ALFREDO MARV√O PEREIRA
January 2004



 

Personal:

Date of Birth:                 †††††† March 24, 1956
Marital Status:              ††††††† Married, five children
Citizenship:                    ††††††
United States of America, Portugal

 

Business Address:    †† †††††† Department of Economics
                                         †††††† The
College of William and Mary
                                         ††††††
PO Box 8795
                                        †††††††
Williamsburg, VA 23187-8795

                                         †††††† Phone: (757) 221-2431
                                        ††††††† Fax: (757) 221-1175
                                         †††††† e-mail: ampere@wm.edu

 

Home Address:              ††††† 308 Eglantine Circle
                                         ††††††
Richmond, VA 23233

                                         †††††† Phone: (804) 741 8196
                                        ††††††† e-mail: pereira770@aol.com
 

 

Education

Ph.D. in Economics††††††††††††† Stanford University, 1988
M.A. in Economics††††††††††††† Stanford University, 1986
Licenciatura in EconomicsTechnical University of Lisbon, 1978
Bacharelato in EconomicsTechnical University of Lisbon, 1976
 

 

Research Interests

Primary field:             ††††††††††† Public Economics
Secondary fields:     ††††††††††† Development Economics, Urban Economics

 

Academic Experience

Thomas Arthur Vaughn Professor of Economics, †††††††† The College of William and Mary, Sept 2001-present
Professor, †††††††††††††††††††††††††††† Department of Economics, The College of William and Mary, Sept 1995-Aug 2001
Assistant Professor, †††††††††† Department of Economics, UC San Diego, July 1987-Aug 1995
Assistant Professor, †††††††††† Department of Economics, New University of Lisbon, Sept 1987-Aug 1991
Instructor, ††††††††††††††††††††††††††† Department of Economics, Stanford University, Sept 1985-July 1987
Lecturer, †††††††††††††††††††††††††††††† Department of Economics, New University of Lisbon, Sept 1981-Aug 1987

 

Consulting Experience

Portuguese-American Foundation, Jan 2001-present.
Research Department, Ministry of Finance,
Portugal, Jan 1999-Dec 2001, Summer 2002, Summer 2003.

European Central Bank, March 2001-Dec 2001, Sept 2002-March 2003.
Ministry of  Planning,
Portugal, Jan 1999-Dec 2000.
Forum of Business Administrators,
Portugal, Jan 1998-Dec 1998.
Research Department, Bank of
Portugal, June 1998-Aug 1998.
Directorate General for Regional Development,
Portugal, Sept 1997-Dec 1997.
Research Department, Ministry of
Finance, Portugal, May 1997-Dec 1997.
Research Department, Bank of
Portugal, April 1997-Sept 1997.
Research Department, Ministry of
Finance, Portugal, Sept 1996-Dec 1996.
Forum of Business Administrators,
Portugal, Nov 1995-Dec 1996.
Directorate General for Regional Development,
Portugal, Jan 1996-Dec 1996.
Research Department, Bank of
Portugal, March 1995, Jan 1996-Dec 1996.
Public Economics Division, The World Bank, Sept 1994-Dec 1994 DG-XVI.
Commission of European Communities,
Belgium, Dec. 1993-Dec 1994.
Research Department, Ministry of
Finance, Portugal, Jan 1990-Dec 1993
DG-XXII, Commission of European Communities,
Belgium, Jan 1991-Dec 1992.
Secretariat of State for Fiscal Affairs,
Portugal, Jan 1989-Dec 1990.
Secretariat of State for Economic Development,
Portugal, Sept 1989-April 1990

 

Publications - Articles in Refereed Journals

before 1991

1. "Neoclassical Growth with Emigration and Remittances: An Extension to Optimal Control,"
Economia VI, 1982 (pp. 209-233).

2. "Computation of the User's Costs of Capital in the Presence of Adjustment Costs,"
Economia X, 1986 (pp. 447-452).
3. "Survey of Dynamic Applied General Equilibrium Models for Tax Policy Evaluation,"
Journal of Policy Modeling 10, 1988 (pp. 401-436). (with J. Shoven)
4. "On the Existence and Uniqueness of Optimal Output Paths for CRTS Firms in Adjustment Costs
Technologies,"
Economia XII, 1988 (pp. 97-101).

