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Panel data are specific data where cases are observed at two or more time periods. This approach brings many advantages: larger dataset, decreasing collinearity between exogenous variables and using advanced econometric models. The panel data models were applied to data from the Household Budget...
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with the accusation that central banks have been the basic culprits in the current crisis, because of their monopoly of the … issuing money. This argument fails to recognize that central banks do not have a monopoly in issuing money as the dominant …
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The essay deals with one of the basic type of economic policy - the law of competition. Overseas foundations of antitrust law from the end of 19th century opened the doors for expansion such a economic policy not only in USA, also in Europe. The view on the necessity competition policy has...
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economic policy, because the competition ensures the freedom of choice. The theory of competition provides large number of …
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