Selected Publications

Consumption and Savings Decisions

Consumption and savings decisions: teaching the precautionary motive in intermediary macroeconomics courses (with Fernando Barros Jr and Thalita Calcini). Journal of Economics Teaching, 7, 1-17, 2022

Evaluating a consumption function with precautionary savings and habit formation under a general income process. The Quarterly Review of Economics and Finance, 76, 157-166, 2020.

Testing consumption optimality using aggregate data (with João Victor Issler). Macroeconomic Dynamics, 21 (5), 1119-1150, 2017.

Estimating the elasticity of intertemporal substitution taking into account the precautionary savings motive (with Priscila Fernandes Ribeiro). Journal of Macroeconomics, 45, 108-123, 2015.

Large estimates of the elasticity of intertemporal substitution: Is it the aggregate return series or the instrument list? (with Lourenço S. Paz). Economics Bulletin, 35, 168-181, 2015.

A note on uncertainty in savings decisions: can a naïve strategy be optimal? Macroeconomic Dynamics, 18 (6), 1428-1435, 2014.

Estimating the elasticity of intertemporal substitution: Is the aggregate financial return free from the weak instrument problem? (with Lourenço S. Paz). Journal of Macroeconomics, 36, 63–75, 2013.

Narrow replication of Yogo (2004) estimating the elasticity of intertemporal substitution when instruments are weak (with Lourenço Senne Paz). Journal of Applied Econometrics, 26 (7), 1215-1216, 2011.

Testing the permanent income hypothesis using unit root quantile autoregression tests. Applied Economics Letters, 18 (18), 1755-1758, 2011.

The effect of future income uncertainty in savings decision. Economics Letters, 98, 269–274, 2008.

Applied Econometrics

Government spending multipliers in good times and bad times: the case of emerging markets (with Sérgio Sakurai naruhiko and Gian Paulo Soave). Macroeconomic Dynamics, forthcoming.

The role of credit and housing shocks in emerging economies (with Gian Paulo Soave). Applied Economic Letters, 28, 1552-1557, 2021.

Convergence in income inequality: revisiting the case of Brazilian municipalities (with Gian Paulo Soave). Economics Bulletin , 39 (1), 166-175, 2019.

The effects of external and internal strikes on total factor productivity (with Pedro Ferreira, Antonio Galvão e Samuel Pessoa). The Quarterly Review of Economics and Finance, 50 (3), 298-309, 2010.

Hysteresis vs NAIRU and convergence vs divergence: the behavior of regional unemployment rates in Brazil (with Cleomar G. da Silva). The Quarterly Review of Economics and Finance, 49, 308–322, 2009.

Convergence in income inequality: the case of Brazilian municipalities. Economics Bulletin, 15 (15), 1-9, 2007.

Convergence or divergence in Latin America? A time series analysis (with Antonio Galvao). Applied Economics, 39, 1353–1360, 2007.