University of Wisconsin – Madison, Ph.D. in Economics,
December 2001.
University of Wisconsin – Madison, M.S. in Economics, August
1998.
University of Brasília, M.S. in Economic Policy,
December 1994.
University of Brasília, Electrical Engineering,
August 1988.
FIELDS OF INTEREST
Macroeconomics and Monetary Economics.
International Economics.
Econometrics.
Public Economics.
PROFESSIONAL ASSOCIATION MEMBERSHIPS
American Economic Association (AEA).
Econometric Society (ES).
ACADEMIC HONORS
Second prize winner (among fifty-three candidates) of the VI Brazilian National Treasury
Competition, Topics in Public Finance, with the article "Os Impactos Econômicos
da CPMF: Teoria e Evidência" ("The Economic Impacts of the CPMF: Theory and
Evidence"). Brasília, 2001.
Passed with Distinction the macroeconomics preliminary exam for the Ph.D.
degree in Economics. University of Wisconsin – Madison, 1997.
M.S. Dissertation approved with Honors. University of Brasília, 1994.
WORK EXPERIENCE
ACADEMIC AND TEACHING EXPERIENCE
Assistant Professor of Economics, University of Minnesota Duluth,
Labovitz School of Business and Economics, Department of Economics, since
Fall 2007. Teaches or taught:
(1) Principles of Economics: Macro;
(2) Money and Banking;
(3) Public Finance;
(4) Macroeconomic Analysis;
(5) Tools: Applications of Economic Analysis (Advanced Econometrics).
Assistant Professor of Economics, Texas A&M International University,
College of Business Administration, from Fall 2002 to Summer 2007. Taught:
(1) Money and Banking;
(2) International Economics (Ph.D.);
(3) Advanced Econometrics (Ph.D.);
(4) Managerial Economics (MBA and undergraduate).
Teaching Assistant, University of Wisconsin – Madison, Department of
Economics, from Spring 1997 to Spring 1998. Taught:
(1) Principles of Macroeconomics;
(2) Intermediate Macroeconomics.
Teaching Assistant, University of Brasília,
Department of Economics, in 1993. Taught:
(1) Applied Time Series
and Forecasting.
SELECTED PROFESSIONAL EXPERIENCE
Senior Advisor to the Research Department of the Central Bank of Brazil from
July 1999 to July 2002. Part of the team of economists that implemented the
inflation-targeting regime in Brazil.
Research Advisor to the Central Bank of Bolivia under the technical
assistance program of the Monetary and Exchange Affairs Department,
International Monetary Fund, from May 13 to 25 and October 28 to 29, 2002.
Research Advisor to the Central Bank of Angola
under the technical assistance program of the Monetary and Exchange Affairs
Department, International Monetary Fund, from February 11 to 19,
2002.
Economic Analyst of the Central Bank of Brazil from January 1992 to July 1995.
Part of the team of economists that implemented the monetary stabilization
program of 1994 (Plano Real).
Advisor to the Bureau of the Public Debt Commissioner, Brazilian Secretariat of
the National Treasury, from August 21, 1991 to January 26, 1992.
Public Budget Analyst of the Brazilian Secretariat of the Federal Budget from
November 1990 to August 1991.
ACADEMIC PUBLICATIONS
REFEREED JOURNAL ARTICLES
Mollick, A. V., J. R. Faria, P. H. Albuquerque and M. A. Léon-Ledesma (2007):
"Can Globalisation Stop the Decline in Commodities’ Terms of Trade?"
Cambridge Journal of Economics, forthcoming.
Albuquerque, P. H. and S. Gouvea (2007): "Canaries and Vultures: A Quantitative
History of Monetary Mismanagement in Brazil," Journal of International Money
and Finance, forthcoming.
Albuquerque, P. H. (2007):
"Shared Legacies, Disparate Outcomes: Why American South Border Cities
Turned the Tables on Crime and Their Mexican Sisters Did Not," Crime, Law and
Social Change, 47 (2), 69-88.
