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Luca Fornaro

Luca Fornaro

CREI, UPF and BSE

PhD, London School of Economics

PhD, London School of Economics

Research interests

International Macroeconomics
Monetary Economics

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Contact

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Email
ORCID profile
IDEAS/RePEc profile

Teaching at the Barcelona School of Economics

International Trade, Finance, and Development Program
International Trade, Finance, and Development Program
Macroeconomic Policy and Financial Markets Program
Macroeconomic Policy and Financial Markets Program
Financial Economics Program
Financial Economics Program

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

Working Paper

Background

Fiscal Stimulus with Supply Constraints

BSE Working Paper: 1458 | September 24

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Working Paper

Background

Monetary Policy in the Age of Automation

BSE Working Paper: 1290 | September 21

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Martin Wolf, Luca Fornaro,

Working Paper

Background

Reserve Accumulation, Growth and Financial Crises

BSE Working Paper: 1279 | July 21

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Michael Wolf, Gianluca Benigno, Luca Fornaro,

Working Paper

Background

Monetary Policy in an Unbalanced Global Economy

BSE Working Paper: 1313 | January 22

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Federica Romei, Luca Fornaro,

Working Paper

Background

Fragmented Monetary Unions

BSE Working Paper: 1437 | April 24

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Christoph Grosse-Steffen, Luca Fornaro,

Working Paper

Background

The scars of supply shocks: Implications for monetary policy

BSE Working Paper: 1214 | November 20

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Martin Wolf, Luca Fornaro,

Working Paper

Background

The Global Financial Resource Curse

BSE Working Paper: 1165 | April 20

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Martin Wolf, Gianluca Benigno, Luca Fornaro,

Working Paper

Background

A Theory of Monetary Union and Financial Integration

BSE Working Paper: 1138 | December 19

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Working Paper

Background

Covid-19 Coronavirus and Macroeconomic Policy

BSE Working Paper: 1168 | April 20

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Martin Wolf, Luca Fornaro,

Working Paper

Background

Monetary Policy for a Bubbly World

BSE Working Paper: 921 | September 16

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Jaume Ventura, Alberto Martin, Luca Fornaro, Vladimir Asriyan,

Working Paper

Background

The Paradox of Global Thrift (Plus Appendix)

BSE Working Paper: 1039 | May 18

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Federica Romei, Luca Fornaro,

Working Paper

Background

International Debt Deleveraging

BSE Working Paper: 931 | October 16

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Working Paper

Background

Stagnation Traps

BSE Working Paper: 832 | September 15

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Gianluca Benigno, Luca Fornaro,

Publications

Publication

Recognition Program

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Martin Wolf, Luca Fornaro,

Publication

Recognition Program

teacher

Martin Wolf, Gianluca Benigno, Luca Fornaro,

Publication

Recognition Program

teacher

Publication

Recognition Program

teacher

Martin Wolf, Gianluca Benigno, Luca Fornaro,

Publication

Recognition Program

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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

Publication

Recognition Program

teacher

Gianluca Benigno, Luca Fornaro,

Publication

Recognition Program

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Gianluca Benigno, Luca Fornaro,

Publication

Recognition Program

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BSE Focus

Visit BSE Focus to read non-technical summaries of research by Luca Fornaro and other BSE Affiliated Professors.

BSE Focus

Feb 2025

Fragmented Monetary Unions

Read more

The Global Financial Resource Curse

BSE Focus

Feb 2021

Read more

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

BSE Focus

Jan 2020

Read more

Related News

September 19

0 min

ERC Starting Grant awarded to Luca Fornaro

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