Preliminary Agenda
The 2026 International Conference on Public Economic Theory
Hosted by Fundação Getulio Vargas · Rio de Janeiro · July 20-23
The conference program can be found here.
Entry will not be permitted for participants wearing shorts, flip-flops, or tank tops (in the case of men). This information is important to avoid any inconvenience for participants on the day of the event.
Agenda
July 20 · Monday · Afternoon
Welcome Cocktail
Opening Lecture by Lars Hansen
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The University of ChicagoAsset Pricing, Decision Theory, and Public Policy DesignFGV Cultural Center
Agenda
July 21 · Tuesday · Morning
Welcome Desk and Coffee
Opening Ceremony
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Carlos Ivan Simonsen LealPresident of FGV
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Aloisio AraujoVice Dean of FGV EPGE, representing the Dean
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Myrna WoodersPresident of the Association for Public Economic Theory (APET).
Parallel Sessions
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Carola TheuniszErasmus School of EconomicsEnvironmental Bank Regulation and Corporate Lending Technology
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Ariaster ChimeliFEA-USPTrading Lives: Firm Dynamics, Pollution, and Mortality in the Wake of the China Shock
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Marcelo Sant'AnnaFGV EPGEPowerful Forests: The Welfare Implications of Deforestation for the Power Sector
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Klenio BarbosaSKEMA Business SchoolFinancing Climate Change Mitigation Projects: Cost and Environmental Performance of Government Green Bonds
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Dimas FazioNUSCourt Quality and Propagation of Supply Chain Shocks
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Gil NogueiraBanco de PortugalJudicial Enforcement, Credit Frictions, and the Transmission of Bankruptcy through Firm Networks
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Pedro AmoniInsperJudicial Discretion, Credit, and the Real Economy
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Rafael FerreiraFEA USPBankruptcy Outcomes in Congested Courts: Evidence from Brazil
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Elcyon LimaUERJMacroeconomic Effects of Subsidized Credit
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Marco CavalcantiIPEAFiscal Multipliers in an Emerging Economy.
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Felipe Morelli da SilvaIPEAEconomic and Sectoral Impacts of a Carbon Market in Brazil: A Dynamic Recursive Computable General Equilibrium Analysis.
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Thiago MartinezIPEA and UERJInvestment Networks and Regional Industrial Policy
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Endre CsókaAlfréd Rényi Institute of MathematicsEfficiency and Collusion-Proofness in Dynamic Mechanism Design
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Andrew ChoiUniversity of MichiganProviding Certainty
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Constantine SorokinUniversity of GlasgowAdverse Selection in Teams
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Ricardo FonsecaBogotaKeeping Experts Honest
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Bruno OgavaFGV EPGEUniversal Preschool and Educational Inequality: Evidence from Brazil
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Caio MiguezFGV EPGEMarginal Treatment Effects of Childcare on Cognitive Skills: Evidence from Brazil
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Vitor PereiraUFRJThe Effects of Community-Based Preschool on Child Development in Rural Mozambique: Evidence from a Randomized Experiment
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Gabriel SallumFGV EPGESchool Funding, Teacher’s Labor Market, and Student Outcomes
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Sebastian KoehneKiel UniversityRedistribution with unequal life expectancy
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Carlos da CostaFGV EPGEOptimal Risk Sharing and Incentive Provision in Social Security Systems
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Luca MichelettoUniversity of MilanPredistribution, redistribution, and the education of the Joneses
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Aart GerritsenErasmus School of EconomicsTo redistribute or to predistribute? The minimum wage versus income taxation when workers differ in both wages and working hours
Coffee Break
James Heckman
Keynote Speaker
FGV Cultural Center
Lunch Break
Agenda
July 21 · Tuesday · Afternoon
Parallel Sessions
Opening Remarks by Daniel Cerqueira and Danilo Coelho
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Leonardo Schmitz MoscaIPARDESDirect and Indirect Effects of the Implementation of the Federal Penitentiary System on Crime in Brazil.
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Eduardo AlmeidaUFJFEstimation of the Deterrence Effect of the Police Using the Olympic Games in Rio de Janeiro.
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Bruno TruzziPUC Campinas / IPEACash Transfers, Human Capital, and Youth Lethal Violence: Quasi-Experimental Evidence from the Bolsa Trabalho Program in Osasco, Brazil
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Emilson SilvaAucklandDynamics of fiscal habits and soft budgets in federations
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Marcio GarciaPUC RioMeasuring Financial Subsidies to SOEs: A New Asset Return-Based Framework
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Johan WillnerÅbo Akademi UniversityState Ownership in Mixed Markets – an Instrument for Social Justice?
