Teresa Lloyd Braga

Full Professor

Generic Bio

Full Professor at Universidade Católica Portuguesa (UCP), Vice-Rector of UCP (November 2016-October 2020) and Academic Director of the MSc in Economics at Católica 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.

Visiting Professor

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

Teresa Lloyd Braga (with Lloyd-Braga, Teresa). 2017. Sunspots and Non-Linear Dynamics

Business cycles with free entry ruled by animal spirits

Teresa Lloyd Braga (with Dos Santos Ferreira, R.). 2008. Journal of Economic Dynamics and Control

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

Teresa Lloyd Braga (with Ferreira, R.D.S.). 2002. Economic Theory

Endogenous business cycles and systematic stabilization policy

Teresa Lloyd Braga (with Aloi, M.). 2003. International Economic Review

Endogenous fluctuations in an open economy with increasing returns to scale

Teresa Lloyd Braga (with Aloi, M.). 2000. Journal of Economic Dynamics and Control

Endogenous fluctuations in unionized economies with productive externalities

Teresa Lloyd Braga (with Coimbra, R.). 2005. Economic Theory

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

Teresa Lloyd Braga (with Lloyd-Braga). 2000. Annales d'Économie et de Statistique

Indeterminacy in a finance constrained unionized economy

Teresa Lloyd Braga (with Lloyd-Braga, T.). 2007. Journal of Mathematical Economics

Indeterminacy in dynamic models: When Diamond meets Ramsey

Teresa Lloyd Braga (with Lloyd-Braga, T.). 2007. Journal of Economic Theory

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

Teresa Lloyd Braga (with Lloyd-Braga, Teresa). 2006. International Journal of Economic Theory

Indeterminacy, bifurcations, and unemployment fluctuations

Teresa Lloyd Braga (with Dufourt, F.). 2008. Macroeconomic Dynamics

Intra-industry trade, involuntary unemployment and macroeconomic stability

Teresa Lloyd Braga (with Antoine Le Riche). 2021. Journal of Mathematical Economics

Market distortions and local indeterminacy: A general approach

Teresa Lloyd Braga (with Lloyd-Braga, T.). 2014. Journal of Economic Theory

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

Teresa Lloyd Braga (with Cazzavillan, G.). 1998. Journal of Economic Theory

National labor markets, international factor mobility and macroeconomic instability

Teresa Lloyd Braga (with Aloi, M.). 2010. Economic Theory

Non-linear endogenous fluctuations with free entry and variable markups

Teresa Lloyd Braga (with Dos Santos Ferreira, R.). 2005. Journal of Economic Dynamics and Control

Tax rate variability and public spending as sources of indeterminacy

Teresa Lloyd Braga (with Lloyd-Braga, T.). 2008. Journal of Public Economic Theory

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

Teresa Lloyd Braga (with Dos Santos Ferreira, R.). 2015. Mathematical Social Sciences

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

Teresa Lloyd Braga (with Lloyd-Braga, Teresa). 2020. Journal of Economic Dybnamics and Control

Unionized labor markets and globalized capital markets

Teresa Lloyd Braga (with Aloi, M.). 2009. Journal of International Economics