Details about Antonio Afonso

Homepage:

https://www.iseg.ulisboa.pt/aquila/homepage/aafonso

Workplace:

Instituto Superior de Economia e Gestão (ISEG) (School of Economics and Management), Universidade de Lisboa (University of Lisbon), (more information at EDIRC) Unidade de Estudos sobre Complexidade e Economia (UECE) (Research Unit on Complexity and Economics), Research in Economics and Mathematics (REM), Instituto Superior de Economia e Gestão (ISEG) (School of Economics and Management), Universidade de Lisboa (University of Lisbon), (more information at EDIRC)

Access statistics for papers by Antonio Afonso.

Last updated 2025-05-03. Update your information in the RePEc Author Service.

Short-id: paf1

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Working Papers

2025

1. COMPLIANCE WITH FISCAL SUSTAINABILITY AND THE EURO
   Working Papers REM, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa
   Also in CESifo Working Paper Series, CESifo (2025)
2. Creating Businesses in the Least Developed Countries: Does the Regulatory Environment Matter?
   CESifo Working Paper Series, CESifo
   Also in Working Papers REM, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa (2025)
3. Fiscal and External Sustainability: A Two-Step Time-Varying Granger Causality Assessment
   CESifo Working Paper Series, CESifo
   Also in Working Papers REM, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa (2025)
4. Private Investment and Public Investment: Total Rates of Return and Global Balances in the OECD
   CESifo Working Paper Series, CESifo
   Also in Working Papers REM, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa (2025)
5. Shaken Balances: Climate Risks and the Dynamics of Fiscal and External Sustainability
   Working Papers REM, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa
   Also in CESifo Working Paper Series, CESifo (2025)
6. Stock and Sovereign Returns Linkages: Time-Varying Causality and Extreme-Quantile Determinants
   CESifo Working Paper Series, CESifo
   Also in Working Papers REM, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa (2025)
7. The ECB's Pandemic Emergency Purchase Programme and Fiscal Policy: Synergies or Conflict?
   CESifo Working Paper Series, CESifo
   Also in Working Papers REM, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa (2025)

2024

8. Bank’s Risk-Taking Channel of Monetary Policy and TLTRO: Evidence from the Eurozone
   CESifo Working Paper Series, CESifo
   Also in Working Papers REM, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa (2024)
9. Beyond the Centre: Tracing Decentralization’s Influence on Time-varying Fiscal Sustainability
   Working Papers REM, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa
   Also in CESifo Working Paper Series, CESifo (2024)
   See also Journal Article Beyond the centre: Tracing Decentralization's influence on time-varying fiscal sustainability, International Review of Economics & Finance, Elsevier (2024) (2024)
10. Budgetary Constrained Governments: Drivers of Time Varying Fiscal Sustainability in OECD Countries
    CESifo Working Paper Series, CESifo
    Also in Working Papers REM, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa (2024)
11. DOES FINANCIAL INCLUSION ENHANCE PER CAPITA INCOME IN THE LEAST DEVELOPED COUNTRIES?
    Working Papers REM, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa View citations (1)
    Also in CESifo Working Paper Series, CESifo (2024) View citations (1)
    See also Journal Article Does financial inclusion enhance per capita income in the least developed countries?, International Economics, Elsevier (2024) View citations (1) (2024)
12. Determinants of Trade Partner Concentration: An Analysis for European Countries
    CESifo Working Paper Series, CESifo
    Also in Working Papers REM, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa (2024)
13. Does Monetary Policy Influence Euro Area Fiscal Sustainability?
    CESifo Working Paper Series, CESifo
    Also in Working Papers REM, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa (2024)
14. Echoes of Instability: How Geopolitical Risks Shape Government Debt Holdings
    CESifo Working Paper Series, CESifo
    Also in Working Papers REM, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa (2024)
    See also Journal Article Echoes of instability: how geopolitical risks shape government debt holdings, Economic Change and Restructuring, Springer (2025) (2025)
15. Energy Price Dynamics in the Face of Uncertainty Shocks and the Role of Exchange Rate Regimes: A Global Cross-Country Analysis
    CESifo Working Paper Series, CESifo
    Also in Working Papers REM, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa (2024)
16. Fiscal Policy Spillovers in the Euro Area - a new assessment
    Working Papers REM, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa
    Also in CESifo Working Paper Series, CESifo (2024)
17. Impact of Sovereign Debt Maturity on Fiscal Sustainability
    Working Papers REM, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa
    Also in Working Papers, Latvijas Banka (2024)
    CESifo Working Paper Series, CESifo (2024)
18. Inflation Tales: The Heterogenous Price Effects from Current Account Dynamics
    CESifo Working Paper Series, CESifo
    Also in Working Papers REM, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa (2024)
19. Measuring Tax Burden Efficiency in OECD Countries: An International Comparison
    CESifo Working Paper Series, CESifo
    Also in Working Papers REM, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa (2024)
20. On the time-varying impact of China’s bilateral political relations on its trading partners: “doux commerce” or “trade follows the flag”?
    Working Papers of BETA, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg View citations (1)
    Also in CESifo Working Paper Series, CESifo (2023)
    Working Papers REM, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa (2023)
    See also Journal Article On the time-varying impact of China's bilateral political relations on its trading partners: “Doux commerce” or “trade follows the flag”?, China Economic Review, Elsevier (2024) View citations (1) (2024)
21. Public Sector Efficiency and the Functions of the Government
    CESifo Working Paper Series, CESifo
    Also in Working Papers REM, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa (2024)
22. Public and Private Investments: A VAR Analysis of Their Impact of Economic Growth in 18 Advanced Economies
    CESifo Working Paper Series, CESifo
    Also in Working Papers REM, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa (2024)
23. Sovereign Risk Dynamics in the EU: The Time Varying Relevance of Fiscal and External (Im)balances
    CESifo Working Paper Series, CESifo View citations (2)
    Also in Working Papers REM, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa (2024) View citations (2)
    See also Journal Article Sovereign risk dynamics in the EU: The time varying relevance of fiscal and external (im)balances*, Journal of International Financial Markets, Institutions and Money, Elsevier (2024) View citations (2) (2024)
24. The Persistence of Gender Pay and Employment Gaps in European Countries
    CESifo Working Paper Series, CESifo
    Also in Working Papers REM, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa (2024)
25. The Pressure Is On: How Geopolitical Tensions Impact Institutional Fiscal and External Stability Responses
    CESifo Working Paper Series, CESifo View citations (2)
    Also in Working Papers REM, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa (2024) View citations (2)
26. The Role of Fiscal Policy Rating Variables on Economic Growth in the LDCs
    CESifo Working Paper Series, CESifo
    Also in Working Papers REM, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa (2024)
27. The Role of Global Uncertainty in Shaping Trade Flow Relations: A Cross-Country Analysis for Europe
    CESifo Working Paper Series, CESifo
    Also in Working Papers REM, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa (2024)

2023

28. Bank Regulation and Sovereign Risk: A Paradox
    Working Papers REM, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa
    Also in CESifo Working Paper Series, CESifo (2023)
29. Banks’ Portfolio of Government Debt and Sovereign Risk
    CESifo Working Paper Series, CESifo
    Also in Working Papers REM, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa (2023)
30. Beyond Borders: Assessing the Influence of Geopolitical Tensions on Sovereign Risk Dynamics
    CESifo Working Paper Series, CESifo View citations (1)
    Also in Working Papers REM, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa (2023) View citations (1)
    See also Journal Article Beyond borders: Assessing the influence of Geopolitical tensions on sovereign risk dynamics, European Journal of Political Economy, Elsevier (2024) View citations (4) (2024)
31. Consumption Patterns of Indebted Households: Unravelling the Relevance of Fiscal Policy
    CESifo Working Paper Series, CESifo
    Also in Working Papers REM, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa (2023)
    See also Journal Article Consumption patterns of indebted households: unravelling the relevance of fiscal policy, International Journal of Economic Policy Studies, Springer (2025) (2025)
32. Determinants of the Degree of Fiscal Sustainability
    CESifo Working Paper Series, CESifo View citations (4)
    Also in Working Papers REM, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa (2023) View citations (4)
    See also Journal Article Determinants of the degree of fiscal sustainability, International Journal of Finance & Economics, John Wiley & Sons, Ltd. (2025) (2025)
33. Drivers of Fiscal Sustainability: A Time-Varying Analysis for Portugal
    CESifo Working Paper Series, CESifo
    Also in Working Papers REM, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa (2023)
    See also Journal Article Drivers of fiscal sustainability: A time-varying analysis for Portugal, International Economics, Elsevier (2024) (2024)
34. Fiscal Sustainability and the Role of Inflation
    Working Papers, Latvijas Banka
    Also in Working Papers REM, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa (2023)
    CESifo Working Paper Series, CESifo (2023)
35. Government Spending and Tax Revenue Decentralization and Public Sector Efficiency: Do Natural Disasters Matter?
    CESifo Working Paper Series, CESifo
    Also in Working Papers REM, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa (2023)
36. Introduction to INFER special issue on “new aspects of economic and financial integration”
    Post-Print, HAL
37. Monetary Policy Surprise Shocks under Different Fiscal Regimes: A Panel Analysis of the Euro Area
    CESifo Working Paper Series, CESifo View citations (1)
    Also in Working Papers REM, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa (2023) View citations (1)
38. On the time-varying impact of China's bilateral political relations on its trading partners (1960-2022)
    Working Papers, HAL
    Also in Working Papers of BETA, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg (2023)
    EconomiX Working Papers, University of Paris Nanterre, EconomiX (2023)
39. The Effects of Monetary Policy Surprises and Fiscal Sustainability Regimes in the Euro Area
    CESifo Working Paper Series, CESifo View citations (1)
    Also in Working Papers REM, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa (2023) View citations (3)
40. The Nexus between Economic Freedom and Economic Growth in the LDCs. An Empirical Analysis for the Period 2000-2021
    CESifo Working Paper Series, CESifo
    Also in Working Papers REM, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa (2023)

2022

41. A Tale of Government Spending Efficiency and Trust in the State
    CESifo Working Paper Series, CESifo
    Also in Working Papers REM, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa (2022)
    See also Journal Article A tale of government spending efficiency and trust in the state, Public Choice, Springer (2024) View citations (2) (2024)
42. Are Fiscal Consolidation Episodes Helpful for Public Sector Efficiency?
    CESifo Working Paper Series, CESifo View citations (1)
    Also in Working Papers REM, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa (2022) View citations (1)
    See also Journal Article Are fiscal consolidation episodes helpful for public sector efficiency?, Applied Economics, Taylor & Francis Journals (2023) View citations (3) (2023)
43. Determinants of Stock Market Correlation. Accounting for Model Uncertainty and Reverse Causality in a Large Panel Setting
    CESifo Working Paper Series, CESifo
    Also in Working Papers REM, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa (2022)
44. Does Government Spending Efficiency Improve Fiscal Sustainability?
    CESifo Working Paper Series, CESifo
    Also in Working Papers REM, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa (2022)
45. Financial, Institutional and Macroeconomic Determinants of Cross-Country Portfolio Equity Flows
    Working Papers REM, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa
    Also in CESifo Working Paper Series, CESifo (2022)
46. Fiscal Sustainability, Fiscal Reactions, Pitfalls and Determinants
    CESifo Working Paper Series, CESifo View citations (9)
    Also in Working Papers REM, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa (2022) View citations (9)
47. Government Spending Efficiency in Latin America
    CESifo Working Paper Series, CESifo
    Also in Working Papers REM, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa (2022)
    See also Journal Article Government spending efficiency in Latin America, Empirica, Springer (2024) View citations (1) (2024)
48. Is Public Investment in Construction and in R&D, Growth Enhancing? A PVAR Approach
    CESifo Working Paper Series, CESifo
    Also in Working Papers REM, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa (2022)
    See also Journal Article Is public investment in construction and in R&D, growth enhancing? A PVAR approach, Applied Economics, Taylor & Francis Journals (2024) View citations (2) (2024)
49. Local Property Tax Reform and Municipality Spending Efficiency
    CESifo Working Paper Series, CESifo
    Also in Working Papers REM, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa (2022)
50. Minimum Wage and Collective Bargaining Reforms: A Narrative Database for Advance Economies
    CESifo Working Paper Series, CESifo
    Also in Working Papers REM, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa (2022)
51. Pay and Unemployment Determinants of Migration Flows in the European Union
    CESifo Working Paper Series, CESifo
    Also in Working Papers REM, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa (2022)
52. Public Finances Solvency in the Euro Area: True or False?
    CESifo Working Paper Series, CESifo View citations (1)
    Also in Working Papers REM, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa (2022) View citations (2)
53. To Consolidate or Not to Consolidate? A Multi-Step Analysis to Assess Needed Fiscal Sustainability
    CESifo Working Paper Series, CESifo View citations (4)
    Also in Working Papers REM, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa (2022) View citations (5)
    Working Papers, International Network for Economic Research - INFER (2022) View citations (5)
    See also Journal Article To consolidate or not to consolidate? A multi-step analysis to assess needed fiscal sustainability, International Economics, CEPII research center (2022) View citations (1) (2022)
54. Twin Deficits through the Looking Glass: Time-Varying Analysis in the Euro Area
    Working Papers REM, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa
    Also in CESifo Working Paper Series, CESifo (2022)
    See also Journal Article Twin deficits through the looking glass: time-varying analysis in the Euro area, Economic Change and Restructuring, Springer (2023) (2023)
55. Twin deficits revisited: A role for fiscal institutions?
    Post-Print, HAL View citations (14)
    Also in Working Papers REM, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa (2018) View citations (13)
    See also Journal Article Twin deficits revisited: A role for fiscal institutions?, Journal of International Money and Finance, Elsevier (2022) View citations (14) (2022)
56. Unconventional Monetary Policy in the Euro Area. Impacts on Loans, Employment, and Investment
    CESifo Working Paper Series, CESifo
    Also in Working Papers REM, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa (2022)
    See also Journal Article Unconventional monetary policy in the Euro area: Impacts on loans, employment, and investment, International Journal of Finance & Economics, John Wiley & Sons, Ltd. (2025) (2025)

