Recent Publications

Gali, J.,

"The Effects of a Money-Financed Fiscal Stimulus"


Forthcoming in Journal of Monetary Economics, 2019
Garcia-Santana, M., E. Moral-Benito, J. Pijoan-Mas and R. Ramos,

"Growing like Spain: 1995-2007"


Forthcoming in International Economic Review, 2019
Debortoli, D., J. Gali and L. Gambetti,

"On the Empirical (Ir)Relevance of the Zero Lower Bound Constraint"


Forthcoming in NBER Macroeconomics Annual, 2019
Fornaro, L. and F. Romei,

"The Paradox of Global Thrift"


Forthcoming in American Economic Review, 2019

Read a non-technical summary on VoxEU

Caggese, A., V. Cuñat and D. Metzger,

"Firing the Wrong Workers: Financing Constraints and Labor Misallocation"


Forthcoming in Journal of Financial Economics, 2019
Baley, I. and A. Blanco,

"Firm Uncertainty Cycles and the Propagation of Nominal Shocks"


American Economic Journal: Macroeconomics, 2019, 11 (1), 276-337
Vanasco, V., B. Daley and B. Green,

"Securitization, Ratings, and Credit Supply"


Forthcoming in Journal of Finance, 2019
Caggese, A.,

"Financing Constraints, Radical versus Incremental Innovation, and Aggregate Productivity"


Forthcoming in American Economic Journal: Macroeconomics, 2019
Debortoli, D., J. Kim, J. Lindé and R. Nunes,

"Designing a Simple Loss Function for the Fed: Does the Dual Mandate Make Sense?"


The Economic Journal, 2019, 129 (621), 2010-2038
J. Asturias, M. Garcia-Santana and R. Ramos,

"Competition and the Welfare Gains from Transportation Infrastructure: Evidence from the Golden Quadrilateral of India"


Forthcoming in Journal of the European Economic Association, 2019

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