Research

Published & Accepted Articles

  1. Fiscal Policy during a Pandemic
           Journal of Economic Dynamics & Control, 2021
             Mentions: Brookings Hutchins Roundup, Marginal Revolution

  2. The (Unintended?) Consequences of the Largest Liquidity Injection Ever
           Journal of Monetary Economics, 2020
           with Matteo Crosignani and Luis Fonseca
             Press: Wall Street Journal, Frankfurter Allgemeine

  3. Runs versus Lemons: Information Disclosure and Fiscal Capacity
           Review of Economic Studies, 2017
           with Joseba Martinez and Thomas Philippon

  4. The Portuguese banking system during the sovereign debt crisis
           Banco de Portugal Economic Studies, 2015
           with Matteo Crosignani and Luis Fonseca
             Mentioned in a speech by the President of the Deutsche Bundesbank

  5. Mapping a country’s competitive position: a real exchange rate approach
           Studies in Economics and Finance, 2011
           with Joao Zambujal-Oliveira

Book Chapters and Other Publications

  1. The Krugman-Macedo Diagram Revisited
           Economic Globalization & Governance: Essays in Honor of Jorge Braga de Macedo, 2021
           with Miguel Lebre de Freitas

  2. Introduction for the special issue on the Gerzensee Conference
           Journal of Economic Dynamics & Control, 2020
           special issue jointly edited with Bill Dupor

Working Papers

  1. Corporate Borrowing, Investment, and Credit Policies during Large Crises, February 2021
           with Mahdi Ebsim and Julian Kozlowski

  2. Measuring Labor Supply and Demand Shocks during COVID-19, December 2020, R&R at the European Economic Review
           with Pedro Brinca and Joao B. Duarte
           Download the shock series here

  3. A Quantitative Analysis of the Countercyclical Capital Buffer, January 2020, R&R at the American Economic Journal: Macroeconomics
             Press: Central Banking, S&P Global Market Intelligence

  4. The Nonlinear Effects of Fiscal Policy, May 2020
           with Pedro Brinca, Miguel H. Ferreira and Hans Holter

  5. Fiscal Multipliers and Financial Crises, May 2020, R&R at the Review of Economics and Statistics
             Press: Marginal Revolution

  6. A Note on Information Disclosure and Adverse Selection, May 2015
           with Joseba Martinez and Thomas Philippon

  7. Risk Incentives in an Interbank Network, July 2015