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recent economic crisis in Lithuania, the lack of the counter-cyclical protection provided by the welfare state is apparent …
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in Lithuania. The authors are proposing a hypothesis that a long-term investment in shares is not only more profitable … this research are based on OMXV index and 10-year government bond data from Lithuania. Our results are different from the … to 60 months, the risk of shares in Lithuania still remains higher than the risk of bonds, and return of shares is lower …
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