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Portuguese Abstract: A morte súbita de José Mariano Gago aos 66 anos gerou consternação nos seus numerosos amigos e admiradores em Portugal e no estrangeiro. Governante mais durável do regime, a sua obra recebeu tributos unânimes cá dentro, sendo amplamente creditado lá fora por ter...
Persistent link: https://www.econbiz.de/10012926314
In this study, we assess the credibility of the currency board arrangement (CBA) of the Macau Special Administrative Region by studying the relationship between exchange market pressure (EMP) and the anchors of a rule-based CBA, namely, interest rate arbitrage, exchange rate arbitrage and...
Persistent link: https://www.econbiz.de/10012732971
This paper discusses the design of structural policies by relating second-best results and the complementarity of reforms. It computes a complementarity index based on structural reform indicators compiled by the EBRD for transition countries, assuming that the run-up to EU integration...
Persistent link: https://www.econbiz.de/10012733322
For Portugal, the transition to the Euro began in September 1989 and featured three successive institutional arrangements related to the Exchange Rate Mechanism of the European Monetary System: shadowing it, belonging to it with 6% and then with 15% fluctuation bands. Using daily data, we study...
Persistent link: https://www.econbiz.de/10012782396
Persistent link: https://www.econbiz.de/10012720899