Should state regulatory involvement in the economy necessarily generate corruption? While excessive regulatory burden is often treated as a cause of corruption, this paper argues otherwise. It disentangles the economic effects of regulatory policy from those of regulatory implementation and...

The interest group theories that link regulations and activities of special interest groups, predict higher levels of collective action to coincide with more extensive regulations. The fact that economic regulations and enforcement mechanisms may impose the costs on interest organization and...

The development of a methodology for the growth of the stock market through a deep transformation of the economic development system and introduction of digital technologies. The article is devoted to the study of the development of stock markets' actual problems that affect the redistribution...

The development of a methodology for the growth of the stock market through a deep transformation of the economic development system and introduction of digital technologies. The article is devoted to the study of the development of stock markets’ actual problems that affect the redistribution...

In this paper we investigate the role of self-learning agents in multi-agent models of financial markets. We develop an agent-based simulation model of a financial market and in addition to the agents with fixed strategies used in previous research, we introduce an agent with a self--learning...

Catastrophic and urgent events, such as the COVID-19 pandemic, are known not only to polarize societies and induce selfish, individualistic behavior, but might also motivate altruistic behavior. We have analyzed COVID-19 perception using data collected from the Polish-language Internet from...

Since the onset of HIV/AIDS awareness in the early 1980s, much attention has centered around the substantial negative effects of the disease throughout the world. This paper provides evidence of a secondary effect the disease has had on sexual behavior in the United States. Using a...

We use tests for structural change to identify periods of low, positive, and negative Taylor rule deviations, the difference between the federal funds rate and the rate prescribed by the original Taylor rule. The tests define four monetary policy eras: a negative deviations era during the Great...

Suppose that the Fed were to adopt a policy rule. Which rule should it adopt? We propose three criteria. First, the rule should be consistent with good economic performance over a long historical period. Second, the rule should be consistent with recent Fed policy following the Great Recession....