Recent Publications

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

Published in Journal of Money, Credit and Banking, 2020, 52 (S1): 197-231. DOI.
Special Issue on the 50th year anniversary of the JMCB.
OPEN ACCESS
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.
Summaries: VoxEU (2020) · ECB Research Bulletin (April 2020) 

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

"All Aboard: The Effects of Port Development"


Forthcoming in Journal of International Economics, 2024

Published in Journal of Money, Credit and Banking, 2020, 52 (S1): 197-231. DOI.
Special Issue on the 50th year anniversary of the JMCB.
OPEN ACCESS
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.
Summaries: VoxEU (2020) · ECB Research Bulletin (April 2020) 

Galí, J., R. Billi and A. Nakov,

"Optimal Monetary Policy with r*< 0"


Journal of Monetary Economics, 2024, 142, article 103518

Published in Journal of Money, Credit and Banking, 2020, 52 (S1): 197-231. DOI.
Special Issue on the 50th year anniversary of the JMCB.
OPEN ACCESS
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.
Summaries: VoxEU (2020) · ECB Research Bulletin (April 2020) 

Jeenas, P. and R. Lagos,

"Q-Monetary Transmission"


Forthcoming in Journal of Political Economy, 2024

Published in Journal of Money, Credit and Banking, 2020, 52 (S1): 197-231. DOI.
Special Issue on the 50th year anniversary of the JMCB.
OPEN ACCESS
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.
Summaries: VoxEU (2020) · ECB Research Bulletin (April 2020) 

J. Díaz-Saavedra, R. Marimon and J. Brogueira de Sousa,

"A Worker’s Backpack as Alternative to the Spanish PAYG Pension System"


Journal of the European Economic Association, 2023, 21 (5), 1944-1993

Published in Journal of Money, Credit and Banking, 2020, 52 (S1): 197-231. DOI.
Special Issue on the 50th year anniversary of the JMCB.
OPEN ACCESS
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.
Summaries: VoxEU (2020) · ECB Research Bulletin (April 2020) 

G. Callegari, R. Marimon, A. Wicht and L. Zavalloni,

"On a Lender of Last Resort with a Central Bank and a Stability Fund"


Review of Economic Dynamics, 2023, 50, 106-130

Published in Journal of Money, Credit and Banking, 2020, 52 (S1): 197-231. DOI.
Special Issue on the 50th year anniversary of the JMCB.
OPEN ACCESS
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.
Summaries: VoxEU (2020) · ECB Research Bulletin (April 2020) 

Y. Liu, R. Marimon and A. Wicht,

"Making Sovereign Debt Safe with a Financial Stability Fund"


Journal of International Economics, 2023, 145, article 103834

Published in Journal of Money, Credit and Banking, 2020, 52 (S1): 197-231. DOI.
Special Issue on the 50th year anniversary of the JMCB.
OPEN ACCESS
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.
Summaries: VoxEU (2020) · ECB Research Bulletin (April 2020) 

Broner, F., T. Didier, S. Schmukler and G. von Peter,

"Bilateral International Investments: The Big Sur?"


Journal of International Economics, 2023, 145, article 103795

Published in Journal of Money, Credit and Banking, 2020, 52 (S1): 197-231. DOI.
Special Issue on the 50th year anniversary of the JMCB.
OPEN ACCESS
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.
Summaries: VoxEU (2020) · ECB Research Bulletin (April 2020) 

Á. Ábrahám, J. Brogueira de Sousa, R. Marimon and L. Mayr,

"On the Design of a European Unemployment Insurance System"


European Economic Review, 2023, 156, article 104469

Published in Journal of Money, Credit and Banking, 2020, 52 (S1): 197-231. DOI.
Special Issue on the 50th year anniversary of the JMCB.
OPEN ACCESS
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.
Summaries: VoxEU (2020) · ECB Research Bulletin (April 2020) 

Schaal, E. and Mathieu Taschereau-Dumouchel,

"Herding through booms and busts*"


Journal of Economic Theory, 2023, 210, article 105669

Published in Journal of Money, Credit and Banking, 2020, 52 (S1): 197-231. DOI.
Special Issue on the 50th year anniversary of the JMCB.
OPEN ACCESS
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.
Summaries: VoxEU (2020) · ECB Research Bulletin (April 2020) 

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