Luca Fornaro

CREI, UPF and BSE

PhD, London School of Economics

Research interests

  • International Macroeconomics
  • Monetary Economics
Read more Arrow down

Contact

Teaching at the Barcelona School of Economics

Luca Fornaro is a Senior Researcher at CREI, a Ramón y Cajal Fellow at UPF, and an Affiliated Professor of the Barcelona School of Economics (BSE).

He is also a Research Affiliate of the Centre for Economic Policy Research (CEPR) in London. He has been a Visiting Scholar at the Bank of England, the Federal Reserve Bank of Minneapolis and the Federal Reserve Bank of New York.

Awards, Grants, and Honors

  • ERC Consolidator Grant, “Macroeconomic Policies for Productivity Growth” (2024)
  • ECB Wim Duisenberg Research Fellowship (2022)
  • ERC Starting Grant, “Economic Fluctuations, Productivity Growth and Stabilization Policies: A Keynesian Growth Perspective” (2019)
  • BSE-“la Caixa” Foundation Research Grants on Socioeconomic Well-being (2017)
  • BSE Seed Grant, “Aggregate Demand Externalities in a Global Liquidity Trap” (2016)
  • BSE Seed Grant, “Financial Intermediation and Inequality over the Business Cycle” (2014)

Working Papers

See all Angle icon
Working Paper
Background

Fiscal Stimulus with Supply Constraints

Document icon
BSE Working Paper: 1458
September 2024
teacher
Luca Fornaro
Working Paper
Background

Monetary Policy in the Age of Automation

Document icon
BSE Working Paper: 1290
September 2021
teacher
Martin Wolf and Luca Fornaro
Working Paper
Background

Reserve Accumulation, Growth and Financial Crises

Document icon
BSE Working Paper: 1279
July 2021
teacher
Michael Wolf, Gianluca Benigno and Luca Fornaro
Working Paper
Background

Monetary Cooperation during Global Inflation Surges

Document icon
BSE Working Paper: 1313
January 2022
teacher
Federica Romei and Luca Fornaro
Working Paper
Background

Fragmented Monetary Unions

Document icon
BSE Working Paper: 1437
April 2024
teacher
Christoph Grosse-Steffen and Luca Fornaro
Working Paper
Background

The scars of supply shocks: Implications for monetary policy

Document icon
BSE Working Paper: 1214
November 2020
teacher
Martin Wolf and Luca Fornaro
Working Paper
Background

The Global Financial Resource Curse

Document icon
BSE Working Paper: 1165
April 2020
teacher
Martin Wolf, Gianluca Benigno and Luca Fornaro
Working Paper
Background

A Theory of Monetary Union and Financial Integration

Document icon
BSE Working Paper: 1138
December 2019
teacher
Luca Fornaro
Working Paper
Background

Covid-19 Coronavirus and Macroeconomic Policy

Document icon
BSE Working Paper: 1168
April 2020
teacher
Martin Wolf and Luca Fornaro
Working Paper
Background

Monetary Policy for a Bubbly World

Document icon
BSE Working Paper: 921
September 2016
teacherteacherteacherteacher
Jaume Ventura, Alberto Martin, Luca Fornaro and Vladimir Asriyan
Working Paper
Background

The Paradox of Global Thrift (Plus Appendix)

Document icon
BSE Working Paper: 1039
May 2018
teacher
Federica Romei and Luca Fornaro
Working Paper
Background

International Debt Deleveraging

Document icon
BSE Working Paper: 931
October 2016
teacher
Luca Fornaro
Working Paper
Background

Stagnation Traps

Document icon
BSE Working Paper: 832
September 2015
teacher
Gianluca Benigno and Luca Fornaro
Working Paper
Background

Fiscal Stagnation

Document icon
BSE Working Paper: 1488
April 2025
teacher
Martin Wolf and Luca Fornaro

Publications

See all Angle icon
Publication
Recognition Program

Open Access
teacher
Martin Wolf, Luca Fornaro,
Publication
Recognition Program

teacher
Martin Wolf, Gianluca Benigno, Luca Fornaro,
Publication
Recognition Program

Open Access
teacher
Luca Fornaro,
Publication
Recognition Program

teacher
Luca Fornaro,
Publication
Recognition Program

Open Access
teacherteacherteacherteacher
Jaume Ventura, Alberto Martin, Luca Fornaro, Vladimir Asriyan,
Publication
Recognition Program

teacher
Federica Romei, Luca Fornaro,
Publication
Recognition Program

teacher
Gianluca Benigno, Luca Fornaro,
Publication
Recognition Program

teacher
Luca Fornaro,
Publication
Recognition Program

teacher
Gianluca Benigno, Luca Fornaro,
Publication
Recognition Program

teacher
Gianluca Benigno, Luca Fornaro,
Publication
Recognition Program

teacher
Luca Fornaro,
Publication
Recognition Program

Open Access
Document icon
1165
BSE Working Paper: 1165 |
teacher
Martin Wolf, Gianluca Benigno, Luca Fornaro,

BSE Focus

Visit BSE Focus to read non-technical summaries of papers and projects by Luca Fornaro and other BSE researchers.

See all Angle icon
BSE Focus
Feb 2025
Fragmented Monetary Unions
Read more

The Global Financial Resource Curse

BSE Focus
Feb 2021
Read more
Arrow to right

Video: Economic Fluctuations, Productivity Growth and Stabilization Policies: A Keynesian Growth Perspective (ERC Starting Grant)

BSE Focus
Jan 2020
Read more
Arrow to right

Related News

News
February 25
Time icon
0 min
Luca Fornaro awarded ERC Consolidator Grant
Read More
News
September 19
Time icon
0 min
ERC Starting Grant awarded to Luca Fornaro
Read More
Subscribe to our newsletter
Want to receive the latest news and updates from the BSE? Share your details below.
Founding Institutions
Distinctions
Logo BSE
© Barcelona Graduate School of
Economics. All rights reserved.
QualityTransparencyLegalCookie PolicyContact UsSite map
FacebookInstagramLinkedinXYoutube