Marcelo S. Perlin
Associate Professor of Finance,
Federal University of Rio Grande do Sul (UFRGS)
· Porto Alegre, Brazil
marceloperlin@gmail.com ·
Lattes CV ·
Google Scholar ·
GitHub ·
LinkedIn
Profile
Associate Professor of Finance at the Federal University of Rio Grande do Sul (UFRGS), Porto Alegre (Brazil), with a passion for quantitative finance and data science. My work focuses on developing and applying computational tools to solve real-world financial problems. I am the author of several books and research papers on data analysis, financial markets, and programming in R. I also develop and maintain open-source software in R and Python. For more details on my research and teaching, please see the Publications and Code sections.
Google Scholar: 1693 citations · h-index 18 · i10-index 25 (last update 2026-11-08).
Publications
2026The use of AI in 10-K filings: An empirical analysis
Marcelo S. Perlin, Cristian R. Foguesatto, Aliki K. Galanos, Felipe Affonso · Finance Research Letters · doi:10.1016/j.frl.2026.110161
2026The academia downturn: the impact of COVID-19 in the Brazilian research productivity
Marcelo S. Perlin, Denis Boreinstein, Takeyoshi Imasato, Cristian Foguesatto · Research Evaluation · doi:10.1093/reseval/rvag019
2025Using ChatGPT for Creating Multi-Language Finance Related Sentiment Dictionaries
Marcos Reichert, Marcelo S. Perlin · Computational Economics · doi:10.1007/s10614-025-11233-3
2025Can AI beat a naive portfolio? An experiment with anonymized data
Marcelo S. Perlin, Cristian Foguesato, Fernanda Muller, Marcelo Righi · Finance Research Letters · doi:10.1016/j.frl.2025.107126
2025Profiling Brazil’s research elite: Insights from a cluster analysis of a large database
Cristian Foguesato, Denis Boreinstein, Marcelo S. Perlin, Takeyoshi Imasato · Journal of Data and Information Science · doi:10.2478/jdis-2025-0033
2025 Understanding Financial Resilience through Innovation and Top Management
Aliki Galanos, Marcelo S. Perlin · Revista Brasileira de Gestão de Negócios · doi:10.7819/rbgn.v27i03.4302
2024Risk Forecasting Comparisons in Decentralized Finance: An Approach in Constant Product Market Makers
Lucas Mussoi, Fernanda Maria Müller, Marcelo S. Perlin · Computational Economics · doi:10.1007/s10614-024-10585-6
2024Pricing efficiency in cryptocurrencies: The case of centralized and decentralized markets
Lucas Mussoi, Marcelo S. Perlin, Fernanda Maria Muller · Journal of Economics and Business · doi:10.1016/j.jeconbus.2024.106224
2024The determinants and impact of research grants: The case of Brazilian productivity scholarships
Marcelo S. Perlin, Denis Boreinstein, Takeyoshi Imasato, Marcos Reichert · Journal of Informetrics · doi:10.1016/j.joi.2024.101563
2023What is the sustainable withdraw rate for Brazil?
Lucas Pereira, Marcelo S. Perlin · Revista Brasileira de Finanças · doi:10.12660/rbfin.v21n3.2023.89040
2022The Academic Inbreeding Controversy: Analysis and Evidence from Brazil
Marcelo S. Perlin, Denis Boreinstein, Takeyoshi Imasato · Journal of Informetrics · doi:10.1016/j.joi.2022.101287
2022What drives the release of material facts for Brazilian stocks?
Marcelo S. Perlin, Marcos Henrique Reichert · Revista Brasileira de Finanças · doi:10.12660/rbfin.v20n2.2022.85378
2021O Impacto da Titulação Acadêmica de Conselheiros e Diretores sobre a Performance de Empresas Negociadas na B3
Marcelo Perlin, Guilherme Kirch, Daniel Vancin, Mauro Mastella · Brazilian Business Review · doi:10.15728/bbr.2021.18.5.5
2021Board gender diversity: performance and risk of Brazilian firms
Mauro Mastella, Daniel Vancin, Marcelo S. Perlin, Guilherme Kirch · Gender in Management · doi:10.1108/GM-06-2019-0088
2020Does algorithmic trading harm liquidity? Evidence from Brazil
Henrique P. Ramos, Marcelo S. Perlin · North American Journal of Economics and Finance · doi:10.1016/j.najef.2020.101243
2020A GARCH Tutorial with R
Marcelo S. Perlin, Mauro Mastella, Daniel Vancin, Henrique P. Ramos · Revista de Administração Contemporânea · doi:10.1590/1982-7849rac2021200088
2019Accessing Financial Reports and Corporate Events with GetDFPData
Marcelo S. Perlin, Guilherme Kirch, Daniel Vancin · Revista Brasileira de Finanças
2019A consumer credit risk structural model based on affordability: balance at risk
Marcelo S. Perlin, Marcelo Brutti Righi, Tiago P. Filomena · Journal of Credit Risk
2018Lotka’s law for the Brazilian scientific output published in journals
Sergio da Silva, Marcelo S. Perlin, Raul Matsushita, Takeyoshi Imasato, Denis Boreinstein · Journal of Information Science · doi:10.1177/0165551518801813
2018Is predatory publishing a real threat? Evidence from a large database study
Marcelo S. Perlin, Takeyoshi Imasato, Denis Boreinstein · Scientometrics · doi:10.1007/s11192-018-2750-6
2017Portfolio management using realized covariances: Evidence from Brazil
João F. Caldeira, Guilherme V. Moura, Marcelo S. Perlin, André A. P. Santos · EconomiA · doi:10.1016/j.econ.2017.05.001
2017Can we predict the financial markets based on Google's search queries?
