This is a recently published #LEM wp titled "The finance-growth nexus over the long-run" co-authored with Giovanni Dosi and Maria Enrica Virgillito. Link: ideas.repec.org/p/ssa/lemwps/2… ➡️1/7 We study the finance-growth nexus from a historical perspective #econtwitter

🚨 Exciting news🚨 Our paper “Robot Adoption and Inflation Dynamics” (with Henrique Basso) 🤖💸 👉 Accepted at the Journal of Monetary Economics 🎉 👉 Out as a Banco de España Working Paper 📄 Here’s what we do — explained in a thread 👇

🚨 New paper published in the Journal of Monetary Economics! 👉 Staggered contracts and unemployment during recessions (with Luis Díez Catalán & Ernesto Villanueva) We study how CBAs create DNWR, shaping wages and job losses in recessions. 📄 sciencedirect.com/science/articl…

I am a fan of the literature on endogenous cycles, particularly Richard Goodwin’s work. But Goodwin’s model was mechanistic and did not account for people adapting their behavior in response to anticipated price signals. To improve on that idea, I wrote a paper on nonlinear

It would make little or no difference. The whole point of the Old Keynesian agenda is to explain how different levels of employment can be consistent with rational choice on the part of households and firms. The answer I give is that the labor market is not an auction market. It

5 recommended Economics books, 2025 1. Truman Bewley, Price Setting This book is a bookend to Bewley's 1999 Why Wages Don't Fall During a Recession. Together, these books contain invaluable interview-based information on price determination. Remarkable work from one of the