Tiago Cavalcanti's Research Website

Working Papers

"Family Planning and Development:Aggregate Effects of Contraceptive Use". Submitted. Joint with Georgi Kocharkov and Cézar dos Santos

"On The Determinants of Slum Formation". Revise resubmit, Economic JournalJoint with Daniel da Mata and Marcelo dos Santos

"(Mis)Allocation Effects of an Overpaid Public SectorRevise resubmit, Journal of the European Economic Association. Joint with Marcelo dos Santos

"Winning the Oil Lottery: The Impact of Natural Resource Extraction on Growth". Revise and resubmit, Journal of Economic Growth. Joint with Daniel da Mata and Frederik Toscani
Companion video with the geographic distribution of drilling activity in Brazil from 1940-2000:  https://www.youtube.com/watch?v=_ZKdnUeBcOI

"Less Inequality, More Welfare? A Structural Quantitative Analysis for Brazil". Submitted. Joint with António Antunes and Juliana Guimarães.

Main Publications

"Growth and Human Capital: A Network Approach" (2017). Economic Journal, 127(603): 1279-1317. Joint with Chryssi Giannitsarou.

"Network Cohesion" (2017). Economic Theory, 64(1): 1-21. (Lead article.) Joint with Chryssi Giannitsarou and Charles Johnson.

"Access to Long-Term Credit and Productivity of Small and Medium Firms: A Causal Evidence" (2017) Economics Letters, 150(C): 21-25. Joint with Paulo Vaz.

"The Output Cost of Gender Discrimination: A Model-Based Macroeconomic Estimate" (2016). Economic Journal, 126(590): 109-134. Joint with José Tavares.  Press coverage: Time MagazineVoxEU analysis.

"The Effects of Credit Subsidies on Development" (2015). Economic Theory, 58(1): 1-30. (Lead article.) Joint with António Antunes and Anne Villamil. Note with results for the Brazilian calibration. Related article on Brazilian Newspaper Valor Econômico.

"Commodity Price Volatility and the Sources of Growth" (2015). Journal of Applied Econometrics, 30(6): 857-873. Online data supplement. Joint with Kamiar Mohaddes and Mehdi Raissi.  

"The Welfare Gains of Financial Liberalization: Capital Accumulation and Heterogeneity" (2013)Journal of the European Economic Association, 11(6): 1348-1381. Joint with António Antunes.  Extended version with the computation method and some sensitivity analysis.
"Costly Intermediation & Consumption Smoothing" (2013).   Economic Inquiry51 (1): 459-472. Joint with António Antunes and Anne Villamil.

"Women Prefer Larger Governments:  Growth, Structural Transformation and Government Size" (2011). Economic Inquiry, 49(1): 155-171. Joint with José Tavares.

"Cheap Home Goods and Persistent Inequality" (2010)Economic Theory, 45 (3): 417-451. Joint with Joanna Alexopoulos.

"Assessing the "Engines of Liberation": Home Appliances and Female Labor Force Participation" (2008).  Review of Economics and Statistics90 (1)81-88. Joint with José Tavares.

"The Effect of Financial Repression & Enforcement on Entrepreneurship and Economic Development" (2008).  Journal of Monetary Economics55 (2): 278-297. Joint with António Antunes and Anne Villamil.

"Computing General Equilibrium Models with Occupational Choice and Financial Frictions" (2008). Journal of Mathematical Economics, 44 (7-8): 553-568. Joint with António Antunes and Anne Villamil.

"Start Up Costs, Limited Enforcement, and the Hidden Economy" (2007), European Economic Review57 (1): 203-224. Joint with António Antunes.

"Religion in Macroeconomics: A Quantitative Theory of Weber's Hypothesis" (2007). Economic Theory, 32 (1): 105-123. Joint with Stephen L Parente and Rui Zhao.

"Layoff Costs, Tenure, and the Labor Market" (2004). Economics Letters, 84 (3): 383-390.

"The Optimal Inflation Tax and Structural Reform(2003).  Macroeconomic Dynamics, 7(3): 333-362. Joint with Anne Villamil.

Other Publications (Case Studies, Policy Papers, Book Chapters)

"Macroeconomic effects of oil price shocks in Brazil and in the United States," (2013). Applied Energy, 104(C): 475-486. Joint with João Tovar.

"Impactos de Longo Prazo de Reformas Fiscais sobre a Economia Brasileira," Revista Brasileira de Economia66(2): 247-269. Joint with Pollyana Jucá and Nelson Leitão.

"Growth, Development and Natural Resources: New Evidence Using a Heterogeneous Panel Analysis" (2011)Quarterly Review of Economics and Finance, 51(4): 305-318. (Lead article.) Joint with Kamiar Mohaddes and Mehdi Raissi.

"Does Oil Abundance Harm Growth?" (2011).  Applied Economics Letters, (2011), 18 (1-2):1181-1184. Joint with Kamiar Mohaddes and Mehdi Raissi.

"Barriers to Skill Acquisition in Brazil: Public and Private School Students Performance in a Public University Entrance Exam" (2010). Quarterly Review of Economics and Finance50 (4): 395-407. (Lead article.) Joint with Juliana Guimarães and Breno Sampaio.

"Cash Transfers and the Labor Market" (2010).  Revista Brasileira de Economia, (2010), 64 (2): 175-190. Joint with Márcio Corrêa.

"Brazil's Lack of Growth(2009). In: "Brazil under Lula", W. Baer and J. Love eds. Palgrave.  Joint with Jocildo Bezerra.

"Is Brazil the Land of Happiness?" (2009) . Brazilian Review of Econometrics, 29 (1). Joint with Juliana Guimarães and José Nogueira.

 "Tributos sobre a Folha ou sobre o Faturamento? Efeitos Quantitativos Para o Brasil," Revista Brasileira de Economia, 62(3): 249-261.

"Institutions and Economic Development in Brazil"  (2008).  Quarterly Review of Economics and Finance, 48 (2): 412-432. Joint with André Magalhães and José Tavares.

"Business Cycle and Level Accounting: The Case of Portugal" (2007).  Portuguese Economic Journal, 6 (1): 47-64.

"Institutions and Economic Development: How Strong Is the Relation?" (2005). Empirical Economics, 30(2): 263-276. (Lead article.) Joint with Álvaro Novo. 

"Corruption, Credit Market Imperfections, and Economic Development" (2003).   Quarterly Review of Economics and Finance,  4(43): 627-642. Joint with António Antunes.

"Child Labor and School PoliciesRevista Brasileira de Economia, (2003), 57 (4).

"Economic Integration without Policy Coordination: The Case of Mercosur" (2002).  Emerging Market Review, 3: 269-291. Joint with Werner Baer and Peri Silva.  

"Health in the Development Process: The Case of Brazil" (2001).  Quarterly Review of Economics and Finance, 41(3): 405-426. Joint with Werner Baer and Antônio Campino.