Recent Publications

Fornaro, L. and F. Romei,

"Monetary Cooperation during Global Inflation Surges"


Forthcoming in American Economic Review, 2025

Oxford University. Nuffield College. Economic and Social History Working Paper 21

Published in Journal of Economic History, 58 (1), 1998, 29-58

Fornaro, L.,

"Fiscal Stimulus with Supply Constraints"


Forthcoming in IMF Economic Review, 2025

Oxford University. Nuffield College. Economic and Social History Working Paper 21

Published in Journal of Economic History, 58 (1), 1998, 29-58

Mathieu Taschereau-Dumouchel and E. Schaal,

"Coordinating Business Cycles"


Journal of Monetary Economics, 2025, article 103829

Oxford University. Nuffield College. Economic and Social History Working Paper 21

Published in Journal of Economic History, 58 (1), 1998, 29-58

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

"Monetary Policy and Endogenous Financial Crises"


Forthcoming in The Review of Economic Studies, 2025

Oxford University. Nuffield College. Economic and Social History Working Paper 21

Published in Journal of Economic History, 58 (1), 1998, 29-58

Debortoli, D. and J. Galí,

"Heterogeneity and Aggregate Fluctuations: Insights from TANK Models"


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

Oxford University. Nuffield College. Economic and Social History Working Paper 21

Published in Journal of Economic History, 58 (1), 1998, 29-58

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

Oxford University. Nuffield College. Economic and Social History Working Paper 21

Published in Journal of Economic History, 58 (1), 1998, 29-58

Fornaro, L. and F. Romei,

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


2025, 378–389

Oxford University. Nuffield College. Economic and Social History Working Paper 21

Published in Journal of Economic History, 58 (1), 1998, 29-58

Ponzetto, G. and U. Troiano,

"Social Capital, Government Expenditures, and Growth"


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

Oxford University. Nuffield College. Economic and Social History Working Paper 21

Published in Journal of Economic History, 58 (1), 1998, 29-58

Broner, F., A. Martin, C. Trebesch, J. Meyer and J. Zhou Wu,

"Hegemony and International Alignment"


American Economic Association: Papers & Proceedings, 2025, 115, 593-598

Oxford University. Nuffield College. Economic and Social History Working Paper 21

Published in Journal of Economic History, 58 (1), 1998, 29-58

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

"The Global Financial Resource Curse"


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

Oxford University. Nuffield College. Economic and Social History Working Paper 21

Published in Journal of Economic History, 58 (1), 1998, 29-58

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