Caio Machado

I am an Assistant Professor at the Department of Economics of the Pontificia Universidad Católica de Chile. 

My main fields of interest are macroeconomics and finance.


E-mail: caiohm@gmail.com or caio.machado@uc.cl

CV: [pdf]

Working papers 

_________________________


Coordinating in Financial Crises

R&R at the Review of Economic Dynamics

[article, online appendix, replication files]


Uneven Recessions and Optimal Firm Subsidies

R&R at the Journal of Public Economics

[article]


Managing Overreaction During a Run

[article]


Potential Coordination Games with Timing Frictions

with Bernardo Guimaraes and Nicolas Souza

[article]


Trading for Bailouts

with Toni Ahnert and Ana Elisa Pereira

[article, CEPR WP


Competing for Stock Market Feedback

with Ana Elisa Pereira

[article]


Guarantees, Risk Taking and Market Freezes 

with Ana Elisa Pereira

[article]

Publications

_________________________


Optimal Capital Structure with Stock Market Feedback

with Ana Elisa Pereira

Review of Finance, 2023

[article, online appendix]


Covid-19 Contagion, Economic Activity and Business Reopening Protocols

with Alexandre Janiak and Javier Turen

Journal of Economic Behavior and Organization, 2021

[article, code]


Dynamic Coordination with Timing Frictions: Theory and Applications

with Bernardo Guimaraes and Ana Elisa Pereira

Journal of Public Economic Theory, 2020

[article]


Dynamic Coordination and the Optimal Stimulus Policies

with Bernardo Guimaraes

Economic Journal, 2018

[article, online appendix]


A Model of the Confidence Channel of Fiscal Policy

with Bernardo Guimaraes and Marcel Ribeiro

Journal of Money, Credit and Banking, 2016

[article]