The purpose of this paper is to test the hypothesis first documented by Romer (1993), that inflation is lower in more open economies. According to this hypothesis, central banks have a smaller incentive to engineer surprise inflations in economies that are more open because the Phillips curve is...

One way to finance government expenditures is to collect taxes. Regarding to this financial source compared with other sources positive tax knowledge sharing amongst people or tax payers lead to effective investment. Unlike developing countries in developed countries - that taxes have little...

This paper assumes the organization as a distributed decision network. It proposes an approach based on application and extension of information theory concepts, in order to analyze informational complexity in a decision network, due to interdependence between decision centers. Based on this...