What are the attitudes of people in Russia and Ukraine about their coexistence with immigrants? Are they similar to the attitudes of people in European countries? This study compares possible determinants of attitudes towards immigrants in the European Union, Russia and Ukraine. The comparative...

This paper describes the results of the application of multivariate statistical analysis and econometric modelling to assess the creditworthiness of non-financial companies on the micro and macro levels. On the basis of company's financial reports data we propose a system of credit measures...

This paper constructs a DSGE model for an economy with commodity exports. We estimate the model using Russian data, making a special focus on quantitative effects of commodity price dynamics. There is a widespread belief that economic activity in Russia crucially depends on oil prices, but...

The present paper emphasises that socioeconomic systems are complex systems due to two entangled categories characterising their constituents: heterogeneity and interaction as the main sources of complexity and emergence. This perspective is developed by reasoning on the double-face problem of...

Prediction of future security returns is possible by decomposing a securities price into weighted superpositions of underlying basis states, given stationary distributions of the basis states. The (ensemble) Hilbert-Huang transform (HHT) is an empirical two-step online methodology which carries...

We investigated the relationship among inflation, output gap, and money in the time-frequency space for Malaysia over the period 1986:2-2008:12. We utilised the wavelet coherence and phase difference in continuous wavelet analysis and multiresolution in discrete wavelet analysis. We then...

A direct method is offered for numerical solution of free-horizon optimal control problems. The method first represents the problem with discrete dynamics. Next, given a fixed number of decisions, not only the decisions, but also the decision frequencies are optimised to construct the optimal...