The Effect of Economic Policy Uncertainty on the Credit Risk of US Commercial Banks
De La Orden De La Cruz, M. C., Paule-Vianez, J., & Lobão, J. (2023). The Effect of Economic Policy Uncertainty on the Credit Risk of US Commercial Banks. International Journal of Finance and Economics, 28, 3420-3436.
Reassessing bank monitoring models: An empirical analysis of the value of market signals in the period 2008-2020
Costa, T., Lobão, J., & Pacheco, L. (2023). Reassessing bank monitoring models: An empirical analysis of the value of market signals in the period 2008-2020. Journal of Banking Regulation, 24, 206-227.
Endogenous growth and monetary policy: How do interest-rate feedback rules shape nominal and real transitional dynamics?
Gil, P. M., Gustavo Iglésias and Luís Guimarães (2023); "Endogenous growth and monetary policy: How do interest-rate feedback rules shape nominal and real transitional dynamics?", Journal of International Money and Finance, 138, 102939.
The persistence of wages
Carneiro, Anabela, Pedro Portugal, Pedro Raposo and Paulo Rodrigues (2023); "The persistence of wages", Journal of Econometrics, 233(2), pp. 596-611.
Explaining the Labor Share: Automation vs Labor Market Institutions
Guimarães, Luís and Pedro Mazeda Gil (2022); “Explaining the Labor Share: Automation vs Labor Market Institutions”, Labour Economics, 75, 102146.
O Programa de Ajustamento Económico para Portugal, 2011-2014: um cenário contrafactual plausível
Pinho, Manuel Correia de and Maria Manuel Pinho (2022); "O Programa de Ajustamento Económico para Portugal, 2011-2014: um cenário contrafactual plausível", Notas Económicas, 55, pp. 67-96.
Covid-19: What if Immunity Wanes?
Çenesiz, Alper and Luís Guimarães (2022); “Covid-19: What if Immunity Wanes?”, Canadian Journal of Economics, 55(S1), pp. 626-664.
Hysteresis and sources of aggregate employment inertia
Mota, Paulo R. and Paulo B. Vasconcelos (2022); "Hysteresis and sources of aggregate employment inertia", Studies in Nonlinear Dynamics & Econometrics, 26(1), pp. 137-154.
Price effects of unconventional monetary policy announcements on European securities markets
Ferreira, E. and A. P. Serra (2022); "Price effects of unconventional monetary policy announcements on European securities markets", Journal of International Money and Finance, 122, 102558.
Growth and wage effects of the monetary policy
Óscar Afonso (2022); “Growth and wage effects of the monetary policy”, International Journal of Finance & Economics, 27(4), special issue, pp. 4058-4084.
Looking Ahead at the Effects of Automation in an Economy with Matching Frictions
Guimarães, Luís and Pedro Mazeda Gil (2022); "Looking Ahead at the Effects of Automation in an Economy with Matching Frictions", Journal of Economic Dynamics and Control, 144, 104538.
The Oscar goes to … robots or humans? Competition in a directed technical change model with monetary policy
Oscar Afonso (2023) The Oscar goes to … robots or humans? Competition in a directed technical change model with monetary policy, Economics of Innovation and New Technology, 32:3, 323-342.
Inflation, Complexity and Endogenous Growth
Sequeira, Tiago, Pedro Mazeda Gil and Óscar Afonso (2021); “Inflation, Complexity and Endogenous Growth”, Applied Economics, 53 (23), pp. 2631-2646.
The impact of the ECB’s asset purchase programme on euro area equities
Farinha,. J. and J. Vidrago (2021); "The impact of the ECB’s asset purchase programme on euro area equities", The Quarterly Review of Economics and Finance, 82, pp. 270-279.
Antibody Tests: They Are More Important Than We Thought
Luís Guimarães (2021); "Antibody Tests: They Are More Important Than We Thought", Journal of Mathematical Economics, 93, 102485.
The effects of offshoring on wages: a meta-analysis
Cardoso, M., P. C. Neves, Óscar Afonso and E. Sochirca (2021); “The effects of offshoring on wages: a meta-analysis”, Review of World Economics, 157, pp. 149–179.