Marcelo S. Perlin, João F. Caldeira, André A. P. Santos, Martin Pontuschka · Journal of Forecasting · doi:10.1002/for.2446
2017The Brazilian scientific output published in journals: A study based on a large CV database
Marcelo S. Perlin, André A. P. Santos, Takeyoshi Imasato, Denis Borenstein, Sergio da Silva · Journal of Informetrics · doi:10.1016/j.joi.2016.11.002
2017Mispricing in the odd lots market in Brazil
Henrique P. Ramos, Marcelo S. Perlin, Marcelo B. Righi · North American Journal of Economics and Finance · doi:10.1016/j.najef.2017.08.006
2017Análise do Perfil dos Acadêmicos e de suas Publicações Científicas em Administração
Takeyoshi Imasato, Marcelo S. Perlin, Denis Borenstein · RAC. Revista de Administração Contemporânea (Impresso) · doi:10.1590/1982-7849rac2017150329
2017O poder preditivo de pesquisas na internet sobre o mercado financeiro brasileiro
Henrique Pinto Ramos, Kadja Katherine Mendes Ribeiro, Marcelo S. Perlin · RAM. Revista de Administração Mackenzie (Impresso) · doi:10.1590/1678-69712017/administracao.v18n2p184-210
2017Análise de Integração Financeira entre o Mercado Acionário Brasileiro e o Argentino: Uma Abordagem Dinâmica
Martin Pontuschka, Marcelo S. Perlin · Revista Brasileira de Finanças
2016A Multistage Stochastic Programming Asset-Liability Management Model - An Application to the Brazilian Pension Fund Industry
Alan Delgado de Oliveira, Tiago Pascoal Filomena, Marcelo Scherer Perlin, Miguel Lejeune, Guilherme Ribeiro de Macedo · Optimization and Engineering · doi:10.1007/s11081-016-9316-3?wt_mc=internal.event.1.SEM.ArticleAuthorOnlineFirst
2016A Microestrutura do Tesouro Direto: Sazonalidade do Fluxo de Ordens e a Formação de Spreads
Marcelo S. Perlin · Revista Brasileira de Finanças · doi:10.11606/1413-8050/ea140191
2016GetHFData: A R package for downloading and aggregating high frequency trading data from Bovespa
Marcelo S. Perlin, Henrique P. Ramos · Revista Brasileira de Finanças
2015A Estratégia de pares no Mercado Acionário Brasileiro: O Impacto da Frequência de Dados
Martin Pontuschka, Marcelo S. Perlin · RAM. Revista de Administração Mackenzie (Impresso) · doi:10.1590/1678-69712015/administracao.v16n2p188-213
2015Os pesquisadores, as publicações e os periódicos da área de Finanças no Brasil: Uma análise com base em currículos da plataforma Lattes.
