Joaquim J.S. Ramalho

Published papers
#	Year	Authors	Title	Journal / Book	Volume and pages	Supplementary Files
42	2024	Morais, F., J. Ferreira, L. Marques, J.J.S. Ramalho	The effect of environment, social and governance on demand and supply of debt	Applied Economics	forthcoming
41	2024	Hou, Z., C.R. Palma, J.J.S. Ramalho	Can operational efficiency in the Portuguese electricity sector be improved? Yes, but...	Energy Policy	190, article 114146
40	2024	Morais, F., Z. Serrasqueiro, J.J.S. Ramalho	The zero-leverage phenomenon in European listed firms: a financing decision or an imposition of the financial market?	BRQ Business Research Quarterly	27(3), 301-323
39	2023	Pedro, C.P., J.S.S. Ramalho and J.V. Silva	How to measure banking regulation and supervision	Research in International Business and Finance	66, article 102059
38	2022	Morais, F., Z. Serrasqueiro, J.J.S. Ramalho	Capital structure speed of adjustment heterogeneity across zero leverage and leveraged European firms	Research in International Business and Finance	62, article 101682
37	2022	Morais, F., Z. Serrasqueiro, J.J.S. Ramalho	The heterogeneous effect of governance mechanisms on zero-leverage phenomenon across financial systems	Corporate Governance	22(1), 67-88
36	2021	Hou, Z., C.R. Palma, J.J.S. Ramalho	Does directed technological change favor energy? Firm-level evidence from Portugal	Energy Economics	98, article 105248
35	2020	Hou, Z., C.R. Palma, J.J.S. Ramalho	Directed technological change, energy and more: a modern story	Environment and Development Economics	25(6), 611-633
34	2020	Stephan, U., S.M. Tavares, H. Carvalho, J. Ramalho, S. Santos, M. van Veldhoven	Self-employment and eudaimonic well-being: energized by meaning, enabled by societal legitimacy	Journal of Business Venturing	35(6), article 106047
33	2020	Morais, F., Z. Serrasqueiro, J.J.S. Ramalho	The zero-leverage phenomenon: a bivariate probit with partial observability approach	Research in International Business and Finance	53, article 101201
32	2019	Ramalho, J.J.S.	Modeling fractional responses using R	Conceptual Econometrics Using R - Handbook of Statistics 41, H.D. Vinod, C.R. Rao (eds.)	Elsevier, 245-279
31	2018	Ramalho, J.S.S., R. Rita and J.V. Silva	The impact of family ownership on capital structure of firms: Exploring the role of zero-leverage, size, location and the global financial crisis	International Small Business Journal	36(5), 574-604
30	2018	Pedro, C.P., J.S.S. Ramalho and J.V. Silva	The main determinants of banking crises in OECD countries	Review of World Economics	154(1), 203-227	Appendix
29	2018	Ramalho, E.A., J.J.S. Ramalho and L.M.S. Coelho	Exponential regression of fractional-response fixed-effects models with an application to firm capital structure	Journal of Econometric Methods	7(1), article 20150019	Zip file
28	2017	Barreira, A.P., J.J.S. Ramalho, T. Panagopoulos and M.H. Guimarães	Factors driving the population growth and decline of Portuguese cities	Growth and Change	48(4), 853-868
27	2017	Ramalho, E.A., J.J.S. Ramalho and R. Evangelista	Combining micro and macro data in hedonic price indexes	Statistical Methods and Applications	26(2), 317-332
26	2017	Ramalho, E.A. and J.J.S. Ramalho	Moment-based estimation of nonlinear regression models with boundary outcomes and endogeneity, with applications to non-negative and fractional responses	Econometric Reviews	36(4), 397-420	Data (txt), Code (R)
25	2016	Bastos, J.A. and J.J.S. Ramalho	Nonparametric models of financial leverage decisions	Bulletin of Economic Research	68(4), 348-366
24	2016	Murteira, J.M.R. and J.J.S. Ramalho	Regression analysis of multivariate fractional data	Econometric Reviews	35(4), 515-552
23	2014	Ramalho, E.A., J.J.S. Ramalho and J.M.R. Murteira	A generalized goodness-of-functional form test for binary and fractional regression models	Manchester School	82(4), 488-507	Data (dta), Data (txt), Code (Stata), Code (R)
22	2014	Ramalho, E.A. and J.J.S. Ramalho	Convenient links for the estimation of he donic price indexes	Statistica Neerlandica	68(2), 91-117	Supplement
21	2013	Brito, D., P. Pereira and J.J.S. Ramalho	Mergers, coordinated effects and efficiency in the Portuguese non-life insurance industry	International Journal of Industrial Organization	31(5), 554-568
20	2013	Murteira, J.M.R., E.A. Ramalho and J.J.S. Ramalho	Heteroskedasticity testing through comparison of Wald-type statistics	Portuguese Economic Journal	12(2), 131-160
19	2013	Ramalho, J.J.S. and J.V. Silva	Functional form issues in the regression analysis of financial leverage ratios	Empirical Economics	44(2), 799-831
18	2012	Guggenberger, P., J.J.S. Ramalho, R.J. Smith	GEL statistics under weak identification	Journal of Econometrics	170(2), 331-349
17	2012	Ramalho, E.A., J.J.S. Ramalho and J.M.R. Murteira	A supremum-type RESET test for binary choice models	Economics Bulletin	32(1), 905-912
16	2012	Ramalho, E.A. and J.J.S. Ramalho	Alternative versions of the RESET test for binary response index models: a comparative study	Oxford Bulletin of Economics and Statistics	74(1), 107-130
15	2011	Ramalho, E.A., J.J.S. Ramalho and J.M.R. Murteira	Alternative estimating and testing empirical strategies for fractional regression models	Journal of Economic Surveys	25(1), 19-68
14	2010	Ramalho, E.A., J.J.S. Ramalho and P.D. Henriques	Fractional regression models for second stage DEA efficiency analyses	Journal of Productivity Analysis	34(3), 239-255	Data (dta), Data (txt), Code (Stata), Code (R)
13	2010	Ramalho, E.A. and J.J.S. Ramalho	Is neglected heterogeneity really an issue in binary and fractional regression models? A simulation exercise for logit, probit and loglog models	Computational Statistics and Data Analysis	54(4), 987-1001
12	2009	Ramalho, J.J.S. and J.V. Silva	A two-part fractional regression model for the financial leverage decisions of micro, small, medium and large firms	Quantitative Finance	9(5), 621-636
11	2009	Ramalho, J.J.S.	A test statistic equation for obtaining alternative Wald and score statistics in the generalized method of moments framework	Applied Economics Letters	16(5), 489-494
10	2007	Ramalho, E.A. and J.J.S. Ramalho	On the weighted maximum likelihood estimator for endogenous stratified samples when the population strata probabilities are unknown	Applied Economics Letters	14(3), 171-174
9	2006	Ramalho, E.A. and J.J.S. Ramalho	Bias-corrected moment-based estimators for parametric models under endogenous stratified sampling	Econometric Reviews	25(4), 475-496
8	2006	Baptista, J.A.G., J.J.S. Ramalho and J.V. Silva	Understanding the microenterprise sector to design a tailor-made microfinance policy for Cape Verde	Portuguese Economic Journal	5(3), 225-241
7	2006	Ramalho, E.A. and J.J.S. Ramalho	Two-step empirical likelihood estimation under stratified sampling when aggregate information is available	Manchester School	74(5), 577-592
6	2006	Ramalho, J.J.S.	Bootstrap bias-adjusted GMM estimators	Economics Letters	92(1), 149-155
5	2005	Ramalho, J.J.S.	Feasible bias-corrected OLS, within-groups, and first-differences estimators for typical micro and macro AR(1) panel data models	Empirical Economics	30(3), 735-748
4	2005	Newey, W.K., J.J.S. Ramalho and R.J. Smith	Asymptotic bias for GMM and GEL estimators with estimated nuisance parameters	Identification and Inference in Econometric Models: Essays in Honor of Thomas J.U. Rothenberg, D.W.K. Andrews and J.H. Stock (eds.)	Cambridge University Press, 245-281
3	2005	Ramalho, J.J.S.	Small sample bias of alternative estimation methods for moment condition models: Monte Carlo evidence for covariance structures	Studies in Nonlinear Dynamics and Econometrics	9(1), article 3
2	2002	Ramalho, J.J.S. and R.J. Smith	Generalized empirical likelihood non-nested tests	Journal of Econometrics	107(1/2), 99-125
1	1997	Ramalho, J.J.S.	Testes de especificação para modelos de regressão para dados de contagem. Estudo de simulação sobre a aplicação de testes de hipóteses não encaixadas	Economia	21, 67-91

