Modern research on sustainability of debt policies that apply statistical tests has started with the contribution by Hamilton and Falvin (1986) who analyzed whether the series of public debt in the USA contains a bubble term. Since then a great many papers have been written that try to answer...

The investors’ psychological training in order to accept taking chances on the capital market is one of the most important determinants of success. Information, with its many forms (TV, rumors etc.) is the essential element in performing the financial operations. The collective behavior has...

The economic systems dynamics d oes not work "on emptiness", but in the context of real and financial transactions it makes on external environment. Under the context of financial globalization, foreign direct investments form special categories of externalities which depend and influenc e a...