Using a data set that covers all Portuguese mainland municipalities for the period 1979–2005, this study performs an empirical analysis of the economic determinants of mayors’ decisions to run for another term in office. The literature on the subject is mainly centered on the United States...

This paper analyses the presence of duration dependence in Portuguese local governments' tenure employing continuous and discrete-time duration analyses over a set of spells of time in office for the period 1979–2005. Our results show that the more time a party remains in office, the higher is...

Purpose: This paper analyses the collapse of credit booms into soft landings or systemic banking crises. Design/methodology/approach: A discrete-time competing risks duration model is employed to disentangle the factors behind the length of benign and harmful credit booms. Findings: The results...