My research focuses mainly on macroeconomics and political economy. Most of my work can be traced back to two main research projects. The first studies the effect of institutional/political factors on financial and macroeconomic outcomes (across countries and in specific cases). The second investigates long-run effects of aggregate demand dynamics.

I currently work as an Assistant Professor of Economics at the University of Massachusetts Amherst.

Curriculum vitae


  • “Institution shocks and economic outcomes: Allende’s election, Pinochet’s coup and the Santiago stock market” (with Samuel Bowles) , Journal of Development Economics, vol.134, pp. 16-27, 2018 (PaperSlidesReplication files )
  • “Normal Utilization as the Adjusting Variable in Neo-Kaleckian Growth Models: A Critique” (with Riccardo Pariboni), Metroeconomica, vol.70, n.2, pp.341-358, 2019 (Paper)
  • “Financialization of Food. Modelling the time-varying relation between agricultural prices and stock-market dynamics”, International Review of Applied Economics,  vol.29, n.4, pp.482-505, 2015 (Paper)
  • “Long-run effective demand in the US economy”, Review of Political Economy,  Vol.28, n.4, pp.523-544, 2016 (Paper)
  • “Do financial investors affect the price of wheat?”, PSL Quarterly Review,  Vol. 65 No. 260, pp.79-109, 2012 (Paper)

Work in progress:

  • “Partisanship and Local Fiscal Policy: Evidence from Brazilian Cities”, UMass Amherst Economics Working Papers n.2019-06, April 2019 (Paper)
  • “Autonomous demand and the investment share” (with Riccardo Pariboni) (Paper)
  • “Reverse hysteresis? Persistent effects of autonomous demand expansions” (with Walter Paternesi Meloni and Antonella Stirati), INET Working Paper n.70, Feb 2018 (Paper)
  • “Does economics make you selfish?” (with Sai Madhurika Mamunuru, Samuel Bowles and Simon Halliday)
  • “Old and new formulations of the neoclassical theory of aggregate investment: a critical review”, UMass Amherst Economics Working Paper 2017-03, Feb 2017 (PaperSlides)

Blog posts (in English):