 

1991

5. "Housing Appreciation, Mortgage Interest Rates and Homeowner Mobility,"
Journal of Urban Economics 30, 1991 (pp. 271-292). (with Y. Nakagami)
6. "Boom and Bust and the Colonial
Chesapeake Economy: Empirical Evidence for 1676-1713,"
Economic Letters 37, 1991 (pp. 235-242).
7. "The Efficiency Effects of Corporate Tax Integration and the Tax Reform Act of 1986,"
Public Finance 46 (3), 1991 (pp. 454-475).

 

1992

8. "Energy Demand in Portuguese Manufacturing: A Two Stage Model,"
Energy - The International Journal 17, 1992 (pp. 61-77). (with A. Borges)

 

1993

9. "Housing Costs and Bequest Motives,"
Journal of Urban Economics 33, 1993 (pp. 68-75). (with Y. Nakagami)
10. "A Dynamic General Equilibrium Analysis of Corporate Tax Integration,"
Journal of Policy Modeling 15, 1993 (pp. 63-89).
11. "Optimal Taxation of Foreign Investment Income with International Altruism,"
Public Finance 48, 1993 (pp. 288-296). (with L. Wang).
12. "Uptrading and the Macroeconomic Environment,"
Journal of Urban Economics 34, 1993 (pp. 1-23). (with Y. Nakagami)

 

1994

13. "Optimal Taxation of Foreign Investment Income with Heterogeneous Consumers,"
Public Finance Quarterly 22, 1994 (pp. 103-132). (with L. Wang).
14. "On the Effects of Investment Tax Credits on Economic Efficiency and Growth,"
Journal of Public Economics 53 (3), 1994 (pp. 437-462).
15. "Housing Ownership and the Business Cycle,"
Journal of Housing Economics 3 (3), 1994 (pp. 165-185). (with J. Brueckner)
16. "Capital Income Taxation and the International Location of Investment,"
Public Finance 49, 1994 (pp. 111-131). (with L. Wang).

 

1995

17. "Equal Yield Alternatives and Government Deficits,"
Public Finance Quarterly 23 (1), 1995 (pp. 40-71).
18. "The Impact of Financial Integration and Unilateral Public Transfers on Investment and Growth in EC Capital-Importing Countries,"
Journal of Development Economics, 48 (1), 1995 (pp. 43-66). (with V. Gaspar).
19. "Inflation, Housing Taxation, and Homeowner Mobility,"
Public Finance 50, 1995 (pp. 442-69). (with Y. Nakagami).

 

1996

20. "On the Budgetary and Efficiency Effects of Housing Taxation in the United States,"
Journal of Urban Economics 39, 1996 (pp. 68-86). (with Y. Nakagami).
21. "Import Tariffs and Growth in a Small Open Economy,"
Journal of Public Economics 60 (1), 1996 (pp. 45-71). (with T. Osang).
22. "The Debt Crisis: Lessons of the 1980s for the 1990s,"
Journal of Development Economics 50 (1), 1996 (pp 1-24). (with G. Kaminsky).
23. "Imported Capital Goods and Domestic Performance: Evidence for
Greece and Portugal,"
Quarterly Economic Bulletin - Bank of
Portugal, Vol. 2 No 4, 1996 (pp. 61-68).

 

1997

24. "Housing Wealth and the Economy's Adjustment to Unanticipated Shocks,"
Regional Science and Urban Economics, 27, 1997 (pp.497-514). (with J. Brueckner).
25. "Savings Behavior, Volume of Trade, and Growth,"
Review of International Economics, 5 (3), 1997 (pp. 310-323). (with T. Osang).
26. "Development Policies in the EU: An International Comparison,"
Review of Development Economics, 1(2), 1997 (pp. 217-233).
27. "Foreign Growth and Domestic Performance in a Small Open Economy,"
Journal of International Economics, 43, 1997 (pp. 499-512).  (with T. Osang).

 

1998

28. "Testing Theories of Economic Fluctuations and Growth in Early Development,"
Review of International Economics, 6 (4), 1998 (pp. 638-648). ( with R. Flores).
29. "Social Security and Economic Performance in
Portugal".
Quarterly Economic Bulletin - Bank of
Portugal, Vol. 4 No 2, 1998  (pp. 57-68).
30. "The Impact of Investment in Infrastructures on Output, Employment, and Investment in
Spain,"
Spanish Economic Review, Vol 15 No 3, 1998 (pp. 403-432), (with O. Roca).
31. "EU Structural Transfers and Economic Performance in
Portugal".
Public Finance, Vol 53 No. 1, 1998 (pp. 53-77).

