This study quantifies the impact of selected economic determinants on corporate tax revenues. The methodology applies a panel regression method with the 27 EU Member States considered for 2004-2020. This paper used a panel regression model with fixed effects, and the Arellano adjustment was used...

The paper provides evidence on correlation structure forecasting techniques. We use index model parameters to forecast significant parts of securities returns volatility – systematic risk and specific risk. Except of this static perspective we have suggested, improved and dynamised these...

Financial instability is a recurring, macroeconomic phenomenon which has been manifesting itself in form of the Great Recession since 2007. The paper pursues the question of how financial instability affects the risk of a country. We discuss the relation of the risk of a particular country to...

This article focuses on the term structure of interest rates analysis in the form of a yield curve. The yield curve is a basic instrument for understanding the relationship between the price of money and the maturity of a financial instrument. It has the same relevance for all economic subjects...