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Confidence and the transmission of government expenditure shocks: the case of Portugal

datacite.subject.fosCiências Sociais::Economia e Gestãopt_PT
dc.contributor.advisorRodrigues, Paulo Manuel Marques
dc.contributor.advisorLieb, Lenard
dc.contributor.authorVarela, Ana Cristina dos Reis Mendes
dc.date.accessioned2017-07-28T11:18:32Z
dc.date.available2017-07-28T11:18:32Z
dc.date.issued2017-01-20
dc.description.abstractThis 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.pt_PT
dc.identifier.tid201716712pt_PT
dc.identifier.urihttp://hdl.handle.net/10362/22246
dc.language.isoengpt_PT
dc.subjectConsumer and business confidencept_PT
dc.subjectGovernment expenditurept_PT
dc.subjectOutputpt_PT
dc.subjectPortugalpt_PT
dc.titleConfidence and the transmission of government expenditure shocks: the case of Portugalpt_PT
dc.typemaster thesis
dspace.entity.typePublication
rcaap.rightsopenAccesspt_PT
rcaap.typemasterThesispt_PT
thesis.degree.nameA Work Project, presented as part of the requirements for the Award of a Masters Degree in Economics from the NOVA – School of Business and Economicspt_PT

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