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Andre de Castro Silva. Completed the PhD in Economics in 2004 by the University of Chicago Department of Economics. He is Associate Professor in Universidade Nova de Lisboa. Published 18 articles in journals. Supervised 3 PhD theses and co-supervised 1. Supervised several MSc dissertations. Has received 12 awards and honors. Participates or participated as Invited Scientist Fellow in 1 project. Works in the area of Social Sciences with emphasis on Economics and Business. In his curriculum Ciência Vitae the most frequent terms in the context of scientific, technological and artistic-cultural output are: monetary economics; macroeconomics; asset pricing; finance; economic growth; monetary policy; fiscal policy; innovation; Financial Frictions; Monetary Policy; Fiscal Policy; Demand for Money; asymmetry of information; firms; financial markets; corporate finance; Financial frictions; Firm cash holdings; Interest rates; Liquidity effect; Monetary policy; Stock returns; inflation; B3; inflation forecasts; Focus survey; Ibovespa; financial frictions; firm cash holdings; interest rates; liquidity effect; market segmentation; macroeconomics and financial markets; financial intermediation; household finance; securities exchange; market risk; Microeconomia; Macroeconomia; Gestão; Econometria e Métodos Quantitativos; Intermediation costs; Liquidity; Corporate bond markets; Financial market regulations; Post-2008 regulations.
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Identification

Personal identification

Full name
Andre de Castro Silva

Citation names

  • Silva, Andre C.
  • Silva, Andre de Castro
  • Silva, Andre de C.

Author identifiers

Ciência ID
F413-A5FB-8C42
ORCID iD
0000-0002-4907-038X
Google Scholar ID
https://scholar.google.pt/citations?hl=en&pli=1&user=y0v3BUwAAAAJ
Researcher Id
F-5279-2014

Email addresses

  • andre.silva@novasbe.pt (Professional)

Telephones

Telephone
  • 213801600 (Professional)

Addresses

  • Nova School of Business and Economics, Campus de Carcavelos, Rua da Holanda 1, 2775-405, Carcavelos, Cascais, Portugal (Professional)

Websites

Knowledge fields

  • Social Sciences - Economics and Business

Languages

Language Speaking Reading Writing Listening Peer-review
English Advanced (C1) Advanced (C1) Advanced (C1) Advanced (C1)
Spanish; Castilian Intermediate (B1) Advanced (C1) Intermediate (B1) Intermediate (B1)
French Intermediate (B1) Intermediate (B1) Beginner (A1) Intermediate (B1)
Education
Degree Classification
1999/09/01 - 2004/08/27
Concluded
 PhD in Economics (Doctor)
University of Chicago Department of Economics, United States
"Monetary Dynamics in a General Equilibrium Version of the Baumol-Tobin Model" (THESIS/DISSERTATION)
2004/08/27
Concluded
 Economics (Doctor of Philosophy)
The University of Chicago Department of Economics, United States
2001/08/01
Concluded
 Economics (Mestrado)
University of Chicago Department of Economics, United States
 Economia
1999
Concluded
 Economia (Mestrado)
Fundacao Getulio Vargas Escola de Pós-Graduacão em Economia, Brazil
"Mercados Incompletos, Distribuições Hiperbólicas e Aplicações para o Caso Brasileiro (Incomplete Markets, Hyperbolic Distributions and Applications to the Brazilian Case)" (THESIS/DISSERTATION)
 Economia
1996/11/27
Concluded
 Production Engineering (Bachelor)
Universidade Federal do Rio de Janeiro Centro de Tecnologia, Brazil
Affiliation

Science

Category
Host institution		 Employer
2015/03/01 - 2015/08/01 Visiting Researcher (Research) Banco de Portugal, Portugal

