Research

Published & Accepted Articles

1. Evergreening
          Accepted at the Journal of Financial Economics, 2023
          with Pascal Paul and Juan M. Sanchez, press: New York Times

2. Pandemic labor force participation and net worth fluctuations
          Forthcoming at the Review, Federal Reserve Bank of St. Louis, 2023
          with Samuel Jordan-Wood, mentions: Hutchins Roundup, Brookings Institution, Bloomberg, Yahoo Finance

3. Fiscal Multipliers and Financial Crises
          Forthcoming at the Review of Economics and Statistics, 2022
          Code and data here

4. Measuring Labor Supply and Demand Shocks during COVID-19
          European Economic Review, 2021
          with Pedro Brinca and Joao B. Duarte, code and data here

5. Fiscal Policy during a Pandemic
          Journal of Economic Dynamics & Control, 2021
          Replication code at the Epi-MMB database, mentions: Brookings Hutchins Roundup, Marginal Revolution

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

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

8. 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

9. 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. Artificial Intelligence and Inflation Forecasts, July 2023
          with Fernando Leibovici
   

2. A Quantitative Theory of Relationship Lending, New draft coming soon
          with Kyle Dempsey
   

3. EBITDA Add-backs in Debt Contracting: A Step Too Far?, September 2022
          with Avantika Pal, Radhakrishnan Gopalan, Juan M. Sanchez and Vijay Yerramilli
   

4. Credit and Liquidity Policies during Large Crises, July 2023
          with Mahdi Ebsim and Julian Kozlowski
   

5. A Quantitative Analysis of the Countercyclical Capital Buffer, January 2020
            Press: Central Banking, S&P Global Market Intelligence

6. The Nonlinear Effects of Fiscal Policy, October 2023
          with Pedro Brinca, Miguel H. Ferreira, Hans Holter and Valter Nobrega.

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

8. Risk Incentives in an Interbank Network, July 2015