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Felipe LobelDukeMarket Power and VAT Incidence Along the Production Network
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Perla RochaFGV EPGEWho Pays the Price? Distributional Effects of Tax Uniformity in a Network Economy
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Miguel OrrilloIPEASector-Differentiated Tax Exemptions in Investment Networks
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Gustavo Quinderé SaraivaPUC ChileManipulation of Attractiveness in Two-Sided Matching Markets
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Gabriela DenisUniversidad de ChileMulti-level Matching Markets
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Guillaume RogerMonash UniversityPreemption equilibrium in a storage game
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Stéphane BouchéUniversitat de les Illes BalearsWealth Distribution in the Perpetual Youth Model
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Rodrigo RaadUFMGOn Time Consistency and Equilibrium Existence in a Ramsey-Friedman-Stackelberg Model
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Mikhail PakhninUniversitat de les Illes BalearsCarbon Budget Depletion under Country Heterogeneity
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Xinyang WangITAMEquilibrium Stability and Uniqueness with a Large Number of Commodities and Patient Consumers
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Wilfredo SosaUCBA theoretical mathematical model for endogenous growth including the environment
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Kaosu MatsumoriHitotsubashi UniversityInterpersonal Comparison of Utility from Neural Signals: Implications for Welfare Aggregation and Redistribution
Coffee Break
Parallel Sessions
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Luca ColomboUniversità Cattolica del Sacro CuoreConflict Over Renewable Energy Facilities, Multiple Externalities and Community Ownership
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Rogerio MazaliUNBLarge Prosumers in Energy Markets Subject to Weather Risk
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Jorge ZamoranoUniversidad de Santiago de ChileExtended Producer Responsibility under Uncertainty and Market Power
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Paolo NaticchioniUniversità Roma TreRemote Work and Labor Market Power
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Santiago PintoFederal Reserve Bank of RichmondCorporate Income Tax, Formula Apportionment, and Multi-regional Firms
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Caio BloiseInsperThe Labor-Market Effects of Conditional Cash Transfer with Informality
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Juan D. Moreno-TerneroUniversidad Pablo de OlavideProportional redistribution
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Danilo CoelhoIPEASelecting Winners or Excluding Losers: A Duality Approach to Bilateral Multiwinner Compromise
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João Gabriel GarcezFGV EPGEEarmarking for Kin: Family Networks and Pork Barrel in Brazil
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Pedro JaraUniversidad de Santiago de ChilePublic Coordination in Small Social Movements
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Oscar VolijBen Gurion UniversityBeauty Contests: Beyond Gaussian Uncertainty
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Lucas de LaraColumbia UniversityRational Choice Overload
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Rosina RodriguezUniversidad de la RepúblicaWho Borrows from Whom? Market Segmentation in Consumer Loans
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Rafael Costa LimaUFPEBuy now, pay later
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Igo DobbeErasmus University RotterdamOptimal taxation of risky capital
Break
Early Childhood Education: Successes and Perspectives
Policy Session
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Aloisio AraujoFGV EPGE and IMPA
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Flávio CunhaRice University
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Bruno OgavaFGV EPGE
The Necessary Fiscal Adjustment
Policy Session
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Joaquim LevyBanco Safra; former Minister of Finance
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Marcos MendesInsper; former Head of the Special Advisory Unit, Ministry of Finance
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Braulio BorgesFGV IBRE and LCA Consultores
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Dyogo OliveiraCEO, CNseg; former Minister of Planning
Agenda
July 22 · Wednesday · Morning
Coffee
Parallel Sessions
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Michael FrançaInsper50 Shades of Guilt: Exploring the Role of Race in Drug Trafficking Indictment in Brazil
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Alexandre MarinhoIPEA / UERJTechnical efficiency in employment rates among uneducated Black Women across Brazilian Macro-Regions: A Stochastic Frontier Analysis
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Vivian NascimentoUERJHigher Education, Affirmative Action Policies, and the Trajectories of the Black Brazilian Population in the Labor Market
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Eduardo FagundesIPEAAffirmative Action and Selection into Federal Public Careers: Evidence from a Nationwide Exam in Brazil
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Alexander NesterovHSE University, St.PetersburgBalancing Incentives and Efficiency via Constrained Deferred Acceptance
