Trading Choices (with Lucas Dyskant and Bruno Sultanum)
Invited resubmission, Review of Finance
The Volcker rule and the liquidity premium in corporate bond markets (with Lucas Dyskant and Bruno Sultanum)
The Labor Share and the Monetary Transmission (with Bernardino Adao and Joao Gama)
Spending a Windfall (with N. Palma)
International Economic Review, 65(1): 283-313, 2024 (link, open access)
VoxEU Column (CEPR policy portal)
APHES Award (Portuguese economic and social history association)
Government Financing, Inflation, and the Financial Sector (with B. Adao)
Economic Theory, 71: 1357-1396, 2021 (open link, journal link)
Results 30-second animation
Asset Pricing Implications of Money: New Evidence (with P. Maio)
Journal of Banking and Finance, 120, 105956, 2020 (link)
The Effect of Firm Cash Holdings on Monetary Policy (with B. Adao)
European Economic Review, 128, 103508, 2020 (link)
Real Transfers and the Friedman Rule (with B. Adao)
Economic Theory, 67(1): 155-177, 2019 (open link, journal link)
Rebalancing Frequency and the Welfare Cost of Inflation
American Economic Journal: Macroeconomics, 4(2): 153-183, 2012 (link)
Incentives to Innovate and the Decision to Go Public or Private (with D. Ferreira and G. Manso)
Review of Financial Studies, 27(1): 256-300, 2014, (link)
Managerial Ability and Capital Flows
Journal of Development Economics, 93(1): 126-136, 2010 (link)
Can a Search Model Predict the Effects of an Increase in the Benefit Duration? Evidence from the Portuguese Unemployment Insurance Reform (with A. Novo)
IZA Journal of Labor Policy, 6:3, 2017. (html, open link)
Inflation and Stock Returns at B3 (with C. Chaves)
Brazilian Review of Finance, 16(4): 521-544, 2018 (lead article), (PDF)
Increased Strength of Monetary Policy (with B. Adao)
Economic Bulletin and Financial Stability Report, Banco de Portugal, 1(2): 3-20, 2015
Welfare Costs of Inflation with Distortionary Taxation (with B. Adao)
Economic Bulletin and Financial Stability Report, Banco de Portugal, 18(1): 75-85, 2012
Taxes and Labor Supply: Portugal, Europe, and the United States
Portuguese Economic Journal, 7(2): 101-124, 2008 (open link)
Taxes and Labor Supply: Portugal, Europe, and the United States (Conference Version)
III Conference Portuguese Economic Development in the European Context, Bank of Portugal. Conference version (see the journal version for additional implications)
Monetary and Wage Policies in the Euro Area
Journal of Economic Literature, 45(3): 751-752, 2007
Lévy Processes and the Brazilian Market (with J. Barbachan and A. Schuschny)
Brazilian Review of Econometrics, 21(2): 263-289, 2001
Financial Frictions and Interest Rate Shocks (with B. Adao)
Individual and Aggregate Money Demands