Tourism seasonality is the major characteristic of tourism industry, a well know but less understood phenomenon. Seasonal fluctuations of tourism demand are implying numerous negative implications affecting tourist destination, tourist operators and tourist demand. Almost every tourist...

The pandemic that erupted in 2020 generated a significant increase in public debt, which is likely to draw the attention of economic policy and the economic profession to the evolution and sustainability of debt. This study first shows how the gross sovereign nominal consolidated government debt...

In some studies, only financial aspects are emphasized, but we also see cases of assessing the financial health of municipalities through socio-economic indicators. Public organizations worldwide have had to increase their financial performance by adopting management practices. Nonetheless,...

What is the situation of the transport sector in the Czech Republic and what is its importance for the economy of the Czech Republic? How and to what extent do businesses operating in this sector influence the sector as such, and how many businesses in this sector have such influence?...

The research focus on the analysis of interdependence of economic and ICT development results from the fact that, in recent decades, ICTs have become a dominant factor in generating socio-economic prosperity of countries. ICT expansion is a stimulus for economic growth, and vice versa. In order...

This study proposes a wavelet procedure for estimating partial correlation coefficients between stock market returns over different time scales. The estimated partial correlations are subsequently used in a cluster analysis to identify, for each time scale, groups of stocks that exhibit distinct...

The gender pay gap is a complex issue caused by a number of interrelated factors and has inevitable impact on the status of women in their economic and social life. The objectives of this paper are concentrated in investigating the sex-segregation by economic activity in the labour market and...

Regardless Adult participation in learning (APinL) indicator was by European Commission (2010) in Europe 2020 Strategy targeted with 15% by 2020, for European Union (EU) countries the respective percentage in 2017 was 10.9% only, with coefficient of variation of 70.4%. Recently it has been...

In this paper, the profitability indicators are analysed for the first hundred companies of the Croatian market, which are classified according to the net profit. The profitability indicators included in the analysis are the following: EBIT margin, EBITDA margin, net profit margin, return on...

This paper introduces a spectral clustering-based method to show that stock prices contain not only firm but also network-level information. We cluster different stock indices and reconstruct the equity index graph from historical daily closing prices. We show that tail events have a minor...