Research at the IMF: Joao Jalles

Joao Jalles

Last Updated: November 14, 2018

Background

João Tovar Jalles, from Portugal, is an Economist in the Research Department of the IMF. Previously, he spent 4 years in the Fiscal Affairs Department. Before joining the Fund, João was the Economist of the Brazil-Portugal Desk at the OECD’s Economics Department and before that a Fiscal Economist at the ECB’s Fiscal Policies Division. João was also a Visiting Scholar at the IMF’s Research Department and a Visiting Researcher at the Bank of Portugal’s Research Department. Academically, he was an Invited Lecturer at Sciences Po (France), Assistant Professor at the University of Aberdeen (UK) and he also taught at the University of Cambridge (UK) and Universidade Nova de Lisboa (Portugal). João has worked mainly on fiscal-related topics, but also on other issues including structural reforms, energy, labor, empirical growth, economic history, globalization, institutions and crime. He has published more than 80 academic papers in journals such as: Journal of Money, Credit and Banking, European Journal of Political Economy, International Journal of Forecasting, Energy Economics, Journal of Macroeconomics, International Finance, Economics Letters, Macroeconomic Dynamics, Journal of Forecasting and European Review of Economic History. João holds a B.Sc. in Economics from Universidade Nova de Lisboa (Portugal), a M.Sc. in Economics from the University of Warwick (UK) and a Ph.D. in Economics from the University of Cambridge (UK).

Email: JJALLES@imf.org

Fluent In: Portuguese.

Education:

Ph.D. in Economics - University of Cambridge (UK) (2011)

M.Sc. in Economics - Warwick University (UK) (2008)

B.Sc. in Economics ("Licenciatura") - New University of Lisbon (Portugal) (2006)

Previous Experience:

Economist - OECD, Economics Department, Country Studies Branch (2012-2014)

Visiting Lecturer - Sciences Po, Paris School of International Affairs (2012-2014)

Visiting Scholar - International Monetary Fund, Research Department (summers 2011, 2012, 2013)

Economist - ECB, DG Economics, Fiscal Policies Division (2011-2012)

Assistant Professor of Economics - University of Aberdeen, Business School (2011-2012)

Visiting Researcher - Bank of Portugal, Research Department (summer 2009)

Teaching Assistant - University of Cambridge, Faculty of Economics (2009-2010)

Teaching Assistant - New University of Lisbon, School of Economics and Business (2006-2007)

Referee Activities:

Hacienda Publica Espanola (2018), Oxford Bulletin of Economics and Statistics (2018), Journal of Macroeconomics (2018, 2017), Journal of Economics and Business (2018), International Journal of Development Issues (2018), Economic Modelling (2018, 2009), Economic Change and Restructuring (2018), Structural Change and Economic Dynamics (2018, 2010), European Journal Political Economy (2018, 2016), Empirical Economics (2018, 2017, 2016), International Journal of Emerging Markets (2018), Journal of Economics Studies (2018), International Journal of Forecasting (2017), Economics Letters (2017), Journal of Economic Development (2017), Open Economies Review (2017), Journal of Quantitative Criminology (2017), Manchester School (2017, 2015), IMF Economic Review (2016), CESifo Economic Studies (2016), Journal of Economic Surveys (2016), Economic Systems (2016), Contemporary Economics (2016), Finanz Archiv (2016, 2011), Labour (2015), Journal of Economic Policy Reform (2014), Regional Studies (2014), OECD Journal-Economic Studies (2014), Energy Journal (2014), Quarterly Review of Economics and Finance (2014), Studies in Economics and Finance (2014), Economica (2013, 2012), Cuadernos de Economia (2013), Review of International Economics (2013), Journal of Income Distribution (2012), Oxford Development Studies (2012, 2012), Journal of Institutional Economics (2009), Journal of Financial Economic Policy (2009), Portuguese Economic Journal (2009, 2008)

Professional Activities:

External Member, Economics for Policy, Knowledge Center - Universidade Nova Lisboa (Portugal) (2017- )

Research Associate, Research Unit on Complexity and Economics – Universidade Tecnica de Lisboa (Portugal) (2016- )

Associate Researcher, Centre for Globalization and Governance - Universidade Nova Lisboa (Portugal) (2008- )

Current Position:

Research Economist - Research Department, Development Macroeconomics Division (2018- )

IMF Publications

IMF Books and Working Papers:

Do Forecasters Believe in Okun’s Law? An Assessment of Unemployment and Output Forecasts , Working Paper No. 14/24 , February 10, 2014

