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The answer is that people's evaluations of their income situation are based on different considerations when the economy is expanding and when it is contracting. When, in the course of economic growth, incomes generally are rising, evaluations tend to be dominated by "social comparison" - what...
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Predicting volatility is a must in the finance domain. Estimations of volatility, along with the central tendency, permit us to evaluate the chances of getting a particular result. Financial analysts are frequently challenged with the assignment of diversifying assets in order to form efficient...
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The article describes estimating method of innovation impact on welfare of country Applied within the method model …
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Domestic Innovation (GDI) to quantify innovations in OECD countries. It will supplement universal measures such as the Gross … Domestic Product (GDP), productivity and numbers concerning employment. Apart from the methodology for its estimation, the ….S., Japan, Germany and China is presented to illustrate the concept. …
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This paper aims to investigate the impact of innovation on three macroeconomic indicators: GDP, self-employment, and … foreign direct investment (FDI). The study analyses a sample of 120 countries using the Global Innovation Index (GII) and its … constituent sub-indices and pillars, which provide a holistic evaluation of national innovation. Gross domestic product (GDP) per …
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