Utilize este identificador para referenciar este registo:
https://hdl.handle.net/1822/11968
Título: | Assessing long-term fiscal developments : evidence from Portugal |
Autor(es): | Afonso, António Sousa, Ricardo M. |
Palavras-chave: | Fiscal deterioration Portugal |
Data: | Jan-2011 |
Editora: | Routledge |
Revista: | Applied Economics Letters |
Citação: | "Applied Economics Letters". ISSN 1350-4851. 18:1 (Jan. 2011) 1-5. |
Resumo(s): | We use a 3SLS method and a system of equations to recursively estimate two components of fiscal policy – responsiveness and persistence – and to infer about the sources of fiscal deterioration (improvement). Using quarterly data, the results suggest that: (i) government spending exhibits higher persistence than government revenue; and (ii) government revenue is more responsive to the business cycle than government spending, pointing to fiscal deterioration issues. |
Tipo: | Artigo |
URI: | https://hdl.handle.net/1822/11968 |
DOI: | 10.1080/13504850903425090 |
ISSN: | 1350-4851 |
Versão da editora: | http://www.informaworld.com/smpp/content~db=all~content=a922759218 |
Arbitragem científica: | yes |
Acesso: | Acesso aberto |
Aparece nas coleções: | NIPE - Artigos em Revistas de Circulação Internacional com Arbitragem Científica |
Ficheiros deste registo:
Ficheiro | Descrição | Tamanho | Formato | |
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Assessing Long_Term Fiscal Developments_ Evidence.pdf | Assessing Long-Term Fiscal Developments: Evidence | 85,2 kB | Adobe PDF | Ver/Abrir |