We study the mechanisms according to which social infrastructure influences the preservation of physical capital and, consequently, economic growth. The model considers that social infrastructure is a specific type of human capital, which acts in order to preserve already existing physical...

We address intertemporal utility maximization under a general discount function that nests the exponential discounting and the quasi-hyperbolic discounting cases as particular specifi?cations. The suggested framework intends to capture one important anomaly typically found when addressing the...

: In this paper we study business cycle correlations in the Eurozone, and its determinants. Additionally, we also analyze the determinants of the lead and lag behavior of business cycles in the Eurozone. We explore the relevance, in the Eurozone context, of the determinants of business cycle...

The best known equilibrium strategies of multiplayer bargaining dene that the agreement is established at the rst moment. In this paper two new subgame perfect Nash equilibria strategies are proposed, one in which the agreement moment is delayed for T 1 periods and one other in which the...

International trade grew substantially throughout the last decades and international relations became more important for the economic performance of the countries. Simultaneously new poles emerged in the international arena leading to growing competition for higher market shares. Therefore,...

This paper aims to look into contemporary thinking within the brand equity paradigm, with a view to establishing avenues for further research on the drivers of brand value formation, enabling a more in-depth understanding of the antecedents of brand equity and its determinants, as well as the...

This study examines the influence of different corporate social responsibility (CSR) dimensions on prospective applicants’ responses, namely organizational attractiveness and intention to apply for a job vacancy. Using an experimental 2 x 3 crossed factorial design (n=195), the level of...

A new market poses many questions for potential entrants. Among the most pertinent ones are which factors contribute to firm’s survival. But whether the same factor is equally beneficial at the time of entry and at a later stage has been rarely addressed. Consequently, we explore the dynamism...

The analysis of health inequalities is a critical topic for health policy. With data for Portugal, we propose a procedure to convert information provided by the official National Health Survey to EuroQol. Based on these data, we make two contributions. First, we extend measures and methods...

Yes, indeed; at least when it comes to fiscal and monetary policy interaction. We examine a Neo-Classical economy, where agents have either rational or adaptive expectations. We demonstrate that the monetarist solution can be unique and stationary under a passive fiscal/active monetary policy...