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Croatian economy is largely dependent on tourism, the direct contribution of travel and tourism to GDP is 10.7%, while total contribution amounts 24.7%, tourism has great impact on employment also. Since tourism is one of the most important sectors for Croatian economy, the aim of this research...
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The quantity theory of money is a theory that the quantity of money matters in income creation. Curiously, this theory …
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The paper aims to examine the effects of global economic policy uncertainty and monetary policy on corporate investment in Vietnam. Furthermore, this study develops a portfolio choice model by incorporating monetary policy, economic policy uncertainty and analyzes the determinants of firms’...
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This paper shows that deviations from long-run price stability are optimal in the presence of price stickiness whenever profit and utility flows are discounted at a different rate. In that case, a monetary authority acting under commitment will choose a path for the inflation rate that ends with...
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