In federal countries, such as the U.S., the fiscal authority consists not of one, but many governments, with state governments accounting for a sizable share of expenditures. We analyze how state partisanship of politicians affects state fiscal policy and quantify the possible macroeconomic...

Financial markets are perplexed by economic functioning, policies undertaken by the then government which is determined by elections wherein civilians interact and create noise that adds predictable bias while evaluating portfolios. This chapter takes the stand against the possibility of...

Worker cooperatives are enterprises owned by employees who are sharing the decision taking. This form of enterprises is an old one in Europe but the recent crisis has underlined their capacity of resilience. Furthermore, worker cooperatives are non purchasable and non relocatable. So, it has...

The main goal of this article is to demonstrate whether the awareness of key actors and the application of the sustainable development concept can find appropriate solutions for the preservation of the environment in the contemporary conditions of economic development. Humanity today is facing...