In the current context where the limited role for monetary policy instruments apparently endows fiscal policy with higher effectiveness, European fiscal policy authorities are rather constrained by the fact of most countries being struggling against recessions together with the need to put...

Although a myriad of important theoretical and empirical contributions on ageing populations exist, these contributions are diffuse and lack an integrated vision of the distinct mechanisms through which ageing populations impact on economic growth. As such, in this paper we survey the literature...

This article focuses on the location decision of firms when competing in a spatial Cournot duopoly. Our original contribution is that firms are dependent on a natural resource input, which is assumed to be located in one of the extremes of the market, to be able to produce the output sought by...

National Statistics Offices, Central Banks, and any other organisms and agencies producing statistical information, disseminate data so that the individual information is sufficiently protected. At the same time, those entities aim at providing society with as much information as possible under...

This study examines the effects of the introduction of the FASB statement 123 (R) on corporate performance and Chief Executive Officer (CEO) compensation in high-technology firms. The total CEO compensation and short- and long-term compensations were tested regarding corporate performance. Panel...

In this paper, we evaluate the effect of demand uncertainty on hospital costs. Since hospital managers want to minimize the probability of not having enough capacity to satisfy demand, hospitals have to build excess capacity since demand is uncertain, and incur on the associated costs. Using...

The purpose of this working paper is to identify the main factors that are at the origin of the Shadow Economy in Portugal, and to analyze its evolution over the period between 1977 and 2011. For the econometric analysis we used the Structural Model of Multiple Indicators and Multiple Causes -...

This research characterizes the motivations of paid employees in Private Social Solidarity Institutions (Instituições Particulares de Solidariedade Social – IPSS ), based on self-determination theory. It analyses the impact of types of motivation and employee identification with an...

This study examines the relationship between corporate performance and the Chief Executive Officer compensation in high-technology firms in the S&P 1500. The total CEO compensation and short and long-term compensations were tested regarding corporate performance. A panel data SUR model is...

We propose a two-stage model for dealing with the temporal degradation of credit scoring models. First, we develop a model from a classical framework, with a static supervised learning setting and binary output. Then, we introduce the time-changing economic factors, using a regression between...