Luis A.V. Catão is a Senior Economist in the Research Department of the International Monetary Fund. His research spans international finance and open economy macroeconomics, with particular emphasis on business cycles, monetary and exchange rate policy, and sovereign risk. He holds a BSc in Electrical Engineering as well as a BA in Economics (with honors) from the Federal University of Rio de Janeiro, and a PhD in Economics from the University of Cambridge.
He has published in the American Economic Review, Journal of Monetary Economics, Journal of International Economics, Journal of Development Economics, and other specialized journals. His work has received press coverage by The Economist, Dow Jones News, Financial Times, The Washington Post, The Herald Tribune, The Wall Street Journal, Time Magazine, Valor Econômico, and Exame. Dr Catão’s previous appointments include a Senior Economist position in the Office of the Chief Economist at the Inter-American Development Bank, an Associate Professorship at the University of London, and a Research Fellowship in the Latin American Institute of the same University. He is a national of Brazil and Portugal, and currently lives in Washington DC.
Default Premium, Forthcoming in the Journal of International Economics [Joint with Rui Mano]
Fiscal Discoveries and Yield Decouplings, Forthcoming, IMF Economic Review [Joint with Ana Fostel and Romain Rancière].
International Financial Integration and Funding: Bank-Level Evidence from Latin America [Joint with Valeriya Dinger and Daniel Te Kaat].
Financial De-dollarization: A Global Perspective and the Peruvian Experience [Joint with Marco Terrones].
Work in Progress
Test-Benching Current Account Models [Joint with Allan Timmermann]
Imperfect Capital Mobility under Complete Markets [Joint with Roberto Chang]
Meeting Globalization’s Challenges [Joint with Maurice Obstfeld]
This time has been different: Capital Flows and Crisis Resilience in Emerging Markets [Joint with R. Bems, Z. Kóczán, W. Liam, and M. Poplawski Ribeiro]
Reforms and External Balances in peripheral Europe
Does Inflation Targeting Reduce Capital Flow Volatility?
Dollar Dependence, Finance and Development [Joint with Marco Terrones]
To Pay the Piper, Finance and Development [Joint with Rui Mano]
Measuring the Interest Premium for Past Default VOX-EU [Joint with Rui Mano]
External Liabilities and Crisis Risk, VOX-EU [Joint with Gian Maria Milesi-Ferretti]
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International Monetary Fund