The article examines the features of the banking system development of Central and Eastern European countries in transition. Also, the structural, the qualitative and the quantitative changes, the effects of financial reforms, that have taken place in the banking sector in these countries and...

The bulk of the literature investigating persistence properties of non-renewable resource prices series has focused on application of unit root tests. This paper contributes to the debate, applying a methodology which allows (1) robust detection of the presence and (if so) the number of changes,...

We analyze the effects of mergers and the introduction of concurrent marketing mechanisms on the seller’s revenue, price trend and efficiency in sequential auctions under complete information with asymmetric bidders. First, we provide conditions for bidders to be strategic when the number of...

Доклад посвящен исследованию некоторых итогов социально-экономического развития постсоветских стран и их взаимного сотрудничества за двадцать лет...