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How the Gold Standard Functioned in Portugal: An Analysis of Some Macroeconomic Aspects
Get PDFThe purpose of this study is to improve understanding of the gold standard period in Portugal through comparison with other monetary systems that were operated afterwards. Portugal was the first country in Europe to join Great Britain in the gold standard, in 1854, and it adhered to it for quite a long time. The principle of free gold convertibility of the Portuguese currency at a fixed price was abandoned in 1891, even though the classical gold standard as an international monetary system only began to fall apart as a result of the upheavals of the First World War. For the purposes of a macroeconomic study, we can thus first look at the expansion of the functioning of the gold standard in Portugal up to 1913. In addition to a desire to share the same monetary system as its trading and financial partner, the low price of gold and the domestic circulation of British gold coins also played a part, along with other factors, in the adoption of the gold standard in Portugal. While it was in force, it provided a nominal stable anchor and a mechanism of credible commitment, even though Portugal’s monetary authorities broke the “rules of the game”. Our analysis points out the mistake of comparing the stability of different monetary systems with the same indicators. The application of a VAR model enabled us to isolate the period 1854-1891 as being the one that actually corresponds to what we expect of gold standard behaviour. Examination of demand, supply and monetary shocks yields interesting results that confirm the idea that the principles of classical economics are appropriate for the gold standard period.Gold Standard, Macroeconomic Stability, Convertibility, Portugal, VAR, Unit Roots
[Ordenanzas. Portugués]
Get PDF1 tomo en 2 vol.Datos de publicación tomados del colofón del libro primero, que es igual que el del libro cuarto; en los colofones de los libros segundo y tercero figura el mismo impresor pero en la ciudad de LisboaSegún estudios actuales, hechos por el prof. Joâo Alves Dias, parece ser que está editada en SevillaLa fecha de 1521 aparece en la última h. del tomo 2, que nos faltaTexto a plana con sign., l. gót. de dos tamaños e inic. grab.Los libros primero y tercero con port. y grab xil. representando el escudo de Portugal y la esfera armilarEnc. en perg. con abrazaderasApost. ms. marginalesEtiqueta con orla impresa en negro y sobrepegada etiqueta con nº 2297 en contraguarda anteriorI. O primeiro - o segunco liuroVol.
Carta de Portugal 1:100,000.
No full textVarious eds. Relief shown by contours and spot heights.; Standard map series designation: M684.; Various editions of some sheets.; Includes index to adjoining sheets in margin.Title varies: Carta corográfica de Portugal na escala de 1/100:000Series M68
How the gold standard functioned in Portugal: an analysis of some macroeconomic aspects
Get PDFThis paper studies the Gold Standard in Portugal. It was the first country in Europe to join Great Britain in 1854. The principle of free gold convertibility was abandoned in 1891. For the purposes of a macroeconomic study, we also extended the analysis up to 1913. Our study points out the mistake of comparing different systems with the same indicators. Examination of demand, supply and monetary shocks in the context of a VAR model confirm the idea that the principles of classical economics are appropriate for the Gold Standard in Portugal.Gold Standard, Macroeconomic Stability, Convertibility, Portugal, VAR and Unit Roots
Trechos de livros usados na colonização de Portugal na África
No full textTrechos de livros didáticos de Portugal, utilizados na colonização em África
Maria João y Mário Laginha (Portugal)
No full textConcierto interpretado por María Joao y Mário Laginha. Este es un dúo de inusual complicidad , con cientos de conciertos realizados en Portugal y en el extranjero, y varios discos grabados. La capacidad de innovación del dúo proporciona en cada nuevo disco, y en el escenario, momentos de creatividad y emoción. La música que interpretan no se puede etiquetar, pues es, simplemente, la que les gusta hacer. En ella se encuentra la originalidad y las influencias sonoras de los países por donde van a presentar sus espectáculos. Hasta ahora han grabado juntos más de una docena de discos, todos ellos aclamados por la crítica de especialidad
Portugal 1959
No full textImages taken by Charles Samz on a trip to Portugal in 1959.Henry Luce Foundatio
Los niveles competenciales e institucionales en Portugal
No full textAnálisis de las instituciones y sus competencias, en Portugal. Se estudias las regiones, los distritos, las comunidades intermunicipales, en los municipios y feligresías.Analysis of the institutions and their competences in Portugal. The regions, districts, inter-municipal communities, municipalities and parishes are studied
Passagens aéreas do Porto para São Paulo
No full textPassagens aéreas da volta do Porto para São Paulo. Percurso: Porto a Lisboa e Lisboa para São Paulo. Que viagem longa! Quantas horas foram no aeroporto! Mas foi a primeira viagem da Família Silva completa
What said the new economic geography about Portugal? An alternative approach
Get PDFWith this work we try to analyse the agglomeration process in Portugal, using the New Economic Geography models, in a linear and in a non linear way. In a non linear way, of referring, as summary conclusion, that with this work the existence of increasing returns to scale and low transport cost, in the Portuguese regions, was proven and, because this, the existence of agglomeration in Portugal. We pretend, also, in a linear way to explain the complementarily of clustering models, associated with the New Economic Geography, and polarization associated with the Keynesian tradition. As a summary conclusion, we can say which the agglomeration process shows some signs of concentration in Lisboa e Vale do Tejo and the productivity factor significantly improves the results that explain the regional clustering in Portugal. The aim of this paper is to analyze, yet, the relationship between the regional industry clustering and the demand for labor by companies in Portugal. Again, the results are consistent with the theoretical developments of the New Economic Geography, namely the demand for labor is greater where transport costs are lower and where there is a strong links "backward and forward" and strong economies of agglomeration.new economic geography; linear and non linear models; Portuguese regions
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