I am a 4th-year Ph.D. candidate in Economics at the European University Institute, specializing in Quantitative Macroeconomics with micro heterogeneity. My research is supervised by Russell Cooper and Thomas Crossley.
Research Focus
I study how the aggregation of heterogeneity among households and firms determines the transmission of macroeconomic policy. My research spans nonlinear productivity dynamics, lumpy adjustment in durable goods and firm investment, and the adoption of green technologies.
- Quantitative Macroeconomics
- Firm Dynamics
- Household Finance
- Heterogeneous Agents
Research
Work in Progress
Nonlinear Productivity Dynamics
with José Alberto Ferreira and Marius Grünewald Presented at: ECB DG Research (Dec 2024), CREI Macro WG (May 2025), EUI 4th year Forum (Jan 2026)
Abstract
This paper explores the nonlinear dynamics of firm-level productivity, focusing on the distinction between technical efficiency (TFPQ), taken as exogenous, and revenue productivity (TFPR), that incorporates the endogenous pricing decision of the firm. We make two contributions. First, we propose an iterative procedure for jointly estimating production functions and demand systems, yielding firm-level measures of TFPQ and demand advantages that are jointly identified. Second, we estimate flexible dynamics for TFPQ and compare them to those of TFPR. Using a novel dataset of Portuguese manufacturing firms spanning 2011-2019, we estimate theory-consistent measures of TFPQ and TFPR and study their cross-sectional properties and dynamics. Our findings for TFPQ highlight significant deviations from the linear-Gaussian assumptions otherwise standard in the literature (like AR(1) processes). We document hump-shaped conditional kurtosis and productivity history-wiping properties under extreme shocks. TFPR is more persistent than TFPQ and less variable in persistence across states and shocks. We find that TFPQ and demand shifters are positively correlated, and that prices partially offset productivity differences, compressing TFPR relative to TFPQ. These findings highlight the importance of distinguishing physical efficiency from revenue-based measures when studying firm dynamics.Lumpy Durable Goods, Intertemporal MPX, and Policy Transmission
with Juan Castellanos
Green Transition of Vehicles: Network Effects and Policy Evaluation
Does Firm Heterogeneity Matter for Monetary Transmission?
Teaching
TA PhD Courses
Macro II: New Keynesian Economics
European University Institute, TA to Prof. Edouard Challe
Lecture Notes I wrote for the course on the basic New Keynesian Model and linearization techniques.
TA Undergraduate Courses
Industrial Organisation
Université Catholique de Louvain, TA to Prof. Paul Belleflamme, Spring 2021
Public Economics
Université Catholique de Louvain, TA to Prof. Jean Hindriks, Spring 2021
Political Economy
Université Catholique de Louvain, TA to Prof. Rigas Oikonomou and Prof. Gonzague Vannoorenberghe, Fall 2021