Luciano de Castro

Luciano de Castro is Professor of Economics with the Tippie College of Business, University of Iowa. He was Assistant Professor at Northwestern University and the University of Illinois. His research interests are broad and include Economic Theory, Applied Economics, Market Design, Energy Economics and Political Economy. His work has been published in Economics journals such as Econometrica, Journal of Economic Theory, Journal of Econometrics, and Games and Economic Behavior.

Content by Luciano de Castro
  • Publication - Working Paper

    How to deal with exchange rate risk in infrastructure and other long-lived projects

    Currency risk remains a significant deterrent to foreign investment flows to developing and emerging economies, particularly for long-duration infrastructure investments. Given the nature of such long-term investments, that take place in non-tradable sectors for which natural hedge is unlikely, hedging instruments are frequently costly, if at all available. Thus, either the...

    11 Aug 2022 | Claudio Frischtak, Luciano de Castro, Arthur M. Rodrigues