Selected Publications:
Consequences of Fiscal Risk to Optimal Monetary Policy (with Otávio Teixeira). Journal of Money, Credit and Banking . 2026 forthcoming
Mathematical Modeling and Investigation on the Role of Demography and Contact Patterns in Social Distancing Measures Effectiveness in COVID-19 Dissemination (with Marco Ridenti, Lara K. Teles and Alexandre Maranhão). 2022. Mathematical Medicine and Biology [pdf]
The effects of high banking spreads in an informal economy (with Giovanni Merlin). Macroeconomic Dynamics, 25(2), 2021. (lead article). [pdf]
Household borrowing constraints and monetary policy in emerging economies (with Gustavo Arruda and Daniela Lima). The B. E. Journal of Macroeconomics: Contributions, v. 20, p. 1-21, 2020. [pdf]
A Time-Varying Markov-Switching Model for Economic Growth. (with Bruno Morier). Macroeconomic Dynamics, 20 (6), 1550-1580, 2016. [pdf] [codes and data].
A Test for Hysteresis in International Trade (with Ricardo Denadai) Review of Development Economics, v. 20, p. 583-598, 2016. [pdf]
Public Debt and the Limits of Fiscal Policy to Increase Economic Growth (with Caio Mussolini). European Economic Review, v.66, p.1-15, 2014 (lead article). [pdf]
Taylor Principle and Inflation Stability in Emerging Market Countries. (with Marta Zaidan) Journal of Development Economics, v. 91, p. 180-183, 2010. [pdf]
Fundamentals or Market Sentiment: What Causes Country Risk?. (with Maria Carolina Leme) Applied Economics, v. 42, p. 2577-2585, 2010 [pdf]
Monetary Policy and Country Risk. (with Joaquim Andrade) Applied Economics, v. 40, p. 2017-2024, 2008. [pdf]
Tourism and Poverty Relief. (with Adam Blake, Jorge Arbache, and Thea Sinclair) Annals of Tourism Research, v. 35, p. 107-126, 2008. [pdf]
An Empirical Model of the Brazilian Country Risk - An Extension of the Beta Country Risk Model. (with Joaquim Andrade) Applied Economics, v. 38, p. 1271-1278, 2006. [pdf]
Other Articles in Refereed Journals:
The Spending Cap and Monetary Transmission in a HANK Economy (with Gustavo Ribeiro and João Ricardo Costa Filho) forthcoming Brazilian Review of Econometrics.
Fiscal Multipliers in Bad Times: Does the Nature of a Recession Matter? (with Nicolas Borsoi) Brazilian Review of Econometrics, 2020.
Crédito e Desemprego no Brasil: 2002 a 2015. (with José Coelho Matos Filho) Pesquisa e Planejamento Econômico. 2020.
Environmental Protection and Economic Growth (with Ronaldo Arraes) Análise Econômica, 2019.
A Política Fiscal Expancionista que Contrai! (with Celso Costa Jr and Amanda Fantinatti) Análise Econômica, 2019.
Investment-Specific Technological Change and the Brazilian Macroeconomy (with Celso Costa Jr and Rafael Rosa) Brazilian Review of Econometrics, 2015 [working paper version].
Political Institutions as Substitute for Democracy: A Political Economy Analysis of Economic Growth (with Carlos Pereira) Brazilian Review of Econometrics, (lead article). 2013 [working paper version]
Política Monetária em Tempos de Crise (with Diogo P. Mendonça) Revista Brasileira de Economia, v. 67, n 4, (lead article). 2013. [pdf]
A Taxa Natural de Juros no Brasil (with Alessandra Ribeiro) EconomiA, 2013 [pdf].
