The traditional role of voluntary welfare associations has changed and will change further on. Recent legislation strongly influenced by the European Union largely abolished their prominent and privileged role in corporatism. The traditional way of co-operation was substituted with new forms of...

The importance of knowledge and innovation in modern economies justifies the in-creasing interest that scholars are taking in studying knowledge-intensive business services (KIBS). The objective of this paper is to track the evolution of the key dimen-sions on which scholars have based their...

In this paper, we review the most common specifications of discrete-time stochastic volatility (SV) models and illustrate the major principles of corresponding Markov Chain Monte Carlo (MCMC) based statistical inference. We provide a hands-on ap proach which is easily implemented in empirical...