In this article the theoretical analysis and practical application of Bayesian approach for vector autoregressive model parameters estimation with different priors have been peformed. The time series was from 2001Q1 to 2010Q4 and included the following variables: GDP, CPI, exchange rate,...

This article analyzes the relations between capital and labor in the aspects of reproductive processes and social and economic development. Labour and capital are linked through the production and consumption. However, if this link is positive in the production, then all the contradictions...