Danish Flexicurity system presents an example for other EU member countries. This complex approach can lead to a modernization of the European labor markets, an improvement of hiring candidates, a diminishing gap between employed and unemployed and consequently minimization of poverty and social...

Danish Flexicurity system presents an example for other EU member countries. This complex approach can lead to a modernization of the European labor markets, an improvement of hiring candidates, a diminishing gap between employed and unemployed and consequently minimization of poverty and social...

The authors attempt to broaden the knowledge on the capital structure theory exploring determinants that force gearing to differ considerably. They found gearing is significantly negatively correlated with the size of the company, its profitability and tangibility. The results are based on a...

This paper analyses the long-memory properties of both the conditional mean and variance of UK real GDP over the period 1851-2013 by estimating a multivariate ARFIMA-FIGARCH model (with the unemployment rate and inflation as explanatory variables). The results suggest that this series is...

The necessity of maintaining a balance between growth, employment and prices has always been in focus of economic policy debate. This piece of research is our modest contribution in the same direction. We explore the possibility of a simultaneous equilibrium of the mentioned three targets of...

U ovome su radu po prvi puta analizirani ciklusi i ekonomski rast primjenom metode spektralne analize u razdoblju od 1991. - 2013. godine. Metode spektralne analize pokazale su se izuzetno primjenjivima u uvjetima šokova, kratkih serija i strukturnih lomova u serijama. U radu je također...

The aim of this paper is twofold: first, to provide evidence supporting the thesis that Kautilya was the first political economist; second, to verify that a systematic study of political economy has begun long before the ideas and works of Adam Smith. It was in the works of Kautilya (around 375...

This study shows the relationship between income distribution and other relevant economic variables and their impact on income distribution. Panel data analysis is used to study 200 world economies and identify main income determinants. Using such a large panel to study income distribution and...

Innovation has long been recognized as one of the key elements of economic progress, though some say that its direct relation to the concept of economic growth remains rather controversial. Productivity growth is the key economic indicator of innovation, non-the-less. Growth theory assumes that...

This paper presents a new model for defining the poverty line using the Kakwani (2010) approach and developing a possible candidate for the construction of a new official poverty line. The model uses consumer theory to construct both food and non-food poverty thresholds and ensures that the...