Interest: Macroeconomics, International Economics

PUBLICATIONS

1. Real Business Cycle in Emerging Countries?
   American Economic Review, 100, December 2010, 2510-2531
   with Javier Garcia-Cicco (Banco Central de Chile),  and Martin Uribe (Columbia University)
   

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2. How Beneficial Was the Great Moderation After All?
   Journal of Economic Dynamics and Control, Vol.46, September 2014, 73-90
   

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3. The Heterogenous Great Moderation
   European Economic Review, Volume 74, February 2015, Pages 207–228
   – Online Appendix
   – Matlab Toolkit to run the SCI-Tests: Download

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4. The Price of Capital and the Financial Acceleration
   Economics Letters, Volume 140, December 2016, Pages 86-89
   with Hernan Seoane (U. Carlos III de Madrid), and Marija Vukotic (University of Warwick)
   – Code for solving BGG with the equilibrium price of capital Download
   – Replication files  Download

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5. Inflation Sensitivity To Monetary Policy: What Has Changed since the Early 1980’s
   Oxford Bulletin of Economics and Statistics, Volume 81, Issue 1, April 2019, pp 412-436
   with Marija Vukotic (University of Warwick)

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   Endogenous Partial Insurance and Inequality
   Journal of European Economic Association, forthcoming, April 2019.
   with Eric Mengus  (HEC Paris).
   

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7. Natural Expectations and Home Equity Extraction
   Journal of Housing Economics, Vol. 46, December 2019
   with Mario Pietrunti (Banca d’Italia and Toulouse School of Economics).

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8. Welfare Gains of Bailouts in a Sovereign Default Model
   Journal of Economic Dynamics and Control, Vol. 113, 193867, April 2020.
   with Hernan Seoane (U. Carlos III de Madrid), and Marija Vukotic (University of Warwick)

IN THE PUBLICATION PROCESS

• Transparency, Political Conflict, and Debt [Resubmitted]
  with Lorenzo Prosperi (Prometeia)

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• Interest Overhang: a Rationale for the Existence of Sovereign Lending Mechanisms [Submitted]
  with Luca Zavalloni (Bank of Ireland). (January 2019)

WORKING PAPERS

• Sovereign Default and Information Frictions [Work in Progress]
  with  Christian Hellwig  (Toulouse School of Economics) and Constance de Soyres (Toulouse School of Economics).

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• How Distorted Food Prices Discourage Healthy Diet
  with Thijs Van Rens and Marija Vukotic (University of Warwick)

• Performance-based contracts, Income Inequality and Wealth Inequality [Work in Progress]
  with Pablo Becker (U. Warwick) and Carlo Perroni (U. Warwick).