International Publications

Do the rich save more? Evidence from Brazil (with Zabot, Udilmar Carlos). Oxford Economic Papers,  forthcoming.

Revisiting the Welfare Costs of Consumption Fluctuations and Reduced Growth: What Matters Most to Consumers? (with Barros Jr, F. A.; Couto, G. T.). Economic  Modelling,  v. 148, 107074,  2025.

The welfare costs of business cycles unveiled: Measuring the extent of stabilization policies (with Barros, Fernando; Luduvice, André Victor D.). European Economic Review, v. 169, 104822, 2024.

Flexible Markov-switching models with evolving regime-specific parameters: an application to Brazilian business cycles (with Melo, L. C. M.; Soave, Gian Paulo). Applied Economics, v. 56, p. 1705-1722, 2024.

On the welfare costs of business cycles: Beyond nondurable goods (with Barros Jr, F. A.; Couto, G. T.). Journal of Macroeconomics, v. 78, p. 103560, 2023.

Consumption and savings decisions: Teaching the precautionary motive in intermediary macroeconomics courses (with Barros Jr, F. A.; Calcini, T. S.). Journal of Economics Teaching, v. 7, p. 1-17, 2022.

Government spending multipliers in good times and bad times: The case of emerging markets (with Sakurai, Sergio Naruhiko; Soave, Gian Paulo). Macroeconomic Dynamics, v. 26, p. 726-768, 2022.

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

Testing consumption optimality using aggregate data (with Issler, João Victor). Macroeconomic Dynamics, v. 21, p. 1119-1140, 2017.

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

A note on uncertainty in savings decisions: Can a naïve strategy be optimal? Macroeconomic Dynamics, v. 18, p. 1428-1435, 2014.

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

The effects of external and internal shocks on total factor productivity (with Galvao Junior, A. F.; Ferreira, P. C.; Pessoa, S. A.). The Quarterly Review of Economics and Finance, v. 50, p. 298-309, 2010.

Hysteresis versus NAIRU and convergence versus divergence: The behavior of regional unemployment rates in Brazil (with Silva, C. G.). The Quarterly Review of Economics and Finance, v. 49, p. 308-322, 2009.

Convergence or Divergence in Latin America? A Time Series Analysis (with Galvao Junior, A. F.). Applied Economics , v. 39, p. 1353-1360, 2007.

Short Papers

Do consumption categories respond differently to indebtedness shocks across business cycle stages? (with Barros Jr, F. A.; Delalibera, B.; Galle, J.). Applied Economics Letters,  forthcoming.

Durable and Nondurable Consumption Responses to Indebtedness Shocks: A Cross-Country Analysis (with Barros Jr, F. A.; Delalibera, B.; Galle, J.). Economics Bulletin, forthcoming.

Government, Taxation and Economic Complexity (with Barros Jr, F. A.; Brotherhood, L.; Rangel, V.). Applied Economics Letters, v. 29, p. 68-71 , 2025.

Geopolitical risk shocks and the Brazilian economy (with Barros Jr, F. A.; Soave, Gian Paulo). Applied Economics Letters, v. 30, p. 2803-2807, 2023.

Consumption function: Nondurable and durable goods. Economics Bulletin, v. 42, p. 965-970, 2022.

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

Convergence in income inequality: Revisiting the case of Brazilian municipalities (with Soave, G. P.). Economics Bulletin, v. 39, p. 166-175, 2019.

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

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

Narrow replication of Yogo (2004) Estimating the elasticity of intertemporal substitution when instruments are weak (with Paz, L. S.). Journal of Applied Econometrics, v. 26, p. 1215-1216, 2011.

Hysteresis versus Natural Rate of Unemployment in Brazil and Chile (with Silva, C. G.). Applied Economics Letters, v. 15, p. 53-56, 2008.

The Effect of Future Income Uncertainty in Savings Decisions (with Gomes, F. A. R.). Economics Letters, v. 98, p. 269-274, 2008.

The Feldstein-Horioka Puzzle in South American Countries: A Time-Varying Approach (with Ferreira, A. H. B.; Jesus Filho, J.). Applied Economics Letters, v. 15, p. 859-863, 2008.

Convergence in Income Inequality: The Case of Brazilian Municipalities (with Gomes, F. A. R.). Economics Bulletin, v. 15, p. 1-9, 2007.

Can Real Exchange Rate Devaluation Improve the Trade Balance? The 1990-1998 Brazilian Case (with Paz, L. S.). Applied Economics Letters, v. 12, p. 525-528, 2005.