Non-IMF Publications

Books

[2018] “Digital Government: Bridging Information Gaps” (joint with Genevieve Verdier, Emmanouil Kitsios and Maria Coelho) in Fiscal Monitor – Capitalizing on Good Times, April 2018, IMF Publishing

[2017] “Inequality and Fiscal Redistribution” (joint with Mercedes Garcia-Escribano, Adrian Peralta and Xiangming Fang) in Fiscal Monitor – Tackling Inequality, October 2017, IMF Publishing

[2017] “Upgrading the Tax System to Boost Productivity” (joint with Laura Jaramillo, Adrian Peralta, Mousse Sow, Florian Misch, Li Liu) in Fiscal Monitor – Achieving More with Less, April 2017, IMF Publishing

[2016] “Spillovers From China’s Transition and Migration” (joint with Davide Furceri and Aleksandra Zdzienicka) in World Economic Outlook – Subdued Demand: Symptoms and Remedies, October 2016, IMF Publishing

[2016] “Time for a Supply-Side Boost? The macroeconomic effects of product and labor market reforms in advanced economies” (joint with Romain Duval, Davide Furceri, Alexander Hijzen and Sinem Celik) in World Economic Outlook – Too Slow for too Long, April 2016, IMF Publishing

[2015] “Can Fiscal Policy Stabilize Output” (joint with Xavier Debrun, Davide Furceri, Jules Tapsoba, Kamil Dybczak and Ivo Razafimahefa) in Fiscal Monitor – Now is the Time: Fiscal Policies for Sustainable Growth, April 2015, IMF Publishing

[2014] “Can Fiscal Policies do More for Jobs?” (joint with Marta Ruiz-Arranz, Elva Bova, Aiko Mineshima and Anna Shabunina) in Fiscal Monitor – Back to Work: How Fiscal Policy Can Help, October 2014, IMF Publishing

[2013] “OECD Economic Surveys: Brazil 2013”, OECD Publishing

[2013] “Portugal: Reforming the State to promote Growth”, OECD Publishing

Publications in Journals (Refereed)

[81] “Euro-Area Time-Varying Sovereign Yield Spreads and Quantitative Easing” (joint with António Afonso –University of Lisbon) forthcoming Journal of International Financial Markets, Institutions and Money (2018)

[80] “How do Macroeconomic Fundamentals Affect Sovereign Yields? New Evidence from European Forecasts”, forthcoming CESifo Economic Studies (2018)

[79] “On the Time-Varying Relationship between Unemployment and Output: What shapes it?” forthcoming Scottish Journal of Political Economy (2018)

[78] “Fiscal Reaction Functions Across the World: A Quest for Statistical (In-)Significance” (joint with António Afonso – University of Lisbon) forthcoming Finanz Archiv (2018)

[77] “Taxes and Economic Activity in Asia: Short versus Long-Run Estimates” forthcoming Journal of Comparative Asian Development (2018)

[76] “Wagner’s Law and the Functions of Government: Granularity Matters”, Journal of Economic Studies, Vol. 45(3) (2018)

[75] “A Note on Inflation Dynamics, Price Volatility and Fiscal Activism” (joint with António Afonso – Technical University Lisbon) forthcoming Macroeconomic Dynamics (2018)

[74] “Economic Volatility and Sovereign Yields’ Determinants: A Time-Varying Approach” (joint with António Afonso – Technical University Lisbon), forthcoming Empirical Economics (2018)

[73] “Assessing the Sustainability of External Imbalances in the European Union” (joint with Piotr Stanek – University of Cracow -, Florence Huart – University of Lille - and Antonio Afonso – Technical University of Lisbon) forthcoming The World Economy (2018)

[72] “European Commission’s Fiscal Forecasts in CEE countries: a Thorough Assessment” forthcoming Journal of Economic Policy Reform (2018)

[71] “Fiscal Counter-cyclicality and Productive Investment: Evidence from Advanced Economies” (joint with Davide Furceri – IMF) forthcoming B.E. Journal of Macroeconomics (2018)

[70] “Decomposing and Analysing the Determinants of Current Accounts’ Cyclicality: Evidence from the Euro Area” (joint with António Afonso – Technical University Lisbon) forthcoming Open Economies Review (2018)

[69] “Fiscal Rules and Fiscal Counter-cyclicality”, Economics Letters, Vol. 170, pp. 159-162 (2018)

