We estimate changes in fiscal policy regimes in Portugal with a Markov Switching regression of fiscal policy rules for …

This paper presents new statistical evidence on the long-term evolution of income inequality in Portugal. Portuguese … increase during the 1990s seems to put Portugal on a par with the experience of Anglo-Saxon countries. …

This paper empirically analyzes the political and economic objectives underlying privatization on the stock market … on the issue. The paper has two main findings. Fist, larger initial returns occurred in the early stages of privatization …

Italys first Fascist government applied a large-scale privatization policy between 1922 and 1925. The government … private firms to build and operate motorways. While ideological considerations may have had a certain influence, privatization … and the Partito Nazionale Fascista. Privatization also contributed to balancing the budget, which was the core objective …

This paper conducts an empirical analysis of the relationship between privatization and regulation drawing on data from … a wide sample of European airports. We find that privatization promotes a shift from basic regulation to a situation of … more detailed or non-regulation, depending on the specific characteristics of the privatization process and on the type of …

countries, none of which systematically reprivatized firms during the 1930s. Privatization in Nazi Germany was also unique in … transferred to private ownership belonged to diverse sectors. Privatization was part of an intentional policy with multiple … financial restrictions were a central motivation. In addition, privatization was used as a political tool to enhance support for …