Financial knowledge is an extremely important element not only of functioning and development, but more importantly of managing financial processes at local government level. Considering the progressing reforms of the national public finance system and the resulting consequences (legal,...

The activity of local government units requires them to constantly deepen the financial knowledge and competence of their employees. This article presents review of current trends in shaping financial knowledge of local government units in Poland. The first part of this paper shows trends...

The aim of this article is to present the results of a study on the level of financial knowledge among staff at local public administration offices. The study was conducted using the technique of Computer Assisted Telephone Interviews (CATI) on a representative sample of commune level offices in...

This research examines problems surrounding procedures of fiscal policy and their influence on economic growth in Nigeria from 1970 - 2009. Theory envisage that fiscal policy can impinge on economic growth by changing motivation for investment and labour as well as by altering after-tax proceeds...

The aim of this paper is to empirically investigate the in sample and out of sample forecasting performance of several GARCH-type models such as GARCH, EGARCH and APARCH model with Gaussian, student-t, Generalized error distribution (GED), student-t with fixed DOF 10 and GED with fixed parameter...

Transportation infrastructure is an exciting topic for public policy, private sector and the connection between them. This study deals with the impact of railways as hard type of transportation infrastructure on economic growth and population density. The purpose of this study is to search for...

This study employs the techniques of Monte Carlo Simulation and Genetic Algorithms Based Optimization aimed at analyzing the impacts of investment horizon and target terminal wealth on the performance of the Dollar Cost Averaging (DCA) investment strategy in comparison with the Value Averaging...

Several new models are used to eliminate lack of classic methods in valuation of investment decisions. Finding an answer for the question “which method is used to value investment” is important for investor to decide right investment. Choice of both methods and the components that are used...