In this paper, energy sector’s monopoly behavior is analyzed in the case of Azerbaijan by referring to the literature of Dutch disease and rent-seeking. As a theoretical background, a new general equilibrium model is also developed in order to explain unusual surge of gasoline prices in...

Long-term absenteeism due to sickness has been increasing in the past two decades. This has raised many questions about causes, financing, and policy measures to prevent further increases. Answering these questions is even more important in a society with an aging population, which is expected...