The determinants of the behaviour of the income velocity of money in Portugal 1891-1998: an econometric approach

Detalhes bibliográficos
Autor(a) principal: Nunes, Ana Bela
Data de Publicação: 2011
Outros Autores: St. Aubyn, Miguel, Valério, Nuno, Sousa, Rita Martins de
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: http://hdl.handle.net/10400.5/2872
Resumo: This paper performs a long-run time series analysis of the behaviour of the income velocity of money in Portugal 1891-1998, and assesses the importance of both macroeconomic and institutional factors in shaping its path. We look for particularities of the Portuguese case in the international context. By means of a cointegrated vector autoregression, we find that institutional variables matter. Moreover, regression analysis shows that the general U-shaped pattern is displayed with the inflection point located in 1973, in line with the Spanish case.
id RCAP_b7d088bed9a43c2c8ef774096657fcae
oai_identifier_str oai:www.repository.utl.pt:10400.5/2872
network_acronym_str RCAP
network_name_str Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
repository_id_str 7160
spelling The determinants of the behaviour of the income velocity of money in Portugal 1891-1998: an econometric approachVelocity of MoneyPortugalCointegrationInstitutional DeterminantsThis paper performs a long-run time series analysis of the behaviour of the income velocity of money in Portugal 1891-1998, and assesses the importance of both macroeconomic and institutional factors in shaping its path. We look for particularities of the Portuguese case in the international context. By means of a cointegrated vector autoregression, we find that institutional variables matter. Moreover, regression analysis shows that the general U-shaped pattern is displayed with the inflection point located in 1973, in line with the Spanish case.ISEG - GHESRepositório da Universidade de LisboaNunes, Ana BelaSt. Aubyn, MiguelValério, NunoSousa, Rita Martins de2011-01-26T15:04:08Z20112011-01-01T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/10400.5/2872engNunes, Ana Bela ... [et al.]. (2011). "The determinants of the behaviour of the income velocity of money in Portugal 1891-1998: an econometric approach". Instituto Superior de Economia e Gestão – GHES Documento de Trabalho/Working Paper nº 45-2011info: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:RCAAP2023-12-17T01:31:25Zoai:www.repository.utl.pt:10400.5/2872Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T16:50:50.701512Repositório 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 The determinants of the behaviour of the income velocity of money in Portugal 1891-1998: an econometric approach
title The determinants of the behaviour of the income velocity of money in Portugal 1891-1998: an econometric approach
spellingShingle The determinants of the behaviour of the income velocity of money in Portugal 1891-1998: an econometric approach
Nunes, Ana Bela
Velocity of Money
Portugal
Cointegration
Institutional Determinants
title_short The determinants of the behaviour of the income velocity of money in Portugal 1891-1998: an econometric approach
title_full The determinants of the behaviour of the income velocity of money in Portugal 1891-1998: an econometric approach
title_fullStr The determinants of the behaviour of the income velocity of money in Portugal 1891-1998: an econometric approach
title_full_unstemmed The determinants of the behaviour of the income velocity of money in Portugal 1891-1998: an econometric approach
title_sort The determinants of the behaviour of the income velocity of money in Portugal 1891-1998: an econometric approach
author Nunes, Ana Bela
author_facet Nunes, Ana Bela
St. Aubyn, Miguel
Valério, Nuno
Sousa, Rita Martins de
author_role author
author2 St. Aubyn, Miguel
Valério, Nuno
Sousa, Rita Martins de
author2_role author
author
author
dc.contributor.none.fl_str_mv Repositório da Universidade de Lisboa
dc.contributor.author.fl_str_mv Nunes, Ana Bela
St. Aubyn, Miguel
Valério, Nuno
Sousa, Rita Martins de
dc.subject.por.fl_str_mv Velocity of Money
Portugal
Cointegration
Institutional Determinants
topic Velocity of Money
Portugal
Cointegration
Institutional Determinants
description This paper performs a long-run time series analysis of the behaviour of the income velocity of money in Portugal 1891-1998, and assesses the importance of both macroeconomic and institutional factors in shaping its path. We look for particularities of the Portuguese case in the international context. By means of a cointegrated vector autoregression, we find that institutional variables matter. Moreover, regression analysis shows that the general U-shaped pattern is displayed with the inflection point located in 1973, in line with the Spanish case.
publishDate 2011
dc.date.none.fl_str_mv 2011-01-26T15:04:08Z
2011
2011-01-01T00:00:00Z
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/10400.5/2872
url http://hdl.handle.net/10400.5/2872
dc.language.iso.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv Nunes, Ana Bela ... [et al.]. (2011). "The determinants of the behaviour of the income velocity of money in Portugal 1891-1998: an econometric approach". Instituto Superior de Economia e Gestão – GHES Documento de Trabalho/Working Paper nº 45-2011
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 - GHES
publisher.none.fl_str_mv ISEG - GHES
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_ 1799130983243448320

Registros relacionados