[68] “What Determines the Share of Non-resident Public Debt Ownership? Evidence from Euro Area Countries” forthcoming Annals of Finance (2018)

[67] “Planning Fiscal Adjustments: Do Governments Fulfil their Commitments?” (joint with Sanjeev Gupta – IMF, Carlos Mulas Granados – IMF, and Michela Schena – IMF), European Union Politics, Vol. 19(3), 383-407 (2018)

[66] "Decoupling of Emissions and GDP: Evidence from Aggregate and Provincial Chinese Data” (joint with Ricardo Marto and Prakash Loungani – IMF –, Gail Cohen – National Academy of Sciences – and Gewei Wang - University of Nottingham Ningbo) forthcoming Energy Economics (2018)

[65] "Do IMF Fiscal Forecasts add Value?" (joint with Prakash Loungani – IMF-, Ricardo Sousa – Universidade do Minho - and Zidong An – American University), Journal of Forecasting, Vol.37(6), pp. 650-665 (2018)

[64] “Determinants and Effects of Fiscal Counter-cyclicality: New Evidence from Time-Varying Estimates” (joint with Davide Furceri – IMF), Ensayos sobre Política Económica, Vol. 36(85) (2018)

[63] “How Buoyant is the Tax System? New Evidence from a Large Heterogeneous Panel” (joint with Paolo Dudine– IMF), Journal of International Development, Vol.30(6), pp. 961-991 (2018)

[62] “How Well Do Economists Forecast Recessions?” (joint with Zidong An – American University- and Prakash Loungani – IMF), International Finance, Vol. 21(2), pp. 100-121 (2018)

[61] “The Long-run Decoupling of Emissions and Output: Evidence from the Largest Emitters” (joint with Ricardo Marto and Prakash Loungani – IMF –, Gail Cohen – National Academy of Sciences), Energy Policy, Vol.118, pp. 58-68 (2018)

[60] “Single Currency and Fiscal Performance: The Early Euro Area in Perspective” (joint with Carlos Mulas-Granados – IMF, Carolina Correa-Caro – IaDB - and Jose Tavares – New University of Lisbon), Applied Economics Letters, Vol. 25, pp. 415-419 (2018)

[59] “Shifting the Beveridge Curve: What Affects Labor Market Matching?” (joint with Elva Bova and Christina Kolerus – IMF), International Labor Review, Vol. 152(2), pp. 267-306 (2018)

[58] “The Impact of Fiscal Consolidations on Human Development” (joint with Ricardo Sousa – Universidade do Minho -, Vitor Castro – University of Loughborough - and Luca Agnello – University of Palermo), Journal of International Development, Vol. 30(3), pp. 399-429 (2018)

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[57] “Euro-Area Time Varying Fiscal Sustainability” joint with António Afonso – Technical University Lisbon), International Journal of Finance and Economics, Vol. 22(3), pp.244-254 (2017)

[56] “Sovereign Debt Composition and Time-Varying Public Finance Sustainability” (joint with António Afonso – Technical University Lisbon), North American Journal of Economics and Finance, Vol. 42, pp.144-155 (2017)

[55] “Public Debt Spikes, Blind Spots and Financial Stress” (joint with Carlos Mulas-Granados and Laura Jaramillo - IMF), International Journal of Finance and Economics, Vol. 22(4), pp. 421-437 (2017)

[54] “Inflation Forecasts’ Performance in Latin America”, Review of Development Finance, Vol. 7(2), pp. 157-168 (2017)

[53] “Forecasting Performance of Private Sector’s Unemployment Forecasts in Advanced Economies”, International Review of Applied Economics, Vol 31(6), pp.707-733 (2017)

[52] "On the Rationality and Efficiency of Inflation Forecasts: Evidence from Advanced and Emerging Economies”, Research in International Business and Finance, Vol. 40, pp.175-189 (2017)

[51] “Tax Buoyancy in Sub-Saharan Africa: An Empirical Exploration”, African Development Review, Vol. 29(1), pp. 1-15 (2017)

[50] “China’s Spillovers: New Evidence from Time-Varying Estimates” (joint with Davide Furceri and Aleksandra Zdzienicka – IMF), Open Economies Review, Vol. 28(3), pp. 413-429 (2017)

[49] “Understanding the Relationship Between the Economy and Crime: Canadian Provinces, 1981-2009” (joint with Martin A. Andresen – Simon Fraser University), International Journal of Social Economics, Vol. 44(9), pp.1268-1288 (2017)

