Galo Nuño

Banco de España

Alcala 50

Madrid 28014

Spain

SCHOLARLY PAPERS

15

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1,034

SSRN CITATIONS
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Top 4,567

in Total Papers Citations

33

CROSSREF CITATIONS

204

Scholarly Papers (15)

1.
Downloads 238 (132,613)
Citation 16

Bank Leverage Cycles

Banco de Espana Working Paper No. 1222
Number of pages: 45 Posted: 15 Jun 2012
Galo Nuño and Carlos Thomas
Banco de España and Banco de España
Downloads 162 (189,089)
Citation 13

Abstract:

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financial intermediaries, short-term collateralized debt, limited liability, call option, put option, moral hazard, leverage

Bank Leverage Cycles

ECB Working Paper No. 1524
Number of pages: 42 Posted: 09 Apr 2013
Galo Nuño and Carlos Thomas
Banco de España and Banco de España
Downloads 76 (327,408)

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Financial intermediaries, short-term collateralized debt, limited liability, call option, put option, moral hazard, leverage, cross-sectional volatility

2.
Downloads 72 (224,935)
Citation 1

Quantitative Effects of the Shale Oil Revolution

Banco de Espana Working Paper No. 1518
Number of pages: 36 Posted: 25 Jun 2015
Cristiana Manescu and Galo Nuño
European Commission and Banco de España
Downloads 72 (337,852)
Citation 3

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Saudi Arabia, general equilibrium, shale oil

3.

The Natural Interest Rate: Concept, Determinants and Implications for Monetary Policy

Banco de Espana Article 7/17
Number of pages: 10 Posted: 03 Mar 2017
Banco de España, Banco de España and Banco de España
Downloads 119 (241,815)
Citation 1

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4.

Optimal Monetary Policy with Heterogeneous Agents (Updated September 2019)

Banco de Espana Working Paper No. 1624
Number of pages: 71 Posted: 20 Oct 2016 Last Revised: 30 Oct 2019
Galo Nuño and Carlos Thomas
Banco de España and Banco de España
Downloads 117 (244,889)
Citation 2

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optimal monetary policy, incomplete markets, Gâteaux derivative, nominal debt, inflation, redistributive effects, continuous time

5.

A General Equilibrium Model of the Oil Market

Banco de Espana Working Paper No. 1125
Number of pages: 36 Posted: 07 Oct 2011
Anton Nakov and Galo Nuño
European Central Bank (ECB) and Banco de España
Downloads 95 (282,646)
Citation 48

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oil price, oil production, dominant firm, Saudi Aramco, oil tax

6.
Downloads 90 (290,531)
Citation 43

Learning From Experience in the Stock Market

ECB Working Paper No. 1396
Number of pages: 41 Posted: 30 Nov 2011
Anton Nakov and Galo Nuño
European Central Bank (ECB) and Banco de España
Downloads 41 (442,372)

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learning from experience, OLG, assett pricing, bubbles, heterogeneous agents

Learning from Experience in the Stock Market

Banco de Espana Working Paper No. 1132
Number of pages: 41 Posted: 05 Dec 2011
Anton Nakov and Galo Nuño
European Central Bank (ECB) and Banco de España
Downloads 25 (523,990)
Citation 17

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learning from experience, OLG, asset pricing, bubbles, heterogeneous agents

Learning from Experience in the Stock Market

FEDS Working Paper No. 2012-41
Number of pages: 36 Posted: 18 Dec 2012
Anton Nakov and Galo Nuño
European Central Bank (ECB) and Banco de España
Downloads 24 (530,285)
Citation 22

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learning from experience, OLG, asset pricing, bubbles, heterogeneous agents

7.

Controlling a Distribution of Heterogeneous Agents

Banco de Espana Working Paper No. 1533
Number of pages: 44 Posted: 22 Nov 2015
Galo Nuño and Benjamin Moll
Banco de España and Princeton University - Department of Economics
Downloads 80 (316,865)
Citation 1

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Kolmogorov forward equation, wealth distribution, social welfare function, mean field control

8.

Monetary Policy Implications of Central Bank-Issued Digital Currency

Banco de Espana Article 15/18
Number of pages: 8 Posted: 14 Sep 2018
Galo Nuño
Banco de España
Downloads 62 (361,769)

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9.

Optimal Control with Heterogeneous Agents in Continuous Time

ECB Working Paper No. 1608
Number of pages: 21 Posted: 09 Nov 2013
Galo Nuño
Banco de España
Downloads 48 (406,989)

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Kolmogorov forward equation, calculus of variations, dynamic programming, heterogeneous agents

10.

Long-Run Growth and Demographic Prospects in Advanced Economies

Banco de Espana Occasional Paper No. 1206
Number of pages: 27 Posted: 06 Jul 2012
Banco de España, affiliation not provided to SSRN and Banco de España
Downloads 30 (481,869)

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Advanced economies, demography, convergence, endogenous growth

11.

Money Dynamics with Multiple Banks of Issue: Evidence from Spain 1856-1874

Banco de Espana Working Paper No. 1119
Number of pages: 40 Posted: 01 Sep 2011
Banco de España, Banco de España - Department of International Economics & International Relations and University of Cagliari
Downloads 25 (508,453)

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unregulated banking, Gresham’s law, lender of last resort, Overend and Gurney crisis

12.

A Twin Crisis With Multiple Banks of Issue: Spain in the 1860s

ECB Working Paper No. 1561
Number of pages: 40 Posted: 12 Aug 2013
University of Cagliari, Banco de España and Banco de España - Department of International Economics & International Relations
Downloads 22 (525,952)

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sudden stop, lender of last resort, financial crisis, Overend, Gurney and Co.

13.

Does TFP Drive Housing Prices? A Growth Accounting Exercise for Four Countries

Banco de Espana Working Paper No. 1133
Number of pages: 15 Posted: 05 Dec 2011
Alessio Moro and Galo Nuño
University of Cagliari and Banco de España
Downloads 21 (531,856)
Citation 14

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housing prices, TFP, growth accounting, Cobb-Douglas

14.
Downloads 15 (556,174)
Citation 1

Financial Frictions and the Wealth Distribution

PIER Working Paper No. 19-015, September 2019
Number of pages: 70 Posted: 18 Sep 2019
University of Pennsylvania - Department of Economics, Banco de España and Banco de España
Downloads 15 (590,168)

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heterogeneous agents; aggregate shocks; continuous-time; machine learning; neural networks; structural estimation; likelihood functions

15.

Saudi Arabia and the Oil Market

The Economic Journal, Vol. 123, Issue 573, pp. 1333-1362, 2013
Number of pages: 30 Posted: 15 Dec 2013
Anton Nakov and Galo Nuño
European Central Bank (ECB) and Banco de España
Downloads 0 (687,442)
Citation 4
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