2021

57. (Non-) Keynesian Effects of Fiscal Austerity: New Evidence from a large sample
    Working Papers REM, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa View citations (3)
    Also in EconPol Working Paper, ifo Institute - Leibniz Institute for Economic Research at the University of Munich (2021) View citations (3)
    See also Journal Article The (non-)Keynesian effects of fiscal austerity: New evidence from a large sample, Economic Systems, Elsevier (2022) View citations (10) (2022)
58. 60%, -4% And 6%, a Tale of Thresholds for EU Fiscal and Current Account Developments
    EconPol Working Paper, ifo Institute - Leibniz Institute for Economic Research at the University of Munich
    Also in Working Papers REM, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa (2021)
    Working Papers, International Network for Economic Research - INFER (2021)
59. Corruption and Economic Growth: Does the Size of the Government Matter?
    EconPol Working Paper, ifo Institute - Leibniz Institute for Economic Research at the University of Munich View citations (2)
    Also in Working Papers REM, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa (2021) View citations (2)
    See also Journal Article Corruption and economic growth: does the size of the government matter?, Economic Change and Restructuring, Springer (2022) View citations (4) (2022)
60. Current Account Targeting Hypothesis versus Twin Deficit Hypothesis: The EMU Experience of Portugal
    EconPol Working Paper, ifo Institute - Leibniz Institute for Economic Research at the University of Munich
    Also in Working Papers REM, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa (2021)
61. Do Financial Markets Reward Government Spending Efficiency?
    Working Papers REM, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa
    Also in Working Papers, International Network for Economic Research - INFER (2021)
    EconPol Working Paper, ifo Institute - Leibniz Institute for Economic Research at the University of Munich (2021)
    See also Journal Article Do financial markets reward government spending efficiency?, Journal of International Financial Markets, Institutions and Money, Elsevier (2022) View citations (18) (2022)
62. Does the Introduction of Stock Exchange Markets BoostEconomic Growth in African Countries?
    Working Papers REM, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa
    See also Journal Article Does the introduction of stock exchange markets boost economic growth in African countries?, Journal of Comparative Economics, Elsevier (2022) (2022)
63. Euro area time-varying cyclicality of fiscal policy
    Working Papers REM, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa
64. Fiscal and Current Account Imbalances: The Cases of Germany and Portugal
    EconPol Working Paper, ifo Institute - Leibniz Institute for Economic Research at the University of Munich
    Also in Working Papers REM, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa (2021)
    Working Papers, International Network for Economic Research - INFER (2021)
65. International Transmission of Interest Rates: The Role of International Reserves and Sovereign Debt
    EconPol Working Paper, ifo Institute - Leibniz Institute for Economic Research at the University of Munich
    Also in Working Papers REM, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa (2021)
66. The Role of Fiscal Policies for External Imbalances: Evidence from the European Union
    Working Papers REM, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa View citations (3)
    Also in EconPol Working Paper, ifo Institute - Leibniz Institute for Economic Research at the University of Munich (2021) View citations (2)
    See also Journal Article The role of fiscal policies for external imbalances: Evidence from the European Union, Economic Systems, Elsevier (2022) View citations (5) (2022)
67. Unemployment and financial development: evidence for OECD countries
    Working Papers REM, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa
    See also Journal Article Unemployment and Financial Development: Evidence for OECD Countries, Comparative Economic Studies, Palgrave Macmillan (2024) (2024)

2020

68. Government Spending Efficiency, Measurement and Applications: a CrossCountry Efficiency Dataset
    EconPol Working Paper, ifo Institute - Leibniz Institute for Economic Research at the University of Munich View citations (5)
    Also in Working Papers REM, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa (2020) View citations (2)
    See also Chapter Government spending efficiency, measurement and applications: A cross-country efficiency dataset, Chapters, Edward Elgar Publishing (2023) View citations (1) (2023)
69. Labor Productivity in State-Owned Enterprises
    EconPol Working Paper, ifo Institute - Leibniz Institute for Economic Research at the University of Munich
    Also in Working Papers REM, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa (2020)
    See also Journal Article Labour Productivity in State-Owned Enterprises, Comparative Economic Studies, Palgrave Macmillan (2021) (2021)
70. PUBLIC DEBT AND ECONOMIC GROWTH IN BRAZIL
    Working Papers REM, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa
71. Portugal’s GDP, a Note on the 2020 Unknowns
    EconPol Policy Brief, ifo Institute - Leibniz Institute for Economic Research at the University of Munich
72. Sovereign Debt Crisis in Portugal and Spain
    EconPol Working Paper, ifo Institute - Leibniz Institute for Economic Research at the University of Munich
    Also in Working Papers REM, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa (2019) View citations (1)
73. Structural Tax Reforms and Public Spending Efficiency
    EconPol Working Paper, ifo Institute - Leibniz Institute for Economic Research at the University of Munich View citations (5)
    Also in Working Papers REM, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa (2020) View citations (5)
    See also Journal Article Structural Tax Reforms and Public Spending Efficiency, Open Economies Review, Springer (2021) View citations (12) (2021)
74. The Interplay between Monetary and Fiscal Policies in the EU
    Working Papers REM, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa
75. The Size of Government
    EconPol Working Paper, ifo Institute - Leibniz Institute for Economic Research at the University of Munich View citations (9)
    Also in Working Papers REM, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa (2020) View citations (12)
    See also Chapter The size of government, Chapters, Edward Elgar Publishing (2023) View citations (1) (2023)

2019

76. Fiscal Episodes in the EMU: Elasticities and Non-Keynesian Effects
    EconPol Working Paper, ifo Institute - Leibniz Institute for Economic Research at the University of Munich View citations (1)
    Also in Working Papers REM, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa (2019) View citations (1)
77. How “Big” Should Government Be?
    Working Papers REM, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa
    Also in EconPol Working Paper, ifo Institute - Leibniz Institute for Economic Research at the University of Munich (2019)
78. Local territorial reform and regional spending efficiency
    Working Papers REM, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa View citations (2)
    See also Journal Article Local territorial reform and regional spending efficiency, Local Government Studies, Taylor & Francis Journals (2020) View citations (3) (2020)
79. Long-run relationship between exports and imports: current account sustainability tests for the EU
    Working Papers REM, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa View citations (2)
    Also in Post-Print, HAL (2019) View citations (1)
    See also Journal Article Long-run relationship between exports and imports: current account sustainability tests for the EU, Portuguese Economic Journal, Springer (2020) View citations (2) (2020)
80. Sovereign Indebtedness and Financial and Fiscal Conditions
    Working Papers REM, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa
    See also Journal Article Sovereign indebtedness and financial and fiscal conditions, Applied Economics Letters, Taylor & Francis Journals (2020) (2020)
81. Sovereign Ratings and Finance Ministers’ Characteristics
    Working Papers REM, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa
    See also Journal Article Sovereign Ratings and Finance Ministers' Characteristics, Economics Bulletin, AccessEcon (2019) (2019)
82. Stock Flow Adjustments in Sovereign Debt Dynamics: The Role of Fiscal Frameworks
    Working Papers REM, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa
    See also Journal Article Stock flow adjustments in sovereign debt dynamics: The role of fiscal frameworks, International Review of Economics & Finance, Elsevier (2020) View citations (9) (2020)
83. Stock flow adjustments in sovereign debt dynamics: the role of fiscal frameworks
    EconPol Working Paper, ifo Institute - Leibniz Institute for Economic Research at the University of Munich
84. Taxation and Public Spending Efficiency: An International Comparison
    Working Papers REM, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa View citations (9)
    Also in EconPol Working Paper, ifo Institute - Leibniz Institute for Economic Research at the University of Munich (2019) View citations (9)
    See also Journal Article Taxation and Public Spending Efficiency: An International Comparison, Comparative Economic Studies, Palgrave Macmillan (2021) View citations (24) (2021)
85. The Effects of Macroeconomic, Fiscal and Monetary Policy Announcements on Sovereign Bond Spreads: An Event Study from the EMU
    Working Papers REM, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa View citations (5)
    Also in EconPol Working Paper, ifo Institute - Leibniz Institute for Economic Research at the University of Munich (2019) View citations (5)
86. The Transmission of Unconventional Monetary Policy to Bank Credit Supply: Evidence from the TLTRO
    Working Papers REM, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa View citations (10)
    Also in Working Papers, Banco de Portugal, Economics and Research Department (2019) View citations (12)
    See also Journal Article The transmission of unconventional monetary policy to bank credit supply: Evidence from the TLTRO, Manchester School, University of Manchester (2020) View citations (23) (2020)

2018

87. Assessing the sustainability of external imbalances in the European Union
    Post-Print, HAL View citations (1)
    Also in Working Papers Department of Economics, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa (2017) View citations (1)
    Working Papers REM, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa (2017)
    See also Journal Article Assessing the sustainability of external imbalances in the European Union, The World Economy, Wiley Blackwell (2019) View citations (24) (2019)
88. DECOMPOSING AND ANALYSING THE DETERMINANTS OF CURRENT ACCOUNTS’ CYCLICALITY: EVIDENCE FROM THE EURO AREA
    Working Papers REM, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa View citations (3)
    See also Journal Article Decomposing and Analysing the Determinants of Current Accounts’ Cyclicality: Evidence from the Euro Area, Open Economies Review, Springer (2019) View citations (3) (2019)
89. Financial Development and Economic Growth: A Study for OECD Countries in the Context of Crisis
    Working Papers REM, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa View citations (7)
90. Fiscal Multipliers in the Eurozone: A SVAR Analysis
    Working Papers REM, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa View citations (5)
    See also Journal Article Fiscal multipliers in the Eurozone: an SVAR analysis, Applied Economics, Taylor & Francis Journals (2019) View citations (22) (2019)
91. Government Size, Unemployment, and Inflation Nexus in Eight Large Emerging Market Economies
    Working Papers REM, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa View citations (3)
    See also Journal Article Government Size, Unemployment and Inflation Nexus in Eight Large Emerging Market Economies, Hacienda Pública Española / Review of Public Economics, IEF (2021) (2021)
92. Optimal Tax Structure for Consumption and Income Inequality:an Empirical Assessment
    Working Papers REM, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa
93. Sovereign Bond Yields Spreads Spillovers in the EMU
    Working Papers REM, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa
94. The Macroeconomic Effects of Public Debt: An Empirical Analysis of Mozambique
    Working Papers REM, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa View citations (6)
    See also Journal Article The macroeconomic effects of public debt: an empirical analysis of Mozambique, Applied Economics, Taylor & Francis Journals (2020) View citations (4) (2020)
95. The Policy Mix in the US and EMU: Evidence from a SVAR Analysis
    Working Papers REM, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa
    See also Journal Article The policy mix in the US and EMU: Evidence from a SVAR analysis, The North American Journal of Economics and Finance, Elsevier (2020) View citations (7) (2020)
96. The Relationship between Fiscal and Current Account Imbalances in OECD Economies
    Working Papers REM, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa