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Inacio BoUniversity of MacauVisibly Fair Mechanisms
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Guillaume HaeringerBaruch CollegeEpistemic Stability for Assignment Problems
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Andreas OrlandCorvinus University of BudapestPlaying Prisoner’s Dilemma Games with a Large Language Model
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João TherezeDuke University (Fuqua)Delegated Contracting
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Lucas MaestriFGV EPGEMediation in Dynamic Contracting
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Henrique de OliveiraFGV EESPDynamic Information Design via Deviation Rules
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Caio LorecchioUniversity of BarcelonaMultilateral Bargaining with Informational Spillovers
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Rodrigo MyiamotoFGV EPGEBlaming the Wrong Policymaker? Fiscal Imbalances Behind Brazil’s Inflation Target Misses
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André LelisFGV EPGEFiscal-Monetary Policy Interactions in Brazil: Evidence from a Model with Partial Fiscal Backing
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Rafael Chaves SantosFGV EPGETheory Meets Algorithms: Inflation Forecasting in Brazil
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Enrico GiarettaFGV EPGEOptimal Inflation Targets under Fiscal Fragility and Imperfect Information
Coffee Break
Keynote Speakers
Keynote Speaker
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Pierre-André ChiapporiColumbia UniversityIs General Equilibrium Empirically Testable?
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Flávio CunhaRice UniversityBeliefs, Attention, and Investments in Early Childhood
Lunch Break
Agenda
July 22 · Wednesday · Afternoon
Parallel Sessions
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Rafael AraujoFGV EESPWhen Clouds Go Dry: An Integrated Model of Deforestation, Rainfall, and Agriculture
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Juliano AssunçãoPUC Rio and CPIThe Role of Sanctions and Spillovers in Forest Conservation
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Francisco CostaFGV EPGEConservation Policy with Political Resistance
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Carlos CostaFGV EPGEGender-specific subsidies and female empowerment in optimal taxation.
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Andrea FloresFGV EPGEDivorce Laws, Matrimonial Regimes, and Family Behavior
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Paula PeredaUSPMothers, Daughters, and the Sexual Division of Labor
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Camila SoaresIPEAEarly Childhood Development in Vulnerable Neighborhoods: the case of São Paulo.
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Joan RoblesUniversidad Nacional de ColombiaTime Partitioning in Non-Recombining HJM Trees for Prepayable Loan Valuation
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Felipe IachanFGV EPGESpatial Risk Premia in Residential Real Estate
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Diego de Sousa RodriguesQuebecInventories matter for the transmission of monetary policy: uncovering the cost-of-carry channel
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Bruno AmatWisconsinWhen Wholesalers Join the Cartel: Prices, Markups, and Rent Sharing
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Vinícius TinéPIMESPolitical accountability with uncertainty in voter information
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Bernd TheilenUniversitat Rovira i VirgiliDownward risk, upward opportunity, and support for radical parties
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Daniel GottliebUSC MarshallRegulating Inaction: The Case of Price Walking
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Henique Castro PiresHBSIncentives and Selection
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Chistopher SandamannLSEMarket Structure and Adverse Selection
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Alan MillerWestern UniversityHolding Aggregation
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Gabriel GralFGV EPGERepeated Trade with Divisible Goods
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Alvaro SandroniNorthwestern University (Kellogg)Bootstrapping Theories
Coffee Break
Parallel Sessions
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Elshan GarashliUniversity of GrazBargaining Power Weights Are Not Portable: Realized Position and Protocol Choice in Supply Chains
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Eddie SchleeArizona State UniversityOptimal Public-Good Regulation with Consumer Risk Aversion and Income Effects
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Taric Latif PadovaniFGV EPGEOptimal Provision of Urban Infrastructure: Theory and Evidence from Brazilian Cities
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Helmuth CremerToulouse School of EconomicsProvision and pricing of childcare in an extensive margin optimal tax model
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Leandro LyraUERJ/SenadoThe Design of Optimally Balanced Pay-as-you-go Social Security Systems
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Robson SoaresTCE PRPublic Sector Financing Needs and the Multi-Year Plan Maturity Index in the Municipalities of Paraná
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Chiara CantaToulouse Business SchoolPlatform entry and price negotiation in the healthcare sector
