Teresa Lloyd-Braga, Full Professor and Vice-Rector. Holds a PhD in Economics (Universidade Católica Portuguesa-CATÓLICA-LISBON, Portugal, 1996) and the undergraduate degree in Economics (Universidade Católica Portuguesa-CATÓLICA-LISBON, Portugal, 1981). Her main area of research is Macroeconomic Dynamics, more specifically, Endogenous Business Cycles. Her main research works center around the role of market distortions for the existence of indeterminacy and multiple equilibria.