[48] “Income inequality, fiscal stimuli and political (in)stability” (joint with Ricardo Sousa – Universidade do Minho -, Vitor Castro – Universidade de Coimbra - and Luca Agnello – University of Palermo), International Tax and Public Finance, Vol. 24(3), pp. 484-511 (2017)

[47] “Model-based vs. Professional Forecasts: Implications for Models with Nominal Rigidities” (joint with João Azevedo – Portuguese Central Bank), Macroeconomic Dynamics, Vol. 21(1), pp. 130-159 (2017)

[46] “Fiscal Episodes and Market Power” (joint with António Afonso – Technical University Lisbon), Open Economies Review, Vol. 28(2), pp. 233-250 (2017)

[45] “How does Fiscal Consolidation affect Income Inequality in Emerging Market Economies?”, International Journal of Emerging Markets, Vol. 12(2) (2017)

[44] “The Price Relevance of Fiscal Developments” (joint with António Afonso – Technical University Lisbon), International Economic Journal, Vol. 31(1), pp. 36-50 (2017)

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[43] “Budgetary Decomposition and Yield Spreads” (joint with António Afonso – Technical University Lisbon), Applied Economics Letters, Vol. 23(15), pp.1093-1098 (2016)

[42] “A New Theory of Innovation and Growth: The Role of Banking Intermediation and Corruption”, Studies in Economics and Finance, Vol. 33(4), pp. 488-500 (2016)

[41] “The Elusive Character of Fiscal Sustainability” (joint with António Afonso – Technical University Lisbon), Applied Economics Vol. 48(28), pp. 2651-2664 (2016)

[40] “Like Father like Sons? The Cost of Sovereign Defaults in Reduced Credit to the Private Sector” (joint with Rui Esteves – University of Oxford), Journal of Money, Credit and Banking, Vol. 48(7), pp. 1515–1545 (2016)

[39] “Financial Stress and Sovereign Debt Composition” (joint with Ricardo Sousa – Universidade do Minho -, Vitor Castro – Universidade de Coimbra - and Luca Agnello – University of Palermo), Applied Economics Letters, Vol 23(9), pp. 578-683 (2016)

[38] “Economic Performance, Government Size and Institutional Quality” (joint with António Afonso – ECB), Empirica, Vol. 43(1) (2016)

[37] “Markups’ Cyclical Behavior: The role of Demand and Supply Shocks” (joint with António Afonso – ECB), Applied Economics Letters, Vol. 23(1), pp. 1-5 (2016)

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[36] “How Does Fiscal Policy Affect Investment? Evidence from a Large Panel” (joint with António Afonso – ECB), International Journal of Finance and Economics, Vol. 20, pp. 310-327 (2015)

[35] “Cross-country Evidence on the Quality of Private Sector Fiscal Forecasts” (joint with Prakash Loungani – IMF – and Iskander Karibzhanov – Bank of Canada), Journal of Macroeconomics, Vol. 45, pp. 186-201 (2015)

[34] “Panel Causality and Cointegration between Productivity and Unemployment”, Applied Economics Quarterly, Vol. 61(2) (2015)

[33] “Is there a Long-run Relationship Between Unemployment and Productivity?”, Comparative Economic Research, Vol. 18(2) (2015)

[32] “The Social and Economic Determinants of Suicide in Canadian Provinces” (joint with Martin A. Andresen – Simon Fraser University), Health Economics Review, Vol. 5(1), pp. 1-12 (2015)

[31] “Fiscal Sustainability: A Panel Assessment for Advanced economies” (joint with António Afonso – ECB), Applied Economics Letters, Vol. 22(11) (2015)

[30] "What Determines the Likelihood of Structural Reforms” (joint with Ricardo Sousa – Universidade do Minho -, Vitor Castro – Universidade de Coimbra -, Luca Agnello – University of Palermo), European Journal of Political Economy, Vol. 37, pp. 129-145 (2015)

[29] "Do Forecasters believe in the Okun’s Law? An assessment of unemployment and output forecasts" (joint with Prakash Loungani – IMF – and Laurence Ball – Johns Hopkins University), International Journal of Forecasting, Vol. 31 (1), pp.176-184 (2015)

[28] “How Quickly is News incorporated in Fiscal Forecasts?”, Economics Bulletin, Vol. 35(4) (2015)

[27] “Fiscal Consolidation and Financial Reforms” (joint with Ricardo Sousa – Universidade do Minho -, Vitor Castro – Universidade de Coimbra -, Luca Agnello – University of Palermo), Applied Economics, Vol. 47(34-35) (2015)

