superior management expertise that allows them to predict market fluctuations and plan the expansion and investment strategies …) adjustment and validate the use of a discrete choice modelling thereafter. Investment process occurs more smoothly than … anticipate the investment spikes by hiring one year in advance in addition to the simultaneous hiring. These firms possess a …

there is free circulation of labor, increasing returns to scale, and endogeneity of skills, this produces on the one hand …

A key area of focus in the economic reform process and the design of a favorable business environment is labor market … five years since the beginning of Economic reforms, the new Labor Law was passed in July 2003. This is not the only … weakness of the labor market reform; more importantly is that the new law did not actually bring any significant changes that …

'Reality of money' is curiously similar to uncertainty theory of (Hisenburg)quantum physics. To some (natural societies …), legitimatimacy of exchange control is derived by associating it with certain physical signifiance of 'real' goods. Exchange control … is thus decided by producers in commodity exchanges. Others (Republicans of Greek civilization) think, money can be only …

distinguish its Balance Sheet from its Statement of Conditions. (2) Fiat money should not appear as a liability in a Balance Sheet …

The role that Bernanke’s Bad News Principle plays in the modern theory of investment under uncertainty is analyzed. The … analysis shows that the actual investment dilemma is that by delaying investment firms trade off a higher present value of … earnings for a lower present value of the investment cost, in contrast to previous interpretations of this dilemma. The …