Selection of projects to the Portuguese Innovation Incentive System

It is often argued that public policies to support investment and innovation play a vital role when firms have difficulties in accessing external finance. However, several studies have demonstrated that public support can have no effect on the policy targets or even have a negative effect on firm performance. Oneexplanation for these findings could be… Continue reading Selection of projects to the Portuguese Innovation Incentive System

Private saving determinants in Portugal

The combination of projected expenditure increases in the Portuguese public pension scheme and low rates of private saving constitutes a policy challenge, not least because the former may be associated with the later. The impact of public pension wealth on private saving has been widely studied since the late 1970’s, yet no consensus on the… Continue reading Private saving determinants in Portugal