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

A proposal for the design of a Carbon Border Adjustment Mechanism
In March 2021, the European Parliament approved a specific proposal for the introduction of a WTO-compatible Carbon Border Adjustment Mechanism (CBAM), a key element to

AFME Speech: “Addressing the SME Solvency Crisis”
Good afternoon to all of you,Thank you to the Association for Financial Markets in Europe for inviting me to this event. Itis a great honor

Europe is not a cash machine
The recovery and reconstruction of the European Economy after COVID19 will be a huge task for the European Union, a task that will require difficult

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

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