Albuquerque, P. H. (2006): "BAD Taxation: Disintermediation and
Illiquidity in a Bank Account Debits Tax Model," International Tax and Public
Finance, 13 (5), 601-624.
Rivas, A., A. Rodriguez and P. H. Albuquerque (2006): "Are European Stock
Markets Influencing Latin American Stock Markets?" Análisis Económico,
21 (47), 51-67.
Albuquerque, P. H. (2003): "A Practical Log-Linear Aggregation Method
with Examples: Heterogeneous Income Growth in the USA," Journal of Applied
Econometrics, 18 (6), 665-678.
ARTICLES REVISED AND RESUBMITTED TO REFEREED JOURNALS
"Optimal Time Interval Selection in Long-Run Correlation Estimation."
ARTICLES SUBMITTED TO REFEREED JOURNAL
"China's Exports and the Oil Price" (with João R. Faria, Nottingham
Trent University, André V. Mollick, University of
Texas-Pan American, and Miguel
A. Léon-Ledesma, University of Kent).
"The
Increasing Impact of Spain on the Equity Markets of Brazil, Chile and Mexico" (with
Andrés Rivas, Texas A&M International University, Rahul Verma,
University of Houston, Downtown, and Antonio Rodriguez, Texas A&M International
University).
"A Statistical Evaluation of Femicide Rates in Mexican Cities along the
US-Mexico Border" (with Prasad R. Vemala).
WORKING PAPERS
"Capital Asset Pricing and Rational Trader Beliefs."
"Inequality-Driven Growth: Unveiling Aggregation Effects in Growth
Equations."
TRADE JOURNAL ARTICLES
Albuquerque, P. H. (2006): "When Laredo Turned the Tables on Crime,"
Crime & Justice International, 22 (94), 29-31..
Albuquerque, P. H. (2001): "Os Efeitos Econômicos da CPMF" ("The Economic
Effects of the CPMF"), Carta de Conjuntura - Economia em Perspectiva
(Conjunctural Letter - Economic Perspectives), 149. Conselho Regional
de Economia - 2a Região - SP: São Paulo (Regional Council of
Economics of São Paulo).
BOOK CHAPTERS
Albuquerque, P. H. (2002): "Os Impactos Econômicos da CPMF: Teoria e
Evidência" ("The Economic Impacts of the CPMF: Theory and Evidence"), in
Finanças Públicas: VI Prêmio Tesouro Nacional – 2001. STN: Brasília (book
containing the VI Brazilian National Treasury Competition winning articles).
SELECTED PROCEEDINGS ARTICLES
"Inequality-Driven Growth," Proceedings of the 2004 Far Eastern Meeting of
the Econometric Society (FEMES), Seoul, June 2004.
"How Bad Is BAD Taxation? Disintermediation and Illiquidity in a Bank Account
Debits Tax Model," Proceedings of the 2002 North American Summer Meeting of
the Econometric Society (NASM), Los Angeles, June 2002.
"Using a Money Demand Model to Evaluate Monetary Policies in Brazil" (with
Solange Gouvea, University of California, Santa Cruz and Central Bank of
Brazil), Proceedings of the XIX Latin American Meeting of the Econometric
Society (LAMES), São Paulo, July 2002.
"A Simple Nonparametric Long-Run Correlation Estimator," Proceedings of the
VI Annual Meeting of the Latin American and Caribbean Economic Association
(LACEA), Montevideo, October 2001.
Other five proceedings articles.
MONOGRAPHS
Albuquerque, P. H. (2001): "Three Essays on Time-Series Macroeconomics."
Ph.D. Dissertation, University of Wisconsin – Madison. Dissertation Advisor: Dr.
Kenneth D. West. Readers: Dr. Yuichi Kitamura and Dr. Donald Nichols.