Marcelo S. Perlin, André Portela Santos · Revista Brasileira de Finanças
2014On the Performance of the Tick Test
Marcelo S. Perlin, Chris Brooks, Alfonso Dufour · Quarterly Review of Economics and Finance · doi:10.1016/j.qref.2013.07.001
2013The determinants of a cross market arbitrage opportunity: theory and evidence for the European bond market
Marcelo S. Perlin, Alfonso Dufour, Chris Brooks · Annals of Finance · doi:10.1007/s10436-013-0242-5
2013Comunalidades na Liquidez – Evidências e Comportamento Intradiário para o Mercado Brasileiro
Fernanda Gomes Victor, Marcelo S. Perlin, Mauro Mastella · Revista Brasileira de Finanças
2013Os Efeitos da Introdução de Agentes de Liquidez no Mercado Acionário Brasileiro
Marcelo S. Perlin · Revista Brasileira de Finanças
2011System-Wide liquidity risk in the UK’s large-value payment system: an empirical analysis
Marcelo S. Perlin, Jochen Schanz · Bank of England Working Paper Series
2009Evaluation of pairs-trading strategy at the Brazilian financial market
Marcelo S. Perlin · Journal of Derivatives and Hedge Funds · doi:10.1057/jdhf.2009.4
2007Non-Linear Modelling in the Brazilian Market: Evaluating the Forecasting Performance of NN Univariate Nearest Neighbor and SNN Simultaneous Nearest Neighbour Forecasting Algorithm
Marcelo S. Perlin, Paulo S. Ceretta · REAd. Revista Eletrônica de Administração (Porto Alegre. Online)
2006Teoria do Caos aplicada aos Contratos de Café no Mercado de Derivativos
Marcelo S. Perlin, Paulo S. Ceretta · READ - Revista Eletrônica da Administração (UFRGS)
Books
2024Introdução ao R - Um guia prático para iniciantes
Amazon KDP (independent publication) · Amazon
2023Questões de R em Concursos Públicos: Soluções e comentários
Amazon KDP (independent publication) · Amazon
2022Visualização de Dados com o R
Amazon KDP (independent publication) · Amazon
2022Analyzing Financial and Economic Data with R (Third Edition)
Amazon KDP (independent publication) · Amazon
2021Análise de Dados Financeiros e Econômicos com o R (Terceira Edição)
Amazon KDP (independent publication) · Amazon
2019Poupando e Investindo em Renda Fixa: Uma Abordagem Baseada em Dados
Amazon KDP (independent publication) · Amazon
Awards and Honors
2026Best reviewer for the area of Financial Markets
RCF - Revista de Contabilidade e Finanças — Awarded as one of the best reviewers for the area of Financial Markets.
2018Top 10% of Authors by New Downloads (Last 12 Months)
SSRN — Ranked in the top 10% of authors on SSRN by total new downloads within the last 12 months.
2018Top 10% of Authors by All-Time Downloads
SSRN — Ranked in the top 10% of authors on SSRN by all-time downloads.
2018Top 5% of Research Outputs
Altmetric — Awarded for the article 'Is predatory publishing a real threat? Evidence from a large database study'.
2016RBFIN Best Paper of 2015 (Honorary Mention)
Brazilian Finance Society — Awarded for the paper 'The researchers, the publications and the journals of Finance in Brazil: An analysis based on resumes from the Lattes platform'.
2014APIMEC Award for Research Paper in Capital Markets (3rd Place)
Brazilian Association of Financial Analysts (APIMEC) — Awarded for the paper 'Estimating the Intensity of News based on Trade Data'.
2014RBFIN Best Paper of 2013 (1st Place)
Brazilian Finance Society — Awarded for the paper 'The effects of the introduction of market makers in the Brazilian equity market'.
2011ANBIMA Award (1st Place)
ANBIMA (Brazilian Association of Capital Markets) — Awarded for the best paper in the area of fixed income markets: 'The Determinants of a Cross Market Arbitrage Opportunity: Theory and Evidence for the European Bond Market'.
2011File Exchange Pick of the Week
Matlab Community — Awarded for the Matlab package 'MS_Regress - A Package for Markov Regime Switching Models in Matlab'.
2011IBEF SP/KPMG Award (Honorary Mention)
Institute of Finance Executives — Awarded for the paper 'On the Performance of the Tick Test'.
Open-Source Software
yfR
Downloads and Organizes Financial Data from Yahoo Finance · https://ropensci.r-universe.dev/yfR
GetTDData
Get Data for Brazilian Bonds (Tesouro Direto) · https://msperlin.r-universe.dev/GetTDData
GetBCBData
Imports Datasets from BCB (Central Bank of Brazil) using Its Official API · https://msperlin.r-universe.dev/GetBCBData
BatchGetSymbols
Downloads and Organizes Financial Data for Multiple Tickers · https://msperlin.r-universe.dev/BatchGetSymbols
GetDFPData2
Reading Annual and Quarterly Financial Reports from B3 · https://msperlin.r-universe.dev/GetDFPData2
GetLattesData
Reading Bibliometric Data from Lattes Platform · https://msperlin.r-universe.dev/GetLattesData
rfbpy
An easy-to-use Python package to download, extract and load the open CNPJ (Brazilian company registry) data published by the Receita Federal into SQLite or parquet files. · https://github.com/msperlin/rfbpy
eodhdR2
Official R API for Fetching Data from 'EODHD' · https://eodhistoricaldata.r-universe.dev/eodhdR2
GetFREData
Reading FRE Corporate Data of Public Traded Companies from B3 · https://msperlin.r-universe.dev/GetFREData
GetQuandlData
Fast and Cached Import of Data from 'Quandl' Using the 'json API' · https://msperlin.r-universe.dev/GetQuandlData