The stochastic simulation model suggested by Bolder (2003) for the analysis of the federal government's debt-management strategy provides a wide variety of useful information. It does not, however, assist in determining an optimal debt-management strategy for the government in its current form....

The main objective of this book is to develop a strategy and policy measures to enhance the formalization of the shadow economy in order to improve the competitiveness of the economy and contribute to economic growth; it explores these issues with special reference to Serbia. The size and...

Econometrics is defined as the application of statistical analysis (that is, numbers) to theory. The promise of such a purportedly “objective” and “scientific” approach to tax policy allowed econometrics to partly displace jurisprudence within the field of taxation. However, econometric...