This paper is intended as a first approach to effectiveness of the wage reduction in promoting the international competitiveness of the Portuguese economy. It is general knowledge that the promotion of international competitiveness can be promoted by three distinct pathways. The first is to...

This paper presents an analysis of the findings of a survey on a sample of Portuguese firms. The main aim is to identify some relevant characteristics about the dynamics of prices and wages in PortugalSurvey data; Probit modelsThe most important conclusions are: i) changes to wages are more...

This paper uses firm level survey data from Portugal to investigate how firms adjust their labour costs in the presence of wage rigidities. In particular, the paper contributes to the literature by analysing how firms, in the presence of wage rigidity, combine different channels of labour-cost...

In Portugal, the public debate at regional level is typically absorbed in the discussion of asymmetries amongst the ‘interior’ and the ‘coast’. What is often discussed, with political and social relevance, is the extent of the interior’s delay (in terms of development) comparatively to...

The equalization effects of transfer systems has been the subject of analyses to evaluate the effectiveness of redistribution policies and of the adequacy of revenue sharing mechanisms in providing sub national governments with adequate resources to undertake their public responsibilities....