Following the initialling of the Vilnius Agreement from 28-29 November 2013, the Republic of Moldova seemed to have entered the path towards the European integration. The great failure for the Brussels' leaders was, by far, the Ukraine's refuse to sign the Association Agreement, a decision...

The article presents an analysis of the role of European Union in the European integration process of the Republic of Moldova in the context of Eastern Partnership and it was supported by a Marie Curie International Research Staff Exchange Scheme Fellowship within the 7th European Community...

The study aims to identify the metaphors associated with the EU in the economic press published in Romanian and Russian languages in the Republic of Moldova after signing the Association Agreement (AAs). It set out to answer the following research questions: How Moldovan economic newspapers...

In the Republic of Moldova, a large number of households that received land shares after the break-down of the collective farm structure currently focus on semi-subsistence agriculture. Often, one or more members of these households have migrated abroad. This paper aims at assessing the impact...

Assessment of the phenomenon of shadow economy represents an actual challenge for researchers from all over the world. The current paper aims to make a theoretical grounding and assessment of the shadow economy in the Republic of Moldova. Research is based on the use of the input-output model,...

This research analyzes interdependence and low efficiency of the selected capital markets in the period before and after the escalation of the global financial crisis. The aim is to show, based on the obtained results, the position that can be taken by potential investors in frontier capital...

This research attempts to apply Image Theory to examine whether the tendency to continue the initial strategy or maintain the status quo known as escalation of commitment (EoC) from institutional investors leads to positive investment performance in unstable real environmental conditions with...

The study aims to develop a dynamic model for the management of a strategic investment portfolio, taking into account the impact of crisis processes on asset value. A mathematical model of a dynamic portfolio strategy is developed, and guidelines for framing a long-term investment strategy based...

Quantitative investment strategies are often selected from a broad class of candidate models estimated and tested on historical data. Standard statistical techniques to prevent model overfitting such as out-sample backtesting turn out to be unreliable in situations when the selection is based on...

In Kwon and Satchell (2018), a theoretical framework was introduced to investigate the distributional properties of the cross-sectional momentum returns under the assumption that the vector of asset returns over the ranking and holding periods were multivariate normal. In this paper, the...