We analyze interrelations between three stock markets in Central and Eastern Europe and, in addition, interconnections which may exist between Western European (DAX, CAC, UKX) and Central and Eastern European stock markets (BUX, PX-50, WIG20). The novelty of our paper rests mainly on the use of...

Working with 110 pairs of time series of state and market commodity prices in Russia, we search for signs of transition in Russia from a command to a market economy. Beginning with inter-city comparisons of state and market prices, we find that differences in the levels of these prices have...

This paper provides an interpretation of the global pattern of economic growth in the period following 1950. It uses a model in which growth in an individual country depends on a number of different so-called common trends that are representative of the global economy. Although such trends are...

In this paper a survey is presented of works on market demand. Conditions are examined under which such demand is a continuous function of prices and conditions which ensure its continuous differentiability.

Im Mittelpunkt der auf WALRAS (1874) zurückgehenden allgemeinen Gleichgewichtstheorie steht der Begriff des Wettbewerbsgleichgewichts. Diesem nicht kooperativen Gleichgewichtsbegriff lässt sich ein anderer, kooperativer gegenüberstellen, der auf EDGEWORTH (1881) zurückgeht, der des Kerns...