This paper investigates whether regulatory capital requirements play an important role in determining banks' equity capital. We estimate equity capital regressions using panel data of a sample of 560 banks for 2004-2010. Our results suggest that regulatory capital requirements are not first...

This paper empirically examines the determinants of sovereign credit ratings using panel data on a sample of 86 countries for 1993–2013. It further investigates whether the countries' average credit rating differs by region and for crisis and noncrisis periods, and how the bursting of the...

This paper empirically examines the determinants of sovereign credit ratings using panel data of a sample of 86 countries for 1993-2013. It further investigates whether the countries' average credit rating differs for crisis and non-crisis periods, as well as for the different regions where the...

This paper investigates low wage retention using a survival analysis approach. Variables explaining low wage retention take into account the characteristics of the employee, such as education, age, tenure with the company, gender and nationality, and the characteristics of the job and the...

The current study analyses the impact on a Portuguese small island regional economy, of the Transatlantic Trade and Investment Partnership (T-TIP) between the EU and the USA. A dynamic Computational General Equilibrium (CGE) model detailing six household categories, forty-five sectors, and four...

This study aims to analyze the influence of the entrance of low-cost carriers in the Azores in terms of the determinants of the number of overnight stays and the choice of accommodation type. Different methods of statistical analysis were used for the empirical study. Estimates were considered...

This paper investigates the level of customer mobility in the Portuguese financial system based on new survey data. We find that customers deal, on average, with more than one bank, and own several financial products. The results show that 46.9 per cent of customers had never switched bank in...