my articles
My proposals for Europe
My passion for learning and sharing knowledge is central to everything I do, in academia and in politics.

Tackling inflation if it reappears
One lasting effect of the Global Crisis and the Covid-19 crisis will be a large increase in general government debt worldwide. This may lead to

In Spain, the diabolic loop is alive and well
Since the start of the crisis, the link between banks and their sovereigns has only been strengthening, with dire consequences for the periphery’s economies. To

A European Recovery or Trickery Fund?
The recovery and reconstruction of the European economy after the COVID-19 pandemic will be a huge, challenging task for the European Union, a task that

Towards a European Reconstruction Fund
The idea that Europe’s response to the economic crisis should be based on the issuance of common perpetual bonds has been slowly gaining ground, but

The COVID-19 bazooka for Jobs in Europe
test Faced with a huge increase in the number of COVID-19 cases, by now all EU governments have undertaken strategies of varying degrees to ‘flatten

Two proposals to resurrect the Banking Union: the Safe Portfolio Approach and SRB+
Paper prepared for ECB Conference on “Fiscal Policy and EMU Governance”, Frankfurt, 19 December 2019 Luis GaricanoMember of the European Parliament Professor of Economics and
academic Literature
- Garicano, Luis (2000). Hierarchies and the Organization of Knowledge in Production. Journal of Political Economy, 108(5), pp. 874-904.
- Garicano, Luis, Antras, Pol y Rossi-Hansberg, Estaban (2006). Offshoring in a Knowledge Economy. Quarterly Journal of Economics, 121(1), pp. 31-77.
- Garicano, Luis y Rossi-Hansberg, Estaban (2006). Organization and Inequality in a Knowledge Economy. Quarterly Journal of Economics, 121(4), pp. 1383-1435.
- Cremer, J., Garicano, L., & Prat, A. (2007). Language and the Theory of the Firm. The Quarterly Journal of Economics, 122(1), 373-407.
- Garicano, Luis, Bagües, Manuel y Fernández Villaverde, Jesús (2010). La Ley de Economía Sostenible y las Reformas Estructurales. Madrid: FEDEA.
- Bentolila, Samuel, Cabrales, Antonio, Fernández Villaverde, Jesús, Garicano, Luis, Rubio, Juan y Santos, Tano (2011). Nada Es Gratis: Como Evitar una Década Perdida tras la Década Prodigiosa. Barcelona: Destino.
- Garicano, Luis y van Zandt, Tim (2012). Jerarquías, en Gibbons, Robert y Roberts, John (editores) Handbook of Organizational Economics. Princeton: Princeton University Press.
- Garicano, Luis (2013). El Dilema de España. Barcelona: Península (5 ediciones).
- Fernández-Villaverde, J., Garicano, L., & Santos, T. (2013). Political credit cycles: the case of the Eurozone. Journal of Economic Perspectives, 27(3), 145-66.
- Bloom, N., Garicano, L., Sadun, R., & Van Reenen, J. (2014). The distinct effects of information technology and communication technology on firm organization. Management Science, 60(12), 2859-2885.
- Garicano, Luis y Rossi-Hansberg, Estaban (2015). Knowledge-Based Hierarchies: Using Organizations to Understand the Economy. Annual Review of Economics, 7, pp. 1-30.
- Garicano, Luis, Roldán, Toni (2015). Recuperar el Futuro: Doce Propuestas que Cambiaran España. Barcelona: Península.
- Brunnermeier, Markus K., Garicano, Luis, Van Nieuwerberg, Stijn, Lane, Philip, Pagano, Marco, Santos, Tano, Reis, Ricardo, Thesmar David y Vayanos, Dimitri (2016). The Sovereign-Bank Diabolic Loop and ESBies. American Economic Review Papers and Proceedings, pp. 508-512.
- Garicano, L., & Rayo, L. (2016). Why organizations fail: models and cases. Journal of Economic Literature, 54(1), 137-92.
- Garicano, L., Lelarge, C., & Van Reenen, J. (2016). Firm size distortions and the productivity distribution: Evidence from France. American Economic Review, 106(11), 3439-79.
- Garicano, L., & Rayo, L. (2017). Relational knowledge transfers. American Economic Review, 107(9), 2695-2730.
Garicano, L. (2020). The COVID-19 bazooka for jobs in Europe. Mitigating the COVID Economic Crisis: Act Fast and Do Whatever It Takes. CEPR PRESS, 129-138