This study examines the time series behaviour of several Angolan macroeconomic variables, using monthly data from August 1996 to June 2011. The series are the inflation rate, M1, M2, the exchange rate at the beginning and the end of the period, and the monthly average exchange rate. In the first...

This paper analyses foreign direct investment (FDI) of Angola in Portugal. The reverse investment of African countries in Europe is a recent economic event that needs to be analysed, theoretically explained and empirically tested. A dynamic theoretical model is presented and a Bayesian model...

This paper analyzes the impact of vertical integration, age, geographic expansion, and low price strategy on the cost efficiency of retail stores. We test our hypotheses using the innovative Bayesian frontier methodology. The data involve a sample of Spanish retail stores that operate in a...

After twenty years of civil war in Angola, and following the country's devastation, transition to a market economy and democracy has finally begun. The end of the war has prompted individual expectations of a real income rise. Within this context, the paper sets out to analyse the willingness of...

This article analyses how long former university students stay unemployed, when searching for a new job after the leaving of the French higher education. Cox duration models are used to account for the proportional hypothesis. The main result of this article is that the worker's recruitment is...

This paper analyses technical efficiency of French urban public transport from 1995 to 2002 with unbalanced panel data. The latent class frontier model is used allowing the identification of different segments in the production frontier. We find that there are three statistically significant...

This study analyses the cost-efficiency of Nigerian banks pre and post the consolidation period. The researchers account for bank heterogeneity using the Bayesian random frontier model, which in this context provides a better fit than the traditional stochastic frontier model. From the...

This paper analyses the determinants of saving behaviour among Portuguese households using a structural equation model with latent variables. It is found that the main factors directly influencing households' saving behaviour are their attitude towards saving and their level of income. However,...