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Social expenditure composition and inequality: A dynamic panel threshold analys...

Bação, Pedro; Duarte, Joshua Dias; Pereira, Melissa; Simões, Marta

This paper studies the relationship between inequality and public social spending for an overall sample of 28 OECD countries spanning 1997 to 2017. We add to the literature by dissecting social expenditure according to nine programs and allowing for the existence of a non-linear relation in the context of a dynamic panel threshold model. The analysis reveals a positive contribution of old-age pensions to the Gi...



Financial Development and Consumption

Duarte, Joshua Dias

Tese de doutoramento em Economia apresentada à Faculdade de Economia da Universidade de Coimbra; In this dissertation we take an empirical approach to the study of the impact of financial development on consumption. We use four different methodologies, which stress different aspects of consumption behavior and different ways of considering financial development's effect. We start by estimating a Panel Vector Au...


Inovação financeira e consumo : a hipótese do rendimento permanente

Duarte, Joshua Dias

Trabalho de projeto do mestrado em Economia (Economia Financeira), apresentado à Faculdade de Economia da Universidade de Coimbra, sob a orientação de João Alberto Sousa Andrade.; Tomando em linha de conta a crescente importância de inovações financeiras nos últimos anos torna-se relevante explicar qual o impacto das mesmas sobre o consumo. Recorrendo à hipótese do rendimento permanente tentamos criar uma ponte...


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