Recent Publications

A. Abraham, E. Cárceles, R. Marimon and Y. Liu,

"On the Optimal Design of a Financial Stability Fund"


Forthcoming in The Review of Economic Studies, 2025

revised March 2009 

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

"The Global Financial Resource Curse"


American Economic Review, 2024, 115 (1), 220-262

revised March 2009 

L. Althoff and H. Reichardt,

"Jim Crow and Black Economic Progress After Slavery"


Quarterly Journal of Economics, 2024, 139 (4), 2279-2330

revised March 2009 

Galí, J. and D. Debortoli,

"Idiosyncratic Income Risk and Aggregate Fluctuations"


American Economic Journal: Macroeconomics, 2024, 16(4), 279–310

revised March 2009 

Ponzetto, G. and U. Troiano,

"Social Capital, Government Expenditures, and Growth"


Forthcoming in Journal of the European Economic Association, 2024

revised March 2009 

Asriyan, V. and V. Vanasco,

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


The Review of Economic Studies, 2024, 91/2, 690–719

revised March 2009 

Asriyan, V., L. Laeven, A. Martin, A. Van der Ghote and V. Vanasco,

"Falling Interest Rates and Credit Reallocation: Lessons from General Equilibrium"


Forthcoming in The Review of Economic Studies, 2024

revised March 2009 

Nagy, D., C. Ducruet, R. Juhász and C. Steinwender,

"All Aboard: The Effects of Port Development"


Forthcoming in Journal of International Economics, 2024

revised March 2009 

Galí, J., R. Billi and A. Nakov,

"Optimal Monetary Policy with r*< 0"


Journal of Monetary Economics, 2024, 142, article 103518

revised March 2009 

Jeenas, P. and R. Lagos,

"Q-Monetary Transmission"


Journal of Political Economy, 2024, 132 (3), 971-1012

revised March 2009 

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