RESEARCH OUTPUT

2016-

  1. Vincenzo Cuciniello and Luisa Lambertini ;Optimal exchange rate flexibility with large labor unions; Journal of International Money and Finance; Volume 63, Pages 112–136; May 2016,
  2. Serhiy Stepanchuk,”Marriage Stability, Taxation and Aggregate Labor Supply in the US vs Europe” (joint with Hans Holter and Indraneel Chakraborty) Journal of Monetary Economics, Volume 72, May 2015, pp 1-20

2015

  1. Philippe Bacchetta and kenza Benhima; “The Demand for Liquid Assets, Corporate Saving, and International Capital Flows”, Journal of the European Economic Association, 13, 1101-1135, 2015
  2. Cédric Tille, Mattieu Bussière and Claude Lopez; Do Real Exchange Rate Appreciations Matter for Growth?  Economic Policy, vol. 81, pp. 5-45; 2015
  3. Serhiy Stepanchuk and Viktor Tsyrennikov “Portfolio and Welfare Consequences of Debt Market Dominance” Journal of Monetary Economics, Volume 74, pp 89-101; September 2015
  4. Serhiy Stepanchuk Hans Holter and Indraneel Chakraborty “Marriage Stability, Taxation and Aggregate Labor Supply in the US vs Europe” Journal of Monetary Economics, Volume 72, pp 1-20 May 2015

2014

  1.  Alessia Campolmi, Harald Fadinger and Chiara Forlati. “Trade policy: Home market effect versus terms-of-trade externality.” Journal of International Economics, 93(1): 92-107, 2014.
  2. Kathrin Rabitsch and Serhiy Stepanchuk. “A two-period model with portfolio choice: Understanding results from different solution methods. “ Economic Letters, 124(2): 239-242, 2014.
  3. Philippe Bacchetta, Kenza Benhima, and Yannick Kalantzis.. “Optimal Exchange Rate Policy in a Growing Semi-Open Economy.” IMF Economic Review 62, 48-76. 2014
  4.  Céline Poilly and Dennis Wesselbaum,, Evaluating Labor Market Reforms: A Normative Analysis, Journal of Macroeconomics, 39, 156-170 . 2014
  5. Philippe Bacchetta and Kenza Benhima, The Demand for Liquid Assets, Corporate Saving, and International Capital Flows, Journal of the European Economic Association.
  6. Tille, Cédric, and Eric vanWincoop. Solving DSGE Portfolio Choice Models with Dispersed Information. Journal of Economic Dynamics and Control, vol. 40, pp. 1-24.2014

2013

  1.  Luisa Lambertini, Caterina Mendicino and Maria Teresa Punzi. “Expectation-driven cycles in the housing market: Evidence from survey data,” Journal of Financial Stability, 9 (3), 518-529, 2013.
  2.  Luisa Lambertini, Caterina Mendicino and Maria Teresa Punzi. “Leaning against Boom-Bust Cycles in Credit and Housing Prices,” Journal of Economic Dynamics and Control, 37 (8), 1500-1522, 2013.
  3. Punnoose Jacob and Gert Peersman. “Dissecting the Dynamics of the US Trade Balance in an Estimated Equilibrium Model,” Journal of International Economics, 90 (2), 302-315, 2013.
  4. Lewis Gaul and Pynar Uysal; “Can Equity Volatility Explain the Global Loan Pricing Puzzle?“Review of Financial Studies, Volume 26, Issue 12, Pages 3225-3265 2013.
  5. Dell’Erba, Salvatore, Ricardo Hausmann, and Ugo Panizza Debt Levels, Debt Composition, and Sovereign Spreads in Emerging and Advanced Economies Oxford Review of Economic Policy, Volume 29, Issue 3Pp. 518-547; 2013.
  6. Hoffmann, Mathias What drives China’s current account? Journal of International Money and Finance, vol32: pages 856-883. (2013).
  7. Philippe Bacchetta, K. Benhima, Y. Kalantzis, Capital Controls with International Reserve Accumulation: Can this Be Optimal?, American Economic Journal: Macroeconomics 5(3), 229–262; 2013.
  8. Philippe Bacchetta, E. van Wincoop “On the Unstable Relationship between Exchange Rates and Macroeconomic Fundamentals”, Journal of International Economics, 91, 18-26. 2013
  9. Philippe Bacchetta, Eric van Wincoop, Sudden Spikes in Global Risk, Journal of International Economics 89, 511-521;2013.

2012

  1. Mathias Hoffmann and Thomas Nitschka. “Securitization of mortgage debt, domestic lending, and international risk sharing,” Canadian Journal of Economics,, 45 (2), 493-508 ; 2012.
  2. Cédric Tille. “Sailing through this Storm? Capital Flows in Asia during the Crisis,” Pacific Economic Review, 17(3), 467-488; 2012.
  3. Philippe Bacchetta, Cédric Tille, Eric van Wincoop, “Self-Fulfilling Risk Panics”, American Economic Review, 102, 3674–3700;2012.

2011

  1. Philippe Bacchetta and Eric van Wincoop. “Sudden Spikes in Global Risk,” Journal of InternationaEconomics,
  2. Philippe Bacchetta, Cédric Tille and Eric van Wincoop. “Self-Fullfilling Risk Panics,” American Economic Review,
  3. A column based on this work appears on the Vox online forum: Risk panics: When markets crash for no apparent reason,:  http://www.voxeu.org/index.php?q=node/5306; July 19; 2010
  4. Philippe Bacchetta, Cédric Tille and Eric van Wincoop. “Regulating Asset Price Risk,” American Economic Review: Papers and Proceedings,101, 410-412; 2011.
  5. Kenza Benhima. “A Reappraisal of the Allocation Puzzle through the Portfolio Approach,” Journal of International Economics, 2010
  6. Kenza Benhima. “Financial integration, capital misallocation and global imbalances,” Journal of International Money and Finance,
  7. Chiara Forlati and Luisa Lambertini. “Risky Mortgages in a DSGE Model,” International Journal of Central Banking, 7(1), 285-335; 2011
  8. Ricardo Hausmann, and Ugo Panizza. “Redemption or Abstinence? Original Sin, Currency Mismatches and Counter Cyclical Policies in the New Millennium,” Journal of Globalization and Development, 2(1); 2011.
  9. Gian-Maria Milesi-Ferretti and Cédric Tille. “The Great Retrenchment: International Capital Flows during the Global Financial Crisis,” Economic Policy, 66, 285-330; 2011.
  10. Francesco Pappadà. “Real Adjustment of Current Account Imbalances with Firm Heterogeneity,” IMF Economic Review, 59, 431-454; 2011