2017

97. "Whatever it takes" to Resolve the European Sovereign Debt Crisis? Bond Pricing Regime Switches and Monetary Policy Effects
    CESifo Working Paper Series, CESifo View citations (2)
    Also in Working Papers REM, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa (2017) View citations (2)
    Essex Finance Centre Working Papers, University of Essex, Essex Business School (2017) View citations (2)
    Cardiff Economics Working Papers, Cardiff University, Cardiff Business School, Economics Section (2017) View citations (3)
    See also Journal Article “Whatever it takes” to resolve the European sovereign debt crisis? Bond pricing regime switches and monetary policy effects, Journal of International Money and Finance, Elsevier (2018) View citations (52) (2018)
98. Debt crisis and 10-year sovereign yields in Ireland and in Portugal
    Working Papers Department of Economics, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa View citations (4)
    See also Journal Article Debt crisis and 10-year sovereign yields in Ireland and in Portugal, Applied Economics Letters, Taylor & Francis Journals (2018) View citations (1) (2018)
99. Do Fiscal Rules Lower Government Financing Costs?
    Working Papers REM, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa View citations (1)
100. Effects of euro area monetary policy on institutional sectors: the case of Portugal
     Working Papers Department of Economics, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa View citations (2)
     See also Journal Article Effects of euro area monetary policy on institutional sectors: the case of Portugal, Cuadernos de Economía - Spanish Journal of Economics and Finance, Asociación Cuadernos de Economía (2019) (2019)
101. Euro area sovereign yields and the power of QE
     Working Papers Department of Economics, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa
102. Exchange-traded Funds as an Alternative Investment Option: a Case Study
     Working Papers REM, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa
103. Fiscal Activism and Price Volatility: Evidence from Advanced and Emerging Economies
     Working Papers Department of Economics, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa View citations (2)
104. Fiscal Reaction Functions Across the World: A Battle of Statistical (In-) Significance
     Working Papers REM, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa
105. Fiscal Sustainability Analysis: The Case of PALOP Economies
     Working Papers Department of Economics, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa
106. Quantitative Easing and Sovereign Yield Spreads: Euro-Area Time-Varying Evidence
     Working Papers REM, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa View citations (1)
     See also Journal Article Quantitative easing and sovereign yield spreads: Euro-area time-varying evidence, Journal of International Financial Markets, Institutions and Money, Elsevier (2019) View citations (37) (2019)
107. Sovereign Credit Rating Mismatches
     Working Papers Department of Economics, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa
     See also Journal Article Sovereign Credit Rating Mismatches, Notas Económicas, Faculty of Economics, University of Coimbra (2018) (2018)
108. Sovereign Debt Effects and Composition: Evidence from Time-Varying Estimates
     Working Papers Department of Economics, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa View citations (5)
109. Sovereign yield spreads in the EMU: crisis and structural determinants
     Working Papers Department of Economics, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa View citations (2)
110. Stock-Flow Adjustments and Interest Rates
     Working Papers Department of Economics, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa

2016

111. Assessing Public Spending Efficiency in 20 OECD Countries
     Working Papers Department of Economics, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa View citations (22)
     See also Chapter Assessing Public Spending Efficiency in 20 OECD Countries, Dynamic Modeling and Econometrics in Economics and Finance, Springer (2017) View citations (22) (2017)
112. Budgetary Decomposition and Yield Spreads
     Working Papers Department of Economics, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa
     See also Journal Article Budgetary decomposition and yield spreads, Applied Economics Letters, Taylor & Francis Journals (2016) (2016)
113. Current account balance cyclicality
     Working Papers Department of Economics, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa View citations (2)
     See also Journal Article Current account balance cyclicality, Applied Economics Letters, Taylor & Francis Journals (2017) View citations (5) (2017)
114. Determinants of non-resident government debt ownership
     Working Papers Department of Economics, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa View citations (1)
     See also Journal Article Determinants of nonresident government debt ownership, Applied Economics Letters, Taylor & Francis Journals (2017) View citations (3) (2017)
115. Economic Growth and Public and Private Investment Returns
     Working Papers Department of Economics, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa View citations (2)
116. Economic Volatility and Sovereign Yields’ Determinants: a Time-Varying Approach
     Working Papers Department of Economics, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa View citations (10)
     See also Journal Article Economic volatility and sovereign yields’ determinants: a time-varying approach, Empirical Economics, Springer (2020) View citations (15) (2020)
117. Euro Area Sovereign Debt Crisis and Debt Mutualisation
     Working Papers Department of Economics, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa View citations (1)
118. Is the supply of long-term debt independent of the term premia? Evidence from Portugal
     Working Papers Department of Economics, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa
119. Monetary Developments and Expansionary Fiscal Consolidations: Evidence from the EMU
     Working Papers, Banco de Portugal, Economics and Research Department View citations (12)
     Also in Working Papers Department of Economics, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa (2014)
     See also Journal Article Monetary Developments and Expansionary Fiscal Consolidations: Evidence from the EMU, International Journal of Finance & Economics, John Wiley & Sons, Ltd. (2016) View citations (11) (2016)
120. Reconsidering Wagner's Law: evidence from the functions of the government
     Working Papers Department of Economics, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa View citations (7)
     See also Journal Article Reconsidering Wagner’s law: evidence from the functions of the government, Applied Economics Letters, Taylor & Francis Journals (2017) View citations (20) (2017)
121. Revisiting Sovereign Bond Spreads’Determinants in the EMU
     Working Papers Department of Economics, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa
122. The Fiscal Consequences of Deflation: Evidence from the Golden Age of Globalization
     Working Papers Department of Economics, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa View citations (1)
     See also Journal Article The Fiscal consequences of deflation: Evidence from the Golden Age of Globalization, The Quarterly Review of Economics and Finance, Elsevier (2019) View citations (12) (2019)

2015

123. Euro Area Time Varying Fiscal Sustainability
     Working Papers Department of Economics, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa View citations (2)
     See also Journal Article Euro area time‐varying fiscal sustainability, International Journal of Finance & Economics, John Wiley & Sons, Ltd. (2017) View citations (16) (2017)
124. Fiscal Episodes, Technological Progress and Market Power
     Working Papers Department of Economics, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa
125. Fiscal Sustainability: A Panel Assessment for Advanced Economies
     Working Papers Department of Economics, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa View citations (21)
     See also Journal Article Fiscal sustainability: a panel assessment for advanced economies, Applied Economics Letters, Taylor & Francis Journals (2015) View citations (21) (2015)
126. Markups’ Cyclical Behavior: The role of Demand and Supply Shocks
     Working Papers Department of Economics, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa View citations (1)
     See also Journal Article Markups' cyclical behaviour: the role of demand and supply shocks, Applied Economics Letters, Taylor & Francis Journals (2016) (2016)
127. The Price Relevance of Fiscal Developments
     Working Papers Department of Economics, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa View citations (1)
     See also Journal Article The Price Relevance of Fiscal Developments, International Economic Journal, Taylor & Francis Journals (2017) View citations (2) (2017)
128. The determinants of sovereign bond yield spreads in the EMU
     Working Paper Series, European Central Bank View citations (42)
     Also in Working Papers Department of Economics, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa (2012) View citations (51)
     Working Papers, Business School - Economics, University of Glasgow (2012) View citations (46)
     SIRE Discussion Papers, Scottish Institute for Research in Economics (SIRE) (2012) View citations (48)
129. The macro impact of the Portuguese Constitutional Court decisions regarding the budgetary proposals of the Portuguese Budget Law (2012, 2013, 2014)
     Working Papers Department of Economics, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa

2014

130. Causalilty for the government budget and economic growth
     Working Papers Department of Economics, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa View citations (15)
     See also Journal Article Causality for the government budget and economic growth, Applied Economics Letters, Taylor & Francis Journals (2014) View citations (15) (2014)
131. Contagion in EU Sovereign Yield Spreads
     Working Papers Department of Economics, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa View citations (3)
132. EU Finance Ministers, Capital Markets and Fiscal Outcomes
     Working Papers Department of Economics, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa View citations (2)
133. Interactions between Monetary Policy and Fiscal Policy
     Working Papers Department of Economics, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa View citations (2)
134. Revenue Forecast Errors in the European Union
     Working Papers Department of Economics, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa
135. Sovereign credit ratings, market volatility, and financial gains
     Working Paper Series, European Central Bank View citations (26)
     Also in Working Papers Department of Economics, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa (2014) View citations (25)
     See also Journal Article Sovereign credit ratings, market volatility, and financial gains, Computational Statistics & Data Analysis, Elsevier (2014) View citations (26) (2014)
136. The Monetary Transmission Mechanism in the Euro Area: has it changed with the EMU? A VAR approach, with fiscal policy and financial stress considerations
     Working Papers Department of Economics, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa View citations (1)
137. The Role of Government Debt in Economic Growth
     Working Papers Department of Economics, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa View citations (21)
     See also Journal Article The Role of Government Debt in Economic Growth, Hacienda Pública Española / Review of Public Economics, IEF (2015) View citations (29) (2015)
138. The relevance of fiscal rules for fiscal and yield developments
     Working Papers Department of Economics, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa View citations (3)

2013

139. Anatomy of a fiscal débacle: the case of Portugal
     Working Papers Department of Economics, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa View citations (2)
140. Assessing productivity performance of basic and secondary education in Tunisia: a Malmquist analysis
     Working Papers Department of Economics, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa View citations (1)
141. Assessment of efficiency in basic and secondary education in Tunisia, a regional analysis
     Working Papers Department of Economics, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa View citations (4)
     See also Journal Article Assessment of efficiency in basic and secondary education in Tunisia: A regional analysis, International Journal of Educational Development, Elsevier (2016) View citations (11) (2016)
142. Economic forecasts and sovereign yields
     Working Papers Department of Economics, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa View citations (3)
     See also Journal Article Economic forecasts and sovereign yields, Economic Modelling, Elsevier (2015) View citations (17) (2015)
143. Fiscal composition and long-term growth
     Working Paper Series, European Central Bank View citations (16)
     See also Journal Article Fiscal composition and long-term growth, Applied Economics, Taylor & Francis Journals (2014) View citations (52) (2014)
144. Fiscal regimes in the EU
     Working Papers of Department of Economics, Leuven, KU Leuven, Faculty of Economics and Business (FEB), Department of Economics, Leuven View citations (7)
     Also in Working Papers Department of Economics, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa (2013) View citations (12)
     Working Paper Series, European Central Bank (2013) View citations (13)
145. On the time-varying relationship between EMU sovereign spreads and their determinants
     Working Papers Department of Economics, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa View citations (2)
     Also in SIRE Discussion Papers, Scottish Institute for Research in Economics (SIRE) (2013) View citations (3)
     Working Papers, Business School - Economics, University of Glasgow (2013) View citations (2)
     See also Journal Article On the time-varying relationship between EMU sovereign spreads and their determinants, Economic Modelling, Elsevier (2015) View citations (41) (2015)
146. Public sector efficiency: evidence for Latin America
     Working Papers Department of Economics, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa View citations (42)
147. The relevance of commuting zones for regional spending efficiency
     Working Papers Department of Economics, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa View citations (2)
     See also Journal Article The relevance of commuting zones for regional spending efficiency, Applied Economics, Taylor & Francis Journals (2016) View citations (8) (2016)

2012

148. Do fiscal rules matter for growth?
     Working Papers Department of Economics, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa View citations (7)
     See also Journal Article Do fiscal rules matter for growth?, Applied Economics Letters, Taylor & Francis Journals (2013) View citations (24) (2013)
149. Fiscal Volatility, Financial Crises and Growth
     Working Papers Department of Economics, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa View citations (27)
     See also Journal Article Fiscal volatility, financial crises and growth, Applied Economics Letters, Taylor & Francis Journals (2012) View citations (28) (2012)
150. Revisiting fiscal sustainability: panel cointegration and structural breaks in OECD countries
     Working Papers Department of Economics, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa View citations (28)
     Also in Working Paper Series, European Central Bank (2012) View citations (28)
151. The Fiscal Forecasting Track Record of the European Commission and Portugal
     Working Papers Department of Economics, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa View citations (6)
152. The Fiscal-Growth Nexus
     Working Papers Department of Economics, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa
153. The cyclicality of education, health, and social security government spending
     Working Papers Department of Economics, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa View citations (2)
     See also Journal Article The cyclicality of education, health, and social security government spending, Applied Economics Letters, Taylor & Francis Journals (2013) View citations (17) (2013)

