Research Papers
Research Papers
Industrial Policies for Innovation: A Cost-Benefit Framework. IMF Economic Review, 2025
with Daniel Garcia-Macia
Policy brief (European Money and Finance Forum) [link]
Faculti Interview [link]
Previous version: IMF WP
The Fiscal Monitor chapter related to this paper was awarded an Albie Award for one of the best works in Political Economy in 2024
Does information Change Public Support for Climate Mitigation Policies? Climate Policy, 2024
with Era Dabla-Norris, Salma Khalid, and Giacomo Magistretti
Wage-Price Spirals: What is the Historical Evidence? Economica, 2024
with Jorge Alvarez, John Bluedorn, Niels-Jakob Hansen, Youyou Huang, and Evgenia Pugacheva
Dataset [Harvard Dataverse]
Previous version: IMF WP
IMF blog: Wage-Price Spiral Risks Still Contained, Latest Data Suggests
Media coverage: Bloomberg; El Pais; New York Times; The Economist
Who Doesn’t Want to be Vaccinated? Determinants of Vaccine Hesitancy During COVID-19. Covid Economics, 2021
with Era Dabla-Norris, Hibah Khan, and Frederico Lima
Forecasting the Yield Curve for the Euro Region. Economics Letters, 2012
with Benjamin Tabak, Guilherme Gomes, and Daniel Cajueiro
R&D Subsidies and the Geography of Innovation. Working Paper, 2025
with Felipe Camelo
Earlier version: Agglomeration, Innovation, and Spatial Reallocation: the Aggregate Effects of R&D Tax Credits. IMF Working Paper, 2022
Minimum Wage, Business Dynamism, and the Life Cycle of Firms. IDB Working Paper, 2024
with André Victor Luduvice and Tomás Martinez
Profit Puzzles and the Fall of Public-Firm Profit Rates. Working Paper, 2024
with Carter Davis and James Traina
Previous version: Kelley School of Business Working Paper
Presentation: NBER Summer Institute 2023 [slides]
Managers and Productivity in Retail. NBER Working Paper, 2023 [Revision requested by Journal of Political Economy]
with Robert Metcalfe and Chad Syverson
Presentation: NBER Summer Institute 2022 [slides]
Media Coverage: Marginal Revolution, Becker Friedman Institute Research Brief
Sovereign Debt Restructuring and Reduction in Debt-to-GDP Ratio. Working Paper, 2023 [Conditionally accepted by American Economic Journal: Macroeconomics]
with Sakai Ando, Tamon Asonuma, and Prachi Mishra
Presentation: DebtCon7 [slides]
Geo-economic Fragmentation and Commodity Markets. IMF Working Paper, 2023
with Jorge Alvarez, Mehdi Benatiya Andaloussi, Chiara Maggi, Martin Stuermer, and Petia Topalova
Size Dependent Policies, Informality, and Misallocation. IMF Working Paper, 2018
with Era Dabla-Norris, Laura Jaramillo, and Frederico Lima
Commodity Trade Fragmentation and Market Power
with Chiara Maggi and David Shin
Public Support for Climate Change Mitigation Policies: A Cross Country Survey. IMF Working Paper, 2023
with Era Dabla-Norris, Salma Khalid, and Giacomo Magistretti
Digitalization and Social Protection: Macro and Micro Lessons for Vietnam. IMF Working Paper, 2022
with Amr Hosny
Household Vulnerability to Income Shocks in Emerging and Developing Asia: the Case of Cambodia, Nepal, and Vietnam. IMF Working Paper, 2022
with Alessia De Stefani and Athene Laws
Industrial Policies for Innovation: A Cost-Benefit Framework
Faculti Interview, Nov 2024
SUERF Policy Brief No 993, October 2024
with Daniel Garcia-Macia
Why Are Overall Profits Outpacing Financing Costs? Federal Reserve Bank of San Francisco Economic Letter, June 2024
Coverage: Macro Roundup, June 20, 2024
with Anton Bobrov, Carter Davis, and James Traina
Wage-Price Spirals: The Historical Evidence. VoxEU Column, November 2022
with Jorge Alvarez, John Bluedorn, Niels-Jakob Hansen, Youyou Huang, and Evgenia Pugacheva