Seminários GEE
- Autor(es): José Tavares
- Ano: 2020
We investigate the causal relationship between local government expenditure and private firm performance, using the quantity and naming of civil parishes within each municipality as an instrumental variable. Religious denominations are taken as a proxy for strong local identity, which likely increases competition for resources between neighboring parishes. We explore a dataset on the universe of private firms, local government expenditure categories and socio-economic indicators for all mainland Portuguese municipalities, in a period encompassing both normal and crisis times. The number of parishes per municipality, as exogenously set by the central government, and the number of parishes that display religious denominations are both used as instruments that explain local government spending, indirectly impacting firm performance. We find that both display considerable power in determining total primary and current spending, which then positively impacts private firms’ sales and value added. Using religious denominations is found to yield a particularly potent instrument, confirming and expanding the baseline results. In a field that mostly relies on natural experiments for instrumental variable frameworks, our proposed instruments are both easily obtainable and powerful.
Apresentação - mult pres 21-5-20.pdf
Firm Performance and Religious Denominations CEPR-DP14448.pdf
- Autor(es): Luísa Farinha
- Ano: 2020
Bank funding and the survival of start-ups
- Autor(es): Frederico Leal
- Ano: 2020
Fiscal episodes in the EMU: elasticities and non-keynesian effects
- Autor(es): Jorge Bravo
- Ano: 2019
Impacto macroeconómico da titularização do subsídio de refeição
- Autor(es): GEE / APS
- Ano: 2019
Conferência “Poupança e Financiamento da Economia Portuguesa” para apresentação dos artigos vencedores da Call for Papers.
- GEE - Call Poupança e Financiamento - Programa da Conferência
- Trabalhos vencedores
- Collateral Value and Entrepreneurship: Evidence from a Property Tax Reform - Miguel Ferreira, João Pereira dos Santos and Ana Venâncio
- The Financial Channels of Labor Rigidities: Evidence from Portugal - Edoardo M. Acabbi, Ettore Panetti and Alessandro Sforza
- Can a small leak sink a great ship? A comprehensive analysis of the Portuguese household savings - Tiago Domingues and Margarida Castro Rego
- Vídeo apresentado na conferência
- Autor(es): António Afonso
- Ano: 2019
- Autor(es): Antti Ronkainen
- Ano: 2019
The appropriate policy mix of fiscal and monetary policies in the next economic dowturn - slides
- Autor(es): Leonor Trindade
- Ano: 2019
Propriedade Industrial, situação em Portugal e desafios futuros - 01 Agosto 2019