Teaching in Higher Education

Category
Host institution		 Employer
2013/07/01 - Current Associate Professor (University Teacher) Universidade Nova de Lisboa, Portugal
2016 - 2019 Associate Professor (University Teacher) Universidade Nova de Lisboa, Portugal
2013 - 2016 Associate Professor (University Teacher) Universidade Nova de Lisboa NOVA School of Business and Economics, Portugal
2004/09/01 - 2013/06/01 Assistant Professor (University Teacher) Universidade Nova de Lisboa, Portugal

Positions / Appointments

Category
Host institution		 Employer
2016 - 2019 Conselho científico/técnico-científico ou orgão correspondente Universidade Nova de Lisboa, Portugal
2015 - 2016 Conselho científico/técnico-científico ou orgão correspondente Universidade Nova de Lisboa NOVA School of Business and Economics, Portugal

Others

Category
Host institution		 Employer
2009/01/01 - 2009/06/01 International Faculty Fellow Massachusetts Institute of Technology Sloan School of Management, United States
2002/01/01 - 2004/06/01 Lecturer - The Elements of Econ Analysis III (Macroeconomics I) Spring 2004, Winter 2003, Summer 2002, Winter 2002 University of Chicago, United States
1999/03/01 - 1999/06/01 Lecturer - 1. Mathematics Applied to Economics, 2. Introduction to Economics Pontifícia Universidade Católica do Rio de Janeiro, Brazil
1998/01/01 - 1998/02/01 Lecturer - Graduate Summer Course of Mathematics Fundacao Getulio Vargas Escola de Pós-Graduacão em Economia, Brazil
1996/01/01 - 1997/01/01 Analyst Accenture, Brazil
Projects

Grant

Designation Funders
2020/06/01 - 2022/06/01 The Individual Behavior of Investors and their Effects on Aggregate Returns and Risk
JHUO
Invited Scientist Fellow
University of Cambridge, United Kingdom
 University of Cambridge
Ongoing

Contract

Designation Funders
2013/05/01 - 2015/10/31 Financial Frictions and Monetary Policy
PTDC/IIM-ECO/4825/2012
Universidade Nova de Lisboa Nova School of Business and Economics, Portugal

Universidade Nova de Lisboa Nova School of Business and Economics, Portugal
 Fundação para a Ciência e a Tecnologia
Concluded
2011/01/01 - 2012/12/31 Projecto Estratégico - UI 124 - 2011-2012
PEst-OE/EGE/UI0124/2011
Universidade NOVA de Lisboa NOVA School of Business and Economics, Portugal
 Fundação para a Ciência e a Tecnologia
Concluded
2008/02/01 - 2011/06/30 The Use of Information in Firms and Financial Markets
PTDC/ECO/72021/2006
Universidade Nova de Lisboa Nova School of Business and Economics, Portugal
 Fundação para a Ciência e a Tecnologia
Concluded
Outputs

