## Rafael Machado Parente ## Source details **Canonical URL:** [Rafael Machado Parente](https://www.imf.org/-/media/files/cv/pdfs/machado-parente-rafael.pdf) ## Other formats - [Markdown version](/-/media/files/cv/pdfs/machado-parente-rafael.pdf.md) - [Structured JSON version](/-/media/files/cv/pdfs/machado-parente-rafael.pdf.json) --- ### Contact - International Monetary Fund, 700 19th Street NW, Washington, DC 20431 USA - Rrmachadoparente@imf.org - Æ(+1) 202-378-7304 - rparente.com ### Current Employment - International Monetary Fund — Economist at the Research Department (September 2025 - Present), Washington DC, USA ### Previous Employment - International Monetary Fund — Economist (EP) at the Research Department (March 2024 - September 2025), Washington DC, USA - International Monetary Fund — Economist (EP) at the Western Hemisphere Department (September 2022 - March 2024), Washington DC, USA - GAP Asset Management — International Macroeconomics Analyst (Intern) (January 2012-March 2013), Rio de Janeiro, Brazil ### Education - Ph.D. in Economics, Princeton University, 2022, Princeton NJ, USA - M.Sc. in Economics, Fundação Getúlio Vargas (EPGE), 2016, Rio de Janeiro, Brazil - B.A. in Economics, Fundação Getúlio Vargas (EBEF), 2014, Rio de Janeiro, Brazil ### Research Interests - Primary: Macroeconomics, International Trade - Secondary: Labor, Development ### Working Papers - "Minimum Wages, Earnings Inequality and the Informal Sector" with Luiz Brotherhood and Felipe Iachan - R&R, American Economic Review; IMF Working Paper No. 2024/159 - "Social Security Reforms, Retirement, and Sectoral Decisions" with Pedro Cavalcanti Ferreira and Bruno Delalibera - Conditionally accepted, International Economic Review; IMF Working Paper No. 2025/032 - "The Non-traded Gains from Trade: Evidence from Brazil" with Rowan Shi - IMF Working Paper No. 2023/265 - "Beyond Tariffs: Infrastructure Gaps and Trade in LAC" with Rina Bhattacharya, Flavien Moreau and Samuel Pienknagura - Reject and resubmit, World Bank Economic Review; IMF WP No. 2024/253 and IMF WP No. 2024/032 - "Do Industrial Policies Increase Trade Competitiveness?" with Yueling Huang, Sandra Baquié, Florence Jaumotte - IMF WP No. 2025/098 Jaden Kim, Yucheng Lu and Samuel Pienknagura - "Industrial Policies and Firm Performance: A Nuanced Relationship" with Samuel Pienknagura, Sandra Baquié - IMF WP No. 2025/143 Yueling Huang, Florence Jaumotte and Jaden Kim - "Industrial Policy Since the Great Financial Crisis" with Simon Evenett, Adam Jakubik, Jaden Kim, Fernando Martín - IMF WP No. 2025/222 Samuel Pienknagura, Michele Ruta, Sandra Baquie and Yueling Huang ### Work in Progress - "Shaping Innovation: Can Industrial Policies Boost Patent Applications?" with Sandra Baquié, Yueling Huang, Florence Jaumotte, Jaden Kim and Samuel Pienknagura - "The Legacy of Exposure to Crime" with Ursula Berresheim and Samuel Pienknagura ### Policy Work - "Industrial Policies and Firm Performance: A Nuanced Relationship." SUERF Policy Brief No 1323, December 2025. SUERF — The European Money and Finance Forum. - October 2025 World Economic Outlook, "Industrial Policy: Managing Trade-Offs to Promote Growth and Resilience." (Chapter 3). International Monetary Fund - Hungary: 2025 Article IV Staff Report. IMF Country Report No. 25/250. International Monetary Fund. - "Industrial Policies: Handle with Care" in Baldwin, R and Ruta, M (eds), "The State of Globalization". CEPR Press, Paris & London. - Industrial Policies: Handle with Care. IMF Staff Discussion Notes No. 2025/002. International Monetary Fund. - Annex I: Informality and Inequality: Insights on Minimum Wages from Brazil. 2024 G-20 Background Note on the Impact of Growth on Inequality and Social Outcomes. International Monetary Fund. - Belize: 2024 Article IV Staff Report. IMF Country Report No. 24/124. International Monetary Fund. - Belize: 2024 Selected Issues. IMF Country Report 23/125, International Monetary Fund. - Belize: 2023 Article IV Staff Report. IMF Country Report No. 23/164. International Monetary Fund. - Belize: 2023 Selected Issues. IMF Country Report 23/165. International Monetary Fund. - October 2023 Regional Economic Outlook: Western Hemisphere, "Trade Integration and Implications of Global Fragmentation to Latin America and the Caribbean." (Background Paper 2). International Monetary Fund. - October 2023 Regional Economic Outlook: Western Hemisphere, "Crime and its Macroeconomic Consequences in Latin America and the Caribbean." (Online Annex 4). International Monetary Fund. ### Press - "Why Latin America is the world’s trade pipsqueak?" The Economist. June, 2024. - "Salário mínimo não é um bom indexador." Folha de S. Paulo. May, 2024. - "How Latin America Can Use Trade to Boost Growth." IMF Blog. November, 2023. - "Latin America Can Boost Economic Growth by Reducing Crime." IMF Blog. December, 2023. ### Refereeing - The B.E. Journal of Macroeconomics - The Quarterly Review of Economics and Finance ### Presentations - 2024: Princeton University, World Bank - 2023: LACEA - 2022: Federal Reserve Board, Fundação Getulio Vargas (EESP), Fundação Getulio Vargas (EPGE), Inter-American Development Bank (IADB) - 2019: Society for Economic Dynamics ### Prizes and Honors - International Economics Section Summer Fellowship, Princeton University, 2018-2021 - Graduate Fellowship, Princeton University, 2016-2022 - Fellowship for Master’s Studies in Economics, CNPq, 2014-2016 - Undergraduate Scholarship, Fundação Getúlio Vargas (EBEF), 2011-2014 ### Research Experience - Research Assistant for Professor Stephen Redding, Princeton University, Spring 2019 - Research Assistant for Professor Oleg Itskhoki, Princeton University, Summer 2017 - Research Assistant for Professor Pedro Cavalvanti Ferreira, Fundação Getúlio Vargas (EPGE), 2016 ### Teaching Experience - Teaching Assistant: Introduction to Microeconomics (Undergraduate), Fall 2020, Professor Kelly Noonan, Princeton University - Teaching Assistant: Introduction to Macroeconomics (Undergraduate), Fall 2018, Spring 2020, Professor Elizabeth Bogan, Princeton University - Teaching Assistant: Macroeconomic Theory II (Graduate), July 2015-September 2015, Professors Cezar Santos and Felipe Iachan, Fundação Getúlio Vargas (EPGE) - Teaching Assistant: International Trade (Undergraduate), January 2015-June 2015, Professor Erica Diniz Oliveira, Fundação Getúlio Vargas (EPGE) - Teaching Assistant: Macroeconomic Theory I (Graduate), January 2015-March 2015, Professor Rubens Penha Cysne, Fundação Getúlio Vargas (EPGE) ### Other - Programming: Fortran, Matlab, Stata, LATEX - Languages: Portuguese (native), English (fluent), Spanish (elementary) - Citizenship: Brazilian, Portuguese - Other interests: Basketball and rock climbing --- _Source: https://www.imf.org/-/media/files/cv/pdfs/machado-parente-rafael.pdf_