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convergence and clustering procedure of Phillips and Sul (2007). Using quarterly data covering the period of 1974Q1 to 2012Q4 … provinces do not form a homogeneous convergence club. In particular, the aggregate housing market supports the presence of three … convergence clubs with the tendency of provinces to converge or diverge varying across subsequent segments. Unlike the middle …
Persistent link: https://www.econbiz.de/10010764582
Persistent link: https://www.econbiz.de/10010557919
Purpose –This paper aims to explore convergence of accounting standards across worldwide adopted measures to … a tendency to act so. Design/methodology/approach –The new panel convergence methodology, developed by Phillips and Sul … attempts to formally measure whether the accounting world exhibits a tendency for accounting standards convergence or whether …
Persistent link: https://www.econbiz.de/10010941817
This paper estimates Okun's coefficient for certain regional areas in Greece over the period 1960-1997. Through the Hordic-Prescott filtering anf the band-pass filtering the empirical analysis shows that the coefficient do not exhibits substantial interregional differences, exept for the case of...
Persistent link: https://www.econbiz.de/10014217075
Over the period under consideration, Russia continued to be faced with uncertainty in the sphere of fi nancial policy. The anti -crisis package put forth by the RF Government was the focus of attention.
Persistent link: https://www.econbiz.de/10011240312
The following developments marked the period under review: the Gaidar Forum 2015 was held in Moscow on January 14–16, the World Economic Forum’s Annual Meeting was held in Davos (Switzerland) on January 21–23, 2015, as well as a draft document of anti -crisis measures aimed at tackling the...
Persistent link: https://www.econbiz.de/10011196634
In the period under review, the Government of the Russian Federation has confirmed its position which consists in the fact that in the next few years it will not change the existing rules of taxation. At the same ?? me, the business has become more active in promo?? on of proposals to reduce a...
Persistent link: https://www.econbiz.de/10010693831
In the period of 2013 under review, President Putin presented a Budget Message in which he outlined the guidelines for the state monetary policy in years to come, and the Taxation Policy Guidelines for 2014–2016 adopted by the Russian Government were published. Both documents showed higher...
Persistent link: https://www.econbiz.de/10010693833
It is impressive what the Supreme Arbitration (Commercial) Court of the Russian Federation (the SAC of Russia) managed to achieve in order to adapt Russia’s law enforcement practices to a free-market environment against general uncertainty regarding the state financial policy. First of all,...
Persistent link: https://www.econbiz.de/10010699547
The political events that took place in the period under review, concerning the declaration of independence of the Crimea from Ukraine, the referendum in the Crimea which gave rise to signing an agreement on the accession of the Republic of Crimea and the city of Sevastopol to the Russian...
Persistent link: https://www.econbiz.de/10010764932