 

1999

32. "International Transfers and Convergence in the European Union"
Public Finance Review, 27 Vol 2, 1999 (pp. 194-219).
33. "Public Capital and Private Sector Performance in the
US,"
Journal of Urban Economics 46, 1999 (pp. 300-322), (with R. Flores).
34. "Public Capital Formation and Regional Development in
Spain,"
Review of Development Economics 3 (3), 1999 (pp. 281-294),  (pp. 57-68),
35. "The Impact of the EURO on long term growth in
Portugal"
Quarterly Economic Bulletin - Bank of Portugal, Vol 5 No 2, 1999, (pp. 43-52),
36.
"Intertemporal Analysis of Development Policies in the EU,"
Journal of Policy Modeling 21 (7), 1999, (pp. 799-822).
  (with V. Gaspar).

 

2000

37. "Export Growth and Domestic Performance,"
Review of International Economics 8 (1), 2000 (pp. 60-73).  (with Z. Xu).
38. "Is all Public Investment Created Equal?"
The Review of Economics and Statistics 82 (3) 2000 (pp. 513-518).

 

2001

39. "Public Capital Formation and Private Investment: What Crowds In What?"
Public Finance Review 29 (1) 2001, (pp 3-25).

40. "International Evidence on Public investment and Private Sector Performance,"
Public Finance and Management 1 (2) 2001.

41. "Tax parameters in the Portuguese Economy:  Part I - Indirect Taxes"
Quarterly Economic Bulletin - Bank of Portugal, Vol 7, No. 1 2001, (pp. 47-57).  (with P. Rodrigues)
42. "Tax parameters in the Portuguese Economy:  Part II - Direct Taxes"
Quarterly Economic Bulletin - Bank of Portugal, Vol 7, No. 2, 2001, (pp. 31-43).
  (with P. Rodrigues)
43. "Public Capital and Private Sector Performance in
Spain: A Sectoral Analysis,"
Journal of Policy Modeling, 23, 2001, (pp. 371-84).
(with O. Roca).

 

2002

44. "Housing and Long-term Endogenous Growth"
Journal of Urban Economics 51, 2002, (pp. 246-271). (with P. Brito).
45. "On the Impact of a Tax Shock  in
Portugal,"
Portuguese Economic Journal 1, 2002, (pp. 205-236).  (with P. Rodrigues).

 

2003

46. "Public Capital and Growth in the US: a sector-specific analysis,"
Public Finance Review, 31 (1), 2003, (pp. 66-90).(with J. Andraz).
47. "On the Effects of Private and Public R&D on Economic Performance in the
US,"
Public Finance Review 31 (4), 2003 (pp. 429-451).(with B. Archibald).
48. "Spillover Effects of Public Capital Formation:  Evidence from the Spanish Regions,"
Journal of Urban Economics 53 (2), 2003, (pp.238-256).(with O. Roca).

 

2004

49. "Strategies for Fiscal Reform in Portugal in the Context of the EMU," (with P. Rodrigues).
Review of Development Economics 8 (1), 2004, (pp. 143-165). (with P. Rodrigues).

 


Working Papers - submitted for publication with resubmission requested by journal editors

1. "Imported Capital and Domestic Growth,"(with L. Huang).
2.  "External Financial Assistance and Long Term Growth in
Hungary,"
3. "Public Investment in Transportation Infrastructures and Economic Performance in
Portugal," (with J. Andraz).

4.“Evaluating Structural Policies in the EU,” (with B. Abegaz).

5. "On the Regional Incidence of Public Investment in the US"  (with J. Andraz).

 

Working Papers - submitted for publication under first review

1. "On the Regional Impact of Public Capital Formation in Spain," (with O. Roca)
2.
"On the Regional Spillover Effects of Public Capital," (with J. Andraz).
3. "Public Investment in Transportation Infrastructure and Industry Performance in
Portugal," (with J. Andraz).
4. "Public Investment and Regional Development in
Portugal," (with J. Andraz)

 

Working Papers - in progress

1. "Housing and Transition to Endogenous Growth" (with P. Brito).
2. "Macroeconomic Adjustment to Structural Change," (with V. Gaspar and G. Fagen).
3. "Koureinami in
Portugal: A Tale of Aging and the Sustainability of the Public Pension Schemes" (with P. Rodrigues).
4. "Reforming the Portuguese Public Pension System: A Dynamic General-Equilibrium Analysis," (with P. Rodrigues).

