Theoretical aspects of the financial expence planning of the national budget are analysed in this master’s work. This … work represents classical taxes theories, their typology and the significance of the formation of the national budget in … the work. Various programs of the budget, their evaluation system, and main parameters are also given. This work …

stock market liquidity to influence the business cycle in developing Baltic states. Stock market fluctuations and business … cycles are represented by dynamic factors at the quaterly frequency. The result show, that stock market liquidity proxies … such purposes it would be interesting to do more extensive comparisons of the predictive power of different liquidity …