Details about Galo Nuño Barrau

Access statistics for papers by Galo Nuño Barrau.

Last updated 2024-12-09. Update your information in the RePEc Author Service.

Short-id: pnu38

Working Papers

2024

1. CBDC and the Operational Framework of Monetary Policy
   CESifo Working Paper Series, CESifo View citations (1)
   Also in BIS Working Papers, Bank for International Settlements (2023) View citations (6)
   Working Papers, Banco de España (2024) View citations (1)
2. España | El impacto heterogéneo de la inflación en los balances de los hogares
   (Spain | The heterogeneous impact of inflation on households’ balance sheets)
   Working Papers, BBVA Bank, Economic Research Department
3. Inequality and the zero lower bound
   BIS Working Papers, Bank for International Settlements View citations (3)
   Also in NBER Working Papers, National Bureau of Economic Research, Inc (2023)
   CESifo Working Paper Series, CESifo (2023)
4. Monetary Policy with Persistent Supply Shocks
   CESifo Working Paper Series, CESifo
5. Navigating by Falling Stars: Monetary Policy with Fiscally Driven Natural Rates
   Working Papers, Banco de España
   Also in BIS Working Papers, Bank for International Settlements (2024) View citations (3)
   NBER Working Papers, National Bureau of Economic Research, Inc (2024) View citations (3)
   PIER Working Paper Archive, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania (2024)
6. Strike While the Iron Is Hot: Optimal Monetary Policy with a Nonlinear Phillips Curve
   CESifo Working Paper Series, CESifo View citations (1)
7. Taming the Curse of Dimensionality: Quantitative Economics with Deep Learning
   CESifo Working Paper Series, CESifo
   Also in NBER Working Papers, National Bureau of Economic Research, Inc (2024)
   Working Papers, Banco de España (2024)
   PIER Working Paper Archive, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania (2024)
8. The heterogeneous impact of inflation on households’ balance sheets
   Working Papers, Banco de España View citations (2)
   Also in CESifo Working Paper Series, CESifo (2023) View citations (3)
   BIS Working Papers, Bank for International Settlements (2023) View citations (3)
   Working Papers, Red Nacional de Investigadores en Economía (RedNIE) (2022) View citations (7)
9. The term structure of interest rates in a heterogeneous monetary union
   BIS Working Papers, Bank for International Settlements
   Also in Working Papers, Banco de España (2022) View citations (12)
   CESifo Working Paper Series, CESifo (2022) View citations (7)

2023

10. Firm heterogeneity, capital misallocation and optimal monetary policy
    BIS Working Papers, Bank for International Settlements View citations (1)
    Also in Working Papers, Banco de España (2021) View citations (1)
    CESifo Working Paper Series, CESifo (2021) View citations (1)

2020

11. Financial Frictions and the Wealth Distribution
    CESifo Working Paper Series, CESifo View citations (5)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2019) View citations (32)
    PIER Working Paper Archive, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania (2019) View citations (31)
    Working Papers, Banco de España (2020) View citations (3)
    See also Journal Article Financial Frictions and the Wealth Distribution, Econometrica, Econometric Society (2023) View citations (17) (2023)
12. La respuesta de la política monetaria del Banco Central Europeo frente a la crisis del Covid-19
    Occasional Papers, Banco de España
13. Optimal Monetary Policy with Heterogeneous Agents
    CESifo Working Paper Series, CESifo View citations (2)
14. The ECB monetary policy response to the Covid-19 crisis
    Occasional Papers, Banco de España View citations (7)

2019

15. A Framework for Debt-Maturity Management
    Working Papers, Peruvian Economic Association View citations (2)
    Also in Working Papers, Banco de España (2019) View citations (2)
16. Debt-Maturity Management with Liquidity Costs
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (1)
    See also Journal Article Debt-Maturity Management with Liquidity Costs, Journal of Political Economy Macroeconomics, University of Chicago Press (2023) (2023)
17. Optimal monetary policy with heterogeneous agents (Updated September 2019)
    Working Papers, Banco de España View citations (5)

2018

18. A large central bank balance sheet? floor vs corridor systems in a new keynesian environment
    Working Papers, Banco de España View citations (2)

2017

19. Optimal Debt Management
    2017 Meeting Papers, Society for Economic Dynamics

2016

20. Monetary Policy and Sovereign Debt Vulnerability
    2016 Meeting Papers, Society for Economic Dynamics View citations (5)
    Also in Working Papers, Banco de España (2015) View citations (10)

2015

21. Controlling a distribution of heterogeneous agents
    Working Papers, Banco de España View citations (1)
22. Quantitative effects of the shale oil revolution
    Working Paper Series, European Central Bank View citations (20)
    Also in Working Papers, Banco de España (2015) View citations (20)
    See also Journal Article Quantitative effects of the shale oil revolution, Energy Policy, Elsevier (2015) View citations (20) (2015)

2014

23. Learning from Experience in the Stock Market
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (2)
    Also in Working Papers, Banco de España (2011) View citations (1)
    Working Paper Series, European Central Bank (2011) View citations (1)
    Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) (2012)
    See also Journal Article Learning from experience in the stock market, Journal of Economic Dynamics and Control, Elsevier (2015) View citations (10) (2015)

2013

24. A twin crisis with multiple banks of issue: Spain in the 1860s
    Working Paper Series, European Central Bank
    See also Journal Article A twin crisis with multiple banks of issue. Spain in the 1860s, European Review of Economic History, European Historical Economics Society (2015) View citations (5) (2015)
25. Bank Leverage Cyles
    2013 Meeting Papers, Society for Economic Dynamics
    Also in Working Papers, Banco de España (2012) View citations (4)
    See also Journal Article Bank Leverage Cycles, American Economic Journal: Macroeconomics, American Economic Association (2017) View citations (37) (2017)

