Joao Paulo Afonso De Souza
Phone: 617.287.6950
Biography
My research examines economic development and structural transformation, as well as financial fragility, profitability, and the changing structure of the U.S. corporate sector. You can learn more on .
Area of Expertise
Macroeconomics & Economic Development
Degrees
PhD, University of Massachusetts Amherst
Professional Publications & Contributions
“Stylized Facts on the Evolution of Profit Rates in the U.S.: Evidence from Firm-Level Data.” With Leila Davis. In Growth, Distribution and Effective Demand: Classical and Post-Keynesian Perspectives. Routledge, forthcoming.
“Stable Profit Rates in a Time of Rising Market Power: The Role of Financial and Intangible Assets in the U.S. Corporate Sector.” With Leila Davis. Industrial and Corporate Change, 2025.
“Modernization and Underemployment in a Dual Agrarian Sector: The Case of Brazil (1950–1980).” Structural Change and Economic Dynamics, 2024.
“Listing, Delisting, and Financial Norms: A Quantile Decomposition of Firm Balance Sheets.” With Leila Davis and Gonzalo Hernandez. Journal of Evolutionary Economics, 2023.
“What Are Firms Borrowing For? The Role of Financial Assets.” With Leila Davis, Y.K. Kim, and Giacomo Rella. Economic Modelling, 2023.
“Churning and Profitability in the U.S. Corporate Sector.” With Leila Davis. Metroeconomica, 2022.
“Industrialization and Skill Acquisition in an Evolutionary Model of Coordination Failures.” With Leopoldo Gomez-Ramirez. Metroeconomica, 2021.
“An Empirical Analysis of Minsky Regimes in the U.S. Economy.” With Leila Davis and Gonzalo Hernandez. Cambridge Journal of Economics, 2019.
“The Paradox of Mexico's Export Boom without Growth: A Demand-Side Explanation.” With Leopoldo Gomez-Ramirez. Structural Change and Economic Dynamics, 2018.
“Biased Technical Change in Agriculture and Industrial Growth.” Metroeconomica, 2017.
“Real Wages and Labor-Saving Technical Change: Evidence from a Panel of Manufacturing Industries in Mature and Labor-Surplus Economies.” International Review of Applied Economics, 2017.
“Evidence of Growth Complementarity between Agriculture and Industry in Developing Countries.” Structural Change and Economic Dynamics, 2015.