The paper presents a dynamic model for the analysis of the National Agricultural Research Systems (NARS) strategy. In a context of increasing globalisation, both intersectoral and international technology spill-ins may greatly affect the NARS design, and this paper proposes an analytical...

We examine in this paper the importance of banks' behavior in the transmission of the monetary policy to the real economy. Monthly data from eight economies in transition that recently became members of the European Union and the techniques of cointegration and Error Correction models are used,...