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Ph.D. Finance, University of Illinois, 2000.
M.S. Finance, University of Illinois, 1995.
M.S. Business Administration, Pontifical Catholic University, 1994.
B.S. Economics, Federal University of Rio de Janeiro, 1991.


Research Associate, National Bureau of Economic Research, 2010
Faculty Research Fellow, National Bureau of Economic Research, 2006 - 2009
James F. Towey Faculty Fellow, University of Illinois, 2007 - 2009
Professor of Finance, University of Illinois, 2008 - 2009
Visiting Professor, University of Amsterdam, 2009
Alan J. and Joyce D. Baltz Professorship, University of Illinois at Urbana-Champaign, 2009
Associate Professor of Finance, University of Illinois, 2006 - 2008
Assistant Professor of Finance, University of Illinois, 2002 - 2006
Assistant Professor of Finance, Michigan State University, 2001 - 2002
Assistant Professor of Finance, Arizona State University, 2000 - 2001

Research Interests

Honors and Awards

Bamerindus Bank Award for best Master's level thesis in Financial Intermediation, Brazilian National Association of Graduate Programs in Business Administration , 1996

Brattle Prize nomination for: "Internal Capital Markets in Financial Conglomerates: Evidence from Small Bank Responses to Monetary Policy", Journal of Finance , 2003

Beta Gamma Sigma, University of Illinois , 2000

Brattle Prize nomination for: "The Cash Flow Sensitivity of Cash", Journal of Finance , 2004

Incomplete List of Teachers Rated Excellent, University of Illinois , 2005-2009

Conrad W. and Shirley A. Hewitt Banking Fellowship, University of Illinois , 1998-2000

Appointment as a Faculty Research Fellow, NBER , 2006

Goldman Sachs Best Paper Prize for: "The Financial Accelerator: Evidence From International Housing Markets", Review of Finance , 2007

Runner-up for Stuart Greenbaum Best Paper Prize for: "Is Cash Negative Debt? A Hedging Perspective on Corporate Financial Policies", Journal of Financial Intermediation , 2007

James F. Towey Fellowship, University of Illinois at Urbana-Champaign , 2007

Nominated for Campus Instructional Award, University of Illinois , 2007

Nominated for Business College Teaching Award, University of Illinois , 2007-2008

List of Teachers Ranked Excellent by Students, University of Illinois , 2005-2009

Appointed as a Research Associate, NBER , 2010

"Rising Star", NYU-Stern and Rensselaer Polytechnic Institute , 2010

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