Nonreaders: Dr. Bruce Hansen and Dr. Ananth Seshadri.
Albuquerque, P. H. (1994): "Do Agente Microeconômico à Função
Macroeconômica: Uma Proposta para a Agregação com Exemplos" ("From the
Microeconomic Agent to the Macroeconomic Function: An Aggregation Proposal with
Examples"). M.S. Dissertation, University of Brasília. Advisor: Dr. Alexandre A.
Tombini.
ACADEMIC PRESENTATIONS
SELECTED PRESENTATIONS BY INVITATION
"How Bad Is BAD Taxation? Disintermediation and Illiquidity in a Bank
Account Debits Tax Model," International Monetary Fund, Washington, DC, November
2001.
"How Bad Is BAD Taxation? Disintermediation and Illiquidity in a Bank
Account Debits Tax Model," EPGE – PUC Rio – USP Meeting of Macroeconomics, Rio
de Janeiro, August 2001.
"Monetary Regime and Shocks," Brazilian Financial System Workshop for the
Chinese Mission in Brazil, University of Brasília, November
2000.
Other nine presentations by invitation.
SELECTED PRESENTATIONS IN CONFERENCES
"Shared Legacies, Disparate Outcomes: Why American South Border Cities
Turned the Tables on Crime and Their Mexican Sisters Did Not," 2006 Latin American Meeting of the Econometric Society (LAMES), Mexico City, November 2006.
"Inequality-Driven Growth: Unveiling Aggregation Effects in Growth
Equations," 2005 North American Winter Meeting of the Econometric Society
(NAWM), a joint meeting with the American Economic Association as part of the
Allied Social Science Association Meeting, Philadelphia, January 2005.
"Inequality-Driven Growth," 2004 Far Eastern Meeting of the Econometric
Society (FEMES), Seoul, June 2004.
"How Bad Is BAD Taxation? Disintermediation and Illiquidity in a Bank Account
Debits Tax Model," 2002 North American Summer Meeting of the Econometric Society
(NASM), Los Angeles, June 2002.
"A Simple Nonparametric Long-Run Correlation Estimator," 56th Econometric
Society European Meeting (ESEM), Lausanne, August 2001.
Other twenty-four presentations in conferences.
ACADEMIC SERVICES
GRANTS
Office of the Vice President for Research Special Research Funding, University
of Minnesota, Spring 2008.
Texas Center Research Fellows Grant Program, Texas A&M International
University, 2006.
College of Business Administration Summer Research Grant, Texas A&M
International University, 2006.
University Grant, Texas A&M International University, 2005-2006.
College of Business Administration Summer Research Grant, Texas A&M
International University, 2005.
Faculty Senate University Mini-Grant, Texas A&M International University,
2004-2005.
Texas Center Research Fellows Grant Program, Texas A&M International
University, 2004.
College of Business Administration Summer Research Grant, Texas A&M
International University, 2004.
College of Business Administration Summer Research Grant, Texas A&M
International University, 2003.
Journal of Applied Econometrics Travel Grant (Common Features in Rio),
2002.
Review of Economic Studies Travel Fund, 2002.
CNPq Doctoral Scholarship (joint with the Central Bank of Brazil),
1995-1999.
Central Bank of Brazil Doctoral Scholarship (joint with the CNPq),
1995-1999.
CNPq Scientific Initiation Scholarship, 1987.
EDITOR, REFEREE AND REVIEWER
Creator and first editor of the Central Bank of Brazil Working Paper
Series, from June 2000 to October 2001.
Refereed articles for:
(01) Journal of International Economics;
(02) Journal of Money, Credit and Banking;
(03) Journal of Public Economics;
(04) Economic Modelling;
(05) Scottish Journal of Political Economy;
(06) International Trade Journal;
(07) Journal of Borderlands Studies;
(08) Pesquisa e Planejamento Econômico;
(09) Revista Brasileira de Economia;
(10) Revista Economia.
