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Research Interests
macroeconomics, climate and natural disasters, education, family, industrial organizationSelected Work
“The Expansion of Varieties in the New Age of Advertising”
with Salome Baslandze, Jeremy Greenwood, and Sara Moreira
Review of Economic Dynamics, forthcoming 2023
“The Great Transition: Kuznets Facts for Family-Economists”
with Jeremy Greenwood and Nezih Guner
Handbook of the Economics of the Family, Vol. 1, edited by Shelly Lundberg and Alessandra Voena (Amsterdam: Elsevier), Chapter 7, pp. 389-441, 2023
“Investing in Public Infrastructure: Roads or Schools?”
with Manoj Atolia, Bo Li, and Giovanni Melina
Macroeconomic Dynamics, Vol. 25, No. 7, pp. 1892–1921, 2021
“Building Resilience to Natural Disasters: An Application to Small Developing States”
with Vladimir Klyuev and Chris Papageorgiou
Journal of Development Economics, Vol. 135, pp. 574–586, 2018
“The Long-run Decoupling of Emissions and Output: Evidence from the Largest Emitters”
with Gail Cohen, Joao Jalles, and Prakash Loungani
Energy Policy, Vol. 118, pp. 58–68, 2018
“What Is Behind the Rise in Markups?”
Federal Reserve Bank of St. Louis Economic Synopses, 2024, No. 14
“What To Know About the Rise of Services”
Federal Reserve Bank of St. Louis Economic Synopses, 2024, No. 6
“Structural Change and the Rise in Markups” (PDF)
Federal Reserve Bank of St. Louis Working Paper 2024-002B, January 2024
“College Admissions and the (Mis)Allocation of Talent”
with Yaacov Wittman
Working paper, June 2022
“Emissions and Growth: Trends and Cycles in a Globalized World”
with Gail Cohen, Joao Jalles, and Prakash Loungani
International Monetary Fund Working Papers, August 2017
Ricardo Marto is an economist in the Research division of the Federal Reserve Bank of St. Louis, which he joined in August 2023. His research focuses on topics in macroeconomics, climate economics, industrial organization, and labor economics. He received a Ph.D. in economics from the University of Pennsylvania, a master's degree in economics from UCL (U.K.), and a bachelor's degree in economics from the Nova School of Business and Economics (Portugal). He previously worked in the research department of the International Monetary Fund and at the Inter-American Development Bank.