Global financial crisis, arising from real estate and finance sectors, has caused extra ordinary costs for the world economy. Problems in the public management model of the US finance and real estate sectors would be accepted as one of the important reasons of the financial failures in the US...

As observed at least in last two decades, financial engineering has not only changed the way of doing business in finance world, but also has changed daily life of average citizens in the leading economies. Structured products named as weapons of mass destruction in some post-crisis comments....

Proposes an economic-growth model that adheres to the salient features of the European economies during the millennium prior to the Industrial Revolution and shows how the Industrial Revolution, generated by the model, can be conceptualized as an escape from the Malthusian trap.

Proposes an economic-growth model that adheres to the salient features of the European economies during the millennium prior to the Industrial Revolution and shows how the Industrial Revolution, generated by the model, can be conceptualized as an escape from the Malthusian trap.

Proposes an economic-growth model that adheres to the salient features of the European economies during the millennium prior to the Industrial Revolution and shows how the Industrial Revolution, generated by the model, can be conceptualized as an escape from the Malthusian trap.

Constructs and analyzes an index of industrial Production for Hungary between 1830-1913.

Considers the effect of non-stationarity on the analysis of the effect of banks on economic growth in Germany in the late-19th and early-20th centuries.

Argues that the decline in physical stature of the American population beginning with 1835 was related to the concomitants of the onset of modern economic growth and not entirely to changes in the disease environment.

This study examines both short-run and long-run causal relationship between stock market capitalization, trade openness and economic growth in Thailand. Quarterly data over the period from the first quarter of 1993 to the fourth quarter of 2013 are used in the analysis. The results from this...

This paper investigates the causal relationship between electricity consumption and real GDP by applying the bounds testing for cointegration in a multivariate framework. The error correction mechanism is employed to detect causal relationship in the presence of cointegration among three...