The impact of the ECB’s asset purchase programme on core and peripheral sovereign yields and its transmission channels
Farinha, Jorge Bento and José Vidrago (2021); "The impact of the ECB’s asset purchase programme on core and peripheral sovereign yields and its transmission channels", The Journal of Economic Asymmetries, 24, e00213.
The Sources of the Wage Losses of Displaced Workers: The Role of the Reallocation of Workers into Firms, Matches, and Job Titles
Raposo, P., Portugal, P. and Anabela Carneiro (2021); "The Sources of the Wage Losses of Displaced Workers: The Role of the Reallocation of Workers into Firms, Matches, and Job Titles", Journal of Human Resources, 56(3), pp. 786-820.
Bond vs Bank Finance and the Great Recession
Martins, Manuel M. F. and Fábio Verona (2021); “Bond vs Bank Finance and the Great Recession”, Finance Research Letters, 39, 101583.
Okun’s Law Across Time and Frequencies
Aguiar-Conraria, Luís , Manuel M. F. Martins and Maria Joana Soares (2020); "Okun’s Law Across Time and Frequencies", Journal of Economic Dynamics and Control, 116, 103897.
Illiquidity as a signal
Jorge, José and Charles M. Kahn (2020); "Illiquidity as a signal", Journal of Financial Stability, 50, 100773.
Endogenous Growth and Real Effects of Monetary Policy: R&D and Physical Capital Complementarities
Gil, Pedro Mazeda and Gustavo Iglésias (2020); "Endogenous Growth and Real Effects of Monetary Policy: R&D and Physical Capital Complementarities", Journal of Money, Credit and Banking, 52(5), pp. 1147-1197.
Entrepreneurship and Happiness: Does National Culture Matter?
Teixeira, A.A.C. and R. Vasque (2020); "Entrepreneurship and Happiness: Does National Culture Matter?", Journal of Developmental Entrepreneurship, 25(1), 2050007.
Determinants shaping the international currency system: Where do currencies stand relative to their equilibria?
Siranova, M. and Manuel Duarte Rocha (2020); "Determinants shaping the international currency system: Where do currencies stand relative to their equilibria?", The World Economy, 43(2), pp.458-483.
Sticky Price Models, Durable Goods and Real Wage Rigidities
Çenesiz, Alper and Luís Guimarães (2019); "Sticky Price Models, Durable Goods and Real Wage Rigidities", Journal of Money Credit and Banking, 51(2-3), pp. 721-737.
Low Skill Wages and Mismeasured Inflation
Guimarães, Luís (2019); "Low Skill Wages and Mismeasured Inflation", Applied Economics Letters, 26, pp. 909-913.
How powerful are trade unions? A skill-biased technological change approach
Neto, António, Óscar Afonso and Sandra Silva (2019); "How powerful are trade unions? A skill-biased technological change approach", Macroeconomic Dynamics, 23(2), pp. 730-774.
Residential Property Loans and Bank Performance during Property Price Booms: Evidence from Europe
Martins, A. M., A. P. Serra, F. V. Martins and S. Stevenson (2019); "Residential Property Loans and Bank Performance during Property Price Booms: Evidence from Europe", Annals of Economics and Finance, 20(1), pp. 247-295.
Measuring the stock of human capital in Cape Verde, 1950-2012
Moreira, S., Pedro Cosme Vieira and Aurora Teixeira (2019); "Measuring the stock of human capital in Cape Verde, 1950-2012 ", Portuguese Journal of Social Science, 18(2), pp. 229-251.
Does the deposits channel work under a low interest rate environment?
Sá, Ana Isabel and José Jorge (2019); “Does the deposits channel work under a low interest rate environment?”, Economics Letters, 185, 108736.
Investment, Tobin's Q, and Cash Flow Across Time and Frequencies
Verona, Fabio (2019); "Investment, Tobin's Q, and Cash Flow Across Time and Frequencies", Oxford Bulletin of Economics and Statistics, 82, 2, pp. 331-346.
Estimating the Taylor Rule in the Time-Frequency Domain
Aguiar-Conraria, Luís, Manuel M. F. Martins, and Maria Joana Soares (2018); "Estimating the Taylor Rule in the Time-Frequency Domain", Journal of Macroeconomics, 57, pp. 122-137.
