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Economic Development as a Matter of Political Geography

Druck, Pablo; Streb, Jorge M. - Universidad del CEMA - 2001

We start out from the hypothesis that limited government leads to low uncertainty and low transaction costs. If … political institutions affect the degree of uncertainty and transaction costs, we formally show they should affect the steady … state level of income per capita. The impact of uncertainty and transaction costs on income per capita is formalized in a …

Persistent link: https://www.econbiz.de/10005668472

SINTEZA PRIVIND MODELAREA FRAGILITATII SISTEMULUI FINANCIAR

Iancu, Aurel - Institutul National de Cercetari Economice (INCE), … - 2010

This survey analyzes two types of models: 1. Models based on assumptions of monetary and financial market equilibrium disturbance in line with mainstream thinking to believe that is self-regulating market, the units would have rational expectations, an the crisis would be a temporary phenomenon...

Persistent link: https://www.econbiz.de/10008764787

Price Volatility, Expectations and Monetary Policy in Nigeria

Olumide, Ajimuda - In: Annals - Economy Series 1 (2009) May, pp. 109-140

The study has as its objectives, to determine the influence of price volatility and price expectation in the rate of inflation as a measure of the price level. In addition, the study sought to evaluate ipso facto the extent to which monetary policy has influenced inflation by reducing price...

Persistent link: https://www.econbiz.de/10008459912

Reverse Charging Purchases to Intra-Transportation Means in the Context of New Tax Regulations

Nicolae, Ecobici; Gabriela, Busan - In: Annals - Economy Series 1 (2009) May, pp. 91-108

New tax rules with effect from 1 May 2009 with a series of changes on the tax deductibility of the value added acquisitions related to transport and fuel use. The measure is very obvious nature of politics in order to bring the state budget amounts as required under the current government crisis...

Persistent link: https://www.econbiz.de/10008459915

Rational Expectations in Price Setting. Tests Based on Norwegian Export Prices

Svendsen, Ingvild - Statistisk Sentralbyrå, Government of Norway - 1998

This paper uses imperfect competition as a basis for modelling the export price for an aggregated commodity produced by the Norwegian private mainland economy. The long run solution is analysed using a cointegration technique. The dynamics are modelled according to two different approaches; a...

Persistent link: https://www.econbiz.de/10004980524

Expectations in Export Price Formation Tests using Cointegrated VAR Models

Boug, Pål; Cappelen, Ådne; Swensen, Anders R. - Statistisk Sentralbyrå, Government of Norway - 2000

The formation of export prices is an area in which the linear quadratic adjustment cost (LQAC) model under rational expectations may be relevant in practice. This paper evaluates the empirical performance of the LQAC-model using Norwegian data and a new testing procedure suggested by Johansen...

Persistent link: https://www.econbiz.de/10004980930

CONSIDERATIONS UPON THE SELECTION OF CURRENCY HEDGING STRATEGIES – BETWEEN OPORTUNITY AND APPLICABILITY

SPATACEAN, Ioan Ovidiu; NISTOR, Paula - In: STUDIA UNIVERSITATIS PETRU MAIOR SERIES OECONOMICA 1/2009 (2009) December, pp. 57-78

In conditions of high exchange rate volatility, entities conducting foreign trade transactions are subject to currency risk exposures, which may have a significant impact on financial performance and operating profitability. The research approach is oriented to identify the possibility to...

Persistent link: https://www.econbiz.de/10008753264

Financial investments and real investments in the economy of Romania

Ion, ROMANU - In: Economia. Seria Management 12 (2009) 1 Special, pp. 35-39

This paper aims to highlight the benefits and the importance of investments in economic growth of a country. Global crisis creates impediments in obtaining these investments, which structure was divided into financial investments and real investments. Among the many causes that have helped...

Persistent link: https://www.econbiz.de/10004966412

„End of pipe” clean metallurgic technologies

Georgeta, CUCULEANU - In: Economia. Seria Management 12 (2009) 1 Special, pp. 246-250

In the paper the use of “end of pipe” clean technologies for steel making in oxygen converter are presented. The exhaust gases resulted from steel making process contain dust, smoke and oxides as pollutants. For restraining them electric filter or washers are used. The washer can be...

Persistent link: https://www.econbiz.de/10005002646

Economic research in a new challenge

Ion, VASILESCU - In: Economia. Seria Management 12 (2009) 1 Special, pp. 8-11

The Romanian economy goes through a stage of economic unbalances. In this context, the necessity generated by psychological and practical reasons to understand and draft ideas concerning the future behaviour of economic systems such as to overrun the actual condition of our country economy...

Persistent link: https://www.econbiz.de/10005002649

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