A framework for simplified implementation of the collective model of labor supply decisions is presented in the context of fiscal reforms in the UK. Through its collective form the model accounts for the well known problem of distribution between wallet and purse, a broadly debated issue which...

The Europe 2020 strategy, the main instrument for implementing the Lisbon Treaty, has emerged from the impact that the economic and financial crisis has had on the European economy. Through this strategy, the European Union pursues the progress of the concepts of smart, sustainable and inclusive...

Economic growth is one of main factors of economic development. It is true that development process affected not only by economic factor such as natural resources, capital accumulation, organization, technological progress, labour specialization, and production scale but also by non economic...

Consumption theory and analysis of consumption function are the keys in macroeconomics. It is important for the analysis of the function of savings and hence for the investment resources, long-term economic equilibrium and short-term economic fluctuations, for the analysis of conditions and...

South Africa has overcome adverse initial conditions to achieve a remarkable fiscaltransformation since the 1994 democratic elections, held amid uncertainty about its ability to maintain the rule of law and resist populist spending pressures. Constitutionally-based, durable and credible fiscal...

In the global context of constantly evolving economies, the efficiency of a country's fiscal system becomes a central pillar in ensuring its stability and prosperity. The Republic of Moldova faces challenges related to the structure, collection and distribution of fiscal resources. Evaluating...

In recent years, for most emerging markets, public debt has decreased and its composition has evolved toward domestic currency. This progress is remarkable in terms of reduced financial vulnerability, which has been underpinned by favourable financing conditions and related deepening of local...

Zusammenfassung: Diese Arbeit liefert eine institutionenökonomische Sicht auf den chinesischen Bankensektor des Jahres 2005. Im theoretischen Teil werden etablierte makroprudentielle Indikatoren zur Prüfung der Bankenstabilität in einen Rahmen aus informellen und formalen marktregulierenden...

Bankinis sektorius yra vienas iš svarbiausių ekonomikos sektorių, užtikrinančių, kad ekonomikoje nepaliaujamai vyktų pinigų manai ir cirkuliacija. Todėl tyrimai, susiję su bankų kreditavimo pokyčiais yra itin aktualūs. Didėjanti besivystančių rinkų svarba globalioje ekonomikoje,...

Studying the development of credit institutions in the economy is relevant as there is a strong relationship between the activity of the financial institutions and the economic growth as well as the economic stability. The changes in the European financial services sector are related to the...