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Robert SomogyiBudapest University of Technology and EconomicsAI summaries and content discovery
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Juan D. Moreno-TerneroUniversidad Pablo de OlavideNew methods to compensate artists in music streaming platforms
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Daniel HabermacherUniversidad de los Andes, ChileA Theory of Policy Influence
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Rafael VeielUniversity of Texas at AustinStrong Information Design
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Eduardo FabresUFRGSParty Discipline, Coordination and Political Survival
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Daniel FogoBNDESInvestment Stimulus Policy in Networks
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João Maria de OliveiraIPEAConsumption Taxation, Productivity, and Tax Reform in Brazil: A Computable General Equilibrium Analysis
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Gil NavarroFGV EPGEShould Governments Tax Commodities Uniformly? Theory and Evidence from Brazil
Break
FGC, Supervision, Regulation, and Resolution of Banks and Insurers
Policy Session
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Aloisio AraujoFGV EPGE and IMPA
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Ana Carla AbrãoCEO Open Finance Brasil; former Finance Secretary of the State of Goiás
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Renê Garcia Jr.CEO Banco Regional de Desenvolvimento do Extremo Sul
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Alexandre LealTechnical Director, CNseg
Bankruptcy Law: Advances and Perspectives
Policy Session
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Aloisio AraujoFGV EPGE and IMPA
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Bruno FunchalCEO, Bradesco Asset; former National Treasury Secretary
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Rafael FerreiraUniversity of São Paulo
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Daniel Carnio Costaformer Judge, 1st Bankruptcy and Judicial Reorganization Court of São Paulo
Conference Dinner at Assador
Av. Infante Dom Henrique - Aterro do Flamengo
Agenda
July 23 · Thursday · Morning
Coffee
Parallel Sessions
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Gustavo OliveiraFGV EPGEVoting for Managers: Selection Methods in Public Schools
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Sophie MathesFGV EPGELabor Market Power and Spatial Policies
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Rafael Roos GuthmannUAH, SantiagoPolitical Polycentrism and the Origins of Inclusive Institutions
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Fabio MarianiUCLouvainThe shadow of Rome: Fascism, nation building and the political legacy of history
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Felipe SigristUSPThe Market for Contracted Violence: A Microeconomic Approach to Hired Gunmen
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Humberto MartinezUniversidad de ChileCapital controls on outflows: theory and policy implications
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Yvan BecardPUC RioIs Public Spending Regressive?
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Caio MachadoPUC ChileManaging overreaction during a run
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Ana Elisa PereiraUniversidad de los Andes, ChileDynamic Network Effects with Fear of Missing Out
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Benjamin MattaFGV EESPThe Peace-War Cycle
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Nizar AllouchUniversity of KentDefault Propagation in Financial Networks
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Shai Oliveira-VazFGV EPGECan Pasture Recovery Curb Deforestation in Brazil? Evidence from a Dynamic Model
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Caio Moretz-SohnFGV EPGEBetween Regularization and Contestation: Brazil's Rural Environmental Registry and Land-Use Change in the Amazon
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Carlos Guilherme CabrineFGV EPGEEnvironmental Regulation and Labor Reallocation: Evidence from a developing economy
Coffee Break
Steven Berry
Keynote Speaker
FGV Cultural Center
Myrna Wooders
Keynote Speaker
12th floor
Lunch Break
Agenda
July 23 · Thursday · Afternoon
In honor of Aloisio Araujo (80th Birthday)
Keynote Speakers
Keynote Speaker
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Bernard SalaniéColumbia UniversityScreening: bridging theory and practiceChair: Humberto Moreira
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Sudipta SarangiVirginia TechNetworks, Uncertainty and GamesChair: Myrna Wooders
Coffee Break
Inflation Target Level: Theory and the Brazilian Case
Policy Session
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Aloisio AraujoFGV EPGE and IMPA
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Rafael SantosFGV EPGE
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Vitor CostaIMPA
Break
The Implementation of the Brazilian VAT
Policy Session
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Bernard AppyFormer Secretary for Tax Reform, Ministry of Finance
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Samuel KinoshitaFinance and Planning Secretary, State of São Paulo
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Isaias CoelhoFGV Direito SP; former Chief of the Tax Policy Division, IMF
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Cristiane SchmidtCEO, MSGás; former Economy Secretary of the State of Goiás
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Aloisio AraujoFGV EPGE and IMPA

