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Fiscal and current account imbalances : the cases of Germany and Portugal
Afonso, António; Coelho, José Carlos - 2021
and Germany. We find that the response of the current account balance to the budget balance is greater in Portugal than in … Germany. On the other hand, the response of the budget balance to the current balance is higher in Germany than in Portugal …. In Portugal and Germany, a fiscal rules index has a negative impact on the current account balance and the government …
Persistent link: https://www.econbiz.de/10014293956
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Fiscal and current account imbalances : the cases of Germany and Portugal
Afonso, António; Coelho, José Carlos - In: The world economy : the leading journal on … 47 (2024) 1, pp. 145-168
Persistent link: https://www.econbiz.de/10014478128
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Fiscal episodes, technological progress and market power
Afonso, António; Jalles, João Tovar - 2015
Persistent link: https://www.econbiz.de/10011549831
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The macro impact of the Portuguese Constitutional Court decisions regarding the budgetary proposals of the Portuguese Budget Law (2012, 2013, 2014)
Afonso, António; Caiado, Jorge; St. Aubyn, Miguel - 2015
Persistent link: https://www.econbiz.de/10011549955
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Monetary developments and expansionary fiscal consolidations : evidence from the EMU
Afonso, António; Martins, Luís - 2014
Persistent link: https://www.econbiz.de/10011554870
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Monetary developments and expansionary fiscal consolidations : evidence from the EMU
Afonso, António; Martins, Luís - In: International journal of finance & economics : IJFE 21 (2016) 3, pp. 247-265
Persistent link: https://www.econbiz.de/10011560506
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To consolidate or not to consolidate? : a multi-step analysis to assess needed fiscal sustainability
Afonso, António; Alves, José; Jalles, João Tovar - 2022
We assess the specific need (or its absence) of a country to implement a fiscal consolidation programme by focusing specifically on their degree of success, notably in terms of fiscal sustainability. The "need" to consolidate is based on having a primary balance above or below the...
Persistent link: https://www.econbiz.de/10012938962
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(Non-)Keynesian effects of fiscal austerity : new evidence from a large sample
Afonso, António; Alves, José; Huart, Florence - 2021
We empirically assess whether a usually expected negative response of private consumption and private investment to a fiscal consolidation is reversed. We focus on a large sample of 174 countries between 1970 and 2018. We also employ three alternative measures of the Cyclically Adjusted Primary...
Persistent link: https://www.econbiz.de/10012504460
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Fiscal episodes in the Economic and Monetary Union : elasticities and non-Keynesian effects
Afonso, António; Leal, Frederico Silva - In: International journal of finance & economics : IJFE 27 (2022) 1, pp. 571-593
Persistent link: https://www.econbiz.de/10012814843
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Fiscal sustainability in the PALOP economies
Afonso, António; Leão, Emanuel R.; Tiny, Dilson; … - In: Notas económicas 54 (2022), pp. 55-70
Persistent link: https://www.econbiz.de/10013363141