2011

154. A Longer-run Perspective on Fiscal Sustainability
     Working Papers Department of Economics, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa View citations (8)
     See also Journal Article A longer-run perspective on fiscal sustainability, Empirica, Springer (2014) View citations (31) (2014)
155. Appraising fiscal reaction functions
     Working Papers Department of Economics, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa View citations (16)
     See also Journal Article Appraising fiscal reaction functions, Economics Bulletin, AccessEcon (2011) View citations (21) (2011)
156. Assessing fiscal episodes
     Working Papers Department of Economics, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa View citations (3)
     See also Journal Article Assessing fiscal episodes, Economic Modelling, Elsevier (2014) View citations (25) (2014)
157. Consumption, Wealth, Stock and Government Bond Returns: International Evidence
     Working Papers Department of Economics, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa View citations (24)
     Also in NIPE Working Papers, NIPE - Universidade do Minho (2011) View citations (24)
     See also Journal Article CONSUMPTION, WEALTH, STOCK AND GOVERNMENT BOND RETURNS: INTERNATIONAL EVIDENCE, Manchester School, University of Manchester (2011) View citations (24) (2011)
158. Economic Performance and Government Size
     Working Papers Department of Economics, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa View citations (21)
     Also in Working Paper Series, European Central Bank (2011) View citations (47)
159. Fiscal developments and financial stress: a threshold VAR analysis
     Working Papers IES, Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies View citations (70)
     Also in Working Papers Department of Economics, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa (2011) View citations (70)
     Working Paper Series, European Central Bank (2011) View citations (63)
     See also Journal Article Fiscal developments and financial stress: a threshold VAR analysis, Empirical Economics, Springer (2018) View citations (45) (2018)
160. Growth and Productivity: the role of Government Debt
     Working Papers Department of Economics, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa View citations (18)
     See also Journal Article Growth and productivity: The role of government debt, International Review of Economics & Finance, Elsevier (2013) View citations (134) (2013)
161. Linking Investment and Fiscal Policies
     Working Papers Department of Economics, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa View citations (2)
162. Measuring the Success of Fiscal Consolidations
     Working Papers Department of Economics, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa View citations (1)
     See also Journal Article Measuring the success of fiscal consolidations, Applied Financial Economics, Taylor & Francis Journals (2012) View citations (25) (2012)
163. Sovereign credit ratings and financial markets linkages: application to European data
     Working Papers Department of Economics, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa View citations (51)
     Also in Working Paper Series, European Central Bank (2011) View citations (37)
     See also Journal Article Sovereign credit ratings and financial markets linkages: Application to European data, Journal of International Money and Finance, Elsevier (2012) View citations (246) (2012)

2010

164. Budgetary and External Imbalances Relationship: a Panel Data Diagnostic
     LEO Working Papers / DR LEO, Orleans Economics Laboratory / Laboratoire d'Economie d'Orleans (LEO), University of Orleans View citations (3)
     Also in Working Paper Series, European Central Bank (2008) View citations (19)
     CESifo Working Paper Series, CESifo (2009) View citations (12)
     Post-Print, HAL (2008) View citations (11)
     Working Papers Department of Economics, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa (2008) View citations (13)
165. Do fiscal imbalances deteriorate sovereign debt ratings?
     Working Papers Department of Economics, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa View citations (4)
     See also Journal Article Do Fiscal Imbalances Deteriorate Sovereign Debt Ratings ?, Revue économique, Presses de Sciences-Po (2011) View citations (8) (2011)
166. Euro area fiscal policies and the crisis
     Occasional Paper Series, European Central Bank View citations (47)
167. Fiscal Policy and Growth: Do Financial Crises make a Difference?
     Working Papers Department of Economics, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa View citations (23)
     Also in Working Paper Series, European Central Bank (2010) View citations (17)
168. Fiscal Policy, Housing and Stock Prices
     EcoMod2010, EcoMod View citations (1)
     Also in NIPE Working Papers, NIPE - Universidade do Minho (2008) View citations (11)
     Working Papers Department of Economics, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa (2008) View citations (8)
     Working Paper Series, European Central Bank (2009) View citations (14)
169. Interactions between Private and Public Sector Wages
     IZA Discussion Papers, Institute of Labor Economics (IZA) View citations (7)
     Also in Working Papers Department of Economics, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa (2008) View citations (20)
     Working Paper Series, European Central Bank (2008) View citations (31)
     See also Journal Article Interactions between private and public sector wages, Journal of Macroeconomics, Elsevier (2014) View citations (49) (2014)
170. Level, Slope, Curvature of Sovereign Yield Curve and Fiscal Behaviour
     Working Papers Department of Economics, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa View citations (10)
     Also in Working Paper Series, European Central Bank (2010) View citations (6)
     See also Journal Article Level, slope, curvature of the sovereign yield curve, and fiscal behaviour, Journal of Banking & Finance, Elsevier (2012) View citations (46) (2012)
171. Long-run Determinants of Sovereign Yields
     CESifo Working Paper Series, CESifo View citations (6)
     Also in Working Papers Department of Economics, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa (2010) View citations (5)
     See also Journal Article Long-run Determinants of Sovereign Yields, Economics Bulletin, AccessEcon (2011) View citations (10) (2011)
172. Market Power and Fiscal Policy in OECD Countries
     Working Papers Department of Economics, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa View citations (7)
     Also in EcoMod2010, EcoMod (2010) View citations (3)
     Working Paper Series, European Central Bank (2010) View citations (4)
     See also Journal Article Market power and fiscal policy in OECD countries, Applied Economics, Taylor & Francis Journals (2013) View citations (10) (2013)
173. Public and Private Inputs in Aggregate Production and Growth: A Cross-country Efficiency Approach
     Working Papers Department of Economics, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa View citations (7)
     Also in EcoMod2010, EcoMod (2010) View citations (7)
     Working Paper Series, European Central Bank (2010) View citations (8)
     See also Journal Article Public and private inputs in aggregate production and growth: a cross-country efficiency approach, Applied Economics, Taylor & Francis Journals (2013) View citations (11) (2013)
174. Revisiting business cycle synchronisation in the European Union
     Working Papers Department of Economics, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa View citations (11)
175. Short and Long-run Behaviour of Long-term Sovereign Bond Yields
     CESifo Working Paper Series, CESifo View citations (10)
     Also in Working Papers Department of Economics, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa (2010) View citations (4)
     See also Journal Article Short- and long-run behaviour of long-term sovereign bond yields, Applied Economics, Taylor & Francis Journals (2015) View citations (16) (2015)

2009

176. 3-Step Analysis of Public Finances Sustainability: the Case of the European Union
     LEO Working Papers / DR LEO, Orleans Economics Laboratory / Laboratoire d'Economie d'Orleans (LEO), University of Orleans View citations (2)
     Also in Working Papers, HAL (2008) View citations (13)
     Working Papers Department of Economics, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa (2008) View citations (10)
     Post-Print, HAL (2008) View citations (10)
     Working Paper Series, European Central Bank (2008) View citations (13)
     CESifo Working Paper Series, CESifo (2008) View citations (11)
     Post-Print, HAL (2008) View citations (10)
177. Assessing Long-Term Fiscal Developments: Evidence from Portugal
     Working Papers Department of Economics, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa View citations (2)
     Also in NIPE Working Papers, NIPE - Universidade do Minho (2009) View citations (2)
     See also Journal Article Assessing long-term fiscal developments: evidence from Portugal, Applied Economics Letters, Taylor & Francis Journals (2011) View citations (4) (2011)
178. Assessing Long-Term Fiscal Developments: a New Approach
     NIPE Working Papers, NIPE - Universidade do Minho View citations (13)
     Also in Working Papers Department of Economics, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa (2009) View citations (7)
     Working Paper Series, European Central Bank (2009) View citations (9)
     See also Journal Article Assessing long-term fiscal developments: A new approach, Journal of International Money and Finance, Elsevier (2011) View citations (16) (2011)
179. Bootstrap Panel Granger-Causality Between Government Budget and External Deficits for the EU
     Working Papers Department of Economics, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa View citations (18)
     Also in CESifo Working Paper Series, CESifo (2009) View citations (18)
     See also Journal Article Bootstrap panel granger-causality between government budget and external deficits for the EU, Economics Bulletin, AccessEcon (2009) View citations (17) (2009)
180. Bootstrap panel Granger-causality between government spending and revenue in the EU
     William Davidson Institute Working Papers Series, William Davidson Institute at the University of Michigan View citations (26)
181. Fiscal Behaviour in the European Union: Rules, Fiscal Decentralization and Government Indebtedness
     Working Papers Department of Economics, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa View citations (66)
     Also in Working Paper Series, European Central Bank (2009) View citations (70)
182. Fiscal Regime Shifts in Portugal
     NIPE Working Papers, NIPE - Universidade do Minho View citations (6)
     Also in IREA Working Papers, University of Barcelona, Research Institute of Applied Economics (2009) View citations (37)
     Working Papers Department of Economics, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa (2009) View citations (5)
     See also Journal Article Fiscal regime shifts in Portugal, Portuguese Economic Journal, Springer (2011) View citations (24) (2011)
183. Long-term Government Bond Yields and Economic Forecasts: Evidence for the EU
     Working Papers Department of Economics, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa View citations (2)
     See also Journal Article Long-term government bond yields and economic forecasts: evidence for the EU, Applied Economics Letters, Taylor & Francis Journals (2010) View citations (25) (2010)
184. Spend-and-tax: A Panel Data Investigation for the EU
     CESifo Working Paper Series, CESifo View citations (21)
     See also Journal Article Spend-and-tax: a panel data investigation for the EU, Economics Bulletin, AccessEcon (2009) View citations (21) (2009)
185. The Macroeconomic Effects of Fiscal Policy in Portugal: a Bayesian SVAR Analysis
     Working Papers Department of Economics, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa View citations (40)
     Also in NIPE Working Papers, NIPE - Universidade do Minho (2009) View citations (42)
     See also Journal Article The macroeconomic effects of fiscal policy in Portugal: a Bayesian SVAR analysis, Portuguese Economic Journal, Springer (2011) View citations (39) (2011)
186. The macroeconomic effects of fiscal policy
     Working Paper Series, European Central Bank View citations (107)
     Also in Working Papers Department of Economics, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa (2008) View citations (29)
     NIPE Working Papers, NIPE - Universidade do Minho (2008) View citations (62)
     See also Journal Article The macroeconomic effects of fiscal policy, Applied Economics, Taylor & Francis Journals (2012) View citations (101) (2012)