[26] "Trade, Scale or Social Capital? Technological Progress in Poor and Rich Countries” (joint with José Tavares – Universidade Nova Lisboa), Journal of International Trade and Economic Development, Vol. 24(6) (2015)

[25] "Do Debt Crises boost Financial Reforms?” (joint with Ricardo Sousa – Universidade do Minho -, Vitor Castro – Universidade de Coimbra -, Luca Agnello – University of Palermo), Applied Economics Letters, Vol. 22(5), pp. 356-360 (2015)

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[24] “Households’ Intergenerational Structure and Participation in Associational Activities: the Role of Interpersonal Trust” (joint with Luiz de Mello – OECD), Journal of Economic and Social Research, Vol. 16(1), pp. 1-34 (2014)

[23] “Suicide and Unemployment: A Panel Analysis of Canadian Provinces” (joint with Martin A. Andresen – Simon Fraser University), Archives of Suicide Research, Vol. 18, pp. 14-27 (2014)

[22] "Fiscal Adjustments, Labour Market Flexibility and Unemployment" (joint with Ricardo Sousa – Universidade do Minho -, Vitor Castro – Universidade de Coimbra -, Luca Agnello – University of Palermo), Economics Letters, Vol. 124(2), pp. 231-235 (2014)

[21] "Causality for the government budget and economic growth" (joint with António Afonso – ECB), Applied Economics Letters, Vol. 21(17), pp. 1198-1201 (2014)

[20] “Assessing Fiscal Episodes” (joint with António Afonso – ECB), Economic Modelling, Vol. 37, pp. 255-270 (2014)

[19] "The Cyclicality of Functional Public Spending in Emerging and Developing Countries", Empirical Economics Letters, Vol. 13(9) (2014)

[18] “Respiratory Tuberculosis and Standards of Living in Post-war Europe” (joint with Sue Bowden and Alex Sadler – University of York – and Álvaro Santos Pereira – Simon Fraser University), European Review of Economic History Vol. 18(1), pp. 57-81 (2014)

[17] “Fiscal Composition and Long-term Growth” (joint with António Afonso – ECB), Applied Economics, Vol. 46 (3), pp. 349-358 (2014)

[16] “A Longer-run Perspective on Fiscal Sustainability” (joint with António Afonso – ECB), Empirica, Vol. 41(4), pp. 821-847 (2014)

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[15] “Macroeconomic Effects of Oil Price Shocks in Brazil and in the United States” (joint with Tiago Cavalcanti – University of Cambridge), Applied Energy, Vol. 104, pp. 475-486 (2013)

[14] “The cyclicality of education, health, and social security government spending” (joint with António Afonso – ECB), Applied Economics Letters, Vol. 20 (7), pp. 669-672 (2013)

[13] “Growth and Productivity: the role of Government Debt” (joint with António Afonso – ECB), International Review of Economics and Finance, Vol. 25, pp. 384-407 (2013)

[12] “Do Fiscal Rules matter for Growth?” (joint with António Afonso – ECB), Applied Economics Letters, Vol. 20(1), pp. 34-40 (2013)

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[11] “Structural Change and Foreign Direct Investment: Globalization and Regional Economic Integration” (joint with Álvaro Santos Pereira and Martin A. Andresen – Simon Fraser University), Portuguese Economic Journal, Vol. 11(1), pp. 35-82 (2012)

[10] “Fiscal Volatility, Financial Crises and Growth” (joint with António Afonso – ECB), Applied Economics Letters, Vol. 19(18), pp. 1821-1826 (2012) (top 10 most read articles from the Applied Economics Series in 2013)

[9] “Openness, Regional Trade Agreements and Growth: Evidence from Asia”, Asian Economic Journal, Vol. 26(1), pp. 63-85 (2012)

[8] “Measuring the Success of Fiscal Consolidations” (joint with António Afonso – ECB), Applied Financial Economics, Vol. 22(13) (2012)

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[7] “The Impact of Democracy and Corruption on the Debt-Growth relationship in Developing countries”, Journal of Economic Development, Vol. 31(4), pp. 41-72 (2011)

[6] “Appraising Fiscal Reaction Functions” (joint with António Afonso – ECB), Economics Bulletin, Vol. 31(4), pp. 3320-3330 (2011)

[5] “Growth, Poverty and Inequality: Evidence from Post-Communist Economies”, Journal of Poverty, Vol. 15(3), pp. 277-308 (2011)

