Is healthcare a luxury? An answer to this question in the health economics literature mostly relied on the use of the level of healthcare spending as the explained variable. But by using the level of healthcare spending as the dependent variable, we may fail to identify pure income effects and...

The method of exponential smoothing is widely used in the forecasting of financial and economic characteristics in different sectors of the economy, departments, etc. In the construction of a forecast model by exponential smoothing time series of characteristics of socio–economic security is...