The experience from the recent global financial crisis on 2008/2009 showed that most macroeconomic instabilities came from the financial/banking sector. The condition of the financial system may affect monetary stability, through excessive pro-cyclicality in the financial system. Agung et al...

The global economic and financial crisis (2008-2009) showed that growing sectoral imbalances (for example, too much housing investment) and financial risks (for instance,excessively leveraged financial institutions, excess household indebtedness, excess maturity mismatches in the banking system,...

Women in developing countries invest a larger part of their income in their children’s nutrition, health and education than men (Hoddinott et al., 1995; Strauss et al., 2000; Gammage, 2006; Quisumbing et al., 2006). As a result, financial resources acquired by women bring forth a long-time reduction in...

Degradation of the environment, including the pollution of water, soil and air, the irreversible loss of biodiversity, and depletion of natural resources are global threats to sustainable development. The threats are enhanced by the impact of climate change already being felt in many developing...

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This paper considers structural models when both I(1) and I(0) variables are present. The structural shocks associated with either set of variables could be permanent or transitory. We therefore classify the shocks as (P1,P0) and (T1,T0), where P/T distinguishes permanent and transitory, while...

Demographic trends and ageing are one of the main factors influencing future trends in the socio-economic development of all European countries included in significant changes in labour market structure. This paper analyse the influence of demographic changes on health care demand based on...

This study highlights the role of Sudanese women entrepreneur in changing their life style by running small-micro business activities; also the study investigates how small-micro business activities affect women’s empowerment. And what are the strategies can be stated to empower women and...

Although there are several papers in the literature that look at the theoretical effects of automatic stabilizers and its efficiency, few of them present empirical evidence. This paper conducts an empirical study of the effects of fiscal policy as an automatic stabilizer.In the first part of...