CESifo Research Network Fellow

António Afonso

University of Lisboa
ISEG - Lisbon School of Economics and Management
R. Miguel Lupi, 20, 1200, Lisboa, Portugal

Affiliated Research Network Area

Macro, Money, and International Finance

Fields of Interest

  • Fiscal Policies
  • Macroeconomics
  • Applied Economics

Other Activities

President, REM - Research in Economics and Mathematics, ISEG

CESifo Working Papers

The Pressure Is On: How Geopolitical Tensions Impact Institutional Fiscal and External Stability Responses

António Afonso, José Alves, Sofia Monteiro
CESifo, Munich, 2024
CESifo Working Paper No. 11067

Does Financial Inclusion Enhance per Capita Income in the Least Developed Countries?

António Afonso, M. Carmen Blanco-Arana
CESifo, Munich, 2024
CESifo Working Paper No. 11054

Sovereign Risk Dynamics in the EU: The Time Varying Relevance of Fiscal and External (Im)balances

António Afonso, José Alves, Sofia Monteiro
CESifo, Munich, 2024
CESifo Working Paper No. 10979

Fiscal Sustainability and the Role of Inflation

António Afonso, José Alves, Oļegs Matvejevs, Oļegs Tkačevs
CESifo, Munich, 2023
CESifo Working Paper No. 10843

On the Time-Varying Impact of China’s Bilateral Political Relations on Its Trading Partners: “Doux Commerce” or “Trade Follows the Flag”?

António Afonso, Valérie Mignon, Jamel Saadaoui
CESifo, Munich, 2023
CESifo Working Paper No. 10814

Beyond Borders: Assessing the Influence of Geopolitical Tensions on Sovereign Risk Dynamics

António Afonso, José Alves, Sofia Monteiro
CESifo, Munich, 2023
CESifo Working Paper No. 10801

The Nexus between Economic Freedom and Economic Growth in the LDCs. An Empirical Analysis for the Period 2000-2021

António Afonso, M. Carmen Blanco-Arana
CESifo, Munich, 2023
CESifo Working Paper No. 10757

Banks’ Portfolio of Government Debt and Sovereign Risk

António Afonso, José Alves, Sofia Monteiro
CESifo, Munich, 2023
CESifo Working Paper No. 10692

Drivers of Fiscal Sustainability: A Time-Varying Analysis for Portugal

António Afonso, José Carlos Coelho
CESifo, Munich, 2023
CESifo Working Paper No. 10674

Monetary Policy Surprise Shocks under Different Fiscal Regimes: A Panel Analysis of the Euro Area

António Afonso, José Alves, Serena Ionta
CESifo, Munich, 2023
CESifo Working Paper No. 10627

Consumption Patterns of Indebted Households: Unravelling the Relevance of Fiscal Policy

António Afonso, Eduardo de Sá Fortes Leitão Rodrigues
CESifo, Munich, 2023
CESifo Working Paper No. 10565

The Effects of Monetary Policy Surprises and Fiscal Sustainability Regimes in the Euro Area

António Afonso, José Alves, Serena Ionta
CESifo, Munich, 2023
CESifo Working Paper No. 10558

Bank Regulation and Sovereign Risk: A Paradox

António Afonso, André Teixeira
CESifo, Munich, 2023
CESifo Working Paper No. 10434

Government Spending and Tax Revenue Decentralization and Public Sector Efficiency: Do Natural Disasters Matter?

António Afonso, João Tovar Jalles, Ana Venâncio
CESifo, Munich, 2023
CESifo Working Paper No. 10424

Determinants of the Degree of Fiscal Sustainability

António Afonso, José Alves, José Carlos Coelho
CESifo, Munich, 2023
CESifo Working Paper No. 10225

Pay and Unemployment Determinants of Migration Flows in the European Union

António Afonso, José Alves, Krzysztof Beck
CESifo, Munich, 2022
CESifo Working Paper No. 10131

Government Spending Efficiency in Latin America

António Afonso, Gabriela Baquero Fraga
CESifo, Munich, 2022
CESifo Working Paper No. 10096

A Tale of Government Spending Efficiency and Trust in the State

António Afonso, João Tovar Jalles, Ana Venâncio
CESifo, Munich, 2022
CESifo Working Paper No. 10075

Is Public Investment in Construction and in R&D, Growth Enhancing? A PVAR Approach

António Afonso, Eduardo de Sá Fortes Leitao Rodrigues
CESifo, Munich, 2022
CESifo Working Paper No. 10048

Determinants of Stock Market Correlation. Accounting for Model Uncertainty and Reverse Causality in a Large Panel Setting

António Afonso, Krzysztof Beck, Karen Jackson
CESifo, Munich, 2022
CESifo Working Paper No. 9956

Public Finances Solvency in the Euro Area: True or False?

António Afonso, José Carlos Coelho
CESifo, Munich, 2022
CESifo Working Paper No. 9935

Financial, Institutional, and Macroeconomic Determinants of Cross-Country Portfolio Equity Flows

António Afonso, José Alves, Krzysztof Beck, Karen Jackson
CESifo, Munich, 2022
CESifo Working Paper No. 9872

Are Fiscal Consolidation Episodes Helpful for Public Sector Efficiency?

António Afonso, José Alves
CESifo, Munich, 2022
CESifo Working Paper No. 9761

Does Government Spending Efficiency Improve Fiscal Sustainability?

António Afonso, José Alves
CESifo, Munich, 2022
CESifo Working Paper No. 9738

Minimum Wage and Collective Bargaining Reforms: A Narrative Database for Advance Economies

António Afonso, João Tovar Jalles, Zoe Venter
CESifo, Munich, 2022
CESifo Working Paper No. 9692