Recent Publications

Vanasco, V., U. Malmendier and D. Pouzo,

"Investor Experiences and Financial Market Dynamics"


Journal of Financial Economics, 2020, 136(3), 597-622
Martin, A., E. Moral-Benito and T. Schmitz,

"The Financial Transmission of Housing Booms: Evidence from Spain"


Forthcoming in American Economic Review, 2020

Read a non-technical summary on VOXEU 

Asriyan, V.,

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


Forthcoming in The Review of Economic Studies, 2020
Baley, I., L. Veldkamp and M. Waugh,

"Can Global Uncertainty Promote International Trade?"


Journal of International Economics, 2020, 126
Galí, J.,

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


Forthcoming in Journal of Money, Credit and Banking, 2020
Schaal, E. and P. Fajgelbaum,

"Optimal Transport Networks in Spatial Equilibrium"


Econometrica, 2020, 88 (4), 1411-1452
Galí, J.,

"Uncovered Interest Parity, Forward Guidance and the Exchange Rate"


Forthcoming in Journal of Money, Credit and Banking, 2020
Vanasco, V., U. Malmendier and D. Pouzo,

"Investor Experiences and International Capital Flows"


Journal of International Economics, 2020, 124, 1-19
Martin, A., E. Ilzetzki, C. Reinhart and K. Rogoff,

"Comments on ‘Why is the Euro punching below its weight?’"


Forthcoming in Economic Policy, 2020
Martin, A., M. Crozet and J. Hins,

"Comments on ‘Friendly fire: the trade impact of the Russia sanctions and counter-sanctions’"


Forthcoming in Economic Policy, 2020

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