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Fiscal Targets, Automatic Stabilisers and their Effects on Output

Barrell, Ray; Hurst, Ian; Pina, Álvaro - ISEG - School of Economics and Management, Department … - 2002

In this paper we review the European macroeconomic policy framework, and address the issue of setting safe deficit targets - targets that make it very unlikely that a country exceeds the 3 per cent ceiling of the Stability and Growth Pact. In this context, the scope for an increase in public...

Persistent link: https://www.econbiz.de/10005463743

How should we measure the return on public investment in a VAR

Pina, Álvaro Manuel; Aubyn, Miguel St. - ISEG - School of Economics and Management, Department … - 2005

Pereira’s (2000) method of computing the return on public investment in a VAR is extended. A new return measure which accounts for public and private costs is proposed. An application to US data shows non-trivial differences between alternative return rates.

Persistent link: https://www.econbiz.de/10005593049

Macroeconomic Rates of Return of Public and Private Investment: Crowding-in and Crowding-out Effects

Afonso, António; Miguel St.Aubyn - ISEG - School of Economics and Management, Department … - 2008

Using annual data from 14 European Union countries, plus Canada, Japan and the United States, we evaluate the macroeconomic effects of public and private investment through VAR analysis. From impulse response functions, we are able to assess the extent of crowding-in or crowding-out of both...

Persistent link: https://www.econbiz.de/10005628423

Economics education: literacy or mind framing? Evidence from a survey on the social building of trust in Portugal

Graça, João Carlos; Lopes, João Carlos; Correia, … - ISEG - School of Economics and Management, Department … - 2014

made with more empirical evidence, namely the results of a survey entitled “Social Building of Trust in Portugal …

Persistent link: https://www.econbiz.de/10011272027

Minimum Income in Portugal: Changing the Rules in Times of Crisis

Rodrigues, Carlos Farinha - ISEG - School of Economics and Management, Department … - 2012

of the law that establish the non-contributory social benefits entitlement conditions in Portugal, with particular …

Persistent link: https://www.econbiz.de/10009645606

Robin Hood versus Piggy Bank: Income redistribution in Portugal 2006-10

Rodrigues, Carlos Farinha; Andrade, Isabel - ISEG - School of Economics and Management, Department … - 2013

The redistributive effect of the Portuguese welfare state through pensions, benefits and taxes is investigated in detail over the 2006-10 period using disposable income as benchmark. All social and fiscal policy instruments analysed contribute significantly to the reduction in inequality and...

Persistent link: https://www.econbiz.de/10010721902

The Age-Old Problem of Old Age Poverty in Portugal

Rodrigues, Carlos Farinha; Andrade, Isabel - ISEG - School of Economics and Management, Department … - 2013

The Portuguese elderly poverty rate has decreased significantly in recent years as elderly incomes have increased, and inequality and material deprivation levels have converged to their national levels. This paper investigates whether this improved situation is widespread across the elderly, but...

Persistent link: https://www.econbiz.de/10010721903

Portuguese Foreign Direct Investments Inflows: An Empirical Investigation

Leitão, Nuno Carlos; Faustino, Horácio - ISEG - School of Economics and Management, Department … - 2008

This paper examines the link between Portugal’s foreign direct investment (FDI) inflows from European Union (EU-15 … panel data approach (Fixed effects and GMM system estimators) to estimate the regression equations. Portugal’s FDI inflows …

Persistent link: https://www.econbiz.de/10005761270

Income distribution and poverty in Portugal (1994/95).

Rodrigues, Carlos Farinha - ISEG - School of Economics and Management, Department …

Portugal as revealed by the two most recent family surveys produced by the Portuguese Statistical Office: the European …

Persistent link: https://www.econbiz.de/10005761282

Public finances in Portugal: a brief longrun view

Afonso, António - ISEG - School of Economics and Management, Department … - 2007

This paper provides a succinct overview of long-run developments regarding public finances in Portugal with an emphasis … on the spending side. Issues addressed are the excessive deficit experiences of Portugal, the past experience with fiscal … consolidations, and labour cost competitiveness. It is fair to stay that public spending control has been a problem in Portugal, and …

Persistent link: https://www.econbiz.de/10005761286