2008

187. Assessing Hospital Efficiency: Non-parametric Evidence for Portugal
     Working Papers Department of Economics, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa View citations (12)
188. Bootstrap Panel Granger-Causality Between Government Spending and Revenue
     Working Papers Department of Economics, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa View citations (3)
189. Economic growth and budgetary components: a panel assessment for the EU
     Working Paper Series, European Central Bank View citations (38)
     Also in Working Papers Department of Economics, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa (2007) View citations (6)
     See also Journal Article Economic growth and budgetary components: a panel assessment for the EU, Empirical Economics, Springer (2011) View citations (57) (2011)
190. Euler Testing Ricardo and Barro in the EUs
     Working Papers Department of Economics, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa View citations (7)
     See also Journal Article Euler testing Ricardo and Barro in the EU, Economics Bulletin, AccessEcon (2008) View citations (5) (2008)
191. Fiscal Policy Responiveness, Persistence and Discretion
     Working Papers Department of Economics, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa View citations (4)
     Also in Working Paper Series, European Central Bank (2008) View citations (21)
     OECD Economics Department Working Papers, OECD Publishing (2008) View citations (15)
     See also Journal Article Fiscal policy responsiveness, persistence, and discretion, Public Choice, Springer (2010) View citations (92) (2010)
192. Government Size, Composition, Volatility and Economic Growth
     Working Papers Department of Economics, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa View citations (51)
     Also in Working Paper Series, European Central Bank (2008) View citations (59)
     See also Journal Article Government size, composition, volatility and economic growth, European Journal of Political Economy, Elsevier (2010) View citations (236) (2010)
193. Income Distribution Determinants and Public Spending Efficiency
     Working Papers Department of Economics, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa View citations (42)
     Also in Working Paper Series, European Central Bank (2008) View citations (39)
     See also Journal Article Income distribution determinants and public spending efficiency, The Journal of Economic Inequality, Springer (2010) View citations (78) (2010)
194. Macroeconomic Rates of Return of Public and Private Investment: Crowding-in and Crowding-out Effects
     Working Papers Department of Economics, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa View citations (57)
     Also in Working Paper Series, European Central Bank (2008) View citations (51)
     EcoMod2007, EcoMod (2007) View citations (4)
     See also Journal Article MACROECONOMIC RATES OF RETURN OF PUBLIC AND PRIVATE INVESTMENT: CROWDING‐IN AND CROWDING‐OUT EFFECTS, Manchester School, University of Manchester (2009) View citations (66) (2009)
195. Should we Care for Structural Breaks When Assessing Fiscal Sustainability?
     Working Papers Department of Economics, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa View citations (7)
     Also in Post-Print, HAL (2007) View citations (7)
     Post-Print, HAL (2007) View citations (7)
     William Davidson Institute Working Papers Series, William Davidson Institute at the University of Michigan (2008) View citations (1)
     See also Journal Article Should we care for structural breaks when assessing fiscal sustainability?, Economics Bulletin, AccessEcon (2007) View citations (8) (2007)
196. What do we Really Know About Fiscal Sustainability in the EU? A Panel Data Diagnostic
     EcoMod2008, EcoMod View citations (8)
     Also in Working Paper Series, European Central Bank (2007) View citations (36)
     Post-Print, HAL (2008) View citations (5)
     Working Papers, HAL (2007) View citations (32)
     Post-Print, HAL (2008) View citations (5)
     CESifo Working Paper Series, CESifo (2008) View citations (34)
     LEO Working Papers / DR LEO, Orleans Economics Laboratory / Laboratoire d'Economie d'Orleans (LEO), University of Orleans (2008) View citations (5)
     Post-Print, HAL (2008) View citations (8)
     Post-Print, HAL (2008) View citations (5)
     Working Papers Department of Economics, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa (2007) View citations (30)
     See also Journal Article What do we really know about fiscal sustainability in the EU? A panel data diagnostic, Review of World Economics (Weltwirtschaftliches Archiv), Springer (2010) View citations (83) (2010)

2007

197. An avenue for expansionary fiscal contractions
     MPRA Paper, University Library of Munich, Germany
198. Business Cycle Synchronization and Insurance Mechanisms in the EU
     Working Papers Department of Economics, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa View citations (14)
     Also in Working Paper Series, European Central Bank (2007) View citations (15)
199. Expansionary fiscal consolidations in Europe: part of conventional wisdom?
     Money Macro and Finance (MMF) Research Group Conference 2006, Money Macro and Finance Research Group
200. Public finances in Portugal: a brief longrun view
     Working Papers Department of Economics, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa View citations (3)
201. Sectoral Business Cycle Synchronization in the European Union
     Working Papers Department of Economics, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa View citations (9)
     See also Journal Article Sectoral Business Cycle Synchronization in the European Union, Economics Bulletin, AccessEcon (2009) View citations (18) (2009)
202. The dynamic behaviour of budget components and output
     Working Paper Series, European Central Bank View citations (12)
     See also Journal Article The dynamic behaviour of budget components and output, Economic Modelling, Elsevier (2008) View citations (23) (2008)
203. What “hides” behind sovereign debt ratings?
     Working Paper Series, European Central Bank View citations (66)
     Also in Working Papers Department of Economics, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa (2006) View citations (16)

2006

204. An Assessment of Telecommunications Regulation Performance in the European Union
     Working Papers Department of Economics, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa View citations (6)
205. Excess burden and the cost of inefficiency in public services provision
     Working Paper Series, European Central Bank View citations (4)
     Also in Working Papers Department of Economics, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa (2006) View citations (2)
     Working Papers, Banco de Portugal, Economics and Research Department (2006) View citations (2)
206. Expansionary fiscal consolidations in Europe: new evidence
     Working Papers Department of Economics, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa View citations (29)
     Also in Working Paper Series, European Central Bank (2006) View citations (28)
     See also Journal Article Expansionary fiscal consolidations in Europe: new evidence, Applied Economics Letters, Taylor & Francis Journals (2010) View citations (68) (2010)
207. Ordered Response Models for Sovereign Debt Ratings
     Working Papers Department of Economics, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa View citations (21)
     See also Journal Article Ordered response models for sovereign debt ratings, Applied Economics Letters, Taylor & Francis Journals (2009) View citations (53) (2009)
208. Public Sector Efficiency: Evidence for New EU Member States and Emerging Markets
     Working Papers Department of Economics, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa View citations (117)
     Also in Working Paper Series, European Central Bank (2006) View citations (109)
     See also Journal Article Public sector efficiency: evidence for new EU member states and emerging markets, Applied Economics, Taylor & Francis Journals (2010) View citations (124) (2010)
209. Relative Efficiency of Health Provision: a DEA Approach with Non-discretionary Inputs
     Working Papers Department of Economics, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa View citations (46)
210. The dynamic behaviour of budget components and output – the cases of France, Germany, Portugal, and Spain
     Working Papers Department of Economics, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa View citations (1)

2005

211. Assessing and Explaining the Relative Efficiency of Local Government: Evidence for Portuguese Municipalities
     Working Papers Department of Economics, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa View citations (5)
212. Cross-country Efficiency of Secondary Education Provision: a Semi-parametric Analysis with Nondiscretionary Inputs
     Working Papers Department of Economics, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa View citations (16)
     Also in Working Paper Series, European Central Bank (2005) View citations (27)
     See also Journal Article Cross-country efficiency of secondary education provision: A semi-parametric analysis with non-discretionary inputs, Economic Modelling, Elsevier (2006) View citations (180) (2006)
213. Fiscal Consolidations in the Central and Eastern European Countries
     Working Papers Department of Economics, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa View citations (14)
     Also in Working Paper Series, European Central Bank (2005) View citations (18)
     See also Journal Article Fiscal Consolidations in the Central and Eastern European Countries, Review of World Economics (Weltwirtschaftliches Archiv), Springer (2006) View citations (28) (2006)
214. Public Services Efficiency Provision in Italian Regions: a Non-Parametric Analysis
     Working Papers Department of Economics, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa View citations (11)
215. Quality of public finances and growth
     Working Paper Series, European Central Bank View citations (44)
216. Ricardian Fiscal Regimes in the European Union
     Working Papers Department of Economics, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa View citations (34)
     Also in Working Paper Series, European Central Bank (2005) View citations (29)
     See also Journal Article Ricardian fiscal regimes in the European Union, Empirica, Springer (2008) View citations (70) (2008)
217. Students and Teachers: A DEA Approach to the Relative Efficiency of Portuguese Public Universities
     Working Papers Department of Economics, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa View citations (7)

2004

218. Fiscal Sustainability: the Unpleasant European Case
     Money Macro and Finance (MMF) Research Group Conference 2004, Money Macro and Finance Research Group View citations (18)
     See also Journal Article Fiscal Sustainability: The Unpleasant European Case, FinanzArchiv: Public Finance Analysis, Mohr Siebeck, Tübingen (2005) View citations (219) (2005)
219. Fiscal policy events and interest rate swap spreads: evidence from the EU
     Working Paper Series, European Central Bank View citations (40)
     See also Journal Article Fiscal policy events and interest rate swap spreads: Evidence from the EU, Journal of International Financial Markets, Institutions and Money, Elsevier (2007) View citations (55) (2007)
220. Non-parametric Approaches to Education and Health Expenditure Efficiency in OECD Countries
     Working Papers Department of Economics, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa View citations (50)
221. Public Tertiary Education Expenditure in Portugal: a Non-Parametric Efficiency Analysis
     Working Papers Department of Economics, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa View citations (2)

2003

222. Efficiency of Local Government Spending: Evidence for the Lisbon Region
     Working Papers Department of Economics, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa View citations (16)
223. Intermediaries, Financial Markets and Growth: Some more International Evidence
     Working Papers Department of Economics, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa View citations (2)
224. Public sector efficiency: an international comparison
     Working Paper Series, European Central Bank View citations (105)
     See also Journal Article Public sector efficiency: An international comparison, Public Choice, Springer (2005) View citations (314) (2005)

2002

225. Disturbing the Fiscal Theory of the Price Level: Can it Fit the EU-15
     Working Papers Department of Economics, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa View citations (11)
     Also in 10th International Conference on Panel Data, Berlin, July 5-6, 2002, International Conferences on Panel Data (2002) View citations (6)
226. Understanding the Determinants of Government Debt Ratings: Evidence for the Two Leading Agencies
     Working Papers Department of Economics, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa View citations (30)

2001

227. Government indebtedness and european consumers behaviour
     Working Papers Department of Economics, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa View citations (1)
228. Non-Keynesian Effects of Fiscal Policy in the EU-15
     Working Papers Department of Economics, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa View citations (32)

2000

229. Fiscal policy sustainability: some unpleasant European evidence
     Working Papers Department of Economics, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa View citations (17)

Journal Articles

2025

1. A dynamic efficiency analysis for tax revenues in OECD countries
   Empirica, 2025, 52, (2), 377-411
2. Consumption patterns of indebted households: unravelling the relevance of fiscal policy
   International Journal of Economic Policy Studies, 2025, 19, (1), 31-57
   See also Working Paper Consumption Patterns of Indebted Households: Unravelling the Relevance of Fiscal Policy, CESifo Working Paper Series (2023) (2023)
3. Determinants of the degree of fiscal sustainability
   International Journal of Finance & Economics, 2025, 30, (2), 1190-1205
   See also Working Paper Determinants of the Degree of Fiscal Sustainability, CESifo Working Paper Series (2023) View citations (4) (2023)
4. Echoes of instability: how geopolitical risks shape government debt holdings
   Economic Change and Restructuring, 2025, 58, (3), 1-28
   See also Working Paper Echoes of Instability: How Geopolitical Risks Shape Government Debt Holdings, CESifo Working Paper Series (2024) (2024)
5. Monetary policy surprises and fiscal sustainability: the case of the Euro Area
   Economic Change and Restructuring, 2025, 58, (3), 1-20
6. Unconventional monetary policy in the Euro area: Impacts on loans, employment, and investment
   International Journal of Finance & Economics, 2025, 30, (1), 190-220
   See also Working Paper Unconventional Monetary Policy in the Euro Area. Impacts on Loans, Employment, and Investment, CESifo Working Paper Series (2022) (2022)

2024

7. A tale of government spending efficiency and trust in the state
   Public Choice, 2024, 200, (1), 89-118 View citations (2)
   See also Working Paper A Tale of Government Spending Efficiency and Trust in the State, CESifo Working Paper Series (2022) (2022)
8. Banks’ portfolio of government debt and sovereign risk: From safe havens to stormy seas
   Finance Research Letters, 2024, 70, (C)
9. Beyond borders: Assessing the influence of Geopolitical tensions on sovereign risk dynamics
   European Journal of Political Economy, 2024, 83, (C) View citations (4)
   See also Working Paper Beyond Borders: Assessing the Influence of Geopolitical Tensions on Sovereign Risk Dynamics, CESifo Working Paper Series (2023) View citations (1) (2023)
10. Beyond the centre: Tracing Decentralization's influence on time-varying fiscal sustainability
    International Review of Economics & Finance, 2024, 96, (PA)
    See also Working Paper Beyond the Centre: Tracing Decentralization’s Influence on Time-varying Fiscal Sustainability, Working Papers REM (2024) (2024)
11. Commonalities and heterogeneity in the Iberian business cycle
    The Journal of Economic Asymmetries, 2024, 30, (C)
12. Does financial inclusion enhance per capita income in the least developed countries?
    International Economics, 2024, 177, (C) View citations (1)
    See also Working Paper DOES FINANCIAL INCLUSION ENHANCE PER CAPITA INCOME IN THE LEAST DEVELOPED COUNTRIES?, Working Papers REM (2024) View citations (1) (2024)
13. Drivers of fiscal sustainability: A time-varying analysis for Portugal
    International Economics, 2024, 178, (C)
    See also Working Paper Drivers of Fiscal Sustainability: A Time-Varying Analysis for Portugal, CESifo Working Paper Series (2023) (2023)
14. Financial, institutional, and macroeconomic determinants of cross-country portfolio equity flows: The case of developed countries
    Economic Modelling, 2024, 141, (C) View citations (1)
15. Fiscal decentralization and public sector efficiency: Do natural disasters matter?
    Economic Modelling, 2024, 137, (C) View citations (1)
16. Government spending efficiency in Latin America
    Empirica, 2024, 51, (1), 127-160 View citations (1)
    See also Working Paper Government Spending Efficiency in Latin America, CESifo Working Paper Series (2022) (2022)
17. Is public investment in construction and in R&D, growth enhancing? A PVAR approach
    Applied Economics, 2024, 56, (24), 2875-2899 View citations (2)
    See also Working Paper Is Public Investment in Construction and in R&D, Growth Enhancing? A PVAR Approach, CESifo Working Paper Series (2022) (2022)
18. Monetary and fiscal interplay: Does it work both ways?
    Economic Systems, 2024, 48, (2)
19. On the time-varying impact of China's bilateral political relations on its trading partners: “Doux commerce” or “trade follows the flag”?
    China Economic Review, 2024, 85, (C) View citations (1)
    See also Working Paper On the time-varying impact of China’s bilateral political relations on its trading partners: “doux commerce” or “trade follows the flag”?, Working Papers of BETA (2024) View citations (1) (2024)
20. Sovereign risk dynamics in the EU: The time varying relevance of fiscal and external (im)balances*
    Journal of International Financial Markets, Institutions and Money, 2024, 94, (C) View citations (2)
    See also Working Paper Sovereign Risk Dynamics in the EU: The Time Varying Relevance of Fiscal and External (Im)balances, CESifo Working Paper Series (2024) View citations (2) (2024)
21. The Nexus between Economic Freedom and Economic Growth in the Least Developed Countries. An Empirical Analysis for the Period of 2000-2021
    Czech Journal of Economics and Finance (Finance a uver), 2024, 74, (2), 191-220 View citations (1)
22. Unemployment and Financial Development: Evidence for OECD Countries
    Comparative Economic Studies, 2024, 66, (4), 661-683
    See also Working Paper Unemployment and financial development: evidence for OECD countries, Working Papers REM (2021) (2021)

