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Economics and Finance
Portugal
2026

D-Index & Metrics

Economics and Finance

D-Index
62
Citations
18685
World Ranking
741
National Ranking
2

Research.com Recognitions

  • 2026 - Research.com Economics and Finance in Portugal Leader Award
  • 2025 - Research.com Economics and Finance in Portugal Leader Award
  • 2024 - Research.com Economics and Finance in Portugal Leader Award
  • 2023 - Research.com Economics and Finance in Portugal Leader Award
  • 2022 - Research.com Economics and Finance in Portugal Leader Award

Overview

Antonio Afonso is affiliated with the University of Lisbon in Portugal and primarily works in the field of Economics, Econometrics and Finance. Their research spans several interconnected subfields, including Economics and Econometrics, Finance, General Economics, Econometrics and Finance, Political Science and International Relations, and Strategy and Management.

The main topics covered in Antonio Afonso's work include:

  • Fiscal Policy and Economic Growth
  • Fiscal Policies and Political Economy
  • Monetary Policy and Economic Impact
  • Global Financial Crisis and Policies
  • Local Government Finance and Decentralization
  • State Capitalism and Financial Governance
  • Banking stability, regulation, efficiency

Antonio Afonso has published frequently in venues such as SSRN Electronic Journal, Comparative Economic Studies, Applied Economics, Economic Change and Restructuring, and the European Journal of Political Economy. The SSRN Electronic Journal features the highest number of their publications.

Recent papers authored by Antonio Afonso include:

  • "The effects of macroeconomic, fiscal and monetary policy announcements on sovereign bond spreads" (2020), published in International Review of Law and Economics
  • "Beyond borders: Assessing the influence of Geopolitical tensions on sovereign risk dynamics" (2024), published in European Journal of Political Economy
  • "The (non-)Keynesian effects of fiscal austerity: New evidence from a large sample" (2022), published in Economic Systems
  • "Do financial markets reward government spending efficiency?" (2022), published in Journal of International Financial Markets Institutions and Money
  • "Does Government Spending Efficiency Improve Fiscal Sustainability?" (2022), published in SSRN Electronic Journal

The scientist collaborates frequently with other researchers. Their most frequent co-authors include José Alves, João Tovar Jalles, Sofia Monteiro, José Carlos Coelho, and Ana Venâncio.

Best Publications

  • Public sector efficiency: an international comparison

    António Afonso;Ludger Schuknecht;Vito Tanzi

  • Government size, composition, volatility and economic growth

    António Afonso;António Afonso;Davide Furceri;Davide Furceri

  • Public sector efficiency: evidence for new EU member states and emerging markets

    António Afonso;Ludger Schuknecht;Vito Tanzi

  • Non-Parametric Approaches to Education and Health Efficiency in OECD Countries

    António Afonso;Miguel St. Aubyn

  • Cross-country Efficiency of Secondary Education Provision: a Semi-parametric Analysis with Non-discretionary Inputs

    António Afonso;António Afonso;Miguel St. Aubyn

  • Sovereign credit ratings and financial markets linkages: Application to European data

    António Afonso;António Afonso;Davide Furceri;Davide Furceri;Pedro Gomes

  • The macroeconomic effects of fiscal policy

    António Afonso;Ricardo M. Sousa

  • Understanding the determinants of sovereign debt ratings: Evidence for the two leading agencies

    Antonio Afonso

  • Fiscal Sustainability: the Unpleasant European Case *

    António Afonso

  • Assessing and explaining the relative efficiency of local government

    António Afonso;António Afonso;Sónia Fernandes

  • Non-parametric Approaches to Education and Health Expenditure Efficiency in OECD Countries

    António Afonso;Miguel St. Aubyn

  • Short- and long-run determinants of sovereign debt credit ratings

    António Afonso;António Afonso;Pedro Gomes;Philipp Rother

  • Income Distribution Determinants and Public Spending Efficiency

    António Afonso;António Afonso;Ludger Schuknecht;Vito Tanzi

  • Growth and Productivity: the role of Government Debt *

    António Afonso;António Afonso;João Tovar Jalles

  • Quality of public finances and growth

    António Afonso;Werner Ebert;Ludger Schuknecht;Michael Thone

  • Measuring local government spending efficiency: Evidence for the Lisbon region

    António Afonso;Sónia Fernandes

  • What “hides” behind sovereign debt ratings?

    Antonio Afonso;Pedro Gomes;Philipp Rother

  • MACROECONOMIC RATES OF RETURN OF PUBLIC AND PRIVATE INVESTMENT: CROWDING‐IN AND CROWDING‐OUT EFFECTS

    António Afonso;Miguel St. Aubyn

  • Fiscal developments and financial stress: a threshold VAR analysis

    António Afonso;Jaromír Baxa;Jaromír Baxa;Michal Slavík

  • What do we Really Know about Fiscal Sustainability in the EU? A Panel Data Diagnostic

    António Afonso;António Afonso;Christophe Rault

  • Ricardian fiscal regimes in the European Union

    António Afonso;António Afonso

Frequent Co-Authors

João Tovar Jalles
João Tovar Jalles University of Lisbon
Christophe Rault
Christophe Rault University of Orléans
Davide Furceri
Davide Furceri International Monetary Fund
Ricardo M. Sousa
Ricardo M. Sousa University of Minho
Ludger Schuknecht
Ludger Schuknecht Asian Infrastructure Investment
Vito Tanzi
Vito Tanzi Independent Scientist / Consultant, US
Peter Egger
Peter Egger ETH Zurich
Carlos Pestana Barros
Carlos Pestana Barros University of Lisbon

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