5. "Savings and Family Values,” (with Shoshana Grossbard)
6. "Social Security and Economic Performance in the EU".
7. "Social Security and Economic Performance in the
USA".
8. "A Survey of the Public Investment Literature" (with J. Andraz).
 

 

Publications - Books

1. Strategies of Reform of the Welfare State - The cases of health care and social security
Forum de Administradores de Empresas Pub, Lisbon, 1997 (with Miguel Gouveia). (in Portuguese)
2. Social Security Reform in
Portugal
Forum de Administradores de Empresas Pub,
Lisbon, 1999. (in Portuguese)
3. Public Investment in Transportation Infrastructures in Portugal
Ministry of Planning Press,
Lisbon, May 2001. (with J. Andraz) (in Portuguese)
4. Public Investment and Economic Performance in
Portugal
Portuguese American Foundation, 2003.  (with J. Andraz)(English and Portuguese versions)
5. Social Security Reform in Portugal
Portuguese American Foundation, in preparation.  (with P. Rodrigues) (English and Portuguese versions)

 

Publication - Textbooks

1.  Microeconomics, Prentice-Hall, Inc.
In preparation (with D. Campbell)
2. Mathematics for Economists, Prentice-Hall, Inc

In preparation (with D. Campbell)

3. Lecture Notes on "Policy Evaluation and Cost-Benefit Analysis"
 

 

Publications - Chapters in Books, Conference Proceedings, and Book Reviews

1. Piggott, J. and J. Whalley, eds., New Developments in Applied General Equilibrium Analysis, Cambridge University Press, 1985.
Reviewed in The Economic Record, 1987 (pp. 285-297). (with J. Shoven)
2. Manne, A.S., ed., Economic Equilibrium: Modeling and Computation, Mathematical + Programming Series No. 23, North-Holland, 1986.
Reviewed in Journal of Economics, 1987 (pp. 26-28). (with J. Shoven)
3. Ng, Y., Mesoeconomics: A Micro-Macro Analysis,
St. Martin's Press, 1986.
Reviewed in Journal of Economic Literature, 1988 (pp. 1177-1178).
4. "Implicit Taxation, Investment, and Development in
Portugal,"
In
Portugal and the Transition for the Economic and Monetary Union, Ministry of Finance, Portugal, 1991 (pp. 231-245). (with V. Gaspar)
5. "The Trade-Off Between Emigration and Remittances in the Portuguese Economy."
In The Portuguese Economy Towards 1992, F. do Amaral, D. Lucena, and A. Mello, eds., Kluwer Academic Press, 1992 (pp. 175-198).
6. "Liberalization of Labor Force Movements in the EC and the Effects of Structural Funds."
In EC Structural Funds - What Future? Ministry of Planning,
Portugal, 1992 (pp. 73-89).
7. "Reforming the Portuguese Social Security System," (in Portuguese),
In Papers and Proceedings of the Third International Seminar on Risk and Insurance, 1996.
8. "Why is the Welfare State a Problem? Present, Future and Models,”

in Papers and Proceedings of the X International Conference of Business Associations, (with D. Lucena and M. Gouveia)

9. Turnovsky, S., International Macroeconomic Dynamics, MIT Press.
Reviewed in Review of International Economics.
10. Auerbach, A., editor, Fiscal Policy, MIT Press
Reviewed in Journal of Economic Literature.
11. "Labor Taxes and Long Term Economic Performance in
Portugal"

in How is the Portuguese Economy? CISEP Editors, 2001.
12. "Public Deficits and Economic Performance"

in The Long-term Budget Challenge of the G-7 Nations: An International Perspective J. Hollifield and D. Ippolito Eds, (with P. Rodrigues).

13. "Ageing and Public Pensions in Portugal: A Snapshot Before the Reform,"

Budgetary Challenges Posed by Ageing Populations, European Economy - Reports and Studies, 2001, No.4. (with P. Rodrigues)

14. "Tax Reform in a Context of Budgetary Restraint:  A Note on the Portuguese Case,"

in The Impact of Fiscal Policy, F. Balassone, D. Franco, and S. Momigliano Eds, Banca d’Italia, 2002. (with P. Rodrigues).

15, "Macroeconomic Adjustment to Structural Change,"

in Macroeconomic Transitions, Bank of Hungary, ( with V. Gaspar and G. Fagen).

