Journal Articles
Agnello, L,
Castro, V, Sousa, RM (2021)
On the duration of sovereign ratings cycle phases,
Journal of Economic Behavior and Organization, 182, pp.512-526, ISSN: 0167-2681. DOI:
10.1016/j.jebo.2019.01.016.
Alhalabi, T,
Castro, V, Wood, J (2021)
The relationship between excessive lending, risk premium and risk-taking: evidence from European banks,
International Journal of Finance and Economics, ISSN: 1076-9307. DOI:
10.1002/ijfe.2430.
Castro, V and Martins, R (2020)
Why are credit booms sometimes sweet and sometimes sour?,
International Journal of Finance and Economics, ISSN: 1076-9307. DOI:
10.1002/ijfe.1950.
Nguyen, T,
Castro, V, Wood, J (2020)
Political environment and financial crises,
International Journal of Finance and Economics, ISSN: 1076-9307. DOI:
10.1002/ijfe.2160.
Castro, V and Martins, R (2020)
What drives the duration of credit booms?,
International Journal of Finance and Economics, 26(1), pp.1531-1549, ISSN: 1076-9307. DOI:
10.1002/ijfe.1862.
Castro, V and Martins, R (2020)
Government Ideology and Economic Freedom,
Journal of Comparative Economics, ISSN: 0147-5967.
Agnello, L,
Castro, V, Hammoudeh, S, Sousa, R (2020)
Global factors, uncertainty, weather conditions and energy prices: on the drivers of the duration of commodity price cycle phases,
Energy Economics, 90, 104862, ISSN: 0140-9883. DOI:
10.1016/j.eneco.2020.104862.
Castro, V and Martins, R (2020)
The collapse of credit booms: A competing risks analysis,
Journal of Economic Studies, 47(6), pp.1437-1465, ISSN: 0144-3585. DOI:
10.1108/JES-04-2019-0196.
Castro, V and Martins, R (2019)
Riding the wave of credit: Are longer expansions really a bad omen?,
Open Economies Review, 31, ISSN: 0923-7992. DOI:
10.1007/s11079-019-09570-6.
Agnello, L,
Castro, V, Sousa, R (2019)
A competing risks tale on successful and unsuccessful fiscal consolidations,
Journal of International Financial Markets, Institutions and Money, 63, 101148, ISSN: 1042-4431. DOI:
10.1016/j.intfin.2019.101148.
Agnello, L,
Castro, V, Jawadi, F, Sousa, R (2019)
How does monetary policy respond to the dynamics of the shadow banking sector?,
International Journal of Finance and Economics, 25(2), pp.228-247, ISSN: 1076-9307. DOI:
10.1002/ijfe.1748.
Agnello, L,
Castro, V, Dufrénot, G, Jawadi, F, Sousa, R (2019)
Unconventional monetary policy reaction functions: evidence from the U.S,
Studies in Nonlinear Dynamics and Econometrics, 24(4), 20180088, ISSN: 1558-3708. DOI:
10.1515/snde-2018-0088.
Castro, V and Martins, R (2019)
Political and Institutional Determinants of Credit Booms,
Oxford Bulletin of Economics and Statistics, 81(5), pp.1144-1178, ISSN: 0305-9049. DOI:
10.1111/obes.12290.
Agnello, L,
Castro, V, Sousa, RM (2019)
The housing cycle: what role for mortgage market development and housing finance?,
Journal of Real Estate Finance and Economics, 61(4), pp.607-670, ISSN: 0895-5638. DOI:
10.1007/s11146-019-09705-z.
Castro, V and Martins, R (2019)
Budgets, expenditure composition and political manipulation,
International Review of Applied Economics, 33(2), pp.172-187, ISSN: 0269-2171. DOI:
10.1080/02692171.2017.1379474.
Agnello, L,
Castro, V, Sousa, RM (2018)
The Legacy and the Tyranny of Time: Exit and Re-Entry of Sovereigns to International Capital Markets,
Journal of Money, Credit and Banking, 50(8), pp.1969-1994, ISSN: 0022-2879. DOI:
10.1111/jmcb.12474.
Castro, V and Martins, R (2018)
Politically driven cycles in fiscal policy: In depth analysis of the functional components of government expenditures,
European Journal of Political Economy, 55, pp.44-64, ISSN: 0176-2680. DOI:
10.1016/j.ejpoleco.2017.11.003.
