Showing 1 - 10 of 213
Persistent link: https://www.econbiz.de/10011410612
Persistent link: https://www.econbiz.de/10011581530
We show that credit supply shocks have a strong impact on firm-level as well as aggregate investment by applying the methodology developed by Amiti and Weinstein (2013) to a rich dataset of matched bank-firm loans in the Portuguese economy for the period 2005 to 2013. We argue that their...
Persistent link: https://www.econbiz.de/10011495499
Sunk costs for R&D are an important determinant of the level of innovation in the economy. In this paper I recover them using a Markov equilibrium framework. The contribution is twofold. First, a model of industry dynamics which accounts for selection into R&D, capital accumulation and...
Persistent link: https://www.econbiz.de/10003904403
In this paper we investigate the process of job search, using a unique, large-scale data set for Portugal that allows …
Persistent link: https://www.econbiz.de/10013428179
Persistent link: https://www.econbiz.de/10013428189
market institutions and macroeconomic outcomes. Portugal occupies an unenviable rank order in such measures of the stringency …' institutional detail on the nature of employment protection in Portugal; and, second, and more substantively, by offering a detailed … analysis of the process of labor djustment in Portugal, benchmarked to other-country experience. The latter exercise based on a …
Persistent link: https://www.econbiz.de/10013428254
Persistent link: https://www.econbiz.de/10000035945
Persistent link: https://www.econbiz.de/10000920662
The Brazilian experience is of particular interest as a case study into the fiscal scope for public sector investments, especially in infrastructure. Brazil has one of the highest tax burdens in the world and, at the same time, the public sector has been registering a historic low in investment,...
Persistent link: https://www.econbiz.de/10012038450