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Bastos, Paulo; Silva, Joana; Verhoogen, Eric A - C.E.P.R. Discussion Papers - 2014

detailed customs and firm-product-level data from Portugal. We use exchange-rate movements as a source of variation in export …

Persistent link: https://www.econbiz.de/10011083348

Portugal and Europe: The Longest Transition

Braga de Macedo, Jorge - C.E.P.R. Discussion Papers - 1987

two "integration episodes", the development of an economic union between Portugal and its African colonies and the … establishment of democratic socialism since then. The paper contrasts the recent economic experience of Portugal with its neighbour … Spain. The view that EC membership is desirable because it ensures Portugal against dictatorship is also examined and …

Persistent link: https://www.econbiz.de/10005792495

Moving the Escudo into the Euro

Braga de Macedo, Jorge; Catela Nunes, Luís; Covas, … - C.E.P.R. Discussion Papers - 1999

When the 1987 general elections brought a durable government to Portugal, the national environment was still …

Persistent link: https://www.econbiz.de/10005123635

External Liberalization with Ambiguous Public Response: The Experience of Portugal

Braga de Macedo, Jorge - C.E.P.R. Discussion Papers - 1990

This paper reviews the traditional ambiguity of Portuguese policy towards external liberalization. Product and labour markets have become segmented as a result of the soft budget constraint faced by large corporations and job protection in the public sector. Relaxation of entry requirements into...

Persistent link: https://www.econbiz.de/10005281308

Portuguese Industry and the Effect of EC Membership

Corado, Cristina - C.E.P.R. Discussion Papers - 1990

, economies of scale, and have been heavily protected from international competition in Portugal and Spain. The `costs of non …

Persistent link: https://www.econbiz.de/10005281309

Competition Policy in Portugal

Barros, Pedro Luis Pita; Mata, José - C.E.P.R. Discussion Papers - 1996

economic agents, competition policies are usually included in the legal framework that regulates economic activities. Portugal …

Persistent link: https://www.econbiz.de/10005114491

Optimal Spatial Taxation: Are Big Cities too Small?

Eeckhout, Jan; Guner, Nezih - C.E.P.R. Discussion Papers - 2015

We analyze the role of optimal income taxation across different local labor markets. Should labor in large cities be taxed differently than in small cities? We find that a planner who needs to raise revenue and is constrained by free mobility of labor across cities does not choose equal taxes...

Persistent link: https://www.econbiz.de/10011145397

Labor Differentiation and Agglomeration in General Equilibrium

Berliant, Marcus; Zenou, Yves - C.E.P.R. Discussion Papers - 2012

The aim of this paper is to explore the structure of cities as a function of labor differentiation, gains to trade, a fixed cost for constructing the transportation network, a variable cost of commodity transport, and the commuting costs of consumers. Firms use different types of labor to...

Persistent link: https://www.econbiz.de/10011083732

The Macroeconomics of Modigliani-Miller

Gersbach, Hans; Haller, Hans; Müller, Jürg - C.E.P.R. Discussion Papers - 2013

We examine the validity of a macroeconomic version of the Modigliani-Miller theorem. For this purpose, we develop a general equilibrium model with two production sectors, risk-averse households and financial intermediation by banks. Banks are funded by deposits and (outside) equity and monitor...

Persistent link: https://www.econbiz.de/10011084423

Spatial Sorting: Why New York, Los Angeles and Detroit attract the greatest minds as well as the unskilled

Eeckhout, Jan; Pinheiro, Roberto; Schmidheiny, Kurt - C.E.P.R. Discussion Papers - 2010

We propose a theory of skill mobility across cities. It predicts the well documented city size--wage premium: the wage distribution in large cities first-order stochastically dominates that in small cities. Yet, because this premium is reflected in higher house prices, this does not necessarily...

Persistent link: https://www.econbiz.de/10008784748