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[4] “How to measure Innovation? New Evidence of the Technology-Growth linkage”, Research in Economics, Vol. 4, pp. 81-96 (2010)

[3] “Inter-country Trade Dependence and Inflation Transmission Mechanisms: The case of a Small Open African Economy”, International Journal of Development Issues, Vol. 9(3), pp. 198-213 (2010) – “2011 Highly Commended Award” by Emerald Literati Network

[2] “Does Democracy foster or hinder Growth? Extreme-type Political Regimes in a large Panel”, Economics Bulletin, Vol. 20(2), pp. 1359-1372 (2010)

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[1] “Do Oil Prices matter? The case of a Small Open Economy”, Annals of Economics and Finance, Vol. 10(1), pp. 65-87 (2009)

Publications in Books and Conference Volumes

[2018] “On the Quest for Higher Growth: The Role of Public Expenditure in Senegal” (joint with Carlos Mulas Granados) in Race to the Next Income Frontier: How Senegal and Other Low-Income Countries Can Reach the Finish Line, African Department, IMF Publishing

[2018] “Reforms to Mobilize Revenue in Senegal: Lessons from six Emerging Countries” (joint with Patrick Petit) in Race to the Next Income Frontier: How Senegal and Other Low-Income Countries Can Reach the Finish Line, African Department, IMF Publishing

[2017] “Fiscal Discipline and Exchange Rates: Does Politics Matter?” (joint with Jose Tavares and Carlos Mulas Granados) in Fiscal Politics, Fiscal Affairs Department, IMF Publishing

[2017] “Governments and Promised Fiscal Consolidations: Do They Mean What They Say?” (joint with Sanjeev Gupta and Carlos Mulas Granados) in Fiscal Politics, Fiscal Affairs Department, IMF Publishing

[2016] “The Impact of Income Inequality and Fiscal Stimuli on Political (In-)Stability” (joint with Ricardo Sousa – Universidade do Minho -, Vitor Castro – Universidade de Coimbra - and Luca Agnello – University of Palermo) in Beyond the Austerity Dispute: New Priorities for Fiscal Policy, Perugia Public Finance Workshop Series, Conference Proceedings, Banca d’Italia Eurosystem Publication

[2016] “How Accurate Are Private Sector Fiscal Forecasts? Evidence from the Great Recession” (joint with Prakash Loungani – IMF-, Ricardo Sousa – Universidade do Minho- and Zidong An – American University) in Federal Forecasters Consortium, Papers and Proceedings, U.S. Department of Veterans Affairs, Milwaukee, WI, USA

[2016] “Fiscal Consolidation and Inequality in Advanced Economies: How robust is the link?” (joint with Davide Furceri and Prakash Loungani– IMF) in Beyond the Austerity Dispute: New Priorities for Fiscal Policy, Perugia Public Finance Workshop Series, Conference Proceedings, Banca d’Italia Eurosystem Publication

[2015] “Fiscal Consolidation and Inequality in Advanced Economies: How robust is the link?” (joint with Davide Furceri and Prakash Loungani– IMF) in Inequality and the Role of Fiscal Policy: Trends and Policy Options, Fiscal Affairs Department, IMF Publishing

[2013] “Fiscal Composition and Long-Term Growth” (joint with Antonio Afonso) in States, Banks and the Financing of the Economy: Fiscal Policy and Sovereign Risk Perspectives, SUERF Study, Morten Balling, Peter Egger and Ernest Gnan (eds.), pp. 91-130 (Jun.)

[2011] “Slow Recovery to Nowhere? A Sectoral View of Labor Markets in Advanced Economies” (joint with Prakash Loungani, Laura Feiveson and Su Wang) in IMF World Economic Outlook, Box 1.1, pp. 41-46 (Sep.)

[2010] “Oil price shocks and the Macroeconomy: the United States vs. Brazil” (joint with Tiago Cavalcanti) in Energy, Bio Fuels and Development: Comparing Brazil and the United States, Edmund Amann, Werner Baer, Don Coes (eds.), Routledge Studies in Development Economics

Other Published Materials

[2008] “Tropical Research Institute’s Report on the Portuguese Speaking Countries and the Millennium Development Goals”, IICT (joint with Jorge Braga de Macedo, Luis Brites Pereira and Joaquim Pina)

[2007] “From EurAfrica to BRICAfrica – The Emergence of New Economic Players and its implications to the African Continent” – IV African Forum, organized by the Diário Económico newspaper, Portugal

All