Teresa Lloyd Braga

Full Professor
Teresa Lloyd-Braga, Full Professor at Universidade Católica Portuguesa (UCP), Vice-Rector of UCP (November 2016-October 2020) and Academic Director of the MSc in Economics at Catolica Lisbon School of Business and Economics (CLSBE, 2011-2017). Holds a PhD in Economics (UCP-CLSBE, Portugal, 1996) and the undergraduate degree in Economics (UCP-CLSBE, Portugal, 1981). Her main area of research is Macroeconomic Dynamics, more specifically, Endogenous Business Cycles in closed and open economies. Her main research works center around the role of market distortions and fiscal policy rules for the existence of indeterminacy and multiple equilibria.
Paper

Externalities of human capital

CATÓLICA-LISBON Researcher(s): Teresa Lloyd Braga
Bosi, S., Nishimura, K. , Mathematical Social Sciences (in press) , 2021
Paper

The failure of stabilization policy: balanced-budget fiscal rules in the presence of incompressible public expenditures

CATÓLICA-LISBON Researcher(s): Teresa Lloyd Braga
Lloyd-Braga, Teresa, Journal of Economic Dybnamics and Contro…, 2020
Book chapter

Can Consumption Taxes Stabilize the Economy in the Presence of Consumption Externalities?

CATÓLICA-LISBON Researcher(s): Teresa Lloyd Braga
Lloyd-Braga, Teresa, Sunspots and Non-Linear Dynamic…, 2017
Paper

The destabilizing effects of the social norm to work under a social security system

CATÓLICA-LISBON Researcher(s): Teresa Lloyd Braga
Dos Santos Ferreira, R., Mathematical Social Science…, 2015
Paper

Market distortions and local indeterminacy: A general approach

CATÓLICA-LISBON Researcher(s): Teresa Lloyd Braga
Lloyd-Braga, T., Journal of Economic Theor…, 2014
Paper

National labor markets, international factor mobility and macroeconomic instability

CATÓLICA-LISBON Researcher(s): Teresa Lloyd Braga
Aloi, M., Economic Theor…, 2010
Paper

Unionized labor markets and globalized capital markets

CATÓLICA-LISBON Researcher(s): Teresa Lloyd Braga
Aloi, M., Journal of International Economic…, 2009
Paper

Unionized labor markets and globalized capital markets

CATÓLICA-LISBON Researcher(s): Teresa Lloyd Braga & Manuel Leite Monteiro
Aloi, M., Journal of International Economic…, 2009
Paper

Business cycles with free entry ruled by animal spirits

CATÓLICA-LISBON Researcher(s): Teresa Lloyd Braga
Dos Santos Ferreira, R., Journal of Economic Dynamics and Contro…, 2008
Paper

Indeterminacy, bifurcations, and unemployment fluctuations

CATÓLICA-LISBON Researcher(s): Teresa Lloyd Braga
Dufourt, F., Macroeconomic Dynamic…, 2008
Paper

Tax rate variability and public spending as sources of indeterminacy

CATÓLICA-LISBON Researcher(s): Teresa Lloyd Braga
Lloyd-Braga, T., Journal of Public Economic Theor…, 2008
Paper

Indeterminacy in a finance constrained unionized economy

CATÓLICA-LISBON Researcher(s): Teresa Lloyd Braga
Lloyd-Braga, T., Journal of Mathematical Economic…, 2007
Paper

Indeterminacy in dynamic models: When Diamond meets Ramsey

CATÓLICA-LISBON Researcher(s): Teresa Lloyd Braga
Lloyd-Braga, T., Journal of Economic Theor…, 2007
Paper

Indeterminacy with small externalities: The role of non-separable preferences

CATÓLICA-LISBON Researcher(s): Teresa Lloyd Braga
Lloyd-Braga, Teresa, International Journal of Economic Theor…, 2006
Paper

Endogenous fluctuations in unionized economies with productive externalities

CATÓLICA-LISBON Researcher(s): Teresa Lloyd Braga
Coimbra, R., Economic Theor…, 2005
Paper

Non-linear endogenous fluctuations with free entry and variable markups

CATÓLICA-LISBON Researcher(s): Teresa Lloyd Braga
Dos Santos Ferreira, R., Journal of Economic Dynamics and Contro…, 2005
Paper

Endogenous business cycles and systematic stabilization policy

CATÓLICA-LISBON Researcher(s): Teresa Lloyd Braga
Aloi, M., International Economic Revie…, 2003
Paper

Can market power sustain endogenous growth in overlapping-generations economies?

CATÓLICA-LISBON Researcher(s): Teresa Lloyd Braga
Ferreira, R.D.S., Economic Theor…, 2002
Paper

Endogenous fluctuations in an open economy with increasing returns to scale

CATÓLICA-LISBON Researcher(s): Teresa Lloyd Braga
Aloi, M., Journal of Economic Dynamics and Contro…, 2000
Paper

Increasing Returns to Scale and Nonlinear Endogenous Fluctuations in a Simple Overlapping Generations Model: A Pedagogical Note

CATÓLICA-LISBON Researcher(s): Teresa Lloyd Braga
Lloyd-Braga, Annales d'Économie et de Statistiqu…, 2000
Paper

Multiple Steady States and Endogenous Fluctuations with Increasing Returns to Scale in Production

CATÓLICA-LISBON Researcher(s): Teresa Lloyd Braga
Cazzavillan, G., Journal of Economic Theor…, 1998