No presente artigo apresentamos a importância do processo empreendedor e uma resenha do empreendedorismo em Portugal e do seu posicionamento em termos internacionais. Analisamos os determinantes da intenção empreendedora de uma amostra de estudantes universitários do norte de Portugal a...

The current economic context brings new challenges for all countries in order to take action for fiscal adjustment, as a reaction for decreasing of public revenues, through lowering the tax base and the capacity to collect taxes, and for the inability to adjust the public expenditures. Fiscal...

In the setting of a dynamic general equilibrium model we ask the following question: What happens if the interest rate is settled exogenously in a level that differs from the one which emerges from equilibria in the markets? Although the subject of the setting of the interest rate by an external...

I construct a model of a small open economy in which government spending is necessary to mitigate transaction cost. This provides a simple raison d’etre for a government and generates features many sovereign default models do not have: taxes and government spending. Even though the government...

Many people are in danger of missing out on the welfare state that they helped to create. Many people are also missing out on having the chance of being a citizen in a welfare state, something that has been promised. Obviously we are talking about the Old EU Member states and of the New EU...

Tanzi and Schuknecht (1997) pointed out that one of the key features of welfare state is to run large fiscal deficits and public debt. This can be explained considering the rise of the social transfers that led to an overall increase of the total government spending. Growing public debt can...

The present paper integrates the empirical research on preference for redistribution. We analyze the influence of individual and socio-economic characteristics, beliefs, social identity and social class on individual preferences for redistribution. Macroeconomic conditions and the relative size...

As teorias sobre internacionalização sofrem até aos dias de hoje e compreensivelmente, influência significativa da Teoria Económica, mas parecem não contemplar aspetos relativos a competências relacionais quanto à entrada de organizações nacionais em mercados estrangeiros. Entendemos...

É reconhecido pela generalidade dos estudos científicos e dos resultados empresariais que o reforço da cultura de inovação, alinhada com a missão, visão e estratégia das organizações, pode potenciar um melhor desempenho traduzido em melhores resultados económico-financeiros, reforço...

This paper investigates the determinants of sovereign debt defaults using Extreme Bounds Analysis (EBA). The EBA approach is applied for 190 countries over the period 1970 2010 to determine whether economic and political factors are “robust” or “fragile”. This study finds that debt...