Malaysia has sustained over four decades of rapid, inclusive growth, reducing its dependence on agriculture and commodity exports to become a more diversified, modern and open economy. GDP per capita is now higher than in a number of OECD economies, while poverty and income inequality have...

Am Beispiel der zweiten Weltwirtschaftskrise des 20. Jahrhunderts lassen sich die Gegensätze neoklassischer Ressourcenökonomie und keynesianischer Geldwirtschaft gut erkennen. Die allokative Wirkung veränderter Ressourcenknappheiten wird an der Rohölpreisentwicklung untersucht, um zu zeigen,...

This is a survey on the recent game theoretic literature on committee decision making. We consider theoretical work on the role of (i) strategic voting, (ii) costly information acquisition, (iii) conflicting interests, and (iv) communication in committees. Moreover, we review recent experimental...

This paper examines the feasibility of implementing Linear Quadratic Gaussian (LQG) Control in structural cointegrated VAR models and sheds some light on the two major problems generated by such implementation. The first aspect to be taken into account is the effect of the presence of unit roots...