Publication
Fiscal regime shifts in Portugal
| dc.contributor.author | Afonso, António | |
| dc.contributor.author | Claeys, Peter | |
| dc.contributor.author | Sousa, Ricardo M. | |
| dc.date.accessioned | 2018-06-21T08:05:58Z | |
| dc.date.available | 2018-06-21T08:05:58Z | |
| dc.date.issued | 2011-08 | |
| dc.description.abstract | We estimate changes in fiscal policy regimes in Portugal with a Markov Switching regression of fiscal policy rules for the period 1978– 2007, using a new dataset of fiscal quarterly series. We find evidence of a deficit bias, while repeated reversals of taxes making the budget procyclical. Economic booms have typically been used to relax tax pressure, especially during elections. One-off measures have been preferred over structural ones to contain the deficit during economic crises. The EU fiscal framework prompted temporary consolidation, but did not permanently change the budgeting process. | pt_PT |
| dc.description.version | info:eu-repo/semantics/publishedVersion | pt_PT |
| dc.identifier.citation | Afonso, António, Peter Claeys e Ricardo M. Sousa (2011). "Fiscal regime shifts in Portugal". Portuguese Economic Journal, 10(2):83-108 | pt_PT |
| dc.identifier.doi | 10.1007/s10258-010-0065-5 | pt_PT |
| dc.identifier.issn | 1617-982X (print) | |
| dc.identifier.issn | 1617-9838 (online) | |
| dc.identifier.uri | http://hdl.handle.net/10400.5/15668 | |
| dc.language.iso | eng | pt_PT |
| dc.peerreviewed | yes | pt_PT |
| dc.publisher | Springer Verlag | pt_PT |
| dc.subject | Fiscal regimes | pt_PT |
| dc.subject | Markov Switching | pt_PT |
| dc.subject | Portugal | pt_PT |
| dc.title | Fiscal regime shifts in Portugal | pt_PT |
| dc.type | journal article | |
| dspace.entity.type | Publication | |
| oaire.citation.conferencePlace | Lisboa | pt_PT |
| oaire.citation.endPage | 108 | pt_PT |
| oaire.citation.issue | 2 | pt_PT |
| oaire.citation.startPage | 83 | pt_PT |
| oaire.citation.title | Portuguese Economic Journal | pt_PT |
| oaire.citation.volume | 10 | pt_PT |
| rcaap.rights | closedAccess | pt_PT |
| rcaap.type | article | pt_PT |