Dimas Fazio

Assistant Professor of Finance, NUS Business School

Hi, I am Dimas Fazio, and I am currently an Assistant Professor in the Department of Finance at the National University of Singapore (NUS) Business School.

I completed my Ph.D. in Finance at London Business School in 2020. I earned a Master's degree in Economics at the University of São Paulo in 2014 and a Bachelor's degree in Economics at the University of Brasília in 2012. I am interested in the fields of Empirical Corporate Finance, Public Economics, Banking, Networks, and Labor Economics.

Curriculum Vitae

If you have any questions or comments, feel free to contact me.

RA opportunity: I am currently looking for new research assistants who have knowledge or familiarity with the Portuguese language. If you are interested, please feel free to send me your CV and contact me at dimasfazio@nus.edu.sg

Contact Me

Google Scholar

SSRN

Main Published and Accepted Papers

The Two Sides of Discretion: Assessing Efficiency and Quality in Government Purchases

Accepted, American Economic Journal: Economic Policy, 2026

Unemployment Insurance as a Subsidy to Risky Firms with B. Doornik, D. Schoenherr, and J. Skrastins

Review of Financial Studies, 2022

Inflation targeting and financial stability: Does the quality of institutions matter? with B. Tabak, T. Silva and D. Cajueiro

Economic Modelling, 2018

Inflation targeting: Is IT to blame for banking system instability? with B. Tabak and D. Cajueiro

Journal of Banking & Finance, 2015

A geographically weighted approach to measuring efficiency in panel data: The case of US saving banks with B. Tabak and R. Miranda

Journal of Banking & Finance, 2013

Systemically important banks and financial stability: The case of Latin America with B. Tabak and D. Cajueiro

Journal of Banking & Finance, 2013

The relationship between banking market competition and risk-taking: Do size and capitalization matter? with B. Tabak and D. Cajueiro

Journal of Banking & Finance, 2012

The effects of loan portfolio concentration on Brazilian banks’ return and risk with B. Tabak and D. Cajueiro

Journal of Banking & Finance, 2011

Working Papers

Housing Collateral Reform and Economic Reallocation - with T. Silva (IMF)

Revise & Resubmit at the Review of Financial Studies

Presented at: Real Estate Finance and Investment Symposium 2022, FIRS 2022, MFA 2022, NFA 2021, Seminarios SBE de Economia Aplicada (Video in Portuguese) CEPR Endless Summer 2021, EBFin-Brazil 2021, EFiC 2021, AMES 2021, Singaporean Scholars Symposium 2021, Purdue University 2020, BI-Norwegian 2020, NUS 2020, HKUST 2020, CUHK 2020, AFCB 2019, HEC-Paris PhD Workshop 2019, XIII Annual Conference on Financial Stability and Banking 2019, Institute of Innovation & Entrepreneurship Symposium 2019, 1st LBS Alumni Workshop 2019

Financially Constrained Procurement - with E. Bisetti (HKUST), Y. Chang (NUS), A. Sarkar (NUS)

Revise & Resubmit at the Review of Financial Studies

Presented at: IBEO Workshop 2026, AIBE 2026, WEFIDEV 2026, EFWS 2026, Economics of Public Procurement Workshop 2025, EFA 2025, Baltic Economic Conference 2025, BREAD Conference 2025

Housing and Fertility - with B. van Doornik (CB of Brazil), T. Ramadorai (Imperial), J. Skrastins (Utah)

Best Paper Award at the 4th Annual Holden Conference in Finance and Real Estate, 2025

Best Paper Award at the Summer Research Conference in Finance, 2025 (CAF, ISB)

Best Paper Award at Annual Carey Finance Conference, 2025

Media: Forbes, The Telegraph, VoxEU

Presented at: AFA 2026 , UBC Summer Finance Conference 2025, RCFS Conference 2025 , EFA 2025, 13th World Congress of the Econometric Society, Summer Research Conference in Finance (ISB), WFA 2025, BSE Summer Forum, UNSW Corporate Finance 2025, Esade Spring Workshop 2025, FIRS, Housing and Demographic Dynamics Workshop - NUS 2025, NBER Children and Families 2025, Lapland Household Finance Summit 2025

Kamikazes in Public Procurements: Bid-Rigging and Real Non-Market Outcomes - with A. Zaldokas (NUS)

Best Paper Award at the 2026 Luso-Brazilian Finance (LubraFin) Meeting

Media: ESGRI Research Blog

Presented at: AFA 2027 (upcoming), SITE 2026 (upcoming), LubraFin 2026, UNSW Corporate Finance 2026, EWFC 2026, Journal of Corporate Finance Special Issue Conference 2025, 2025 SAIF Annual Research Conference, Hal White Antitrust Conference 2025 , FIRS, Forensic Finance Conference 2025, European Public Choice Society 2025, SGF Conference 2025, ASU Sonoran Winter Finance Conference 2025, HKUST IEMS Webinar 2025, Midwest Financial Association 2025, World Bank Public Institutions Conference 2025, Paris December Workshop 2024, Bank of Italy Economics of the Public Sector and Institutions Conference, EFA 2024, CICF 2024, FMA Asia 2024, WFA 2024, CEIBS Finance and Accounting Symposium-Shanghai 2023, CRESSE 2023, CEPR-TCD-TIME Conference on Economic Development 2023, ZEW Economics of Public Procurement Workshop 2023, Owners as Strategists 2023, Tel-Aviv University, Hebrew University, HEC Paris, Universidade Catolica de Brasilia, Peking University, Sungkyunkwan University, 11th Annual Lithuanian Conference on Economic Research

Court Quality and Economic Resilience - with J. Skrastins (Utah), T. Silva (IMF)

Best Paper Award at the Summer Research Conference in Finance, 2020 (CAF, ISB)

Presented at: PET-Rio de Janeiro 2026, FIRS 2021, 6h Annual Conference on Network Science and Economics 2019, SBE 2020, Third Conference on Law and Economics 2020, Summer Research Conference in Finance 2020, European Summer Symposium in Financial Markets 2019, 16th Annual Conference in Financial Economic Research by Eagle Labs, CUHK-RCFS Conference on Corporate Finance and Financial Intermediation, AFCB 2018

Do Set-Aside Auctions Pay Off? Evidence from Brazil - with A. Cavgias (Ghent), L. Meloni (USP), V. Titl (Utrecht)

Creditor Rights and Bank Competition - with T. Silva (IMF)

Presented at: IBEO 2023, LACEA 2021, IFABS 2021, SBE-Brazil 2021