Research

Working Papers  

• Housing Collateral Reform and Economic Reallocation - with T. Silva (Central Bank of Brazil)

R&R 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

• Court Quality and Economic Resilience - with J. Skrastins (WashU) and T. Silva (Central Bank of Brazil)

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

Presented at: 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

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

Prizes: Best Paper Award at the RSFE, 2022

Presented at: Seminários Economia & Defesa da Concorrência (Video in Portuguese), NEUDC 2022, FMA 2022, LACEA 2022, ADE-Pakistan 2022, EEA-Milan 2022, LBS Alumni Workshop 2022, CICF 2022, Lubrafin 2022, RSFE 2022, SIOE 2022, AMES 2022, NASMES 2022, CEPR/Misum/SITE Dev Econ 2022, ZEW Public Finance 2022, FMGC 2022, SBE-Brazil 2021, AFBC 2021, ACFOW-Online 2021

Media: World Bank's Development Impact Blog

• Kamikazes in Public Procurements - with A. Zaldokas (NUS)

Presented at: Bank of Italy Economics of the Public Sector and Institutions Conference, EFA 2024, CICF 2024, FMA Asia, WFA 2024, CEIBS Finance and Accounting Symposium-Shanghai 2023, CRESSE 2023, Owners as Strategists 2023, Tel-Aviv University 2023, Hebrew University 2023, 11th Annual Lithuanian Conference on Economic Research

• Creditor Rights and Bank Competition - with T. Silva (Central Bank of Brazil) 

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

• Housing and Fertility - with B. van Doornik (Central Bank of Brazil), T. Ramadorai (Imperial), J. Skrastins (WashU)

Publications

• Unemployment Insurance as a Subsidy to Risky Firms Review of Financial Studies, 2022 (with B. Doornik, D. Schoenherr, and J. Skrastins)

• Inflation targeting and financial stability: Does the quality of institutions matter? Economic Modelling, 2018 (with B. Tabak, T. Silva and D. Cajueiro)

• Inflation targeting: Is IT to blame for banking system instability?  Journal of Banking & Finance, 2015 (with B. Tabak and D. Cajueiro)

• A geographically weighted approach to measuring efficiency in panel data: The case of US saving banks Journal of Banking & Finance, 2013 (with B. Tabak and R. Miranda) 

• Systemically important banks and financial stability: The case of Latin America  Journal of Banking & Finance, 2013 (with B. Tabak and D. Cajueiro)  

• The relationship between banking market competition and risk-taking: Do size and capitalization matter?  Journal of Banking & Finance, 2012 (with B. Tabak and D.  Cajueiro)

• The effects of loan portfolio concentration on Brazilian banks’ return and risk  Journal of Banking & Finance, 2011 (with B.  Tabak and D. Cajueiro)

Discussions/Slides

• Labor and Finance Group 2022: Politics at Work

E. Colonnelli, V. Neto and E. Teso

• ZEW Public Finance 2022: The Big Sell: Privatizing East Germany’s Economy

Lukas Mergele, Moritz Hennicke and Moritz Lubczyk

• EBFIN 2021: Is a Friend In Need a Friend Indeed? How Relationship Borrowers Fare During the COVID-19 Crisis
  Allen Berger, Christa Bouwman, Lars Norden, Raluca Roma, Gregory Udell, Teng Wang

• MFA 2021: Lending Next to the Courthouse: The Salience of Adverse Events and Mortgage Lending Decisions
  Da Huo, Mingzhu Tai, Yuhai Xuan

• ACFOW 2020: Horizontal Wage Inequality within Firms
  Daniel Bias, Chen Li, Benjamin Lochner, Thomas Schmid

Other Publications

• Economic growth, volatility and their interaction: What’s the role of finance? Economic Systems, 2017 (with S. H. R. Silva, B. Tabak, and D. Cajueiro)

• The  effects  of  capital  buffers  on  profitability:  An  empirical  study Economics Bulletin, 2017 (with B. Tabak, R. Ely, J. Amaral, and D. Cajueiro) 

• Financial stability and bank supervision Finance Research Letters, 2016 (with B. Tabak, C. O. Karine, and D. Cajueiro)

• Financial fragility in a general equilibrium model: the Brazilian case  Annals of Finance, 2013 (with B. Tabak and D. Cajueiro) 

• Monetary Expansion and the Banking Lending Channel PLOS ONE, 2016 (with B. Tabak, T. B. S. Moreira, A. L. C. Cavalcanti, and G. H. M. Cunha)