In this paper, we investigate the effects of monetary policy concerning the inflation rates specific for each income group of households. We find that the prices specific for high-income households are generally more rigid and less volatile compared to the prices specific for middle and...

Political economy has been interested in conceptual frameworks employed to understand variation across national economic and political institutions. In this paper, we analyze the extent to which emerging capitalist societies, particularly the Republic of Macedonia, as a representative of the...

In this paper, we study the interdependent relationship between three types of investments: foreign direct investments, central government investments, and all other investments, and their role in the gross domestic product dynamics in the Republic of Macedonia, by employing the consistent...