Recent Publications

Rossi, B.,

"Identifying and Estimating the Effects of Unconventional Monetary Policy in the Data: How to Do It And What Have We Learned?"


Forthcoming in The Econometrics Journal, 2021

Published in The Great Financial Crisis: Lessons for Financial Stability and Monetary Policy, European Central Bank, 2012, 74-95

G. Ganics, A. Inoue and B. Rossi,

"Confidence Intervals for Bias and Size Distortions in IV and Local Projections-IV Models"


Journal of Business and Economic Statistics, 2021, 39 (1), 307-324

Published in The Great Financial Crisis: Lessons for Financial Stability and Monetary Policy, European Central Bank, 2012, 74-95

Asriyan, V., W. Fuchs and B. Green,

"Aggregation and Design of Information in Asset Markets with Adverse Selection"


Forthcoming in Journal of Economic Theory, 2021

Published in The Great Financial Crisis: Lessons for Financial Stability and Monetary Policy, European Central Bank, 2012, 74-95

Asriyan, V.,

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


Forthcoming in The Review of Economic Studies, 2021

Published in The Great Financial Crisis: Lessons for Financial Stability and Monetary Policy, European Central Bank, 2012, 74-95

Nagy, D., K. Desmet, R. Kopp, S. Kulp, M. Oppenheimer, E. Rossi-Hansberg and B. Strauss,

"Evaluating the Economic Cost of Coastal Flooding"


Forthcoming in American Economic Journal: Macroeconomics, 2021

Published in The Great Financial Crisis: Lessons for Financial Stability and Monetary Policy, European Central Bank, 2012, 74-95

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

"On Public Spending and Economic Unions"


Forthcoming in IMF Economic Review, 2021

Published in The Great Financial Crisis: Lessons for Financial Stability and Monetary Policy, European Central Bank, 2012, 74-95

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, 2021

Published in The Great Financial Crisis: Lessons for Financial Stability and Monetary Policy, European Central Bank, 2012, 74-95

R. Barnichon, D. Debortoli and C. Matthes,

"Understanding the Size of the Government Spending Multiplier: It’s in the Sign"


Forthcoming in The Review of Economic Studies, 2021

Published in The Great Financial Crisis: Lessons for Financial Stability and Monetary Policy, European Central Bank, 2012, 74-95

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 The Great Financial Crisis: Lessons for Financial Stability and Monetary Policy, European Central Bank, 2012, 74-95

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 The Great Financial Crisis: Lessons for Financial Stability and Monetary Policy, European Central Bank, 2012, 74-95

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