Exchange rate management has become a hot topic in academic circles examining the merits of fixed versus floating regimes. The 1997-98 Asian crisis has refocused attention on the exchange rate management of East Asian countries. Most views expressed are critical of the pre-crisis US dollar peg...

Using input-output models, we analyze the effect of removing subsidized oil products in Morocco. We set three scenarios of increasing oil products by 25%, 50% and 75%, and symmetric decreases by the same amounts. We show that the effects are high in intensive oil products sectors such as...

This paper provides a bargaining model of conflict in which the government offers a transfer to an opposition group to avoid civil war. Members of the opposition are heterogeneous in income and ideology, and heterogeneity generates disagreement about whether to accept the government's offer. We...

The aim of the paper is to analyze the functional transformation of the main Warsaw shopping streets in 1996-2010 in terms of their retail and services offer. The analysis was based on data on business entities of selected branches located in Warsaw downtown. The analyzed period was a time of...

Middle-income economies in the world are under pressure to deal with a variety of environmental problems, such as industrial pollution, urban environmental issues, the deterioration of ecosystems, and global warming, while they are expected to simultaneously achieve high economic growth. In this...

This article presents an investigation of problem of quantum system state’s measurement by using an example of particles registered by a measuring device (screen). Some variants of R-procedure which is responsible for measurements are discussed. New variant of R-procedure is suggested. It is...

Purpose – The purpose of this paper is to examine the historical trajectory of African management research and managerial thinking. Design/methodology/approach – This paper draws from a review and synthesis of the literature from 1960–2012. Findings – The analysis led to the...

This paper develops a SAM database encompassing 6,002 representative Vietnamese households, mapping one-to-one with 16 aggregate households. The database is used to calibrate two Computable General Equilibrium (CGE) models with respectively 16 aggregate and 6,002 disaggregate households....

Statistical models usually rely on the assumption that the shape of the distribution is fixed and that it is only the mean and volatility that varies. Although the fitting of heavy tail distributions has become easier due to computational advances, the fitting of the appropriate heavy tail...

This paper contributes in economic literature by investigating the impact of defense spending on income inequality in case of Iran using time series data over the period of 1971-2011. For this purpose, we have applied the ARDL bounds testing approach to cointegration for long run relationship in...