This paper illustrates a case where an increase of the in-terest rates improves the economic activity and reduces incomeinequality. This theoretical exercise deals with a simple model ofdisequilibrium with accountant identities of budget constraints. Inaddition, and following previous models,...

Like in several sectors of consumer demand, attitudes, believes, and the political environment may also influence the worldwide demand for tourism. Consequentially, this thesis concentrates on a wider range of determinants including non-economical factors of tourism demand and supply in both the...