The aim of this study is to investigate the effects of direct payments and rural development measures of the EU’s Common Agricultural Policy (CAP) on employment in agriculture. We work with a dynamic labour demand equation augmented by the full set of policy instruments of the CAP, which is...

Kronthaler F. (2005) Economic capability of East German regions: results of a cluster analysis, Regional Studies 39 , 739-750. This paper analyses the economic capability of East German regions compared with West German regions. Based on new growth theory and new economic geography, and using...

Rollover risk imposes market discipline on banks’ risk-taking behavior but it can be socially costly. I present a two-sided model in which a bank simultaneously lends to a firm and borrows from the short-term funding market. When the bank is capital constrained, uncertainty in asset...

This paper studies the different kinds of business models within the biotech cluster in Italy. A balance sheet analysis of 88 biotech firms shows the main differences among them: according to the characteristics of the business model, some indexes are better than others in describing the...

At macroeconomic level, the Italian competitiveness is very low: the main international rating agencies put our country in the lower positions of the rankings, at the same level of many less-developed-countries. If we analyse the structural characteristics and the economic performances of...

Подходы к оценке статей актива бухгалтерского баланса в российской учётной практике в последние годы практически не менялись. Тем не менее, существующие...

В данной статье рассматривается проблема составления отчетности предприятий по требованиям международных стандартов. Проведен сравнительный анализ...

The financial statements submitted by each company annually reflect their financial performance in the past but are also utilized to forecast the future results in quantitative and realistic frames. The aim of the following elaboration is to thoroughly research all the issues related to...

The balance sheet presents the liquidities balance and the liquidity equivalents of the company at the end of the period. By examining the balances referring to the two consecutive periods, it can be stated that if the liquidities and the liquidity equivalents have increased or have decreased...