Research

PUBLICATIONS:

Nominal exchange rates and net foreign assets' dynamics: the stabilization role of valuation effects, 2024, Journal of International Money and Finance, 141, 1-21.

Nominal exchange rate determination and dynamics in an OLG framework,  2021, Economic Theory, 72, 93-132 (with Mauro Bambi). 

Global imbalances in the XIX, XX and the XXI centuries, 2016, Economics Letters, 145, 69-72.

An OLG model of global imbalances, 2015, Journal of International Economics, 95 (1), 83-97.

WORKING PAPERS:

Helicopter drops in open economy when markets are incomplete, submitted, old WP version