Publications
Working Papers and Papers Under Review
Work in Progress
- “Do Banking Costs Respond Symmetrically to Policy Rate Increases and Decreases?” (S.C. Scott), Economics Letters, forthcoming.
- “Duration of Capital Market Exclusion: An Empirical Investigation”, (with C. Richmond and G. Westfahl), Review of International Economics, forthcoming.
- “Global Spillovers of a Chinese Growth Slowdown”, (with S. Ahmed, R. Correa, N. Gornemann, J. Hoek, A. Jain, E. Liu, and A. Wong), Journal of Risk and Financial Management, 15(12), 596.
- “From Micro to Macro: A Note on the Analysis of Aggregate Productivity Dynamics Using Firm-Level Data”, (with C.R. Marques), Journal of Productivity Analysis, 56, pp. 1-14, August 2021 – lead article.
- “Every Cloud has a Silver Lining: Micro-Level Evidence on the Cleansing Effects of the Portuguese Financial Crisis”, (with C.R. Marques), Oxford Bulletin of Economics and Statistics, Vol. 83, Issue 2, pp. 352-376, April 2021.
- “A Tale of Two Sectors: Why is Misallocation Higher in Services than in Manufacturing?”, (with C. R. Marques and C. Richmond) Review of Income and Wealth, Vol. 66, Issue 2, pp. 361-393, June 2020.
- “Monetary Policy, Housing Rents, and Inflation Dynamics”, (with J. Duarte) Journal of Applied Econometrics, Vol. 34, Issue 5, pp. 673-687, August 2019.
- “Learning, Prices and Firm Dynamics”, (with P. Bastos and Olga Timoshenko), Canadian Journal of Economics, Vol. 51, No 4, 2018.
- “Restructuring Venezuela’s Debt: Lessons from the Past and Implications for the Future” (with C. Alvarez and M.L.J. Wright), The Journal of Investing, Volume 27, Number 3, pp. 74-79, Fall 2018.
- “Misallocation and Productivity in the Lead Up to the Eurozone Crisis”, (with C.R. Marques and C. Richmond), Journal of Macroeconomics, 2016, vol. 49, issue C, 46-70.
- “A replication note on downward nominal and real wage rigidity: Survey evidence from European firms”, (with C. R. Marques and F. Martins), Empirical Economics, Vol. 49, Issue 3, pp. 1143-11532, November 2015.
- “Understanding price stickiness: firm data evidence on price adjustment lags and their asymmetries”, (with C.R. Marques, F. Martins, and J. M. C. Santos Silva), Oxford Bulletin of Economics and Statistics, Vol. 77, Issue 5, pp. 701-718, October 2015.
- “The stock of external sovereign debt: Can we take the data at ‘face value’?”, (with C. Richmond and M.L. Wright), Journal of International Economics, Vol. 94, Issue 1, pp. 1-17, September 2014. – lead article
- “The economy of Portugal and the European Union: From high growth prospects to the debt crisis.”, (with W. Baer and J.B. Duarte), The Quarterly Review of Economics and Finance, Vol. 53, Issue 4, pp. 345-352, November 2013.
- “Wage rigidity and employment adjustment at the firm level: Evidence from survey data.” (with C.R. Marques and F. Martins), Labour Economics, Vol.23, pp. 40-49, August 2013.
- “Choosing between time and state dependence: Micro evidence on firms' price-reviewing strategies.”, (with C.R. Marques and F. Martins), The Scandinavian Journal of Economics, Vol. 115, Issue 3, pp. 756-780, July 2013.
- “Price setting in the Euro area: some stylized facts from micro producer price data.”, (with P. Vermeulen et al.), Journal of Money Credit and Banking, 44 (8), 1631-1650, December 2012.
- “What happens after corporate default? Stylized facts on access to credit.”, (with D. Bonfim and C. Richmond), Journal of Banking and Finance, vol. 36, issue 7, July 2012, pp. 2007–2025.
- “Using mean reversion as a measure of persistence.” (with C. R. Marques), Economic Modelling, Volume 27, Issue 1, pp. 262-273, January 2010.
- “Stylized features of consumer price setting behavior in Portugal: 1992-2001” (with Monica Dias and Pedro D. Neves), Portuguese Economic Journal, Vol. 7, Number 2, August 2008, pp. 75-99. – lead article
- “Time or state dependent pricing rules? Evidence from micro data.”, (with C. R. Marques and J. M. C. Santos Silva), European Economic Review, Vol. 51, Issue 7, October 2007, pp. 1589-1613. – lead article
- “A note on measuring the importance of the uniform nonsynchronization hypothesis.”, (with C.R. Marques and J. M. C. Santos Silva), Economics Bulletin, Vol. 4, no. 6, February 2007, pp. 1-8.
- “Price setting in the Euro area: some stylized facts from micro consumer price data.”, (with E. Dhyne, L. Alvarés, H. Le Bihan et al.), Journal of Economic Perspectives, Volume 20, Number 2 - Spring 2006, pp. 171-192.
- “On the Fisher-Konieczny index of price changes synchronization.” (with C.R. Marques, P. D. Neves and J. M. C. Santos Silva), Economics Letters, 87(2), May 2005, pp. 279-283.
Working Papers and Papers Under Review
- "Monetary Policy and Homeownership: Empirical Evidence, Theory, and Policy Implications", (with J. Duarte) International Finance Discussion Papers 1344. Washington: Board of Governors of the Federal Reserve System.
- “From Bank Lending Standards to Bank Credit Conditions: An SVAR Approach”, (with V. Dalal and P. Uysal) Finance and Economics Discussion Series 20253055, Board of Governors of the Federal Reserve System.
Work in Progress
- "The Uninsured Deposit Premium." (with T. Schmidt-Eisenlhor).
- “Oil Shocks: A Textual Analysis Approach.” (with D. Datta and B.K. Johansen).