[PDF] Top 20 Determinants of Portuguese external imbalances

... adjustment of the Portuguese economy to participation in the euro ...expectations of future output changes were found to represent more than 80% of the predicted Portuguese current ... See full document

... line of thought, firms with a higher growth of their assets tend to have more leverage in their ...ways of calculating will be the extraordinary profit, and this is the factor that influences the ... See full document

... level of debt, Rebelo (2006) and Chadha and Sharma (2015) argue that growth has a positive impact on the total ...more external debt when they finance ... See full document

... effects of a fiscal devaluation though a tax swap between VAT and labor income taxes use a model with price rigidities but competitive labor markets with flexible ...effects of a fiscal devaluation are ... See full document

... several determinants including audit report lag, size, leverage, profitability, audit fees, auditor independence, auditor tenure, and the size of the audit firm, but the issue remains neglected in the case ... See full document

... obtaining external finance, namely a greater rejection rate of bank loans, and higher interest rates in comparison to larger firms (Doove, Gibcus, Kwaak, Smit & Span, ...determinant of capital ... See full document

... the Portuguese economy is under a macroeconomic adjustment program aimed at correcting its public debt level and other macroeconomic ...lack of competitiveness, current account deficits and slow growth ... See full document

... outcome of this relation between age and compensation, empirical results were not ...behalf of the firm will be myopic. In addition, the discipline of the external labor market should be ... See full document

... side-effect of the catching-up ...the Portuguese per capita income has become rather stagnant since 2001, despite Portugal has been having an average current account deficit around 10 percentage points ... See full document

... analysis of the evolution of Portuguese government bonds yields in order to identify their main determinants for the period between 2000 and 2016 using quarterly ...equation of the ... See full document

... times of economic downturns hotel fi rms cannot reduce costs as output ...levels of revenue to survive in times of lower ...proportion of the hotel performance, measured by RevPAR, is still ... See full document

... episodes of job search, and they report feeling more sad during job search the longer they are unemployed ...emotional determinants, independently of the ... See full document

... number of completed years of formal education was divided into four categories: <5, 5–9, 10–12 and >12 ...practice of physical exercise was assumed as the practice for at least 30 min per week ... See full document

... results of the ...results of an ordinary least squares estimation using model ...number of formal meetings. The productivity coefficient is of the expected sign and statistically significant  ... See full document

... The empiIical evidence obtained in this study lets us conclude that leveI of tangible assets, and above ali company size, are relevant specific determinants for listed Portuguese compa[r] ... See full document

... reduction of the 10 year Portuguese government bond yield spread in relation to Germany was not due to an improvement in any of the variables that drove yields sky high back in ...tutelage of ... See full document

... The number of estimates corresponding to over and underestimation is shown in table no. It is, therefore, not surprising that the model's structure and basic assu[r] ... See full document

... 1. Fiscal Stability: This value indicates how stable the corporate income tax rate is in a subsidiary location. This is important as parent companies want to be able to trust that their reasoning behind the decision will ... See full document

... examination of oral health status was carried out according to the World Health Organization (WHO) criteria 16 ...use of a dental mirror and a probe (approved by the WHO for caries diagnosis) and took place ... See full document

... effect of this variable becomes more important in cross-sectional analyses, since there is low variation between seasons in the total number of wet ...summary of variables: ... See full document