Who cares about the day after tomorrow? Pension issues when households are myopic or time inconsistent
Börsch-Supan A., K. Härtl and D. N. Leite (2018); "Who cares about the day after tomorrow? Pension issues when households are myopic or time inconsistent", Review of Development Economics, 22(3), pp. 953-989.
Earnings test, non-actuarial adjustments and flexible retirement
Börsch-Supan A., K. Härtl and D.N. Leite (2018); "Earnings test, non-actuarial adjustments and flexible retirement", Economics Letters, 173, pp. 78-83.
Bridging the Gap between Economic Modelling and Simulation: A Simple Dynamic Aggregate Demand-Aggregate Supply Model with Matlab
Gaspar, José M. (2018); "Bridging the Gap between Economic Modelling and Simulation: A Simple Dynamic Aggregate Demand-Aggregate Supply Model with Matlab", Journal of Applied Mathematics, 3193068.
Should the ECB coordinate EMU fiscal policies?
Kirsanova, T., C. Machado and A.P. Ribeiro (2018); "Should the ECB coordinate EMU fiscal policies?", International Journal of Central Banking.
Endogenous growth and entropy
Sequeira, T.N., Pedro Mazeda Gil and Óscar Afonso (2018); "Endogenous growth and entropy", Journal of Economic Behavior & Organization, 154, pp. 100-120.
Optimal discretionary monetary and fiscal policies in a country-size heterogeneous monetary union
Vieira, Paulo, C. Machado and A.P. Ribeiro (2018); "Optimal discretionary monetary and fiscal policies in a country-size heterogeneous monetary union", Journal of Economic Dynamics and Control, 93, pp. 154-174.
Business cycle synchronization across U.S. states
Aguiar-Conraria, Luís, Pedro Brinca, Haukur Viðar Guðjónsson and Maria Joana Soares (2017); "Business cycle synchronization across U.S. states", B.E. Journal of Macroeconomics, 17(1), pp. 1-15.
An empirical analysis of the demographic trends in Least Developed Countries
Nagarajan, R., A.A.C. Teixeira and S. T. Silva (2017); An empirical analysis of the demographic trends in Least Developed Countries, Ageing International, 42(3), pp. 251-273.
Accounting for Business Cycles
Brinca, Pedro, V.V. Chari, Patrick J., Kehoe and Ellen McGrattan (2016); "Accounting for Business Cycles", Handbook of Macroeconomics, 2, pp. 1013-1063.
Is stochastic Volatility Relevant for Dynamic Portfolio Choice Under Ambiguity?
Faria, Gonçalo and João Correia-da-Silva (2016); Is stochastic Volatility Relevant for Dynamic Portfolio Choice Under Ambiguity?, European Journal of Finance, 22(7), pp. 601-626.
A Note on Skill-Structure Shocks, the Share of the High-Tech Sector and Economic Growth Dynamics
Gil, Pedro Mazeda, Óscar Afonso and Paulo B. Vasconcelos (2016); "A Note on Skill-Structure Shocks, the Share of the High-Tech Sector and Economic Growth Dynamics", Macroeconomic Dynamics, 20(7), pp. 1906-1923.
Effects of Political Rivalry On Public Investments in Education and Income Inequality
Sochirca, Elena, Óscar Afonso, Sandra T. Silva and Pedro C. Neves (2016); "Effects of Political Rivalry On Public Investments in Education and Income Inequality", Journal of Policy Modeling, 38(2), pp. 372-396.
Labour market regulation and collective bargaining in Portugal during the crisis: Continuity and change
Távora, Isabel and Pilar González (2016); "Labour market regulation and collective bargaining in Portugal during the crisis: Continuity and change", European Journal of Industrial Relations, 22(3), pp. 251-265.
Time-frequency characterization of the U.S. financial cycle
Verona, Fabio (2016); "Time-frequency characterization of the U.S. financial cycle", Economics Letters, 144, pp. 75-79.
Assessing Welfare Impacts of Some Debt-Consolidation Episodes in the European Union
Viegas, Miguel and Ana Paula Ribeiro (2016); "Assessing Welfare Impacts of Some Debt-Consolidation Episodes in the European Union", Macroeconomic Dynamics, 20(5), pp. 1146-1173.
