Program

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

16:00 - 16:30

Welcome Cocktail

16:30 - 17:40

Opening Lecture by Lars Hansen

  • The University of Chicago
    Asset Pricing, Decision Theory, and Public Policy Design
    FGV Cultural Center

Agenda

July 21 · Tuesday · Morning

8:00 - 8:20

Welcome Desk and Coffee

8:20 - 8:50

Opening Ceremony

FGV Cultural Center
  • Carlos Ivan Simonsen Leal
    President of FGV
  • Aloisio Araujo
    Vice Dean of FGV EPGE, representing the Dean
  • Myrna Wooders
    President of the Association for Public Economic Theory (APET).
9:00 - 11:00

Parallel Sessions

Climate Change, Taxation & Risk Invited Session
Chair: Klenio de Souza Barbosa · Room 306
  • Carola Theunisz
    Erasmus School of Economics
    Environmental Bank Regulation and Corporate Lending Technology
  • Ariaster Chimeli
    FEA-USP
    Trading Lives: Firm Dynamics, Pollution, and Mortality in the Wake of the China Shock
  • Marcelo Sant'Anna
    FGV EPGE
    Powerful Forests: The Welfare Implications of Deforestation for the Power Sector
  • Klenio Barbosa
    SKEMA Business School
    Financing Climate Change Mitigation Projects: Cost and Environmental Performance of Government Green Bonds

Courts, Credit & Firm Networks Invited Session
Chair: Flávio Moraes · Room 307
  • Dimas Fazio
    NUS
    Court Quality and Propagation of Supply Chain Shocks
  • Gil Nogueira
    Banco de Portugal
    Judicial Enforcement, Credit Frictions, and the Transmission of Bankruptcy through Firm Networks
  • Pedro Amoni
    Insper
    Judicial Discretion, Credit, and the Real Economy
  • Rafael Ferreira
    FEA USP
    Bankruptcy Outcomes in Congested Courts: Evidence from Brazil

IPEA: Macro, Development & GE Invited Session
Chair: João Maria de Oliveira · Room 409
  • Elcyon Lima
    UERJ
    Macroeconomic Effects of Subsidized Credit
  • Marco Cavalcanti
    IPEA
    Fiscal Multipliers in an Emerging Economy.
  • Felipe Morelli da Silva
    IPEA
    Economic and Sectoral Impacts of a Carbon Market in Brazil: A Dynamic Recursive Computable General Equilibrium Analysis.
  • Thiago Martinez
    IPEA and UERJ
    Investment Networks and Regional Industrial Policy

Mechanism Design and Information
Room 318
  • Endre Csóka
    Alfréd Rényi Institute of Mathematics
    Efficiency and Collusion-Proofness in Dynamic Mechanism Design
  • Andrew Choi
    University of Michigan
    Providing Certainty
  • Constantine Sorokin
    University of Glasgow
    Adverse Selection in Teams
  • Ricardo Fonseca
    Bogota
    Keeping Experts Honest

Economics of Education: Empirical Advances and Policy Lessons Invited Session
Chair: Bruno Ogava · Room 408
  • Bruno Ogava
    FGV EPGE
    Universal Preschool and Educational Inequality: Evidence from Brazil
  • Caio Miguez
    FGV EPGE
    Marginal Treatment Effects of Childcare on Cognitive Skills: Evidence from Brazil
  • Vitor Pereira
    UFRJ
    The Effects of Community-Based Preschool on Child Development in Rural Mozambique: Evidence from a Randomized Experiment
  • Gabriel Sallum
    FGV EPGE
    School Funding, Teacher’s Labor Market, and Student Outcomes

Redistribution, Predistribution & Social Insurance Invited Session
Chair: Luca Micheletto · Room 308
  • Sebastian Koehne
    Kiel University
    Redistribution with unequal life expectancy
  • Carlos da Costa
    FGV EPGE
    Optimal Risk Sharing and Incentive Provision in Social Security Systems
  • Luca Micheletto
    University of Milan
    Predistribution, redistribution, and the education of the Joneses
  • Aart Gerritsen
    Erasmus School of Economics
    To redistribute or to predistribute? The minimum wage versus income taxation when workers differ in both wages and working hours

11:00 - 11:30

Coffee Break

Centro Cultural
11:30 - 12:30

James Heckman

Keynote Speaker

The University of Chicago
Chair: Aloisio Araujo
Title TBD
 

FGV Cultural Center

12:30 - 14:00

Lunch Break

Agenda

July 21 · Tuesday · Afternoon

14:00 - 15:30

Parallel Sessions

IPEA-RBECrim: Economics of Crime Invited Session
Chair: Danilo Santa Cruz · Room 409

