Luca Fornaro

Luca Fornaro is a Junior Researcher at CREI, Adjunct Professor at Universitat Pompeu Fabra (UPF), and Research Professor at the Barcelona GSE. He is also a Research Affiliate at the Center for Economic Policy Research (CEPR) in London, and has been a Visiting Scholar at the Bank of England. He has a PhD from the London School of Economics. His research interests include international macroeconomics, monetary economics and economic growth.

By this expert

Stagnation Traps

Paper Conference paper | | Dec 2017

We provide a Keynesian growth theory in which pessimistic expectations can lead to very persistent, or even permanent, slumps characterized by high unemployment and weak growth.

Featuring this expert

Is Slow Growth the “New Normal”?

If So, What Are the Policy Solutions?

Event Conference | Hosted by Secular Stagnation | Dec 15, 2017

Distinguished Scholars Including Larry Summers and Adair Turner Present Evidence of the Trend and Policy Solutions