Funded research and industry-related projects
Period	Title	Funding institution	Role
2012-2015	Theoretical Developments in the Regression Analysis of Fractional Data and its Applications to Finance	FCT (Portuguese Foundation for Science and Technology) - PTDC/EGE-ECO/119148/2010	Principal Investigator
2011-2014	Family-Owned Fims: Financing and Survival	FCT (Portuguese Foundation for Science and Technology) - PTDC/EGE-GES/116004/2009	Research team member
2010-2012	Coordination and Support for the Owner-Occupied Housing Statistics Pilot Project	Statistics Portugal / EUROSTAT	Consultant
2007-2010	Econometric Models for Fractional Response Variables with Applications to Corporate Financing Choices	FCT (Portuguese Foundation for Science and Technology) - PTDC/ECO/64693/2006	Principal Investigator
2007-2008	Development of an Econometric Model of Industrial Organization for the Insurance Sector	Portuguese Competition Authority	Consultant

Working-papers
Authors	Title	Supplementary Files
Ramalho, J.J.S. and R.J. Smith	Goodness of fit tests for moment condition models

Code
Year	Authors	Title	Statistical package
2015	Ramalho, J.J.S.	frmpd: Regression Analysis of Panel Fractional Responses	R
2014	Ramalho, J.J.S.	frmhet: Regression Analysis of Fractional Responses Under Heterogeneity	R
2014	Ramalho, J.J.S.	frm: Regression Analysis of Fractional Responses	R
2013	Ramalho, J.J.S.	FRM: Stata Module to Estimate and Test Fractional Regression Models	Stata