Opening Remarks by Daniel Cerqueira and Danilo Coelho

  • Leonardo Schmitz Mosca
    IPARDES
    Direct and Indirect Effects of the Implementation of the Federal Penitentiary System on Crime in Brazil.
  • Eduardo Almeida
    UFJF
    Estimation of the Deterrence Effect of the Police Using the Olympic Games in Rio de Janeiro.
  • Bruno Truzzi
    PUC Campinas / IPEA
    Cash Transfers, Human Capital, and Youth Lethal Violence: Quasi-Experimental Evidence from the Bolsa Trabalho Program in Osasco, Brazil

Public Sector & SOEs
Room 307
  • Emilson Silva
    Auckland
    Dynamics of fiscal habits and soft budgets in federations
  • Marcio Garcia
    PUC Rio
    Measuring Financial Subsidies to SOEs: A New Asset Return-Based Framework
  • Johan Willner
    Åbo Akademi University
    State Ownership in Mixed Markets – an Instrument for Social Justice?

Taxation in Production Networks
Room 408
  • Felipe Lobel
    Duke
    Market Power and VAT Incidence Along the Production Network
  • Perla Rocha
    FGV EPGE
    Who Pays the Price? Distributional Effects of Tax Uniformity in a Network Economy
  • Miguel Orrillo
    IPEA
    Sector-Differentiated Tax Exemptions in Investment Networks

Matching Markets & Dynamic Games
Room 306
  • Gustavo Quinderé Saraiva
    PUC Chile
    Manipulation of Attractiveness in Two-Sided Matching Markets
  • Gabriela Denis
    Universidad de Chile
    Multi-level Matching Markets
  • Guillaume Roger
    Monash University
    Preemption equilibrium in a storage game

Macroeconomic Dynamics & Optimal Policy
Room 308
  • Stéphane Bouché
    Universitat de les Illes Balears
    Wealth Distribution in the Perpetual Youth Model
  • Rodrigo Raad
    UFMG
    On Time Consistency and Equilibrium Existence in a Ramsey-Friedman-Stackelberg Model
  • Mikhail Pakhnin
    Universitat de les Illes Balears
    Carbon Budget Depletion under Country Heterogeneity

General Equilibrium, Growth & Utility Theory
Room 317
  • Xinyang Wang
    ITAM
    Equilibrium Stability and Uniqueness with a Large Number of Commodities and Patient Consumers
  • Wilfredo Sosa
    UCB
    A theoretical mathematical model for endogenous growth including the environment
  • Kaosu Matsumori
    Hitotsubashi University
    Interpersonal Comparison of Utility from Neural Signals: Implications for Welfare Aggregation and Redistribution

15:30 - 16:00

Coffee Break

16:00 - 17:30

Parallel Sessions

Energy Markets & Environmental IO
Room 308
  • Luca Colombo
    Università Cattolica del Sacro Cuore
    Conflict Over Renewable Energy Facilities, Multiple Externalities and Community Ownership
  • Rogerio Mazali
    UNB
    Large Prosumers in Energy Markets Subject to Weather Risk
  • Jorge Zamorano
    Universidad de Santiago de Chile
    Extended Producer Responsibility under Uncertainty and Market Power

Labor Markets, Taxation & Informality
Room 409
  • Paolo Naticchioni
    Università Roma Tre
    Remote Work and Labor Market Power
  • Santiago Pinto
    Federal Reserve Bank of Richmond
    Corporate Income Tax, Formula Apportionment, and Multi-regional Firms
  • Caio Bloise
    Insper
    The Labor-Market Effects of Conditional Cash Transfer with Informality

Allocation Rules & Political Redistribution
Room 408
  • Juan D. Moreno-Ternero
    Universidad Pablo de Olavide
    Proportional redistribution
  • Danilo Coelho
    IPEA
    Selecting Winners or Excluding Losers: A Duality Approach to Bilateral Multiwinner Compromise
  • João Gabriel Garcez
    FGV EPGE
    Earmarking for Kin: Family Networks and Pork Barrel in Brazil

Complementarities and Games Invited Session
Room 306
  • Pedro Jara
    Universidad de Santiago de Chile
    Public Coordination in Small Social Movements
  • Oscar Volij
    Ben Gurion University
    Beauty Contests: Beyond Gaussian Uncertainty
  • Lucas de Lara
    Columbia University
    Rational Choice Overload

