In the Schumpeterian creative disruption age, the authors firmly believe that an increasing application of electronic technologies in the finances opens a big number of new unlimited opportunities toward a new era of the ultra high frequency electronic trading in the foreign currencies exchange...

The M&A transactions represent a wide range of unique business optimization opportunities in the corporate transformation deals, which are usually characterized by the high level of total risk. The M&A transactions can be successfully implemented by taking to an account the size of investments,...

Reducing hunger incidence in the country is still the major policy challenge confronting our leaders today. Statistics on hunger produced by both government and private institutions show a very slow reduction in hunger incidence over the last five years. Official data from Philippines Statistics...

Forecasting the nominal exchange rate has been one of the most difficult exercises in economics. This study employs the Frankel (1979) monetary model of exchange rate to examine the long run behavior of Pakistan rupee per unit of US dollar over the period 1982:Q1 to 2012:Q2. Johansen and...

The study investigates relevant significance of various economic determinants for inflows of worker’s remittances to Pakistan. Following precedence from the policy index developed by Burnside and Dollar (2000), we develop a policy index for Pakistan and use it as a proxy for estimating the...

European transition economies are still suffering from negative implications of economic crisis. Significant decrease in the key interest rates was followed by reduced maneuverability of central banks in providing incentives into real economies. Low interest rate environment together with...

The international capital flows are intensifying due to the deepening of globalization and diversification of portfolios in international capital markets. These factors have contributed to the increased integration of international financial markets. A VAR model is carried out to analyze how a...

Three macroeconomic issues are examined in separate self-contained studies. The novelty is in the combination of time domain time series methods with bootstrap techniques. The combined technique is here used to analyze issues where accuracy in inference, rather than the lack of theory, has...

The paper explores the characteristics of spatial price movements for fresh vegetables. The analysis is conducted on tomatoes and cauliflowers prices collected on main production and consumption European markets. It is based on the estimation of an asymmetric threshold autoregressive econometric...

This study analyzes the impact of the exchange rate fluctuations in the short and long-runs in Tunisia under a pure commitment policy through two channels. The first is the Structural Vector Autoregression used to analyze the short run effects of the exchange rate on the industrial production...