On the Economic and Budgetary Impact of Fiscal Devaluation in Portugal
AbstractIn this paper we show that fiscal devaluation, of the most disputed issues in the current policy debate in Portugal, has the technical capacity to stimulate employment and investment and increase GDP while improving the foreign account position. More importantly, as this has been a point ignored in the debate, it can significantly contribute towards budgetary consolidation.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by Department of Economics, College of William and Mary in its series Working Papers with number 116.
Length: 10 pages
Date of creation: 29 Jul 2011
Date of revision:
This paper has been announced in the following NEP Reports:
- NEP-ALL-2011-08-09 (All new papers)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Francesco Franco, 2011. "Adjusting to external imbalances within the EMU, the case of Portugal," FEUNL Working Paper Series wp556, Universidade Nova de Lisboa, Faculdade de Economia.
- Pedro G. Rodrigues & Alfredo M. Pereira, 2000. "On The Impact Of A Tax Reform Package In Portugal," Computing in Economics and Finance 2000 353, Society for Computational Economics.
- Alfredo Marvão Pereira & Rui M. Pereira, 2013. "Environmental Fiscal Reform and Fiscal Consolidation: The Quest for the Third Dividend in Portugal," Working Papers 114, Department of Economics, College of William and Mary.
- Stähler, Nikolai & Thomas, Carlos, 2011.
"FiMod - a DSGE model for fiscal policy simulations,"
Discussion Paper Series 1: Economic Studies
2011,06, Deutsche Bundesbank, Research Centre.
- Stähler, Nikolai & Thomas, Carlos, 2012. "FiMod — A DSGE model for fiscal policy simulations," Economic Modelling, Elsevier, vol. 29(2), pages 239-261.
- Nikolai Stähler & Carlos Thomas, 2011. "FiMod - a DSGE model for fiscal policy simulations," Banco de Espaï¿½a Working Papers 1110, Banco de Espa�a.
- Lipińska, Anna & von Thadden, Leopold, 2009. "Monetary and fiscal policy aspects of indirect tax changes in a monetary union," Working Paper Series 1097, European Central Bank.
- Alfredo M. Pereira & Pedro G. Rodrigues, 2004. "Strategies for Fiscal Reform in the Context of the EMU: the Case of Portugal," Review of Development Economics, Wiley Blackwell, vol. 8(1), pages 141-163, 02.
- Alfredo Marvão Pereira & Rui M. Pereira, 2014. "What is it going to take to achieve 2020 Emission Targets? Marginal abatement cost curves and the budgetary impact of CO2 taxation in Portugal (," Working Papers 105, Department of Economics, College of William and Mary.
- Alfredo Marvão Pereira & Rui M. Pereira, 2012. "DGEP - A Dynamic General Equilibrium Model of the Portuguese Economy: Model Documentation," Working Papers 127, Department of Economics, College of William and Mary.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Daifeng He) or (Alfredo Pereira).
If references are entirely missing, you can add them using this form.