Gustavo Joaquim is an economist in the Federal Reserve Bank of Boston Research Department. His research focuses on financial economics, especially financial intermediation and banking. He is also interested in topics in macroeconomics and applied econometrics. Joaquim has studied the role of financial frictions, market power, and the effectiveness of government interventions in credit markets. Recently, he has studied in detail the design and effects of the Paycheck Protection Program. In the macroeconomics field, he has studied the pass-through of costs into prices and how it is affected by industry concentration.
Joaquim joined the Boston Fed in 2020 after earning his PhD in economics from the Massachusetts Institute of Technology. He has a master’s in economics from Pontifical Catholic University of Rio de Janeiro and a bachelor’s in economics from Insper Institute in São Paulo.
Federal Reserve Bank of Boston
PhD, Economics, Massachusetts Institute of Technology, 2020
MSc, Economics, Pontifical Catholic University of Rio de Janeiro, 2014
BSc, Economics, Insper Institute, 2011