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Central Bank Research Hub - Bank of Portugal Working papers



An Assessment of Competition in the Portuguese Banking System in the 1991-2004 Period (JEL C23, G21, L13)

by Miguel Boucinha, Nuno Ribeiro2009-01
(Jan 2009)
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2008

Analysis of the Predictors of Default for Portuguese Firms (JEL C14, C45, G33)

by Ana Lacerda, Russ A.Moro2008-22
(Dec 2008)
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On the uncertainty and risks of macroeconomic forecasts: Combining judgements with sample and model information (JEL C53, E37)

by Maximiano Pinheiro, Paulo Soares Esteves2008-21
(Dec 2008)
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A Theory of Entry and Exit into Exports Markets

by Alfonso A. Irarrazabal, Luca David Opromolla2008-20
(Dec 2008)
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Approximating and Forecasting Macroeconomic Signals in Real-Time (JEL C14, C32, E32)

by João Valle e Azevedo, Ana Pereira2008-19
(Nov 2008)
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Forecasting investment: A fishing contest using survey data (JEL C22, C52, C53, E22)

by José Ramos Maria, Sara Serra2008-18
(Oct 2008)
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Product and Destination Mix in Export Markets (JEL D21, F1, L25)

by João Amador, Luca David Opromolla2008-17
(Oct 2008)
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 Full text

Improving Competition in the Non-Tradable Goods and Labour Markets: The Portuguese Case (JEL J14, J26, J38)

by Vanda Almeida, Gabriela Lopes de Castro, Ricardo Mourinho Félix2008-16
(Oct 2008)
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Wage and Price Dynamics in Portugal

by Carlos Robalo Marques2008-15
(Oct 2008)
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Impact on Welfare of Country Heterogeneity in a Currency Union (JEL E52, E58)

by Carla Soares2008-14
(Sep 2008)
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 Full text

Empirical Evidence on the Behavior and Stabilizing Role of Fiscal and Monetary Policies in the US (JEL E63)

by Manuel Coutinho Pereira2008-13
(Sep 2008)
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Impact of the Recent Reform of the Portuguese Public Employees' Pension System (JEL H55, J26)

by Maria Manuel Campos, Manuel Coutinho Pereira2008-12
(Sep 2008)
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International Fragmentation of Production in the Portuguese Economy: What do Different Measures Tell Us? (JEL F1, F14, F15, O52)

by João Amador, Sónia Cabral2008-11
(Jul 2008)
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Vertical Specialization Across the World: A Relative Measure

by João Amador, Sónia Cabral2008-10
(Jul 2008)
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 Full text

Determining the number of factors in approximate factor models with global and group-specific factors

by Francisco Craveiro Dias, Maximiano Pinheiro, António Rua2008-09
(Jun 2008)
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Statistical Arbitrage with Default and Collateral (JEL D52, G11, G12)

by Ana Lacerda, José Fajardo2008-08
(Jun 2008)
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Forecasting Using Targeted Diffusion Indexes (JEL C22, C53)

by Francisco Craveiro Dias, Maximiano Pinheiro, António Rua2008-07
(May 2008)
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Evaluating Job Search Programs for Old and Young Individuals: Heterogeneous Impact on Unemployment Duration (JEL J18, J23, J38)

by Luis Centeno, Mário Centeno, Álvaro A. Novo2008-06
(Apr 2008)
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What is behind the recent evolution of Portuguese terms of trade? (JEL F10, F14)

by Fátima Cardoso, Paulo Soares Esteves2008-05
(Mar 2008)
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The effects of low-cost countries on Portuguese manufacturing import prices (JEL E31, F15)

by Fátima Cardoso, Paulo Soares Esteves2008-04
(Mar 2008)
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Unemployment Benefits and Reservation Wages: Key Elasticities from a Stripped-Down Job Search Approach (JEL J64, J65)

by John T. Addison, Mário Centeno, Pedro Portugal2008-03
(Feb 2008)
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Do Reservation Wages Really Decline? Some International Evidence on the Determinants of Reservation Wages (JEL J64, J65)

by John T. Addison, Pedro Portugal, Mário Centeno2008-02
(Feb 2008)
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Inflation expectations in the euro area: Are consumers rational?

by Francisco Craveiro Dias, Cláudia Duarte, António Rua2008-23
(Jan 2008)
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The Determinants of Portuguese Banks' Capital Buffers (JEL C23, G21, G28)

by Miguel Boucinha2008-01
(Jan 2008)
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2007