 

Publications - Policy Reports

1. "Portugal and the European Community: On the Effects of Financial Integration and Structural Programs on Investment and Economic Growth."
Report to the Ministry of
Finance, Portugal, 1990. (with V. Gaspar)
2. "International Capital and Labor Flows and Economic Growth with an Application to the
Portugal"
Report to the Secretariat of State for Planning and Regional Development,
Portugal, 1991.
3. "A Dynamic General Equilibrium Analysis of EC Structural Funds (with an application to
Portugal)."
Report to the Directorate General for the Coordination of Structural Policies of the Commission of the European Communities, 1991.
4. "Structural Policies in the EC: An International Comparison."
Report to the Directorate General for the Coordination of Structural Policies of the Commission of the European Communities, 1992.
5. "On the Effects on the Portuguese Economy of the Regional Development Plan for 1994-1999."
Report to the Ministry of
Finance, Portugal, 1993.
6. "Evaluation of the Community Support Framework for 1994-1999,"
Report to the Directorate General for Regional Policies of the Commission of the European Communities, 1994.
7. "The Financing of the Portuguese Social Security System," (in Portuguese),
Report to the Minister of Labor and
Social Security, Portugal. 1994. (with V. Gaspar and D. Lucena).
8. "Social Security and Long Term Growth,"
Report to Forum de
Administradores de Empresas, Portugal. 1996.
9. "The CSF 1989-93 and Economic Performance in
Portugal,"
Report to the Directorate General for Regional Development,
Portugal. 1996.
10. "A Comparative Analysis of the CSF 1989-93 and the CSF 1994-99 for
Portugal"
Report to the Directorate General for Regional Development,
Portugal. 1996.
11. "Why is the Welfare State a Problem? Present, future, and models"
Forum de Administradores de Empresas Pub, 1996.
(with Diogo Lucena and Miguel Gouveia) (in English, Portuguese, and Spanish)
12. "Contributions for the Debate on the Future of Structural Transfers in the EU,"
Report to the Directorate General for Regional Development,
Portugal. 1996.
13. "Labor Taxes and Economic Performance in
Portugal."
Report to the Research Department, Ministry of Finance,
Portugal. 1997
14.
"A Simulation Model for Tax Policy Evaluation for
Portugal"
Report to the Research Department, Ministry of Finance,
Portugal. 1998.
15. "A Dynamic Macroeconomic Model for the Portuguese Economy"
Report to the Research Department, Bank of
Portugal, Portugal. 1998.
16. "Social Security Reform in
Portugal"
Report to Forum de
Administradores de Empresas, Portugal. 1998.
17. "On the Fiscal Effects of Ageing in
Portugal"
Report to the Working Group on Ageing of the European Commission. 2000. (with P. Rodrigues)
18.  "Investment in Infrastructure in
Portugal"
Report to the Ministry of Planning,
Portugal, 2000. (with J. Andraz)

19. “Public Investment and Economic Performance in Portugal
Report to the Portuguese American Foundation, 2003.  (with J. Andraz)
20. “Social Security Reform in
Portugal
Portuguese American Foundation, in preparation.  (with P. Rodrigues)

 

Foreign Language Skills

French - fluent
Hebrew - basic

Portuguese - native speaker
Spanish - very fluent
 

 

Professional Memberships

American Economic Association

Association of Portuguese Research Economists 

International Economics and Finance Society 

National Tax Association

Western Economics Association International.
 

Refereeing

American Economic Review, Contemporary Policy Issues, Economic Journal, Energy, European Economic Review, International Economic Review, International Tax and Public Finance, Journal of Asian Economics, Journal of Development Economics, Journal of Economics Dynamics and Control, Journal of Economic Growth, Journal of Economic Theory, Journal of International Economics, Journal of Monetary Economics,  Journal of Money Credit and Banking, Journal of Policy Modeling, Journal of Policy Reform, Journal of Public Economics, Journal of Regional Science, Journal of Urban Economics, National Science Foundation, National Tax Journal, Portuguese Economic Journal, Public Finance and Management, Public Finance Review, Quarterly Journal of Economics, Regional Science and Urban Economics, Review of Development Economics, Review of Economics of the Household, Review of Economics and Statistics, Review of International Economics, Spanish Economic Review, Swiss National Science Foundation.

 

 

Editorial Council

Portuguese Economic Journal

Review of International Economics.