2023

23. Are fiscal consolidation episodes helpful for public sector efficiency?
    Applied Economics, 2023, 55, (31), 3547-3560 View citations (3)
    See also Working Paper Are Fiscal Consolidation Episodes Helpful for Public Sector Efficiency?, CESifo Working Paper Series (2022) View citations (1) (2022)
24. Minimum wage and collective bargaining shocks: a narrative database for advanced economies
    IZA Journal of Labor Policy, 2023, 13, (1), 18 View citations (1)
25. Public finances solvency in the Euro Area
    Economic Analysis and Policy, 2023, 77, (C), 642-657 View citations (7)
26. The nexus between fiscal and current account imbalances in OECD economies
    Applied Economics, 2023, 55, (13), 1389-1406 View citations (1)
27. Twin deficits through the looking glass: time-varying analysis in the Euro area
    Economic Change and Restructuring, 2023, 56, (4), 2087-2110
    See also Working Paper Twin Deficits through the Looking Glass: Time-Varying Analysis in the Euro Area, Working Papers REM (2022) (2022)

2022

28. Corruption and economic growth: does the size of the government matter?
    Economic Change and Restructuring, 2022, 55, (2), 543-576 View citations (4)
    See also Working Paper Corruption and Economic Growth: Does the Size of the Government Matter?, EconPol Working Paper (2021) View citations (2) (2021)
29. Do financial markets reward government spending efficiency?
    Journal of International Financial Markets, Institutions and Money, 2022, 77, (C) View citations (18)
    See also Working Paper Do Financial Markets Reward Government Spending Efficiency?, Working Papers REM (2021) (2021)
30. Does the introduction of stock exchange markets boost economic growth in African countries?
    Journal of Comparative Economics, 2022, 50, (2), 627-640
    See also Working Paper Does the Introduction of Stock Exchange Markets BoostEconomic Growth in African Countries?, Working Papers REM (2021) (2021)
31. Financial and economic development in the context of the global 2008-09 financial crisis
    International Economics, 2022, 169, (C), 30-42 View citations (19)
    Also in International Economics, 2022, (169), 30-42 (2022) View citations (15)
32. Fiscal Sustainability in the PALOP Economies
    Notas Económicas, 2022, (54), 57-70
33. Fiscal episodes in the Economic and Monetary Union: Elasticities and non‐Keynesian effects
    International Journal of Finance & Economics, 2022, 27, (1), 571-593 View citations (1)
34. Sovereign bond yield spreads spillovers in the Economic and Monetary Union
    International Journal of Finance & Economics, 2022, 27, (2), 2615-2626 View citations (1)
35. The (non-)Keynesian effects of fiscal austerity: New evidence from a large sample
    Economic Systems, 2022, 46, (2) View citations (10)
    See also Working Paper (Non-) Keynesian Effects of Fiscal Austerity: New Evidence from a large sample, Working Papers REM (2021) View citations (3) (2021)
36. The role of fiscal policies for external imbalances: Evidence from the European Union
    Economic Systems, 2022, 46, (2) View citations (5)
    See also Working Paper The Role of Fiscal Policies for External Imbalances: Evidence from the European Union, Working Papers REM (2021) View citations (3) (2021)
37. Time-varying cyclicality of fiscal policy: The case of the Euro area
    The North American Journal of Economics and Finance, 2022, 62, (C) View citations (3)
38. To consolidate or not to consolidate? A multi-step analysis to assess needed fiscal sustainability
    International Economics, 2022, (172), 106-123 View citations (1)
    Also in International Economics, 2022, 172, (C), 106-123 (2022) View citations (5)
    See also Working Paper To Consolidate or Not to Consolidate? A Multi-Step Analysis to Assess Needed Fiscal Sustainability, CESifo Working Paper Series (2022) View citations (4) (2022)
39. Twin deficits revisited: A role for fiscal institutions?
    Journal of International Money and Finance, 2022, 121, (C) View citations (14)
    See also Working Paper Twin deficits revisited: A role for fiscal institutions?, Post-Print (2022) View citations (14) (2022)

2021

40. Economic and Financial Adjustments in Europe: An Introduction
    Comparative Economic Studies, 2021, 63, (3), 337-338
41. Fiscal Reaction Functions in the EU: A Tale of “r-g” and Whether it Matters
    Revue française d'économie, 2021, XXXVI, (3), 65-101 View citations (6)
42. Government Size, Unemployment and Inflation Nexus in Eight Large Emerging Market Economies
    Hacienda Pública Española / Review of Public Economics, 2021, 235, (1), 133-170
    See also Working Paper Government Size, Unemployment, and Inflation Nexus in Eight Large Emerging Market Economies, Working Papers REM (2018) View citations (3) (2018)
43. Labour Productivity in State-Owned Enterprises
    Comparative Economic Studies, 2021, 63, (3), 450-465
    See also Working Paper Labor Productivity in State-Owned Enterprises, EconPol Working Paper (2020) (2020)
44. Structural Tax Reforms and Public Spending Efficiency
    Open Economies Review, 2021, 32, (5), 1017-1061 View citations (12)
    See also Working Paper Structural Tax Reforms and Public Spending Efficiency, EconPol Working Paper (2020) View citations (5) (2020)
45. Taxation and Public Spending Efficiency: An International Comparison
    Comparative Economic Studies, 2021, 63, (3), 356-383 View citations (24)
    See also Working Paper Taxation and Public Spending Efficiency: An International Comparison, Working Papers REM (2019) View citations (9) (2019)

2020

46. A NOTE ON INFLATION DYNAMICS, PRICE VOLATILITY, AND FISCAL ACTIVISM
    Macroeconomic Dynamics, 2020, 24, (5), 1299-1313 View citations (10)
47. Economic volatility and sovereign yields’ determinants: a time-varying approach
    Empirical Economics, 2020, 58, (2), 427-451 View citations (15)
    See also Working Paper Economic Volatility and Sovereign Yields’ Determinants: a Time-Varying Approach, Working Papers Department of Economics (2016) View citations (10) (2016)
48. Fiscal Policy in Europe: An Introduction
    Comparative Economic Studies, 2020, 62, (3), 355-357
49. Local territorial reform and regional spending efficiency
    Local Government Studies, 2020, 46, (6), 888-910 View citations (3)
    See also Working Paper Local territorial reform and regional spending efficiency, Working Papers REM (2019) View citations (2) (2019)
50. Long-run relationship between exports and imports: current account sustainability tests for the EU
    Portuguese Economic Journal, 2020, 19, (2), 155-170 View citations (2)
    See also Working Paper Long-run relationship between exports and imports: current account sustainability tests for the EU, Working Papers REM (2019) View citations (2) (2019)
51. Sovereign indebtedness and financial and fiscal conditions
    Applied Economics Letters, 2020, 27, (19), 1611-1616
    See also Working Paper Sovereign Indebtedness and Financial and Fiscal Conditions, Working Papers REM (2019) (2019)
52. Stock flow adjustments in sovereign debt dynamics: The role of fiscal frameworks
    International Review of Economics & Finance, 2020, 65, (C), 1-16 View citations (9)
    See also Working Paper Stock Flow Adjustments in Sovereign Debt Dynamics: The Role of Fiscal Frameworks, Working Papers REM (2019) (2019)
53. The effects of macroeconomic, fiscal and monetary policy announcements on sovereign bond spreads
    International Review of Law and Economics, 2020, 63, (C) View citations (20)
54. The macroeconomic effects of public debt: an empirical analysis of Mozambique
    Applied Economics, 2020, 52, (2), 212-226 View citations (4)
    See also Working Paper The Macroeconomic Effects of Public Debt: An Empirical Analysis of Mozambique, Working Papers REM (2018) View citations (6) (2018)
55. The policy mix in the US and EMU: Evidence from a SVAR analysis
    The North American Journal of Economics and Finance, 2020, 51, (C) View citations (7)
    See also Working Paper The Policy Mix in the US and EMU: Evidence from a SVAR Analysis, Working Papers REM (2018) (2018)
56. The transmission of unconventional monetary policy to bank credit supply: Evidence from the TLTRO
    Manchester School, 2020, 88, (S1), 151-171 View citations (23)
    See also Working Paper The Transmission of Unconventional Monetary Policy to Bank Credit Supply: Evidence from the TLTRO, Working Papers REM (2019) View citations (10) (2019)

2019

57. Assessing the sustainability of external imbalances in the European Union
    The World Economy, 2019, 42, (2), 320-348 View citations (24)
    See also Working Paper Assessing the sustainability of external imbalances in the European Union, Post-Print (2018) View citations (1) (2018)
58. Decomposing and Analysing the Determinants of Current Accounts’ Cyclicality: Evidence from the Euro Area
    Open Economies Review, 2019, 30, (1), 133-156 View citations (3)
    See also Working Paper DECOMPOSING AND ANALYSING THE DETERMINANTS OF CURRENT ACCOUNTS’ CYCLICALITY: EVIDENCE FROM THE EURO AREA, Working Papers REM (2018) View citations (3) (2018)
59. Economic growth, public, and private investment returns in 17 OECD economies
    Portuguese Economic Journal, 2019, 18, (1), 47-65 View citations (26)
60. Effects of euro area monetary policy on institutional sectors: the case of Portugal
    Cuadernos de Economía - Spanish Journal of Economics and Finance, 2019, 42, (120), 219-236
    See also Working Paper Effects of euro area monetary policy on institutional sectors: the case of Portugal, Working Papers Department of Economics (2017) View citations (2) (2017)
61. Exchange-traded funds as an alternative investment option
    Notas Económicas, 2019, (48), 7-37
62. Fiscal Reaction Functions Across the World: In Quest of Statistical (In)significance
    FinanzArchiv: Public Finance Analysis, 2019, 75, (3), 207-228 View citations (4)
63. Fiscal Rules and Government Financing Costs
    Fiscal Studies, 2019, 40, (1), 71-90 View citations (20)
64. Fiscal multipliers in the Eurozone: an SVAR analysis
    Applied Economics, 2019, 51, (51), 5577-5593 View citations (22)
    See also Working Paper Fiscal Multipliers in the Eurozone: A SVAR Analysis, Working Papers REM (2018) View citations (5) (2018)
65. How “big†should government be?
    Economics and Business Letters, 2019, 8, (2), 85-96
66. Interactions between monetary and fiscal policies
    Journal of Applied Economics, 2019, 22, (1), 132-151 View citations (19)
67. Quantitative easing and sovereign yield spreads: Euro-area time-varying evidence
    Journal of International Financial Markets, Institutions and Money, 2019, 58, (C), 208-224 View citations (37)
    See also Working Paper Quantitative Easing and Sovereign Yield Spreads: Euro-Area Time-Varying Evidence, Working Papers REM (2017) View citations (1) (2017)
68. Short and long-term interest rate risk: The sovereign balance-sheet nexus
    Finance Research Letters, 2019, 31, (C) View citations (4)
69. Sovereign Ratings and Finance Ministers' Characteristics
    Economics Bulletin, 2019, 39, (4), 2999-3010
    See also Working Paper Sovereign Ratings and Finance Ministers’ Characteristics, Working Papers REM (2019) (2019)
70. Tax structure for consumption and income inequality: an empirical assessment
    SERIEs: Journal of the Spanish Economic Association, 2019, 10, (3), 337-364 View citations (6)
71. The Fiscal consequences of deflation: Evidence from the Golden Age of Globalization
    The Quarterly Review of Economics and Finance, 2019, 74, (C), 129-147 View citations (12)
    See also Working Paper The Fiscal Consequences of Deflation: Evidence from the Golden Age of Globalization, Working Papers Department of Economics (2016) View citations (1) (2016)

