Articles
Campaign Advertising and Election Outcomes: Quasi-Natural Experiment Evidence from Gubernatorial Elections in Brazil (with Bernardo Silveira), Accepted for Publication at the Review of Economic Studies (2011)
Whether campaign advertising influence elections’ outcome is an open question, a paradox given the amount...
The Brazilian Payroll Experiment (with Christiano Arrigoni and Bruno Funchal), Accepted for Publication at the Review of Economics and Statistics (2011)
In 2004, Brazil provided an interesting natural experiment concerning personal credit. A new law was...
A relational theory of relationship lending under contractual incompleteness (with Vinicius Carrasco), Annals of Finance (2010)
We consider a model of repeated (relationship) lending in which some contingencies that are relevant...
Dry Laws and Homicides: Evidence from the São Paulo Metropolitan Area (with Ciro Biderman and Alexandre Schneider), Economic Journal (2010)
We use a difference-in-differences design to estimate the causal impact of the adoption of dry...
Identifying bank lending reaction to monetary policy through data frequency (with Marcio Garcia and Christiano Arrigoni), Economía, the Journal of LACEA (2010)
Using the daily frequencies of interest rates and new loans in our data as a...
Does Crime Affect Economic Decisions? An Empirical Investigation of Savings in a High-Crime Environment (with Eduardo Zilberman), The B.E. Journal of Economic Analysis & Policy (2009)
While most economic studies of crime have examined the determinants of criminal activity, this paper...
Mudança Demográfica e a Dinâmica dos Homicídios em São Paulo (with Alexandre Schneider), Revista São Paulo em Perspectiva (2007)
Neste artigo, estima-se a contribuição da mudança na estrutura etária para a alteração nas taxas...
Contributions to Books
Assessing São Paulo´s Large Drop in Homicides: The Role of Demography and Policy Interventions (with Alexandre Schneider), The Economics of Crime: Lessons for and from Latin America (2010)
After reaching a historic peak by the end of the 1990s, homicides in the São...
Estrutura, Concorrência e Estabilidade, Risco e Regulação: Por que o Brasil enfrentou bem a crise financeira e como ela afetou a economia mundial (2010)
Judicial Risk and Credit Market Performance: Micro Evidence from Brazilian Payroll Loans (with Ana C. Costa), Financial Markets Volatility and Performance in Emerging Markets, (Inter-American Seminar on Economics) (2008)
A large body of literature has stressed the institution-development nexus as critical in explaining differences...
Predação através de programas de fidelização: o caso do programa TÔ CONTIGO (with Vinicius Carrasco), A Revolução Antitruste no Brasil 2 (2008)
Atos de Concentração e Conduta no Setor Bancário, Métodos quantitativos em defesa da concorrência e regulação econômica (2006)
Unpublished Papers
Assessing the Crack Hypothesis Using Data from a Crime Wave: the Case of São Paulo, Texto para Discussão No 586, Departamento de Economia, PUC-Rio (2010)
Mimicking the “Great American Crime Decline” (Zimiring, 2007), violent crime in the state of São...
Há assimetria no repasse dos juros bancários de variações na taxa Selic? (with Pedro H. Castro), Working Papers Series No 580, Departamento de Economia, PUC-Rio (2010)
Reassessing the Demography Hypothesis: the Great Brazilian Crime Shift, Working Papers Series No 579, Departamento de Economia, PUC-Rio (2010)
Mimicking the US in 1980 and 1990s, Brazil is a remarkable case of a major...
Contagion by Shared Financial Intermediary in the pre-1914 Sovereign Debt Market: Two Quasi-Natural Experiments (with Antonio Sodré and Marcelo Abreu), Revise and Resubmit to the Journal of Money, Credit and Banking (2009)
We document a novel type of international financial contagion whose driving force is shared financial...
ELECTORAL RULES, POLITICAL COMPETITION AND FISCAL SPENDING: REGRESSION DISCONTINUITY EVIDENCE FROM BRAZILIAN MUNICIPALITIES (with Sergio Firpo and Marcos Chamon), IZA Discussion Papers Series No. 4658 (2009)
We exploit a discontinuity in Brazilian municipal election rules to investigate whether political competition has...
Are Public Banks pro-Competitive? Evidence from Concentrated Local Markets in Brazil (with Christiano Arrigoni and Leonardo Rezende), Revise and Resubmit to the Journal of Money, Credit and Banking (2007)
We extend Bresnahan and Reiss’s (1991a) framework in order to measure the competitive effect of...
Other
Desenhando mercados do mundo real (with Vinicius Carrasco) (2011)
Vinicius Carrasco e eu entrevistado o Paul Milgrom