Leonor Modesto

Research Fellow

Universidade Catolica Portuguesa, Lisbon

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Research Interests

Leonor Modesto is Full Professor of Economics at the Catolica Lisbon School of Business and Economics. She received her primary degree in Economics from Catolica Lisbon School of Business and Economics in 1980 and her Ph.D. from the Université Catholique de Louvain, Belgium, in 1987. She was President of the Association of Southern European Economic Theorists (ASSET) from 2009 to 20011. Her current research interests cover labor economics (education, labor market dynamics, trade unions, employment policies, and labor market failures in general), endogenous fluctuations and industrial organization. She has published in the Journal of Economic Theory, Economic Theory, Journal of Mathematical Economics, Macroeconomic Dynamics, Mathematical Social Sciences, Labor Economics, Labour, Journal of Population Economics, International Journal of Industrial Organization, Economic Modelling, Environmental and Resource Economics, International Review of Applied Economics, International Journal of Production Economics and Economia.

Leonor Modesto became a Research Fellow of IZA in October 1999.

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IZA Publications

IZA Discussion Paper No. 16825
Altruism, Human Capital and Environmental Preservation in a Globalized Economy
Stéphane Bouché, Leonor Modesto
IZA Discussion Paper No. 14047
Intra-Industry Trade, Involuntary Unemployment and Macroeconomic Stability
Antoine Le Riche, Teresa Lloyd-Braga, Leonor Modesto
IZA Discussion Paper No. 10090
Inequality and Growth: The Role of Human Capital with Heterogeneous Skills
Kirill Borissov, Stefano Bosi, Thai Ha-Huy, Leonor Modesto
published as 'Heterogeneous human capital, inequality and growth: The role of patience and skills' in: International Journal of Economic Theory, 2020 (4), 399-419
IZA Discussion Paper No. 7888
Employment Dynamics and Redistributive Policies under Workers' Social Norms
Rodolphe Dos Santos Ferreira, Teresa Lloyd-Braga, Leonor Modesto
published as 'The destabilizing effects of the social norm to work under a social security system' in: Mathematical Social Sciences, 2015, 76, 64-72
IZA Discussion Paper No. 6876
Can Taxes Stabilize the Economy in the Presence of Consumption Externalities?
Teresa Lloyd-Braga, Leonor Modesto
published in K. Nishimura et al. (eds.), Sunspots and Non-Linear Dynamics, Studies in Economic Theory 31, Springer 2017.
IZA Discussion Paper No. 5603
Market Distortions and Local Indeterminacy: A General Approach
Teresa Lloyd-Braga, Leonor Modesto, Thomas Seegmuller
published in: Journal of Economic Theory, 2014, 151, 216–247
IZA Discussion Paper No. 4302
Expected Inflation, Sunspots Equilibria and Persistent Unemployment Fluctuations
Frédéric Dufourt, Teresa Lloyd-Braga, Leonor Modesto
IZA Discussion Paper No. 1157
Unions, Firing Costs and Unemployment
Leonor Modesto
published in: Labour, 2008, 22 (3), 509 - 546
IZA Discussion Paper No. 230
Should I Stay or Should I Go? Educational Choices and Earnings: An Empirical Study for Portugal
Leonor Modesto
published in: Journal of Population Economics, 2003, 16 (2), 307-322
IZA Discussion Paper No. 229
Unions, Increasing Returns and Endogenous Fluctuations
Rui Coimbra, Teresa Lloyd-Braga, Leonor Modesto
published as 'Endogenous fluctuations in unionized economies with productive externalities' in: Economic Theory, 2005, 26 (3), 629-649
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