Recent Publications

Martin, A.,

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


Forthcoming in Economic Policy, 2026

American Economic Review, 115 (1), 2025, 220-262.

Fornaro, L. and F. Romei,

"Monetary Cooperation during Global Inflation Surges"


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

American Economic Review, 115 (1), 2025, 220-262.

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

"Nonlinear Monetary Policy Tradeoffs"


Forthcoming in The Economic Journal, 2025

American Economic Review, 115 (1), 2025, 220-262.

Fornaro, L.,

"Fiscal Stimulus with Supply Constraints"


Forthcoming in IMF Economic Review, 2025

American Economic Review, 115 (1), 2025, 220-262.

Mathieu Taschereau-Dumouchel and E. Schaal,

"Coordinating Business Cycles"


Journal of Monetary Economics, 2025, 155, article 103829

American Economic Review, 115 (1), 2025, 220-262.

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

"Monetary Policy and Endogenous Financial Crises"


Forthcoming in The Review of Economic Studies, 2025

American Economic Review, 115 (1), 2025, 220-262.

Debortoli, D. and J. Galí,

"Heterogeneity and Aggregate Fluctuations: Insights from TANK Models"


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

American Economic Review, 115 (1), 2025, 220-262.

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

American Economic Review, 115 (1), 2025, 220-262.

Fornaro, L. and F. Romei,

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


2025, 378–389

American Economic Review, 115 (1), 2025, 220-262.

Ponzetto, G. and U. Troiano,

"Social Capital, Government Expenditures, and Growth"


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

American Economic Review, 115 (1), 2025, 220-262.

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