2018

72. Debt crisis and 10-year sovereign yields in Ireland and in Portugal
    Applied Economics Letters, 2018, 25, (4), 217-222 View citations (1)
    See also Working Paper Debt crisis and 10-year sovereign yields in Ireland and in Portugal, Working Papers Department of Economics (2017) View citations (4) (2017)
73. Euro Area Sovereign Yields and the Power of Unconventional Monetary Policy
    Czech Journal of Economics and Finance (Finance a uver), 2018, 68, (2), 100-119 View citations (15)
74. Fiscal developments and financial stress: a threshold VAR analysis
    Empirical Economics, 2018, 54, (2), 395-423 View citations (45)
    See also Working Paper Fiscal developments and financial stress: a threshold VAR analysis, Working Papers IES (2011) View citations (70) (2011)
75. Sovereign Credit Rating Mismatches
    Notas Económicas, 2018, (46), 49-70
    See also Working Paper Sovereign Credit Rating Mismatches, Working Papers Department of Economics (2017) (2017)
76. “Whatever it takes” to resolve the European sovereign debt crisis? Bond pricing regime switches and monetary policy effects
    Journal of International Money and Finance, 2018, 86, (C), 1-30 View citations (52)
    See also Working Paper "Whatever it takes" to Resolve the European Sovereign Debt Crisis? Bond Pricing Regime Switches and Monetary Policy Effects, CESifo Working Paper Series (2017) View citations (2) (2017)

2017

77. Current account balance cyclicality
    Applied Economics Letters, 2017, 24, (13), 911-917 View citations (5)
    See also Working Paper Current account balance cyclicality, Working Papers Department of Economics (2016) View citations (2) (2016)
78. Determinants of nonresident government debt ownership
    Applied Economics Letters, 2017, 24, (2), 107-112 View citations (3)
    See also Working Paper Determinants of non-resident government debt ownership, Working Papers Department of Economics (2016) View citations (1) (2016)
79. Euro area time‐varying fiscal sustainability
    International Journal of Finance & Economics, 2017, 22, (3), 244-254 View citations (16)
    See also Working Paper Euro Area Time Varying Fiscal Sustainability, Working Papers Department of Economics (2015) View citations (2) (2015)
80. Fiscal Episodes and Market Power
    Open Economies Review, 2017, 28, (2), 233-250 View citations (8)
81. Reconsidering Wagner’s law: evidence from the functions of the government
    Applied Economics Letters, 2017, 24, (5), 346-350 View citations (20)
    See also Working Paper Reconsidering Wagner's Law: evidence from the functions of the government, Working Papers Department of Economics (2016) View citations (7) (2016)
82. Sovereign debt composition and time-varying public finance sustainability
    The North American Journal of Economics and Finance, 2017, 42, (C), 144-155 View citations (10)
83. The Price Relevance of Fiscal Developments
    International Economic Journal, 2017, 31, (1), 36-50 View citations (2)
    See also Working Paper The Price Relevance of Fiscal Developments, Working Papers Department of Economics (2015) View citations (1) (2015)

2016

84. Assessment of efficiency in basic and secondary education in Tunisia: A regional analysis
    International Journal of Educational Development, 2016, 51, (C), 62-76 View citations (11)
    See also Working Paper Assessment of efficiency in basic and secondary education in Tunisia, a regional analysis, Working Papers Department of Economics (2013) View citations (4) (2013)
85. Budgetary decomposition and yield spreads
    Applied Economics Letters, 2016, 23, (15), 1093-1098
    See also Working Paper Budgetary Decomposition and Yield Spreads, Working Papers Department of Economics (2016) (2016)
86. Economic performance, government size, and institutional quality
    Empirica, 2016, 43, (1), 83-109 View citations (15)
87. Markups' cyclical behaviour: the role of demand and supply shocks
    Applied Economics Letters, 2016, 23, (1), 1-5
    See also Working Paper Markups’ Cyclical Behavior: The role of Demand and Supply Shocks, Working Papers Department of Economics (2015) View citations (1) (2015)
88. Monetary Developments and Expansionary Fiscal Consolidations: Evidence from the EMU
    International Journal of Finance & Economics, 2016, 21, (3), 247-265 View citations (11)
    See also Working Paper Monetary Developments and Expansionary Fiscal Consolidations: Evidence from the EMU, Working Papers (2016) View citations (12) (2016)
89. The elusive character of fiscal sustainability
    Applied Economics, 2016, 48, (28), 2651-2664 View citations (31)
90. The relevance of commuting zones for regional spending efficiency
    Applied Economics, 2016, 48, (10), 865-877 View citations (8)
    See also Working Paper The relevance of commuting zones for regional spending efficiency, Working Papers Department of Economics (2013) View citations (2) (2013)

2015

91. Economic forecasts and sovereign yields
    Economic Modelling, 2015, 44, (C), 319-326 View citations (17)
    See also Working Paper Economic forecasts and sovereign yields, Working Papers Department of Economics (2013) View citations (3) (2013)
92. Fiscal sustainability: a panel assessment for advanced economies
    Applied Economics Letters, 2015, 22, (11), 925-929 View citations (21)
    See also Working Paper Fiscal Sustainability: A Panel Assessment for Advanced Economies, Working Papers Department of Economics (2015) View citations (21) (2015)
93. How Does Fiscal Policy Affect Investment? Evidence from a Large Panel
    International Journal of Finance & Economics, 2015, 20, (4), 310-327 View citations (17)
94. Multi-step analysis of public finances sustainability
    Economic Modelling, 2015, 48, (C), 199-209 View citations (22)
95. On the time-varying relationship between EMU sovereign spreads and their determinants
    Economic Modelling, 2015, 44, (C), 363-371 View citations (41)
    See also Working Paper On the time-varying relationship between EMU sovereign spreads and their determinants, Working Papers Department of Economics (2013) View citations (2) (2013)
96. Short- and long-run behaviour of long-term sovereign bond yields
    Applied Economics, 2015, 47, (37), 3971-3993 View citations (16)
    See also Working Paper Short and Long-run Behaviour of Long-term Sovereign Bond Yields, CESifo Working Paper Series (2010) View citations (10) (2010)
97. The Role of Government Debt in Economic Growth
    Hacienda Pública Española / Review of Public Economics, 2015, 215, (4), 9-26 View citations (29)
    See also Working Paper The Role of Government Debt in Economic Growth, Working Papers Department of Economics (2014) View citations (21) (2014)
98. The relevance of fiscal rules for fiscal and sovereign yield developments
    Applied Economics Letters, 2015, 22, (11), 920-924 View citations (11)
99. The track record of fiscal forecasting in the EU
    Economics Bulletin, 2015, 35, (2), 1318-1329 View citations (3)

2014

100. A longer-run perspective on fiscal sustainability
     Empirica, 2014, 41, (4), 821-847 View citations (31)
     See also Working Paper A Longer-run Perspective on Fiscal Sustainability, Working Papers Department of Economics (2011) View citations (8) (2011)
101. Assessing fiscal episodes
     Economic Modelling, 2014, 37, (C), 255-270 View citations (25)
     See also Working Paper Assessing fiscal episodes, Working Papers Department of Economics (2011) View citations (3) (2011)
102. Causality for the government budget and economic growth
     Applied Economics Letters, 2014, 21, (17), 1198-1201 View citations (15)
     See also Working Paper Causalilty for the government budget and economic growth, Working Papers Department of Economics (2014) View citations (15) (2014)
103. Fiscal composition and long-term growth
     Applied Economics, 2014, 46, (3), 349-358 View citations (52)
     See also Working Paper Fiscal composition and long-term growth, Working Paper Series (2013) View citations (16) (2013)
104. Interactions between private and public sector wages
     Journal of Macroeconomics, 2014, 39, (PA), 97-112 View citations (49)
     See also Working Paper Interactions between Private and Public Sector Wages, IZA Discussion Papers (2010) View citations (7) (2010)
105. PRICING SOVEREIGN BOND RISK IN THE EUROPEAN MONETARY UNION AREA: AN EMPIRICAL INVESTIGATION
     International Journal of Finance & Economics, 2014, 19, (1), 49-56 View citations (38)
106. Sovereign credit ratings, market volatility, and financial gains
     Computational Statistics & Data Analysis, 2014, 76, (C), 20-33 View citations (26)
     See also Working Paper Sovereign credit ratings, market volatility, and financial gains, Working Paper Series (2014) View citations (26) (2014)

2013

107. Do fiscal rules matter for growth?
     Applied Economics Letters, 2013, 20, (1), 34-40 View citations (24)
     See also Working Paper Do fiscal rules matter for growth?, Working Papers Department of Economics (2012) View citations (7) (2012)
108. Growth and productivity: The role of government debt
     International Review of Economics & Finance, 2013, 25, (C), 384-407 View citations (134)
     See also Working Paper Growth and Productivity: the role of Government Debt, Working Papers Department of Economics (2011) View citations (18) (2011)
109. Market power and fiscal policy in OECD countries
     Applied Economics, 2013, 45, (32), 4545-4555 View citations (10)
     See also Working Paper Market Power and Fiscal Policy in OECD Countries, Working Papers Department of Economics (2010) View citations (7) (2010)
110. Public and private inputs in aggregate production and growth: a cross-country efficiency approach
     Applied Economics, 2013, 45, (32), 4487-4502 View citations (11)
     See also Working Paper Public and Private Inputs in Aggregate Production and Growth: A Cross-country Efficiency Approach, Working Papers Department of Economics (2010) View citations (7) (2010)
111. The cyclicality of education, health, and social security government spending
     Applied Economics Letters, 2013, 20, (7), 669-672 View citations (17)
     See also Working Paper The cyclicality of education, health, and social security government spending, Working Papers Department of Economics (2012) View citations (2) (2012)

2012

112. Fiscal volatility, financial crises and growth
     Applied Economics Letters, 2012, 19, (18), 1821-1826 View citations (28)
     See also Working Paper Fiscal Volatility, Financial Crises and Growth, Working Papers Department of Economics (2012) View citations (27) (2012)
113. Level, slope, curvature of the sovereign yield curve, and fiscal behaviour
     Journal of Banking & Finance, 2012, 36, (6), 1789-1807 View citations (46)
     See also Working Paper Level, Slope, Curvature of Sovereign Yield Curve and Fiscal Behaviour, Working Papers Department of Economics (2010) View citations (10) (2010)
114. Measuring the success of fiscal consolidations
     Applied Financial Economics, 2012, 22, (13), 1053-1061 View citations (25)
     See also Working Paper Measuring the Success of Fiscal Consolidations, Working Papers Department of Economics (2011) View citations (1) (2011)
115. Sovereign credit ratings and financial markets linkages: Application to European data
     Journal of International Money and Finance, 2012, 31, (3), 606-638 View citations (246)
     See also Working Paper Sovereign credit ratings and financial markets linkages: application to European data, Working Papers Department of Economics (2011) View citations (51) (2011)
116. The macroeconomic effects of fiscal policy
     Applied Economics, 2012, 44, (34), 4439-4454 View citations (101)
     See also Working Paper The macroeconomic effects of fiscal policy, Working Paper Series (2009) View citations (107) (2009)

