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Cezar Santos

Cezar Santos is a Senior Research Economist at the Research Department of the Inter-American Development Bank. His research focuses on macroeconomic development, with an emphasis on labor markets, credit markets, family economics, climate change and infectious diseases. His work has appeared in academic journals such as Econometrica, AEJ: Macro, Journal of Development Economics, Economic Journal, among others. Prior to joining the Bank, he was an Associate Professor of Economics at Getulio Vargas Foundation (FGV EPGE) and a research economist at the Bank of Portugal. Previously, he was an Assistant Professor at the University of Mannheim. He completed his undergraduate studies in Economics at the Federal University of Pernambuco (UFPE), his master's at FGV EPGE and obtained a Ph.D. in Economics at the University of Pennsylvania.


Carbon Taxes: A Large Impact with Small Negative Economic Effects

As greenhouse gas (GHG) emissions reach alarming levels, countries face increasing pressure to adopt more aggressive environmental policies. However, concerns regarding their economic effects and their impacts on different groups of people (distributional effects) can hinder their adoption. Reducing emissions, after all, means reallocating resources away from high-carbon sectors towards low-carbon ones, with inevitable consequences […]

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