Do labor market policies affect employment composition? Lessons from European countries (JEL J23)

by António R. Antunes, Mário Centeno2007-21
(Dec 2007)
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Is the euro area M3 abandoning us? (JEL E3, E4, E5)

by Nuno Alves, Carlos Robalo Marques, João Sousa2007-20
(Dec 2007)
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Is Time Ripe for Price Level Path Stability? (JEL D83, E52)

by Vítor Gaspar, Frank Smets, David Vestin2007-19
(Oct 2007)
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An Open Economy Model of the Euro Area and the US (JEL E5, F4)

by Nuno Alves, Sandra Gomes, João Sousa2007-18
(Oct 2007)
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A Multivariate Band-Pass Filter (JEL C14, C32, E32)

by João Valle e Azevedo2007-17
(Oct 2007)
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Labor Adjustment Costs in a Panel of Establishments: A Structural Approach (JEL C33, C41, E24, J23)

by João Ejarque, Pedro Portugal2007-16
(Oct 2007)
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Inflation (mis)perceptions in the euro area (JEL C16, C42, E31)

by Francisco Craveiro Dias, Cláudia Duarte, António Rua2007-15
(Oct 2007)
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International Trade Patterns over the Last Four Decades: How does Portugal Compare with other Cohesion Countries? (JEL C14, F14, O50)

by João Amador, Sónia Cabral, José Ramos Maria2007-14
(Sep 2007)
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Exact Limit of the Expected Periodogram in the Unit-Root case (JEL C22)

by João Valle e Azevedo2007-13
(Sep 2007)
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Interpretation of the Effects of Filtering Integrated Time Series (JEL C22, E32)

by João Valle e Azevedo2007-12
(Sep 2007)
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How Do Different Entitlements to Unemployment Benefits Affect the Transitions from Unemployment into Employment? (JEL J64, J65)

by John T. Addison, Pedro Portugal2007-11
(Sep 2007)
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Identifying Unemployment Insurance Income Effects with a Quasi-Natural Experiment (JEL J23, J64, J65)

by Mário Centeno, Álvaro A. Novo2007-10
(May 2007)
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Total Factor Productivity Growth in the G7 Countries: Different or Alike? (JEL C11, G7, O47, O5)

by João Amador, Carlos Coimbra2007-09
(Apr 2007)
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Characteristics of the Portuguese Economic Growth: What has been Missing? (JEL C11, O47, O5)

by João Amador, Carlos Coimbra2007-08
(Apr 2007)
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Credit Risk Drivers: Evaluating the Contribution of Firm Level Information and of Macroeconomic Dynamics (JEL C25, C41, E32, G21, G33)

by Diana Bonfim2007-07
(Apr 2007)
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A Stochastic Frontier Analysis of Secondary Education Output in Portugal (JEL I21)

by Manuel Coutinho Pereira, Sara Moreira2007-06
(Apr 2007)
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Price setting in the euro area: Some stylised facts from Individual Producer Price Data (JEL C25, D40, E31)

by Philip Vermeulen, Daniel Dias, Maarten Dossche, Erwan Gautier, I. Hernando, R. Sabbatini, H. Stahl2007-05
(Mar 2007)
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Spatial and Temporal Aggregation in the Estimation of Labor Demand Functions (JEL J21, J23)

by José Varejão, Pedro Portugal2007-04
(Mar 2007)
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Adjusting to the Euro (JEL E21, F32, F36)

by Gabriel Fagan, Vítor Gaspar2007-03
(Jan 2007)
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The Forward Premium of Euro Interest Rates (JEL C32, E43)

by Sónia Costa, Ana Beatriz Galvão2007-02
(Jan 2007)
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Relative Export Structures and Vertical Specialization: A Simple Cross-Country Index (JEL C14, F14, O50)

by João Amador, Sónia Cabral, José Ramos Maria2007-01
(Jan 2007)
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2006

An input-output analysis: linkages vs leakages (JEL C67, D57, F14)

by Hugo J. Reis, António Rua2006-17
(Nov 2006)
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On the Relevance of Exchange Rate Regimes for Stabilization Policy (JEL E31, E63, F20, F33, F41, F42)

by Bernardino Adão, Isabel Horta Correia, Pedro Teles2006-16
(Oct 2006)
 Abstract
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Computing General Equilibrium Models with Occupational Choice and Financial Frictions (JEL C62, C63, E60, G38)

by António R. Antunes, Tiago V. de V. Cavalcanti, Anne Villamil2006-15
(Oct 2006)
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Earnings Losses of Displaced Workers: Evidence from a Matched Employer-Employee Data Set (JEL J31, J63, J65)

by Anabela Carneiro, Pedro Portugal2006-14
(Sep 2006)
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U.S. Unemployment Duration: Has Long Become Longer or Short Become Shorter? (JEL C14, C21, C41, J64)

by José Ferreira Machado, Pedro Portugal, Juliana Guimarães2006-13
(Jun 2006)
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The Impact of Unemployment Insurance Generosity on Match Quality Distribution (JEL J23, J64, J65)

by Mário Centeno, Álvaro A. Novo2006-12
(Jun 2006)
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Measuring export competitiveness: revisiting the effective exchange rate weights for the euro area countries (JEL F10, F14)

by Paulo Soares Esteves, Carolina Reis2006-11
(May 2006)
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Market Power, Dismissal Threat and Rent Sharing: The Role of Insider and Outsider Forces in Wage Bargaining

by Anabela Carneiro, Pedro Portugal2006-10
(Apr 2006)
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Excess burden and the cost of inefficiency in public services provision