2012

26. Long-run growth and demographic prospects in advanced economies
    Occasional Papers, Banco de España

2011

27. A general equilibrium model of the oil market
    Working Papers, Banco de España View citations (3)
28. Does TFP drive housing prices? a growth accounting exercise for four countries
    Working Papers, Banco de España
    Also in MPRA Paper, University Library of Munich, Germany (2010)
29. Money dynamics with multiple banks of issue: evidence from Spain 1856-1874
    Working Papers, Banco de España View citations (6)
30. Saudi Aramco and the oil market
    Working Paper Series, European Central Bank View citations (4)

2010

31. Optimal research and development expenditure: a general equilibrium approach
    Working Papers, Banco de España

2009

32. Oilgopoly: A General Equilibrium Model Of The Oil-Macroeconomy Nexus
    Working Papers, Banco de España
33. Technology, convergence and business cycles
    Working Papers, Banco de España

2008

34. After Bretton Woods II
    Working Papers, BBVA Bank, Economic Research Department
35. Schumpeterian Foundations of Real Business Cycles
    Working Papers, International Economics Institute, University of Valencia View citations (1)

Journal Articles

2024

1. Quo vadis, r*? The natural rate of interest after the pandemic
   BIS Quarterly Review, 2024 View citations (4)

2023

2. Debt-Maturity Management with Liquidity Costs
   Journal of Political Economy Macroeconomics, 2023, 1, (1), 119 - 190
   See also Working Paper Debt-Maturity Management with Liquidity Costs, NBER Working Papers (2019) View citations (1) (2019)
3. Financial Frictions and the Wealth Distribution
   Econometrica, 2023, 91, (3), 869-901 View citations (17)
   See also Working Paper Financial Frictions and the Wealth Distribution, CESifo Working Paper Series (2020) View citations (5) (2020)
4. Monetary Policy and Sovereign Debt Sustainability
   Journal of the European Economic Association, 2023, 21, (1), 293-325 View citations (3)

2022

5. Optimal Redistributive Inflation
   Annals of Economics and Statistics, 2022, (146), 3-63 View citations (5)

2019

6. La política monetaria del Eurosistema tras el final de las compras netas de activos
   Boletín Económico, 2019, (MAR)
7. The Eurosystem’s monetary policy following the end of net asset purchases
   Economic Bulletin, 2019, (MAR)

2018

8. Implicaciones de política monetaria de la emisión de dinero digital por parte de los bancos centrales
   Boletín Económico, 2018, (SEP)
9. Monetary policy implications of central bank-issued digital currency
   Economic Bulletin, 2018, (SEP)
10. Social Optima in Economies with Heterogeneous Agents
    Review of Economic Dynamics, 2018, 28, 150-180 View citations (19)
    See also Software Item Code and data files for "Social Optima in Economies with Heterogeneous Agents", Computer Codes (2017) (2017)

2017

11. Bank Leverage Cycles
    American Economic Journal: Macroeconomics, 2017, 9, (2), 32-72 View citations (37)
    See also Working Paper Bank Leverage Cyles, 2013 Meeting Papers (2013) (2013)
12. El tipo de interés natural: concepto, determinantes e implicaciones para la política monetaria
    Boletín Económico, 2017, (MAR)
13. The natural interest rate: concept, determinants and implications for monetary policy
    Economic Bulletin, 2017, (MAR) View citations (6)

2015

14. A twin crisis with multiple banks of issue. Spain in the 1860s
    European Review of Economic History, 2015, 19, (2), 171-194 View citations (5)
    See also Working Paper A twin crisis with multiple banks of issue: Spain in the 1860s, Working Paper Series (2013) (2013)
15. El mercado del petróleo: cambios en la oferta y determinantes de la caída de los precios en 2014
    Boletín Económico, 2015, (JUL), 71-81
16. Learning from experience in the stock market
    Journal of Economic Dynamics and Control, 2015, 52, (C), 224-239 View citations (10)
    See also Working Paper Learning from Experience in the Stock Market, CEPR Discussion Papers (2014) View citations (2) (2014)
17. Quantitative effects of the shale oil revolution
    Energy Policy, 2015, 86, (C), 855-866 View citations (20)
    See also Working Paper Quantitative effects of the shale oil revolution, Working Paper Series (2015) View citations (20) (2015)

2013

18. Saudi Arabia and the Oil Market
    Economic Journal, 2013, 123, (12), 1333-1362 View citations (46)

2012

19. Crecimiento a largo plazo y perspectivas demográficas en las economías avanzadas
    Boletín Económico, 2012, (JUN), 55-66
20. Does total-factor productivity drive housing prices? A growth-accounting exercise for four countries
    Economics Letters, 2012, 115, (2), 221-224 View citations (10)

2011

21. El proceso de ajuste económico después de crisis financieras: una perspectiva histórica
    Boletín Económico, 2011, (SEP), 99-116
22. Optimal research and development and the cost of business cycles
    Journal of Economic Growth, 2011, 16, (3), 257-283 View citations (1)
23. The process of economic adjustment following financial crises: a historical perspective
    Economic Bulletin, 2011, (OCT), 3-17

2010

24. Un modelo sencillo para analizar las causas y consecuencias de las variaciones en el precio del petróleo
    Boletín Económico, 2010, (FEB), 65-78

Software Items

2017

1. Code and data files for "Social Optima in Economies with Heterogeneous Agents"
   Computer Codes, Review of Economic Dynamics
   See also Journal Article Social Optima in Economies with Heterogeneous Agents, Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics (2018) View citations (19) (2018)