Sports and (Real) Business Cycles
Çenesiz, M. Alper and Christian Pierdzioch (2015); "Sports and (Real) Business Cycles", Applied Economics Letters, 22(3), pp. 233-238.
Do stress tests matter? A study on the impact of the disclosure of stress test results on European financial stocks and CDS markets
Alves, Carlos, Victor Mendes and Paulo Pereira Silva (2015); "Do stress tests matter? A study on the impact of the disclosure of stress test results on European financial stocks and CDS markets", Applied Economics, 47(12), pp. 1213-1229.
A hysteresis model-based indicator for employment adjustment rigidity
Mota, Paulo Ricardo, José Varejão and Paulo B. Vasconcelos (2015); "A hysteresis model-based indicator for employment adjustment rigidity", Empirica, 42(3), pp. 547-569.
A Relação entre o Produto e o Desemprego: Evidência Nacional e Regional em Portugal
Pinho, Maria Manuel and Manuel Correia de Pinho (2015); "A Relação entre o Produto e o Desemprego: Evidência Nacional e Regional em Portugal", Revista Portuguesa de Estudos Regionais, 38, pp. 19-36.
Welfare and inequality effects of debt consolidation processes: the case of Spain, 1996–2007
Viegas, Miguel and Ana Paula Ribeiro (2015); "Welfare and inequality effects of debt consolidation processes: the case of Spain, 1996–2007", SERIEs, 6(4), pp. 479–496.
The Economic Adjustment Program for Portugal: Assessing Welfare Impact in a Heterogeneous-agent Framework
Viegas, Miguel and Ana Paula Ribeiro (2014); "The Economic Adjustment Program for Portugal: Assessing Welfare Impact in a Heterogeneous-agent Framework", Portuguese Economic Journal, 13(1), pp. 53-70.
Investment dynamics with information costs
Verona, Fabio (2014); "Investment dynamics with information costs", Journal of Money Credit and Banking, 46(8), pp. 1627-1656.
Pervasive inattentiveness
Verona, Fabio (2014); "Pervasive inattentiveness", Economics Letters, 125(2), pp. 287-290.
Catastrophic Job Destruction During the Portuguese Economic Crisis
Carneiro, Anabela, Pedro Portugal and José Varejão (2014); "Catastrophic Job Destruction During the Portuguese Economic Crisis", Journal of Macroeconomics, 39, pp. 444-457.
Welfare-improving Government Behavior and Inequality in a Heterogeneous Agents Model
Viegas, Miguel and Ana Paula Ribeiro (2013); "Welfare-improving Government Behavior and Inequality in a Heterogeneous Agents Model", Journal of Macroeconomics, 37, pp. 146-160.
(Un)anticipated Monetary Policy in a DSGE Model with a Shadow Banking System
Verona, Fabio, Manuel M. F. Martins and Inês Drumond (2013); "(Un)anticipated Monetary Policy in a DSGE Model with a Shadow Banking System", International Journal of Central Banking, 9(3), pp. 73-117.
Animal Spirits and the Composition of Innovation in a Lab-Equipment R&D Model with Transition
Gil, Pedro (2013); "Animal Spirits and the Composition of Innovation in a Lab-Equipment R&D Model with Transition", Journal of Economics, 108(1), pp. 1-33.
The Dutch Experience: Assessing the Welfare Impacts of Two Consolidation Strategies Using a Heterogeneous-agent Framework
Viegas, Miguel and Ana Paula Ribeiro (2013); "The Dutch Experience: Assessing the Welfare Impacts of Two Consolidation Strategies Using a Heterogeneous-agent Framework", Economic Modelling, 32, pp. 351-360.
Anchoring to the Euro (and grouped together)? The Case of African Countries
Loureiro, João, Manuel M. F. Martins and Ana Paula Ribeiro (2012); "Anchoring to the Euro (and grouped together)? The Case of African Countries", Journal of African Economies, 21(1), pp. 28-64.
Interest Rate Pass-through in Portugal: Interactions, Asymmetries and Heterogeneities
Rocha, Manuel Duarte (2012); "Interest Rate Pass-through in Portugal: Interactions, Asymmetries and Heterogeneities", Journal of Policy Modeling, 34(1), pp. 64-80.
