"Local bias: New evidence from day traders" with Bruno Giovannetti and Guilherme Paiva.
"The overpricing of popular high-risk stocks" with Bruno Giovannetti and Bernardo Guimarães.
best paper award, Brazilian Econometric Society Meeting, 2021
"Attention and Biases: Evidence from Tax-inattentive Investors" with Justin Birru, Rodrigo De-Losso and Bruno Giovannetti.
R&R at Management Science
best paper award, Brazilian Econometric Society Meeting, 2018
presented at: 2020 WFA Meeting, SFS Cavalcade North America 2020
"Day trading for a Living?" with Rodrigo De-Losso and Bruno Giovannetti
"Price transparency in OTC equity lending markets: Evidence from a loan fee benchmark" with Fábio Cereda, Rodrigo De-Losso, Alan Genaro, Bruno Giovannetti. Journal of Financial Economics. Volume 143, January, 2022. Pages 569-592.
"The short-selling skill of institutions and individuals" with Rodrigo De-Losso and Bruno Giovannetti. Journal of Banking & Finance. Volume 101, April, 2019. Pages 77–91. (internet appendix).
"Well-Connected short-sellers pay lower loan fees: a Market-wide analysis" with Rodrigo De-Losso, Alan De Genaro, and Bruno Giovannetti. Journal of Financial Economics, Volume 123, March, 2017. Pages 646–670.
Haralambos Simeonidis Award, ANPEC, 2018
"Forecasting the brazilian yield curve using forward-looking variables" with Fausto Araújo and Marcelo Fernandes. International Journal of Forecasting, Volume 33, Issue 1, 2017. Pages 121–131.
"Short-sellers: informed but restricted" with Rodrigo De-Losso, Alan De Genaro, and Bruno Giovannetti. Journal of International Money and Finance, Volume 47, October 2014, Pages 56–70.
"Retorno esperado dos COEs" with Otávio Bitu, Bruno Giovannetti, Tomaz Hamdan. Brazilian Review of Finance, Vol 19(2), June 2021. Pages 1-26.
"Day-trading stocks for a living?" with Bruno Giovannetti. Brazilian Review of Finance, Vol 18(3), 2020. Pages 1-4. (another short note on day-trading)
"Attention-grabbing stocks and the behavior of individual investors in Brazil" with Bruno Giovannetti and Anthony Silva. Brazilian Review of Finance, Vol 18(1), 2020. Pages 1-22.
"Variance premium and implied volatility in a low-liquidity option market" with Eduardo Astorino, Bruno Giovannetti, and Marcos Eugênio da Silva. Revista Brasileira de Economia, 71(1), 2017. Pages 3–28.
"Central bank communication affects the term-structure of interest rates" with Rodrigo De-Losso, Bruno Giovannetti and Paulo Manoel. Revista Brasileira de Economia, 69(2), 2015. Pages 147–162.
Ph.D. economics, University of North Carolina, USA, 2012
M.S. economics, São Paulo School of Economics - FGV, Brazil, 2007
B.A. economics, University of São Paulo, Brazil, 2003
asset pricing (PhD program; 2014-2020)
financial econometrics (undergraduate and master; 2015-2020)
introduction to finance (undergraduate; 2018-2019)
introduction to stochastic calculus (undergraduate; 2018-2020)
investments (master; 2018)
corporate finance (undergraduate; 2017)
econometrics (undergraduate; 2016)
macroeconomics (undergraduate; 2013-2015)