Working papers

Fiscal triggers and debt-aware macroprudential policy (with Celso J. Costa Junior and Anderson M. Teixeira). in progress. (slides).

Fiscal stabilization under external vulnerability: Wage rigidity and exchange-rate defense in a small open economy (with Edilean Kleber da Silva Bejarano Aragon). Submitted.

Credit-market segmentation, monetary transmission, and fiscal-financial stress in a small open economy (with Bruno Ferreira Frascaroli and Karlos Rafael Soares Alves). Submitted.

Tourism booms, housing scarcity, and rent controls. In progress.

Reform sequencing after fiscal-financial crises: Banking repair, fiscal consolidation, and welfare (with Edilean Kleber da Silva Bejarano Aragon). In progress.

A Liz Truss moment? Unfunded tax-cut announcements and bond-market panic in a small open economy. In progress.

The long arm of the government on economic activity: Insights from US government shutdowns (with Celso J. Costa Junior, Karlo Marques Junior and Benedetto Molinari). In progress.

(Non)True inflation targeting and bounded memory (with Celso J. Costa Junior). In progress.

When climate meets fiscal dominance: Inflation and debt dynamics (with Kleiton Sousa da Silva). In progress.

Active or passive? Machine-learning classification of fiscal–monetary regimes in Brazil via MS-DSGE simulations (with Kleiton Sousa da Silva and Edilean B. Aragon). In progress.

Digging underground: The fiscal cost of informality in Spain  (with Mario Solís-García and Jesús Rodríguez-Lopez). In progress.

The underappreciated Salter-Swan model (with Miguel Lebre de Freitas). In progress.

Is Bitcoin effective in mitigating sanctions? A DSGE analysis (with Celso J. Costa Junior and David Tercero Lucas). In progress.