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The concept of the circular economy has gained well-recognition across the world for the past decades. With the heightening risk of the impact of climate change, resource scarcity to meet the increasing world population, the need to transition to a more sustainable development model is urgent....
Persistent link: https://www.econbiz.de/10015264832
Through a continuous reform of its fiscal system (especially the tax system), the Republic of Croatia has harmonized them with those of EU countries, in keeping with European integration processes and the intention to become a full EU member. Certain differences are still in place (tax rates,...
Persistent link: https://www.econbiz.de/10015245982
This study aims to investigate the determinants of financial solvency for Algerian insurance companies and the strength and direction of their impact on the solvency margin of these companies. This was done by constructing an econometric model of financial solvency and its influencing variables...
Persistent link: https://www.econbiz.de/10015371184
We introduce a dynamical model describing the interaction between a three-sectors real economy and a financial market with four assets. Investors and financial mediators have heterogeneous beliefs. The model may be used to investigate interdependence within economic fluctuations and assets...
Persistent link: https://www.econbiz.de/10015262955
) according to public objectives of growth, stabilization, etc. In this framework, we have been able to simulate and analyze the …
Persistent link: https://www.econbiz.de/10015267183
This paper presents a structural macro-econometric model of the Maltese economy developed at the Modelling & Research Office of the Central Bank of Malta during 2012. This model is small-scale, consisting of 19 behavioural equations (estimated on quarterly data from 2000 to 2011) and 130...
Persistent link: https://www.econbiz.de/10015236668
This paper presents estimates of the possible impact on the Maltese economy of the reduction in electricity and water tariffs to residential customers that took place on 31 March 2014 and the subsequent lowering of tariffs to commercial customers, which is expected to take place in March 2015....
Persistent link: https://www.econbiz.de/10015243226
This study was conducted to determine the long-run relationship among world oil price (WOP), Philippine inflation rate (IR) and exchange rate (ER). Results of the Augmented Dickey Fuller (ADF) tests of the variables revealed that all three series are not stationary in the process and were...
Persistent link: https://www.econbiz.de/10015245122
The present paper discusses the transition from linear modelling to the first nonlinear models in economic analysis. In this vein, an important contribution was J. Hicks’s A Contribution to the Theory of the Trade Cycle where he developed his own endogenous model of the cycle. Hicks thought...
Persistent link: https://www.econbiz.de/10015249341
Decarbonization of the energy system is a major challenge for today’s energy system to combat climate change. This challenge is addressed in the EU through different political strategies and plans such as the European Green Deal, Fit-for-55, and REPowerEU, which set specific emission reduction...
Persistent link: https://www.econbiz.de/10015214121