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, and on welfare, in general equilibrium macrodynamic models.


Publications

Paper
Externalities of human capital
Mathematical Social Sciences (in press) , 2021
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Paper
Intra-industry trade, involuntary unemployment and macroeconomic stability
Journal of Mathematical Economic…, 2021
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Paper
The failure of stabilization policy: balanced-budget fiscal rules in the presence of incompressible public expenditures
Journal of Economic Dybnamics and Contro…, 2020
Book chapter
Can Consumption Taxes Stabilize the Economy in the Presence of Consumption Externalities?
Sunspots and Non-Linear Dynamic…, 2017
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Paper
The destabilizing effects of the social norm to work under a social security system
Mathematical Social Science…, 2015
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Paper
Market distortions and local indeterminacy: A general approach
Journal of Economic Theor…, 2014
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Paper
National labor markets, international factor mobility and macroeconomic instability
Economic Theor…, 2010
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Paper
Unionized labor markets and globalized capital markets
Journal of International Economic…, 2009
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Paper
Business cycles with free entry ruled by animal spirits
Journal of Economic Dynamics and Contro…, 2008
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Paper
Indeterminacy, bifurcations, and unemployment fluctuations
Macroeconomic Dynamic…, 2008
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Paper
Tax rate variability and public spending as sources of indeterminacy
Journal of Public Economic Theor…, 2008
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Paper
Indeterminacy in a finance constrained unionized economy
Journal of Mathematical Economic…, 2007
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Paper
Indeterminacy in dynamic models: When Diamond meets Ramsey
Journal of Economic Theor…, 2007
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Paper
Indeterminacy with small externalities: The role of non-separable preferences
International Journal of Economic Theor…, 2006
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Paper
Endogenous fluctuations in unionized economies with productive externalities
Economic Theor…, 2005
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Paper
Non-linear endogenous fluctuations with free entry and variable markups
Journal of Economic Dynamics and Contro…, 2005
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Paper
Endogenous business cycles and systematic stabilization policy
International Economic Revie…, 2003
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Paper
Can market power sustain endogenous growth in overlapping-generations economies?
Economic Theor…, 2002
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Paper
Endogenous fluctuations in an open economy with increasing returns to scale
Journal of Economic Dynamics and Contro…, 2000
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Paper
Increasing Returns to Scale and Nonlinear Endogenous Fluctuations in a Simple Overlapping Generations Model: A Pedagogical Note
Annales d'Économie et de Statistiqu…, 2000
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Paper
Multiple Steady States and Endogenous Fluctuations with Increasing Returns to Scale in Production
Journal of Economic Theor…, 1998
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