Claudio Ferraz

Itaú-Unibanco Associate Professor of Entrepreneurship and Economic Development 

Department of Economics PUC-Rio

Email: cferraz [at]

Em português 

Google scholar profile

Curriculum Vitae

Research Fellow: 

Bureau for Research and Economic Analysis of Development (BREAD)

Research Affiliate:  

Poverty Action Lab (J-PAL),

Experiments in Governance and Politics (E-GAP)

International Growth Center (IGC)


Seminar PUC-Rio


Fighting Political Corruption: Evidence from Brazil, with Frederico Finan. December 2016, forthcoming in Eds. K. Basu and T. Cordella "Institutions, Governance, and the Control of Corruption"

Khemani, Stuti; Dal Bó, Ernesto; Ferraz, Claudio; Finan, Frederico S.; Stephenson Johnson, Corinne Louise; Odugbemi, Adesinaola Michael; Thapa, Dikshya; Abrahams, Scott David. 2016 Washington, D.C. : World Bank Group.    

Human Capital Persistence and Development, with Rudi Rocha and Rodrigo Soares. August 2016. Forthcoming American Economic Journal: Applied Economics. 

Corrupting Learning: Evidence from Missing Federal Education Funds in Brazil ,with Frederico Finan and Diana B. Moreira. Journal of Public Economics, October 2012, Vol.96, Issues 9-10: 712-726. 

Electoral Accountability and Corruption: Evidence from the Audit Reports of Local Governmentswith Frederico Finan. American Economic ReviewJune 2011, Vol.101:1274-1311.                                             

Exposing Corrupt Politicians: The Effect of Brazil’s Publicly Released Audits on Electoral Outcomes, with Frederico FinanQuarterly Journal of EconomicsMay 2008, Vol. 123, No. 2: 703–745.  

Working Papers

Money and Politics: Estimating the Effects of Campaign Spending Limits on Political Entry and Selection, with Eric Avis and Frederico Finan, March 2017.

Do Government Audits Reduce Corruption? Estimating the Impacts of Exposing Corrupt Politicians, with Eric Avis and Frederico Finan, December 2016. Revise & Resubmit Journal of Political Economy

Political Dynasties and the Quality of Government, with Arthur Bragança and Juan Rios. August 2015. New version coming soon.

Learning to Select: Resource Windfalls and Political Accountability in Brazil, with Joana Monteiro. First version October 2010. New version coming soon.

Monopolizing Violence in Stateless Spaces: Evidence from the Pacification of Rio’s Favelaswith Joana Monteiro and Bruno Ottoni. July 2016. New version coming soon.

Technological Change and Labor Selection: Evidence from the Brazilian Soybean Revolution, with Arthur Bragança and Juliano Assunção. July 2014. New version coming soon.

Electoral Politics and Bureaucratic Discretion, December 2006. New version coming soon.

Work in Progress

Political Alignment and Credit Favoritism, with João Manoel P. De Mello and Sérgio Leão. May 2013. New version coming soon.

Persistence of Political Power and Economic Development, with Frederico Finan

Electoral Returns to Violence Control: Evidence from the Pacification of Brazilian Slums 

Incentives to Teach: The Effects of Pay-for-Performance in Education, with Barbara Bruns

Does Autonomous Spending Work? Evidence from a Direct Cash to Schools Program, with Joana Costa

Revenue Windfalls and Social Unrest, with Fernando Aragon and Pavel Coronado  

Policing Slums: Measuring the Effects of Extending the Rule-of-Law for the Poor, with Sergio Ferreira and Rodrigo Soares