Reforms and external balances in Southern Europe and Ireland
Autor(a) principal: | |
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Data de Publicação: | 2018 |
Tipo de documento: | Artigo |
Idioma: | eng |
Título da fonte: | Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
Texto Completo: | http://hdl.handle.net/10400.5/16004 |
Resumo: | High external deficits in Greece, Ireland, Portugal and Spain are widely regarded as culprits of the post-2008 financial crises in the eurozone. This paper examines the main drivers of those imbalances and discusses how the mix of macroeconomic adjustment and structural reforms implemented in the last few years has affected the evolution of those countries’ external positions. The analysis combines modern theories of the current account and of the real exchange rate with panel data regressions to shed light on the standing of those economies’ external “competitiveness” broadly defined. |
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Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
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Reforms and external balances in Southern Europe and IrelandHigh external deficits in Greece, Ireland, Portugal and Spain are widely regarded as culprits of the post-2008 financial crises in the eurozone. This paper examines the main drivers of those imbalances and discusses how the mix of macroeconomic adjustment and structural reforms implemented in the last few years has affected the evolution of those countries’ external positions. The analysis combines modern theories of the current account and of the real exchange rate with panel data regressions to shed light on the standing of those economies’ external “competitiveness” broadly defined.ISEG - REM - Research in Economics and MathematicsRepositório da Universidade de LisboaCatão, Luís A. V.2018-09-28T14:08:15Z2018-022018-02-01T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/10400.5/16004engCatão, Luís A. V. (2018). "Reforms and external balances in Southern Europe and Ireland". Instituto Superior de Economia e Gestão – REM Working papers nº 027 - 20182184-108Xinfo:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2023-03-06T14:45:52Zoai:www.repository.utl.pt:10400.5/16004Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T17:01:31.029046Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse |
dc.title.none.fl_str_mv |
Reforms and external balances in Southern Europe and Ireland |
title |
Reforms and external balances in Southern Europe and Ireland |
spellingShingle |
Reforms and external balances in Southern Europe and Ireland Catão, Luís A. V. |
title_short |
Reforms and external balances in Southern Europe and Ireland |
title_full |
Reforms and external balances in Southern Europe and Ireland |
title_fullStr |
Reforms and external balances in Southern Europe and Ireland |
title_full_unstemmed |
Reforms and external balances in Southern Europe and Ireland |
title_sort |
Reforms and external balances in Southern Europe and Ireland |
author |
Catão, Luís A. V. |
author_facet |
Catão, Luís A. V. |
author_role |
author |
dc.contributor.none.fl_str_mv |
Repositório da Universidade de Lisboa |
dc.contributor.author.fl_str_mv |
Catão, Luís A. V. |
description |
High external deficits in Greece, Ireland, Portugal and Spain are widely regarded as culprits of the post-2008 financial crises in the eurozone. This paper examines the main drivers of those imbalances and discusses how the mix of macroeconomic adjustment and structural reforms implemented in the last few years has affected the evolution of those countries’ external positions. The analysis combines modern theories of the current account and of the real exchange rate with panel data regressions to shed light on the standing of those economies’ external “competitiveness” broadly defined. |
publishDate |
2018 |
dc.date.none.fl_str_mv |
2018-09-28T14:08:15Z 2018-02 2018-02-01T00:00:00Z |
dc.type.status.fl_str_mv |
info:eu-repo/semantics/publishedVersion |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/article |
format |
article |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
http://hdl.handle.net/10400.5/16004 |
url |
http://hdl.handle.net/10400.5/16004 |
dc.language.iso.fl_str_mv |
eng |
language |
eng |
dc.relation.none.fl_str_mv |
Catão, Luís A. V. (2018). "Reforms and external balances in Southern Europe and Ireland". Instituto Superior de Economia e Gestão – REM Working papers nº 027 - 2018 2184-108X |
dc.rights.driver.fl_str_mv |
info:eu-repo/semantics/openAccess |
eu_rights_str_mv |
openAccess |
dc.format.none.fl_str_mv |
application/pdf |
dc.publisher.none.fl_str_mv |
ISEG - REM - Research in Economics and Mathematics |
publisher.none.fl_str_mv |
ISEG - REM - Research in Economics and Mathematics |
dc.source.none.fl_str_mv |
reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação instacron:RCAAP |
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Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
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RCAAP |
institution |
RCAAP |
reponame_str |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
collection |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
repository.name.fl_str_mv |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
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1799131104038354944 |