Using an analog of the boundary element method in engineering and science, we analyze and model unemployment rate in Austria, Italy, the Netherlands, Sweden, Switzerland, and the United States as a function of inflation and the change in labor force. Originally, the model linking unemployment to...

It has been recently argued that the flattening of the Phillips curve, observed in the main industrial countries over the last two decades, is due to globalisation, which exposes domestic firms to fiercer international competition and severs the link between domestic demand and pricing. A more...

This paper analyses the major changes in textile products, production costs, prices, and market orientations during the era when the ‘draperies’ or cloth industries of the late-medieval Low Countries and England had become increasingly dependent upon northern markets and the German Hanseatic...

During the 1990s, Spain changed from a net recipient of foreign direct investment (FDI) to one of the most important investors in Latin America. Fieldwork in this article identifies trends and directions of Spanish acquisitions, with an emphasis on the 1990 to 2001 period. An overview of the...

The Fisher effect postulated that real interest rate is constant, and that nominal interest rate and expected inflation move one-for-one together. This paper employs Johansen’s method to investigate for the existence of a long-run Fisher effect in the Singapore economy over the period 1976 to...

The fiscal policies in the contemporaneous economic systems heavy influence both the real and nominal sectors. These effects could be located at the primary distribution of the social resources as will as at level their redistribution one. The aims of this paper are: (1) to review the literature...

The aim of this paper is to advance a structural modeling of the monetary politics in Tunisia and to provide elements that contribute to the understanding of the determinants of the inflation. This study is going to refer in relation to the theoretical foundations of the Phillips Curve, to...

The objective of this article is to show the effect of the action of public power on economic growth, control of corruption and foreign direct investment (FDI) in the MENA region. Our study focuses on the various aspects of the influence of two important aspects of institutional quality, namely...

Institutions are important for the analysis of the association between the deficits and inflation. This study used central bank independence and financial markets as institutional variables to investigate whether deficits are inflationary or not in the presence of dependent central bank and...

“People are worried about the unknown. They are worried about things that they are unwilling to invest some time in and learn about. I don't think most of these people are going to be automated out of existence1.” Michael Bloomberg Mayor of New York City Taking inspiration from the above...