Recent Publications

K. Greulich, S. Laczó and A. Marcet,

"Pareto-Improving Optimal Capital and Labor Taxes"


Forthcoming in Journal of Political Economy, 2022

Published in Journal of Monetary Economics, 115, 2020, 162-179. DOI. Open Access.
Previously circulated as ‘Local Versus Aggregate Lending Channels: The Effects of Securitization on Corporate Credit Supply in Spain’
This is an open access article distributed under the terms of the Creative Commons CC BY license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited. You are not required to obtain permission to reuse this article.

Nagy, D.,

"Trade and Urbanization: Evidence from Hungary"


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

Published in Journal of Monetary Economics, 115, 2020, 162-179. DOI. Open Access.
Previously circulated as ‘Local Versus Aggregate Lending Channels: The Effects of Securitization on Corporate Credit Supply in Spain’
This is an open access article distributed under the terms of the Creative Commons CC BY license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited. You are not required to obtain permission to reuse this article.

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

"Globalization and Political Structure"


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

Published in Journal of Monetary Economics, 115, 2020, 162-179. DOI. Open Access.
Previously circulated as ‘Local Versus Aggregate Lending Channels: The Effects of Securitization on Corporate Credit Supply in Spain’
This is an open access article distributed under the terms of the Creative Commons CC BY license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited. You are not required to obtain permission to reuse this article.

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

"Reserve Accumulation, Growth and Financial Crises"


Forthcoming in Journal of International Economics, 2022

Published in Journal of Monetary Economics, 115, 2020, 162-179. DOI. Open Access.
Previously circulated as ‘Local Versus Aggregate Lending Channels: The Effects of Securitization on Corporate Credit Supply in Spain’
This is an open access article distributed under the terms of the Creative Commons CC BY license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited. You are not required to obtain permission to reuse this article.

Nagy, D.,

"Quantitative Economic Geography meets History: Questions, Answers and Challenges"


Regional Science and Urban Economics, 2022, 94, Article 103675

Published in Journal of Monetary Economics, 115, 2020, 162-179. DOI. Open Access.
Previously circulated as ‘Local Versus Aggregate Lending Channels: The Effects of Securitization on Corporate Credit Supply in Spain’
This is an open access article distributed under the terms of the Creative Commons CC BY license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited. You are not required to obtain permission to reuse this article.

Asriyan, V., L. Laeven and A. Martin,

"Collateral Booms and Information Depletion"


The Review of Economic Studies, 2022, 89 (2), 517–555

Published in Journal of Monetary Economics, 115, 2020, 162-179. DOI. Open Access.
Previously circulated as ‘Local Versus Aggregate Lending Channels: The Effects of Securitization on Corporate Credit Supply in Spain’
This is an open access article distributed under the terms of the Creative Commons CC BY license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited. You are not required to obtain permission to reuse this article.

Caggese, A. and A. Pérez-Orive,

"How Stimulative are Low Real Interest Rates for Intangible Capital?"


European Economic Review, 2022, 142, article 103987

Published in Journal of Monetary Economics, 115, 2020, 162-179. DOI. Open Access.
Previously circulated as ‘Local Versus Aggregate Lending Channels: The Effects of Securitization on Corporate Credit Supply in Spain’
This is an open access article distributed under the terms of the Creative Commons CC BY license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited. You are not required to obtain permission to reuse this article.

Galí, J.,

"Insider-Outsider Labor Markets, Hysteresis and Monetary Policy"


Journal of Money, Credit and Banking, 2022, 54(S1), 53-88

Published in Journal of Monetary Economics, 115, 2020, 162-179. DOI. Open Access.
Previously circulated as ‘Local Versus Aggregate Lending Channels: The Effects of Securitization on Corporate Credit Supply in Spain’
This is an open access article distributed under the terms of the Creative Commons CC BY license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited. You are not required to obtain permission to reuse this article.

Giannone, E., N. Paixao and X. Pang,

"JUE Insight: The Geography of Pandemic Containment"


Forthcoming in Journal of Urban Economics, 2022

Published in Journal of Monetary Economics, 115, 2020, 162-179. DOI. Open Access.
Previously circulated as ‘Local Versus Aggregate Lending Channels: The Effects of Securitization on Corporate Credit Supply in Spain’
This is an open access article distributed under the terms of the Creative Commons CC BY license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited. You are not required to obtain permission to reuse this article.

A. Innoue and B. Rossi,

"A New Approach to Measuring Economic Policy Shocks, with an Application to Conventional and Unconventional Monetary Policy"


Quantitative Economics, 2021, 12 (4), 1085-1138

Published in Journal of Monetary Economics, 115, 2020, 162-179. DOI. Open Access.
Previously circulated as ‘Local Versus Aggregate Lending Channels: The Effects of Securitization on Corporate Credit Supply in Spain’
This is an open access article distributed under the terms of the Creative Commons CC BY license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited. You are not required to obtain permission to reuse this article.

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