This article examines the FDI in Romania using the autoregressive distributed lag model (ARDL) compared with conventional (error correction model) ECM. The results based on the bounds testing procedure implemented by Pesaran in 2001, confirm that a stable, long-run relationship exists between...

The impact of crime on economic growth is obviously substantial, but measuring the degree of its effects on a country's economic performance is subject to a great deal of uncertainty. This paper primarily attempts to close this gap using the economics of crime monitoring model, a new economic...

For research purposes, in order to show relationships between values of American S&P500 index and Polish WIG index, two models have been constructed. Because of the volume of the American Stock Exchange, the analysis should answer the question of “how the situation on American Stock Exchange...

In this paper we test for hysteresis in the Italian unemployment using two recently proposed unit root and stationarity tests which allow for the presence of structural breaks. The analysis conducted at the regional level reveals that the finding of hysteresis in national Italian unemployment...

To account for employment evolutions at the macro-economic level, we propose a modelling where employment is explained by added value, working time and real labour cost. Estimations using quarterly French macro-economic data are carried out in a multivariate framework for three sets of sectors....