Confidence and the transmission of government expenditure shocks: the case of Portugal
Autor(a) principal: | |
---|---|
Data de Publicação: | 2017 |
Tipo de documento: | Dissertação |
Idioma: | eng |
Título da fonte: | Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
Texto Completo: | http://hdl.handle.net/10362/22246 |
Resumo: | This thesis investigates the confidence channel through which shifts in government expenditure can affect the Portuguese economic activity, using a linear structural Vector Autoregressive model from 1995 to 2016. The impulse responses are constructed to analyze the impact of government spending measures on output, in a model where confidence is not included, to isolate the direct effect of government expenditure on output, and in a model with confidence, to account for an indirect effect through confidence. Overall, the findings suggest that neither consumer confidence nor business confidence play a crucial role in the propagation of public spending shocks into output. |
id |
RCAP_a3e695565adc031b954509a6a0066172 |
---|---|
oai_identifier_str |
oai:run.unl.pt:10362/22246 |
network_acronym_str |
RCAP |
network_name_str |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
repository_id_str |
7160 |
spelling |
Confidence and the transmission of government expenditure shocks: the case of PortugalConsumer and business confidenceGovernment expenditureOutputPortugalDomínio/Área Científica::Ciências Sociais::Economia e GestãoThis thesis investigates the confidence channel through which shifts in government expenditure can affect the Portuguese economic activity, using a linear structural Vector Autoregressive model from 1995 to 2016. The impulse responses are constructed to analyze the impact of government spending measures on output, in a model where confidence is not included, to isolate the direct effect of government expenditure on output, and in a model with confidence, to account for an indirect effect through confidence. Overall, the findings suggest that neither consumer confidence nor business confidence play a crucial role in the propagation of public spending shocks into output.Rodrigues, Paulo Manuel MarquesLieb, LenardRUNVarela, Ana Cristina dos Reis Mendes2017-07-28T11:18:32Z2017-01-202017-01-20T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/masterThesisapplication/pdfapplication/pdfhttp://hdl.handle.net/10362/22246TID:201716712enginfo: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:RCAAP2024-03-11T04:09:42Zoai:run.unl.pt:10362/22246Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-20T03:27:12.580524Repositório 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 |
Confidence and the transmission of government expenditure shocks: the case of Portugal |
title |
Confidence and the transmission of government expenditure shocks: the case of Portugal |
spellingShingle |
Confidence and the transmission of government expenditure shocks: the case of Portugal Varela, Ana Cristina dos Reis Mendes Consumer and business confidence Government expenditure Output Portugal Domínio/Área Científica::Ciências Sociais::Economia e Gestão |
title_short |
Confidence and the transmission of government expenditure shocks: the case of Portugal |
title_full |
Confidence and the transmission of government expenditure shocks: the case of Portugal |
title_fullStr |
Confidence and the transmission of government expenditure shocks: the case of Portugal |
title_full_unstemmed |
Confidence and the transmission of government expenditure shocks: the case of Portugal |
title_sort |
Confidence and the transmission of government expenditure shocks: the case of Portugal |
author |
Varela, Ana Cristina dos Reis Mendes |
author_facet |
Varela, Ana Cristina dos Reis Mendes |
author_role |
author |
dc.contributor.none.fl_str_mv |
Rodrigues, Paulo Manuel Marques Lieb, Lenard RUN |
dc.contributor.author.fl_str_mv |
Varela, Ana Cristina dos Reis Mendes |
dc.subject.por.fl_str_mv |
Consumer and business confidence Government expenditure Output Portugal Domínio/Área Científica::Ciências Sociais::Economia e Gestão |
topic |
Consumer and business confidence Government expenditure Output Portugal Domínio/Área Científica::Ciências Sociais::Economia e Gestão |
description |
This thesis investigates the confidence channel through which shifts in government expenditure can affect the Portuguese economic activity, using a linear structural Vector Autoregressive model from 1995 to 2016. The impulse responses are constructed to analyze the impact of government spending measures on output, in a model where confidence is not included, to isolate the direct effect of government expenditure on output, and in a model with confidence, to account for an indirect effect through confidence. Overall, the findings suggest that neither consumer confidence nor business confidence play a crucial role in the propagation of public spending shocks into output. |
publishDate |
2017 |
dc.date.none.fl_str_mv |
2017-07-28T11:18:32Z 2017-01-20 2017-01-20T00:00:00Z |
dc.type.status.fl_str_mv |
info:eu-repo/semantics/publishedVersion |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/masterThesis |
format |
masterThesis |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
http://hdl.handle.net/10362/22246 TID:201716712 |
url |
http://hdl.handle.net/10362/22246 |
identifier_str_mv |
TID:201716712 |
dc.language.iso.fl_str_mv |
eng |
language |
eng |
dc.rights.driver.fl_str_mv |
info:eu-repo/semantics/openAccess |
eu_rights_str_mv |
openAccess |
dc.format.none.fl_str_mv |
application/pdf application/pdf |
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 |
instname_str |
Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
instacron_str |
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 |
repository.mail.fl_str_mv |
|
_version_ |
1799137901112459264 |