Credit Markets and Pricing Invited Session
Chair: Ana Elisa Pereira · Room 307
  • Rosina Rodriguez
    Universidad de la República
    Who Borrows from Whom? Market Segmentation in Consumer Loans
  • Rafael Costa Lima
    UFPE
    Buy now, pay later
  • Igo Dobbe
    Erasmus University Rotterdam
    Optimal taxation of risky capital

17:30 - 18:00

Break

18:00 - 19:30

Early Childhood Education: Successes and Perspectives

Policy Session

FGV Cultural Center
  • Aloisio Araujo
    FGV EPGE and IMPA
  • Flávio Cunha
    Rice University
  • Bruno Ogava
    FGV EPGE
18:00 - 19:30

The Necessary Fiscal Adjustment

Policy Session

12th floor
  • Joaquim Levy
    Banco Safra; former Minister of Finance
  • Marcos Mendes
    Insper; former Head of the Special Advisory Unit, Ministry of Finance
  • Braulio Borges
    FGV IBRE and LCA Consultores
  • Dyogo Oliveira
    CEO, CNseg; former Minister of Planning

Agenda

July 22 · Wednesday · Morning

8:00 - 9:00

Coffee

9:00 - 11:00

Parallel Sessions

IPEA: Race, Inequality & Labor Invited Session
Chair: Alexandre Marinho · Room 409
  • Michael França
    Insper
    50 Shades of Guilt: Exploring the Role of Race in Drug Trafficking Indictment in Brazil
  • Alexandre Marinho
    IPEA / UERJ
    Technical efficiency in employment rates among uneducated Black Women across Brazilian Macro-Regions: A Stochastic Frontier Analysis
  • Vivian Nascimento
    UERJ
    Higher Education, Affirmative Action Policies, and the Trajectories of the Black Brazilian Population in the Labor Market
  • Eduardo Fagundes
    IPEA
    Affirmative Action and Selection into Federal Public Careers: Evidence from a Nationwide Exam in Brazil

Matching Invited Session
Chair: Guillaume Haeringer · Room 306
  • Alexander Nesterov
    HSE University, St.Petersburg
    Balancing Incentives and Efficiency via Constrained Deferred Acceptance
  • Inacio Bo
    University of Macau
    Visibly Fair Mechanisms
  • Guillaume Haeringer
    Baruch College
    Epistemic Stability for Assignment Problems
  • Andreas Orland
    Corvinus University of Budapest
    Playing Prisoner’s Dilemma Games with a Large Language Model

Information and Markets Invited Session
Chair: Caio Lorecchio · Room 307
  • João Thereze
    Duke University (Fuqua)
    Delegated Contracting
  • Lucas Maestri
    FGV EPGE
    Mediation in Dynamic Contracting
  • Henrique de Oliveira
    FGV EESP
    Dynamic Information Design via Deviation Rules
  • Caio Lorecchio
    University of Barcelona
    Multilateral Bargaining with Informational Spillovers

Macro & Fiscal-Monetary Invited Session
Chair: Rafael Santos · Room 308
  • Rodrigo Myiamoto
    FGV EPGE
    Blaming the Wrong Policymaker? Fiscal Imbalances Behind Brazil’s Inflation Target Misses
  • André Lelis
    FGV EPGE
    Fiscal-Monetary Policy Interactions in Brazil: Evidence from a Model with Partial Fiscal Backing
  • Rafael Chaves Santos
    FGV EPGE
    Theory Meets Algorithms: Inflation Forecasting in Brazil
  • Enrico Giaretta
    FGV EPGE
    Optimal Inflation Targets under Fiscal Fragility and Imperfect Information

11:00 - 11:30

Coffee Break

11:30 - 12:30

Keynote Speakers

Keynote Speaker

FGV Cultural Center
  • Pierre-André Chiappori
    Columbia University
    Is General Equilibrium Empirically Testable?
  • Flávio Cunha
    Rice University
    Beliefs, Attention, and Investments in Early Childhood
Chair: Luis Braido
12:30 - 14:00

Lunch Break

Agenda

July 22 · Wednesday · Afternoon

14:00 - 15:30

Parallel Sessions

Climate, Policy & Politics Invited Session
Chair: Francisco Costa · Room 408
  • Rafael Araujo
    FGV EESP
    When Clouds Go Dry: An Integrated Model of Deforestation, Rainfall, and Agriculture
  • Juliano Assunção
    PUC Rio and CPI
    The Role of Sanctions and Spillovers in Forest Conservation
  • Francisco Costa
    FGV EPGE
    Conservation Policy with Political Resistance

IPEA: Gender & Public Policy Invited Session
Chair: Ana Luiza de Holanda Barbosa · Room 409
  • Carlos Costa
    FGV EPGE
    Gender-specific subsidies and female empowerment in optimal taxation.
  • Andrea Flores
    FGV EPGE
    Divorce Laws, Matrimonial Regimes, and Family Behavior
  • Paula Pereda
    USP
    Mothers, Daughters, and the Sexual Division of Labor
  • Camila Soares
    IPEA
    Early Childhood Development in Vulnerable Neighborhoods: the case of São Paulo.