by António Afonso, Vítor Gaspar2006-09
(Apr 2006)
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Identifying asset price booms and busts with quantile regressions (JEL E43, E52)

by José Ferreira Machado, João Sousa2006-08
(Mar 2006)
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A disaggregated framework for the analysis of structural developments in public finances (JEL E69, H20, H50, H60)

by Jana Kremer, Cláudia Braz, Teunis Brosens, Geert Langenus, Sandro Momigliano, Mikko Spolander2006-07
(Feb 2006)
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Nominal Debt as a Burden on Monetary Policy (JEL E40, E50, E58, E60)

by Javier Días-Giménez, Giorgia Giovannetti, Ramon Marimon, Pedro Teles2006-06
(Feb 2006)
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Sticky Prices in The Euro Area: a Summary of New Micro Evidence (JEL C25, D40, E31)

by Luis J. Álvarez, Emmanuel Dhyne, Marco Hoeberichts, C. Kwapil, Hervé Le Bihan, Patrick Lünnemann, Fernando Martins, R. Sabbatini, H. Stahl, Philip Vermeulen, Jouko Vilmunen2006-05
(Jan 2006)
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The Price Setting Behaviour of Portuguese Firms Evidence From Survey Data (JEL D40, E31, L11)

by Fernando Martins2006-04
(Jan 2006)
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Measuring the Importance of the Uniform Nonsynchronization Hypothesis (JEL D40, E31, L11)

by Daniel Dias, Carlos Robalo Marques, J.M.C.Santos Silva2006-03
(Jan 2006)
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The Transmission of Monetary and Technology Shocks in the Euro Area (JEL E32)

by Nuno Alves, José Brandão de Brito, Sandra Gomes, João Sousa2006-02
(Jan 2006)
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The Effects of a Technology Shock in the Euro Area (JEL E24, E32)

by Nuno Alves, José Brandão de Brito, Sandra Gomes, João Sousa2006-01
(Jan 2006)
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2005

Market Integration in the Golden Periphery - the Lisbon/London Exchange, 1854-1891 (JEL N10, N20)

by Rui Pedro Esteves, Jaime Reis, Fabiano Ferramosca2005-15
(Dec 2005)
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The effects of a government expenditures shock (JEL E2, E3)

by Bernardino Adão, José Brandão de Brito2005-14
(Dec 2005)
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A macroeconomic structural model for the Portuguese economy (JEL C51, E27, E62)

by Ricardo Mourinho Félix2005-13
(Nov 2005)
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Unique equilibrium with single monetary instrument rules (JEL E31, E40, E52, E58, E62, E63)

by Bernardino Adão, Isabel Horta Correia, Pedro Teles2005-12
(Nov 2005)
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Business Cycle at a Sectoral Level: the Portuguese Case (JEL C10, E32)

by Hugo J. Reis2005-09
(Nov 2005)
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The Pricing Behaviour of Firms in the Euro Area: New Survey Evidence (JEL D40, E30)

by Fernando Martins, A. Stokman, B. Landau, C. Kwapil, C. Loupias, H. Stahl, I. Hernando, M. Druant, R. Sabbatini, S. Fabiani, T. Mathä2005-10
(Nov 2005)
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Consumption Taxes and Redistribution (JEL D63, E62, H20)

by Isabel Horta Correia2005-11
(Nov 2005)
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Time or State Dependent Price Setting Rules? Evidence from Portuguese Micro Data (JEL C41, D40, E31)

by Daniel Dias, Carlos Robalo Marques, J.M.C.Santos Silva2005-08
(Jun 2005)
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Intermediation costs, investor protection (JEL E60, G38, O11)

by António R. Antunes, Tiago V. de V. Cavalcanti, Anne Villamil2005-07
(Jun 2005)
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Price setting in the euro area: Some stylized facts from Individual Consumer Price Data (JEL C25, D40, E31)

by Emmanuel Dhyne, Luis J. Álvarez, Hervé Le Bihan, Giovanni Veronese, Daniel Dias, Johannes Hoffmann, Nicole Jonker, Patrick Lünnemann, Fabio Rumler, Jouko Vilmunen2005-06
(Jun 2005)
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Household wealth in Portugal: 1980-2004 (JEL C82, G19, O16)

by Fátima Cardoso, Vanda Geraldes da Cunha2005-04
(Jun 2005)
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Analysis of delinquent firms using multi-state transitions (JEL C15, C41, G28, G33)

by António R. Antunes2005-05
(Jun 2005)
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Using Mean Reversion as a Measure of Persistence (JEL C22, E31, E52)

by Daniel Dias, Carlos Robalo Marques2005-03
(Mar 2005)
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Forecasting Inflation Through a Bottom-Up Approach: The Portuguese Case (JEL C22, C32, C43, C53, E31, E37)

by Cláudia Duarte, António Rua2005-02
(Mar 2005)
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SEAM: A Small-Scale Euro Area Model With Forward-Looking Elements (JEL C3, C5, E2)

by José Brandão de Brito, Rita Duarte2005-01
(Mar 2005)
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2004

Accounting for the Hidden Economy: