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

 

Apresentação

Autor(es): Frederico Leal
Ano: 2020

Fiscal episodes in the EMU: elasticities and non-keynesian effects

 

Fiscal Episodes in the EMU.pdf

Autor(es): Jorge Bravo
Ano: 2019


Impacto macroeconómico da titularização do subsídio de refeição

 

Apresentação 

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

- Apresentações

- Vídeo apresentado na conferência

- Fotos da Conferência

 

Autor(es): Luís Pedro Machado
Ano: 2019

 

Exporter Firms Behaviour, Evidence from Portuguese Firms using Microdata - Slides / Paper

Autor(es): António Afonso
Ano: 2019
 
How "Big" Should Goverment Be? - slides/paper
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

 

Apresentação PI GEE -site.pptx