Since the seminal work of Adam Smith, markets have been considered an efficienttool for co-ordinating the behaviour of economic agents. The basic characteristicof a market economy is that the complex system of interaction amongindividuals is not centrally coordinated. Under the assumption of...

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The relationship between appreciation of the exchange rate and employment is investigated in the period 1980-2008 for the United States. Previous literature has found a negative relationship, studying as channels of transmission the role of exports, substitution of factors of production, terms...

In the light of a growing number of unstabilized regions of warfare or post-war conditions, this paper investigates how civilians survive in the context of a civil war. It analyzes livelihood strategies of farmers in the war-torn areas of Sri Lanka. The analytical framework is based on a revised...

Although the phenomenon of refugee flows is not devoid of economic connotations, it has so far been investigated primarily by political scientists and sociologists. The analytical tools of economic inquiry have not yet been applied to this subject, although it stands to reason that such a study...

Τhe emergence of the neo-liberal doctrine in the European Union (EU), as this is reflected by the prevalence of monetarism and market deregulation, has spawned a wave of criticism to be leveled at the way national macroeconomic policies have been conducted, with more emphasis on the...

This paper opens a new field in quantitative policy analysis by developing a methodology for the construction and simulation of computable non-separable household models. Non-separability originates in market failures and in a binding credit constraint, both of which transform the products and...

The paper presents results of own research as well as research of other researchers in the field of economic activity of rural inhabitants. Their elements which could be possibly interpreted from the perspective of the ‘insider-outsider’ theory were selected. This theory assumes that there...

Article is devoted to studying of unemployment as a negative social and economic phenomenon in the life of a society. As the growth of the given parameter conducts to the shortage of produce. The structure of the unemployed according to the sex both in Grodno region, and across Belarus specifies...