Leonor Modesto

TL;DR: The HERMIN model as mentioned in this paper is a new model for the analysis of the effects of EU regional policy with an orientation towards the problems being experienced in the periphery, focusing on issues that are particularly relevant to the targets of regional policy.

TL;DR: In this paper, the authors tried to assess the macroeconomic effects of the Community Support Framework (CSF) for the period 1994-1999 in the peripheral countries of the European Union (Ireland, Portugal and Spain) using the HERMIN model.

TL;DR: In this paper, the authors investigate whether there is evidence of a regulatory intervention in the Portuguese banking sector and find evidence supporting the existence of such an intervention, which aimed at reducing the equilibrium interest rates paid on loans.

TL;DR: In this article, the role of public spending, financed by (labour or capital) income and consumption taxation, on the emergence of indeterminacy is investigated. And the results in terms of the level of the tax rate, its variability with respect to the tax base and the degree of externalities in preferences due to the existence of a public good are discussed.

TL;DR: In this article, the role of public spending,financed by labor income and consumption taxation, on the emergence of indeterminacy was analyzed in a constant returns to scale, one sector economy with segmented asset markets of the Woodford type.