Fiscal Policy Through Production Networks

Government spending does not enter the economy through a black box. It enters through networks.

My PhD research studies why the macroeconomic impact of public spending depends not only on how much governments spend, but on where the spending enters the economy.

I build a multi-sector general equilibrium model to compare fiscal multipliers across public functions (public administration, public education, health, and defense) across Brazil, the United States and major European economies.

Chapter 1 — Network Fiscal Multipliers Across Development Levels
Brazil–US comparison of public spending by function in a production-network model.

Chapter 2 — In progress
Research design under development aboutCapital misallocation and aggregate productivity.

Chapter 3 — In progress
Research design under development about informality, automation and structural transformation.