Gustavo de Souza is a Research Economist at the Federal Reserve Bank of Chicago. He received his PhD from the University of Chicago in 2021 and was a Postdoctoral fellow at the IIES in 2022. In his research, he uses micro-data to estimate macroeconomic models and derive policy implications. His research interests are in macroeconomics, labor economics, development, and public finance. For more on his research, visit his personal website at www.gustavodesouza.net. You can also follow him on Twitter at @GusMicrotoMacro.