Susana Peralta, Bruno Carvalho and João Pereira dos Santos have a new working paper where they investigate the effect of the Covid-19 pandemic in private consumption in Portugal. Using monthly data from sybs, the main provider of point of sale terminals and on-line payments in Portugal, they investigate the break in individual transactions by comparing […]
Professors Pedro Brinca and João Duarte, alongside FED investigator Miguel Ferreira-e-Castro have developed a model to measure labour demand and supply shocks during the outbreak of the Covid-19 pandemic, focusing on data from the months of April and May (The Great Lockdown). Results show that a a significnt extent of the shock in labour working […]
(…) Two former students from Nova, Luís Fonseca and Miguel Aguiar, have summoned the Simpsons to explain the algebra and illustrate the mechanism.