Ciclos Reais e Política Fiscal no Brasil. (with Caio Mussolini) Estudos Econômicos, v.42, n.1, p.75-96, jan-mar 2012. [pdf]
Infrastructure and Productivity in Latin America: Is there a Relationship in the Long-Run?. (with Caio Mussolini) Journal of Economic Studies, v.39, n.1, pp.44-62, 2012. [pdf]
Human Capital and Innovation: Evidence from Panel Cointegration Tests. (with Renato Joiozo) Applied Economics Letters, v.18, n.17, 2011. [pdf]
Crime and Punishment with Habit Formation. (with Joaquim Andrade) Theoretical Economics Letters, v.1, n.3, 2011. [pdf]
A Política Monetária Brasileira sob o Regime de Metas de Inflação. (with Christian Balbino and Ernesto Colla) Revista Brasileira de Economia, v.65, n.2., 2011. [pdf]
Infra-estrutura e produtividade no Brasil. (with Caio Mussolini) Brazilian Journal of Political Economy, v. 30, p. 645-662, 2010. [pdf]
On the Purchasing Power Parity for Latin American Countries. with José Ângelo Divino and Joaquim Andrade) Journal of Applied Economics, v. XII, p. 33-54, 2009.[working paper version]
Public Debt Cyclicality and Long-Run Growth. (with Milene Takasago and Fernando Soares) Análise Econômica. v. 27, n.51, p. 179-185, 2009. [pdf]
Public Investment in Basic Education and Economic Growth. (with Joaquim Andrade) Journal of Economic Studies, v. 35, p. 352-364, 2008. [pdf]
Convergência regional brasileira revisitada. (with Pedro Jucá Maciel and Joaquim Andrade) Pesquisa e Planejamento Econômico, v. 38, p. 37-65, 2008. [pdf]
Institutional Quality and Endogenous Economic Growth. Journal of Economic Studies, v. 34, n. 1, p. 29-41, 2007. [pdf]
Política Monetária e Ciclos Regionais no Brasil: Uma Investigação das Condições para uma Área Monetária Ótima (with Mauro Miranda). Estudos Econômicos, v. 36, n. 2, p. 263-291, 2006. [pdf]
Reformas Tributária e Previdenciária e a Economia Brasileira no Longo Prazo (with Joaquim Andrade) Revista Brasileira de Economia, v. 60, n. 1, p. 87-107, 2006. [pdf]
O Regime de Metas de Inflação do Brasil é Crível?. (with Joana Nemoto) Revista Brasileira de Economia, v. 59, n. 3, p. 483-505, 2005. [pdf]
Choques Cambiais, Política Monetária e Equilíbrio Externo da Economia Brasileira em um Ambiente de Hysteresis. Brazilian Journal of Applied Economics, v. 9, n. 3, p. 415-426, 2005. [pdf]
Ciclos Econômicos e Métodos de Filtragem: Fatos Estilizados para o Caso Brasileiro (with Paulo Springer, Michel Gomes, Nelson Paes and André Cavalcanti). EconomiA, ANPEC, v. 6, n. 2, p. 291-328, 2005. [pdf]
The Role of Human Capital in Economic Growth. Applied Economics Letters, 15 July, v. 12, n. 9, p. 583-587, 2005. [pdf]
The Effects of Macroeconomic Policies on Crime. Economics Bulletin, v. 11, p. 1-9, 2004. [pdf]
Efeitos do Capital Social e do Capital Político no Desenvolvimento Econômico: Simulações para Países e Estados Brasileiros (with Ronaldo Arraes and Ricardo Barreto). Análise Econômica, 2004. [pdf]
Qualidade Institucional, Desigualdade de Renda e Desenvolvimento Econômico. (with Ronaldo Arraes) Estudos Econômicos, v. 33, 2003. [abstract]
The Political Economy of Rural Credit: The Case of Brazil. (with Ronaldo Arraes) Brazilian Journal of Business Economics, v. 2, 2002.
An Empirical Test on Economic Growth Path: Developing versus Developed Countries. (with Ronaldo Arraes) Revista de Gestão e Economia, p. 18-30, 2002.
Institucionalizando a Pobreza das Nações: Uma Investigação Empírica a Partir de Dados em Painel. (with Ronaldo Arraes) Revista Econômica do Nordeste, v. 32, 2001.[pdf]
Política Fiscal e Crescimento Econômico: Aspectos Teóricos e Evidências Empíricas para as Regiões Brasileiras. (with Ronaldo Arraes) Revista Econômica do Nordeste, v. 32, 2001. [pdf]
Endogeneidade versus Exogeneidade do Crescimento Econômico: Uma Análise Comparativa entre Nordeste, Brasil, e Países Selecionados. (with Ronaldo Arraes) Revista Econômica do Nordeste, v. 31, 2000. [pdf]
Qualidade Institucional e Crescimento Econômico. (with Ronaldo Arraes) Revista Econômica do Nordeste, v. 31, 2000.[pdf]
Trajetória Recente da Inadimplência Rural: Nordeste versus Brasil. (with Ronaldo Arraes) Revista Econômica do Nordeste, v. 30, p. 402-418, 1999.[pdf]