Questions of interest among monetary policy makers involves the identification and analysis of various relationships between macroeconomic variables. To analyze these variables and their interrelations it is necessary to build a macroeconomic model which is based on a vector autoregressive, and...

Albeit positive outcomes for migrants and their destination countries, there is a growing body of research claiming that migration of young skilled workforce has a significant impact on the structure of domestic labor market and productivity output of the country of origin. In this context, a...

This paper assesses the impact of certain social factors on income inequalities in the EU. We applied Panel Estimated Generalized Least Squares method on two clusters, developed vs developing countries. We concluded that the relationship between historical income inequality and its current...

The globalism of the post-crisis economy accentuates more and more the present risk and uncertainty condition. The normal corporate reactions in this situation can only arise starting from an “exploration” and understanding of the turbulence and chaos that manifest themselves increasingly...