Book reviewer for South-Western/Thomson Learning.
ACADEMIC ADVISING AND SUPERVISION
Academic advisor of Prasad R. Vemala Venkata Siva, project "A Statistical
Evaluation of Femicide in South Border Cities," Ph.D. in International Business,
Texas A&M International University, since April 2006.
Institutional graduate supervisor of Pedro Calhman de Miranda, Central
Bank of Brazil, May 2001 to July 2002.
Institutional graduate supervisor of Solange Gouvea, Central Bank of
Brazil, May 2001 to July 2002.
Institutional graduate supervisor of César de Oliveira Frade, Central
Bank of Brazil, January 2001 to July 2002.
CONFERENCE ORGANIZATION
Organizing committee member of the Twelfth Annual Conference Western Hemispheric
Integration in a Competitive Global Environment, Laredo, March
2007.
Program Co-Chair of the Tenth Annual Conference Western Hemispheric
Development Challenges in the Global Context, Laredo, April 2005.
Coordinator of the Cross-Border Workshop of Economics and Finance,
Laredo, October 2004.
Organizing committee member of the Ninth Annual Conference Trade and
Investments in the Americas: The Challenge of Globalization, Laredo, March
2004.
SELECTED CONFERENCE CHAIR ACTIVITIES
Session "Inequality and Growth," 2005 North American Winter Meeting of
the Econometric Society (NAWM), a joint meeting with the American Economic
Association as part of the Allied Social Science Association Meeting,
Philadelphia, January 2005.
Session "Growth I," IX Annual Meeting of the Latin American and Caribbean
Economic Association (LACEA), San Pedro, November 2004.
Session "Economic Resources and Trade," 8th Conference Free Trade in the
Americas, Laredo, April 2003.
Session "Taxation," XIX Latin American Meeting of the Econometric Society
(LAMES), São Paulo, July 2002.
Session "Monetary Policy," V Meeting of the Network of America Central
Bank Researchers, Centro de Estudios Monetarios Latinoamericanos (CEMLA), Rio de
Janeiro, October 2000.
Other eight conference session chair activities.
SELECTED CONFERENCE DISCUSSANT
Session "Security Issues," Eleventh Annual Conference Global Trade & Investment
Challenges for Western Hemispheric Development, Laredo, April 2006.
Session "Growth I," IX Annual Meeting of the Latin American and Caribbean
Economic Association (LACEA), San Pedro, November 2004.
Session "Income Inequality," Conference Economic Growth and Distribution:
On the Nature and Causes of the Wealth of Nations, Lucca, June 2004.
Session "Open Macroeconomics and Growth," Ninth Annual Conference Trade and
Investments in the Americas: The Challenge of Globalization, Laredo, March
2004.
Other three conference discussant activities.
OTHER SELECTED ACADEMIC SERVICES
LSBE Intellectual Contributions Committee, University of Minnesota Duluth, since
Fall 2007.
SACS Assessment Committee of the BBA in Economics Program, Texas A&M
International University, from Spring 2005 to Spring 2006.
International Business Administration Ph.D. Committee, Texas A&M
International University, from Fall 2003 to Spring 2004.
OTHER INFORMATION
LANGUAGE PROFICIENCY
Portuguese: native speaker.
English: fluent speaker.
French: fluent speaker (Certificat d'Études Pratiques de l'Alliance
Française).
Spanish: good reader, basic speaker.
GENERAL INTEREST
Research cited by at least thirty-five independently written academic and
technical articles, and by at least thirty-six newspaper and magazine articles.
Skilled in programming techniques and languages (BASIC, FORTRAN and
PASCAL), econometric software (GAUSS, EViews, PCGive, SAS, SCA, Stata and TSP),
calculation software (Mathcad), simulation, word processing, worksheet
applications, and electronic publishing.
Worked as an electronic engineer (project coordinator) from 1988 to 1990.