Northwestern University  
Guido Lorenzoni

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Department of Economics
Northwestern University
2001 Sheridan Road
Evanston, Illinois 60208, USA

Office: Arthur Andersen Hall, Room 319

Phone: 847-491-8217




Moral Hazard Misconceptions: the Case of the Greenspan Put
with Gideon Bornstein
October 2016

House Prices and Consumer Spending
with David Berger, Veronica Guerrieri, and Joe Vavra
August 2016

Slow Moving Debt Crises
with Iván Werning
December 2014

Credit Crises, Precautionary Savings, and the Liquidity Trap
with Veronica Guerrieri
April 2016

Beauty Contests and Irrational Exhuberance: A Neoclassical Approach
with George-Marios Angeletos and Alessandro Pavan
March 2010

Financial Integration and Liquidity Crises
with Fabio Castiglionesi and Fabio Feriozzi
June 2015

Financial Frictions, Investment and Tobin's q
with Dan Cao and Karl Walentin
October 2007


International Financial Crises
Handbook of International Economics, eds. G. Gopinath, E. Helpman, K. Rogoff, forthcoming

Decentralized Trading with Private Information
with Michael Golosov and Aleh Tsyvinski
Econometrica, May 2014, 82(3): 1055-1091

Persistent Appreciations and Overshooting: A Normative Analysis
with Ricardo J. Caballero,
IMF Economic Review, April 2014, 62(1): 1-47

A Theory of Capital Controls as Dynamic Terms-of-Trade Manipulation
with Arnaud Costinot and Iván Werning,
Journal of Political Economy, February 2014, 122(1): 77-128

News, Noise, and Fluctuations: An Empirical Exploration
with Olivier J. Blanchard and Jean-Paul L'Huillier,
American Economic Review, December 2013, 103(7): 3045-70

Why Do Emerging Economies Borrow Short Term?
with Fernando Broner and Sergio Schmuckler
Journal of the European Economic Association, January 2013, 11(1): 67-100

News and Aggregate Demand Shocks
Annual Reviews, September 2011, 3: 537-57

Optimal Monetary Policy with Uncertain Fundamentals and Dispersed Information
Review of Economic Studies, January 2010, 77(1), 305-338

A Theory of Demand Shocks
American Economic Review, December 2009, 99(5): 2050-84

Liquidity and Trading Dynamics
with Veronica Guerrieri
Econometrica, November 2009, 77(6): 1751-1790

Bubbles and Self-Enforcing Debt
with Christian Hellwig
Econometrica, July 2009, 77(4): 1137-1164

Inefficient Credit Booms
Review of Economic Studies, July 2008, 75(3): 809-833