Agnello, L,
Castro, V, Sousa, RM (2018)
ECONOMIC ACTIVITY, CREDIT MARKET CONDITIONS, and the HOUSING MARKET,
Macroeconomic Dynamics, 22(7), pp.1769-1789, ISSN: 1365-1005. DOI:
10.1017/S1365100516000869.
Agnello, L,
Castro, V, Sousa, RM (2018)
Systemic financial crises and the housing market cycle,
Applied Economics Letters, 25(10), pp.724-729, ISSN: 1350-4851. DOI:
10.1080/13504851.2017.1361001.
Aidt, TS,
Castro, V, Martins, R (2018)
Shades of red and blue: government ideology and sustainable development,
Public Choice, 175(3-4), pp.303-323, ISSN: 0048-5829. DOI:
10.1007/s11127-018-0536-2.
Agnello, L,
Castro, V, Jalles, JT, Sousa, RM (2018)
The Impact of Fiscal Consolidation on Human Development,
Journal of International Development, 30(3), pp.399-429, ISSN: 0954-1748. DOI:
10.1002/jid.3309.
Castro, V (2018)
Functional components of public expenditure, fiscal consolidations, and economic activity,
Economics and Politics, 30(1), pp.124-150, ISSN: 0954-1985. DOI:
10.1111/ecpo.12104.
Castro, V and Martins, R (2018)
The Electoral Dynamics of Human Development,
Journal of Development Studies, 54(1), pp.191-211, ISSN: 0022-0388. DOI:
10.1080/00220388.2017.1288221.
Agnello, L,
Castro, V, Sousa, RM (2018)
FINANCIAL MARKETS' SHUTDOWN AND REACCESS,
Economic Inquiry, 56(1), pp.562-571, ISSN: 0095-2583. DOI:
10.1111/ecin.12518.
Castro, V (2017)
Pure, White and Deadly… Expensive: A Bitter Sweetness in Health Care Expenditure,
Health Economics (United Kingdom), 26(12), pp.1644-1666, ISSN: 1057-9230. DOI:
10.1002/hec.3462.
Agnello, L,
Castro, V, Jalles, JT, Sousa, RM (2017)
Income inequality, fiscal stimuli and political (in)stability,
International Tax and Public Finance, 24(3), pp.484-511, ISSN: 0927-5940. DOI:
10.1007/s10797-016-9428-x.
Castro, V (2017)
The impact of fiscal consolidations on the functional components of government expenditures,
Economic Modelling, 60, pp.138-150, ISSN: 0264-9993. DOI:
10.1016/j.econmod.2016.09.027.
Agnello, L,
Castro, V, Hammoudeh, S, Sousa, RM (2017)
Spillovers from the oil sector to the housing market cycle,
Energy Economics, 61, pp.209-220, ISSN: 0140-9883. DOI:
10.1016/j.eneco.2016.11.004.
Agnello, L,
Castro, V, Jalles, JT, Sousa, RM (2016)
Financial stress and sovereign debt composition,
Applied Economics Letters, 23(9), pp.678-683, ISSN: 1350-4851. DOI:
10.1080/13504851.2015.1100241.
Castro, V and Martins, R (2016)
Are there political cycles hidden inside government expenditures?,
Applied Economics Letters, 23(1), pp.34-37, ISSN: 1350-4851. DOI:
10.1080/13504851.2015.1047084.
Castro, V (2015)
The Portuguese business cycle: chronology and duration dependence,
Empirical Economics, 49(1), pp.325-342, ISSN: 0377-7332. DOI:
10.1007/s00181-014-0860-4.
Agnello, L,
Castro, V, Sousa, RM (2015)
Booms, busts, and normal times in the housing market,
Journal of Business and Economic Statistics, 33(1), pp.25-45, ISSN: 0735-0015. DOI:
10.1080/07350015.2014.918545.
Agnello, L,
Castro, V, Jalles, JT, Sousa, RM (2015)
Do debt crises boost financial reforms?,
Applied Economics Letters, 22(5), pp.356-360, ISSN: 1350-4851. DOI:
10.1080/13504851.2014.943878.