Macro-Finance & Asset Pricing
Room 308
  • Joan Robles
    Universidad Nacional de Colombia
    Time Partitioning in Non-Recombining HJM Trees for Prepayable Loan Valuation
  • Felipe Iachan
    FGV EPGE
    Spatial Risk Premia in Residential Real Estate
  • Diego de Sousa Rodrigues
    Quebec
    Inventories matter for the transmission of monetary policy: uncovering the cost-of-carry channel

Political Accountability and Market Power
Room 317
  • Bruno Amat
    Wisconsin
    When Wholesalers Join the Cartel: Prices, Markups, and Rent Sharing
  • Vinícius Tiné
    PIMES
    Political accountability with uncertainty in voter information
  • Bernd Theilen
    Universitat Rovira i Virgili
    Downward risk, upward opportunity, and support for radical parties

Adverse Selection & Insurance Invited Session
Chair: Christopher Sandamann · Room 306
  • Daniel Gottlieb
    USC Marshall
    Regulating Inaction: The Case of Price Walking
  • Henique Castro Pires
    HBS
    Incentives and Selection
  • Chistopher Sandamann
    LSE
    Market Structure and Adverse Selection

Information, Beliefs & Markets Invited Session
Chair: Alvaro Sandroni · Room 307
  • Alan Miller
    Western University
    Holding Aggregation
  • Gabriel Gral
    FGV EPGE
    Repeated Trade with Divisible Goods
  • Alvaro Sandroni
    Northwestern University (Kellogg)
    Bootstrapping Theories

15:30 - 16:00

Coffee Break

16:00 - 17:30

Parallel Sessions

Supply Chains, Regulation & Infrastructure
Room 306
  • Elshan Garashli
    University of Graz
    Bargaining Power Weights Are Not Portable: Realized Position and Protocol Choice in Supply Chains
  • Eddie Schlee
    Arizona State University
    Optimal Public-Good Regulation with Consumer Risk Aversion and Income Effects
  • Taric Latif Padovani
    FGV EPGE
    Optimal Provision of Urban Infrastructure: Theory and Evidence from Brazilian Cities

Childcare, Social Security & Public Finance
Room 307
  • Helmuth Cremer
    Toulouse School of Economics
    Provision and pricing of childcare in an extensive margin optimal tax model
  • Leandro Lyra
    UERJ/Senado
    The Design of Optimally Balanced Pay-as-you-go Social Security Systems
  • Robson Soares
    TCE PR
    Public Sector Financing Needs and the Multi-Year Plan Maturity Index in the Municipalities of Paraná

Digital Platforms, Media & Content
Room 408
  • Chiara Canta
    Toulouse Business School
    Platform entry and price negotiation in the healthcare sector
  • Robert Somogyi
    Budapest University of Technology and Economics
    AI summaries and content discovery
  • Juan D. Moreno-Ternero
    Universidad Pablo de Olavide
    New methods to compensate artists in music streaming platforms

Information and Games Invited Session
Chair: Ana Elisa Pereira · Room 409
  • Daniel Habermacher
    Universidad de los Andes, Chile
    A Theory of Policy Influence
  • Rafael Veiel
    University of Texas at Austin
    Strong Information Design
  • Eduardo Fabres
    UFRGS
    Party Discipline, Coordination and Political Survival

Recent Tax Reforms in Brazil Invited Session
Chair: Gil Navarro · Room 317
  • Daniel Fogo
    BNDES
    Investment Stimulus Policy in Networks
  • João Maria de Oliveira
    IPEA
    Consumption Taxation, Productivity, and Tax Reform in Brazil: A Computable General Equilibrium Analysis
  • Gil Navarro
    FGV EPGE
    Should Governments Tax Commodities Uniformly? Theory and Evidence from Brazil

17:30 - 18:00

Break

18:00 - 19:30

FGC, Supervision, Regulation, and Resolution of Banks and Insurers

Policy Session

FGV Cultural Center
  • Aloisio Araujo
    FGV EPGE and IMPA
  • Ana Carla Abrão
    CEO Open Finance Brasil; former Finance Secretary of the State of Goiás
  • Renê Garcia Jr.
    CEO Banco Regional de Desenvolvimento do Extremo Sul
  • Alexandre Leal
    Technical Director, CNseg
18:00 - 19:30

