Research

Working Papers

  • The Cross of Gold: Brazilian Treasure and the Decline of Portugal (with Nuno Palma), forthcoming.
    • Short abstract: The discovery of massive quantities of gold in Brazil during the eighteenth century led to a real exchange rate appreciation of about 30 percent which destroyed the competitiveness of Portuguese industry and contributed to the country’s long-run economic regression.

Work in Progress

  • Expropriation, Reallocation, and Political Selection: Evidence from the Rise of the English Gentry (with Lukas Leucht)

Articles