This paper provides evidence of the quality of private sector forecasts of the budget balance between 1993 and 2009 for a sample of 29 countries, grouped into advanced and emerging countries. (…)
We use a growth model in which saving, fertility and labour market participation are endogenous, to quantify the cost that barriers to female labour force participation impose in terms of an economy’s output. (…)
The globalization of world markets has prompted firms’ search for benefits of international tax differentials. In this paper we consider a simple world with two countries and two multinationals with a division in each country. (…)
This short introduction is centered on organizing thoughts at an abstract but simple level on the difficulties of reducing debt and on presenting data on debt in Portugal. (…)
This paper presents the argument for a fiscal devaluation as a policy to adjust to external imbalances within the eurozone applied to the case of Portugal. (…)
Over the recent years, decentralization has been adopted in many health systems. The question however remains of whether local actors do better than the central government. (…)
We study the impact of transfer pricing rules on prices, firms’ organizational structure, and consumers’ utility in a two-country monopolistic competition model with source-based profit taxes. (…)