ISEG - Lisbon School of Economics & Management is hosting the 82nd Annual Congress of the International Institute of Public Finance (IIPF), one of the world's most prestigious gatherings in the field ...

Increasing budget deficits and rising government debts are likely to entail fierce political battles—not least between taxpayers and public-sector workers

This paper studies the impact of monetary policy on fiscal sustainability in the euro area. We extend a standard fiscal reaction function by introduci…

This study examines the macroeconomic returns on public and private investments in 18 advanced economies from 1965 to 2019 using a Vector Autoregressive (VAR) approach. By exploring the interplay b...

We examine the impact of surprise shocks on real output and price levels, conditioned on different fiscal stances, using quarterly data from 2001Q4 to…

Fiscal policy is an important tool for stimulating economic growth. Thus, in this paper, we assess empirically the role of the World Bank's Country Policy so-called fiscal policy rating variables (fi....

Excellence in academic research is one of the pillars of ISEG's PhD programme in Economics. António Afonso, the programme's coordinator, highlights the highly…

UECE (Research Unit on Complexity and Economics), REM and ISEG are organising the 13th UECE Conference on Economic and Financial Adjustments. In this context we...