2011

117. Appraising fiscal reaction functions
     Economics Bulletin, 2011, 31, (4), 3320-3330 View citations (21)
     See also Working Paper Appraising fiscal reaction functions, Working Papers Department of Economics (2011) View citations (16) (2011)
118. Assessing health efficiency across countries with a two-step and bootstrap analysis
     Applied Economics Letters, 2011, 18, (15), 1427-1430 View citations (33)
119. Assessing long-term fiscal developments: A new approach
     Journal of International Money and Finance, 2011, 30, (1), 130-146 View citations (16)
     See also Working Paper Assessing Long-Term Fiscal Developments: a New Approach, NIPE Working Papers (2009) View citations (13) (2009)
120. Assessing long-term fiscal developments: evidence from Portugal
     Applied Economics Letters, 2011, 18, (1), 1-5 View citations (4)
     See also Working Paper Assessing Long-Term Fiscal Developments: Evidence from Portugal, Working Papers Department of Economics (2009) View citations (2) (2009)
121. CONSUMPTION, WEALTH, STOCK AND GOVERNMENT BOND RETURNS: INTERNATIONAL EVIDENCE
     Manchester School, 2011, 79, (6), 1294-1232 View citations (24)
     See also Working Paper Consumption, Wealth, Stock and Government Bond Returns: International Evidence, Working Papers Department of Economics (2011) View citations (24) (2011)
122. Do Fiscal Imbalances Deteriorate Sovereign Debt Ratings ?
     Revue économique, 2011, 62, (6), 1123-1134 View citations (8)
     See also Working Paper Do fiscal imbalances deteriorate sovereign debt ratings?, Working Papers Department of Economics (2010) View citations (4) (2010)
123. Economic growth and budgetary components: a panel assessment for the EU
     Empirical Economics, 2011, 41, (3), 703-723 View citations (57)
     See also Working Paper Economic growth and budgetary components: a panel assessment for the EU, Working Paper Series (2008) View citations (38) (2008)
124. Fiscal regime shifts in Portugal
     Portuguese Economic Journal, 2011, 10, (2), 83-108 View citations (24)
     See also Working Paper Fiscal Regime Shifts in Portugal, NIPE Working Papers (2009) View citations (6) (2009)
125. Long-run Determinants of Sovereign Yields
     Economics Bulletin, 2011, 31, (1), 367-374 View citations (10)
     See also Working Paper Long-run Determinants of Sovereign Yields, CESifo Working Paper Series (2010) View citations (6) (2010)
126. Short‐ and long‐run determinants of sovereign debt credit ratings
     International Journal of Finance & Economics, 2011, 16, (1), 1-15 View citations (126)
127. The macroeconomic effects of fiscal policy in Portugal: a Bayesian SVAR analysis
     Portuguese Economic Journal, 2011, 10, (1), 61-82 View citations (39)
     See also Working Paper The Macroeconomic Effects of Fiscal Policy in Portugal: a Bayesian SVAR Analysis, Working Papers Department of Economics (2009) View citations (40) (2009)
128. What are the effects of fiscal policy on asset markets?
     Economic Modelling, 2011, 28, (4), 1871-1890 View citations (86)

2010

129. Expansionary fiscal consolidations in Europe: new evidence
     Applied Economics Letters, 2010, 17, (2), 105-109 View citations (68)
     See also Working Paper Expansionary fiscal consolidations in Europe: new evidence, Working Papers Department of Economics (2006) View citations (29) (2006)
130. Fiscal policy responsiveness, persistence, and discretion
     Public Choice, 2010, 145, (3), 503-530 View citations (92)
     See also Working Paper Fiscal Policy Responiveness, Persistence and Discretion, Working Papers Department of Economics (2008) View citations (4) (2008)
131. Government size, composition, volatility and economic growth
     European Journal of Political Economy, 2010, 26, (4), 517-532 View citations (236)
     See also Working Paper Government Size, Composition, Volatility and Economic Growth, Working Papers Department of Economics (2008) View citations (51) (2008)
132. Income distribution determinants and public spending efficiency
     The Journal of Economic Inequality, 2010, 8, (3), 367-389 View citations (78)
     See also Working Paper Income Distribution Determinants and Public Spending Efficiency, Working Papers Department of Economics (2008) View citations (42) (2008)
133. Long-term government bond yields and economic forecasts: evidence for the EU
     Applied Economics Letters, 2010, 17, (15), 1437-1441 View citations (25)
     See also Working Paper Long-term Government Bond Yields and Economic Forecasts: Evidence for the EU, Working Papers Department of Economics (2009) View citations (2) (2009)
134. Public and private investment rates of return: evidence for industrialized countries
     Applied Economics Letters, 2010, 17, (9), 839-843 View citations (16)
135. Public sector efficiency: evidence for new EU member states and emerging markets
     Applied Economics, 2010, 42, (17), 2147-2164 View citations (124)
     See also Working Paper Public Sector Efficiency: Evidence for New EU Member States and Emerging Markets, Working Papers Department of Economics (2006) View citations (117) (2006)
136. What do we really know about fiscal sustainability in the EU? A panel data diagnostic
     Review of World Economics (Weltwirtschaftliches Archiv), 2010, 145, (4), 731-755 View citations (83)
     See also Working Paper What do we Really Know About Fiscal Sustainability in the EU? A Panel Data Diagnostic, EcoMod2008 (2008) View citations (8) (2008)

2009

137. Bootstrap panel granger-causality between government budget and external deficits for the EU
     Economics Bulletin, 2009, 29, (2), 1027-1034 View citations (17)
     See also Working Paper Bootstrap Panel Granger-Causality Between Government Budget and External Deficits for the EU, Working Papers Department of Economics (2009) View citations (18) (2009)
138. MACROECONOMIC RATES OF RETURN OF PUBLIC AND PRIVATE INVESTMENT: CROWDING‐IN AND CROWDING‐OUT EFFECTS
     Manchester School, 2009, 77, (s1), 21-39 View citations (66)
     See also Working Paper Macroeconomic Rates of Return of Public and Private Investment: Crowding-in and Crowding-out Effects, Working Papers Department of Economics (2008) View citations (57) (2008)
139. Neck, R. and Sturm, J.-E. (eds.): Sustainability of public debt
     Journal of Economics, 2009, 97, (1), 95-96
140. Ordered response models for sovereign debt ratings
     Applied Economics Letters, 2009, 16, (8), 769-773 View citations (53)
     See also Working Paper Ordered Response Models for Sovereign Debt Ratings, Working Papers Department of Economics (2006) View citations (21) (2006)
141. Sectoral Business Cycle Synchronization in the European Union
     Economics Bulletin, 2009, 29, (4), 2996-3014 View citations (18)
     See also Working Paper Sectoral Business Cycle Synchronization in the European Union, Working Papers Department of Economics (2007) View citations (9) (2007)
142. Spend spend-and and-tax: a panel data investigation for the EU
     Economics Bulletin, 2009, 29, (4), A32 View citations (18)
143. Spend-and-tax: a panel data investigation for the EU
     Economics Bulletin, 2009, 29, (4), 2542-2548 View citations (21)
     See also Working Paper Spend-and-tax: A Panel Data Investigation for the EU, CESifo Working Paper Series (2009) View citations (21) (2009)

2008

144. A DEA APPROACH TO THE RELATIVE EFFICIENCY OF PORTUGUESE PUBLIC UNIVERSITIES
     Portuguese Journal of Management Studies, 2008, XIII, (1), 67-88 View citations (12)
145. Assessing and explaining the relative efficiency of local government
     Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), 2008, 37, (5), 1946-1979 View citations (93)
146. EMU enlargement, stabilization costs and insurance mechanisms
     Journal of International Money and Finance, 2008, 27, (2), 169-187 View citations (68)
147. Euler testing Ricardo and Barro in the EU
     Economics Bulletin, 2008, 5, (16), 1-14 View citations (5)
     See also Working Paper Euler Testing Ricardo and Barro in the EUs, Working Papers Department of Economics (2008) View citations (7) (2008)
148. Ricardian fiscal regimes in the European Union
     Empirica, 2008, 35, (3), 313-334 View citations (70)
     See also Working Paper Ricardian Fiscal Regimes in the European Union, Working Papers Department of Economics (2005) View citations (34) (2005)
149. The dynamic behaviour of budget components and output
     Economic Modelling, 2008, 25, (1), 93-117 View citations (23)
     See also Working Paper The dynamic behaviour of budget components and output, Working Paper Series (2007) View citations (12) (2007)

2007

150. Dupuit, Pigou and cost of inefficiency in public services provision
     Public Choice, 2007, 132, (3), 485-502 View citations (19)
151. Fiscal policy events and interest rate swap spreads: Evidence from the EU
     Journal of International Financial Markets, Institutions and Money, 2007, 17, (3), 261-276 View citations (55)
     See also Working Paper Fiscal policy events and interest rate swap spreads: evidence from the EU, Working Paper Series (2004) View citations (40) (2004)
152. Should we care for structural breaks when assessing fiscal sustainability?
     Economics Bulletin, 2007, 3, (63), 1-9 View citations (8)
     See also Working Paper Should we Care for Structural Breaks When Assessing Fiscal Sustainability?, Working Papers Department of Economics (2008) View citations (7) (2008)

2006

153. Cross-country efficiency of secondary education provision: A semi-parametric analysis with non-discretionary inputs
     Economic Modelling, 2006, 23, (3), 476-491 View citations (180)
     See also Working Paper Cross-country Efficiency of Secondary Education Provision: a Semi-parametric Analysis with Nondiscretionary Inputs, Working Papers Department of Economics (2005) View citations (16) (2005)
154. Fiscal Consolidations in the Central and Eastern European Countries
     Review of World Economics (Weltwirtschaftliches Archiv), 2006, 142, (2), 402-421 View citations (28)
     See also Working Paper Fiscal Consolidations in the Central and Eastern European Countries, Working Papers Department of Economics (2005) View citations (14) (2005)
155. Measuring local government spending efficiency: Evidence for the Lisbon region
     Regional Studies, 2006, 40, (1), 39-53 View citations (89)
156. Sustainability of fiscal policy in the EU-15
     ifo DICE Report, 2006, 4, (01), 34-38 View citations (2)

2005

157. Fiscal Sustainability: The Unpleasant European Case
     FinanzArchiv: Public Finance Analysis, 2005, 61, (1), 19-44 View citations (219)
     See also Working Paper Fiscal Sustainability: the Unpleasant European Case, Money Macro and Finance (MMF) Research Group Conference 2004 (2004) View citations (18) (2004)
158. Non-Parametric Approaches to Education and Health Efficiency in OECD Countries
     Journal of Applied Economics, 2005, 08, (2), 20 View citations (150)
     Also in Journal of Applied Economics, 2005, 8, 227-246 (2005) View citations (157)
     Journal of Applied Economics, 2005, 8, (2), 227-246 (2005) View citations (149)
159. Public sector efficiency: An international comparison
     Public Choice, 2005, 123, (3), 321-347 View citations (314)
     See also Working Paper Public sector efficiency: an international comparison, Working Paper Series (2003) View citations (105) (2003)

2004

160. A Note on Public Spending Efficiency
     ifo DICE Report, 2004, 2, (01), 35-39 View citations (4)

2003

161. Understanding the determinants of sovereign debt ratings: Evidence for the two leading agencies
     Journal of Economics and Finance, 2003, 27, (1), 56-74 View citations (121)

Books

2013

1. States, Banks, and the Financing of the Economy: Fiscal Policy and Sovereign Risk Perspectives
   SUERF Studies, SUERF - The European Money and Finance Forum View citations (1)

Edited books

2023

1. Handbook on Public Sector Efficiency
   Books, Edward Elgar Publishing View citations (6)

Chapters

2023

1. Government spending efficiency, measurement and applications: A cross-country efficiency dataset
   Chapter 3 in Handbook on Public Sector Efficiency, 2023, pp 44-71 View citations (1)
   See also Working Paper Government Spending Efficiency, Measurement and Applications: a CrossCountry Efficiency Dataset, ifo Institute - Leibniz Institute for Economic Research at the University of Munich (2020) View citations (5) (2020)
2. The size of government
   Chapter 1 in Handbook on Public Sector Efficiency, 2023, pp 6-31 View citations (1)
   See also Working Paper The Size of Government, ifo Institute - Leibniz Institute for Economic Research at the University of Munich (2020) View citations (9) (2020)

2017

3. Assessing Public Spending Efficiency in 20 OECD Countries
   Springer View citations (22)
   See also Working Paper Assessing Public Spending Efficiency in 20 OECD Countries, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa (2016) View citations (22) (2016)