While there is a large body of literature on oil uncertainty-equity prices and/or returns nexus, an associated important question of how oil market uncertainty affects stock market bubbles remains unanswered. In this paper, we first use the Multi-Scale Log-Periodic Power Law Singularity...

Renewable energy promotion has been one of the key driving forces of the world's climate change mitigation strategy. Policymakers have argued that the transition towards a low-carbon energy system has sound economic and social reasoning, since generates economic growth and employment. This...

Renewable energy promotion has been one of the key driving forces of the world’s climate change mitigation strategy. Policymakers have argued that the transition towards a low-carbon energy system has sound economic and social reasoning, since generates economic growth and employment. This...

The aim of this study is to investigate whether the level of financial development can make a significant contribution to the Foreign Direct Investment¡¯s (FDI) positive impact on economic growth. In other words, to examine whether the contribution of FDI on growth is relatively more important...

The paper examines the political business cycle at the municipal level in the Czech Republic using data for 205 municipalities in the period 2001-2007. We introduce empirical models based on fixed-effects panel data regression testing the capital and current expenditure manipulation prior to...