13 articles in this issue
Hale Akbulut, Hüseyin Taylan Egen
From the 1980s to onwards trade liberalization policies have been widely used in many countries. This process has significant impacts on many economic aspects one of which is on the labour market. However, the direction of the relationship between t... see more
Florence Neymotin
The present analysis examines the initiation of necessity and opportunity entrepreneurship ventures in Canada from the late 1980s until more recent times, to determine how these activities relate with the business cycle. The definitions of necessity and o... see more
Stein Monteiro
There are larger productivity gains to migrating from a relatively poor country than a richer one. Due to these productivity differences, immigration from a poor source country is larger. Among poor source country immigrants, their exposure to co-ethnics ... see more
Katarzyna Schmidt, Mateusz Gajtkowski
The main aim of the study was to verify the thesis that the US economy is measured against the spectre of secular stagnation by determining the mood of American society using Google Trends. While performing the analysis, the authors used data on the Ameri... see more
Anastasia Dimiski
Existing theoretical and empirical evidence on the determinants of students’ performance reveals a direct link between pre-primary education and achievement test scores in primary school. Relying on the first-of-its-kind 2015 wave data from the Programme ... see more
Kam Hon Chu
Based on Becker, Kane, Niskanen, and Peltzman’s ideas, we develop a model to explain why deposit insurance is adopted even though policymakers are aware of its pitfalls in both theory and practice. In our model, the regulator acts as both a bureaucrat and... see more
Adamantia Kehagia, Foteini Kyriazi
The impact of structural funds of the European Union (EU) on regional economic growth is a matter of both political and economic importance. The large and regular payments made across the EU to countries and regions within them were and are meant to promo... see more
Jean-Louis Bago, Imad Rherrad, Koffi Akakpo, Ernest Ouédraogo
Using quarterly housing price-to-rent ratios from 1970 to 2018, this paper investigated the presence of real estate bubbles at a national level in eight selected European countries, namely Belgium, France, Germany, Italy, the Netherlands, Portugal, Spain,... see more
Christos Kollias, Panayiotis Tzeremes, Nickolaos G. Tzeremes
The paper examines Latin American countries’ productivity growth levels and their convergence patterns utilizing nonparametric frontier approaches. Utilizing a sample of 17 Latin American countries for the period 1970-2014 it estimates various productivit... see more
Carolyn Sissoko
In a world where the means of exchange is convertible into the numeraire consumption good at a fixed rate, no one wants to hold money over time – and due to convertibility there is no means by which the Friedman rule can generate deflation. This is the en... see more
Evangelos Vasileiou
This paper examines how the largest stock market of the world, the U.S., and particularly the S&P500 index, reacted during the COVID-19 outbreak (02.01.2020-30.04.2020). Using simple financial and corporate analysis (adopting Constant Growth Model) proced... see more
Efthymios Stathakis, Theophilos Papadimitriou, Periklis Gogas
Electricity markets are considered to be the most volatile amongst commodity markets. The non-storability of electricity and the need for instantaneous balancing of demand and supply can often cause extreme short-lived fluctuations in electricity prices. ... see more
Guillermo Peña
This is the first paper in estimating a population-averaged panel logit probability model to test the importance of the interaction between deficit in the public budgeting and income inequality in banking crises, for 36 developed countries from 1961-2011.... see more