The Yield Curve and the Macro-economy across Time and Frequencies
Aguiar-Conraria, Luís, Manuel M. F. Martins and Maria Joana Soares (2012); "The Yield Curve and the Macro-economy across Time and Frequencies", Journal of Economic Dynamics and Control, 36(12), pp. 1950-1970.
Real Wages and the Business Cycle: Accounting for Worker, Firm, and Job Title Heterogeneity
Carneiro, Anabela, Paulo Guimarães and Pedro Portugal (2012); "Real Wages and the Business Cycle: Accounting for Worker, Firm, and Job Title Heterogeneity", American Economic Journal: Macroeconomics, 4(2), pp. 133-152.
Level, Slope, Curvature of the Sovereign Yield Curve, and Fiscal Behaviour
Afonso, António and Manuel M. F. Martins (2012); "Level, Slope, Curvature of the Sovereign Yield Curve, and Fiscal Behaviour", Journal of Banking and Finance, 36(6), pp. 1789-1807.
The Euro Area Ten Years After Its Creation: (Divergent) Competitiveness and the Optimum Currency Area Theory
Barbosa, João Rebelo and Rui Henrique Alves (2011); "The Euro Area Ten Years After Its Creation: (Divergent) Competitiveness and the Optimum Currency Area Theory", Panoeconomicus, 58(5), pp. 605-629.
Capital Mobility and Labor Market Volatility
Çenesiz, M. Alper and Christian Pierdzioch (2010); "Capital Mobility and Labor Market Volatility", International Economics and Economic Policy, 7(4), pp. 391-409.
Foreign Ownership and Firm Hazard During Crises: The Moderating Role of Industry's Technological Intensity
Varum, Celeste, Vera Rocha and Hélder Valente da Silva (2010); "Foreign Ownership and Firm Hazard During Crises: The Moderating Role of Industry's Technological Intensity", The Empirical Economics Letters, 9(12), pp. 1132 -1137.
Cape Verde: The Case for Euroization
Loureiro, João, Manuel António Martins and Ana Paula Ribeiro (2010); "Cape Verde: The Case for Euroization", South African Journal of Economics, 78 (3), pp. 248-268.
Financial Market Integration, Costs of Adjusting Hours Worked, and Monetary Policy
Çenesiz, M. Alper and Christian Pierdzioch (2010); "Financial Market Integration, Costs of Adjusting Hours Worked, and Monetary Policy", Economic Notes: Review of Banking Finance & Economic Policy, 39(1-2), pp. 1-25.
Efficiency Wages, Financial Market Integration, and the Fiscal Multiplier
Çenesiz, M. Alper and Christian Pierdzioch (2009); "Efficiency Wages, Financial Market Integration, and the Fiscal Multiplier", Journal of International Money and Finance, 28 (5), pp. 853-867.
Monetary Policy and the Transition Costs of a Labor Market Reform
Aguiar, Álvaro and Ana Paula Ribeiro (2009); "Monetary Policy and the Transition Costs of a Labor Market Reform", Journal of Macroeconomics, 31(4), pp. 547-560.
Public Deficits and Economic Growth
Afonso, Óscar, Rui Henrique Alves and Paulo B. Vasconcelos (2009);"Public Deficits and Economic Growth", Economic Modelling, 26(5), pp. 1101-1109.
Why Do Bank Loans React with a Delay to Shifts in Interest Rates? A Bank Capital Explanation
Jorge, José (2009); "Why Do Bank Loans React with a Delay to Shifts in Interest Rates? A Bank Capital Explanation", Economic Modelling, 26(5), pp. 799-806.
The Role of Interbank Markets in Monetary Policy: A Model with Rationing
Freixas, Xavier and José Jorge (2008); "The Role of Interbank Markets in Monetary Policy: A Model with Rationing", Journal of Money, Credit and Banking, 40(6), pp. 1151-1176.
Testing the Significance and the Non-linearity of the Phillips Trade-off in the Euro Area
Aguiar, Álvaro and Manuel M. F. Martins (2005); "Testing the Significance and the Non-linearity of the Phillips Trade-off in the Euro Area", Empirical Economics, 30(3), pp. 665-691.