Selected Publications

BOOKS

Inglorious Revolution: Political Institutions, Sovereign Debt, and Financial Underdevelopment in Imperial Brazil (Yale University Press, 2015)

Order Against Progress: Government, Foreign Investment, and Railroads in Brazil, 1854-1913 (Stanford University Press, 2003) [available on Amazon or from the Press]. Brazilian edition Trilhos do Desenvolvimento: as ferrovias no crescimento da economia brasileira, 1854-1913 (Ed. Livros de Safra, 2018)

ARTICLES

"A Agricultura Paulista em 1905," (with Francisco Vidal Luna and Herbert S. Klein), Estudos Econômicos, vol. 44, no. 1 (2014)

"Fiscal Bargains, Political Institutions, and Economic Performance," Hispanic American Historical Review, vol. 88, no. 2 (2008): 219-33

Big Social Savings in a Small Laggard Economy: Railroad-led Growth in Brazil, Journal of Economic History, vol. 65, no. 1 (Mar., 2005), 72-102

"State bank transformation in Brazil – choices and consequences," (with Thorsten Beck and Juan Crivelli), Journal of Banking and Finance, vol. 29, nos. 8-9 (2005), 2223-2257

"Market Intervention in a Backward Economy: Railway Subsidy in Brazil, 1854-1913." Economic History Review, Vol. 53, no. 3 (1998): 542-568

CHAPTERS

"Sovereign Commitment and Financial Underdevelopment in nineteenth-century Brazil," in Thorsten Beck and Ross Levine, eds., Handbook of Finance and Development (Edward Elgar, 2018)

"The New Economic History of Latin America: Evolution and Recent Contributions" (with John H. Coatsworth), in Jose Moya, ed., The Oxford Handbook of Latin American History (Oxford University Press, 2010)

"Credible Commitment and Sovereign Default Risk: Two Bond Markets and Imperial Brazil," in Stephen H. Haber, Douglass C. North, and Barry R. Weingast, eds., Political Institutions and Financial Development (Stanford University Press, 2008)

"The Development of Infrastructure," in Victor Bulmer-Thomas, John H. Coatsworth, and Roberto Cortés Conde, eds., The Cambridge Economic History of Latin America, Vol. II, The Long Twentieth Century (Cambridge University Press, 2006)

“Order, Disorder, and Economic Change: Latin America vs. North America,” (with Douglass C. North and Barry R. Weingast), in Bruce Bueno de Mesquita and Hilton Root, eds., Governing for Prosperity (Yale University Press, 2000) [published in Spanish as "Orden, Desorden y Cambio Económico: Latinoamérica vs. Norte América," in Revista Instituciones y Desarrollo, no. 12-13 (2002)]

"Railroads in Imperial Brazil," in John H. Coatsworth and Alan M. Taylor, eds., Latin America and the World Economy in the Nineteenth and Twentieth Centuries: Explorations in Quantitative Economic History (Harvard University Press, 1998)

"Transport Improvements and Economic Growth in Brazil and Mexico," in Stephen H. Haber, ed. How Latin America Fell Behind: Essays on the Economic Histories of Brazil and Mexico, 1800-1914 (Stanford University Press, 1997) [published in Spanish as Cómo se rezagó la América Latina: ensayos sobre las historias económicas de Brasil y México. 1800-1914 (Fundo de Cultura Económica, 1999)]