Juliana Salomao

Associate Professor Juliana Salomao teaches International Finance and Global Economy. Salomao holds a PhD in economics from Stanford University and a M.A. from PUC-Rio, Brazil.  Salomao’s research is focused on the sovereign and corporate credit markets. On her latest work, she analyzes the effect of the Credit Default Swap (CDS) market on sovereign credit markets. Her results show that the existence of a CDS market results in lower default probability, higher debt levels, and lower financing costs for the country. Her other projects explore the predictability of excess returns on long bonds and the relationship between firm financing and the business cycle.