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.

Scientific Areas

Macroeconomics and Economic Policy

Publications

Paper

Externalities of human capital

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

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Paper

Intra-industry trade, involuntary unemployment and macroeconomic stability

CATÓLICA-LISBON Researcher(s): Teresa Lloyd Braga
Antoine Le Riche, Journal of Mathematical Economic…, 2021

Change Eat! Projeto europeu usa produtos inovadores com insetos comestíveis e leguminosas para promover mudança de hábitos alimentares

Se pudéssemos oferecer à economia 2 dos nossos 12 desejos, quais seriam?

Negotiation Specialization Program

Teresa Lloyd Braga

Teresa Lloyd Braga

Externalities of human capital

Intra-industry trade, involuntary unemployment and macroeconomic stability

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

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

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

Market distortions and local indeterminacy: A general approach

National labor markets, international factor mobility and macroeconomic instability

Unionized labor markets and globalized capital markets

Unionized labor markets and globalized capital markets

Business cycles with free entry ruled by animal spirits

Indeterminacy, bifurcations, and unemployment fluctuations

Tax rate variability and public spending as sources of indeterminacy

Indeterminacy in a finance constrained unionized economy

Indeterminacy in dynamic models: When Diamond meets Ramsey

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

Endogenous fluctuations in unionized economies with productive externalities

Non-linear endogenous fluctuations with free entry and variable markups

Endogenous business cycles and systematic stabilization policy

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

Endogenous fluctuations in an open economy with increasing returns to scale

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

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