Publications

Book review
  1. Andre C. Silva. "(Book Reviews) Monetary and wage policies in the Euro area". 45, 3 (2007): 751-752. https://novaresearch.unl.pt/en/publications/9596605c-b371-457f-ad76-a7bc23a582c0.
    10.1257/jel.45.3.742
Journal article
  1. Nuno Palma; André C. Silva. "SPENDING A WINDFALL". International Economic Review (2023): https://doi.org/10.1111%2Fiere.12662.
    10.1111/iere.12662
  2. Paulo Maio; André C. Silva. "Asset pricing implications of money: New evidence". Journal of Banking & Finance 120 (2020): 105956-105956. https://doi.org/10.1016/j.jbankfin.2020.105956.
    10.1016/j.jbankfin.2020.105956
  3. Bernardino Adão; Andre C. Silva. "The effect of firm cash holdings on monetary policy". European Economic Review 128 (2020): https://novaresearch.unl.pt/en/publications/a7be70cb-d191-4221-9752-0843140af1e9.
    10.1016/j.euroecorev.2020.103508
  4. Bernardino Adão; André C. Silva. "Government financing, inflation, and the financial sector". Economic Theory (2020): https://doi.org/10.1007/s00199-020-01303-y.
    10.1007/s00199-020-01303-y
  5. Bernardino Adão; André C. Silva. "Real transfers and the Friedman rule". Economic Theory 67 1 (2019): 155-177. https://doi.org/10.1007/s00199-018-1105-0.
    10.1007/s00199-018-1105-0
  6. Carlos Chaves; André C. Silva. "Inflation and Stock Returns at B3". Brazilian Review of Finance (2019): https://doi.org/10.12660/rbfin.v16n4.2018.77295.
    10.12660/rbfin.v16n4.2018.77295
  7. "Inflation and Stock Returns at B3". Brazilian Review of Finance (2018): http://bibliotecadigital.fgv.br/ojs/index.php/rbfin/article/view/77295.
  8. Carlos Chaves; Andre C. Silva. "Inflation and Stock Returns at B3". Brazilian Review of Finance 16 4 (2018): 521-544. https://novaresearch.unl.pt/en/publications/9974e888-385b-44ef-a7be-d03e56436b70.
  9. Álvaro A. Novo; André C. Silva. "Can a search model predict the effects of an increase in the benefit duration? Evidence from the Portuguese unemployment insurance reform". IZA Journal of Labor Policy 6 1 (2017): https://doi.org/10.1186%2Fs40173-017-0081-5.
    10.1186/s40173-017-0081-5
  10. Silva, Andre C.; Adao, Bernardino. "Increased Strength of Monetary Policy". Economic Bulletin and Financial Stability Report Articles, Banco de Portugal 1 2 (2015): 3-20.
    Published
  11. Bernardino Adão; Andre C. Silva. "Increased strength of monetary policy". Banco de Portugal Economic Studies 1 2 (2015): 3-20. https://novaresearch.unl.pt/en/publications/79300467-be17-46cb-9602-9db3e49356d0.
  12. Ferreira, D.; Manso, G.; Silva, A.C.. "Incentives to innovate and the decision to go public or private". Review of Financial Studies 27 1 (2014): 256-300. http://www.scopus.com/inward/record.url?eid=2-s2.0-84891468824&partnerID=MN8TOARS.
    10.1093/rfs/hhs070
  13. Bernardino Adão; Andre C. Silva. "Welfare costs of inflation with distortionary taxation". Economic Bulletin Spring (2012): 75-85. https://novaresearch.unl.pt/en/publications/2a6a0306-539b-40e3-abd1-cb96e3d2be35.
  14. Silva, A.C.. "Rebalancing frequency and the welfare cost of inflation". American Economic Journal: Macroeconomics 4 2 (2012): 153-183. http://www.scopus.com/inward/record.url?eid=2-s2.0-84864990566&partnerID=MN8TOARS.
    10.1257/mac.4.2.153
  15. Silva, A.C.. "Managerial ability and capital flows". Journal of Development Economics 93 1 (2010): 126-136. http://www.scopus.com/inward/record.url?eid=2-s2.0-77953359102&partnerID=MN8TOARS.
    10.1016/j.jdeveco.2009.04.005
  16. Silva, A.C.. "Taxes and labor supply: Portugal, Europe, and the United States". Portuguese Economic Journal 7 2 (2008): 101-124. http://www.scopus.com/inward/record.url?eid=2-s2.0-50849122337&partnerID=MN8TOARS.
    10.1007/s10258-008-0029-1
  17. Silva, Andre C.. "Monetary and Wage policies in the Euro area". Journal of Economic Literature (2007): https://publons.com/wos-op/publon/4668902/.
    10.1007/978-3-540-36934-9
  18. Silva, Andre. "Lévy processes and the Brazilian market". Brazilian Review of Econometrics (2001): http://bibliotecadigital.fgv.br/ojs/index.php/bre/article/view/2752.
    10.12660/bre.v21n22001.2752
Working paper
  1. Lukas B. Diskant; André C. Silva; Bruno Sultanum. 2025. "Trading choices". https://novaresearch.unl.pt/en/publications/f05c05e2-8b8e-4774-a397-ad2bd1862fca.
    10.2139/ssrn.5345606
  2. Bernardino Adão; Andre C. Silva. 2018. "Government financing, inflation, and the financial sector". https://novaresearch.unl.pt/en/publications/0eff06b9-7a8d-4f03-a4da-b7efe1199e8a.
Activities