Bankruptcy Law: Advances and Perspectives

Policy Session

12th floor
  • Aloisio Araujo
    FGV EPGE and IMPA
  • Bruno Funchal
    CEO, Bradesco Asset; former National Treasury Secretary
  • Rafael Ferreira
    University of São Paulo
  • Daniel Carnio Costa
    former Judge, 1st Bankruptcy and Judicial Reorganization Court of São Paulo
20:00 - 22:00

Conference Dinner at Assador

Av. Infante Dom Henrique - Aterro do Flamengo

Agenda

July 23 · Thursday · Morning

9:00 - 9:30

Coffee

9:30 - 11:00

Parallel Sessions

Education, Segregation & Spatial Policy
Room 306
  • Gustavo Oliveira
    FGV EPGE
    Voting for Managers: Selection Methods in Public Schools
  • Sophie Mathes
    FGV EPGE
    Labor Market Power and Spatial Policies

Institutions & the Political Economy of Conflict
Room 409
  • Rafael Roos Guthmann
    UAH, Santiago
    Political Polycentrism and the Origins of Inclusive Institutions
  • Fabio Mariani
    UCLouvain
    The shadow of Rome: Fascism, nation building and the political legacy of history
  • Felipe Sigrist
    USP
    The Market for Contracted Violence: A Microeconomic Approach to Hired Gunmen

Macro and Financial Policies Invited Session
Chair: Caio Machado · Room 307
  • Humberto Martinez
    Universidad de Chile
    Capital controls on outflows: theory and policy implications
  • Yvan Becard
    PUC Rio
    Is Public Spending Regressive?
  • Caio Machado
    PUC Chile
    Managing overreaction during a run

Dynamic Games & Decisions Invited Session
Chair: TBD · Room 308
  • Ana Elisa Pereira
    Universidad de los Andes, Chile
    Dynamic Network Effects with Fear of Missing Out
  • Benjamin Matta
    FGV EESP
    The Peace-War Cycle
  • Nizar Allouch
    University of Kent
    Default Propagation in Financial Networks

Environmental Policy & Land Use
Room 408
  • Shai Oliveira-Vaz
    FGV EPGE
    Can Pasture Recovery Curb Deforestation in Brazil? Evidence from a Dynamic Model
  • Caio Moretz-Sohn
    FGV EPGE
    Between Regularization and Contestation: Brazil's Rural Environmental Registry and Land-Use Change in the Amazon
  • Carlos Guilherme Cabrine
    FGV EPGE
    Environmental Regulation and Labor Reallocation: Evidence from a developing economy

11:00 - 11:30

Coffee Break

11:30 - 12:30

Steven Berry

Keynote Speaker

Yale University
Chair: Marcelo Sant'Anna
Empirical Choice Modeling and Voting Behavior, with application to US Congressional Elections

FGV Cultural Center

11:30 - 12:30

Myrna Wooders

Keynote Speaker

Vanderbilt University
Chair: Helmuth Cremer
Clubs, pricing objects, and the representative consumer

12th floor

12:30 - 14:00

Lunch Break

Agenda

July 23 · Thursday · Afternoon

In honor of Aloisio Araujo (80th Birthday)

14:00 - 15:00

Keynote Speakers

Keynote Speaker

FGV Cultural Center
  • Bernard Salanié
    Columbia University
    Screening: bridging theory and practice
    Chair: Humberto Moreira
  • Sudipta Sarangi
    Virginia Tech
    Networks, Uncertainty and Games
    Chair: Myrna Wooders
15:00 - 15:30

Coffee Break

15:30 - 17:00

Inflation Target Level: Theory and the Brazilian Case

Policy Session

FGV Cultural Center
  • Aloisio Araujo
    FGV EPGE and IMPA
  • Rafael Santos
    FGV EPGE
  • Vitor Costa
    IMPA
17:00 - 17:30

Break

17:30 - 19:00

The Implementation of the Brazilian VAT

Policy Session

FGV Cultural Center
  • Bernard Appy
    Former Secretary for Tax Reform, Ministry of Finance
  • Samuel Kinoshita
    Finance and Planning Secretary, State of São Paulo
  • Isaias Coelho
    FGV Direito SP; former Chief of the Tax Policy Division, IMF
  • Cristiane Schmidt
    CEO, MSGás; former Economy Secretary of the State of Goiás
  • Aloisio Araujo
    FGV EPGE and IMPA