Agnello, L,
Castro, V, Jalles, JT, Sousa, RM (2015)
Fiscal consolidation and financial reforms,
Applied Economics, 47(34-35), pp.3740-3755, ISSN: 0003-6846. DOI:
10.1080/00036846.2015.1021457.
Agnello, L,
Castro, V, Sousa, RM (2015)
Is fiscal fatigue a threat to consolidation programmes?,
Environment and Planning C: Government and Policy, 33(4), pp.765-779, ISSN: 0263-774X. DOI:
10.1177/0263774X15597391.
Agnello, L,
Castro, V, Tovar Jalles, J, Sousa, RM (2014)
Fiscal adjustments, labour market flexibility and unemployment,
Economics Letters, 124(2), pp.231-235, ISSN: 0165-1765. DOI:
10.1016/j.econlet.2014.05.029.
Agnello, L,
Castro, V, Jalles, JT, Sousa, RM (2014)
What determines the likelihood of structural reforms?,
European Journal of Political Economy, 37, pp.129-145, ISSN: 0176-2680. DOI:
10.1016/j.ejpoleco.2014.10.007.
Agnello, L,
Castro, V, Sousa, RM (2013)
What determines the duration of a fiscal consolidation program?,
Journal of International Money and Finance, 37, pp.113-134, ISSN: 0261-5606. DOI:
10.1016/j.jimonfin.2013.05.012.
Castro, V and Martins, R (2013)
Running for office again: evidence from Portuguese municipal elections,
Public Choice, 156(3-4), pp.677-702, ISSN: 0048-5829. DOI:
10.1007/s11127-012-9922-3.
Castro, V and Martins, R (2013)
Is there duration dependence in Portuguese local governments' tenure?,
European Journal of Political Economy, 31, pp.26-39, ISSN: 0176-2680. DOI:
10.1016/j.ejpoleco.2013.03.004.
Castro, VMQ (2013) The Portuguese Stock Market Cycle: Chronology and Duration Dependence,
Journal of Business Cycle Measurement and Analysis, 4(1), pp.1-23.
Castro, V (2013)
The duration of business cycle expansions and contractions: are there change-points in duration dependence?,
Empirical Economics, 44(2), pp.511-544, ISSN: 0377-7332. DOI:
10.1007/s00181-011-0544-2.
Castro, V (2013)
Macroeconomic determinants of the credit risk in the banking system: The case of the GIPSI,
Economic Modelling, 31, pp.672-683, ISSN: 0264-9993. DOI:
10.1016/j.econmod.2013.01.027.
Agnello, L,
Castro, V, Sousa, RM (2012)
How does fiscal policy react to wealth composition and asset prices?,
Journal of Macroeconomics, 34(3), pp.874-890, ISSN: 0164-0704. DOI:
10.1016/j.jmacro.2012.04.001.
Castro, V and Sousa, RM (2012)
How do central banks react to wealth composition and asset prices?,
Economic Modelling, 29(3), pp.641-653, ISSN: 0264-9993. DOI:
10.1016/j.econmod.2012.01.006.
Castro, V (2011)
Can central banks’ monetary policy be described by a linear (augmented) Taylor rule or by a nonlinear rule?,
Journal of Financial Stability, 7(4), pp.228-246, ISSN: 1572-3089. DOI:
10.1016/j.jfs.2010.06.002.
Castro, V (2011)
The impact of the European Union fiscal rules on economic growth,
Journal of Macroeconomics, 33(2), pp.313-326, ISSN: 0164-0704. DOI:
10.1016/j.jmacro.2010.09.003.
Castro, V (2010)
The duration of economic expansions and recessions: More than duration dependence,
Journal of Macroeconomics, 32(1), pp.347-365, ISSN: 0164-0704. DOI:
10.1016/j.jmacro.2009.06.006.
Soukiazis, E and
Castro, V (2005)
How the Maastricht criteria and the Stability and Growth Pact affected real convergence in the European Union,
Journal of Policy Modeling, 27(3), pp.385-399, ISSN: 0161-8938. DOI:
10.1016/j.jpolmod.2005.01.002.
Castro, V and Veiga, FJ (2004)
Political business cycles and inflation stabilization,
Economics Letters, 83(1), pp.1-6, ISSN: 0165-1765. DOI:
10.1016/j.econlet.2003.07.016.