Supervision

Thesis Title
Role		 Degree Subject (Type)
Institution / Organization
2019 - 2019 Essays on Financial Frictions
Supervisor of Erica Alexandra Vasconcelos Marujo
 Economia (PhD)
Universidade Nova de Lisboa Nova School of Business and Economics, Portugal
2018 - 2018 "The Effect of Serial Correlation in Time-aggregation of Annual Sharpe Ratios from Monthly Data"
Supervisor
 Economia (Master)
Universidade Nova de Lisboa Nova School of Business and Economics, Portugal
2017 - 2017 "Carry Trade Returns and Foreign Exchange Rate Risk"
Supervisor
 Finanças (mestrado internacional) (Master)
Universidade Nova de Lisboa Nova School of Business and Economics, Portugal
2017 - 2017 "Macroprudential Tax on Debt"
Supervisor
 Finanças (Master)
Universidade Nova de Lisboa Nova School of Business and Economics, Portugal
2010/09/05 - 2016/09/19 Theory and Evidence on Self-Fulfilling Sovereign Debt Crises
Supervisor of Sandra Maria Carvalho Vicente do Bernardo
 Economics (PhD)
Universidade Nova de Lisboa Nova School of Business and Economics, Portugal
2016 - 2016 Brazil´s 2014 Presidencial Elections: the interconnection between elections news and stock market behavior
Supervisor
 Finanças (Master)
Universidade Nova de Lisboa Nova School of Business and Economics, Portugal
2015 - 2015 Getting the Carry Trades Jackpot: Finding Indicators of Carry Crash
Supervisor
 Finanças (Master)
Universidade Nova de Lisboa Nova School of Business and Economics, Portugal
2015 - 2015 A Holistic Attempt to Predicting Excess Aftermarket Returns of IPOS over a 90-Day Period Post IPO
Supervisor
 Finanças (Master)
Universidade Nova de Lisboa Nova School of Business and Economics, Portugal
2015 - 2015 Brazilian Equity Risk Premium Analysis: A Macroeconomic Approach
Supervisor
 Economia (Master)
Universidade Nova de Lisboa Nova School of Business and Economics, Portugal
2014 - 2014 Trend Following Performance with Size and Liquidity: Evidence from the US, Brazil and Portugal
Supervisor of João Miguel Sanches de Andrade Pissarra
 Finanças (Master)
Universidade Nova de Lisboa Nova School of Business and Economics, Portugal
2005/04/08 - 2009/11/09 Fiscal Policy Coordination Gains in a Monetary Union
Co-supervisor of Susana Isabel Valentim Salvado
 Economia (PhD)
Universidade Nova de Lisboa Nova School of Business and Economics, Portugal
2006 - 2006 Optimal Fiscal Policy and Public Debt Management in a Small Open Economy
Supervisor of José Miguel Formigal da Costa
 Economia (PhD)
Universidade Nova de Lisboa Nova School of Business and Economics, Portugal
Distinctions

Award

2010 Econometric Society World Congress Travel Grant
Econometric Society, United States
2006 III Conference Desenvolvimento Económico no Espaço Europeu
Banco de Portugal, Portugal
1998 Best M.A. thesis project (FGV)

Other distinction

2011 NOVA FORUM Grant
2010 NOVA FORUM Grant
2009 NOVA FORUM Grant
2003 Dissertation Fellowship
University of Chicago, United States
1999 Ph.D. Fellowship
Centre d'Analyse des Politiques Economiques et Sociales, Burkina Faso
1999 First in his class at Getulio Vargas Foundation (FGV)
1997 M.A. Fellowship
Conselho Nacional de Desenvolvimento Científico e Tecnológico, Brazil
1994 Scientific Initiation
1991 Scientific Initiation