeoffs"


Forthcoming in The Economic Journal, 2025

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.,

"Fiscal Stimulus with Supply Constraints"


IMF Economic Review, 2025, 73, 708-732

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

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

Mathieu Taschereau-Dumouchel and E. Schaal,

"Coordinating Business Cycles"


Journal of Monetary Economics, 2025, 155, article 103829

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

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

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

"Monetary Policy and Endogenous Financial Crises"


Forthcoming in The Review of Economic Studies, 2025

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

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

Debortoli, D. and J. Galí,

"Heterogeneity and Aggregate Fluctuations: Insights from TANK Models"


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

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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